| 0R6W Stock | | | 1.51 0.16 9.58% |
Tobii AB financial indicator trend analysis is much more than just breaking down Tobii AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tobii AB is a good investment. Please check the relationship between Tobii AB Long Term Debt and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tobii 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.
Long Term Debt vs Retained Earnings
Long Term Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tobii AB Long Term Debt account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Tobii AB's Long Term Debt and Retained Earnings is -0.83. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Tobii AB, assuming nothing else is changed. The correlation between historical values of Tobii AB's Long Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tobii AB are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt i.e., Tobii AB's Long Term Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Tobii AB has held for over one year. Long-term debt appears on Tobii AB balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tobii AB balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Tobii AB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tobii 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 Tobii 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.
Tax Provision is likely to gain to about (32.4
M) in 2024.
Selling General Administrative is likely to drop to about 705.5
M in 2024
Tobii AB fundamental ratios Correlations
Click cells to compare fundamentals
Tobii AB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tobii AB fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Tobii Stock Analysis
When running Tobii AB's price analysis, check to
measure Tobii AB'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 Tobii AB is operating at the current time. Most of Tobii AB's value examination focuses on studying past and present price action to
predict the probability of Tobii AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tobii AB's price. Additionally, you may evaluate how the addition of Tobii AB to your portfolios can decrease your overall portfolio volatility.