Tomra Retained Earnings vs Common Stock Analysis

0KV7 Stock

156.07 6.75 4.15%

Tomra Systems financial indicator trend analysis is much more than just breaking down Tomra Systems ASA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tomra Systems ASA is a good investment. Please check the relationship between Tomra Systems Retained Earnings and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tomra Systems ASA. 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 Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tomra Systems ASA Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tomra Systems' Retained Earnings and Common Stock is -0.47. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Tomra Systems ASA, assuming nothing else is changed. The correlation between historical values of Tomra Systems' Retained Earnings 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 Retained Earnings of Tomra Systems ASA 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 Retained Earnings i.e., Tomra Systems' Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Common Stock

Most indicators from Tomra Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tomra Systems ASA 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 Tomra Systems ASA. 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 282.5 M in 2024. Selling General Administrative is likely to drop to about 2.8 B in 2024

	2019	2020	2023	2024 (projected)
Interest Income	33.1M	216.4M	248.9M	261.3M
Tax Provision	272.1M	272.2M	313.0M	282.5M

Interest Income Tax Provision

Tomra Systems 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	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Deferred Long Term Liab
Total Assets		0.94	0.93	0.98	0.95	0.78	0.97	0.91	0.78	0.93	0.99	-0.41	0.89	0.28	0.84	1.0	0.89	0.53	0.92	-0.41	0.97	-0.82	0.86	0.79	0.13	0.65
Short Long Term Debt Total	0.94		0.79	0.88	0.86	0.77	0.87	0.97	0.77	0.82	0.88	-0.29	0.81	0.45	0.75	0.96	0.81	0.3	0.77	-0.29	0.96	-0.78	0.81	0.72	-0.05	0.56
Total Current Liabilities	0.93	0.79		0.96	0.98	0.72	0.96	0.73	0.72	0.97	0.94	-0.43	0.94	0.0	0.88	0.9	0.94	0.64	0.88	-0.43	0.89	-0.75	0.9	0.89	0.41	0.78
Total Stockholder Equity	0.98	0.88	0.96		0.97	0.79	0.97	0.84	0.79	0.95	0.99	-0.49	0.92	0.13	0.89	0.96	0.92	0.55	0.91	-0.49	0.95	-0.83	0.89	0.85	0.28	0.72
Retained Earnings	0.95	0.86	0.98	0.97		0.79	0.95	0.79	0.79	0.98	0.94	-0.47	0.97	0.02	0.91	0.92	0.97	0.5	0.83	-0.47	0.94	-0.82	0.96	0.94	0.41	0.81
Cash	0.78	0.77	0.72	0.79	0.79		0.68	0.8	1.0	0.73	0.8	-0.41	0.73	-0.02	0.79	0.76	0.77	0.19	0.69	-0.41	0.76	-0.72	0.76	0.74	0.31	0.63
Other Assets	0.97	0.87	0.96	0.97	0.95	0.68		0.82	0.68	0.97	0.96	-0.39	0.94	0.18	0.89	0.96	0.93	0.59	0.9	-0.39	0.96	-0.73	0.88	0.82	0.22	0.74
