FREYR Cash vs Property Plant Equipment Analysis

FREY Stock  USD 2.07  0.07  3.27%   
FREYR Battery financial indicator trend analysis is much more than just examining FREYR Battery SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FREYR Battery SA is a good investment. Please check the relationship between FREYR Battery Cash and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Cash vs Property Plant Equipment

Cash vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FREYR Battery SA Cash account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between FREYR Battery's Cash and Property Plant Equipment is 0.63. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of FREYR Battery SA, assuming nothing else is changed. The correlation between historical values of FREYR Battery's Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of FREYR Battery SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., FREYR Battery's Cash and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of FREYR Battery SA, which is listed under current asset account on FREYR Battery SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FREYR Battery customers. The amounts must be unrestricted with restricted cash listed in a different FREYR Battery account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant Equipment

Most indicators from FREYR Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FREYR Battery SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, FREYR Battery's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 303.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.5 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation120K478K2.1M2.2M
Cost Of Revenue120K478K4.7M4.9M

FREYR Battery fundamental ratios Correlations

0.840.870.910.940.860.880.73-0.84-0.840.690.850.2-0.010.86-0.420.930.910.80.920.940.880.690.8-0.350.93
0.840.760.850.910.860.990.92-0.79-0.980.940.82-0.010.280.83-0.780.910.910.630.930.920.830.440.92-0.660.93
0.870.760.970.910.730.840.72-0.78-0.820.610.8-0.020.060.8-0.360.870.810.980.870.910.860.760.83-0.290.87
0.910.850.970.950.780.910.82-0.77-0.910.750.790.080.090.8-0.470.960.860.910.950.960.860.650.9-0.460.95
0.940.910.910.950.940.950.78-0.91-0.910.740.93-0.070.290.94-0.470.950.980.810.981.00.950.730.84-0.380.99
0.860.860.730.780.940.870.62-0.96-0.790.640.97-0.230.480.97-0.40.830.990.60.90.930.950.740.65-0.230.92
0.880.990.840.910.950.870.91-0.82-0.980.910.85-0.030.260.86-0.730.940.930.730.950.950.880.530.93-0.610.96
0.730.920.720.820.780.620.91-0.52-0.970.980.560.210.030.58-0.870.870.710.620.840.790.610.180.98-0.860.82
-0.84-0.79-0.78-0.77-0.91-0.96-0.82-0.520.72-0.52-1.00.36-0.48-1.00.29-0.75-0.95-0.69-0.83-0.9-0.99-0.87-0.590.06-0.86
-0.84-0.98-0.82-0.91-0.91-0.79-0.98-0.970.72-0.95-0.75-0.07-0.18-0.770.78-0.95-0.86-0.71-0.94-0.92-0.79-0.41-0.970.72-0.94
0.690.940.610.750.740.640.910.98-0.52-0.950.560.170.120.58-0.920.840.720.490.810.760.590.120.94-0.880.8
0.850.820.80.790.930.970.850.56-1.0-0.750.56-0.340.471.0-0.340.780.960.710.850.920.990.850.63-0.110.88
0.2-0.01-0.020.08-0.07-0.23-0.030.210.36-0.070.17-0.34-0.86-0.32-0.120.17-0.16-0.010.04-0.06-0.28-0.390.19-0.410.01
-0.010.280.060.090.290.480.260.03-0.48-0.180.120.47-0.860.46-0.070.120.41-0.030.240.280.40.320.010.120.27
0.860.830.80.80.940.970.860.58-1.0-0.770.581.0-0.320.46-0.360.790.970.710.870.930.990.840.65-0.130.89
-0.42-0.78-0.36-0.47-0.47-0.4-0.73-0.870.290.78-0.92-0.34-0.12-0.07-0.36-0.56-0.46-0.25-0.54-0.48-0.350.13-0.790.89-0.52
0.930.910.870.960.950.830.940.87-0.75-0.950.840.780.170.120.79-0.560.90.770.990.960.820.530.91-0.580.98
0.910.910.810.860.980.990.930.71-0.95-0.860.720.96-0.160.410.97-0.460.90.690.950.970.960.720.75-0.320.97
0.80.630.980.910.810.60.730.62-0.69-0.710.490.71-0.01-0.030.71-0.250.770.690.760.820.790.760.75-0.190.76
0.920.930.870.950.980.90.950.84-0.83-0.940.810.850.040.240.87-0.540.990.950.760.990.890.60.88-0.511.0
0.940.920.910.961.00.930.950.79-0.9-0.920.760.92-0.060.280.93-0.480.960.970.820.990.950.720.85-0.40.99
0.880.830.860.860.950.950.880.61-0.99-0.790.590.99-0.280.40.99-0.350.820.960.790.890.950.860.69-0.150.91
0.690.440.760.650.730.740.530.18-0.87-0.410.120.85-0.390.320.840.130.530.720.760.60.720.860.320.340.64
0.80.920.830.90.840.650.930.98-0.59-0.970.940.630.190.010.65-0.790.910.750.750.880.850.690.32-0.770.87
-0.35-0.66-0.29-0.46-0.38-0.23-0.61-0.860.060.72-0.88-0.11-0.410.12-0.130.89-0.58-0.32-0.19-0.51-0.4-0.150.34-0.77-0.48
0.930.930.870.950.990.920.960.82-0.86-0.940.80.880.010.270.89-0.520.980.970.761.00.990.910.640.87-0.48
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FREYR Battery Account Relationship Matchups

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