IFS Stock | | | USD 29.04 0.10 0.35% |
Intercorp Financial financial indicator trend analysis is infinitely more than just investigating Intercorp Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intercorp Financial is a good investment. Please check the relationship between Intercorp Financial Other Operating Expenses and its Gross Profit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercorp Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
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
Intercorp Financial Other Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Intercorp Financial's Other Operating Expenses and Gross Profit is 0.81. 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 Intercorp Financial Services, assuming nothing else is changed. The correlation between historical values of Intercorp Financial'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 Intercorp Financial Services 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., Intercorp Financial's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Intercorp Financial. It is also known as Intercorp Financial 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 Intercorp Financial Services minus its cost of goods sold. It is profit before Intercorp Financial 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 Intercorp Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intercorp Financial 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 Intercorp Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Selling General Administrative is likely to gain to about 2
B in 2024.
Tax Provision is likely to gain to about 385.9
M in 2024
Intercorp Financial fundamental ratios Correlations
Click cells to compare fundamentals
Intercorp Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intercorp Financial fundamental ratios Accounts
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Additional Tools for Intercorp Stock Analysis
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measure Intercorp Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intercorp Financial is operating at the current time. Most of Intercorp Financial's value examination focuses on studying past and present price action to
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