Long Term Debt	0.91	0.97	0.73	0.84	0.79	0.8	0.82		0.8	0.76	0.87	-0.34	0.75	0.48	0.71	0.93	0.74	0.23	0.81	-0.34	0.9	-0.7	0.73	0.63	-0.1	0.49
Cash And Short Term Investments	0.78	0.77	0.72	0.79	0.79	1.0	0.68	0.8		0.73	0.8	-0.41	0.73	-0.02	0.79	0.76	0.77	0.19	0.69	-0.41	0.76	-0.72	0.76	0.74	0.31	0.63
Net Receivables	0.93	0.82	0.97	0.95	0.98	0.73	0.97	0.76	0.73		0.92	-0.43	0.99	-0.02	0.95	0.9	0.99	0.52	0.82	-0.43	0.94	-0.74	0.95	0.93	0.42	0.87
Good Will	0.99	0.88	0.94	0.99	0.94	0.8	0.96	0.87	0.8	0.92		-0.44	0.87	0.2	0.86	0.98	0.88	0.58	0.96	-0.44	0.93	-0.79	0.83	0.78	0.19	0.65
Capital Surpluse	-0.41	-0.29	-0.43	-0.49	-0.47	-0.41	-0.39	-0.34	-0.41	-0.43	-0.44		-0.44	0.31	-0.46	-0.36	-0.45	0.08	-0.47	1.0	-0.39	0.53	-0.54	-0.5	-0.44	-0.47
Inventory	0.89	0.81	0.94	0.92	0.97	0.73	0.94	0.75	0.73	0.99	0.87	-0.44		-0.06	0.95	0.86	1.0	0.41	0.76	-0.44	0.92	-0.7	0.98	0.96	0.48	0.92
Other Current Assets	0.28	0.45	0.0	0.13	0.02	-0.02	0.18	0.48	-0.02	-0.02	0.2	0.31	-0.06		-0.18	0.35	-0.09	0.06	0.24	0.31	0.26	-0.08	-0.11	-0.24	-0.81	-0.39
Other Stockholder Equity	0.84	0.75	0.88	0.89	0.91	0.79	0.89	0.71	0.79	0.95	0.86	-0.46	0.95	-0.18		0.81	0.97	0.38	0.76	-0.46	0.87	-0.65	0.92	0.9	0.51	0.92
Total Liab	1.0	0.96	0.9	0.96	0.92	0.76	0.96	0.93	0.76	0.9	0.98	-0.36	0.86	0.35	0.81		0.86	0.52	0.91	-0.36	0.97	-0.8	0.83	0.75	0.05	0.6
Total Current Assets	0.89	0.81	0.94	0.92	0.97	0.77	0.93	0.74	0.77	0.99	0.88	-0.45	1.0	-0.09	0.97	0.86		0.42	0.77	-0.45	0.92	-0.72	0.98	0.96	0.5	0.92
Treasury Stock	0.53	0.3	0.64	0.55	0.5	0.19	0.59	0.23	0.19	0.52	0.58	0.08	0.41	0.06	0.38	0.52	0.42		0.62	0.08	0.42	-0.38	0.29	0.31	0.05	0.2
Intangible Assets	0.92	0.77	0.88	0.91	0.83	0.69	0.9	0.81	0.69	0.82	0.96	-0.47	0.76	0.24	0.76	0.91	0.77	0.62		-0.47	0.82	-0.64	0.69	0.62	0.12	0.52
Common Stock	-0.41	-0.29	-0.43	-0.49	-0.47	-0.41	-0.39	-0.34	-0.41	-0.43	-0.44	1.0	-0.44	0.31	-0.46	-0.36	-0.45	0.08	-0.47		-0.39	0.53	-0.54	-0.5	-0.44	-0.47
Property Plant Equipment	0.97	0.96	0.89	0.95	0.94	0.76	0.96	0.9	0.76	0.94	0.93	-0.39	0.92	0.26	0.87	0.97	0.92	0.42	0.82	-0.39		-0.83	0.9	0.84	0.14	0.71
Other Current Liab	-0.82	-0.78	-0.75	-0.83	-0.82	-0.72	-0.73	-0.7	-0.72	-0.74	-0.79	0.53	-0.7	-0.08	-0.65	-0.8	-0.72	-0.38	-0.64	0.53	-0.83		-0.78	-0.74	-0.15	-0.51
Other Liab	0.86	0.81	0.9	0.89	0.96	0.76	0.88	0.73	0.76	0.95	0.83	-0.54	0.98	-0.11	0.92	0.83	0.98	0.29	0.69	-0.54	0.9	-0.78		0.98	0.52	0.91
Net Tangible Assets	0.79	0.72	0.89	0.85	0.94	0.74	0.82	0.63	0.74	0.93	0.78	-0.5	0.96	-0.24	0.9	0.75	0.96	0.31	0.62	-0.5	0.84	-0.74	0.98		0.63	0.93
Accounts Payable	0.13	-0.05	0.41	0.28	0.41	0.31	0.22	-0.1	0.31	0.42	0.19	-0.44	0.48	-0.81	0.51	0.05	0.5	0.05	0.12	-0.44	0.14	-0.15	0.52	0.63		0.72
Deferred Long Term Liab	0.65	0.56	0.78	0.72	0.81	0.63	0.74	0.49	0.63	0.87	0.65	-0.47	0.92	-0.39	0.92	0.6	0.92	0.2	0.52	-0.47	0.71	-0.51	0.91	0.93	0.72

