Finnair Retained Earnings vs Accounts Payable 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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnair Oyj Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Finnair Oyj's Retained Earnings and Accounts Payable is -0.23. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Finnair Oyj are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Finnair Oyj's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.
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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