Finnair Depreciation And Amortization vs Net Receivables Analysis
0EG8 Stock | 2.44 0.09 3.83% |
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 Depreciation And Amortization and its Net Receivables 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.
Depreciation And Amortization vs Net Receivables
Depreciation And Amortization vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnair Oyj Depreciation And Amortization account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Finnair Oyj's Depreciation And Amortization and Net Receivables is -0.65. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Receivables 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 Depreciation And Amortization and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Finnair Oyj are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Depreciation And Amortization i.e., Finnair Oyj's Depreciation And Amortization and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Net Receivables
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
Click cells to compare fundamentals
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 |
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 Finnair Stock Analysis
When running Finnair Oyj's price analysis, check to measure Finnair Oyj'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 Finnair Oyj is operating at the current time. Most of Finnair Oyj's value examination focuses on studying past and present price action to predict the probability of Finnair Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finnair Oyj's price. Additionally, you may evaluate how the addition of Finnair Oyj to your portfolios can decrease your overall portfolio volatility.