Fortum Total Liab vs Short Long Term Debt Total Analysis

0HAH Stock

14.32 0.31 2.21%

Fortum Oyj financial indicator trend analysis is much more than just examining Fortum Oyj latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortum Oyj is a good investment. Please check the relationship between Fortum Oyj Total Liab and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortum Oyj. 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.

Total Liab vs Short Long Term Debt Total

Total Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortum Oyj Total Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Fortum Oyj's Total Liab and Short Long Term Debt Total is 0.89. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Fortum Oyj, assuming nothing else is changed. The correlation between historical values of Fortum Oyj's Total Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Fortum Oyj are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Liab i.e., Fortum Oyj's Total Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Long Term Debt Total

Most indicators from Fortum Oyj's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortum Oyj 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 Fortum Oyj. 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 234.3 M in 2024. Selling General Administrative is likely to drop to about 811.6 M in 2024

	2019	2020	2023	2024 (projected)
Interest Income	613M	626M	719.9M	755.9M
Tax Provision	221M	344M	395.6M	234.3M

Interest Income Tax Provision

Fortum Oyj fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.88	0.54	-0.66	-0.61	0.65	0.62	0.88	-0.58	0.66	0.87	-0.64	-0.65	0.67	0.39	-0.91	1.0	0.51	0.99	0.98	-0.65	0.37	0.42	0.42	-0.79	0.49
Short Long Term Debt Total	0.88		0.54	-0.4	-0.48	0.72	0.63	1.0	-0.65	0.67	0.97	-0.68	-0.29	0.67	0.46	-0.83	0.89	0.5	0.9	0.89	-0.29	0.3	0.48	0.5	-0.69	0.57
Total Current Liabilities	0.54	0.54		-0.16	0.1	0.38	0.97	0.53	-0.33	0.98	0.54	-0.38	-0.09	0.86	0.98	-0.44	0.56	1.0	0.55	0.55	-0.09	0.72	0.99	0.94	-0.17	0.92
Total Stockholder Equity	-0.66	-0.4	-0.16		0.66	-0.43	-0.22	-0.42	0.67	-0.22	-0.46	0.65	0.88	-0.2	-0.01	0.74	-0.65	-0.12	-0.66	-0.69	0.88	-0.08	-0.03	0.04	0.59	0.0
Retained Earnings	-0.61	-0.48	0.1	0.66		-0.36	0.12	-0.49	0.33	0.04	-0.48	0.35	0.7	0.16	0.24	0.72	-0.6	0.14	-0.59	-0.59	0.7	0.47	0.19	0.35	0.93	0.31
Cash	0.65	0.72	0.38	-0.43	-0.36		0.46	0.72	-0.7	0.48	0.82	-0.86	-0.3	0.47	0.31	-0.68	0.66	0.34	0.71	0.75	-0.3	0.25	0.32	0.33	-0.44	0.38
Other Assets	0.62	0.63	0.97	-0.22	0.12	0.46		0.62	-0.44	0.99	0.63	-0.49	-0.12	0.94	0.94	-0.5	0.64	0.96	0.64	0.64	-0.12	0.81	0.94	0.96	-0.17	0.96
Long Term Debt	0.88	1.0	0.53	-0.42	-0.49	0.72	0.62		-0.67	0.65	0.96	-0.69	-0.31	0.65	0.45	-0.84	0.89	0.49	0.91	0.9	-0.31	0.28	0.46	0.48	-0.69	0.55
