Ferrexpo Total Operating Expenses vs Reconciled Depreciation Analysis

FXPO Stock   109.00  4.40  3.88%   
Ferrexpo PLC financial indicator trend analysis is much more than just examining Ferrexpo PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferrexpo PLC is a good investment. Please check the relationship between Ferrexpo PLC Total Operating Expenses and its Reconciled Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferrexpo 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 board of governors.

Total Operating Expenses vs Reconciled Depreciation

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ferrexpo PLC Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ferrexpo PLC's Total Operating Expenses and Reconciled Depreciation is 0.63. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Ferrexpo PLC, assuming nothing else is changed. The correlation between historical values of Ferrexpo PLC's Total Operating Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Ferrexpo PLC are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Ferrexpo PLC's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Reconciled Depreciation

Most indicators from Ferrexpo PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferrexpo 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 Ferrexpo 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 board of governors.
Selling General Administrative is likely to drop to about 62 M in 2024. Tax Provision is likely to drop to about 15.5 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense7.9M2.9M2.7M2.6M
Depreciation And Amortization115.1M97.0M57.7M67.0M

Ferrexpo PLC fundamental ratios Correlations

-0.11-0.160.80.560.10.70.760.340.630.8-0.070.40.430.270.590.50.510.920.490.930.230.050.920.460.75
-0.110.340.040.00.230.24-0.16-0.21-0.41-0.26-0.52-0.170.12-0.06-0.350.280.260.0-0.42-0.03-0.45-0.4-0.07-0.18-0.18
-0.160.34-0.330.060.10.17-0.230.62-0.020.02-0.06-0.15-0.28-0.620.180.20.25-0.180.16-0.19-0.540.4-0.060.51-0.24
0.80.04-0.330.550.50.640.410.140.070.51-0.040.270.770.50.010.640.470.89-0.10.890.35-0.460.80.280.4
0.560.00.060.550.120.410.080.420.140.52-0.040.770.43-0.210.170.660.110.690.110.710.130.080.770.610.08
0.10.230.10.50.120.16-0.260.14-0.46-0.160.02-0.260.810.24-0.430.50.670.34-0.520.280.19-0.50.150.13-0.27
0.70.240.170.640.410.160.330.450.260.65-0.130.120.350.080.290.630.420.710.20.73-0.110.010.750.480.33
0.76-0.16-0.230.410.08-0.260.330.010.750.49-0.040.110.00.440.68-0.090.240.480.640.490.130.070.480.071.0
0.34-0.210.620.140.420.140.450.010.330.530.260.190.06-0.470.470.40.370.320.430.31-0.150.540.480.960.01
0.63-0.41-0.020.070.14-0.460.260.750.330.690.190.33-0.22-0.060.98-0.130.190.380.970.39-0.020.680.470.350.76
0.8-0.260.020.510.52-0.160.650.490.530.690.190.510.11-0.160.70.450.260.750.640.770.020.440.840.610.5
-0.07-0.52-0.06-0.04-0.040.02-0.13-0.040.260.190.190.09-0.030.010.21-0.34-0.21-0.040.26-0.08-0.130.29-0.090.220.01
0.4-0.17-0.150.270.77-0.260.120.110.190.330.510.090.11-0.170.310.22-0.10.460.30.480.00.310.560.410.12
0.430.12-0.280.770.430.810.350.00.06-0.220.11-0.030.110.35-0.260.620.590.67-0.360.630.4-0.480.490.16-0.01
0.27-0.06-0.620.5-0.210.240.080.44-0.47-0.06-0.160.01-0.170.35-0.19-0.250.120.2-0.220.20.33-0.640.04-0.440.44
0.59-0.350.180.010.17-0.430.290.680.470.980.70.210.31-0.26-0.19-0.090.230.350.990.36-0.130.760.460.470.69
0.50.280.20.640.660.50.63-0.090.4-0.130.45-0.340.220.62-0.25-0.090.490.7-0.190.710.14-0.160.710.49-0.11
0.510.260.250.470.110.670.420.240.370.190.26-0.21-0.10.590.120.230.490.550.110.50.08-0.040.440.350.22
0.920.0-0.180.890.690.340.710.480.320.380.75-0.040.460.670.20.350.70.550.240.990.27-0.070.950.460.47
0.49-0.420.16-0.10.11-0.520.20.640.430.970.640.260.3-0.36-0.220.99-0.190.110.240.24-0.160.810.360.420.65
0.93-0.03-0.190.890.710.280.730.490.310.390.77-0.080.480.630.20.360.710.50.990.240.27-0.060.970.460.48
0.23-0.45-0.540.350.130.19-0.110.13-0.15-0.020.02-0.130.00.40.33-0.130.140.080.27-0.160.27-0.30.2-0.110.13
0.05-0.40.4-0.460.08-0.50.010.070.540.680.440.290.31-0.48-0.640.76-0.16-0.04-0.070.81-0.06-0.30.10.490.08
0.92-0.07-0.060.80.770.150.750.480.480.470.84-0.090.560.490.040.460.710.440.950.360.970.20.10.620.47
0.46-0.180.510.280.610.130.480.070.960.350.610.220.410.16-0.440.470.490.350.460.420.46-0.110.490.620.08
0.75-0.18-0.240.40.08-0.270.331.00.010.760.50.010.12-0.010.440.69-0.110.220.470.650.480.130.080.470.08
Click cells to compare fundamentals

