| 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 Total Revenue 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.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sparebanken Vest Total Revenue account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Sparebanken Vest's Total Revenue and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Revenue 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 Total Revenue 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 Total Revenue 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 Total Revenue i.e., Sparebanken Vest's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Sparebanken Vest generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
Sparebanken Vest fundamental ratios Correlations
Click cells to compare fundamentals
Sparebanken Vest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sparebanken Vest fundamental ratios Accounts
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Additional Tools for Sparebanken Stock Analysis
When running Sparebanken Vest's price analysis, check to
measure Sparebanken Vest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sparebanken Vest is operating at the current time. Most of Sparebanken Vest's value examination focuses on studying past and present price action to
predict the probability of Sparebanken Vest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebanken Vest's price. Additionally, you may evaluate how the addition of Sparebanken Vest to your portfolios can decrease your overall portfolio volatility.