Gruppo Accounts Payable vs Retained Earnings Analysis

0O2B Stock   38.05  0.30  0.79%   
Gruppo MutuiOnline financial indicator trend analysis is much more than just examining Gruppo MutuiOnline SpA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gruppo MutuiOnline SpA is a good investment. Please check the relationship between Gruppo MutuiOnline Accounts Payable and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gruppo MutuiOnline SpA. 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.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gruppo MutuiOnline SpA Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gruppo MutuiOnline's Accounts Payable and Retained Earnings is 0.77. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gruppo MutuiOnline SpA, assuming nothing else is changed. The correlation between historical values of Gruppo MutuiOnline's Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Gruppo MutuiOnline SpA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Gruppo MutuiOnline's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Gruppo MutuiOnline obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gruppo MutuiOnline SpA are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
Most indicators from Gruppo MutuiOnline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gruppo MutuiOnline SpA 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 Gruppo MutuiOnline SpA. 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.
Selling General Administrative is likely to gain to about 41.7 M in 2024, despite the fact that Tax Provision is likely to grow to (60.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense58K182K1.7M1.8M
Depreciation And Amortization20.8M22.0M45.1M47.4M

Gruppo MutuiOnline fundamental ratios Correlations

0.970.970.940.990.930.860.80.970.90.980.690.890.95-0.390.98-0.230.480.41.00.960.90.860.330.15-0.04
0.970.880.860.930.850.930.780.880.890.950.730.890.88-0.441.0-0.310.530.410.980.930.850.890.260.23-0.16
0.970.880.980.980.930.740.760.980.880.950.570.870.94-0.320.89-0.110.40.380.950.940.90.760.380.040.15
0.940.860.980.940.940.750.810.960.810.940.610.80.92-0.310.86-0.170.450.230.940.890.970.740.37-0.010.17
0.990.930.980.940.930.810.80.980.880.970.670.870.95-0.40.94-0.210.430.420.970.950.870.860.360.15-0.04
0.930.850.930.940.930.750.740.980.790.910.570.780.98-0.220.87-0.090.350.290.920.90.890.740.43-0.070.03
0.860.930.740.750.810.750.890.770.660.910.890.650.76-0.560.91-0.560.570.110.880.740.780.950.180.29-0.4
0.80.780.760.810.80.740.890.770.50.890.920.490.7-0.590.76-0.670.54-0.170.80.620.810.910.230.17-0.3
0.970.880.980.960.980.980.770.770.840.950.620.830.98-0.30.9-0.150.370.360.950.930.90.790.40.010.02
0.90.890.880.810.880.790.660.50.840.820.41.00.85-0.210.90.060.370.690.90.980.760.650.290.130.16
0.980.950.950.940.970.910.910.890.950.820.780.810.92-0.470.96-0.360.50.260.980.90.90.920.30.18-0.13
0.690.730.570.610.670.570.890.920.620.40.780.390.58-0.650.7-0.830.54-0.170.690.50.670.920.180.34-0.58
0.890.890.870.80.870.780.650.490.831.00.810.390.84-0.210.90.060.390.70.90.970.750.650.30.140.16
0.950.880.940.920.950.980.760.70.980.850.920.580.84-0.260.9-0.090.370.420.940.940.880.760.44-0.02-0.01
-0.39-0.44-0.32-0.31-0.4-0.22-0.56-0.59-0.3-0.21-0.47-0.65-0.21-0.26-0.420.57-0.470.11-0.39-0.25-0.32-0.6-0.23-0.270.4
0.981.00.890.860.940.870.910.760.90.90.960.70.90.9-0.42-0.250.50.450.980.950.830.880.270.23-0.14
-0.23-0.31-0.11-0.17-0.21-0.09-0.56-0.67-0.150.06-0.36-0.830.06-0.090.57-0.25-0.340.51-0.23-0.02-0.27-0.63-0.06-0.210.7
0.480.530.40.450.430.350.570.540.370.370.50.540.390.37-0.470.5-0.340.00.50.410.510.460.360.17-0.05
0.40.410.380.230.420.290.11-0.170.360.690.26-0.170.70.420.110.450.510.00.390.60.110.150.110.230.18
1.00.980.950.940.970.920.880.80.950.90.980.690.90.94-0.390.98-0.230.50.390.960.910.860.320.15-0.04
0.960.930.940.890.950.90.740.620.930.980.90.50.970.94-0.250.95-0.020.410.60.960.840.730.370.090.09
0.90.850.90.970.870.890.780.810.90.760.90.670.750.88-0.320.83-0.270.510.110.910.840.730.33-0.020.1
0.860.890.760.740.860.740.950.910.790.650.920.920.650.76-0.60.88-0.630.460.150.860.730.730.210.33-0.49
0.330.260.380.370.360.430.180.230.40.290.30.180.30.44-0.230.27-0.060.360.110.320.370.330.21-0.590.08
0.150.230.04-0.010.15-0.070.290.170.010.130.180.340.14-0.02-0.270.23-0.210.170.230.150.09-0.020.33-0.59-0.35
-0.04-0.160.150.17-0.040.03-0.4-0.30.020.16-0.13-0.580.16-0.010.4-0.140.7-0.050.18-0.040.090.1-0.490.08-0.35
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Gruppo MutuiOnline Account Relationship Matchups

