Kinnevik Other Current Assets vs Net Receivables Analysis

0RH1 Stock   75.76  0.46  0.61%   
Kinnevik Investment financial indicator trend analysis is infinitely more than just investigating Kinnevik Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinnevik Investment is a good investment. Please check the relationship between Kinnevik Investment Other Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kinnevik Investment 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.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinnevik Investment Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kinnevik Investment's Other Current Assets and Net Receivables is -0.17. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Kinnevik Investment AB, assuming nothing else is changed. The correlation between historical values of Kinnevik Investment's Other Current Assets and Net Receivables 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 Assets of Kinnevik Investment AB are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Kinnevik Investment's Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

Most indicators from Kinnevik Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinnevik Investment 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 Kinnevik Investment 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.
Selling General Administrative is likely to gain to about 498.7 M in 2024, whereas Tax Provision is likely to drop slightly above 5.5 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Income25M136M156.4M164.2M
Tax Provision832M5M5.8M5.5M

Kinnevik Investment fundamental ratios Correlations

1.0-0.010.99-0.69-0.230.640.740.7-0.3-0.27-0.75-0.64-0.42-0.7-0.2-0.440.98-0.720.09-0.25-0.71-0.14-0.49-0.330.18
1.0-0.080.99-0.68-0.20.630.730.69-0.39-0.31-0.74-0.69-0.43-0.73-0.17-0.450.99-0.730.07-0.29-0.73-0.17-0.54-0.310.21
-0.01-0.08-0.030.010.030.250.090.080.710.78-0.090.360.390.490.30.43-0.120.35-0.24-0.190.35-0.110.180.38-0.13
0.990.99-0.03-0.68-0.290.650.770.73-0.32-0.28-0.78-0.68-0.43-0.73-0.21-0.470.97-0.760.04-0.23-0.75-0.12-0.47-0.330.21
-0.69-0.680.01-0.680.16-0.51-0.54-0.530.090.130.550.340.420.520.340.23-0.650.51-0.090.190.550.380.290.49-0.27
-0.23-0.20.03-0.290.16-0.44-0.62-0.66-0.050.20.610.420.120.410.50.75-0.130.6-0.12-0.70.62-0.55-0.360.360.06
0.640.630.250.65-0.51-0.440.90.93-0.080.11-0.91-0.6-0.28-0.65-0.09-0.40.5-0.73-0.03-0.23-0.710.04-0.44-0.140.05
0.740.730.090.77-0.54-0.620.90.99-0.17-0.11-1.0-0.74-0.37-0.8-0.27-0.620.62-0.90.03-0.04-0.890.2-0.39-0.330.07
0.70.690.080.73-0.53-0.660.930.99-0.16-0.12-0.99-0.72-0.36-0.79-0.3-0.630.57-0.890.050.0-0.880.21-0.35-0.340.08
-0.3-0.390.71-0.320.09-0.05-0.08-0.17-0.160.510.180.750.180.61-0.140.38-0.40.460.210.270.410.220.61-0.02-0.36
-0.27-0.310.78-0.280.130.20.11-0.11-0.120.510.110.340.440.520.560.5-0.340.48-0.36-0.260.52-0.220.130.7-0.24
-0.75-0.74-0.09-0.780.550.61-0.91-1.0-0.990.180.110.740.380.810.270.61-0.630.9-0.020.060.89-0.170.40.33-0.09
-0.64-0.690.36-0.680.340.42-0.6-0.74-0.720.750.340.740.210.850.010.72-0.630.840.10.110.79-0.060.610.09-0.21
-0.42-0.430.39-0.430.420.12-0.28-0.37-0.360.180.440.380.210.570.410.18-0.40.52-0.140.090.54-0.030.170.480.16
-0.7-0.730.49-0.730.520.41-0.65-0.8-0.790.610.520.810.850.570.330.69-0.660.96-0.120.10.95-0.110.580.46-0.18
-0.2-0.170.3-0.210.340.5-0.09-0.27-0.3-0.140.560.270.010.410.330.39-0.160.41-0.38-0.490.49-0.39-0.250.86-0.07
-0.44-0.450.43-0.470.230.75-0.4-0.62-0.630.380.50.610.720.180.690.39-0.410.76-0.46-0.550.76-0.570.090.390.13
0.980.99-0.120.97-0.65-0.130.50.620.57-0.4-0.34-0.63-0.63-0.4-0.66-0.16-0.41-0.650.08-0.28-0.64-0.21-0.5-0.30.22
-0.72-0.730.35-0.760.510.6-0.73-0.9-0.890.460.480.90.840.520.960.410.76-0.65-0.14-0.050.99-0.240.430.51-0.16
0.090.07-0.240.04-0.09-0.12-0.030.030.050.21-0.36-0.020.1-0.14-0.12-0.38-0.460.08-0.140.47-0.180.570.08-0.45-0.48
-0.25-0.29-0.19-0.230.19-0.7-0.23-0.040.00.27-0.260.060.110.090.1-0.49-0.55-0.28-0.050.47-0.090.70.74-0.32-0.31
-0.71-0.730.35-0.750.550.62-0.71-0.89-0.880.410.520.890.790.540.950.490.76-0.640.99-0.18-0.09-0.250.390.59-0.17
-0.14-0.17-0.11-0.120.38-0.550.040.20.210.22-0.22-0.17-0.06-0.03-0.11-0.39-0.57-0.21-0.240.570.7-0.250.27-0.22-0.55
-0.49-0.540.18-0.470.29-0.36-0.44-0.39-0.350.610.130.40.610.170.58-0.250.09-0.50.430.080.740.390.27-0.07-0.19
-0.33-0.310.38-0.330.490.36-0.14-0.33-0.34-0.020.70.330.090.480.460.860.39-0.30.51-0.45-0.320.59-0.22-0.07-0.3
0.180.21-0.130.21-0.270.060.050.070.08-0.36-0.24-0.09-0.210.16-0.18-0.070.130.22-0.16-0.48-0.31-0.17-0.55-0.19-0.3
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Kinnevik Investment Account Relationship Matchups

