Oatly Other Liab vs Other Current Liab Analysis
OTLY Stock | USD 0.70 0.03 4.48% |
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 Other Liab and its Other Current Liab 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.
Other Liab vs Other Current Liab
Other Liab vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oatly Group AB Other Liab account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oatly Group's Other Liab and Other Current Liab is 0.86. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab 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 Other Liab and Other Current 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 Other Liab of Oatly Group AB are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Oatly Group's Other Liab and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Liab
Other Current Liab
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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