Cash And Short Term Investments	-0.58	-0.65	-0.33	0.67	0.33	-0.7	-0.44	-0.67		-0.42	-0.72	0.95	0.32	-0.4	-0.26	0.77	-0.59	-0.27	-0.65	-0.69	0.32	-0.19	-0.26	-0.26	0.36	-0.31
Net Receivables	0.66	0.67	0.98	-0.22	0.04	0.48	0.99	0.65	-0.42		0.67	-0.48	-0.14	0.93	0.95	-0.53	0.67	0.97	0.67	0.67	-0.14	0.76	0.95	0.95	-0.25	0.94
Good Will	0.87	0.97	0.54	-0.46	-0.48	0.82	0.63	0.96	-0.72	0.67		-0.8	-0.3	0.66	0.46	-0.86	0.88	0.49	0.9	0.92	-0.3	0.32	0.48	0.5	-0.68	0.56
Short Term Investments	-0.64	-0.68	-0.38	0.65	0.35	-0.86	-0.49	-0.69	0.95	-0.48	-0.8		0.34	-0.46	-0.31	0.79	-0.66	-0.32	-0.71	-0.76	0.34	-0.25	-0.31	-0.31	0.41	-0.36
Capital Surpluse	-0.65	-0.29	-0.09	0.88	0.7	-0.3	-0.12	-0.31	0.32	-0.14	-0.3	0.34		-0.12	0.08	0.59	-0.62	-0.08	-0.61	-0.61	1.0	-0.04	0.05	0.13	0.62	0.1
Inventory	0.67	0.67	0.86	-0.2	0.16	0.47	0.94	0.65	-0.4	0.93	0.66	-0.46	-0.12		0.81	-0.47	0.68	0.85	0.68	0.68	-0.12	0.9	0.81	0.91	-0.15	0.96
Other Current Assets	0.39	0.46	0.98	-0.01	0.24	0.31	0.94	0.45	-0.26	0.95	0.46	-0.31	0.08	0.81		-0.3	0.41	0.98	0.41	0.41	0.08	0.7	1.0	0.96	-0.04	0.92
Other Stockholder Equity	-0.91	-0.83	-0.44	0.74	0.72	-0.68	-0.5	-0.84	0.77	-0.53	-0.86	0.79	0.59	-0.47	-0.3		-0.92	-0.38	-0.93	-0.94	0.59	-0.12	-0.33	-0.26	0.83	-0.32
Total Liab	1.0	0.89	0.56	-0.65	-0.6	0.66	0.64	0.89	-0.59	0.67	0.88	-0.66	-0.62	0.68	0.41	-0.92		0.52	1.0	0.99	-0.62	0.38	0.44	0.44	-0.79	0.51
Total Current Assets	0.51	0.5	1.0	-0.12	0.14	0.34	0.96	0.49	-0.27	0.97	0.49	-0.32	-0.08	0.85	0.98	-0.38	0.52		0.52	0.51	-0.08	0.74	0.99	0.95	-0.13	0.92
Short Term Debt	0.99	0.9	0.55	-0.66	-0.59	0.71	0.64	0.91	-0.65	0.67	0.9	-0.71	-0.61	0.68	0.41	-0.93	1.0	0.52		1.0	-0.61	0.38	0.44	0.44	-0.76	0.51
Intangible Assets	0.98	0.89	0.55	-0.69	-0.59	0.75	0.64	0.9	-0.69	0.67	0.92	-0.76	-0.61	0.68	0.41	-0.94	0.99	0.51	1.0		-0.61	0.38	0.44	0.43	-0.76	0.51
Common Stock	-0.65	-0.29	-0.09	0.88	0.7	-0.3	-0.12	-0.31	0.32	-0.14	-0.3	0.34	1.0	-0.12	0.08	0.59	-0.62	-0.08	-0.61	-0.61		-0.04	0.05	0.13	0.62	0.1
Property Plant Equipment	0.37	0.3	0.72	-0.08	0.47	0.25	0.81	0.28	-0.19	0.76	0.32	-0.25	-0.04	0.9	0.7	-0.12	0.38	0.74	0.38	0.38	-0.04		0.69	0.84	0.23	0.87
Other Current Liab	0.42	0.48	0.99	-0.03	0.19	0.32	0.94	0.46	-0.26	0.95	0.48	-0.31	0.05	0.81	1.0	-0.33	0.44	0.99	0.44	0.44	0.05	0.69		0.95	-0.08	0.91
Other Liab	0.42	0.5	0.94	0.04	0.35	0.33	0.96	0.48	-0.26	0.95	0.5	-0.31	0.13	0.91	0.96	-0.26	0.44	0.95	0.44	0.43	0.13	0.84	0.95		0.04	0.99
Net Tangible Assets	-0.79	-0.69	-0.17	0.59	0.93	-0.44	-0.17	-0.69	0.36	-0.25	-0.68	0.41	0.62	-0.15	-0.04	0.83	-0.79	-0.13	-0.76	-0.76	0.62	0.23	-0.08	0.04		-0.01
Accounts Payable	0.49	0.57	0.92	0.0	0.31	0.38	0.96	0.55	-0.31	0.94	0.56	-0.36	0.1	0.96	0.92	-0.32	0.51	0.92	0.51	0.51	0.1	0.87	0.91	0.99	-0.01

