Autoliv Income Statement Research

ALV Stock  USD 115.69  0.08  0.07%   
Most accounts from Autoliv's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Autoliv current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Autoliv Valuation and Autoliv Correlation analysis.
For more information on how to buy Autoliv Stock please use our How to Invest in Autoliv guide.
  
At this time, Autoliv's Research Development is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 165 M in 2024, whereas Interest Expense is likely to drop slightly above 67.1 M in 2024.
Most accounts from Autoliv's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Autoliv current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Autoliv Valuation and Autoliv Correlation analysis.
For more information on how to buy Autoliv Stock please use our How to Invest in Autoliv guide.At this time, Autoliv's Research Development is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 165 M in 2024, whereas Interest Expense is likely to drop slightly above 67.1 M in 2024.
 2021 2023 2024 (projected)
Interest Expense60M93M67.1M
Depreciation And Amortization393M378M342.6M

Autoliv income statement Correlations

-0.680.760.760.610.780.33-0.390.580.090.770.620.520.390.530.29-0.44-0.53-0.2-0.27-0.64-0.68-0.12-0.12-0.32
-0.68-0.86-0.86-0.74-0.86-0.660.47-0.650.17-0.86-0.67-0.92-0.85-0.92-0.540.110.41-0.180.120.220.250.070.070.18
0.76-0.860.890.650.90.66-0.350.510.010.920.530.790.640.820.29-0.09-0.330.19-0.35-0.25-0.41-0.13-0.19-0.23
0.76-0.860.890.911.00.77-0.110.810.261.00.810.860.650.880.56-0.34-0.20.13-0.02-0.34-0.18-0.03-0.030.02
0.61-0.740.650.910.90.750.10.930.410.870.920.810.590.810.72-0.45-0.070.110.28-0.270.090.030.110.26
0.78-0.860.91.00.90.74-0.160.810.221.00.810.840.650.860.54-0.34-0.240.12-0.04-0.35-0.2-0.03-0.030.0
0.33-0.660.660.770.750.740.290.50.490.750.480.880.630.850.610.090.330.540.240.00.16-0.05-0.030.14
-0.390.47-0.35-0.110.1-0.160.29-0.010.88-0.16-0.11-0.14-0.41-0.140.12-0.10.810.190.510.230.510.030.160.47
0.58-0.650.510.810.930.810.5-0.010.280.760.950.660.510.690.67-0.62-0.19-0.050.28-0.270.120.110.230.3
0.090.170.010.260.410.220.490.880.280.220.20.11-0.250.120.27-0.330.60.10.41-0.070.21-0.030.110.35
0.77-0.860.921.00.871.00.75-0.160.760.220.760.850.650.870.51-0.3-0.230.14-0.08-0.34-0.23-0.05-0.06-0.03
0.62-0.670.530.810.920.810.48-0.110.950.20.760.640.540.640.67-0.53-0.26-0.040.27-0.360.070.090.150.27
0.52-0.920.790.860.810.840.88-0.140.660.110.850.640.880.970.710.01-0.050.420.15-0.070.010.010.050.02
0.39-0.850.640.650.590.650.63-0.410.51-0.250.650.540.880.80.680.2-0.140.430.210.040.080.30.260.12
0.53-0.920.820.880.810.860.85-0.140.690.120.870.640.970.80.58-0.09-0.090.350.02-0.07-0.01-0.030.0-0.01
0.29-0.540.290.560.720.540.610.120.670.270.510.670.710.680.58-0.130.180.320.710.060.30.270.450.36
-0.440.11-0.09-0.34-0.45-0.340.09-0.1-0.62-0.33-0.3-0.530.010.2-0.09-0.130.370.71-0.050.330.21-0.08-0.23-0.18
-0.530.41-0.33-0.2-0.07-0.240.330.81-0.190.6-0.23-0.26-0.05-0.14-0.090.180.370.60.580.460.630.150.230.43
-0.2-0.180.190.130.110.120.540.19-0.050.10.14-0.040.420.430.350.320.710.60.250.440.47-0.12-0.050.07
-0.270.12-0.35-0.020.28-0.040.240.510.280.41-0.080.270.150.210.020.71-0.050.580.250.340.650.50.70.69
-0.640.22-0.25-0.34-0.27-0.350.00.23-0.27-0.07-0.34-0.36-0.070.04-0.070.060.330.460.440.340.60.210.410.41
-0.680.25-0.41-0.180.09-0.20.160.510.120.21-0.230.070.010.08-0.010.30.210.630.470.650.60.290.380.73
-0.120.07-0.13-0.030.03-0.03-0.050.030.11-0.03-0.050.090.010.3-0.030.27-0.080.15-0.120.50.210.290.880.7
-0.120.07-0.19-0.030.11-0.03-0.030.160.230.11-0.060.150.050.260.00.45-0.230.23-0.050.70.410.380.880.73
-0.320.18-0.230.020.260.00.140.470.30.35-0.030.270.020.12-0.010.36-0.180.430.070.690.410.730.70.73
Click cells to compare fundamentals

