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 Other Operating Expenses 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.
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
Unilever PLC Other Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Unilever PLC's Other Operating Expenses and Gross Profit is -0.13. 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 Unilever PLC, assuming nothing else is changed. The correlation between historical values of Unilever PLC'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 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 Other Operating Expenses i.e., Unilever PLC's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Unilever PLC. It is also known as Unilever PLC 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 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
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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