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Fortum Oyj Account Relationship Matchups

Fortum Oyj fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.8B	22.4B	23.4B	57.8B	66.5B	69.8B
Short Long Term Debt Total	4.1B	5.0B	6.1B	8.8B	10.1B	6.3B
Total Current Liabilities	1.8B	20.7B	100.2B	10.1B	11.6B	22.0B
Total Stockholder Equity	13.0B	11.8B	13.0B	13.0B	11.7B	10.3B
Retained Earnings	12.4B	13.1B	12.8B	9.5B	8.5B	9.6B
Cash	1.3B	354M	1.2B	1.1B	1.2B	911.9M
Other Assets	2.1B	11.5B	26.7B	3.5B	4.0B	7.4B
Long Term Debt	4.1B	5.0B	6.0B	7.9B	9.1B	6.1B
Cash And Short Term Investments	3.9B	584M	1.4B	2.3B	2.1B	2.1B
Net Receivables	1.1B	9.1B	24.1B	4.4B	5.1B	6.5B
Good Will	613M	588M	612M	1.1B	1.2B	711.7M
Short Term Investments	715M	27M	77M	410M	369M	350.6M
Inventory	230M	1.9B	2.3B	465M	534.8M	878.1M
Other Current Assets	993M	9.4B	65.9B	1.9B	2.2B	2.1B
Other Stockholder Equity	(2.6B)	(3.3B)	(3.8B)	(4.9B)	(4.5B)	(4.7B)
Total Liab	8.7B	10.6B	10.4B	44.9B	51.6B	54.2B
Total Current Assets	3.8B	22.9B	100.1B	10.8B	12.5B	24.2B
Short Term Debt	206M	283M	478M	1.5B	1.7B	1.8B
Intangible Assets	451M	499M	531M	1.7B	2.0B	2.1B
Property Plant Equipment	9.7B	17.8B	17.9B	6.8B	7.8B	12.9B
Other Current Liab	605M	11.0B	79.0B	4.9B	5.6B	5.3B
Other Liab	2.1B	12.7B	27.0B	2.0B	2.3B	2.2B
Net Tangible Assets	11.8B	10.7B	10.0B	7.0B	6.3B	8.0B
Accounts Payable	316M	7.1B	12.2B	720M	828M	786.6M

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Fortum Total Liab vs Short Long Term Debt Total Analysis

Total Liab vs Short Long Term Debt Total

Total Liab vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Total Liab

Short Long Term Debt Total

Fortum Oyj fundamental ratios Correlations

Fortum Oyj Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortum Oyj fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Capital Surpluse
Other Current Liab	+ 1.0	Other Current Assets
Short Term Debt	+ 1.0	Total Liab

Intangible Assets	- 0.94	Other Stockholder Equity
Short Term Debt	- 0.93	Other Stockholder Equity
Total Liab	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Total Assets
Other Stockholder Equity	- 0.86	Good Will
Short Term Investments	- 0.86	Cash