ULVR Stock | | | 4,555 4.00 0.09% |
Unilever PLC financial indicator trend analysis is much more than just breaking down Unilever PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unilever PLC is a good investment. Please check the relationship between Unilever PLC Interest Expense and its Total Other Income Expense Net accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Unilever 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.
Interest Expense vs Total Other Income Expense Net
Interest Expense vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Unilever PLC Interest Expense account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Unilever PLC's Interest Expense and Total Other Income Expense Net is -0.49. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Unilever PLC, assuming nothing else is changed. The correlation between historical values of Unilever PLC's Interest Expense and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Unilever PLC are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Expense i.e., Unilever PLC's Interest Expense and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Total Other Income Expense Net
Most indicators from Unilever PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unilever 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Unilever 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 gain to about 7.8
B in 2024.
Tax Provision is likely to gain to about 2.3
B in 2024
Unilever PLC fundamental ratios Correlations
Click cells to compare fundamentals
Unilever PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unilever PLC fundamental ratios Accounts
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