FREYR Non Operating Income Net Other vs Total Operating Expenses Analysis

FREY Stock  USD 2.14  0.01  0.47%   
FREYR Battery financial indicator trend analysis is much more than just examining FREYR Battery SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FREYR Battery SA is a good investment. Please check the relationship between FREYR Battery Non Operating Income Net Other and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery 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 income.

Non Operating Income Net Other vs Total Operating Expenses

Non Operating Income Net Other vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FREYR Battery SA Non Operating Income Net Other account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FREYR Battery's Non Operating Income Net Other and Total Operating Expenses is -0.54. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of FREYR Battery SA, assuming nothing else is changed. The correlation between historical values of FREYR Battery's Non Operating Income Net Other and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of FREYR Battery SA are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Non Operating Income Net Other i.e., FREYR Battery's Non Operating Income Net Other and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Operating Income Net Other

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from FREYR Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FREYR Battery 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery 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 income.
At this time, FREYR Battery's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 303.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.5 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation120K478K2.1M2.2M
Cost Of Revenue120K478K4.7M4.9M

FREYR Battery fundamental ratios Correlations

0.840.870.910.940.860.880.73-0.84-0.840.690.850.2-0.010.86-0.420.930.910.80.920.940.880.690.8-0.350.93
0.840.760.850.910.860.990.92-0.79-0.980.940.82-0.010.280.83-0.780.910.910.630.930.920.830.440.92-0.660.93
0.870.760.970.910.730.840.72-0.78-0.820.610.8-0.020.060.8-0.360.870.810.980.870.910.860.760.83-0.290.87
0.910.850.970.950.780.910.82-0.77-0.910.750.790.080.090.8-0.470.960.860.910.950.960.860.650.9-0.460.95
0.940.910.910.950.940.950.78-0.91-0.910.740.93-0.070.290.94-0.470.950.980.810.981.00.950.730.84-0.380.99
0.860.860.730.780.940.870.62-0.96-0.790.640.97-0.230.480.97-0.40.830.990.60.90.930.950.740.65-0.230.92
0.880.990.840.910.950.870.91-0.82-0.980.910.85-0.030.260.86-0.730.940.930.730.950.950.880.530.93-0.610.96
0.730.920.720.820.780.620.91-0.52-0.970.980.560.210.030.58-0.870.870.710.620.840.790.610.180.98-0.860.82
-0.84-0.79-0.78-0.77-0.91-0.96-0.82-0.520.72-0.52-1.00.36-0.48-1.00.29-0.75-0.95-0.69-0.83-0.9-0.99-0.87-0.590.06-0.86
-0.84-0.98-0.82-0.91-0.91-0.79-0.98-0.970.72-0.95-0.75-0.07-0.18-0.770.78-0.95-0.86-0.71-0.94-0.92-0.79-0.41-0.970.72-0.94
0.690.940.610.750.740.640.910.98-0.52-0.950.560.170.120.58-0.920.840.720.490.810.760.590.120.94-0.880.8
0.850.820.80.790.930.970.850.56-1.0-0.750.56-0.340.471.0-0.340.780.960.710.850.920.990.850.63-0.110.88
0.2-0.01-0.020.08-0.07-0.23-0.030.210.36-0.070.17-0.34-0.86-0.32-0.120.17-0.16-0.010.04-0.06-0.28-0.390.19-0.410.01
-0.010.280.060.090.290.480.260.03-0.48-0.180.120.47-0.860.46-0.070.120.41-0.030.240.280.40.320.010.120.27
0.860.830.80.80.940.970.860.58-1.0-0.770.581.0-0.320.46-0.360.790.970.710.870.930.990.840.65-0.130.89
-0.42-0.78-0.36-0.47-0.47-0.4-0.73-0.870.290.78-0.92-0.34-0.12-0.07-0.36-0.56-0.46-0.25-0.54-0.48-0.350.13-0.790.89-0.52
0.930.910.870.960.950.830.940.87-0.75-0.950.840.780.170.120.79-0.560.90.770.990.960.820.530.91-0.580.98
0.910.910.810.860.980.990.930.71-0.95-0.860.720.96-0.160.410.97-0.460.90.690.950.970.960.720.75-0.320.97
0.80.630.980.910.810.60.730.62-0.69-0.710.490.71-0.01-0.030.71-0.250.770.690.760.820.790.760.75-0.190.76
0.920.930.870.950.980.90.950.84-0.83-0.940.810.850.040.240.87-0.540.990.950.760.990.890.60.88-0.511.0
0.940.920.910.961.00.930.950.79-0.9-0.920.760.92-0.060.280.93-0.480.960.970.820.990.950.720.85-0.40.99
0.880.830.860.860.950.950.880.61-0.99-0.790.590.99-0.280.40.99-0.350.820.960.790.890.950.860.69-0.150.91
0.690.440.760.650.730.740.530.18-0.87-0.410.120.85-0.390.320.840.130.530.720.760.60.720.860.320.340.64
0.80.920.830.90.840.650.930.98-0.59-0.970.940.630.190.010.65-0.790.910.750.750.880.850.690.32-0.770.87
-0.35-0.66-0.29-0.46-0.38-0.23-0.61-0.860.060.72-0.88-0.11-0.410.12-0.130.89-0.58-0.32-0.19-0.51-0.4-0.150.34-0.77-0.48
0.930.930.870.950.990.920.960.82-0.86-0.940.80.880.010.270.89-0.520.980.970.761.00.990.910.640.87-0.48
Click cells to compare fundamentals

FREYR Battery Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for FREYR Stock Analysis

When running FREYR Battery's price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.