Centrica Depreciation And Amortization vs Gross Profit Analysis

CNA Stock   125.90  0.35  0.28%   
Centrica PLC financial indicator trend analysis is way more than just evaluating Centrica PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrica PLC is a good investment. Please check the relationship between Centrica PLC Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centrica PLC. 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.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrica PLC Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centrica PLC's Depreciation And Amortization and Gross Profit is -0.02. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Centrica PLC, assuming nothing else is changed. The correlation between historical values of Centrica PLC's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Centrica PLC are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Centrica PLC's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Centrica PLC minus its cost of goods sold. It is profit before Centrica PLC 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.
Most indicators from Centrica PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrica PLC 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 Centrica PLC. 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.
At present, Centrica PLC's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6.3 M, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense197M221M306M213.1M
Depreciation And Amortization799M669M518M1.0B

Centrica PLC fundamental ratios Correlations

0.580.790.80.110.20.05-0.040.190.340.29-0.150.320.670.7-0.530.250.530.620.10.960.680.710.590.660.31
0.580.110.130.030.550.68-0.060.61-0.160.70.35-0.170.430.420.090.81-0.070.39-0.390.560.330.050.380.410.85
0.790.111.0-0.33-0.37-0.39-0.4-0.310.57-0.32-0.660.550.580.66-0.83-0.330.660.650.370.880.420.940.540.59-0.16
0.80.131.0-0.31-0.35-0.37-0.37-0.320.57-0.3-0.650.540.580.66-0.82-0.320.670.640.360.890.430.940.60.59-0.14
0.110.03-0.33-0.310.670.150.890.42-0.170.60.66-0.16-0.08-0.220.40.370.01-0.34-0.17-0.170.47-0.31-0.13-0.090.07
0.20.55-0.37-0.350.670.810.480.81-0.670.930.78-0.66-0.19-0.240.310.75-0.37-0.08-0.470.020.37-0.5-0.04-0.220.7
0.050.68-0.39-0.370.150.81-0.050.77-0.840.780.6-0.84-0.18-0.170.250.73-0.650.04-0.450.01-0.03-0.53-0.01-0.230.91
-0.04-0.06-0.4-0.370.890.48-0.050.250.040.450.610.06-0.18-0.350.530.320.19-0.4-0.33-0.280.43-0.34-0.11-0.16-0.14
0.190.61-0.31-0.320.420.810.770.25-0.580.850.83-0.58-0.13-0.20.330.83-0.40.15-0.560.060.21-0.44-0.12-0.170.74
0.34-0.160.570.57-0.17-0.67-0.840.04-0.58-0.5-0.531.00.520.52-0.23-0.360.820.210.30.380.260.710.280.57-0.59
0.290.7-0.32-0.30.60.930.780.450.85-0.50.8-0.49-0.04-0.060.40.86-0.23-0.03-0.50.120.31-0.46-0.01-0.060.76
-0.150.35-0.66-0.650.660.780.60.610.83-0.530.8-0.51-0.29-0.450.730.73-0.41-0.27-0.64-0.340.12-0.69-0.27-0.310.46
0.32-0.170.550.54-0.16-0.66-0.840.06-0.581.0-0.49-0.510.520.51-0.2-0.360.820.180.290.360.250.690.270.57-0.6
0.670.430.580.58-0.08-0.19-0.18-0.18-0.130.52-0.04-0.290.520.9-0.20.130.460.280.310.670.320.690.41.00.16
0.70.420.660.66-0.22-0.24-0.17-0.35-0.20.52-0.06-0.450.510.9-0.40.050.450.40.50.740.190.70.390.90.21
-0.530.09-0.83-0.820.40.310.250.530.33-0.230.40.73-0.2-0.2-0.40.43-0.31-0.62-0.49-0.65-0.23-0.73-0.35-0.20.12
0.250.81-0.33-0.320.370.750.730.320.83-0.360.860.73-0.360.130.050.43-0.270.12-0.520.140.26-0.36-0.010.10.82
0.53-0.070.660.670.01-0.37-0.650.19-0.40.82-0.23-0.410.820.460.45-0.31-0.270.20.170.530.440.660.40.51-0.46
0.620.390.650.64-0.34-0.080.04-0.40.150.21-0.03-0.270.180.280.4-0.620.120.20.140.710.390.60.440.270.27
0.1-0.390.370.36-0.17-0.47-0.45-0.33-0.560.3-0.5-0.640.290.310.5-0.49-0.520.170.140.13-0.220.450.10.31-0.28
0.960.560.880.89-0.170.020.01-0.280.060.380.12-0.340.360.670.74-0.650.140.530.710.130.550.790.620.670.28
0.680.330.420.430.470.37-0.030.430.210.260.310.120.250.320.19-0.230.260.440.39-0.220.550.410.250.330.06
0.710.050.940.94-0.31-0.5-0.53-0.34-0.440.71-0.46-0.690.690.690.7-0.73-0.360.660.60.450.790.410.560.71-0.26
0.590.380.540.6-0.13-0.04-0.01-0.11-0.120.28-0.01-0.270.270.40.39-0.35-0.010.40.440.10.620.250.560.410.12
0.660.410.590.59-0.09-0.22-0.23-0.16-0.170.57-0.06-0.310.571.00.9-0.20.10.510.270.310.670.330.710.410.12
0.310.85-0.16-0.140.070.70.91-0.140.74-0.590.760.46-0.60.160.210.120.82-0.460.27-0.280.280.06-0.260.120.12
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Centrica PLC Account Relationship Matchups

