| 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 Current Liabilities 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 Current Liabilities
Total Revenue vs Total Current Liabilities 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 Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sparebanken Vest's Total Revenue and Total Current Liabilities is 0.2. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities 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 Current Liabilities 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 Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Sparebanken Vest's Total Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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 Current Liabilities
Total Current Liabilities is an item on Sparebanken Vest balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sparebanken Vest are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.