| 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 Net Debt and its Total Current Liabilities 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.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Givaudan SA Net Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Givaudan's Net Debt and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities 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 Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Givaudan SA are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Givaudan's Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Total Current Liabilities
Total Current Liabilities is an item on Givaudan balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Givaudan SA 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.
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
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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measure Givaudan'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 Givaudan is operating at the current time. Most of Givaudan's value examination focuses on studying past and present price action to
predict the probability of Givaudan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Givaudan's price. Additionally, you may evaluate how the addition of Givaudan to your portfolios can decrease your overall portfolio volatility.