Austevoll Total Stockholder Equity vs Net Tangible Assets 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 Stockholder Equity and its Net Tangible Assets 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 Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austevoll Seafood ASA Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Austevoll Seafood's Total Stockholder Equity and Net Tangible Assets is 0.76. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets 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 Stockholder Equity and Net Tangible Assets 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 Stockholder Equity of Austevoll Seafood ASA are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Austevoll Seafood's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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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