Unilever Net Income vs Gross Profit Analysis

ULVR Stock   4,581  27.00  0.59%   
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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unilever PLC Net Income account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Unilever PLC's Net Income and Gross Profit is -0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income 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 Net Income of Unilever PLC 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 Net Income i.e., Unilever PLC's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Unilever PLC financial statement analysis. It represents the amount of money remaining after all of Unilever PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Unilever PLC minus its cost of goods sold. It is profit before Unilever PLC 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 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
 2021 2022 2023 2024 (projected)
Interest Expense491M818M1.1B697.3M
Depreciation And Amortization1.8B1.9B1.6B1.4B

Unilever PLC fundamental ratios Correlations

0.820.290.950.830.790.40.810.660.760.831.00.750.810.52-0.26-0.70.090.950.570.110.220.990.620.910.62
0.820.140.740.440.620.651.00.770.640.740.780.890.80.59-0.48-0.930.470.880.54-0.020.410.870.750.920.54
0.290.140.340.390.39-0.130.170.08-0.360.240.320.220.20.45-0.02-0.19-0.050.19-0.19-0.230.460.250.150.130.46
0.950.740.340.850.840.280.740.640.720.70.950.680.650.51-0.07-0.64-0.020.840.480.310.070.930.580.850.77
0.830.440.390.850.720.210.430.570.60.610.850.540.530.38-0.06-0.43-0.170.640.570.30.080.740.510.620.55
0.790.620.390.840.720.080.610.390.590.620.80.450.490.470.2-0.6-0.170.70.230.16-0.010.780.370.60.52
0.40.65-0.130.280.210.080.650.770.410.370.350.770.510.29-0.68-0.720.690.460.760.050.410.410.780.620.15
0.811.00.170.740.430.610.650.780.620.70.770.890.770.6-0.48-0.930.490.870.52-0.010.410.860.770.910.55
0.660.770.080.640.570.390.770.780.580.410.630.930.520.49-0.59-0.820.590.60.80.290.370.640.970.750.5
0.760.64-0.360.720.60.590.410.620.580.560.740.530.560.25-0.13-0.530.080.740.670.35-0.220.760.510.730.29
0.830.740.240.70.610.620.370.70.410.560.810.620.940.45-0.32-0.640.050.860.47-0.170.370.830.380.810.44
1.00.780.320.950.850.80.350.770.630.740.810.710.790.5-0.22-0.670.040.940.540.10.210.980.590.870.6
0.750.890.220.680.540.450.770.890.930.530.620.710.710.54-0.63-0.920.560.740.730.020.530.750.920.850.54
0.810.80.20.650.530.490.510.770.520.560.940.790.710.51-0.54-0.680.350.880.55-0.210.450.830.520.860.38
0.520.590.450.510.380.470.290.60.490.250.450.50.540.51-0.31-0.550.370.510.26-0.010.210.520.530.570.44
-0.26-0.48-0.02-0.07-0.060.2-0.68-0.48-0.59-0.13-0.32-0.22-0.63-0.54-0.310.49-0.75-0.35-0.60.4-0.68-0.26-0.65-0.43-0.04
-0.7-0.93-0.19-0.64-0.43-0.6-0.72-0.93-0.82-0.53-0.64-0.67-0.92-0.68-0.550.49-0.53-0.74-0.590.03-0.52-0.73-0.83-0.78-0.4
0.090.47-0.05-0.02-0.17-0.170.690.490.590.080.050.040.560.350.37-0.75-0.530.190.42-0.110.470.120.670.33-0.02
0.950.880.190.840.640.70.460.870.60.740.860.940.740.880.51-0.35-0.740.190.5-0.070.280.980.570.920.49
0.570.54-0.190.480.570.230.760.520.80.670.470.540.730.550.26-0.6-0.590.420.50.180.170.510.80.650.25
0.11-0.02-0.230.310.30.160.05-0.010.290.35-0.170.10.02-0.21-0.010.40.03-0.11-0.070.18-0.50.070.140.140.4
0.220.410.460.070.08-0.010.410.410.37-0.220.370.210.530.450.21-0.68-0.520.470.280.17-0.50.220.420.240.07
0.990.870.250.930.740.780.410.860.640.760.830.980.750.830.52-0.26-0.730.120.980.510.070.220.60.930.61
0.620.750.150.580.510.370.780.770.970.510.380.590.920.520.53-0.65-0.830.670.570.80.140.420.60.710.44
0.910.920.130.850.620.60.620.910.750.730.810.870.850.860.57-0.43-0.780.330.920.650.140.240.930.710.66
0.620.540.460.770.550.520.150.550.50.290.440.60.540.380.44-0.04-0.4-0.020.490.250.40.070.610.440.66
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Unilever PLC Account Relationship Matchups

