Tobii Total Current Liabilities vs Deferred Long Term Liab Analysis

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 Total Current Liabilities and its Deferred Long Term Liab 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.

Total Current Liabilities vs Deferred Long Term Liab

Total Current Liabilities vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tobii AB Total Current Liabilities account and Deferred Long Term Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Tobii AB's Total Current Liabilities and Deferred Long Term Liab is 0.02. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Deferred Long Term Liab 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 Total Current Liabilities and Deferred Long Term Liab 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 Liabilities of Tobii AB are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Current Liabilities i.e., Tobii AB's Total Current Liabilities and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Tobii AB balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tobii AB are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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
 2019 2020 2023 2024 (projected)
Gross Profit1.0B1.0B1.2B981.5M
Total Revenue1.5B1.4B1.6B1.4B

Tobii AB fundamental ratios Correlations

0.6-0.69-0.66-0.370.05-0.370.550.140.78-0.140.150.82-0.390.680.860.590.88-0.71-0.83-0.8-0.64-0.440.850.85
0.6-0.88-0.86-0.880.71-0.880.950.730.710.470.450.83-0.780.910.630.830.67-0.4-0.73-0.76-0.360.020.630.63
-0.69-0.880.990.87-0.470.87-0.84-0.73-0.74-0.12-0.23-0.960.87-0.97-0.84-0.76-0.820.720.80.820.590.33-0.84-0.84
-0.66-0.860.990.86-0.420.86-0.82-0.73-0.72-0.09-0.21-0.930.88-0.95-0.82-0.74-0.810.760.810.860.640.35-0.83-0.83
-0.37-0.880.870.86-0.661.0-0.9-0.92-0.62-0.4-0.45-0.750.92-0.91-0.49-0.7-0.550.440.530.630.370.1-0.5-0.5
0.050.71-0.47-0.42-0.66-0.660.790.610.10.90.550.41-0.390.510.070.720.010.24-0.1-0.210.360.620.070.08
-0.37-0.880.870.861.0-0.66-0.9-0.92-0.62-0.4-0.45-0.750.92-0.91-0.49-0.7-0.550.440.530.630.370.1-0.5-0.5
0.550.95-0.84-0.82-0.90.79-0.90.740.620.570.540.79-0.730.890.540.890.55-0.34-0.59-0.72-0.240.110.540.54
0.140.73-0.73-0.73-0.920.61-0.920.740.530.350.170.57-0.920.810.40.420.41-0.37-0.41-0.45-0.31-0.150.410.41
0.780.71-0.74-0.72-0.620.1-0.620.620.53-0.170.040.72-0.740.80.790.430.84-0.73-0.84-0.85-0.72-0.540.790.78
-0.140.47-0.12-0.09-0.40.9-0.40.570.35-0.170.640.1-0.060.21-0.260.52-0.240.540.160.090.540.78-0.27-0.26
0.150.45-0.23-0.21-0.450.55-0.450.540.170.040.640.26-0.10.28-0.180.630.010.230.07-0.090.20.45-0.18-0.18
0.820.83-0.96-0.93-0.750.41-0.750.790.570.720.10.26-0.740.930.880.770.88-0.71-0.81-0.79-0.57-0.340.880.89
-0.39-0.780.870.880.92-0.390.92-0.73-0.92-0.74-0.06-0.1-0.74-0.9-0.65-0.47-0.670.660.660.690.610.41-0.65-0.65
0.680.91-0.97-0.95-0.910.51-0.910.890.810.80.210.280.93-0.90.790.720.81-0.67-0.77-0.79-0.57-0.320.790.79
0.860.63-0.84-0.82-0.490.07-0.490.540.40.79-0.26-0.180.88-0.650.790.490.92-0.86-0.91-0.83-0.73-0.591.01.0
0.590.83-0.76-0.74-0.70.72-0.70.890.420.430.520.630.77-0.470.720.490.46-0.27-0.5-0.68-0.10.270.50.5
0.880.67-0.82-0.81-0.550.01-0.550.550.410.84-0.240.010.88-0.670.810.920.46-0.85-0.94-0.8-0.85-0.650.920.92
-0.71-0.40.720.760.440.240.44-0.34-0.37-0.730.540.23-0.710.66-0.67-0.86-0.27-0.850.790.780.920.83-0.87-0.86
-0.83-0.730.80.810.53-0.10.53-0.59-0.41-0.840.160.07-0.810.66-0.77-0.91-0.5-0.940.790.890.80.5-0.91-0.91
-0.8-0.760.820.860.63-0.210.63-0.72-0.45-0.850.09-0.09-0.790.69-0.79-0.83-0.68-0.80.780.890.680.36-0.84-0.83
-0.64-0.360.590.640.370.360.37-0.24-0.31-0.720.540.2-0.570.61-0.57-0.73-0.1-0.850.920.80.680.87-0.74-0.73
-0.440.020.330.350.10.620.10.11-0.15-0.540.780.45-0.340.41-0.32-0.590.27-0.650.830.50.360.87-0.59-0.58
0.850.63-0.84-0.83-0.50.07-0.50.540.410.79-0.27-0.180.88-0.650.791.00.50.92-0.87-0.91-0.84-0.74-0.591.0
0.850.63-0.84-0.83-0.50.08-0.50.540.410.78-0.26-0.180.89-0.650.791.00.50.92-0.86-0.91-0.83-0.73-0.581.0
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Tobii AB Account Relationship Matchups

Tobii AB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.6B1.7B1.9B1.6B
Total Current Liabilities476.8M475M294M397M456.6M401.8M
Total Stockholder Equity978.5M834.2M675.2M555.2M499.7M681.3M
Retained Earnings(959.8M)(1.1B)(1.1B)(1.2B)(1.1B)(1.1B)
Cash536.8M192.3M185.2M409.6M368.6M335.3M
Other Assets506.5M549M83M72M82.8M78.7M
Cash And Short Term Investments536.8M192.3M185.2M409.6M368.6M335.3M
Net Receivables231.3M281.1M263M202M232.3M232.5M
Good Will30M107M44.5M42.1M48.4M49.3M
Capital Surpluse1.6B1.6B1.6B1.6B1.9B1.8B
Inventory97.1M88M55M65M58.5M59.3M
Total Liab364.2M490.6M954.7M1.1B1.3B699.8M
Total Current Assets786.9M794M696M669M602.1M606.0M
Intangible Assets405.5M552.4M566.9M562.4M646.8M540.6M
Property Plant Equipment145.6M134M79M60M69M80.1M
Other Current Liab212.9M235M266M369M424.4M271.4M
Other Liab116.5M97M22M32M28.8M27.4M
Net Tangible Assets489.5M382M474M329M296.1M351.2M
Other Stockholder Equity(1.7M)3M(21M)(40M)(36M)(34.2M)

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