Ferrexpo PLC Account Relationship Matchups

Ferrexpo PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B2.1B1.4B1.3B1.6B
Other Current Liab72.1M56.0M65.9M31.2M154.8M162.5M
Total Current Liabilities276.1M295.9M228.1M81.0M210.7M249.6M
Total Stockholder Equity1.4B1.5B1.8B1.3B1.1B949.2M
Other Liab36.8M35.4M30.1M22.1M25.4M28.3M
Retained Earnings2.8B3.3B3.5B3.6B3.5B1.9B
Accounts Payable65.6M33.3M59.5M18.9M25.9M41.4M
Cash131.0M270.0M167.3M112.9M115.2M229.7M
Other Assets317.7M269.7M137.8M58.2M66.9M63.6M
Net Receivables137.4M146.6M186.6M20.1M63.6M60.4M
Common Stock Shares Outstanding588.3M589.0M588.7M588.9M588.3M473.8M
Inventory199.7M144.6M202.4M224.5M205.8M130.9M
Other Current Assets42.7M60.5M113.0M110.4M64.5M46.9M
Total Liab586.9M463.5M260.3M104.5M233.7M222.0M
Intangible Assets9.8M9.0M10.4M5.9M6.4M10.3M
Property Plant Equipment1.1B1.0B1.2B814.2M936.3M815.9M
Short Long Term Debt Total412.4M266.5M50.3M6.5M6.9M6.6M
Property Plant And Equipment Net1.1B1.0B1.2B814.2M832.9M880.1M
Net Debt281.4M(3.5M)(116.9M)(106.4M)(108.3M)(102.9M)
Non Current Assets Total1.4B1.3B1.4B885.8M898.0M1.1B
Non Currrent Assets Other279.1M239.2M104.9M43.7M54.1M51.4M
Cash And Short Term Investments131.0M270.0M167.3M112.9M115.2M185.7M
Good Will28.5M33.5M28.3M29.2M2.4M0.0
Liabilities And Stockholders Equity1.9B2.0B2.1B1.4B1.3B1.8B
Non Current Liabilities Total310.8M167.6M32.2M23.4M23.0M21.9M
Other Stockholder Equity(1.6B)(3.9B)(3.7B)(5.0B)(5.2B)(4.9B)
Property Plant And Equipment Gross1.1B1.0B1.2B814.2M832.9M881.8M
Total Current Assets510.8M625.9M678.9M468.9M449.1M610.5M
Accumulated Other Comprehensive Income(1.8B)(2.0B)(1.9B)(2.6B)(2.7B)(2.6B)
Short Term Debt138.4M134.3M48.2M5.2M5.9M5.6M
Net Tangible Assets1.3B1.5B1.8B1.2B1.4B1.1B
Short Long Term Debt310.8M202.5M134.8M129.1M42.1M0.0
Capital Lease Obligations10.1M9.0M8.2M6.5M6.9M8.1M
Net Invested Capital1.8B1.7B1.9B1.3B1.1B1.6B

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