Sparebank Accounts Payable vs Good Will Analysis

0Q57 Stock

142.10 2.90 2.00%

Sparebank financial indicator trend analysis is much more than just breaking down Sparebank 1 SR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sparebank 1 SR is a good investment. Please check the relationship between Sparebank Accounts Payable and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SR. 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 Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparebank 1 SR Accounts Payable account and Good Will. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Sparebank's Accounts Payable and Good Will is 0.85. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Sparebank 1 SR, assuming nothing else is changed. The correlation between historical values of Sparebank's Accounts Payable 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 Accounts Payable of Sparebank 1 SR 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 Accounts Payable i.e., Sparebank's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Accounts Payable

An accounting item on the balance sheet that represents Sparebank 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 Sparebank 1 SR 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.

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 Sparebank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sparebank 1 SR 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 Sparebank 1 SR. 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 391.5 M in 2024

	2019	2020	2023	2024 (projected)
Net Interest Income	4.0B	4.1B	4.8B	3.9B
Tax Provision	693M	231M	207.9M	391.5M

Net Interest Income Tax Provision

Sparebank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Assets	Long Term Debt	Good Will	Capital Surpluse	Other Stockholder Equity	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Earning Assets	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Total Current Assets	Deferred Long Term Liab
Total Assets		1.0	1.0	0.92	1.0	0.95	-0.41	0.99	1.0	0.91	-0.41	0.94	0.95	-0.74	0.9	0.96	0.95	0.91	0.91	0.95	-0.82	0.2	-0.06
Short Long Term Debt Total	1.0		0.99	0.92	1.0	0.94	-0.42	0.98	1.0	0.89	-0.42	0.94	0.95	-0.73	0.88	0.94	0.94	0.9	0.89	0.93	-0.8	0.2	-0.07
Total Stockholder Equity	1.0	0.99		0.91	0.99	0.96	-0.41	0.99	1.0	0.91	-0.41	0.96	0.95	-0.72	0.89	0.96	0.95	0.92	0.9	0.96	-0.81	0.2	-0.07
Other Assets	0.92	0.92	0.91		0.92	0.83	-0.33	0.89	0.92	0.77	-0.33	0.89	0.99	-0.59	0.72	0.8	0.79	0.75	0.73	0.82	-0.66	0.18	-0.04
Long Term Debt	1.0	1.0	0.99	0.92		0.94	-0.42	0.98	1.0	0.89	-0.42	0.94	0.95	-0.73	0.88	0.94	0.94	0.9	0.89	0.93	-0.8	0.2	-0.07
Good Will	0.95	0.94	0.96	0.83	0.94		-0.27	0.95	0.95	0.88	-0.27	0.97	0.88	-0.64	0.85	0.93	0.92	0.87	0.85	1.0	-0.72	0.18	0.0
Capital Surpluse	-0.41	-0.42	-0.41	-0.33	-0.42	-0.27		-0.44	-0.41	-0.62	1.0	-0.35	-0.41	0.61	-0.46	-0.52	-0.59	-0.55	-0.5	-0.32	0.68	-0.27	0.37
Other Stockholder Equity	0.99	0.98	0.99	0.89	0.98	0.95	-0.44		0.99	0.92	-0.44	0.93	0.93	-0.78	0.93	0.98	0.97	0.96	0.94	0.95	-0.86	0.14	-0.15
Total Liab	1.0	1.0	1.0	0.92	1.0	0.95	-0.41	0.99		0.91	-0.41	0.94	0.95	-0.75	0.9	0.96	0.95	0.91	0.91	0.94	-0.82	0.2	-0.06
Intangible Assets	0.91	0.89	0.91	0.77	0.89	0.88	-0.62	0.92	0.91		-0.62	0.86	0.83	-0.86	0.89	0.97	0.96	0.9	0.9	0.9	-0.9	0.31	-0.1
Common Stock	-0.41	-0.42	-0.41	-0.33	-0.42	-0.27	1.0	-0.44	-0.41	-0.62		-0.35	-0.41	0.61	-0.46	-0.52	-0.59	-0.55	-0.5	-0.32	0.68	-0.27	0.37
Property Plant Equipment	0.94	0.94	0.96	0.89	0.94	0.97	-0.35	0.93	0.94	0.86	-0.35		0.91	-0.58	0.76	0.88	0.88	0.82	0.77	0.97	-0.68	0.24	0.0
Earning Assets	0.95	0.95	0.95	0.99	0.95	0.88	-0.41	0.93	0.95	0.83	-0.41	0.91		-0.64	0.79	0.86	0.86	0.82	0.8	0.87	-0.72	0.2	-0.07
Other Current Liab	-0.74	-0.73	-0.72	-0.59	-0.73	-0.64	0.61	-0.78	-0.75	-0.86	0.61	-0.58	-0.64		-0.91	-0.84	-0.83	-0.84	-0.91	-0.65	0.98	0.04	0.43
Total Current Liabilities	0.9	0.88	0.89	0.72	0.88	0.85	-0.46	0.93	0.9	0.89	-0.46	0.76	0.79	-0.91		0.96	0.94	0.96	1.0	0.85	-0.95	-0.05	-0.33
Other Liab	0.96	0.94	0.96	0.8	0.94	0.93	-0.52	0.98	0.96	0.97	-0.52	0.88	0.86	-0.84	0.96		0.99	0.96	0.97	0.94	-0.91	0.2	-0.14
Net Tangible Assets	0.95	0.94	0.95	0.79	0.94	0.92	-0.59	0.97	0.95	0.96	-0.59	0.88	0.86	-0.83	0.94	0.99		0.97	0.96	0.93	-0.91	0.19	-0.18
Retained Earnings	0.91	0.9	0.92	0.75	0.9	0.87	-0.55	0.96	0.91	0.9	-0.55	0.82	0.82	-0.84	0.96	0.96	0.97		0.97	0.88	-0.92	0.02	-0.32
Accounts Payable	0.91	0.89	0.9	0.73	0.89	0.85	-0.5	0.94	0.91	0.9	-0.5	0.77	0.8	-0.91	1.0	0.97	0.96	0.97		0.85	-0.95	0.0	-0.31
Net Receivables	0.95	0.93	0.96	0.82	0.93	1.0	-0.32	0.95	0.94	0.9	-0.32	0.97	0.87	-0.65	0.85	0.94	0.93	0.88	0.85		-0.74	0.2	-0.02
Other Current Assets	-0.82	-0.8	-0.81	-0.66	-0.8	-0.72	0.68	-0.86	-0.82	-0.9	0.68	-0.68	-0.72	0.98	-0.95	-0.91	-0.91	-0.92	-0.95	-0.74		0.02	0.45
Total Current Assets	0.2	0.2	0.2	0.18	0.2	0.18	-0.27	0.14	0.2	0.31	-0.27	0.24	0.2	0.04	-0.05	0.2	0.19	0.02	0.0	0.2	0.02		0.79
Deferred Long Term Liab	-0.06	-0.07	-0.07	-0.04	-0.07	0.0	0.37	-0.15	-0.06	-0.1	0.37	0.0	-0.07	0.43	-0.33	-0.14	-0.18	-0.32	-0.31	-0.02	0.45	0.79

