Finnair Cash And Short Term Investments vs Non Currrent Assets Other Analysis

0EG8 Stock   2.11  0.01  0.47%   
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 Cash And Short Term Investments and its Non Currrent Assets Other 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.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnair Oyj Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Finnair Oyj's Cash And Short Term Investments and Non Currrent Assets Other is 0.01. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other 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 Cash And Short Term Investments and Non Currrent Assets Other 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 And Short Term Investments of Finnair Oyj are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Finnair Oyj's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Finnair Oyj balance sheet. This account contains Finnair Oyj investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Finnair Oyj fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

-0.20.64-0.080.930.86-0.670.720.93-0.370.870.770.940.41-0.76-0.450.980.78-0.510.330.920.07-0.03-0.40.630.74
-0.20.290.11-0.22-0.230.19-0.47-0.230.34-0.14-0.1-0.34-0.050.01-0.1-0.21-0.070.270.3-0.33-0.20.29-0.080.23-0.12
0.640.29-0.120.390.45-0.470.390.420.140.790.510.430.1-0.55-0.360.640.81-0.390.390.450.230.27-0.610.810.56
-0.080.11-0.120.03-0.240.55-0.46-0.080.48-0.07-0.55-0.3-0.05-0.180.37-0.29-0.040.39-0.11-0.380.020.01-0.120.34-0.48
0.93-0.220.390.030.84-0.520.570.99-0.550.640.650.910.57-0.72-0.320.880.5-0.310.270.87-0.04-0.16-0.280.410.62
0.86-0.230.45-0.240.84-0.840.640.88-0.590.640.810.890.37-0.63-0.490.880.54-0.640.560.9-0.160.08-0.340.380.73
-0.670.19-0.470.55-0.52-0.84-0.73-0.590.48-0.64-0.88-0.75-0.140.390.59-0.77-0.590.84-0.58-0.80.17-0.230.25-0.3-0.7
0.72-0.470.39-0.460.570.64-0.730.6-0.390.760.70.80.05-0.45-0.460.790.68-0.59-0.050.830.15-0.27-0.210.190.79
0.93-0.230.42-0.080.990.88-0.590.6-0.580.640.730.940.53-0.71-0.330.910.5-0.370.340.91-0.06-0.16-0.320.390.68
-0.370.340.140.48-0.55-0.590.48-0.39-0.580.01-0.46-0.59-0.640.040.27-0.460.110.3-0.19-0.590.210.05-0.30.36-0.4
0.87-0.140.79-0.070.640.64-0.640.760.640.010.660.740.07-0.68-0.480.850.97-0.570.20.750.230.04-0.50.780.69
0.77-0.10.51-0.550.650.81-0.880.70.73-0.460.660.840.21-0.5-0.490.860.57-0.70.570.88-0.150.04-0.290.330.77
0.94-0.340.43-0.30.910.89-0.750.80.94-0.590.740.840.44-0.63-0.490.970.62-0.550.270.990.0-0.13-0.230.360.77
0.41-0.050.1-0.050.570.37-0.140.050.53-0.640.070.210.44-0.16-0.150.410.060.060.10.38-0.210.240.350.090.18
-0.760.01-0.55-0.18-0.72-0.630.39-0.45-0.710.04-0.68-0.5-0.63-0.160.2-0.69-0.590.18-0.26-0.63-0.120.150.6-0.57-0.59
-0.45-0.1-0.360.37-0.32-0.490.59-0.46-0.330.27-0.48-0.49-0.49-0.150.2-0.51-0.510.64-0.24-0.5-0.18-0.26-0.05-0.32-0.4
0.98-0.210.64-0.290.880.88-0.770.790.91-0.460.850.860.970.41-0.69-0.510.75-0.580.340.970.06-0.03-0.360.530.81
0.78-0.070.81-0.040.50.54-0.590.680.50.110.970.570.620.06-0.59-0.510.75-0.590.190.630.260.21-0.410.830.59
-0.510.27-0.390.39-0.31-0.640.84-0.59-0.370.3-0.57-0.7-0.550.060.180.64-0.58-0.59-0.55-0.59-0.12-0.350.16-0.34-0.42
0.330.30.39-0.110.270.56-0.58-0.050.34-0.190.20.570.270.1-0.26-0.240.340.19-0.550.29-0.330.45-0.370.370.18
0.92-0.330.45-0.380.870.9-0.80.830.91-0.590.750.880.990.38-0.63-0.50.970.63-0.590.29-0.02-0.12-0.250.330.83
0.07-0.20.230.02-0.04-0.160.170.15-0.060.210.23-0.150.0-0.21-0.12-0.180.060.26-0.12-0.33-0.02-0.21-0.280.16-0.13
-0.030.290.270.01-0.160.08-0.23-0.27-0.160.050.040.04-0.130.240.15-0.26-0.030.21-0.350.45-0.12-0.210.250.39-0.11
-0.4-0.08-0.61-0.12-0.28-0.340.25-0.21-0.32-0.3-0.5-0.29-0.230.350.6-0.05-0.36-0.410.16-0.37-0.25-0.280.25-0.5-0.28
0.630.230.810.340.410.38-0.30.190.390.360.780.330.360.09-0.57-0.320.530.83-0.340.370.330.160.39-0.50.28
0.74-0.120.56-0.480.620.73-0.70.790.68-0.40.690.770.770.18-0.59-0.40.810.59-0.420.180.83-0.13-0.11-0.280.28
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Finnair Oyj Account Relationship Matchups

