Glencore Net Interest Income vs Discontinued Operations Analysis

GLEN Stock   354.60  0.75  0.21%   
Glencore PLC financial indicator trend analysis is much more than just examining Glencore PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glencore PLC is a good investment. Please check the relationship between Glencore PLC Net Interest Income and its Discontinued Operations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore 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.

Net Interest Income vs Discontinued Operations

Net Interest Income vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glencore PLC Net Interest Income account and Discontinued Operations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Glencore PLC's Net Interest Income and Discontinued Operations is -0.17. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Glencore PLC, assuming nothing else is changed. The correlation between historical values of Glencore PLC's Net Interest Income and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Glencore PLC are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Net Interest Income i.e., Glencore PLC's Net Interest Income and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Discontinued Operations

Most indicators from Glencore PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glencore 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore 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.
Discontinued Operations is likely to gain to about 2.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.8B2.5B1.7B
Depreciation And Amortization6.3B7.0B6.6B4.9B

Glencore PLC fundamental ratios Correlations

0.550.810.970.670.020.340.80.530.840.45-0.520.660.590.990.820.90.860.88-0.40.850.90.660.720.80.71
0.550.650.650.850.53-0.260.150.850.16-0.07-0.210.81-0.060.570.760.430.110.39-0.710.110.36-0.050.050.830.73
0.810.650.80.560.39-0.050.730.620.430.54-0.610.880.50.820.640.540.540.5-0.240.520.510.590.680.680.53
0.970.650.80.740.080.320.70.610.710.36-0.550.70.560.930.850.860.720.83-0.520.720.830.510.60.830.74
0.670.850.560.740.170.10.310.850.390.08-0.090.58-0.050.690.950.730.320.7-0.730.320.660.120.210.960.94
0.020.530.390.080.17-0.79-0.180.27-0.29-0.1-0.190.58-0.060.060.05-0.19-0.2-0.20.0-0.2-0.22-0.24-0.160.210.09
0.34-0.26-0.050.320.1-0.790.46-0.140.450.36-0.12-0.320.450.260.190.490.410.49-0.150.410.520.420.420.050.17
0.80.150.730.70.31-0.180.460.210.720.65-0.660.410.690.80.510.690.810.680.030.790.710.820.980.460.4
0.530.850.620.610.850.27-0.140.210.190.03-0.060.68-0.130.570.790.460.150.41-0.610.140.40.140.10.830.76
0.840.160.430.710.39-0.290.450.720.190.31-0.310.280.530.840.620.870.970.87-0.190.970.890.660.670.550.5
0.45-0.070.540.360.08-0.10.360.650.030.31-0.250.270.440.460.150.370.470.360.110.450.380.740.70.130.12
-0.52-0.21-0.61-0.55-0.09-0.19-0.12-0.66-0.06-0.31-0.25-0.44-0.71-0.46-0.21-0.29-0.41-0.28-0.12-0.39-0.31-0.36-0.65-0.24-0.14
0.660.810.880.70.580.58-0.320.410.680.280.27-0.440.240.690.590.390.330.33-0.370.330.320.280.340.670.48
0.59-0.060.50.56-0.05-0.060.450.69-0.130.530.44-0.710.240.510.110.380.660.370.190.650.430.620.660.09-0.03
0.990.570.820.930.690.060.260.80.570.840.46-0.460.690.510.850.90.860.88-0.390.850.880.670.720.830.73
0.820.760.640.850.950.050.190.510.790.620.15-0.210.590.110.850.860.550.84-0.680.550.820.30.420.970.95
0.90.430.540.860.73-0.190.490.690.460.870.37-0.290.390.380.90.860.820.99-0.450.820.980.520.630.810.81
0.860.110.540.720.32-0.20.410.810.150.970.47-0.410.330.660.860.550.820.83-0.051.00.860.770.770.50.41
0.880.390.50.830.7-0.20.490.680.410.870.36-0.280.330.370.880.840.990.83-0.450.830.990.530.630.780.81
-0.4-0.71-0.24-0.52-0.730.0-0.150.03-0.61-0.190.11-0.12-0.370.19-0.39-0.68-0.45-0.05-0.45-0.06-0.430.110.12-0.6-0.69
0.850.110.520.720.32-0.20.410.790.140.970.45-0.390.330.650.850.550.821.00.83-0.060.850.760.740.50.41
0.90.360.510.830.66-0.220.520.710.40.890.38-0.310.320.430.880.820.980.860.99-0.430.850.60.660.740.78
0.66-0.050.590.510.12-0.240.420.820.140.660.74-0.360.280.620.670.30.520.770.530.110.760.60.80.230.2
0.720.050.680.60.21-0.160.420.980.10.670.7-0.650.340.660.720.420.630.770.630.120.740.660.80.370.34
0.80.830.680.830.960.210.050.460.830.550.13-0.240.670.090.830.970.810.50.78-0.60.50.740.230.370.93
0.710.730.530.740.940.090.170.40.760.50.12-0.140.48-0.030.730.950.810.410.81-0.690.410.780.20.340.93
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Glencore PLC Account Relationship Matchups