Unilever PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.8B67.7B75.1B77.8B75.3B44.5B
Short Long Term Debt Total28.3B26.8B29.7B29.3B28.6B30.0B
Other Current Liab6.4B6.5B7.5B1.8B6.9B4.5B
Total Current Liabilities21.0B20.6B24.8B25.4B23.5B16.7B
Total Stockholder Equity13.2B15.3B17.1B19.0B18.1B11.0B
Property Plant And Equipment Net10.3B12.1B10.6B10.8B10.7B9.6B
Current Deferred Revenue1.5B2.1B2.8B8.1B9.3B9.8B
Net Debt24.1B21.2B26.3B24.1B24.4B25.7B
Retained Earnings18.2B22.5B46.7B50.3B47.1B49.4B
Accounts Payable9.2B8.4B8.9B18.0B10.4B7.1B
Cash4.2B5.5B3.4B4.3B4.2B2.7B
Non Current Assets Total48.4B51.5B57.7B58.7B57.4B29.4B
Non Currrent Assets Other4.0B4.5B7.4B6.6B6.9B7.2B
Cash And Short Term Investments5.1B6.3B4.5B5.5B6.1B3.7B
Net Receivables4.9B3.4B3.6B4.5B4.0B4.2B
Common Stock Shares Outstanding2.6B2.6B2.6B2.6B2.5B2.4B
Short Term Investments907M749M1.1B1.2B2.0B2.0B
Liabilities And Stockholders Equity64.8B67.7B75.1B77.8B75.3B44.4B
Non Current Liabilities Total29.9B29.4B30.6B30.7B31.0B16.0B
Inventory4.2B4.5B4.7B5.9B5.1B4.9B
Other Current Assets2.3B2.0B4.6B7.7B6.7B6.1B
Other Stockholder Equity(10.3B)73.0B49.4B(31.3B)46.6B48.9B
Total Liab50.9B50.0B55.3B56.1B54.5B32.6B
Property Plant And Equipment Gross12.1B10.6B22.1B23.1B22.8B24.0B
Total Current Assets16.4B16.2B17.4B19.2B17.9B15.1B
Accumulated Other Comprehensive Income(4.9B)(80.4B)(79.2B)(79.4B)(75.6B)(71.9B)
Short Term Debt4.5B4.3B7.1B5.6B4.9B4.6B
Other Assets4.6B5.2B7.8B6.3B7.2B7.5B
Intangible Assets13.0B16.0B18.3B18.9B18.4B12.5B
Other Liab6.4B6.6B7.7B7.0B8.0B6.6B
Long Term Debt21.8B21.1B21.3B23.7B22.6B13.3B
Good Will18.1B18.9B20.3B21.6B21.1B18.1B
Property Plant Equipment12.1B10.6B10.3B10.8B12.4B9.8B
Treasury Stock(9.2B)(10.2B)(703M)(483M)(434.7M)(456.4M)
Net Tangible Assets(17.8B)(19.7B)(21.5B)(21.5B)(19.3B)(20.3B)
Short Long Term Debt4.1B3.9B6.7B5.2B4.6B4.0B
Long Term Debt Total23.4B22.5B22.6B23.7B27.3B20.9B

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