Oatly Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

OTLY Stock  USD 1.01  0.04  3.81%   
Oatly Group financial indicator trend analysis is much more than just breaking down Oatly Group AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oatly Group AB is a good investment. Please check the relationship between Oatly Group Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oatly Group AB. 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.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oatly Group AB Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Oatly Group's Common Stock Total Equity and Common Stock Shares Outstanding is 0.17. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Oatly Group AB, assuming nothing else is changed. The correlation between historical values of Oatly Group's Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Oatly Group AB are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Oatly Group's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Oatly Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oatly Group AB 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oatly Group AB. 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.
Tax Provision is likely to rise to about 6.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 314.3 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization27.2M48.3M52.0M32.6M
Interest Income1.8M2.1M12.7M13.3M

Oatly Group fundamental ratios Correlations

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0.560.770.840.280.590.550.54-0.310.73-0.910.520.670.580.97-0.560.680.480.73-0.580.890.550.850.490.470.0
0.660.770.850.440.540.640.71-0.50.55-0.950.690.540.720.82-0.210.240.350.77-0.80.80.470.650.630.780.61
0.770.840.850.480.740.780.77-0.190.46-0.930.740.80.80.85-0.240.490.590.91-0.450.980.160.930.70.730.36
0.930.280.440.480.870.90.930.5-0.4-0.480.940.790.910.370.16-0.360.880.79-0.260.51-0.310.550.940.890.47
0.950.590.540.740.870.920.930.43-0.07-0.660.930.940.940.580.070.130.910.93-0.160.8-0.170.850.890.830.31
0.990.550.640.780.90.920.970.31-0.12-0.730.970.940.970.63-0.09-0.040.920.96-0.360.79-0.240.810.990.910.42
0.990.540.710.770.930.930.970.24-0.09-0.741.00.871.00.60.07-0.080.840.95-0.40.77-0.130.760.970.970.57
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0.990.520.690.740.940.930.971.00.26-0.11-0.730.871.00.590.06-0.110.850.94-0.40.75-0.140.740.970.970.56
0.920.670.540.80.790.940.940.870.380.01-0.720.870.890.7-0.230.230.950.94-0.220.86-0.190.930.890.750.13
0.990.580.720.80.910.940.971.00.23-0.04-0.771.00.890.640.04-0.020.850.96-0.40.8-0.110.790.960.970.54
0.630.970.820.850.370.580.630.6-0.330.66-0.950.590.70.64-0.640.530.530.77-0.710.870.50.820.590.560.08
0.0-0.56-0.21-0.240.160.07-0.090.070.33-0.530.410.06-0.230.04-0.64-0.42-0.16-0.130.51-0.28-0.41-0.31-0.070.130.52
-0.040.680.240.49-0.360.13-0.04-0.08-0.30.78-0.4-0.110.23-0.020.53-0.42-0.010.210.020.550.440.55-0.17-0.19-0.43
0.90.480.350.590.880.910.920.840.58-0.24-0.530.850.950.850.53-0.16-0.010.84-0.140.66-0.340.770.910.720.08
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-0.36-0.58-0.8-0.45-0.26-0.16-0.36-0.40.63-0.520.74-0.4-0.22-0.4-0.710.510.02-0.14-0.41-0.4-0.64-0.26-0.41-0.5-0.4
0.790.890.80.980.510.80.790.77-0.090.46-0.910.750.860.80.87-0.280.550.660.92-0.40.170.970.710.70.24
-0.170.550.470.16-0.31-0.17-0.24-0.13-0.750.85-0.42-0.14-0.19-0.110.5-0.410.44-0.34-0.04-0.640.170.04-0.23-0.07-0.03
0.80.850.650.930.550.850.810.760.110.34-0.820.740.930.790.82-0.310.550.770.92-0.260.970.040.720.640.08
0.980.490.630.70.940.890.990.970.31-0.18-0.70.970.890.960.59-0.07-0.170.910.92-0.410.71-0.230.720.930.47
0.940.470.780.730.890.830.910.970.1-0.07-0.740.970.750.970.560.13-0.190.720.89-0.50.7-0.070.640.930.73
0.470.00.610.360.470.310.420.57-0.24-0.12-0.380.560.130.540.080.52-0.430.080.41-0.40.24-0.030.080.470.73
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Oatly Group Account Relationship Matchups

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