Aker Retained Earnings vs Inventory 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 Retained Earnings and its Inventory 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aker BP ASA Retained Earnings account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Aker BP's Retained Earnings and Inventory is -0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory 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 Retained Earnings and Inventory 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 Aker BP ASA are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Aker BP's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

-0.58

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.

Inventory

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 Income	99.6M	113.0M	130.0M	67.9M
Tax Provision	943.2M	119.0M	136.8M	130.0M

Interest Income Tax Provision

Aker BP 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	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Debt	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Deferred Long Term Liab
Total Assets		0.74	0.76	-0.54	-0.76	0.82	0.75	0.72	0.82	0.75	-0.82	0.96	0.8	0.68	0.65	0.99	0.71	0.78	0.71	0.78	-0.47	0.65	0.69	-0.66	0.83	-0.51
Short Long Term Debt Total	0.74		0.56	-0.92	-0.84	0.81	0.67	1.0	0.81	0.7	-0.78	0.63	0.83	0.6	0.55	0.83	0.59	0.38	0.7	0.66	-0.27	0.57	0.62	-0.6	0.79	-0.31
Total Current Liabilities	0.76	0.56		-0.56	-0.45	0.8	0.97	0.55	0.8	0.96	-0.85	0.82	0.83	0.97	0.97	0.72	0.97	0.56	0.85	0.98	-0.78	0.98	0.97	-0.92	0.74	-0.81
Total Stockholder Equity	-0.54	-0.92	-0.56		0.75	-0.79	-0.68	-0.92	-0.79	-0.72	0.8	-0.46	-0.7	-0.65	-0.59	-0.64	-0.62	-0.19	-0.61	-0.67	0.43	-0.63	-0.67	0.61	-0.72	0.47
Retained Earnings	-0.76	-0.84	-0.45	0.75		-0.78	-0.55	-0.82	-0.78	-0.58	0.76	-0.62	-0.58	-0.47	-0.4	-0.83	-0.44	-0.53	-0.41	-0.57	0.27	-0.41	-0.49	0.5	-0.7	0.3
Cash	0.82	0.81	0.8	-0.79	-0.78		0.86	0.81	1.0	0.86	-0.92	0.78	0.79	0.78	0.76	0.85	0.86	0.43	0.68	0.85	-0.62	0.78	0.81	-0.71	0.74	-0.65
Other Assets	0.75	0.67	0.97	-0.68	-0.55	0.86		0.67	0.86	1.0	-0.91	0.81	0.86	0.99	0.97	0.74	0.95	0.55	0.86	1.0	-0.78	0.98	0.99	-0.93	0.76	-0.81
Long Term Debt	0.72	1.0	0.55	-0.92	-0.82	0.81	0.67		0.81	0.7	-0.77	0.61	0.83	0.6	0.55	0.81	0.59	0.35	0.71	0.66	-0.26	0.58	0.62	-0.6	0.77	-0.31
Cash And Short Term Investments	0.82	0.81	0.8	-0.79	-0.78	1.0	0.86	0.81		0.86	-0.92	0.78	0.79	0.78	0.76	0.85	0.86	0.43	0.68	0.85	-0.62	0.78	0.81	-0.71	0.74	-0.65
Net Receivables	0.75	0.7	0.96	-0.72	-0.58	0.86	1.0	0.7	0.86		-0.93	0.81	0.86	0.98	0.96	0.75	0.94	0.57	0.85	0.99	-0.78	0.97	0.98	-0.92	0.8	-0.81
Good Will	-0.82	-0.78	-0.85	0.8	0.76	-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	-0.92	0.79	-0.85	-0.89	0.78	-0.86	0.82
Capital Surpluse	0.96	0.63	0.82	-0.46	-0.62	0.78	0.81	0.61	0.78	0.81	-0.84		0.79	0.75	0.72	0.91	0.75	0.84	0.75	0.83	-0.63	0.73	0.76	-0.69	0.8	-0.66
Inventory	0.8	0.83	0.83	-0.7	-0.58	0.79	0.86	0.83	0.79	0.86	-0.76	0.79		0.83	0.82	0.83	0.81	0.5	0.96	0.85	-0.41	0.82	0.83	-0.84	0.75	-0.46
Other Current Assets	0.68	0.6	0.97	-0.65	-0.47	0.78	0.99	0.6	0.78	0.98	-0.87	0.75	0.83		0.99	0.66	0.93	0.52	0.87	0.99	-0.79	0.99	1.0	-0.96	0.71	-0.82
Other Stockholder Equity	0.65	0.55	0.97	-0.59	-0.4	0.76	0.97	0.55	0.76	0.96	-0.82	0.72	0.82	0.99		0.63	0.94	0.46	0.88	0.97	-0.77	0.99	0.99	-0.96	0.66	-0.8
Total Liab	0.99	0.83	0.72	-0.64	-0.83	0.85	0.74	0.81	0.85	0.75	-0.83	0.91	0.83	0.66	0.63		0.7	0.71	0.72	0.76	-0.4	0.63	0.68	-0.65	0.85	-0.45
Total Current Assets	0.71	0.59	0.97	-0.62	-0.44	0.86	0.95	0.59	0.86	0.94	-0.85	0.75	0.81	0.93	0.94	0.7		0.4	0.82	0.94	-0.76	0.96	0.95	-0.86	0.71	-0.8
Intangible Assets	0.78	0.38	0.56	-0.19	-0.53	0.43	0.55	0.35	0.43	0.57	-0.62	0.84	0.5	0.52	0.46	0.71	0.4		0.45	0.6	-0.46	0.47	0.5	-0.49	0.7	-0.48
Common Stock	0.71	0.7	0.85	-0.61	-0.41	0.68	0.86	0.71	0.68	0.85	-0.7	0.75	0.96	0.87	0.88	0.72	0.82	0.45		0.86	-0.48	0.86	0.86	-0.89	0.67	-0.52
Property Plant Equipment	0.78	0.66	0.98	-0.67	-0.57	0.85	1.0	0.66	0.85	0.99	-0.92	0.83	0.85	0.99	0.97	0.76	0.94	0.6	0.86		-0.79	0.97	0.99	-0.94	0.79	-0.82
Short Term Debt	-0.47	-0.27	-0.78	0.43	0.27	-0.62	-0.78	-0.26	-0.62	-0.78	0.79	-0.63	-0.41	-0.79	-0.77	-0.4	-0.76	-0.46	-0.48	-0.79		-0.8	-0.81	0.65	-0.54	1.0
Other Current Liab	0.65	0.57	0.98	-0.63	-0.41	0.78	0.98	0.58	0.78	0.97	-0.85	0.73	0.82	0.99	0.99	0.63	0.96	0.47	0.86	0.97	-0.8		0.99	-0.93	0.71	-0.83
Other Liab	0.69	0.62	0.97	-0.67	-0.49	0.81	0.99	0.62	0.81	0.98	-0.89	0.76	0.83	1.0	0.99	0.68	0.95	0.5	0.86	0.99	-0.81	0.99		-0.95	0.73	-0.84
Net Tangible Assets	-0.66	-0.6	-0.92	0.61	0.5	-0.71	-0.93	-0.6	-0.71	-0.92	0.78	-0.69	-0.84	-0.96	-0.96	-0.65	-0.86	-0.49	-0.89	-0.94	0.65	-0.93	-0.95		-0.65	0.67
Accounts Payable	0.83	0.79	0.74	-0.72	-0.7	0.74	0.76	0.77	0.74	0.8	-0.86	0.8	0.75	0.71	0.66	0.85	0.71	0.7	0.67	0.79	-0.54	0.71	0.73	-0.65		-0.58
Deferred Long Term Liab	-0.51	-0.31	-0.81	0.47	0.3	-0.65	-0.81	-0.31	-0.65	-0.81	0.82	-0.66	-0.46	-0.82	-0.8	-0.45	-0.8	-0.48	-0.52	-0.82	1.0	-0.83	-0.84	0.67	-0.58

