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 Other Operating Expenses 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.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Centrica PLC Other Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Centrica PLC's Other Operating Expenses and Gross Profit is 0.03. Overlapping area represents the amount of variation of Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses i.e., Centrica PLC's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Centrica PLC. It is also known as Centrica PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.
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.