WESTLIFE Gross Profit vs Operating Income Analysis

WESTLIFE

795.90 15.50 1.99%

WESTLIFE FOODWORLD financial indicator trend analysis is more than just analyzing WESTLIFE FOODWORLD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WESTLIFE FOODWORLD is a good investment. Please check the relationship between WESTLIFE FOODWORLD Gross Profit and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESTLIFE FOODWORLD LIMITED. 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.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WESTLIFE FOODWORLD Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between WESTLIFE FOODWORLD's Gross Profit and Operating Income is 0.91. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of WESTLIFE FOODWORLD LIMITED, assuming nothing else is changed. The correlation between historical values of WESTLIFE FOODWORLD's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of WESTLIFE FOODWORLD LIMITED are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., WESTLIFE FOODWORLD's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of WESTLIFE FOODWORLD LIMITED minus its cost of goods sold. It is profit before WESTLIFE FOODWORLD 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.

Operating Income

Operating Income is the amount of profit realized from WESTLIFE FOODWORLD operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WESTLIFE FOODWORLD LIMITED is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from WESTLIFE FOODWORLD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WESTLIFE FOODWORLD 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESTLIFE FOODWORLD LIMITED. 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 WESTLIFE FOODWORLD's current Tax Provision is estimated to increase to about 279.6 M, while Selling General Administrative is projected to decrease to roughly 230 M.

	2021	2022	2023	2024 (projected)
Gross Profit	7.2B	12.7B	12.1B	12.7B
Total Revenue	15.6B	22.6B	23.7B	24.9B