Centrica PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B17.1B27.1B29.0B21.4B17.0B
Short Long Term Debt Total5.3B5.3B4.6B4.0B4.1B3.8B
Other Current Liab7.0B6.2B15.9B19.7B9.4B5.9B
Total Current Liabilities8.9B7.7B18.0B21.7B11.1B7.5B
Total Stockholder Equity1.2B957M2.4B1.0B3.9B3.0B
Property Plant And Equipment Net3.1B2.6B2.0B1.7B1.8B1.8B
Net Debt3.9B3.5B(485M)(880M)(2.4B)(2.3B)
Retained Earnings(869M)(337M)377M(466M)3.7B3.9B
Accounts Payable571M440M542M481M474M450.3M
Cash1.3B1.8B5.1B4.8B6.4B6.8B
Non Current Assets Total8.5B6.7B4.8B4.9B5.3B8.6B
Non Currrent Assets Other(553M)(824M)(823M)(1.7B)64M60.8M
Cash And Short Term Investments1.5B1.8B5.1B4.8B6.8B7.2B
Common Stock Total Equity348M354M360M361M415.2M308.9M
Common Stock Shares Outstanding5.8B5.9B5.9B5.9B5.7B5.4B
Short Term Investments124M(511M)(1.2B)(1.9B)405M425.3M
Liabilities And Stockholders Equity18.2B17.1B27.1B29.0B21.4B17.0B
Non Current Liabilities Total4.1B8.1B3.2B2.8B6.0B5.9B
Inventory431M324M644M1.3B1.1B1.1B
Other Current Assets2.5B6.2B9.8B8.8B3.6B4.1B
Other Stockholder Equity1.7B2.8B2.4B2.3B1.3B1.2B
Total Liab16.4B15.7B24.3B27.8B17.1B13.9B
Property Plant And Equipment Gross3.3B2.6B12.5B12.8B13.2B6.7B
Total Current Assets8.3B10.4B19.9B20.7B16.1B8.1B
Accumulated Other Comprehensive Income(1.1B)(1.4B)(1.2B)(1.5B)(1.5B)(1.6B)
Short Term Debt774M787M1.2B1.0B1.0B587.6M
Common Stock360M361M363M365M419.8M318.8M
Intangible Assets1.5B1.8B760M707M340M323M
Other Liab3.0B3.5B2.9B3.0B3.5B2.7B
Other Assets1.4B1.3B2.4B3.5B4.0B4.2B
Long Term Debt4.1B4.3B3.2B2.8B2.8B3.6B
Net Receivables3.9B2.9B6.0B8.5B4.5B3.9B
Good Will2.6B929M401M409M405M384.8M
Property Plant Equipment3.1B2.6B2.0B1.7B2.0B1.9B
Current Deferred Revenue519M425M381M1.1B1.5B1.6B
Treasury Stock(142M)(107M)(37M)(31M)(27.9M)(29.3M)
Net Tangible Assets(2.8B)(983M)1.2B(99M)(113.9M)(119.5M)
Short Long Term Debt691M616M1.1B921M904M924.7M
Capital Surpluse2.3B2.3B2.4B2.4B2.8B2.5B

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Other Information on Investing in Centrica Stock

Balance Sheet is a snapshot of the financial position of Centrica PLC at a specified time, usually calculated after every quarter, six months, or one year. Centrica PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centrica PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Centrica currently owns. An asset can also be divided into two categories, current and non-current.