METRO Inventory vs Other Liab Analysis

0RTE Stock   4.25  0.01  0.23%   
METRO AG financial indicator trend analysis is infinitely more than just investigating METRO AG recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether METRO AG is a good investment. Please check the relationship between METRO AG Inventory and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in METRO 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.

Inventory vs Other Liab

Inventory vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of METRO AG Inventory account and Other Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between METRO AG's Inventory and Other Liab is 0.12. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Liab in the same time period over historical financial statements of METRO AG, assuming nothing else is changed. The correlation between historical values of METRO AG's Inventory and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of METRO AG are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Inventory i.e., METRO AG's Inventory and Other Liab go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Other Liab

Most indicators from METRO AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into METRO 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 METRO 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.
At this time, METRO AG's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 731.7 M in 2024, whereas Tax Provision is likely to drop slightly above 72.7 M in 2024.
 2019 2023 2024 (projected)
Interest Income134M65.6M92.4M
Tax Provision108M76.5M72.7M

METRO AG fundamental ratios Correlations

-0.820.730.960.87-0.360.90.870.71-0.840.980.810.84-0.22-0.840.990.55-0.970.620.810.590.520.910.82
-0.82-0.53-0.86-0.690.51-0.71-0.59-0.270.62-0.74-0.44-0.70.310.65-0.76-0.350.87-0.31-0.41-0.35-0.09-0.87-0.74
0.73-0.530.710.5-0.330.760.740.48-0.510.740.530.520.43-0.450.720.95-0.680.480.70.950.390.710.67
0.96-0.860.710.88-0.280.810.890.54-0.830.960.710.8-0.24-0.850.910.54-0.960.390.710.610.390.930.71
0.87-0.690.50.880.10.640.720.71-0.970.880.880.93-0.54-0.990.820.26-0.860.330.810.420.260.820.65
-0.360.51-0.33-0.280.1-0.55-0.26-0.01-0.08-0.250.080.02-0.29-0.11-0.4-0.380.39-0.530.0-0.17-0.38-0.27-0.42
0.9-0.710.760.810.64-0.550.790.68-0.680.870.690.60.02-0.630.930.64-0.860.760.750.620.690.70.75
0.87-0.590.740.890.72-0.260.790.56-0.710.940.660.570.03-0.710.830.7-0.840.430.730.740.670.740.51
0.71-0.270.480.540.71-0.010.680.56-0.780.720.950.73-0.25-0.730.780.3-0.630.780.950.380.620.490.65
-0.840.62-0.51-0.83-0.97-0.08-0.68-0.71-0.78-0.87-0.93-0.880.50.99-0.82-0.270.86-0.39-0.87-0.44-0.37-0.72-0.59
0.98-0.740.740.960.88-0.250.870.940.72-0.870.830.81-0.19-0.870.960.59-0.950.550.850.660.570.870.72
0.81-0.440.530.710.880.080.690.660.95-0.930.830.87-0.39-0.90.840.3-0.760.620.970.440.490.650.67
0.84-0.70.520.80.930.020.60.570.73-0.880.810.87-0.5-0.90.830.25-0.810.450.80.360.120.870.83
-0.220.310.43-0.24-0.54-0.290.020.03-0.250.5-0.19-0.39-0.50.57-0.190.670.280.06-0.140.530.18-0.21-0.12
-0.840.65-0.45-0.85-0.99-0.11-0.63-0.71-0.730.99-0.87-0.9-0.90.57-0.8-0.210.86-0.32-0.82-0.38-0.3-0.76-0.59
0.99-0.760.720.910.82-0.40.930.830.78-0.820.960.840.83-0.19-0.80.54-0.930.740.850.560.580.860.86
0.55-0.350.950.540.26-0.380.640.70.3-0.270.590.30.250.67-0.210.54-0.50.390.520.960.440.520.46
-0.970.87-0.68-0.96-0.860.39-0.86-0.84-0.630.86-0.95-0.76-0.810.280.86-0.93-0.5-0.5-0.76-0.56-0.44-0.88-0.75
0.62-0.310.480.390.33-0.530.760.430.78-0.390.550.620.450.06-0.320.740.39-0.50.670.290.690.40.73
0.81-0.410.70.710.810.00.750.730.95-0.870.850.970.8-0.14-0.820.850.52-0.760.670.630.570.650.69
0.59-0.350.950.610.42-0.170.620.740.38-0.440.660.440.360.53-0.380.560.96-0.560.290.630.410.550.42
0.52-0.090.390.390.26-0.380.690.670.62-0.370.570.490.120.18-0.30.580.44-0.440.690.570.410.150.21
0.91-0.870.710.930.82-0.270.70.740.49-0.720.870.650.87-0.21-0.760.860.52-0.880.40.650.550.150.85
0.82-0.740.670.710.65-0.420.750.510.65-0.590.720.670.83-0.12-0.590.860.46-0.750.730.690.420.210.85
Click cells to compare fundamentals

METRO AG Account Relationship Matchups

METRO AG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities9.8B5.6B6.3B6.7B6.0B6.1B
Retained Earnings(3.2B)(1.9B)(2.2B)(2.4B)(2.2B)(2.3B)
Other Assets580M545M594M525M472.5M464.3M
Net Receivables1.2B1.1B1.0B1.2B1.4B1.2B
Inventory1.9B1.9B2.0B2.5B2.2B1.8B
Other Current Assets5.3B304M273M578M520.2M494.2M
Other Stockholder Equity5.1B3.6B3.7B4.4B5.0B3.9B
Total Current Assets9.0B4.9B4.8B5.1B4.6B5.1B
Property Plant Equipment6.6B5.9B5.8B5.8B5.2B4.8B
Other Current Liab4.5B918M1.0B998M898.2M1.6B
Other Liab887M965M847M748M673.2M685.6M
Net Tangible Assets967M724M614M1.1B1.0B826.6M
Accounts Payable3.6B3.2B3.5B3.9B3.5B2.9B

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