Kinnevik Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.3B115.7B78.6B57.7B53.5B67.5B
Total Stockholder Equity73.3B111.7B72.4B52.9B48.2B59.9B
Property Plant And Equipment Net62M50M52M47M107M101.7M
Non Current Assets Total78.0B111.5B74.3B54.2B50.9B71.0B
Non Currrent Assets Other(78.0B)(111.5B)(74.3B)(54.2B)(50.9B)(53.5B)
Other Assets78M97M552M450M(9.6B)(9.1B)
Common Stock Shares Outstanding276.5M277.3M278.2M279.5M281.0M280.1M
Liabilities And Stockholders Equity78.3B115.7B78.6B57.7B53.5B67.5B
Total Liab5.0B4.1B6.2B4.8B5.4B5.5B
Short Long Term Debt Total4.8B2.9B4.7B3.5B3.5B3.2B
Other Current Liab(3.4B)(862M)(1.2B)(21M)(17M)(17.9M)
Total Current Liabilities24M30M33M21M941M718.0M
Current Deferred Revenue(3.4B)(2.9B)(1.2B)(3.5B)(3.5B)(3.3B)
Net Debt4.6B(820M)834M378M(2.4B)(2.3B)
Retained Earnings64.4B102.8B63.5B44.0B39.3B56.3B
Accounts Payable24M30M33M21M17M16.2M
Cash223M3.7B3.9B3.1B2.4B1.3B
Cash And Short Term Investments223M3.7B3.9B3.1B12.0B12.5B
Short Term Investments3.7B3.9B6.7B10.7B9.6B10.1B
Non Current Liabilities Total4.8B2.9B4.7B21M9.8B10.3B
Other Current Assets(3.9B)(7.6B)(10.5B)(13.8B)218M207.1M
Total Current Assets223M3.7B3.9B3.1B12.2B12.8B
Short Term Debt3.4B2.9B1.2B3.5B3.5B1.8B
Accumulated Other Comprehensive Income73.3B111.7B72.4B52.9B48.2B60.1B
Other Liab45M912M883M1.3B1.5B1.6B
Net Tangible Assets73.3B111.7B72.4B52.9B47.6B62.9B
Property Plant Equipment62M59M52M47M42.3M44.3M

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