ALV Stock | | | USD 99.21 1.36 1.39% |
Autoliv financial indicator trend analysis is way more than just evaluating Autoliv prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autoliv is a good investment. Please check the relationship between Autoliv Gross Profit and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Autoliv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Autoliv Stock please use our
How to Invest in Autoliv guide.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Autoliv Gross Profit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Autoliv's Gross Profit and Depreciation And Amortization is 0.59. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Autoliv, assuming nothing else is changed. The correlation between historical values of Autoliv's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Autoliv are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Autoliv's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Autoliv minus its cost of goods sold. It is profit before Autoliv operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Autoliv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autoliv 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 Autoliv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Autoliv Stock please use our
How to Invest in Autoliv guide.At this time, Autoliv's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 10.57 in 2024, despite the fact that
Discontinued Operations is likely to grow to (165.7
M).
| 2021 | 2023 | 2024 (projected) |
Interest Expense | 60M | 93M | 67.1M | Depreciation And Amortization | 394M | 378M | 343.2M |
Autoliv fundamental ratios Correlations
Click cells to compare fundamentals
Autoliv Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Autoliv fundamental ratios Accounts
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Additional Tools for Autoliv Stock Analysis
When running Autoliv's price analysis, check to
measure Autoliv'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 Autoliv is operating at the current time. Most of Autoliv's value examination focuses on studying past and present price action to
predict the probability of Autoliv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autoliv's price. Additionally, you may evaluate how the addition of Autoliv to your portfolios can decrease your overall portfolio volatility.