Gross Profit Total Revenue

WESTLIFE FOODWORLD fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Net Receivables	Short Long Term Debt Total	Accounts Payable	Short Term Investments	Inventory	Short Term Debt	Intangible Assets	Current Deferred Revenue	Retained Earnings
Total Assets		0.53	0.82	0.55	0.99	0.97	-0.06	1.0	-0.03	0.21	0.47	0.55	-0.19	0.98	0.56	0.57	0.93	0.59	0.97	0.88	0.26	0.88	0.87	0.65	-0.7	0.81
Other Current Liab	0.53		0.21	0.3	0.51	0.47	-0.07	0.51	-0.18	0.07	0.25	0.73	0.05	0.54	0.29	0.34	0.55	0.04	0.52	0.69	0.07	0.68	0.59	0.32	-0.84	0.34
Total Current Liabilities	0.82	0.21		0.54	0.78	0.78	-0.06	0.8	0.18	0.47	0.53	0.1	0.13	0.78	0.68	0.59	0.63	0.56	0.77	0.73	0.51	0.64	0.79	0.74	-0.26	0.52
Total Stockholder Equity	0.55	0.3	0.54		0.44	0.35	-0.25	0.49	0.67	0.65	0.43	0.36	0.33	0.4	0.77	0.97	0.28	-0.02	0.35	0.51	0.65	0.56	0.66	0.85	-0.19	0.18
Property Plant And Equipment Net	0.99	0.51	0.78	0.44		0.99	-0.04	1.0	-0.13	0.11	0.43	0.54	-0.3	1.0	0.48	0.46	0.97	0.63	0.99	0.86	0.17	0.86	0.83	0.56	-0.72	0.85
Net Debt	0.97	0.47	0.78	0.35	0.99		-0.06	0.98	-0.17	0.08	0.46	0.48	-0.34	0.99	0.43	0.36	0.97	0.68	0.99	0.84	0.15	0.83	0.8	0.49	-0.7	0.87
Cash	-0.06	-0.07	-0.06	-0.25	-0.04	-0.06		-0.06	-0.41	-0.12	-0.77	-0.07	0.16	-0.05	-0.01	-0.09	-0.03	0.22	-0.08	-0.05	-0.29	-0.1	-0.21	-0.41	-0.04	0.11
Non Current Assets Total	1.0	0.51	0.8	0.49	1.0	0.98	-0.06		-0.06	0.13	0.46	0.56	-0.24	0.99	0.49	0.51	0.95	0.63	0.97	0.87	0.19	0.87	0.85	0.61	-0.7	0.84
Non Currrent Assets Other	-0.03	-0.18	0.18	0.67	-0.13	-0.17	-0.41	-0.06		0.59	0.27	-0.21	0.29	-0.18	0.39	0.58	-0.28	-0.09	-0.19	-0.16	0.63	-0.11	0.06	0.49	0.38	-0.28
Cash And Short Term Investments	0.21	0.07	0.47	0.65	0.11	0.08	-0.12	0.13	0.59		0.34	-0.24	0.48	0.11	0.88	0.72	-0.06	-0.16	0.09	0.18	0.98	0.13	0.31	0.53	0.1	-0.16
Common Stock Shares Outstanding	0.47	0.25	0.53	0.43	0.43	0.46	-0.77	0.46	0.27	0.34		0.21	0.08	0.47	0.37	0.35	0.38	0.04	0.45	0.47	0.5	0.51	0.62	0.67	-0.26	0.28
Other Current Assets	0.55	0.73	0.1	0.36	0.54	0.48	-0.07	0.56	-0.21	-0.24	0.21		-0.08	0.54	0.06	0.35	0.61	0.1	0.49	0.62	-0.24	0.71	0.54	0.32	-0.8	0.54
Other Stockholder Equity	-0.19	0.05	0.13	0.33	-0.3	-0.34	0.16	-0.24	0.29	0.48	0.08	-0.08		-0.27	0.34	0.41	-0.43	-0.3	-0.36	0.02	0.41	-0.03	0.07	0.32	0.2	-0.35
Total Liab	0.98	0.54	0.78	0.4	1.0	0.99	-0.05	0.99	-0.18	0.11	0.47	0.54	-0.27		0.47	0.43	0.97	0.61	0.99	0.88	0.16	0.88	0.85	0.55	-0.74	0.85
Total Current Assets	0.56	0.29	0.68	0.77	0.48	0.43	-0.01	0.49	0.39	0.88	0.37	0.06	0.34	0.47		0.84	0.31	0.04	0.45	0.57	0.84	0.52	0.65	0.67	-0.22	0.17
Common Stock	0.57	0.34	0.59	0.97	0.46	0.36	-0.09	0.51	0.58	0.72	0.35	0.35	0.41	0.43	0.84		0.29	0.0	0.38	0.52	0.69	0.55	0.65	0.84	-0.23	0.17
Non Current Liabilities Total	0.93	0.55	0.63	0.28	0.97	0.97	-0.03	0.95	-0.28	-0.06	0.38	0.61	-0.43	0.97	0.31	0.29		0.64	0.97	0.82	0.0	0.84	0.74	0.38	-0.81	0.91
Net Receivables	0.59	0.04	0.56	-0.02	0.63	0.68	0.22	0.63	-0.09	-0.16	0.04	0.1	-0.3	0.61	0.04	0.0	0.64		0.6	0.38	-0.12	0.36	0.31	0.06	-0.32	0.74
Short Long Term Debt Total	0.97	0.52	0.77	0.35	0.99	0.99	-0.08	0.97	-0.19	0.09	0.45	0.49	-0.36	0.99	0.45	0.38	0.97	0.6		0.85	0.16	0.83	0.81	0.51	-0.7	0.81
Accounts Payable	0.88	0.69	0.73	0.51	0.86	0.84	-0.05	0.87	-0.16	0.18	0.47	0.62	0.02	0.88	0.57	0.52	0.82	0.38	0.85		0.18	0.96	0.95	0.6	-0.73	0.66
Short Term Investments	0.26	0.07	0.51	0.65	0.17	0.15	-0.29	0.19	0.63	0.98	0.5	-0.24	0.41	0.16	0.84	0.69	0.0	-0.12	0.16	0.18		0.14	0.33	0.6	0.08	-0.12
Inventory	0.88	0.68	0.64	0.56	0.86	0.83	-0.1	0.87	-0.11	0.13	0.51	0.71	-0.03	0.88	0.52	0.55	0.84	0.36	0.83	0.96	0.14		0.94	0.61	-0.81	0.75
Short Term Debt	0.87	0.59	0.79	0.66	0.83	0.8	-0.21	0.85	0.06	0.31	0.62	0.54	0.07	0.85	0.65	0.65	0.74	0.31	0.81	0.95	0.33	0.94		0.78	-0.61	0.59
Intangible Assets	0.65	0.32	0.74	0.85	0.56	0.49	-0.41	0.61	0.49	0.53	0.67	0.32	0.32	0.55	0.67	0.84	0.38	0.06	0.51	0.6	0.6	0.61	0.78		-0.2	0.24
Current Deferred Revenue	-0.7	-0.84	-0.26	-0.19	-0.72	-0.7	-0.04	-0.7	0.38	0.1	-0.26	-0.8	0.2	-0.74	-0.22	-0.23	-0.81	-0.32	-0.7	-0.73	0.08	-0.81	-0.61	-0.2		-0.74
Retained Earnings	0.81	0.34	0.52	0.18	0.85	0.87	0.11	0.84	-0.28	-0.16	0.28	0.54	-0.35	0.85	0.17	0.17	0.91	0.74	0.81	0.66	-0.12	0.75	0.59	0.24	-0.74

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WESTLIFE FOODWORLD Account Relationship Matchups

