Tomra Total Liab vs Other Stockholder Equity Analysis

0KV7 Stock   159.35  2.56  1.63%   
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 Total Liab and its Other Stockholder Equity 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.

Total Liab vs Other Stockholder Equity

Total Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tomra Systems ASA Total Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tomra Systems' Total Liab and Other Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity 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' Total Liab and Other Stockholder Equity 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 Tomra Systems ASA are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Tomra Systems' Total Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

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

Other Stockholder Equity

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 Income33.1M216.4M248.9M261.3M
Tax Provision272.1M272.2M313.0M282.5M

Tomra Systems fundamental ratios Correlations

0.940.930.980.950.780.970.910.780.930.99-0.410.890.280.841.00.890.530.92-0.410.97-0.820.860.790.130.65
0.940.790.880.860.770.870.970.770.820.88-0.290.810.450.750.960.810.30.77-0.290.96-0.780.810.72-0.050.56
0.930.790.960.980.720.960.730.720.970.94-0.430.940.00.880.90.940.640.88-0.430.89-0.750.90.890.410.78
0.980.880.960.970.790.970.840.790.950.99-0.490.920.130.890.960.920.550.91-0.490.95-0.830.890.850.280.72
0.950.860.980.970.790.950.790.790.980.94-0.470.970.020.910.920.970.50.83-0.470.94-0.820.960.940.410.81
0.780.770.720.790.790.680.81.00.730.8-0.410.73-0.020.790.760.770.190.69-0.410.76-0.720.760.740.310.63
0.970.870.960.970.950.680.820.680.970.96-0.390.940.180.890.960.930.590.9-0.390.96-0.730.880.820.220.74
0.910.970.730.840.790.80.820.80.760.87-0.340.750.480.710.930.740.230.81-0.340.9-0.70.730.63-0.10.49
0.780.770.720.790.791.00.680.80.730.8-0.410.73-0.020.790.760.770.190.69-0.410.76-0.720.760.740.310.63
0.930.820.970.950.980.730.970.760.730.92-0.430.99-0.020.950.90.990.520.82-0.430.94-0.740.950.930.420.87
0.990.880.940.990.940.80.960.870.80.92-0.440.870.20.860.980.880.580.96-0.440.93-0.790.830.780.190.65
-0.41-0.29-0.43-0.49-0.47-0.41-0.39-0.34-0.41-0.43-0.44-0.440.31-0.46-0.36-0.450.08-0.471.0-0.390.53-0.54-0.5-0.44-0.47
0.890.810.940.920.970.730.940.750.730.990.87-0.44-0.060.950.861.00.410.76-0.440.92-0.70.980.960.480.92
0.280.450.00.130.02-0.020.180.48-0.02-0.020.20.31-0.06-0.180.35-0.090.060.240.310.26-0.08-0.11-0.24-0.81-0.39
0.840.750.880.890.910.790.890.710.790.950.86-0.460.95-0.180.810.970.380.76-0.460.87-0.650.920.90.510.92
1.00.960.90.960.920.760.960.930.760.90.98-0.360.860.350.810.860.520.91-0.360.97-0.80.830.750.050.6
0.890.810.940.920.970.770.930.740.770.990.88-0.451.0-0.090.970.860.420.77-0.450.92-0.720.980.960.50.92
0.530.30.640.550.50.190.590.230.190.520.580.080.410.060.380.520.420.620.080.42-0.380.290.310.050.2
0.920.770.880.910.830.690.90.810.690.820.96-0.470.760.240.760.910.770.62-0.470.82-0.640.690.620.120.52
-0.41-0.29-0.43-0.49-0.47-0.41-0.39-0.34-0.41-0.43-0.441.0-0.440.31-0.46-0.36-0.450.08-0.47-0.390.53-0.54-0.5-0.44-0.47
0.970.960.890.950.940.760.960.90.760.940.93-0.390.920.260.870.970.920.420.82-0.39-0.830.90.840.140.71
-0.82-0.78-0.75-0.83-0.82-0.72-0.73-0.7-0.72-0.74-0.790.53-0.7-0.08-0.65-0.8-0.72-0.38-0.640.53-0.83-0.78-0.74-0.15-0.51
0.860.810.90.890.960.760.880.730.760.950.83-0.540.98-0.110.920.830.980.290.69-0.540.9-0.780.980.520.91
0.790.720.890.850.940.740.820.630.740.930.78-0.50.96-0.240.90.750.960.310.62-0.50.84-0.740.980.630.93
0.13-0.050.410.280.410.310.22-0.10.310.420.19-0.440.48-0.810.510.050.50.050.12-0.440.14-0.150.520.630.72
0.650.560.780.720.810.630.740.490.630.870.65-0.470.92-0.390.920.60.920.20.52-0.470.71-0.510.910.930.72
Click cells to compare fundamentals

Tomra Systems Account Relationship Matchups

Tomra Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B9.6B10.9B11.0B12.6B10.3B
Short Long Term Debt Total1.3B874M2.7B2.3B2.6B1.7B
Total Current Liabilities2.4B2.6B3.5B3.5B4.1B3.0B
Total Stockholder Equity4.6B5.1B5.1B5.4B6.2B5.4B
Retained Earnings3.4B3.7B4.3B4.3B5.0B3.9B
Cash583.1M380.2M447.8M523.8M602.4M511.0M
Other Assets809.3M723.3M773.4M1.0B1.2B722.9M
Long Term Debt1.3B874M1.8B1.4B1.6B1.4B
Cash And Short Term Investments583.1M380.2M447.8M523.8M602.4M511.0M
Net Receivables2.2B2.3B2.7B3.6B4.1B2.5B
Good Will2.6B2.9B2.9B3.0B3.5B3.0B
Inventory1.6B1.5B1.9B2.4B2.7B1.7B
Other Current Assets71.9M34.3M30.1M1.9M2.2M2.1M
Other Stockholder Equity609.3M683.7M615.2M976M1.1B727.4M
Total Liab3.8B4.5B5.8B5.5B6.4B5.0B
Total Current Assets4.3B4.4B5.3B6.7B7.7B5.0B
Intangible Assets525.1M620M584M551.2M633.9M595.0M
Property Plant Equipment2.3B2.4B2.2B2.7B3.1B2.0B
Other Current Liab1.6B997.3M1.2B1.4B1.2B1.1B
Other Liab487M505.1M587.6M654M752.1M583.6M
Net Tangible Assets1.8B2.0B2.7B2.9B3.4B2.4B
Accounts Payable502.4M552.8M644.2M656.8M755.3M656.7M
Deferred Long Term Liab176.4M176.3M215.1M318.8M366.6M235.8M

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