Aker Capital Surpluse vs Other Current Liab Analysis

0M5J Stock   230.45  2.05  0.90%   
Aker BP financial indicator trend analysis is way more than just evaluating Aker BP ASA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aker BP ASA is a good investment. Please check the relationship between Aker BP Capital Surpluse and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aker BP 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.

Capital Surpluse vs Other Current Liab

Capital Surpluse vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aker BP ASA Capital Surpluse account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aker BP's Capital Surpluse and Other Current Liab is 0.73. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Aker BP ASA, assuming nothing else is changed. The correlation between historical values of Aker BP's Capital Surpluse and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Aker BP ASA are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Capital Surpluse i.e., Aker BP's Capital Surpluse and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

Other Current Liab

Most indicators from Aker BP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aker BP 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 Aker BP 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 130 M in 2024
 2019 2020 2023 2024 (projected)
Interest Income99.6M113.0M130.0M67.9M
Tax Provision943.2M119.0M136.8M130.0M

Aker BP fundamental ratios Correlations

0.740.76-0.54-0.760.820.750.720.820.75-0.820.960.80.680.650.990.710.780.710.78-0.470.650.69-0.660.83-0.51
0.740.56-0.92-0.840.810.671.00.810.7-0.780.630.830.60.550.830.590.380.70.66-0.270.570.62-0.60.79-0.31
0.760.56-0.56-0.450.80.970.550.80.96-0.850.820.830.970.970.720.970.560.850.98-0.780.980.97-0.920.74-0.81
-0.54-0.92-0.560.75-0.79-0.68-0.92-0.79-0.720.8-0.46-0.7-0.65-0.59-0.64-0.62-0.19-0.61-0.670.43-0.63-0.670.61-0.720.47
-0.76-0.84-0.450.75-0.78-0.55-0.82-0.78-0.580.76-0.62-0.58-0.47-0.4-0.83-0.44-0.53-0.41-0.570.27-0.41-0.490.5-0.70.3
0.820.810.8-0.79-0.780.860.811.00.86-0.920.780.790.780.760.850.860.430.680.85-0.620.780.81-0.710.74-0.65
0.750.670.97-0.68-0.550.860.670.861.0-0.910.810.860.990.970.740.950.550.861.0-0.780.980.99-0.930.76-0.81
0.721.00.55-0.92-0.820.810.670.810.7-0.770.610.830.60.550.810.590.350.710.66-0.260.580.62-0.60.77-0.31
0.820.810.8-0.79-0.781.00.860.810.86-0.920.780.790.780.760.850.860.430.680.85-0.620.780.81-0.710.74-0.65
0.750.70.96-0.72-0.580.861.00.70.86-0.930.810.860.980.960.750.940.570.850.99-0.780.970.98-0.920.8-0.81
-0.82-0.78-0.850.80.76-0.92-0.91-0.77-0.92-0.93-0.84-0.76-0.87-0.82-0.83-0.85-0.62-0.7-0.920.79-0.85-0.890.78-0.860.82
0.960.630.82-0.46-0.620.780.810.610.780.81-0.840.790.750.720.910.750.840.750.83-0.630.730.76-0.690.8-0.66
0.80.830.83-0.7-0.580.790.860.830.790.86-0.760.790.830.820.830.810.50.960.85-0.410.820.83-0.840.75-0.46
0.680.60.97-0.65-0.470.780.990.60.780.98-0.870.750.830.990.660.930.520.870.99-0.790.991.0-0.960.71-0.82
0.650.550.97-0.59-0.40.760.970.550.760.96-0.820.720.820.990.630.940.460.880.97-0.770.990.99-0.960.66-0.8
0.990.830.72-0.64-0.830.850.740.810.850.75-0.830.910.830.660.630.70.710.720.76-0.40.630.68-0.650.85-0.45
0.710.590.97-0.62-0.440.860.950.590.860.94-0.850.750.810.930.940.70.40.820.94-0.760.960.95-0.860.71-0.8
0.780.380.56-0.19-0.530.430.550.350.430.57-0.620.840.50.520.460.710.40.450.6-0.460.470.5-0.490.7-0.48
0.710.70.85-0.61-0.410.680.860.710.680.85-0.70.750.960.870.880.720.820.450.86-0.480.860.86-0.890.67-0.52
0.780.660.98-0.67-0.570.851.00.660.850.99-0.920.830.850.990.970.760.940.60.86-0.790.970.99-0.940.79-0.82
-0.47-0.27-0.780.430.27-0.62-0.78-0.26-0.62-0.780.79-0.63-0.41-0.79-0.77-0.4-0.76-0.46-0.48-0.79-0.8-0.810.65-0.541.0
0.650.570.98-0.63-0.410.780.980.580.780.97-0.850.730.820.990.990.630.960.470.860.97-0.80.99-0.930.71-0.83
0.690.620.97-0.67-0.490.810.990.620.810.98-0.890.760.831.00.990.680.950.50.860.99-0.810.99-0.950.73-0.84
-0.66-0.6-0.920.610.5-0.71-0.93-0.6-0.71-0.920.78-0.69-0.84-0.96-0.96-0.65-0.86-0.49-0.89-0.940.65-0.93-0.95-0.650.67
0.830.790.74-0.72-0.70.740.760.770.740.8-0.860.80.750.710.660.850.710.70.670.79-0.540.710.73-0.65-0.58
-0.51-0.31-0.810.470.3-0.65-0.81-0.31-0.65-0.810.82-0.66-0.46-0.82-0.8-0.45-0.8-0.48-0.52-0.821.0-0.83-0.840.67-0.58
Click cells to compare fundamentals

Aker BP Account Relationship Matchups

Aker BP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.0B10.7B12.2B12.4B14.3B12.5B
Short Long Term Debt Total1.9B2.0B3.3B4.1B4.7B3.0B
Total Current Liabilities1.7B1.0B2.5B6.2B7.2B7.5B
Total Stockholder Equity3.0B3.0B2.4B2.0B1.8B2.0B
Retained Earnings(1.2B)(1.8B)(2.2B)(1.8B)(1.6B)(1.7B)
Cash231.5M44.9M107.1M537.8M618.5M649.4M
Other Assets37.6M69.3M102.2M276.9M318.5M334.4M
Long Term Debt1.9B2.0B3.1B4.0B4.6B3.0B
Cash And Short Term Investments231.5M44.9M107.1M537.8M618.5M649.4M
Net Receivables458.1M525.1M821.5M1.5B1.7B1.8B
Inventory87.5M112.7M126.4M209.5M240.9M121.7M
Other Stockholder Equity(115.6M)(115.6M)(115.6M)179.8M206.7M217.1M
Total Liab9.0B7.7B9.9B10.4B12.0B9.6B
Total Current Assets718.6M1.3B3.0B4.8B5.5B5.7B
Intangible Assets2.0B2.4B2.5B2.0B2.3B2.4B
Property Plant Equipment7.2B7.4B8.1B16.0B18.4B19.3B
Other Current Liab972.6M599.5M2.0B5.8B6.6B7.0B
Other Liab4.9B5.3B6.0B13.5B15.5B16.3B
Net Tangible Assets(1.9B)(1.7B)(969.6M)(4.1B)(3.7B)(3.5B)
Accounts Payable144.9M113.5M147.4M133.9M154.0M142.0M

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