Gruppo MutuiOnline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets328.8M625.6M616.6M889.2M951.8M999.4M
Short Long Term Debt Total94.2M131.0M170.6M414.8M388.2M407.6M
Other Current Liab22.7M65.1M49.8M58.0M63.2M66.3M
Total Current Liabilities85.6M237.6M125.8M177.0M217.9M228.8M
Total Stockholder Equity112.6M233.3M264.4M270.3M327.5M343.9M
Property Plant And Equipment Net25.5M27.8M24.7M26.8M31.3M32.8M
Net Debt59.5M8.7M4.8M145.2M238.1M250.0M
Retained Earnings40.3M128.5M16.3M46.9M277.6M291.5M
Accounts Payable28.1M44.5M43.6M42.0M51.8M54.4M
Cash34.7M122.4M165.9M269.6M150.1M157.6M
Non Current Assets Total189.7M386.7M319.5M472.1M680.5M714.5M
Non Currrent Assets Other252K179K218K5.1M50.4M52.9M
Cash And Short Term Investments34.7M122.4M165.9M274.3M150.1M157.6M
Net Receivables95.4M105.5M127.2M123.7M135.0M141.8M
Common Stock Shares Outstanding39.4M39.1M39.0M38.5M38.2M31.1M
Liabilities And Stockholders Equity328.8M625.6M616.6M889.2M951.8M999.4M
Non Current Liabilities Total129.0M151.2M221.7M439.9M403.8M424.0M
Other Current Assets10.2M13.8M460K20.3M20.1M21.1M
Other Stockholder Equity(62K)(58.0K)199.5M200.6M202.0K191.9K
Total Liab214.6M388.8M347.5M616.9M621.7M652.8M
Total Current Assets139.1M238.9M297.1M417.1M305.2M320.5M
Short Term Debt29.2M79.3M25.2M66.3M83.8M88.0M
Intangible Assets10.2M8.0M50.4M58.5M146.2M153.5M
Common Stock957K954K1.0M970K949K1.0M
Other Assets7.9M1.086.8M38.2M(33.8M)(32.2M)
Good Will97.1M188.2M152.4M241.0M300.1M315.1M
Accumulated Other Comprehensive Income26.9M17.3M47.6M21.9M48.7M51.2M
Long Term Debt25.3M75.6M102.9M78.5M90.3M68.8M
Property Plant Equipment25.5M27.8M24.7M26.8M30.8M23.6M
Other Liab20.3M30.8M25.8M33.9M38.9M25.9M
Net Tangible Assets14.6M24.0M61.6M(29.2M)(26.3M)(25.0M)

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