Systemair Other Current Liab vs Other Stockholder Equity Analysis

0HDK Stock   92.10  0.80  0.88%   
Systemair financial indicator trend analysis is much more than just breaking down Systemair AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Systemair AB is a good investment. Please check the relationship between Systemair Other Current Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Systemair 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 board of governors.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Systemair AB Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Systemair's Other Current Liab and Other Stockholder Equity is -0.04. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Systemair AB, assuming nothing else is changed. The correlation between historical values of Systemair's Other Current Liab and Other Stockholder Equity 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 Current Liab of Systemair AB are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Systemair's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Other Stockholder Equity

Most indicators from Systemair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Systemair 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Systemair 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 board of governors.
Selling General Administrative is likely to gain to about 628.1 M in 2024, whereas Tax Provision is likely to drop slightly above 146.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense28.3M73.9M102.1M107.2M
Depreciation And Amortization369.7M412.9M413.8M434.5M

Systemair fundamental ratios Correlations

0.620.960.790.980.99-0.480.530.990.830.950.990.590.950.850.970.470.580.830.45-0.120.81.00.410.65-0.07
0.620.40.820.430.60.230.990.510.790.620.650.060.610.750.69-0.090.840.740.36-0.240.910.590.750.01-0.17
0.960.40.640.990.96-0.680.290.980.70.920.950.710.930.730.90.580.420.710.36-0.040.630.960.20.8-0.03
0.790.820.640.70.76-0.040.740.750.950.730.80.220.730.950.84-0.090.60.940.51-0.310.960.780.740.350.07
0.980.430.990.70.97-0.610.330.990.740.920.960.660.920.780.920.540.430.760.42-0.080.670.980.260.75-0.02
0.990.60.960.760.97-0.50.50.980.810.970.980.60.970.830.950.470.590.810.42-0.090.780.990.350.66-0.14
-0.480.23-0.68-0.04-0.61-0.50.3-0.55-0.07-0.49-0.48-0.91-0.49-0.1-0.42-0.660.09-0.080.13-0.150.01-0.480.28-0.93-0.04
0.530.990.290.740.330.50.30.410.70.520.570.00.510.660.61-0.090.810.650.34-0.250.840.50.77-0.09-0.18
0.990.510.980.750.990.98-0.550.410.780.930.980.610.940.810.950.510.470.780.41-0.180.720.980.340.720.01
0.830.790.70.950.740.81-0.070.70.780.760.820.20.750.990.82-0.080.710.980.6-0.180.960.830.540.36-0.05
0.950.620.920.730.920.97-0.490.520.930.760.960.611.00.790.920.460.620.750.29-0.060.770.940.360.64-0.14
0.990.650.950.80.960.98-0.480.570.980.820.960.60.960.840.980.460.60.810.38-0.180.810.980.440.66-0.06
0.590.060.710.220.660.6-0.910.00.610.20.610.60.610.250.580.650.090.19-0.130.120.20.580.00.86-0.13
0.950.610.930.730.920.97-0.490.510.940.751.00.960.610.790.920.460.610.750.29-0.070.760.940.360.64-0.13
0.850.750.730.950.780.83-0.10.660.810.990.790.840.250.790.83-0.050.680.980.57-0.150.950.850.520.39-0.06
0.970.690.90.840.920.95-0.420.610.950.820.920.980.580.920.830.430.540.810.38-0.260.820.950.570.63-0.01
0.47-0.090.58-0.090.540.47-0.66-0.090.51-0.080.460.460.650.46-0.050.43-0.07-0.07-0.030.03-0.090.46-0.080.49-0.07
0.580.840.420.60.430.590.090.810.470.710.620.60.090.610.680.54-0.070.660.30.060.80.560.280.06-0.41
0.830.740.710.940.760.81-0.080.650.780.980.750.810.190.750.980.81-0.070.660.66-0.120.940.840.520.36-0.03
0.450.360.360.510.420.420.130.340.410.60.290.38-0.130.290.570.38-0.030.30.660.20.490.50.26-0.03-0.06
-0.12-0.24-0.04-0.31-0.08-0.09-0.15-0.25-0.18-0.18-0.06-0.180.12-0.07-0.15-0.260.030.06-0.120.2-0.21-0.07-0.49-0.06-0.51
0.80.910.630.960.670.780.010.840.720.960.770.810.20.760.950.82-0.090.80.940.49-0.210.780.650.28-0.09
1.00.590.960.780.980.99-0.480.50.980.830.940.980.580.940.850.950.460.560.840.5-0.070.780.380.65-0.08
0.410.750.20.740.260.350.280.770.340.540.360.440.00.360.520.57-0.080.280.520.26-0.490.650.38-0.050.15
0.650.010.80.350.750.66-0.93-0.090.720.360.640.660.860.640.390.630.490.060.36-0.03-0.060.280.65-0.050.2
-0.07-0.17-0.030.07-0.02-0.14-0.04-0.180.01-0.05-0.14-0.06-0.13-0.13-0.06-0.01-0.07-0.41-0.03-0.06-0.51-0.09-0.080.150.2
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Systemair Account Relationship Matchups

