ALSO Other Assets vs Cash And Short Term Investments Analysis

0QLW Stock

235.00 2.00 0.86%

ALSO Holding financial indicator trend analysis is way more than just evaluating ALSO Holding AG prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ALSO Holding AG is a good investment. Please check the relationship between ALSO Holding Other Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALSO Holding AG. 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.

Other Assets vs Cash And Short Term Investments

Other Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ALSO Holding AG Other Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ALSO Holding's Other Assets and Cash And Short Term Investments is 0.84. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of ALSO Holding AG, assuming nothing else is changed. The correlation between historical values of ALSO Holding's Other Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of ALSO Holding AG are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Assets i.e., ALSO Holding's Other Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Other Assets

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ALSO Holding AG balance sheet. This account contains ALSO Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ALSO Holding AG fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from ALSO Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ALSO Holding AG 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 ALSO Holding AG. 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 37.6 M in 2024. Selling General Administrative is likely to drop to about 391.3 M in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	11.6B	11.6B	10.0B	10.2B
Depreciation And Amortization	17.0M	17.5M	17.5M	16.8M

Total Revenue Depreciation And Amortization

ALSO Holding fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Short Term Debt
Total Assets		0.53	0.99	0.98	0.85	-0.56	0.98	0.98	0.92	0.88	0.58	0.9	0.92	0.96	0.89	-0.23	0.61	0.81	0.97	-0.62	0.99	1.0	-0.54	-0.57	0.71	0.82
Other Current Liab	0.53		0.63	0.61	0.47	-0.78	0.53	0.58	0.5	0.78	-0.32	0.39	0.5	0.58	0.84	-0.17	-0.24	0.17	0.5	0.19	0.48	0.49	0.38	0.15	-0.05	0.2
Total Current Liabilities	0.99	0.63		0.98	0.85	-0.65	0.97	0.99	0.92	0.92	0.49	0.89	0.92	0.97	0.93	-0.24	0.49	0.73	0.96	-0.55	0.97	0.98	-0.43	-0.52	0.62	0.79
Total Stockholder Equity	0.98	0.61	0.98		0.76	-0.64	0.99	0.97	0.91	0.88	0.52	0.86	0.91	0.93	0.92	-0.23	0.46	0.76	0.97	-0.59	0.95	0.97	-0.47	-0.53	0.58	0.78
Property Plant And Equipment Net	0.85	0.47	0.85	0.76		-0.44	0.77	0.87	0.75	0.89	0.42	0.86	0.75	0.89	0.77	-0.16	0.62	0.59	0.78	-0.42	0.88	0.83	-0.35	-0.4	0.64	0.58
Net Debt	-0.56	-0.78	-0.65	-0.64	-0.44		-0.57	-0.64	-0.73	-0.72	0.02	-0.51	-0.73	-0.61	-0.79	0.57	0.2	-0.15	-0.55	0.13	-0.5	-0.52	-0.17	0.25	0.05	-0.26
Retained Earnings	0.98	0.53	0.97	0.99	0.77	-0.57		0.97	0.9	0.85	0.61	0.88	0.9	0.94	0.88	-0.2	0.54	0.78	0.97	-0.66	0.96	0.98	-0.56	-0.6	0.65	0.82
