Centrica Non Currrent Assets Other vs Total Assets Analysis

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 Non Currrent Assets Other and its Total Assets 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.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrica PLC Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centrica PLC's Non Currrent Assets Other and Total Assets is -0.15. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Centrica PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Centrica PLC's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Centrica PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Centrica PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.