Finnair Property Plant Equipment vs Depreciation And Amortization 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 Property Plant Equipment and its Depreciation And Amortization 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.
Property Plant Equipment vs Depreciation And Amortization
Property Plant Equipment vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnair Oyj Property Plant Equipment account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Finnair Oyj's Property Plant Equipment and Depreciation And Amortization is -0.33. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization 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 Property Plant Equipment and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Finnair Oyj are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., Finnair Oyj's Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
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.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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