Austevoll Short Term Debt vs Accounts Payable 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 Short Term Debt and its Accounts Payable 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.

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austevoll Seafood ASA Short Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Austevoll Seafood's Short Term Debt and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable 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 Short Term Debt 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 Short Term Debt of Austevoll Seafood ASA 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 Short Term Debt i.e., Austevoll Seafood's Short Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Accounts Payable

An accounting item on the balance sheet that represents Austevoll Seafood 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 Austevoll Seafood ASA 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 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
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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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