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Sparebank Account Relationship Matchups

Sparebank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	216.6B	234.1B	255.9B	287.0B	330.1B	261.1B
Short Long Term Debt Total	81.7B	94.8B	99.5B	108.7B	125.0B	101.1B
Total Stockholder Equity	19.9B	21.6B	24.8B	26.4B	30.3B	24.4B
Long Term Debt	81.7B	94.8B	99.1B	108.4B	124.6B	100.9B
Good Will	88M	89M	254M	264M	303.6M	170.7M
Other Stockholder Equity	15.4B	17B	17.7B	19.1B	22.0B	16.3B
Total Liab	196.7B	212.5B	231.1B	260.7B	299.8B	236.7B
Property Plant Equipment	1.5B	1.3B	1.3B	1.2B	1.4B	1.1B
Earning Assets	37.5B	35.5B	39.6B	40.8B	47.0B	39.3B

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Sparebank Accounts Payable vs Good Will Analysis

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

Correlation Coefficient

Accounts Payable

Good Will

Sparebank fundamental ratios Correlations

Sparebank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sparebank fundamental ratios Accounts

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Additional Tools for Sparebank Stock Analysis

COMMON DESTINATIONS

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COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Other Current Assets	- 0.95	Accounts Payable
Other Current Assets	- 0.95	Total Current Liabilities
Other Current Assets	- 0.92	Retained Earnings
Other Current Assets	- 0.91	Net Tangible Assets
Other Current Assets	- 0.91	Other Liab
Accounts Payable	- 0.91	Other Current Liab