Oatly Non Current Liabilities Total vs Other Liab Analysis
OTLY Stock | USD 0.72 0.02 2.70% |
Oatly Group financial indicator trend analysis is much more than just breaking down Oatly Group AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oatly Group AB is a good investment. Please check the relationship between Oatly Group Non Current Liabilities Total and its Other Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oatly Group 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 bureau of economic analysis.
Non Current Liabilities Total vs Other Liab
Non Current Liabilities Total vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oatly Group AB Non Current Liabilities Total account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oatly Group's Non Current Liabilities Total and Other Liab is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Oatly Group AB, assuming nothing else is changed. The correlation between historical values of Oatly Group's Non Current Liabilities Total and Other 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 Non Current Liabilities Total of Oatly Group AB are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Liabilities Total i.e., Oatly Group's Non Current Liabilities Total and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Total
Other Liab
Most indicators from Oatly Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oatly Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oatly Group 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 bureau of economic analysis. Tax Provision is likely to rise to about 6.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 314.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 26.7M | 48.6M | 52.0M | 32.7M | Interest Income | 1.8M | 2.1M | 12.7M | 13.3M |
Oatly Group fundamental ratios Correlations
Click cells to compare fundamentals
Oatly Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Oatly Stock Analysis
When running Oatly Group's price analysis, check to measure Oatly Group'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 Oatly Group is operating at the current time. Most of Oatly Group's value examination focuses on studying past and present price action to predict the probability of Oatly Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oatly Group's price. Additionally, you may evaluate how the addition of Oatly Group to your portfolios can decrease your overall portfolio volatility.