Systemair fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1B7.0B8.5B9.6B9.8B10.3B
Short Long Term Debt Total2.3B1.8B2.4B1.8B1.5B1.3B
Other Current Liab695.5M742.5M836.4M1.1B1.3B1.4B
Total Current Liabilities2.6B2.3B3.1B3.4B3.2B1.8B
Total Stockholder Equity3.1B3.3B3.8B5.3B5.6B5.9B
Property Plant And Equipment Net2.0B2.1B2.3B2.5B2.7B2.9B
Current Deferred Revenue441.2M448.6M535.1M654.3M(2.5B)(2.3B)
Net Debt1.9B1.5B2.0B1.5B1.0B1.1B
Retained Earnings2.9B3.3B3.7B4.5B4.9B5.1B
Accounts Payable666.1M747.9M983.4M1.0B938.7M496.3M
Cash378.2M319.1M335.9M339.9M414.3M435.0M
Non Current Assets Total3.3B3.3B3.6B4.0B4.3B4.5B
Non Currrent Assets Other24.3M15.1M13.1M14.4M55.2M58.0M
Cash And Short Term Investments381.6M321.7M339.3M343.8M419.3M440.3M
Net Receivables1.8B1.9B2.2B2.8B2.5B1.3B
Good Will819.9M735.6M888.9M988.6M1.0B1.1B
Liabilities And Stockholders Equity7.1B7.0B8.5B9.6B9.8B10.3B
Non Current Liabilities Total1.4B1.3B1.5B930.1M946.8M739.5M
Inventory1.6B1.4B2.2B2.5B2.1B1.1B
Other Current Assets307.8M29M2.3B2.8B497.2M509.2M
Total Liab4.0B3.6B4.6B4.4B4.1B2.6B
Total Current Assets3.8B3.7B4.8B5.6B5.5B5.8B
Short Term Debt1.2B735.6M1.1B1.2B734.9M778.1M
Short Term Investments1M3.4M2.6M3.9M5M3.0M
Intangible Assets247.7M210.7M216.1M291.3M287.7M185.1M
Other Assets1.0214.5M187.2M161.5M185.7M181.4M
Accumulated Other Comprehensive Income117.8M(56.4M)62.7M668.7M711.9M747.5M
Long Term Debt690.7M1.1B942.3M847.1M974.2M851.3M
Property Plant Equipment1.8B2.0B2.1B2.3B2.7B2.1B
Other Liab288.6M271.9M259.9M275.7M248.1M219.5M
Net Tangible Assets2.0B2.4B2.7B4.0B4.6B2.6B
Deferred Long Term Liab5.8M4M2.1M300K270K256.5K

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