ALSO Other Current Liab vs Good Will 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 Current Liab and its Good Will 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 Current Liab vs Good Will

Other Current Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ALSO Holding AG Other Current Liab account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ALSO Holding's Other Current Liab and Good Will is 0.84. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Good Will 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 Current Liab 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 Other Current Liab of ALSO Holding AG 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 Other Current Liab i.e., ALSO Holding's Other Current Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

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 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 Revenue11.6B11.6B10.0B10.2B
Depreciation And Amortization17.0M17.5M17.5M16.8M

ALSO Holding fundamental ratios Correlations

0.530.990.980.85-0.560.980.980.920.880.580.90.920.960.89-0.230.610.810.97-0.620.991.0-0.54-0.570.710.82
0.530.630.610.47-0.780.530.580.50.78-0.320.390.50.580.84-0.17-0.240.170.50.190.480.490.380.15-0.050.2
0.990.630.980.85-0.650.970.990.920.920.490.890.920.970.93-0.240.490.730.96-0.550.970.98-0.43-0.520.620.79
0.980.610.980.76-0.640.990.970.910.880.520.860.910.930.92-0.230.460.760.97-0.590.950.97-0.47-0.530.580.78
0.850.470.850.76-0.440.770.870.750.890.420.860.750.890.77-0.160.620.590.78-0.420.880.83-0.35-0.40.640.58
-0.56-0.78-0.65-0.64-0.44-0.57-0.64-0.73-0.720.02-0.51-0.73-0.61-0.790.570.2-0.15-0.550.13-0.5-0.52-0.170.250.05-0.26
0.980.530.970.990.77-0.570.970.90.850.610.880.90.940.88-0.20.540.780.97-0.660.960.98-0.56-0.60.650.82
0.980.580.990.970.87-0.640.970.920.920.530.910.920.970.91-0.230.520.720.96-0.580.970.97-0.45-0.540.610.74
0.920.50.920.910.75-0.730.90.920.810.570.841.00.890.85-0.540.50.70.89-0.650.910.92-0.49-0.70.630.79
0.880.780.920.880.89-0.720.850.920.810.240.810.810.920.96-0.230.310.520.82-0.320.870.85-0.14-0.310.40.53
0.58-0.320.490.520.420.020.610.530.570.240.560.570.520.23-0.20.770.650.57-0.980.60.61-0.94-0.90.70.68
0.90.390.890.860.86-0.510.880.910.840.810.560.840.90.76-0.120.590.610.89-0.550.90.89-0.51-0.50.640.7
0.920.50.920.910.75-0.730.90.921.00.810.570.840.890.85-0.540.50.70.89-0.650.910.92-0.49-0.70.630.79
0.960.580.970.930.89-0.610.940.970.890.920.520.90.890.9-0.270.530.660.9-0.580.960.95-0.44-0.550.620.72
0.890.840.930.920.77-0.790.880.910.850.960.230.760.850.9-0.310.230.570.84-0.340.850.86-0.16-0.340.380.59
-0.23-0.17-0.24-0.23-0.160.57-0.2-0.23-0.54-0.23-0.2-0.12-0.54-0.27-0.31-0.08-0.19-0.160.35-0.22-0.220.150.59-0.16-0.22
0.61-0.240.490.460.620.20.540.520.50.310.770.590.50.530.23-0.080.780.56-0.690.670.64-0.84-0.620.940.66
0.810.170.730.760.59-0.150.780.720.70.520.650.610.70.660.57-0.190.780.82-0.650.820.83-0.76-0.590.850.81
0.970.50.960.970.78-0.550.970.960.890.820.570.890.890.90.84-0.160.560.82-0.590.960.98-0.55-0.530.670.8
-0.620.19-0.55-0.59-0.420.13-0.66-0.58-0.65-0.32-0.98-0.55-0.65-0.58-0.340.35-0.69-0.65-0.59-0.63-0.650.890.96-0.65-0.7
0.990.480.970.950.88-0.50.960.970.910.870.60.90.910.960.85-0.220.670.820.96-0.630.99-0.56-0.580.760.83
1.00.490.980.970.83-0.520.980.970.920.850.610.890.920.950.86-0.220.640.830.98-0.650.99-0.59-0.60.740.85
-0.540.38-0.43-0.47-0.35-0.17-0.56-0.45-0.49-0.14-0.94-0.51-0.49-0.44-0.160.15-0.84-0.76-0.550.89-0.56-0.590.81-0.8-0.73
-0.570.15-0.52-0.53-0.40.25-0.6-0.54-0.7-0.31-0.9-0.5-0.7-0.55-0.340.59-0.62-0.59-0.530.96-0.58-0.60.81-0.61-0.68
0.71-0.050.620.580.640.050.650.610.630.40.70.640.630.620.38-0.160.940.850.67-0.650.760.74-0.8-0.610.84
0.820.20.790.780.58-0.260.820.740.790.530.680.70.790.720.59-0.220.660.810.8-0.70.830.85-0.73-0.680.84
Click cells to compare fundamentals

ALSO Holding Account Relationship Matchups

ALSO Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.9B3.1B3.2B3.2B2.6B
Other Current Liab226.9M233.5M247.5M311.7M336.5M238.0M
Total Current Liabilities1.6B1.7B1.9B1.8B2.0B1.5B
Total Stockholder Equity731.9M821.0M949.0M1.0B1.0B759.7M
Property Plant And Equipment Net188.5M169.6M144.2M139.3M145.6M125.6M
Net Debt187.8M(23.8M)(210.1M)(149.9M)(331.1M)(314.5M)
Retained Earnings670.4M800.2M941.2M1.0B1.1B639.8M
Accounts Payable1.3B1.3B1.4B1.4B1.5B1.2B
Cash349.5M483.2M617.2M478.7M665.4M698.6M
Non Current Assets Total415.4M406.5M392.9M448.5M464.2M364.4M
Non Currrent Assets Other15.7M28.4M26.1M19.7M34.3M36.0M
Other Assets17.1M30.7M27.1M19.5M22.4M14.5M
Cash And Short Term Investments349.5M483.2M617.2M478.7M666.2M699.5M
Net Receivables1.1B1.2B1.0B1.1B1.2B995.4M
Good Will178.0M178.4M187.9M204.9M214.9M182.0M
Common Stock Shares Outstanding12.8M12.8M12.8M12.8M12.3M10.2M
Non Current Liabilities Total448.3M379.0M280.8M282.0M163.1M285.2M
Inventory915.3M729.4M910.0M981.4M767.2M841.5M
Other Current Assets91.4M108.1M144.7M137.9M119.5M85.2M
Total Liab2.1B2.1B2.1B2.1B2.2B1.8B
Total Current Assets2.4B2.5B2.7B2.7B2.8B2.2B
Intangible Assets21.7M18.8M19.3M21.3M28.0M19.6M
Short Long Term Debt Total537.3M459.4M407.1M328.8M334.3M397.4M
Liabilities And Stockholders Equity2.8B2.9B3.1B3.2B3.2B2.7B
Accumulated Other Comprehensive Income53.4M12.7M(395.0K)40.9M29.8M28.3M
Short Term Debt144.3M137.6M183.1M111.7M217.8M138.8M
Long Term Debt321.7M273.9M303.6M253.5M291.6M295.8M
Property Plant Equipment188.5M169.6M144.2M139.3M160.2M140.7M
Other Liab29.2M31.1M30.2M40.3M46.3M33.9M
Net Tangible Assets532.2M623.8M741.8M813.4M935.4M674.5M

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