Autoliv Account Relationship Matchups

Autoliv income statement Accounts

201920202021202220232024 (projected)
Interest Expense66.1M69.5M73M60M93M67.1M
Total Revenue8.5B7.4B8.2B8.8B10.5B7.7B
Gross Profit1.6B1.2B1.5B1.4B1.8B1.5B
Operating Income725.8M382.1M675M659M896M604.4M
Ebit725.8M382.1M675M659M896M652.8M
Research Development405.5M375.5M391M390M401M417.7M
Ebitda1.1B735.1M1.1B1.0B1.3B995.4M
Cost Of Revenue7.0B6.2B6.7B7.4B8.7B6.2B
Income Before Tax648.4M291.2M614M603M612M506.8M
Net Income461.5M187M435M423M488M335.9M
Income Tax Expense185.6M102.9M177M178M123M165.0M
Minority Interest1.6M1.3M1.4M(2M)(1M)(1.1M)
Tax Provision185.6M102.9M177M178M123M148.0M
Interest Income3.6M4.6M53M51M13M24.7M
Net Interest Income(65.9M)(68.4M)(56M)(54M)(80M)(84M)

Pair Trading with Autoliv

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Autoliv position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Autoliv will appreciate offsetting losses from the drop in the long position's value.

Moving together with Autoliv Stock

  0.81F Ford Motor Earnings Call This WeekPairCorr
  0.89TM Toyota Motor Financial Report 8th of May 2024 PairCorr

Moving against Autoliv Stock

  0.9EGOX NexteGO NV OrdinaryPairCorr
  0.9FUV ArcimotoPairCorr
  0.84VFSWW VinFast AutoPairCorr
  0.81RIVN Rivian Automotive Financial Report 14th of May 2024 PairCorr
  0.76TSLA Tesla Inc Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Autoliv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autoliv when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Autoliv - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Autoliv to buy it.
The correlation of Autoliv is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Autoliv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autoliv moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Autoliv can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Autoliv is a strong investment it is important to analyze Autoliv's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Autoliv's future performance. For an informed investment choice regarding Autoliv Stock, refer to the following important reports:
Check out Autoliv Valuation and Autoliv Correlation analysis.
For more information on how to buy Autoliv Stock please use our How to Invest in Autoliv guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary 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.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Is Autoliv's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Autoliv. If investors know Autoliv will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Autoliv listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.511
Dividend Share
2.66
Earnings Share
5.71
Revenue Per Share
123.235
Quarterly Revenue Growth
0.178
The market value of Autoliv is measured differently than its book value, which is the value of Autoliv that is recorded on the company's balance sheet. Investors also form their own opinion of Autoliv's value that differs from its market value or its book value, called intrinsic value, which is Autoliv's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Autoliv's market value can be influenced by many factors that don't directly affect Autoliv's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Autoliv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autoliv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autoliv's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.