Oatly Other Operating Expenses vs Operating Income 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 Other Operating Expenses and its Operating Income 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 Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oatly Group AB Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Oatly Group's Other Operating Expenses and Operating Income is -0.96. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income 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 Operating Expenses and Operating Income 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 Operating Expenses of Oatly Group AB are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Oatly Group's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Oatly Group AB. It is also known as Oatly Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Oatly Group AB operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Oatly Group AB is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.