Scandic Net Receivables vs Long Term Debt Analysis

0RD7 Stock   68.25  1.30  1.87%   
Scandic Hotels financial indicator trend analysis is much more than just breaking down Scandic Hotels Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scandic Hotels Group is a good investment. Please check the relationship between Scandic Hotels Net Receivables and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Scandic Hotels Group. 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scandic Hotels Group Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Scandic Hotels' Net Receivables and Long Term Debt is -0.21. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Scandic Hotels Group, assuming nothing else is changed. The correlation between historical values of Scandic Hotels' Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Scandic Hotels Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Scandic Hotels' Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Long Term Debt

Long-term debt is a debt that Scandic Hotels Group has held for over one year. Long-term debt appears on Scandic Hotels Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Scandic Hotels Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Scandic Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scandic Hotels Group 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 Scandic Hotels Group. 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 gain to about 6 B in 2024, despite the fact that Tax Provision is likely to grow to (111.2 M).
 2019 2020 2023 2024 (projected)
Gross Profit13.0B5.1B4.6B7.9B
Total Revenue18.9B7.5B6.7B11.5B

Scandic Hotels fundamental ratios Correlations

0.940.94-0.8-0.8-0.820.950.51-0.820.32-0.670.270.591.0-0.58-0.7-0.870.980.490.65-0.79-0.870.16-0.92
0.940.9-0.91-0.89-0.810.920.56-0.810.19-0.740.10.730.93-0.62-0.87-0.870.940.660.76-0.93-0.940.13-0.99
0.940.9-0.78-0.79-0.860.960.51-0.860.51-0.660.350.780.93-0.43-0.75-0.890.970.670.78-0.75-0.830.4-0.88
-0.8-0.91-0.780.990.68-0.82-0.790.680.020.940.17-0.71-0.830.510.940.75-0.87-0.71-0.620.930.96-0.140.96
-0.8-0.89-0.790.990.69-0.85-0.780.69-0.050.940.12-0.68-0.840.490.90.75-0.88-0.66-0.570.910.98-0.180.95
-0.82-0.81-0.860.680.69-0.84-0.291.0-0.440.48-0.57-0.56-0.810.750.630.9-0.8-0.47-0.570.730.76-0.080.79
0.950.920.96-0.82-0.85-0.840.51-0.840.46-0.70.30.680.95-0.53-0.74-0.920.960.540.65-0.82-0.910.31-0.92
0.510.560.51-0.79-0.78-0.290.51-0.29-0.21-0.93-0.450.480.58-0.08-0.73-0.290.640.570.35-0.6-0.670.28-0.65
-0.82-0.81-0.860.680.691.0-0.84-0.29-0.440.48-0.57-0.56-0.810.750.630.9-0.8-0.47-0.570.730.76-0.080.79
0.320.190.510.02-0.05-0.440.46-0.21-0.440.130.790.370.290.080.03-0.40.330.140.35-0.01-0.160.68-0.13
-0.67-0.74-0.660.940.940.48-0.7-0.930.480.130.35-0.58-0.730.30.850.56-0.78-0.62-0.440.780.86-0.190.83
0.270.10.350.170.12-0.570.3-0.45-0.570.790.350.020.22-0.30.22-0.390.18-0.150.10.07-0.020.15-0.03
0.590.730.78-0.71-0.68-0.560.680.48-0.560.37-0.580.020.58-0.09-0.83-0.630.710.960.94-0.65-0.650.59-0.71
1.00.930.93-0.83-0.84-0.810.950.58-0.810.29-0.730.220.58-0.56-0.72-0.860.980.490.62-0.8-0.890.16-0.93
-0.58-0.62-0.430.510.490.75-0.53-0.080.750.080.3-0.3-0.09-0.560.440.69-0.47-0.05-0.150.680.570.510.6
-0.7-0.87-0.750.940.90.63-0.74-0.730.630.030.850.22-0.83-0.720.440.7-0.79-0.84-0.750.920.85-0.230.89
-0.87-0.87-0.890.750.750.9-0.92-0.290.9-0.40.56-0.39-0.63-0.860.690.7-0.85-0.5-0.620.790.82-0.090.86
0.980.940.97-0.87-0.88-0.80.960.64-0.80.33-0.780.180.710.98-0.47-0.79-0.850.630.71-0.81-0.910.29-0.95
0.490.660.67-0.71-0.66-0.470.540.57-0.470.14-0.62-0.150.960.49-0.05-0.84-0.50.630.9-0.6-0.580.47-0.66
0.650.760.78-0.62-0.57-0.570.650.35-0.570.35-0.440.10.940.62-0.15-0.75-0.620.710.9-0.6-0.580.46-0.69
-0.79-0.93-0.750.930.910.73-0.82-0.60.73-0.010.780.07-0.65-0.80.680.920.79-0.81-0.6-0.60.93-0.060.94
-0.87-0.94-0.830.960.980.76-0.91-0.670.76-0.160.86-0.02-0.65-0.890.570.850.82-0.91-0.58-0.580.93-0.170.97
0.160.130.4-0.14-0.18-0.080.310.28-0.080.68-0.190.150.590.160.51-0.23-0.090.290.470.46-0.06-0.17-0.12
-0.92-0.99-0.880.960.950.79-0.92-0.650.79-0.130.83-0.03-0.71-0.930.60.890.86-0.95-0.66-0.690.940.97-0.12
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Scandic Hotels Account Relationship Matchups

Scandic Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.0B17.7B43.5B38.3B44.0B28.7B
Short Long Term Debt Total5.4B4.5B29.7B30.7B35.3B37.1B
Total Current Liabilities5.9B4.4B5.6B6.7B7.7B5.0B
Total Stockholder Equity7.3B7.8B6.6B2.0B1.8B1.7B
Retained Earnings(1.5B)(7.4B)(9.0B)(8.4B)(7.6B)(7.2B)
Cash140M103M26M14M12.6M12.0M
Other Assets587M453M769M640M736M443.0M
Long Term Debt3.8B2.9B3.0B4.5B5.2B4.0B
Cash And Short Term Investments140M103M26M14M12.6M12.0M
Net Receivables790M793M232M727M654.3M488.8M
Good Will6.3B6.6B6.6B3.7B3.4B4.6B
Other Stockholder Equity147M(155M)182M656M754.4M792.1M
Total Liab9.6B10.0B37.0B36.2B41.7B22.0B
Total Current Assets1.3B730M1.3B2.0B1.8B1.2B
Intangible Assets3.4B3.3B3.3B3.0B2.7B2.6B
Property Plant Equipment31.6B30.4B35.7B41.1B47.3B24.1B
Other Current Assets47M7M68M1.7B1.9B2.0B
Other Current Liab3.7B762M1.1B4.4B5.1B5.4B
Other Liab1.3B1.2B1.1B1.3B1.2B1.0B
Net Tangible Assets(3.4B)(4.7B)(5.8B)(5.0B)(4.5B)(4.7B)

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