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Tomra Systems Account Relationship Matchups

Tomra Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.4B	9.6B	10.9B	11.0B	12.6B	10.3B
Short Long Term Debt Total	1.3B	874M	2.7B	2.3B	2.6B	1.7B
Total Current Liabilities	2.4B	2.6B	3.5B	3.5B	4.1B	3.0B
Total Stockholder Equity	4.6B	5.1B	5.1B	5.4B	6.2B	5.4B
Retained Earnings	3.4B	3.7B	4.3B	4.3B	5.0B	3.9B
Cash	583.1M	380.2M	447.8M	523.8M	602.4M	511.0M
Other Assets	809.3M	723.3M	773.4M	1.0B	1.2B	722.9M
Long Term Debt	1.3B	874M	1.8B	1.4B	1.6B	1.4B
Cash And Short Term Investments	583.1M	380.2M	447.8M	523.8M	602.4M	511.0M
Net Receivables	2.2B	2.3B	2.7B	3.6B	4.1B	2.5B
Good Will	2.6B	2.9B	2.9B	3.0B	3.5B	3.0B
Inventory	1.6B	1.5B	1.9B	2.4B	2.7B	1.7B
Other Current Assets	71.9M	34.3M	30.1M	1.9M	2.2M	2.1M
Other Stockholder Equity	609.3M	683.7M	615.2M	976M	1.1B	727.4M
Total Liab	3.8B	4.5B	5.8B	5.5B	6.4B	5.0B
Total Current Assets	4.3B	4.4B	5.3B	6.7B	7.7B	5.0B
Intangible Assets	525.1M	620M	584M	551.2M	633.9M	595.0M
Property Plant Equipment	2.3B	2.4B	2.2B	2.7B	3.1B	2.0B
Other Current Liab	1.6B	997.3M	1.2B	1.4B	1.2B	1.1B
Other Liab	487M	505.1M	587.6M	654M	752.1M	583.6M
Net Tangible Assets	1.8B	2.0B	2.7B	2.9B	3.4B	2.4B
Accounts Payable	502.4M	552.8M	644.2M	656.8M	755.3M	656.7M
Deferred Long Term Liab	176.4M	176.3M	215.1M	318.8M	366.6M	235.8M

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

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Tomra Retained Earnings vs Common Stock Analysis

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

Correlation Coefficient

Retained Earnings

Common Stock

Tomra Systems fundamental ratios Correlations

Tomra Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tomra Systems fundamental ratios Accounts

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Additional Tools for Tomra Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Capital Surpluse
Total Current Assets	+ 1.0	Inventory
Good Will	+ 0.99	Total Assets
Good Will	+ 0.99	Total Stockholder Equity

Other Current Liab	- 0.83	Property Plant Equipment
Other Current Liab	- 0.83	Total Stockholder Equity
Other Current Liab	- 0.82	Retained Earnings
Other Current Liab	- 0.82	Total Assets
Accounts Payable	- 0.81	Other Current Assets
Other Current Liab	- 0.8	Total Liab