WESTLIFE FOODWORLD fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.6B	17.2B	18.0B	21.0B	22.9B	24.0B
Other Current Liab	93.8M	3.5B	950.7M	4.0B	1.0B	861.8M
Total Current Liabilities	4.7B	5.5B	5.6B	1.9B	6.7B	7.0B
Total Stockholder Equity	5.8B	4.8B	4.6B	5.7B	5.9B	4.1B
Property Plant And Equipment Net	13.4B	12.2B	13.1B	15.9B	17.8B	18.6B
Net Debt	9.6B	9.6B	10.3B	11.9B	15.9B	16.7B
Cash	29.9M	108.7M	231.3M	82.5M	141.2M	123.0M
Non Current Assets Total	15.8B	14.6B	15.4B	19.7B	21.7B	22.8B
Non Currrent Assets Other	1.3B	969.3M	(119.7M)	654.4M	1.6B	1.3B
Cash And Short Term Investments	750.0M	1.6B	1.3B	284.1M	1.0B	809.3M
Common Stock Shares Outstanding	155.7M	155.7M	155.9M	155.9M	155.9M	163.3M
Liabilities And Stockholders Equity	17.6B	17.2B	18.0B	21.0B	22.9B	24.0B
Other Current Assets	644.1M	620.8M	696.3M	2.5B	755.5M	516.9M
Other Stockholder Equity	(1.2B)	4.6B	6.9B	1.2B	1.2B	1.1B
Total Liab	11.9B	12.4B	13.4B	15.3B	17.0B	17.8B
Total Current Assets	1.8B	2.7B	2.6B	1.3B	2.4B	1.5B
Common Stock	311.3M	311.6M	311.9M	311.9M	311.9M	259.9M
Accumulated Other Comprehensive Income	(2.8B)	(2.5B)	(5.7B)	(5.7B)	5.6B	5.8B
Non Current Liabilities Total	7.1B	6.9B	7.7B	13.5B	12.6B	13.2B
Net Receivables	47.3M	111.1M	184.4M	183.4M	867.8M	911.2M
Short Long Term Debt Total	12.3B	12.6B	10.5B	13.1B	16.0B	16.8B
Accounts Payable	1.3B	1.9B	1.7B	1.9B	2.0B	1.2B
Short Term Investments	720.1M	1.5B	1.1B	201.6M	867.8M	950.3M
Inventory	411.4M	465.3M	559.5M	714.3M	632.4M	412.8M
Short Term Debt	2.6B	2.9B	3.0B	3.2B	3.7B	2.1B
Intangible Assets	468.8M	419.2M	416.8M	414.5M	396.2M	433.3M
Current Deferred Revenue	726.0M	(2.8B)	(2.6B)	(7.2B)	(2.4B)	(2.3B)
Retained Earnings	895.2M	(106.8M)	3.1B	4.2B	4.4B	4.6B
Net Tangible Assets	4.8B	3.9B	3.7B	4.8B	4.3B	3.6B
Other Assets	218.8M	510.2M	960.5M	805.3M	(1.3B)	(1.2B)
Long Term Debt Total	9.7B	9.7B	7.6B	10.0B	11.5B	12.0B
Capital Surpluse	7.0B	7.1B	7.1B	7.1B	8.2B	6.1B
Short Long Term Debt	1.8B	2.2B	2.0B	2.1B	2.4B	2.0B
Property Plant Equipment	13.4B	12.2B	13.1B	15.9B	18.3B	10.1B
Other Liab	413.8M	277.1M	474.1M	594.8M	684.0M	718.2M
Net Invested Capital	7.6B	7.0B	6.6B	7.7B	8.3B	8.3B
Non Current Liabilities Other	(10K)	237.5M	192.5M	328.7M	318.3M	170.9M
Net Working Capital	(3.3B)	(642.9M)	(109.9M)	(548.7M)	(916.6M)	(962.5M)

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Other Information on Investing in WESTLIFE Stock

Balance Sheet is a snapshot of the financial position of WESTLIFE FOODWORLD at a specified time, usually calculated after every quarter, six months, or one year. WESTLIFE FOODWORLD Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WESTLIFE FOODWORLD 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 WESTLIFE currently owns. An asset can also be divided into two categories, current and non-current.

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WESTLIFE Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

WESTLIFE FOODWORLD fundamental ratios Correlations

WESTLIFE FOODWORLD Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WESTLIFE FOODWORLD fundamental ratios Accounts

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Other Information on Investing in WESTLIFE Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Net Debt	+ 0.99	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.99	Property Plant And Equipment Net

Current Deferred Revenue	- 0.84	Other Current Liab
Current Deferred Revenue	- 0.81	Inventory
Current Deferred Revenue	- 0.81	Non Current Liabilities Total
Current Deferred Revenue	- 0.8	Other Current Assets
Common Stock Shares Outstanding	- 0.77	Cash
Retained Earnings	- 0.74	Current Deferred Revenue