FREYR Intangible Assets vs Net Debt Analysis

FREY Stock  USD 2.14  0.01  0.47%   
FREYR Battery financial indicator trend analysis is much more than just examining FREYR Battery SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FREYR Battery SA is a good investment. Please check the relationship between FREYR Battery Intangible Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Intangible Assets vs Net Debt

Intangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FREYR Battery SA Intangible Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between FREYR Battery's Intangible Assets and Net Debt is 0.26. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of FREYR Battery SA, assuming nothing else is changed. The correlation between historical values of FREYR Battery's Intangible Assets and Net 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 Intangible Assets of FREYR Battery SA are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Intangible Assets i.e., FREYR Battery's Intangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from FREYR Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FREYR Battery SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, FREYR Battery's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 303.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.5 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation120K478K2.1M2.2M
Cost Of Revenue120K478K4.7M4.9M

FREYR Battery fundamental ratios Correlations

0.840.870.910.940.860.880.73-0.84-0.840.690.850.2-0.010.86-0.420.930.910.80.920.940.880.690.8-0.350.93
0.840.760.850.910.860.990.92-0.79-0.980.940.82-0.010.280.83-0.780.910.910.630.930.920.830.440.92-0.660.93
0.870.760.970.910.730.840.72-0.78-0.820.610.8-0.020.060.8-0.360.870.810.980.870.910.860.760.83-0.290.87
0.910.850.970.950.780.910.82-0.77-0.910.750.790.080.090.8-0.470.960.860.910.950.960.860.650.9-0.460.95
0.940.910.910.950.940.950.78-0.91-0.910.740.93-0.070.290.94-0.470.950.980.810.981.00.950.730.84-0.380.99
0.860.860.730.780.940.870.62-0.96-0.790.640.97-0.230.480.97-0.40.830.990.60.90.930.950.740.65-0.230.92
0.880.990.840.910.950.870.91-0.82-0.980.910.85-0.030.260.86-0.730.940.930.730.950.950.880.530.93-0.610.96
0.730.920.720.820.780.620.91-0.52-0.970.980.560.210.030.58-0.870.870.710.620.840.790.610.180.98-0.860.82
-0.84-0.79-0.78-0.77-0.91-0.96-0.82-0.520.72-0.52-1.00.36-0.48-1.00.29-0.75-0.95-0.69-0.83-0.9-0.99-0.87-0.590.06-0.86
-0.84-0.98-0.82-0.91-0.91-0.79-0.98-0.970.72-0.95-0.75-0.07-0.18-0.770.78-0.95-0.86-0.71-0.94-0.92-0.79-0.41-0.970.72-0.94
0.690.940.610.750.740.640.910.98-0.52-0.950.560.170.120.58-0.920.840.720.490.810.760.590.120.94-0.880.8
0.850.820.80.790.930.970.850.56-1.0-0.750.56-0.340.471.0-0.340.780.960.710.850.920.990.850.63-0.110.88
0.2-0.01-0.020.08-0.07-0.23-0.030.210.36-0.070.17-0.34-0.86-0.32-0.120.17-0.16-0.010.04-0.06-0.28-0.390.19-0.410.01
-0.010.280.060.090.290.480.260.03-0.48-0.180.120.47-0.860.47-0.070.120.41-0.030.240.280.40.320.010.120.27
0.860.830.80.80.940.970.860.58-1.0-0.770.581.0-0.320.47-0.350.790.970.710.870.930.990.840.64-0.130.89
-0.42-0.78-0.36-0.47-0.47-0.4-0.73-0.870.290.78-0.92-0.34-0.12-0.07-0.35-0.56-0.46-0.25-0.54-0.48-0.350.13-0.790.89-0.52
0.930.910.870.960.950.830.940.87-0.75-0.950.840.780.170.120.79-0.560.90.770.990.960.820.530.91-0.580.98
0.910.910.810.860.980.990.930.71-0.95-0.860.720.96-0.160.410.97-0.460.90.690.950.970.960.720.75-0.320.97
0.80.630.980.910.810.60.730.62-0.69-0.710.490.71-0.01-0.030.71-0.250.770.690.760.820.790.760.75-0.190.76
0.920.930.870.950.980.90.950.84-0.83-0.940.810.850.040.240.87-0.540.990.950.760.990.890.60.88-0.511.0
0.940.920.910.961.00.930.950.79-0.9-0.920.760.92-0.060.280.93-0.480.960.970.820.990.950.720.85-0.40.99
0.880.830.860.860.950.950.880.61-0.99-0.790.590.99-0.280.40.99-0.350.820.960.790.890.950.860.69-0.150.91
0.690.440.760.650.730.740.530.18-0.87-0.410.120.85-0.390.320.840.130.530.720.760.60.720.860.320.340.64
0.80.920.830.90.840.650.930.98-0.59-0.970.940.630.190.010.64-0.790.910.750.750.880.850.690.32-0.770.87
-0.35-0.66-0.29-0.46-0.38-0.23-0.61-0.860.060.72-0.88-0.11-0.410.12-0.130.89-0.58-0.32-0.19-0.51-0.4-0.150.34-0.77-0.48
0.930.930.870.950.990.920.960.82-0.86-0.940.80.880.010.270.89-0.520.980.970.761.00.990.910.640.87-0.48
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FREYR Battery Account Relationship Matchups

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