Click cells to compare fundamentals

Aker BP Account Relationship Matchups

Aker BP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.0B	10.7B	12.2B	12.4B	14.3B	12.5B
Short Long Term Debt Total	1.9B	2.0B	3.3B	4.1B	4.7B	3.0B
Total Current Liabilities	1.7B	1.0B	2.5B	6.2B	7.2B	7.5B
Total Stockholder Equity	3.0B	3.0B	2.4B	2.0B	1.8B	2.0B
Retained Earnings	(1.2B)	(1.8B)	(2.2B)	(1.8B)	(1.6B)	(1.7B)
Cash	231.5M	44.9M	107.1M	537.8M	618.5M	649.4M
Other Assets	37.6M	69.3M	102.2M	276.9M	318.5M	334.4M
Long Term Debt	1.9B	2.0B	3.1B	4.0B	4.6B	3.0B
Cash And Short Term Investments	231.5M	44.9M	107.1M	537.8M	618.5M	649.4M
Net Receivables	458.1M	525.1M	821.5M	1.5B	1.7B	1.8B
Inventory	87.5M	112.7M	126.4M	209.5M	240.9M	121.7M
Other Stockholder Equity	(115.6M)	(115.6M)	(115.6M)	179.8M	206.7M	217.1M
Total Liab	9.0B	7.7B	9.9B	10.4B	12.0B	9.6B
Total Current Assets	718.6M	1.3B	3.0B	4.8B	5.5B	5.7B
Intangible Assets	2.0B	2.4B	2.5B	2.0B	2.3B	2.4B
Property Plant Equipment	7.2B	7.4B	8.1B	16.0B	18.4B	19.3B
Other Current Liab	972.6M	599.5M	2.0B	5.8B	6.6B	7.0B
Other Liab	4.9B	5.3B	6.0B	13.5B	15.5B	16.3B
Net Tangible Assets	(1.9B)	(1.7B)	(969.6M)	(4.1B)	(3.7B)	(3.5B)
Accounts Payable	144.9M	113.5M	147.4M	133.9M	154.0M	142.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Aker Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Aker Retained Earnings vs Inventory Analysis

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

Correlation Coefficient

Retained Earnings

Inventory

Aker BP fundamental ratios Correlations

Aker BP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aker BP fundamental ratios Accounts

Also Currently Popular

Additional Tools for Aker Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 1.0	Other Assets
Property Plant Equipment	+ 1.0	Other Assets
Other Liab	+ 1.0	Other Current Assets
Deferred Long Term Liab	+ 1.0	Short Term Debt

Net Tangible Assets	- 0.96	Other Stockholder Equity
Net Tangible Assets	- 0.96	Other Current Assets
Net Tangible Assets	- 0.95	Other Liab
Net Tangible Assets	- 0.94	Property Plant Equipment
Net Tangible Assets	- 0.93	Other Current Liab
Good Will	- 0.93	Net Receivables