Industrivarden Other Current Liab vs Common Stock Analysis

0H13 Stock   358.60  6.31  1.79%   
Industrivarden financial indicator trend analysis is infinitely more than just investigating Industrivarden AB ser recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrivarden AB ser is a good investment. Please check the relationship between Industrivarden Other Current Liab and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrivarden AB ser. 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.

Other Current Liab vs Common Stock

Other Current Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrivarden AB ser Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Industrivarden's Other Current Liab and Common Stock is -0.45. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Industrivarden AB ser, assuming nothing else is changed. The correlation between historical values of Industrivarden's Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Industrivarden AB ser are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Industrivarden's Other Current Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Common Stock

Most indicators from Industrivarden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrivarden AB ser 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 Industrivarden AB ser. 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 gain to about 56 M in 2024, whereas Selling General Administrative is likely to drop slightly above 129.6 M in 2024.

Industrivarden fundamental ratios Correlations

-0.55-0.930.990.97-0.93-0.55-0.93-0.74-0.66-0.890.650.73-0.890.810.950.84-0.92
-0.550.66-0.64-0.620.71.00.70.950.70.73-0.38-0.330.71-0.59-0.62-0.620.6
-0.930.66-0.95-0.960.970.660.970.840.730.94-0.52-0.640.95-0.82-0.94-0.910.94
0.99-0.64-0.950.98-0.95-0.64-0.95-0.81-0.72-0.930.610.72-0.920.820.950.85-0.92
0.97-0.62-0.960.98-0.94-0.62-0.94-0.78-0.66-0.90.60.73-0.910.880.990.87-0.97
-0.930.70.97-0.95-0.940.71.00.870.830.96-0.52-0.740.98-0.89-0.94-0.830.92
-0.551.00.66-0.64-0.620.70.70.950.70.73-0.38-0.330.71-0.59-0.62-0.620.6
-0.930.70.97-0.95-0.941.00.70.870.830.96-0.52-0.740.98-0.89-0.94-0.830.92
-0.740.950.84-0.81-0.780.870.950.870.830.89-0.45-0.490.88-0.73-0.78-0.760.75
-0.660.70.73-0.72-0.660.830.70.830.830.83-0.26-0.740.88-0.79-0.66-0.490.59
-0.890.730.94-0.93-0.90.960.730.960.890.83-0.44-0.620.93-0.8-0.85-0.780.83
0.65-0.38-0.520.610.6-0.52-0.38-0.52-0.45-0.26-0.440.32-0.450.40.640.71-0.56
0.73-0.33-0.640.720.73-0.74-0.33-0.74-0.49-0.74-0.620.32-0.780.90.750.41-0.7
-0.890.710.95-0.92-0.910.980.710.980.880.880.93-0.45-0.78-0.89-0.92-0.790.89
0.81-0.59-0.820.820.88-0.89-0.59-0.89-0.73-0.79-0.80.40.9-0.890.90.65-0.87
0.95-0.62-0.940.950.99-0.94-0.62-0.94-0.78-0.66-0.850.640.75-0.920.90.89-0.99
0.84-0.62-0.910.850.87-0.83-0.62-0.83-0.76-0.49-0.780.710.41-0.790.650.89-0.89
-0.920.60.94-0.92-0.970.920.60.920.750.590.83-0.56-0.70.89-0.87-0.99-0.89
Click cells to compare fundamentals

Industrivarden Account Relationship Matchups

Industrivarden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets108.4B93.2B117.0B129.1B148.5B119.5B
Short Long Term Debt Total7.2B2.1B2.3B4.5B4.1B3.7B
Total Current Liabilities2.0B3.4B1.9B1.9B1.7B2.9B
Total Stockholder Equity95.9B85.1B112.5B121.0B139.1B109.3B
Retained Earnings111.4B119.9B142.0B125.1B143.9B119.2B
Long Term Debt7.2B2.1B2.3B4.5B4.1B3.7B
Total Liab12.5B8.1B4.5B8.1B7.3B7.5B
Total Current Assets247M196M779M910M819M618.3M
Short Term Debt3.0B4.6B1.1B2.0B1.8B2.6B
Property Plant Equipment11M14M21M18M16.1M16.2M
Other Current Liab4M5M60M71M63.9M83.0M
Other Liab205M255M281M186M213.9M236.3M
Net Tangible Assets112.5B121.0B143.1B126.2B145.1B129.3B
Net Receivables182M168M55M97M87.3M123.0M

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When running Industrivarden's price analysis, check to measure Industrivarden'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 Industrivarden is operating at the current time. Most of Industrivarden's value examination focuses on studying past and present price action to predict the probability of Industrivarden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrivarden's price. Additionally, you may evaluate how the addition of Industrivarden to your portfolios can decrease your overall portfolio volatility.