Sparebanken Property Plant Equipment vs Total Assets Analysis

0G67 Stock   143.28  0.62  0.43%   
Sparebanken Vest financial indicator trend analysis is much more than just breaking down Sparebanken Vest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sparebanken Vest is a good investment. Please check the relationship between Sparebanken Vest Property Plant Equipment and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sparebanken Vest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparebanken Vest Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sparebanken Vest's Property Plant Equipment and Total Assets is 0.57. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sparebanken Vest, assuming nothing else is changed. The correlation between historical values of Sparebanken Vest's Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Sparebanken Vest are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Sparebanken Vest's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Sparebanken Vest assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sparebanken Vest books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sparebanken Vest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sparebanken Vest current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sparebanken Vest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 1.4 B in 2025, whereas Tax Provision is likely to drop slightly above 517 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense3.6B9.1B10.5B11.0B
Depreciation And Amortization218M192M220.8M127.8M

Sparebanken Vest fundamental ratios Correlations

0.970.970.270.980.21-0.250.840.82-0.26-0.250.690.80.8-0.39-0.140.920.2-0.420.66-0.240.250.62-0.67-0.10.89
0.970.930.221.00.25-0.190.860.84-0.34-0.190.590.880.88-0.31-0.110.870.12-0.440.63-0.150.290.56-0.7-0.180.86
0.970.930.280.930.28-0.360.720.7-0.08-0.360.720.660.66-0.47-0.170.970.31-0.480.76-0.260.350.55-0.56-0.20.83
0.270.220.280.22-0.33-0.010.150.140.07-0.010.14-0.03-0.03-0.080.130.42-0.1-0.10.28-0.31-0.310.34-0.07-0.270.27
0.981.00.930.220.25-0.20.860.84-0.34-0.20.60.870.87-0.32-0.120.870.12-0.440.63-0.150.290.56-0.7-0.180.86
0.210.250.28-0.330.25-0.180.150.180.0-0.180.190.230.23-0.1-0.290.21-0.21-0.280.330.330.96-0.21-0.08-0.160.13
-0.25-0.19-0.36-0.01-0.2-0.18-0.15-0.19-0.061.0-0.570.020.020.970.4-0.43-0.280.22-0.610.38-0.18-0.150.040.16-0.3
0.840.860.720.150.860.15-0.150.99-0.74-0.150.660.930.93-0.29-0.20.66-0.1-0.330.41-0.240.080.65-0.820.050.87
0.820.840.70.140.840.18-0.190.99-0.76-0.190.690.910.91-0.33-0.220.65-0.12-0.340.43-0.280.110.65-0.810.030.87
-0.26-0.34-0.080.07-0.340.0-0.06-0.74-0.76-0.06-0.32-0.67-0.670.040.18-0.030.430.060.090.130.16-0.390.63-0.21-0.46
-0.25-0.19-0.36-0.01-0.2-0.181.0-0.15-0.19-0.06-0.570.020.020.970.4-0.43-0.280.22-0.610.38-0.18-0.150.040.16-0.3
0.690.590.720.140.60.19-0.570.660.69-0.32-0.570.410.41-0.71-0.440.750.26-0.470.58-0.510.150.62-0.550.060.76
0.80.880.66-0.030.870.230.020.930.91-0.670.020.411.0-0.09-0.120.54-0.12-0.280.340.010.20.5-0.78-0.010.75
0.80.880.66-0.030.870.230.020.930.91-0.670.020.411.0-0.09-0.120.54-0.12-0.280.340.010.20.5-0.78-0.010.75
-0.39-0.31-0.47-0.08-0.32-0.10.97-0.29-0.330.040.97-0.71-0.09-0.090.33-0.55-0.310.29-0.630.53-0.11-0.310.210.16-0.45
-0.14-0.11-0.170.13-0.12-0.290.4-0.2-0.220.180.4-0.44-0.12-0.120.33-0.140.050.13-0.22-0.1-0.17-0.030.02-0.02-0.26
0.920.870.970.420.870.21-0.430.660.65-0.03-0.430.750.540.54-0.55-0.140.34-0.470.75-0.340.290.52-0.5-0.220.78
0.20.120.31-0.10.12-0.21-0.28-0.1-0.120.43-0.280.26-0.12-0.12-0.310.050.34-0.180.33-0.19-0.010.050.10.04-0.11
-0.42-0.44-0.48-0.1-0.44-0.280.22-0.33-0.340.060.22-0.47-0.28-0.280.290.13-0.47-0.18-0.42-0.16-0.28-0.150.210.15-0.38
0.660.630.760.280.630.33-0.610.410.430.09-0.610.580.340.34-0.63-0.220.750.33-0.42-0.360.360.4-0.2-0.410.54
-0.24-0.15-0.26-0.31-0.150.330.38-0.24-0.280.130.38-0.510.010.010.53-0.1-0.34-0.19-0.16-0.360.32-0.510.160.07-0.38
0.250.290.35-0.310.290.96-0.180.080.110.16-0.180.150.20.2-0.11-0.170.29-0.01-0.280.360.32-0.22-0.05-0.20.07
0.620.560.550.340.56-0.21-0.150.650.65-0.39-0.150.620.50.5-0.31-0.030.520.05-0.150.4-0.51-0.22-0.750.290.71
-0.67-0.7-0.56-0.07-0.7-0.080.04-0.82-0.810.630.04-0.55-0.78-0.780.210.02-0.50.10.21-0.20.16-0.05-0.75-0.16-0.7
-0.1-0.18-0.2-0.27-0.18-0.160.160.050.03-0.210.160.06-0.01-0.010.16-0.02-0.220.040.15-0.410.07-0.20.29-0.16-0.04
0.890.860.830.270.860.13-0.30.870.87-0.46-0.30.760.750.75-0.45-0.260.78-0.11-0.380.54-0.380.070.71-0.7-0.04
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Sparebanken Vest Account Relationship Matchups