Glencore PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.1B118B127.5B132.6B123.9B115.2B
Other Current Liab21.6B19.3B27.8B30.6B30.4B16.9B
Total Current Liabilities39.4B39.4B49.5B53.4B49.5B43.0B
Total Stockholder Equity40.3B37.6B39.9B49.4B43.6B35.3B
Other Liab16.7B14.7B14.3B14.6B16.8B9.2B
Retained Earnings4.7B2.8B7.9B25.2B29.6B31.1B
Accounts Payable21.9B10.1B11.5B7.8B5.7B5.4B
Cash1.9B1.4B2.7B1.8B1.9B2.0B
Other Assets4.7B6.5B6.2B5.3B6.1B3.2B
Long Term Debt27.9B28.2B25.7B17.9B20.3B24.0B
Net Receivables10.6B8.1B10.6B13.1B10.9B9.3B
Short Term Investments3.6B3.4B70.2M128M21M20.0M
Inventory19.9B22.9B28.4B33.5B31.6B21.7B
Other Current Assets20.0B10.7B15.4B20.7B19.7B22.8B
Total Liab84.8B83.6B90.6B87.4B85.6B78.3B
Property Plant Equipment55.4B47.1B43.2B39.6B45.5B38.5B
Short Long Term Debt Total37.0B37.5B34.6B28.8B32.2B37.1B
Property Plant And Equipment Net55.4B47.1B43.2B39.6B39.2B45.0B
Current Deferred Revenue(12.0B)(9.6B)(10.0B)(15.4B)110M115.5M
Net Debt35.1B36.1B31.9B26.9B30.3B34.9B
Non Current Assets Total82.2B74.8B69.7B63.4B59.8B73.1B
Non Currrent Assets Other6.6B8.1B7.9B5.4B5.1B7.2B
Cash And Short Term Investments1.9B1.4B2.7B2.0B1.9B2.2B
Common Stock Shares Outstanding13.8B13.2B13.3B13.1B12.5B12.4B
Liabilities And Stockholders Equity124.1B118B127.5B132.6B123.9B124.8B
Non Current Liabilities Total45.4B44.2B41.1B33.9B36.2B39.9B
Other Stockholder Equity35.4B28.8B37.8B17.2B13.8B13.1B
Property Plant And Equipment Gross55.4B47.1B100.7B98.3B103.4B57.4B
Total Current Assets41.8B43.2B57.8B69.2B64.0B54.1B
Accumulated Other Comprehensive Income(5.0B)(5.8B)(5.9B)(6.8B)(7.0B)(6.7B)
Short Term Debt8.0B8.8B7.9B10.0B11.0B10.8B
Intangible Assets2.0B1.6B1.4B1.3B1.0B1.3B
Net Tangible Assets33.3B31.2B33.7B43.3B38.9B29.9B
Short Long Term Debt7.5B7.7B7.3B9.5B10.4B10.3B
Treasury Stock(1.6B)(3.3B)(5.4B)(5.3B)(4.8B)(4.5B)
Long Term Debt Total29.1B29.2B26.8B18.9B17.0B21.1B

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