Industrivarden Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrivarden AB ser Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Industrivarden's Retained Earnings and Cash And Short Term Investments is -0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Industrivarden AB ser are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Industrivarden's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Industrivarden AB ser balance sheet. This account contains Industrivarden investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Industrivarden AB ser fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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
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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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