Scandinavian Treasury Stock vs Other Stockholder Equity Analysis

0RES Stock

96.60 0.54 0.56%

Scandinavian Tobacco financial indicator trend analysis is much more than just breaking down Scandinavian Tobacco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scandinavian Tobacco is a good investment. Please check the relationship between Scandinavian Tobacco Treasury Stock and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Scandinavian Tobacco 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.

Treasury Stock vs Other Stockholder Equity

Treasury Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scandinavian Tobacco Treasury Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Scandinavian Tobacco's Treasury Stock and Other Stockholder Equity is 0.56. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Scandinavian Tobacco Group, assuming nothing else is changed. The correlation between historical values of Scandinavian Tobacco's Treasury Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Scandinavian Tobacco Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Treasury Stock i.e., Scandinavian Tobacco's Treasury Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Treasury Stock

Other Stockholder Equity

Most indicators from Scandinavian Tobacco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scandinavian Tobacco 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 Scandinavian Tobacco 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.

Tax Provision is likely to drop to about 193.4 M in 2024. Selling General Administrative is likely to drop to about 895.4 M in 2024

	2019	2020	2023	2024 (projected)
Interest Income	4M	7.7M	6.9M	6.6M
Tax Provision	200.9M	273.5M	314.5M	193.4M

Interest Income Tax Provision

Scandinavian Tobacco fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Other Current Assets
Total Assets		0.76	0.65	-0.46	0.79	-0.37	-0.24	0.88	-0.37	0.29	0.84	0.86	0.2	0.76	0.91	-0.39	-0.39	-0.72	0.78	0.5	0.53	-0.28	0.56	0.55
Short Long Term Debt Total	0.76		0.86	-0.75	0.95	-0.7	-0.53	0.96	-0.7	0.75	0.98	0.87	-0.3	0.95	0.55	-0.82	-0.58	-0.76	0.91	0.85	0.88	-0.62	0.9	0.86
Total Current Liabilities	0.65	0.86		-0.61	0.75	-0.81	-0.34	0.84	-0.81	0.56	0.86	0.81	-0.33	0.95	0.35	-0.88	-0.28	-0.56	0.79	0.94	0.8	-0.87	0.94	0.69
Total Stockholder Equity	-0.46	-0.75	-0.61		-0.78	0.77	0.85	-0.74	0.77	-0.74	-0.72	-0.55	0.66	-0.63	-0.21	0.77	0.88	0.89	-0.62	-0.79	-0.83	0.63	-0.8	-0.86
Retained Earnings	0.79	0.95	0.75	-0.78		-0.68	-0.66	0.96	-0.68	0.69	0.95	0.92	-0.18	0.89	0.64	-0.72	-0.61	-0.85	0.95	0.74	0.82	-0.48	0.84	0.87
Cash	-0.37	-0.7	-0.81	0.77	-0.68		0.57	-0.69	1.0	-0.7	-0.71	-0.65	0.53	-0.75	-0.05	0.9	0.45	0.63	-0.62	-0.88	-0.81	0.88	-0.91	-0.76
Other Assets	-0.24	-0.53	-0.34	0.85	-0.66	0.57		-0.53	0.57	-0.55	-0.48	-0.43	0.54	-0.41	-0.07	0.51	0.74	0.74	-0.55	-0.53	-0.53	0.36	-0.6	-0.65
Long Term Debt	0.88	0.96	0.84	-0.74	0.96	-0.69	-0.53		-0.69	0.62	0.98	0.93	-0.18	0.94	0.68	-0.72	-0.56	-0.82	0.92	0.8	0.81	-0.57	0.86	0.79
Cash And Short Term Investments	-0.37	-0.7	-0.81	0.77	-0.68	1.0	0.57	-0.69		-0.7	-0.71	-0.65	0.53	-0.75	-0.05	0.9	0.45	0.63	-0.62	-0.88	-0.81	0.88	-0.91	-0.76
Net Receivables	0.29	0.75	0.56	-0.74	0.69	-0.7	-0.55	0.62	-0.7		0.73	0.47	-0.6	0.61	0.05	-0.74	-0.69	-0.58	0.56	0.72	0.78	-0.54	0.73	0.77
Good Will	0.84	0.98	0.86	-0.72	0.95	-0.71	-0.48	0.98	-0.71	0.73		0.91	-0.21	0.94	0.63	-0.76	-0.56	-0.78	0.91	0.82	0.84	-0.59	0.87	0.82
Inventory	0.86	0.87	0.81	-0.55	0.92	-0.65	-0.43	0.93	-0.65	0.47	0.91		0.09	0.92	0.72	-0.65	-0.31	-0.71	0.97	0.68	0.67	-0.47	0.79	0.72
Other Stockholder Equity	0.2	-0.3	-0.33	0.66	-0.18	0.53	0.54	-0.18	0.53	-0.6	-0.21	0.09		-0.21	0.51	0.56	0.56	0.26	-0.02	-0.61	-0.52	0.65	-0.5	-0.38
Total Liab	0.76	0.95	0.95	-0.63	0.89	-0.75	-0.41	0.94	-0.75	0.61	0.94	0.92	-0.21		0.54	-0.84	-0.35	-0.65	0.92	0.87	0.85	-0.71	0.93	0.79
Total Current Assets	0.91	0.55	0.35	-0.21	0.64	-0.05	-0.07	0.68	-0.05	0.05	0.63	0.72	0.51	0.54		-0.11	-0.25	-0.58	0.66	0.15	0.3	0.09	0.26	0.4
Treasury Stock	-0.39	-0.82	-0.88	0.77	-0.72	0.9	0.51	-0.72	0.9	-0.74	-0.76	-0.65	0.56	-0.84	-0.11		0.48	0.62	-0.7	-0.94	-0.91	0.88	-0.95	-0.87
Intangible Assets	-0.39	-0.58	-0.28	0.88	-0.61	0.45	0.74	-0.56	0.45	-0.69	-0.56	-0.31	0.56	-0.35	-0.25	0.48		0.85	-0.41	-0.5	-0.62	0.28	-0.49	-0.72
Common Stock	-0.72	-0.76	-0.56	0.89	-0.85	0.63	0.74	-0.82	0.63	-0.58	-0.78	-0.71	0.26	-0.65	-0.58	0.62	0.85		-0.73	-0.63	-0.71	0.41	-0.69	-0.84
Property Plant Equipment	0.78	0.91	0.79	-0.62	0.95	-0.62	-0.55	0.92	-0.62	0.56	0.91	0.97	-0.02	0.92	0.66	-0.7	-0.41	-0.73		0.71	0.7	-0.45	0.81	0.79
Other Current Liab	0.5	0.85	0.94	-0.79	0.74	-0.88	-0.53	0.8	-0.88	0.72	0.82	0.68	-0.61	0.87	0.15	-0.94	-0.5	-0.63	0.71		0.86	-0.93	0.97	0.76
Other Liab	0.53	0.88	0.8	-0.83	0.82	-0.81	-0.53	0.81	-0.81	0.78	0.84	0.67	-0.52	0.85	0.3	-0.91	-0.62	-0.71	0.7	0.86		-0.74	0.91	0.92
Net Tangible Assets	-0.28	-0.62	-0.87	0.63	-0.48	0.88	0.36	-0.57	0.88	-0.54	-0.59	-0.47	0.65	-0.71	0.09	0.88	0.28	0.41	-0.45	-0.93	-0.74		-0.87	-0.58
Accounts Payable	0.56	0.9	0.94	-0.8	0.84	-0.91	-0.6	0.86	-0.91	0.73	0.87	0.79	-0.5	0.93	0.26	-0.95	-0.49	-0.69	0.81	0.97	0.91	-0.87		0.85
Other Current Assets	0.55	0.86	0.69	-0.86	0.87	-0.76	-0.65	0.79	-0.76	0.77	0.82	0.72	-0.38	0.79	0.4	-0.87	-0.72	-0.84	0.79	0.76	0.92	-0.58	0.85

