Scandic Retained Earnings vs Total Assets 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 Retained Earnings and its Total Assets 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scandic Hotels Group Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Scandic Hotels' Retained Earnings and Total Assets is -0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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' Retained Earnings and Total Assets 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 Scandic Hotels Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Scandic Hotels' Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Total Assets

Total assets refers to the total amount of Scandic Hotels assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Scandic Hotels Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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