Finnair Short Term Investments vs Non Current Liabilities Total 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 Short Term Investments and its Non Current Liabilities Total 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.
Short Term Investments vs Non Current Liabilities Total
Short Term Investments vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnair Oyj Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Finnair Oyj's Short Term Investments and Non Current Liabilities Total is 0.36. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Liabilities Total 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 Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Finnair Oyj are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Term Investments i.e., Finnair Oyj's Short Term Investments and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Finnair Oyj balance sheet. It contains any investments Finnair Oyj undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Finnair Oyj can easily liquidate in the marketplace.Non Current Liabilities Total
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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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.