Finnair Accounts Payable vs Intangible Assets Analysis
0EG8 Stock | 2.37 0.07 2.87% |
Finnair Oyj financial indicator trend analysis is much more than just examining Finnair Oyj latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finnair Oyj is a good investment. Please check the relationship between Finnair Oyj Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Finnair Oyj. 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.
Accounts Payable vs Intangible Assets
Accounts Payable vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnair Oyj Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Finnair Oyj's Accounts Payable and Intangible Assets is -0.35. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Finnair Oyj, assuming nothing else is changed. The correlation between historical values of Finnair Oyj's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Finnair Oyj are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Finnair Oyj's Accounts Payable and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Finnair Oyj obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Finnair Oyj are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Finnair Oyj's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finnair Oyj 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 Finnair Oyj. 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 drop to about 99.2 M in 2024. Tax Provision is likely to gain to about (112.1 M) in 2024
Finnair Oyj fundamental ratios Correlations
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Finnair Oyj Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Finnair Oyj fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 3.6B | 4.0B | 4.1B | 3.7B | 2.8B | |
Other Current Liab | 398.1M | 54.1M | 216.6M | 361M | 852.9M | 505.8M | |
Total Current Liabilities | 1.2B | 595.6M | 1.2B | 1.3B | 1.3B | 976.8M | |
Total Stockholder Equity | 966.4M | 896.6M | 475.7M | 410.6M | 577M | 815.4M | |
Property Plant And Equipment Net | 2.6B | 2.5B | 2.3B | 2.1B | 2.1B | 1.6B | |
Net Debt | 1.4B | 1.7B | 2.1B | 1.8B | 1.9B | 2.0B | |
Retained Earnings | 275.2M | (262.6M) | (744.5M) | (1.2B) | (872.1M) | (828.5M) | |
Cash | 151.9M | 465.3M | 734.3M | 785.8M | 145.1M | 190.8M | |
Non Current Assets Total | 2.6B | 2.7B | 2.6B | 2.3B | 2.5B | 1.7B | |
Non Currrent Assets Other | 39.5M | 25.1M | 6.9M | 124.5M | 131.1M | 124.5M | |
Cash And Short Term Investments | 952.7M | 823.6M | 1.3B | 1.5B | 921.9M | 680.6M | |
Common Stock Shares Outstanding | 41.3M | 62.7M | 83.8M | 83.8M | 96.4M | 50.5M | |
Liabilities And Stockholders Equity | 3.9B | 3.6B | 4.0B | 4.1B | 3.7B | 2.8B | |
Non Current Liabilities Total | 1.7B | 2.2B | 2.4B | 2.4B | 1.9B | 960.0M | |
Inventory | 80.2M | 33.1M | 32.2M | 45.1M | 51M | 29.2M | |
Other Current Assets | 76.3M | 33.4M | 32.7M | 43.3M | 82.5M | 158.5M | |
Other Stockholder Equity | 103.2M | 198.3M | 198M | (262.8M) | (1.0) | (0.95) | |
Total Liab | 2.9B | 2.7B | 3.6B | 3.7B | 3.1B | 1.9B | |
Total Current Assets | 1.2B | 961.7M | 1.5B | 1.8B | 1.2B | 1.1B | |
Intangible Assets | 18.8M | 13M | 5.3M | 3M | 2.3M | 2.2M | |
Short Long Term Debt Total | 1.6B | 2.2B | 2.8B | 2.6B | 2.0B | 1.1B | |
Current Deferred Revenue | 741.8M | 329.8M | 402.7M | 452M | 8.8M | 8.4M | |
Accounts Payable | 84.7M | 24.8M | 53.5M | 90.3M | 107M | 113.6M | |
Short Term Investments | 800.8M | 358.3M | 531.4M | 738.6M | 776.8M | 567.1M | |
Short Term Debt | 183.9M | 187.1M | 618.6M | 445.6M | 284.4M | 218.0M | |
Net Receivables | 178.8M | 71.7M | 127.9M | 192M | 167.4M | 152.1M | |
Accumulated Other Comprehensive Income | 417.5M | 885.8M | 946.8M | 974.3M | 1.4B | 1.4B | |
Other Liab | 298.1M | 162.6M | 201.3M | 187M | 168.3M | 163.3M | |
Net Tangible Assets | 947.6M | 883.6M | 470.4M | 407.7M | 366.9M | 577.2M | |
Property Plant Equipment | 2.4B | 2.4B | 2.2B | 2.0B | 1.8B | 1.8B |
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