Sparebank Total Current Liabilities vs Short Long Term Debt Total Analysis

0Q57 Stock   141.30  0.30  0.21%   
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 Total Current Liabilities and its Short Long Term Debt Total 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.

Total Current Liabilities vs Short Long Term Debt Total

Total Current Liabilities vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparebank 1 SR Total Current Liabilities account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sparebank's Total Current Liabilities and Short Long Term Debt Total is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt Total 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 Total Current Liabilities and Short Long Term Debt Total 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 Sparebank 1 SR are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., Sparebank's Total Current Liabilities and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Sparebank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sparebank 1 SR 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.

Short Long Term Debt Total

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 Income4.0B4.1B4.8B3.9B
Tax Provision693M231M207.9M391.5M

Sparebank fundamental ratios Correlations

1.01.00.921.00.95-0.410.991.00.91-0.410.940.95-0.740.90.960.950.910.910.95-0.820.2-0.06
1.00.990.921.00.94-0.420.981.00.89-0.420.940.95-0.730.880.940.940.90.890.93-0.80.2-0.07
1.00.990.910.990.96-0.410.991.00.91-0.410.960.95-0.720.890.960.950.920.90.96-0.810.2-0.07
0.920.920.910.920.83-0.330.890.920.77-0.330.890.99-0.590.720.80.790.750.730.82-0.660.18-0.04
1.01.00.990.920.94-0.420.981.00.89-0.420.940.95-0.730.880.940.940.90.890.93-0.80.2-0.07
0.950.940.960.830.94-0.270.950.950.88-0.270.970.88-0.640.850.930.920.870.851.0-0.720.180.0
-0.41-0.42-0.41-0.33-0.42-0.27-0.44-0.41-0.621.0-0.35-0.410.61-0.46-0.52-0.59-0.55-0.5-0.320.68-0.270.37
0.990.980.990.890.980.95-0.440.990.92-0.440.930.93-0.780.930.980.970.960.940.95-0.860.14-0.15
1.01.01.00.921.00.95-0.410.990.91-0.410.940.95-0.750.90.960.950.910.910.94-0.820.2-0.06
0.910.890.910.770.890.88-0.620.920.91-0.620.860.83-0.860.890.970.960.90.90.9-0.90.31-0.1
-0.41-0.42-0.41-0.33-0.42-0.271.0-0.44-0.41-0.62-0.35-0.410.61-0.46-0.52-0.59-0.55-0.5-0.320.68-0.270.37
0.940.940.960.890.940.97-0.350.930.940.86-0.350.91-0.580.760.880.880.820.770.97-0.680.240.0
0.950.950.950.990.950.88-0.410.930.950.83-0.410.91-0.640.790.860.860.820.80.87-0.720.2-0.07
-0.74-0.73-0.72-0.59-0.73-0.640.61-0.78-0.75-0.860.61-0.58-0.64-0.91-0.84-0.83-0.84-0.91-0.650.980.040.43
0.90.880.890.720.880.85-0.460.930.90.89-0.460.760.79-0.910.960.940.961.00.85-0.95-0.05-0.33
0.960.940.960.80.940.93-0.520.980.960.97-0.520.880.86-0.840.960.990.960.970.94-0.910.2-0.14
0.950.940.950.790.940.92-0.590.970.950.96-0.590.880.86-0.830.940.990.970.960.93-0.910.19-0.18
0.910.90.920.750.90.87-0.550.960.910.9-0.550.820.82-0.840.960.960.970.970.88-0.920.02-0.32
0.910.890.90.730.890.85-0.50.940.910.9-0.50.770.8-0.911.00.970.960.970.85-0.950.0-0.31
0.950.930.960.820.931.0-0.320.950.940.9-0.320.970.87-0.650.850.940.930.880.85-0.740.2-0.02
-0.82-0.8-0.81-0.66-0.8-0.720.68-0.86-0.82-0.90.68-0.68-0.720.98-0.95-0.91-0.91-0.92-0.95-0.740.020.45
0.20.20.20.180.20.18-0.270.140.20.31-0.270.240.20.04-0.050.20.190.020.00.20.020.79
-0.06-0.07-0.07-0.04-0.070.00.37-0.15-0.06-0.10.370.0-0.070.43-0.33-0.14-0.18-0.32-0.31-0.020.450.79
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Sparebank Account Relationship Matchups

Sparebank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets216.6B234.1B255.9B287.0B330.1B261.1B
Short Long Term Debt Total81.7B94.8B99.5B108.7B125.0B101.1B
Total Stockholder Equity19.9B21.6B24.8B26.4B30.3B24.4B
Long Term Debt81.7B94.8B99.1B108.4B124.6B100.9B
Good Will88M89M254M264M303.6M170.7M
Other Stockholder Equity15.4B17B17.7B19.1B22.0B16.3B
Total Liab196.7B212.5B231.1B260.7B299.8B236.7B
Property Plant Equipment1.5B1.3B1.3B1.2B1.4B1.1B
Earning Assets37.5B35.5B39.6B40.8B47.0B39.3B

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