Austevoll Total Current Assets vs Good Will 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 Total Current Assets and its Good Will 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.

Total Current Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austevoll Seafood ASA Total Current Assets account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Austevoll Seafood's Total Current Assets and Good Will is 0.8. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will 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 Total Current Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Austevoll Seafood ASA are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Austevoll Seafood's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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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