Axfood Short Long Term Debt Total vs Common Stock Analysis

0R6R Stock

228.40 0.70 0.31%

Axfood AB financial indicator trend analysis is way more than just evaluating Axfood AB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axfood AB is a good investment. Please check the relationship between Axfood AB Short Long Term Debt Total and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axfood AB. 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.

Short Long Term Debt Total vs Common Stock

Short Long Term Debt Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axfood AB Short Long Term Debt Total account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Axfood AB's Short Long Term Debt Total and Common Stock is 0.55. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Axfood AB, assuming nothing else is changed. The correlation between historical values of Axfood AB's Short Long Term Debt Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Axfood AB are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Long Term Debt Total i.e., Axfood AB's Short Long Term Debt Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt Total

Common Stock

Most indicators from Axfood AB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axfood AB 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 Axfood AB. 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 520.5 M in 2024. Selling General Administrative is likely to drop to about 6.1 B in 2024

	2020	2021	2023	2024 (projected)
Interest Income	107M	122M	140.3M	77.7M
Tax Provision	531M	488M	561.2M	520.5M

Interest Income Tax Provision

Axfood AB fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Other Current Assets	Long Term Debt
Total Assets		0.97	0.98	0.86	0.4	0.96	-0.84	0.96	0.93	0.93	0.79	1.0	0.89	0.92	0.66	0.98	0.6	0.96	0.25	0.92	-0.02	-0.4
Short Long Term Debt Total	0.97		0.91	0.71	0.21	0.97	-0.81	0.87	0.82	0.83	0.74	0.98	0.76	0.8	0.55	0.96	0.41	0.92	0.17	0.81	0.13	-0.34
Total Current Liabilities	0.98	0.91		0.92	0.52	0.91	-0.85	0.99	0.98	0.97	0.82	0.98	0.95	0.96	0.72	0.97	0.72	0.96	0.33	0.97	-0.13	-0.44
Total Stockholder Equity	0.86	0.71	0.92		0.77	0.74	-0.72	0.94	0.97	0.95	0.73	0.83	0.98	0.94	0.85	0.83	0.88	0.9	0.46	0.97	-0.36	-0.55
Retained Earnings	0.4	0.21	0.52	0.77		0.23	-0.4	0.55	0.65	0.63	0.23	0.37	0.68	0.67	0.68	0.39	0.86	0.5	0.46	0.67	-0.59	-0.41
Other Assets	0.96	0.97	0.91	0.74	0.23		-0.82	0.87	0.84	0.8	0.74	0.97	0.75	0.82	0.53	0.92	0.38	0.93	0.07	0.79	0.05	-0.4
Cash And Short Term Investments	-0.84	-0.81	-0.85	-0.72	-0.4	-0.82		-0.86	-0.84	-0.79	-0.71	-0.84	-0.71	-0.83	-0.59	-0.85	-0.49	-0.82	-0.2	-0.8	-0.27	0.4
Net Receivables	0.96	0.87	0.99	0.94	0.55	0.87	-0.86		0.99	0.98	0.83	0.95	0.96	0.97	0.74	0.95	0.76	0.94	0.36	0.98	-0.12	-0.44
Good Will	0.93	0.82	0.98	0.97	0.65	0.84	-0.84	0.99		0.97	0.77	0.92	0.96	0.99	0.75	0.91	0.8	0.93	0.33	0.98	-0.2	-0.43
Inventory	0.93	0.83	0.97	0.95	0.63	0.8	-0.79	0.98	0.97		0.81	0.92	0.98	0.95	0.81	0.94	0.84	0.93	0.51	1.0	-0.19	-0.48
Other Stockholder Equity	0.79	0.74	0.82	0.73	0.23	0.74	-0.71	0.83	0.77	0.81		0.78	0.8	0.7	0.71	0.81	0.56	0.81	0.54	0.79	0.06	-0.64
Total Liab	1.0	0.98	0.98	0.83	0.37	0.97	-0.84	0.95	0.92	0.92	0.78		0.87	0.9	0.64	0.98	0.57	0.96	0.23	0.9	0.0	-0.38
Total Current Assets	0.89	0.76	0.95	0.98	0.68	0.75	-0.71	0.96	0.96	0.98	0.8	0.87		0.94	0.82	0.88	0.88	0.9	0.51	0.99	-0.33	-0.51
Intangible Assets	0.92	0.8	0.96	0.94	0.67	0.82	-0.83	0.97	0.99	0.95	0.7	0.9	0.94		0.68	0.89	0.8	0.89	0.26	0.96	-0.24	-0.34
Common Stock	0.66	0.55	0.72	0.85	0.68	0.53	-0.59	0.74	0.75	0.81	0.71	0.64	0.82	0.68		0.69	0.77	0.8	0.73	0.8	-0.16	-0.79
Property Plant Equipment	0.98	0.96	0.97	0.83	0.39	0.92	-0.85	0.95	0.91	0.94	0.81	0.98	0.88	0.89	0.69		0.62	0.95	0.37	0.93	0.04	-0.41
Other Current Liab	0.6	0.41	0.72	0.88	0.86	0.38	-0.49	0.76	0.8	0.84	0.56	0.57	0.88	0.8	0.77	0.62		0.63	0.63	0.86	-0.5	-0.39
Other Liab	0.96	0.92	0.96	0.9	0.5	0.93	-0.82	0.94	0.93	0.93	0.81	0.96	0.9	0.89	0.8	0.95	0.63		0.37	0.92	-0.09	-0.61
Net Tangible Assets	0.25	0.17	0.33	0.46	0.46	0.07	-0.2	0.36	0.33	0.51	0.54	0.23	0.51	0.26	0.73	0.37	0.63	0.37		0.49	-0.19	-0.68
Accounts Payable	0.92	0.81	0.97	0.97	0.67	0.79	-0.8	0.98	0.98	1.0	0.79	0.9	0.99	0.96	0.8	0.93	0.86	0.92	0.49		-0.24	-0.48
Other Current Assets	-0.02	0.13	-0.13	-0.36	-0.59	0.05	-0.27	-0.12	-0.2	-0.19	0.06	0.0	-0.33	-0.24	-0.16	0.04	-0.5	-0.09	-0.19	-0.24		0.14
Long Term Debt	-0.4	-0.34	-0.44	-0.55	-0.41	-0.4	0.4	-0.44	-0.43	-0.48	-0.64	-0.38	-0.51	-0.34	-0.79	-0.41	-0.39	-0.61	-0.68	-0.48	0.14

