BillerudKorsnas Intangible Assets vs Retained Earnings Analysis

0GWS Stock

101.68 1.13 1.12%

BillerudKorsnas financial indicator trend analysis is way more than just evaluating BillerudKorsnas AB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BillerudKorsnas AB is a good investment. Please check the relationship between BillerudKorsnas Intangible Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BillerudKorsnas AB. 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.

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BillerudKorsnas AB Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BillerudKorsnas' Intangible Assets and Retained Earnings is -0.46. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of BillerudKorsnas AB, assuming nothing else is changed. The correlation between historical values of BillerudKorsnas' Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of BillerudKorsnas AB are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., BillerudKorsnas' Intangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from BillerudKorsnas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BillerudKorsnas AB 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 BillerudKorsnas AB. 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.

Tax Provision is likely to drop to about 226.7 M in 2024. Selling General Administrative is likely to drop to about 3.8 B in 2024

	2020	2021	2023	2024 (projected)
Interest Income	75M	113M	130.0M	123.0M
Tax Provision	3M	391M	351.9M	226.7M

Interest Income Tax Provision

BillerudKorsnas fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Cash	Long Term Debt	Cash And Short Term Investments	Total Liab	Intangible Assets
Other Current Liab		0.8	0.89	0.85	0.67	0.81	1.0	0.81	0.86	1.0	-0.55	0.86	1.0	0.9	-0.81	-0.81	-0.81	-0.81	-0.81	-0.81	-0.81	-0.81
Total Current Liabilities	0.8		0.96	0.83	0.5	0.99	0.82	0.99	0.96	0.82	-0.27	0.88	0.81	0.9	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4
Other Liab	0.89	0.96		0.92	0.66	0.97	0.89	0.97	0.99	0.89	-0.47	0.95	0.89	0.98	-0.55	-0.55	-0.55	-0.55	-0.55	-0.55	-0.55	-0.55
Net Tangible Assets	0.85	0.83	0.92		0.89	0.84	0.82	0.82	0.93	0.82	-0.76	0.99	0.85	0.97	-0.5	-0.5	-0.5	-0.5	-0.5	-0.5	-0.5	-0.5
Retained Earnings	0.67	0.5	0.66	0.89		0.51	0.61	0.48	0.66	0.61	-0.96	0.84	0.66	0.78	-0.46	-0.46	-0.46	-0.46	-0.46	-0.46	-0.46	-0.46
Accounts Payable	0.81	0.99	0.97	0.84	0.51		0.83	0.99	0.98	0.83	-0.29	0.89	0.82	0.92	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4
Other Assets	1.0	0.82	0.89	0.82	0.61	0.83		0.84	0.86	1.0	-0.47	0.84	1.0	0.88	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8
Net Receivables	0.81	0.99	0.97	0.82	0.48	0.99	0.84		0.97	0.83	-0.26	0.87	0.82	0.91	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43
Inventory	0.86	0.96	0.99	0.93	0.66	0.98	0.86	0.97		0.86	-0.47	0.96	0.86	0.98	-0.44	-0.44	-0.44	-0.44	-0.44	-0.44	-0.44	-0.44
Other Current Assets	1.0	0.82	0.89	0.82	0.61	0.83	1.0	0.83	0.86		-0.48	0.84	1.0	0.88	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8
Other Stockholder Equity	-0.55	-0.27	-0.47	-0.76	-0.96	-0.29	-0.47	-0.26	-0.47	-0.48		-0.69	-0.54	-0.62	0.42	0.42	0.42	0.42	0.42	0.42	0.42	0.42
Total Current Assets	0.86	0.88	0.95	0.99	0.84	0.89	0.84	0.87	0.96	0.84	-0.69		0.86	0.98	-0.49	-0.49	-0.49	-0.49	-0.49	-0.49	-0.49	-0.49
Common Stock	1.0	0.81	0.89	0.85	0.66	0.82	1.0	0.82	0.86	1.0	-0.54	0.86		0.9	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8
Property Plant Equipment	0.9	0.9	0.98	0.97	0.78	0.92	0.88	0.91	0.98	0.88	-0.62	0.98	0.9		-0.56	-0.56	-0.56	-0.56	-0.56	-0.56	-0.56	-0.56
Total Assets	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56		1.0	1.0	1.0	1.0	1.0	1.0	1.0
Short Long Term Debt Total	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0		1.0	1.0	1.0	1.0	1.0	1.0
Total Stockholder Equity	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0	1.0		1.0	1.0	1.0	1.0	1.0
Cash	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0	1.0	1.0		1.0	1.0	1.0	1.0
Long Term Debt	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0	1.0	1.0	1.0		1.0	1.0	1.0
Cash And Short Term Investments	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0	1.0	1.0	1.0	1.0		1.0	1.0
Total Liab	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0	1.0	1.0	1.0	1.0	1.0		1.0
Intangible Assets	-0.81	-0.4	-0.55	-0.5	-0.46	-0.4	-0.8	-0.43	-0.44	-0.8	0.42	-0.49	-0.8	-0.56	1.0	1.0	1.0	1.0	1.0	1.0	1.0

Click cells to compare fundamentals

BillerudKorsnas Account Relationship Matchups

BillerudKorsnas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	924M	925M	950M	3.9B	4.5B	4.7B
Total Current Liabilities	5.4B	5.9B	8.2B	13.0B	14.9B	8.8B
Other Liab	4.6B	4.6B	4.9B	6.1B	7.1B	5.5B
Net Tangible Assets	17.4B	17.3B	18.1B	27.0B	31.1B	20.2B
Accounts Payable	2.9B	3.1B	3.8B	6.7B	7.7B	4.5B
Other Assets	92M	128M	290M	2.2B	2.6B	2.7B
Net Receivables	3.1B	2.8B	3.4B	5.0B	5.8B	3.9B
Inventory	3.6B	3.6B	3.8B	7.3B	8.4B	4.8B
Other Current Assets	88M	287M	448M	2.9B	3.4B	3.5B
Total Current Assets	10.5B	10.1B	11.8B	17.3B	19.9B	12.7B
Property Plant Equipment	23.1B	23.0B	22.7B	29.6B	34.1B	26.4B

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BillerudKorsnas Intangible Assets vs Retained Earnings Analysis

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Intangible Assets

Retained Earnings

BillerudKorsnas fundamental ratios Correlations

BillerudKorsnas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BillerudKorsnas fundamental ratios Accounts

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Additional Tools for BillerudKorsnas Stock Analysis

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Other Assets	+ 1.0	Other Current Liab
Other Current Assets	+ 1.0	Other Current Liab
Common Stock	+ 1.0	Other Current Liab
Other Current Assets	+ 1.0	Other Assets
Common Stock	+ 1.0	Other Assets
Common Stock	+ 1.0	Other Current Assets

Other Stockholder Equity	- 0.96	Retained Earnings
Intangible Assets	- 0.81	Other Current Liab
Total Liab	- 0.81	Other Current Liab
Cash And Short Term Investments	- 0.81	Other Current Liab
Long Term Debt	- 0.81	Other Current Liab
Cash	- 0.81	Other Current Liab