0GWS Stock | | | 95.18 2.22 2.28% |
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 Short Long Term Debt Total and its Property Plant Equipment 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.
Short Long Term Debt Total vs Property Plant Equipment
Short Long Term Debt Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BillerudKorsnas AB Short Long Term Debt Total account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BillerudKorsnas' Short Long Term Debt Total and Property Plant Equipment is -0.56. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of BillerudKorsnas AB, assuming nothing else is changed. The correlation between historical values of BillerudKorsnas' Short Long Term Debt Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of BillerudKorsnas AB are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Long Term Debt Total i.e., BillerudKorsnas' Short Long Term Debt Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Long Term Debt Total
Property Plant Equipment
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
BillerudKorsnas fundamental ratios Correlations
Click cells to compare fundamentals
BillerudKorsnas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BillerudKorsnas fundamental ratios Accounts
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measure BillerudKorsnas' 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 BillerudKorsnas is operating at the current time. Most of BillerudKorsnas' value examination focuses on studying past and present price action to
predict the probability of BillerudKorsnas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BillerudKorsnas' price. Additionally, you may evaluate how the addition of BillerudKorsnas to your portfolios can decrease your overall portfolio volatility.