UU Stock | | | 1,114 2.50 0.22% |
United Utilities financial indicator trend analysis is much more than just breaking down United Utilities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Utilities is a good investment. Please check the relationship between United Utilities Total Operating Expenses and its Income Before Tax accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in United Utilities Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Total Operating Expenses vs Income Before Tax
Total Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United Utilities Total Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have no relationship.
The correlation between United Utilities' Total Operating Expenses and Income Before Tax is 0.07. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of United Utilities Group, assuming nothing else is changed. The correlation between historical values of United Utilities' Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of United Utilities Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., United Utilities' Total Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on United Utilities income statement and is an important metric when analyzing United Utilities profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from United Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Utilities 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 United Utilities Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Discontinued Operations is expected to grow to about 966
K, whereas
Selling General Administrative is forecasted to decline to about 12.6
M.
United Utilities fundamental ratios Correlations
Click cells to compare fundamentals
United Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Utilities fundamental ratios Accounts
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Other Information on Investing in United Stock
Balance Sheet is a snapshot of the
financial position of United Utilities at a specified time, usually calculated after every quarter, six months, or one year. United Utilities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of United Utilities and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which United currently owns. An asset can also be divided into two categories, current and non-current.