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Scandinavian Tobacco Account Relationship Matchups

Scandinavian Tobacco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.0B	13.4B	13.9B	14.0B	16.1B	15.1B
Short Long Term Debt Total	2.6B	2.7B	2.8B	3.0B	3.5B	3.0B
Total Current Liabilities	1.1B	1.7B	1.5B	1.5B	1.7B	1.4B
Total Stockholder Equity	8.4B	8.8B	9.1B	8.4B	7.5B	7.0B
Retained Earnings	8.1B	8.2B	8.8B	9.0B	10.4B	9.1B
Cash	605.2M	310.8M	897.5M	117M	105.3M	100.0M
Other Assets	136.3M	129.3M	130.2M	104.6M	94.1M	97.6M
Long Term Debt	2.6B	2.7B	2.7B	2.8B	3.3B	3.0B
Cash And Short Term Investments	605.2M	310.8M	897.5M	117M	105.3M	100.0M
Net Receivables	976.2M	1.0B	1.0B	992.4M	1.1B	1.0B
Good Will	4.3B	4.6B	4.6B	4.9B	5.6B	5.0B
Inventory	2.5B	2.8B	2.9B	3.2B	3.7B	3.0B
Other Stockholder Equity	899.3M	269.9M	686.8M	963.8M	867.4M	592.8M
Total Liab	4.5B	4.6B	4.8B	5.6B	6.5B	5.4B
Total Current Assets	4.5B	4.0B	4.3B	4.4B	5.0B	4.7B
Intangible Assets	3.3B	3.3B	3.2B	3.4B	3.0B	2.7B
Property Plant Equipment	1.3B	1.4B	1.4B	1.7B	2.0B	1.5B
Other Current Liab	678.1M	1.1B	912.9M	914.1M	1.1B	950.7M
Other Liab	848.3M	956.5M	1.1B	927.1M	1.1B	1.0B
Net Tangible Assets	1.3B	92.6M	473.4M	651.5M	586.4M	555.6M
Accounts Payable	334M	525.1M	504.5M	506.8M	582.8M	494.5M

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Scandinavian Treasury Stock vs Other Stockholder Equity Analysis

Treasury Stock vs Other Stockholder Equity

Treasury Stock vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Treasury Stock

Other Stockholder Equity

Scandinavian Tobacco fundamental ratios Correlations

Scandinavian Tobacco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Scandinavian Tobacco fundamental ratios Accounts

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Additional Tools for Scandinavian Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 0.98	Short Long Term Debt Total
Good Will	+ 0.98	Long Term Debt
Property Plant Equipment	+ 0.97	Inventory
Accounts Payable	+ 0.97	Other Current Liab
Long Term Debt	+ 0.96	Short Long Term Debt Total

Accounts Payable	- 0.95	Treasury Stock
Other Current Liab	- 0.94	Treasury Stock
Net Tangible Assets	- 0.93	Other Current Liab
Other Liab	- 0.91	Treasury Stock
Accounts Payable	- 0.91	Cash And Short Term Investments
Accounts Payable	- 0.91	Cash