Eiffage Total Current Liabilities vs Good Will Analysis

0NPT Stock   85.26  0.88  1.04%   
Eiffage SA financial indicator trend analysis is much more than just examining Eiffage SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eiffage SA is a good investment. Please check the relationship between Eiffage SA Total Current Liabilities and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eiffage SA. 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 Current Liabilities vs Good Will

Total Current Liabilities vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eiffage SA Total Current Liabilities account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eiffage SA's Total Current Liabilities and Good Will is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Good Will in the same time period over historical financial statements of Eiffage SA, assuming nothing else is changed. The correlation between historical values of Eiffage SA's Total Current Liabilities and Good Will 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 Current Liabilities of Eiffage SA are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Liabilities i.e., Eiffage SA's Total Current Liabilities and Good Will go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Eiffage SA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eiffage SA are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Eiffage SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eiffage SA 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 Eiffage SA. 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 gain to about 407.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.4 B in 2024.
 2019 2020 2023 2024 (projected)
Interest Income247M239M215.1M294.2M
Tax Provision560M330M379.5M407.9M

Eiffage SA fundamental ratios Correlations

-0.440.960.93-0.78-0.59-0.89-0.690.880.830.940.510.910.90.990.99-0.730.8-0.580.960.80.92-0.610.930.78
-0.44-0.46-0.460.410.660.540.94-0.09-0.55-0.58-0.54-0.25-0.38-0.42-0.440.52-0.350.83-0.34-0.21-0.510.75-0.39-0.59
0.96-0.460.91-0.75-0.61-0.9-0.70.810.790.940.570.920.890.950.98-0.710.74-0.540.940.870.81-0.490.970.84
0.93-0.460.91-0.9-0.81-0.86-0.720.720.960.950.650.780.970.870.94-0.910.56-0.430.960.660.83-0.440.820.65
-0.780.41-0.75-0.90.80.660.66-0.49-0.95-0.86-0.64-0.62-0.95-0.69-0.760.82-0.340.31-0.87-0.46-0.710.32-0.62-0.48
-0.590.66-0.61-0.810.80.610.79-0.2-0.9-0.76-0.78-0.35-0.76-0.47-0.610.92-0.10.32-0.64-0.26-0.490.28-0.44-0.38
-0.890.54-0.9-0.860.660.610.73-0.76-0.75-0.82-0.39-0.88-0.81-0.87-0.940.77-0.740.67-0.84-0.84-0.780.59-0.91-0.9
-0.690.94-0.7-0.720.660.790.73-0.36-0.78-0.81-0.71-0.47-0.65-0.65-0.680.73-0.460.81-0.64-0.39-0.710.74-0.6-0.7
0.88-0.090.810.72-0.49-0.2-0.76-0.360.520.710.240.860.670.910.87-0.470.82-0.430.840.780.83-0.480.860.67
0.83-0.550.790.96-0.95-0.9-0.75-0.780.520.910.720.620.940.730.82-0.920.39-0.410.870.470.75-0.430.650.52
0.94-0.580.940.95-0.86-0.76-0.82-0.810.710.910.750.770.920.90.92-0.80.61-0.550.940.650.85-0.540.840.7
0.51-0.540.570.65-0.64-0.78-0.39-0.710.240.720.750.230.610.430.5-0.660.0-0.220.610.130.41-0.160.380.28
0.91-0.250.920.78-0.62-0.35-0.88-0.470.860.620.770.230.80.920.93-0.530.86-0.50.850.960.76-0.460.980.85
0.9-0.380.890.97-0.95-0.76-0.81-0.650.670.940.920.610.80.830.9-0.850.51-0.360.960.680.77-0.350.810.64
0.99-0.420.950.87-0.69-0.47-0.87-0.650.910.730.90.430.920.830.97-0.630.87-0.630.920.820.93-0.660.940.8
0.99-0.440.980.94-0.76-0.61-0.94-0.680.870.820.920.50.930.90.97-0.770.78-0.560.960.850.87-0.550.960.82
-0.730.52-0.71-0.910.820.920.770.73-0.47-0.92-0.8-0.66-0.53-0.85-0.63-0.77-0.290.35-0.79-0.44-0.650.34-0.59-0.5
0.8-0.350.740.56-0.34-0.1-0.74-0.460.820.390.610.00.860.510.870.78-0.29-0.710.630.810.81-0.760.840.79
-0.580.83-0.54-0.430.310.320.670.81-0.43-0.41-0.55-0.22-0.5-0.36-0.63-0.560.35-0.71-0.42-0.46-0.710.94-0.58-0.8
0.96-0.340.940.96-0.87-0.64-0.84-0.640.840.870.940.610.850.960.920.96-0.790.63-0.420.730.85-0.420.880.69
0.8-0.210.870.66-0.46-0.26-0.84-0.390.780.470.650.130.960.680.820.85-0.440.81-0.460.730.61-0.370.950.86
0.92-0.510.810.83-0.71-0.49-0.78-0.710.830.750.850.410.760.770.930.87-0.650.81-0.710.850.61-0.790.780.71
-0.610.75-0.49-0.440.320.280.590.74-0.48-0.43-0.54-0.16-0.46-0.35-0.66-0.550.34-0.760.94-0.42-0.37-0.79-0.52-0.65
0.93-0.390.970.82-0.62-0.44-0.91-0.60.860.650.840.380.980.810.940.96-0.590.84-0.580.880.950.78-0.520.9
0.78-0.590.840.65-0.48-0.38-0.9-0.70.670.520.70.280.850.640.80.82-0.50.79-0.80.690.860.71-0.650.9
Click cells to compare fundamentals

Eiffage SA Account Relationship Matchups

Eiffage SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.0B30.4B32.9B33.7B38.8B34.4B
Short Long Term Debt Total12.1B11.4B11.3B12.8B11.5B9.7B
Total Current Liabilities13.6B12.5B12.6B14.5B16.6B13.6B
Total Stockholder Equity4.3B4.8B5.2B5.3B6.1B5.1B
Retained Earnings725M375M777M896M806.4M1.3B
Cash1.4B403M429M1.5B1.3B1.0B
Other Assets2.0B2.0B1.7B1.6B1.4B1.5B
Long Term Debt12.1B11.4B10.7B12.1B10.9B9.4B
Cash And Short Term Investments4.6B3.8B4.6B5.3B6.0B5.0B
Net Receivables7.0B6.6B7.0B6.1B7.1B6.7B
Good Will3.0B3.2B3.7B3.4B3.9B3.6B
Short Term Investments50M56M217M64M73.6M89.3M
Inventory745M803M873M1.0B1.2B877.2M
Other Stockholder Equity3.6B4.0B3.9B4.9B5.6B3.0B
Total Liab25.7B25.6B27.6B28.4B32.7B29.3B
Total Current Assets12.7B13.0B13.2B14.1B16.2B13.7B
Short Term Debt145M123M127M125M112.5M106.9M
Intangible Assets11.4B11.2B11.1B11.9B13.6B12.6B
Property Plant Equipment2.7B2.8B2.8B3.0B3.4B2.6B
Other Current Liab3.2B3.4B3.9B6.3B7.2B4.4B
Other Liab1.7B1.9B1.8B1.7B2.0B2.0B
Net Tangible Assets(9.5B)(10.0B)(9.8B)(9.2B)(10.6B)(11.2B)
Accounts Payable4.0B3.9B4.0B4.8B5.5B4.4B
Other Current Assets472M284M406M2.2B2.5B2.6B

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