Oatly Net Tangible Assets vs Current Deferred Revenue Analysis
OTLY Stock | USD 0.74 0.01 1.37% |
Oatly Group financial indicator trend analysis is much more than just breaking down Oatly Group AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oatly Group AB is a good investment. Please check the relationship between Oatly Group Net Tangible Assets and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oatly Group 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 bureau of economic analysis.
Net Tangible Assets vs Current Deferred Revenue
Net Tangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oatly Group AB Net Tangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Oatly Group's Net Tangible Assets and Current Deferred Revenue is 0.31. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Oatly Group AB, assuming nothing else is changed. The correlation between historical values of Oatly Group's Net Tangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Oatly Group AB are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Tangible Assets i.e., Oatly Group's Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Oatly Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oatly Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oatly Group 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 bureau of economic analysis. Tax Provision is likely to rise to about 6.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 314.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 26.7M | 48.6M | 51.7M | 32.6M | Interest Income | 1.8M | 2.1M | 12.7M | 13.3M |
Oatly Group fundamental ratios Correlations
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Oatly Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Oatly Group's price analysis, check to measure Oatly Group'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 Oatly Group is operating at the current time. Most of Oatly Group's value examination focuses on studying past and present price action to predict the probability of Oatly Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oatly Group's price. Additionally, you may evaluate how the addition of Oatly Group to your portfolios can decrease your overall portfolio volatility.