CNA Stock | | | 126.25 0.25 0.20% |
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 Discontinued Operations and its Operating Income 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.
Discontinued Operations vs Operating Income
Discontinued Operations vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centrica PLC Discontinued Operations account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Centrica PLC's Discontinued Operations and Operating Income is 0.71. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Operating Income 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 Discontinued Operations and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Centrica PLC are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Discontinued Operations i.e., Centrica PLC's Discontinued Operations and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Discontinued Operations
Operating Income
Operating Income is the amount of profit realized from Centrica PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Centrica PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
Centrica PLC fundamental ratios Correlations
Click cells to compare fundamentals
Centrica PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centrica PLC fundamental ratios Accounts
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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.