EZJ Stock | | | 571.60 1.80 0.31% |
EasyJet PLC financial indicator trend analysis is much more than just examining EasyJet PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EasyJet PLC is a good investment. Please check the relationship between EasyJet PLC Other Operating Expenses and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EasyJet 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 Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EasyJet PLC Other Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EasyJet PLC's Other Operating Expenses and Operating Income is 0.45. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of EasyJet PLC, assuming nothing else is changed. The correlation between historical values of EasyJet PLC's Other Operating Expenses 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 Other Operating Expenses of EasyJet 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 Other Operating Expenses i.e., EasyJet PLC's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EasyJet PLC. It is also known as EasyJet 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.
Operating Income
Operating Income is the amount of profit realized from EasyJet 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 EasyJet 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 EasyJet PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EasyJet 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EasyJet 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, EasyJet PLC's
Tax Provision is projected to decrease significantly based on the last few years of reporting.
EasyJet PLC fundamental ratios Correlations
Click cells to compare fundamentals
EasyJet PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EasyJet PLC fundamental ratios Accounts
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Other Information on Investing in EasyJet Stock
Balance Sheet is a snapshot of the
financial position of EasyJet PLC at a specified time, usually calculated after every quarter, six months, or one year. EasyJet PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EasyJet 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 EasyJet currently owns. An asset can also be divided into two categories, current and non-current.