Sparebanken Vest fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets221.3B234.6B263.8B306.5B352.5B370.1B
Short Long Term Debt Total78.9B91.0B102.6B141.1B162.2B170.4B
Total Stockholder Equity18.4B19.8B21.9B21.8B25.0B26.3B
Property Plant And Equipment Net701M650M655M660M759M527.6M
Net Debt78.7B90.6B102.5B140.7B161.8B169.9B
Retained Earnings2.0B2.5B3.1B3.6B4.2B2.9B
Cash217M334M143M387M348.3M655.5M
Non Current Assets Total37.2B29.0B37.1B306.1B352.0B369.6B
Non Currrent Assets Other(94M)(239M)(173M)259.8B298.8B313.7B
Other Assets183.9B205.2B226.5B44M50.6M48.1M
Cash And Short Term Investments217M334M143M387M348.3M655.5M
Common Stock Shares Outstanding107.3M107.0M107.4M109.6M126.0M132.3M
Liabilities And Stockholders Equity221.3B234.6B263.8B306.5B352.5B370.1B
Non Current Liabilities Total78.9B91.0B102.6B283.1B325.5B341.8B
Total Liab78.9B91.0B102.6B283.1B325.5B341.8B
Total Current Assets217M334M143M387M348.3M330.9M
Intangible Assets204M172M142M124M142.6M194.4M
Other Stockholder Equity15.8B17.1B2.0B2.0B2.3B4.1B
Other Current Liab(381M)(697M)(736M)(1.0B)(925.2M)(878.9M)
Accumulated Other Comprehensive Income12.5B13.9B15.8B17.0B19.6B20.6B
Other Current Assets277M390M250M475M427.5M688.5M
Total Current Liabilities18.3B24.5B18.7B18.0B20.7B21.9B
Short Term Debt17.5B23.4B17.8B17.7B20.4B19.2B
Other Liab770M468M685M2.0B2.3B2.4B
Net Tangible Assets16.6B18.1B19.5B21.6B24.9B19.2B
Accounts Payable79.6B82.7B90.8B112.3B129.1B93.0B
Long Term Debt96.3B98.2B116.2B119.8B137.8B113.6B
Property Plant Equipment1.6B701M650M655M753.3M695.4M
Earning Assets26.6B22.7B34.1B23.2B26.7B28.8B

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