| 0QPS Stock | | | 3,912 31.50 0.81% |
Givaudan financial indicator trend analysis is much more than just examining Givaudan SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Givaudan SA is a good investment. Please check the relationship between Givaudan Depreciation And Amortization and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Givaudan SA. 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.
Depreciation And Amortization vs Non Current Assets Total
Depreciation And Amortization vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Givaudan SA Depreciation And Amortization account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Givaudan's Depreciation And Amortization and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Givaudan SA, assuming nothing else is changed. The correlation between historical values of Givaudan's Depreciation And Amortization and Non Current Assets 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 Depreciation And Amortization of Givaudan SA are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Depreciation And Amortization i.e., Givaudan's Depreciation And Amortization and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Givaudan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Givaudan SA 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 Givaudan SA. 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 drop to about 196.6
M in 2024.
Tax Provision is likely to drop to about 124.7
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 89M | 95M | 120M | 81.6M | Depreciation And Amortization | 391M | 364M | 356M | 275.3M |
Givaudan fundamental ratios Correlations
Click cells to compare fundamentals
Givaudan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Givaudan fundamental ratios Accounts
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Additional Tools for Givaudan Stock Analysis
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