Industrivarden Selling General Administrative vs Total Assets 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 Selling General Administrative and its Total Assets 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.

Selling General Administrative vs Total Assets

Selling General Administrative vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrivarden AB ser Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Industrivarden's Selling General Administrative and Total Assets is 0.9. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets 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 Selling General Administrative and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Industrivarden AB ser are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., Industrivarden's Selling General Administrative and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Total Assets

Total assets refers to the total amount of Industrivarden assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Industrivarden AB ser books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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