Accounts Payable	0.98	0.58	0.99	0.97	0.87	-0.64	0.97		0.92	0.92	0.53	0.91	0.92	0.97	0.91	-0.23	0.52	0.72	0.96	-0.58	0.97	0.97	-0.45	-0.54	0.61	0.74
Cash	0.92	0.5	0.92	0.91	0.75	-0.73	0.9	0.92		0.81	0.57	0.84	1.0	0.89	0.85	-0.54	0.5	0.7	0.89	-0.65	0.91	0.92	-0.49	-0.7	0.63	0.79
Non Current Assets Total	0.88	0.78	0.92	0.88	0.89	-0.72	0.85	0.92	0.81		0.24	0.81	0.81	0.92	0.96	-0.23	0.31	0.52	0.82	-0.32	0.87	0.85	-0.14	-0.31	0.4	0.53
Non Currrent Assets Other	0.58	-0.32	0.49	0.52	0.42	0.02	0.61	0.53	0.57	0.24		0.56	0.57	0.52	0.23	-0.2	0.77	0.65	0.57	-0.98	0.6	0.61	-0.94	-0.9	0.7	0.68
Other Assets	0.9	0.39	0.89	0.86	0.86	-0.51	0.88	0.91	0.84	0.81	0.56		0.84	0.9	0.76	-0.12	0.59	0.61	0.89	-0.55	0.9	0.89	-0.51	-0.5	0.64	0.7
Cash And Short Term Investments	0.92	0.5	0.92	0.91	0.75	-0.73	0.9	0.92	1.0	0.81	0.57	0.84		0.89	0.85	-0.54	0.5	0.7	0.89	-0.65	0.91	0.92	-0.49	-0.7	0.63	0.79
Net Receivables	0.96	0.58	0.97	0.93	0.89	-0.61	0.94	0.97	0.89	0.92	0.52	0.9	0.89		0.9	-0.27	0.53	0.66	0.9	-0.58	0.96	0.95	-0.44	-0.55	0.62	0.72
Good Will	0.89	0.84	0.93	0.92	0.77	-0.79	0.88	0.91	0.85	0.96	0.23	0.76	0.85	0.9		-0.31	0.23	0.57	0.84	-0.34	0.85	0.86	-0.16	-0.34	0.38	0.59
Common Stock Shares Outstanding	-0.23	-0.17	-0.24	-0.23	-0.16	0.57	-0.2	-0.23	-0.54	-0.23	-0.2	-0.12	-0.54	-0.27	-0.31		-0.08	-0.19	-0.16	0.35	-0.22	-0.22	0.15	0.59	-0.16	-0.22
Non Current Liabilities Total	0.61	-0.24	0.49	0.46	0.62	0.2	0.54	0.52	0.5	0.31	0.77	0.59	0.5	0.53	0.23	-0.08		0.78	0.56	-0.69	0.67	0.64	-0.84	-0.62	0.94	0.66
Inventory	0.81	0.17	0.73	0.76	0.59	-0.15	0.78	0.72	0.7	0.52	0.65	0.61	0.7	0.66	0.57	-0.19	0.78		0.82	-0.65	0.82	0.83	-0.76	-0.59	0.85	0.81
Other Current Assets	0.97	0.5	0.96	0.97	0.78	-0.55	0.97	0.96	0.89	0.82	0.57	0.89	0.89	0.9	0.84	-0.16	0.56	0.82		-0.59	0.96	0.98	-0.55	-0.53	0.67	0.8
Other Stockholder Equity	-0.62	0.19	-0.55	-0.59	-0.42	0.13	-0.66	-0.58	-0.65	-0.32	-0.98	-0.55	-0.65	-0.58	-0.34	0.35	-0.69	-0.65	-0.59		-0.63	-0.65	0.89	0.96	-0.65	-0.7
Total Liab	0.99	0.48	0.97	0.95	0.88	-0.5	0.96	0.97	0.91	0.87	0.6	0.9	0.91	0.96	0.85	-0.22	0.67	0.82	0.96	-0.63		0.99	-0.56	-0.58	0.76	0.83
Total Current Assets	1.0	0.49	0.98	0.97	0.83	-0.52	0.98	0.97	0.92	0.85	0.61	0.89	0.92	0.95	0.86	-0.22	0.64	0.83	0.98	-0.65	0.99		-0.59	-0.6	0.74	0.85
Intangible Assets	-0.54	0.38	-0.43	-0.47	-0.35	-0.17	-0.56	-0.45	-0.49	-0.14	-0.94	-0.51	-0.49	-0.44	-0.16	0.15	-0.84	-0.76	-0.55	0.89	-0.56	-0.59		0.81	-0.8	-0.73
Common Stock	-0.57	0.15	-0.52	-0.53	-0.4	0.25	-0.6	-0.54	-0.7	-0.31	-0.9	-0.5	-0.7	-0.55	-0.34	0.59	-0.62	-0.59	-0.53	0.96	-0.58	-0.6	0.81		-0.61	-0.68
Short Long Term Debt Total	0.71	-0.05	0.62	0.58	0.64	0.05	0.65	0.61	0.63	0.4	0.7	0.64	0.63	0.62	0.38	-0.16	0.94	0.85	0.67	-0.65	0.76	0.74	-0.8	-0.61		0.84
Short Term Debt	0.82	0.2	0.79	0.78	0.58	-0.26	0.82	0.74	0.79	0.53	0.68	0.7	0.79	0.72	0.59	-0.22	0.66	0.81	0.8	-0.7	0.83	0.85	-0.73	-0.68	0.84

