FREYR Retained Earnings vs Accounts Payable Analysis

FREY Stock

USD 2.23 0.22 8.98%

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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FREYR Battery SA Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.

The correlation between FREYR Battery's Retained Earnings and Accounts Payable is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of FREYR Battery SA are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., FREYR Battery's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents FREYR Battery obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FREYR Battery SA are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Depreciation	120K	478K	2.1M	2.2M
Cost Of Revenue	120K	478K	4.7M	4.9M

Reconciled Depreciation Cost Of Revenue

FREYR Battery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Invested Capital
Total Assets		0.84	0.87	0.91	0.94	0.86	0.88	0.73	-0.84	-0.84	0.69	0.85	0.2	-0.01	0.86	-0.42	0.93	0.91	0.8	0.92	0.94	0.88	0.69	0.8	-0.35	0.93
Short Long Term Debt Total	0.84		0.76	0.85	0.91	0.86	0.99	0.92	-0.79	-0.98	0.94	0.82	-0.01	0.28	0.83	-0.78	0.91	0.91	0.63	0.93	0.92	0.83	0.44	0.92	-0.66	0.93
Other Current Liab	0.87	0.76		0.97	0.91	0.73	0.84	0.72	-0.78	-0.82	0.61	0.8	-0.02	0.06	0.8	-0.36	0.87	0.81	0.98	0.87	0.91	0.86	0.76	0.83	-0.29	0.87
Total Current Liabilities	0.91	0.85	0.97		0.95	0.78	0.91	0.82	-0.77	-0.91	0.75	0.79	0.08	0.09	0.8	-0.47	0.96	0.86	0.91	0.95	0.96	0.86	0.65	0.9	-0.46	0.95
Total Stockholder Equity	0.94	0.91	0.91	0.95		0.94	0.95	0.78	-0.91	-0.91	0.74	0.93	-0.07	0.29	0.94	-0.47	0.95	0.98	0.81	0.98	1.0	0.95	0.73	0.84	-0.38	0.99
Other Liab	0.86	0.86	0.73	0.78	0.94		0.87	0.62	-0.96	-0.79	0.64	0.97	-0.23	0.48	0.97	-0.4	0.83	0.99	0.6	0.9	0.93	0.95	0.74	0.65	-0.23	0.92
Net Tangible Assets	0.88	0.99	0.84	0.91	0.95	0.87		0.91	-0.82	-0.98	0.91	0.85	-0.03	0.26	0.86	-0.73	0.94	0.93	0.73	0.95	0.95	0.88	0.53	0.93	-0.61	0.96
Property Plant And Equipment Net	0.73	0.92	0.72	0.82	0.78	0.62	0.91		-0.52	-0.97	0.98	0.56	0.21	0.03	0.58	-0.87	0.87	0.71	0.62	0.84	0.79	0.61	0.18	0.98	-0.86	0.82
Net Debt	-0.84	-0.79	-0.78	-0.77	-0.91	-0.96	-0.82	-0.52		0.72	-0.52	-1.0	0.36	-0.48	-1.0	0.29	-0.75	-0.95	-0.69	-0.83	-0.9	-0.99	-0.87	-0.59	0.06	-0.86
Retained Earnings	-0.84	-0.98	-0.82	-0.91	-0.91	-0.79	-0.98	-0.97	0.72		-0.95	-0.75	-0.07	-0.18	-0.77	0.78	-0.95	-0.86	-0.71	-0.94	-0.92	-0.79	-0.41	-0.97	0.72	-0.94
Accounts Payable	0.69	0.94	0.61	0.75	0.74	0.64	0.91	0.98	-0.52	-0.95		0.56	0.17	0.12	0.58	-0.92	0.84	0.72	0.49	0.81	0.76	0.59	0.12	0.94	-0.88	0.8
Cash	0.85	0.82	0.8	0.79	0.93	0.97	0.85	0.56	-1.0	-0.75	0.56		-0.34	0.47	1.0	-0.34	0.78	0.96	0.71	0.85	0.92	0.99	0.85	0.63	-0.11	0.88
Non Current Assets Total	0.2	-0.01	-0.02	0.08	-0.07	-0.23	-0.03	0.21	0.36	-0.07	0.17	-0.34		-0.86	-0.32	-0.12	0.17	-0.16	-0.01	0.04	-0.06	-0.28	-0.39	0.19	-0.41	0.01