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Axfood AB Account Relationship Matchups

Axfood AB fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.2B	17.3B	18.8B	23.7B	27.3B	18.4B
Total Current Liabilities	7.5B	8.2B	12.1B	12.7B	14.7B	9.6B
Total Stockholder Equity	4.3B	4.0B	4.3B	5.0B	5.7B	4.8B
Retained Earnings	3.3B	3.7B	4.2B	4.3B	5.0B	4.2B
Other Assets	243M	258M	352M	271M	311.7M	257.0M
Cash And Short Term Investments	1.6B	798M	1.5B	734M	660.6M	962.1M
Net Receivables	2.0B	2.0B	3.2B	3.6B	4.1B	2.6B
Inventory	2.4B	2.7B	3.1B	3.8B	4.4B	3.0B
Other Stockholder Equity	(30M)	(82M)	(39M)	46M	52.9M	55.5M
Total Liab	7.9B	13.3B	14.5B	18.8B	21.6B	13.6B
Total Current Assets	5.4B	6.4B	7.5B	8.5B	9.7B	7.3B
Intangible Assets	682M	705M	750M	1.4B	1.7B	946.7M
Property Plant Equipment	8.2B	8.6B	10.2B	14.3B	16.5B	8.3B
Other Current Liab	518M	666M	805M	1.1B	1.3B	851.6M
Other Liab	1.4B	1.5B	1.6B	1.6B	1.8B	1.6B
Net Tangible Assets	548M	812M	(343M)	1.6B	1.9B	2.0B
Accounts Payable	3.8B	4.4B	5.8B	7.2B	8.3B	5.5B

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C	Citigroup
GM	General Motors
F	Ford Motor

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Axfood Short Long Term Debt Total vs Common Stock Analysis

Short Long Term Debt Total vs Common Stock

Short Long Term Debt Total vs Common Stock Correlation Analysis

Correlation Coefficient

Short Long Term Debt Total

Common Stock

Axfood AB fundamental ratios Correlations

Axfood AB Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Axfood AB fundamental ratios Accounts

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Additional Tools for Axfood Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Inventory
Net Receivables	+ 0.99	Total Current Liabilities
Good Will	+ 0.99	Net Receivables
Intangible Assets	+ 0.99	Good Will
Accounts Payable	+ 0.99	Total Current Assets

Net Receivables	- 0.86	Cash And Short Term Investments
Property Plant Equipment	- 0.85	Cash And Short Term Investments
Cash And Short Term Investments	- 0.85	Total Current Liabilities
Total Liab	- 0.84	Cash And Short Term Investments
Good Will	- 0.84	Cash And Short Term Investments
Cash And Short Term Investments	- 0.84	Total Assets