Austevoll Intangible Assets vs Cash And Short Term Investments Analysis

0DNW Stock   99.45  0.78  0.78%   
Austevoll Seafood financial indicator trend analysis is way more than just evaluating Austevoll Seafood ASA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Austevoll Seafood ASA is a good investment. Please check the relationship between Austevoll Seafood Intangible Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austevoll Seafood ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Cash And Short Term Investments

Intangible Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austevoll Seafood ASA Intangible Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Austevoll Seafood's Intangible Assets and Cash And Short Term Investments is -0.62. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Austevoll Seafood ASA, assuming nothing else is changed. The correlation between historical values of Austevoll Seafood's Intangible Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Austevoll Seafood ASA are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Intangible Assets i.e., Austevoll Seafood's Intangible Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Austevoll Seafood ASA balance sheet. This account contains Austevoll Seafood investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Austevoll Seafood ASA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Austevoll Seafood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austevoll Seafood ASA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Austevoll Seafood ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 175.3 M in 2024. Selling General Administrative is likely to drop to about 3.4 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income151M167M150.3M143.2M
Tax Provision558M205M184.5M175.3M

Austevoll Seafood fundamental ratios Correlations

0.940.760.970.920.680.91-0.920.680.920.84-0.60.520.730.910.970.810.770.35-0.720.780.960.620.740.840.75
0.940.850.860.890.720.77-0.870.720.850.86-0.630.470.80.760.970.830.830.49-0.710.840.910.690.80.870.8
0.760.850.640.860.460.59-0.640.460.840.75-0.480.730.740.480.830.960.780.67-0.520.770.770.850.930.850.95
0.970.860.640.910.680.97-0.880.680.90.71-0.470.430.670.950.890.710.610.24-0.630.620.960.540.610.760.65
0.920.890.860.910.630.87-0.80.630.960.7-0.420.60.810.780.890.90.650.49-0.550.650.980.810.780.860.87
0.680.720.460.680.630.62-0.591.00.520.65-0.53-0.150.750.690.650.490.590.01-0.620.610.660.450.540.620.52
0.910.770.590.970.870.62-0.810.620.860.61-0.380.440.560.910.810.660.510.23-0.550.520.920.470.540.690.58
-0.92-0.87-0.64-0.88-0.8-0.59-0.81-0.59-0.82-0.820.78-0.47-0.73-0.86-0.92-0.7-0.73-0.250.88-0.76-0.86-0.51-0.65-0.89-0.64
0.680.720.460.680.631.00.62-0.590.520.65-0.53-0.150.750.690.650.490.590.01-0.620.610.660.450.540.620.52
0.920.850.840.90.960.520.86-0.820.520.75-0.470.710.720.820.890.920.690.38-0.590.690.930.750.830.850.89
0.840.860.750.710.70.650.61-0.820.650.75-0.840.480.690.710.920.80.980.28-0.870.990.690.570.870.820.75
-0.6-0.63-0.48-0.47-0.42-0.53-0.380.78-0.53-0.47-0.84-0.26-0.66-0.52-0.69-0.52-0.8-0.090.98-0.84-0.43-0.36-0.63-0.77-0.49
0.520.470.730.430.6-0.150.44-0.47-0.150.710.48-0.260.30.290.580.760.50.61-0.290.490.510.610.650.560.68
0.730.80.740.670.810.750.56-0.730.750.720.69-0.660.30.580.740.770.650.39-0.710.690.760.840.750.90.81
0.910.760.480.950.780.690.91-0.860.690.820.71-0.520.290.580.820.590.59-0.06-0.680.60.850.360.550.680.56
0.970.970.830.890.890.650.81-0.920.650.890.92-0.690.580.740.820.850.880.42-0.780.880.90.650.830.870.8
0.810.830.960.710.90.490.66-0.70.490.920.8-0.520.760.770.590.850.80.55-0.580.790.80.890.960.870.98
0.770.830.780.610.650.590.51-0.730.590.690.98-0.80.50.650.590.880.80.35-0.81.00.610.590.890.770.76
0.350.490.670.240.490.010.23-0.250.010.380.28-0.090.610.39-0.060.420.550.35-0.080.340.430.660.410.410.48
-0.72-0.71-0.52-0.63-0.55-0.62-0.550.88-0.62-0.59-0.870.98-0.29-0.71-0.68-0.78-0.58-0.8-0.08-0.85-0.58-0.41-0.65-0.83-0.54
0.780.840.770.620.650.610.52-0.760.610.690.99-0.840.490.690.60.880.791.00.34-0.850.620.60.880.80.76
0.960.910.770.960.980.660.92-0.860.660.930.69-0.430.510.760.850.90.80.610.43-0.580.620.690.680.830.77
0.620.690.850.540.810.450.47-0.510.450.750.57-0.360.610.840.360.650.890.590.66-0.410.60.690.80.760.9
0.740.80.930.610.780.540.54-0.650.540.830.87-0.630.650.750.550.830.960.890.41-0.650.880.680.80.850.96
0.840.870.850.760.860.620.69-0.890.620.850.82-0.770.560.90.680.870.870.770.41-0.830.80.830.760.850.86
0.750.80.950.650.870.520.58-0.640.520.890.75-0.490.680.810.560.80.980.760.48-0.540.760.770.90.960.86
Click cells to compare fundamentals

Austevoll Seafood Account Relationship Matchups

Austevoll Seafood fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.3B38.0B39.8B39.7B45.7B41.3B
Short Long Term Debt Total7.3B7.0B7.6B7.8B9.0B8.1B
Total Current Liabilities5.4B5.6B6.0B7.5B8.7B6.3B
Total Stockholder Equity9.8B11.7B12.3B12.1B13.9B12.1B
Retained Earnings7.2B7.2B9.5B11.5B13.2B8.1B
Cash5.1B4.3B4.1B4.3B4.9B4.7B
Other Assets192M222M167.9M223.3M256.9M185.2M
Long Term Debt6.5B6.0B5.6B5.7B5.1B4.8B
Cash And Short Term Investments5.1B4.3B4.1B4.3B4.9B4.7B
Net Receivables3.2B2.6B3.1B3.7B4.2B3.1B
Good Will1.9B2.0B2.0B2.0B2.3B2.2B
Inventory7.3B6.7B8.1B10.9B12.6B7.8B
Other Current Assets73M103M112M8.0B9.2B9.6B
Other Stockholder Equity1.0B1.2B1.3B1.1B1.3B1.2B
Total Liab25.5B26.3B27.6B27.6B31.8B29.2B
Total Current Assets14.9B14.0B16.5B18.9B21.8B17.0B
Short Term Debt450M441M255M1.1B1.2B656.5M
Intangible Assets9.7B9.5B9.5B9.5B8.6B7.7B
Property Plant Equipment11.0B11.5B12.3B13.5B15.5B11.2B
Other Current Liab579M672M2.2B2.2B2.5B1.5B
Other Liab3.5B3.3B3.5B4.0B4.5B3.9B
Net Tangible Assets849M641M1.6B3.3B3.8B4.0B
Accounts Payable1.7B1.4B1.9B2.4B2.7B2.0B

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Additional Tools for Austevoll Stock Analysis

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