Non Currrent Assets Other	-0.01	0.28	0.06	0.09	0.29	0.48	0.26	0.03	-0.48	-0.18	0.12	0.47	-0.86		0.47	-0.07	0.12	0.41	-0.03	0.24	0.28	0.4	0.32	0.01	0.12	0.27
Cash And Short Term Investments	0.86	0.83	0.8	0.8	0.94	0.97	0.86	0.58	-1.0	-0.77	0.58	1.0	-0.32	0.47		-0.35	0.79	0.97	0.71	0.87	0.93	0.99	0.84	0.64	-0.13	0.89
Net Receivables	-0.42	-0.78	-0.36	-0.47	-0.47	-0.4	-0.73	-0.87	0.29	0.78	-0.92	-0.34	-0.12	-0.07	-0.35		-0.56	-0.46	-0.25	-0.54	-0.48	-0.35	0.13	-0.79	0.89	-0.52
Common Stock Shares Outstanding	0.93	0.91	0.87	0.96	0.95	0.83	0.94	0.87	-0.75	-0.95	0.84	0.78	0.17	0.12	0.79	-0.56		0.9	0.77	0.99	0.96	0.82	0.53	0.91	-0.58	0.98
Non Current Liabilities Total	0.91	0.91	0.81	0.86	0.98	0.99	0.93	0.71	-0.95	-0.86	0.72	0.96	-0.16	0.41	0.97	-0.46	0.9		0.69	0.95	0.97	0.96	0.72	0.75	-0.32	0.97
Other Current Assets	0.8	0.63	0.98	0.91	0.81	0.6	0.73	0.62	-0.69	-0.71	0.49	0.71	-0.01	-0.03	0.71	-0.25	0.77	0.69		0.76	0.82	0.79	0.76	0.75	-0.19	0.76
Other Stockholder Equity	0.92	0.93	0.87	0.95	0.98	0.9	0.95	0.84	-0.83	-0.94	0.81	0.85	0.04	0.24	0.87	-0.54	0.99	0.95	0.76		0.99	0.89	0.6	0.88	-0.51	1.0
Total Liab	0.94	0.92	0.91	0.96	1.0	0.93	0.95	0.79	-0.9	-0.92	0.76	0.92	-0.06	0.28	0.93	-0.48	0.96	0.97	0.82	0.99		0.95	0.72	0.85	-0.4	0.99
Total Current Assets	0.88	0.83	0.86	0.86	0.95	0.95	0.88	0.61	-0.99	-0.79	0.59	0.99	-0.28	0.4	0.99	-0.35	0.82	0.96	0.79	0.89	0.95		0.86	0.69	-0.15	0.91
Common Stock	0.69	0.44	0.76	0.65	0.73	0.74	0.53	0.18	-0.87	-0.41	0.12	0.85	-0.39	0.32	0.84	0.13	0.53	0.72	0.76	0.6	0.72	0.86		0.32	0.34	0.64
Property Plant Equipment	0.8	0.92	0.83	0.9	0.84	0.65	0.93	0.98	-0.59	-0.97	0.94	0.63	0.19	0.01	0.64	-0.79	0.91	0.75	0.75	0.88	0.85	0.69	0.32		-0.77	0.87
Current Deferred Revenue	-0.35	-0.66	-0.29	-0.46	-0.38	-0.23	-0.61	-0.86	0.06	0.72	-0.88	-0.11	-0.41	0.12	-0.13	0.89	-0.58	-0.32	-0.19	-0.51	-0.4	-0.15	0.34	-0.77		-0.48
Net Invested Capital	0.93	0.93	0.87	0.95	0.99	0.92	0.96	0.82	-0.86	-0.94	0.8	0.88	0.01	0.27	0.89	-0.52	0.98	0.97	0.76	1.0	0.99	0.91	0.64	0.87	-0.48

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FREYR Battery Account Relationship Matchups

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FREYR Retained Earnings vs Accounts Payable Analysis

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

Correlation Coefficient

Retained Earnings

Accounts Payable

FREYR Battery fundamental ratios Correlations

FREYR Battery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for FREYR Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Net Invested Capital	+ 1.0	Other Stockholder Equity
Net Tangible Assets	+ 0.99	Short Long Term Debt Total
Net Invested Capital	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Other Liab

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Retained Earnings	- 0.98	Net Tangible Assets
Retained Earnings	- 0.98	Short Long Term Debt Total
Property Plant Equipment	- 0.97	Retained Earnings