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ALSO Holding Account Relationship Matchups

ALSO Holding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.9B	3.1B	3.2B	3.2B	2.6B
Other Current Liab	226.9M	233.5M	247.5M	311.7M	336.5M	238.0M
Total Current Liabilities	1.6B	1.7B	1.9B	1.8B	2.0B	1.5B
Total Stockholder Equity	731.9M	821.0M	949.0M	1.0B	1.0B	759.7M
Property Plant And Equipment Net	188.5M	169.6M	144.2M	139.3M	145.6M	125.6M
Net Debt	187.8M	(23.8M)	(210.1M)	(149.9M)	(331.1M)	(314.5M)
Retained Earnings	670.4M	800.2M	941.2M	1.0B	1.1B	639.8M
Accounts Payable	1.3B	1.3B	1.4B	1.4B	1.5B	1.2B
Cash	349.5M	483.2M	617.2M	478.7M	665.4M	698.6M
Non Current Assets Total	415.4M	406.5M	392.9M	448.5M	464.2M	364.4M
Non Currrent Assets Other	15.7M	28.4M	26.1M	19.7M	34.3M	36.0M
Other Assets	17.1M	30.7M	27.1M	19.5M	22.4M	14.5M
Cash And Short Term Investments	349.5M	483.2M	617.2M	478.7M	666.2M	699.5M
Net Receivables	1.1B	1.2B	1.0B	1.1B	1.2B	995.4M
Good Will	178.0M	178.4M	187.9M	204.9M	214.9M	182.0M
Common Stock Shares Outstanding	12.8M	12.8M	12.8M	12.8M	12.3M	10.2M
Non Current Liabilities Total	448.3M	379.0M	280.8M	282.0M	163.1M	285.2M
Inventory	915.3M	729.4M	910.0M	981.4M	767.2M	841.5M
Other Current Assets	91.4M	108.1M	144.7M	137.9M	119.5M	85.2M
Total Liab	2.1B	2.1B	2.1B	2.1B	2.2B	1.8B
Total Current Assets	2.4B	2.5B	2.7B	2.7B	2.8B	2.2B
Intangible Assets	21.7M	18.8M	19.3M	21.3M	28.0M	19.6M
Short Long Term Debt Total	537.3M	459.4M	407.1M	328.8M	334.3M	397.4M
Liabilities And Stockholders Equity	2.8B	2.9B	3.1B	3.2B	3.2B	2.7B
Accumulated Other Comprehensive Income	53.4M	12.7M	(395.0K)	40.9M	29.8M	28.3M
Short Term Debt	144.3M	137.6M	183.1M	111.7M	217.8M	138.8M
Long Term Debt	321.7M	273.9M	303.6M	253.5M	291.6M	295.8M
Property Plant Equipment	188.5M	169.6M	144.2M	139.3M	160.2M	140.7M
Other Liab	29.2M	31.1M	30.2M	40.3M	46.3M	33.9M
Net Tangible Assets	532.2M	623.8M	741.8M	813.4M	935.4M	674.5M

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ALSO Other Assets vs Cash And Short Term Investments Analysis

Other Assets vs Cash And Short Term Investments

Other Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Other Assets

Cash And Short Term Investments

ALSO Holding fundamental ratios Correlations

ALSO Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ALSO Holding fundamental ratios Accounts

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Additional Tools for ALSO Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.98	Non Currrent Assets Other
Intangible Assets	- 0.94	Non Currrent Assets Other
Common Stock	- 0.9	Non Currrent Assets Other
Intangible Assets	- 0.84	Non Current Liabilities Total
Short Long Term Debt Total	- 0.8	Intangible Assets
Good Will	- 0.79	Net Debt