Finnair Oyj fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.6B4.0B4.1B3.7B2.8B
Other Current Liab398.1M54.1M216.6M361M852.9M505.8M
Total Current Liabilities1.2B595.6M1.2B1.3B1.3B976.8M
Total Stockholder Equity966.4M896.6M475.7M410.6M577M815.4M
Property Plant And Equipment Net2.6B2.5B2.3B2.1B2.1B1.6B
Net Debt1.4B1.7B2.1B1.8B1.9B2.0B
Retained Earnings275.2M(262.6M)(744.5M)(1.2B)(872.1M)(828.5M)
Cash151.9M465.3M734.3M785.8M145.1M190.8M
Non Current Assets Total2.6B2.7B2.6B2.3B2.5B1.7B
Non Currrent Assets Other39.5M25.1M6.9M124.5M131.1M124.5M
Cash And Short Term Investments952.7M823.6M1.3B1.5B921.9M680.6M
Common Stock Shares Outstanding41.3M62.7M83.8M83.8M96.4M50.5M
Liabilities And Stockholders Equity3.9B3.6B4.0B4.1B3.7B2.8B
Non Current Liabilities Total1.7B2.2B2.4B2.4B1.9B960.0M
Inventory80.2M33.1M32.2M45.1M51M29.2M
Other Current Assets76.3M33.4M32.7M43.3M82.5M158.5M
Other Stockholder Equity103.2M198.3M198M(262.8M)(1.0)(0.95)
Total Liab2.9B2.7B3.6B3.7B3.1B1.9B
Total Current Assets1.2B961.7M1.5B1.8B1.2B1.1B
Intangible Assets18.8M13M5.3M3M2.3M2.2M
Short Long Term Debt Total1.6B2.2B2.8B2.6B2.0B1.1B
Current Deferred Revenue741.8M329.8M402.7M452M8.8M8.4M
Accounts Payable84.7M24.8M53.5M90.3M107M113.6M
Short Term Investments800.8M358.3M531.4M738.6M776.8M567.1M
Short Term Debt183.9M187.1M618.6M445.6M284.4M218.0M
Net Receivables178.8M71.7M127.9M192M167.4M152.1M
Accumulated Other Comprehensive Income417.5M885.8M946.8M974.3M1.4B1.4B
Other Liab298.1M162.6M201.3M187M168.3M163.3M
Net Tangible Assets947.6M883.6M470.4M407.7M366.9M577.2M
Property Plant Equipment2.4B2.4B2.2B2.0B1.8B1.8B

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