PGE Other Operating Expenses vs Operating Income Analysis

0MN3 Stock   11.97  0.00  0.00%   
PGE Polska financial indicator trend analysis is much more than just breaking down PGE Polska Grupa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGE Polska Grupa is a good investment. Please check the relationship between PGE Polska Other Operating Expenses and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PGE Polska Grupa. 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 Operating Income

Other Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGE Polska Grupa Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PGE Polska's Other Operating Expenses and Operating Income is -0.37. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of PGE Polska Grupa, assuming nothing else is changed. The correlation between historical values of PGE Polska's Other Operating Expenses 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 Other Operating Expenses of PGE Polska Grupa 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 Other Operating Expenses i.e., PGE Polska's Other Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PGE Polska Grupa. It is also known as PGE Polska 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.

Operating Income

Operating Income is the amount of profit realized from PGE Polska Grupa 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 PGE Polska Grupa 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 PGE Polska's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGE Polska Grupa 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in PGE Polska Grupa. 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.
Tax Provision is likely to gain to about 223.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 B in 2024.
 2019 2020 2023 2024 (projected)
Gross Profit5.0B4.8B4.3B4.4B
Total Revenue37.6B45.8B52.6B35.3B

PGE Polska fundamental ratios Correlations

0.390.86-0.49-0.530.070.070.570.970.87-0.320.920.870.820.90.970.78-0.670.710.980.890.150.590.640.870.88
0.390.4-0.67-0.270.870.930.560.420.070.310.150.460.510.20.480.63-0.830.450.270.530.170.320.420.460.57
0.860.4-0.73-0.310.180.170.550.820.65-0.180.730.770.950.710.790.76-0.640.790.860.84-0.210.730.760.890.89
-0.49-0.67-0.730.3-0.58-0.63-0.37-0.4-0.15-0.03-0.31-0.41-0.73-0.25-0.42-0.480.62-0.79-0.45-0.480.21-0.59-0.59-0.65-0.79
-0.53-0.27-0.310.30.03-0.020.07-0.56-0.580.62-0.69-0.52-0.27-0.68-0.58-0.140.46-0.18-0.49-0.29-0.710.220.09-0.42-0.39
0.070.870.18-0.580.030.930.580.07-0.330.67-0.230.10.31-0.130.170.47-0.70.29-0.070.310.030.260.240.290.33
0.070.930.17-0.63-0.020.930.390.06-0.270.46-0.190.170.28-0.160.140.38-0.610.36-0.050.24-0.010.260.320.190.37
0.570.560.55-0.370.070.580.390.570.290.580.250.380.680.360.640.85-0.740.40.480.80.030.550.440.750.55
0.970.420.82-0.4-0.560.070.060.570.88-0.320.920.880.810.950.990.82-0.720.560.940.920.240.490.580.850.79
0.870.070.65-0.15-0.58-0.33-0.270.290.88-0.580.920.760.60.880.850.5-0.370.390.910.680.310.270.360.670.6
-0.320.31-0.18-0.030.620.670.460.58-0.32-0.58-0.64-0.41-0.01-0.5-0.230.22-0.21-0.14-0.420.03-0.190.13-0.050.0-0.17
0.920.150.73-0.31-0.69-0.23-0.190.250.920.92-0.640.850.640.960.880.55-0.470.540.940.710.250.370.470.70.72
0.870.460.77-0.41-0.520.10.170.380.880.76-0.410.850.660.840.860.68-0.620.60.880.760.150.450.590.660.77
0.820.510.95-0.73-0.270.310.280.680.810.6-0.010.640.660.660.80.86-0.740.710.790.91-0.160.710.740.930.85
0.90.20.71-0.25-0.68-0.13-0.160.360.950.88-0.50.960.840.660.920.66-0.590.420.890.790.330.320.420.740.66
0.970.480.79-0.42-0.580.170.140.640.990.85-0.230.880.860.80.920.83-0.780.550.920.920.320.450.530.870.79
0.780.630.76-0.48-0.140.470.380.850.820.50.220.550.680.860.660.83-0.840.550.690.97-0.050.680.720.810.73
-0.67-0.83-0.640.620.46-0.7-0.61-0.74-0.72-0.37-0.21-0.47-0.62-0.74-0.59-0.78-0.84-0.44-0.54-0.82-0.31-0.35-0.41-0.79-0.67
0.710.450.79-0.79-0.180.290.360.40.560.39-0.140.540.60.710.420.550.55-0.440.710.58-0.380.870.830.620.94
0.980.270.86-0.45-0.49-0.07-0.050.480.940.91-0.420.940.880.790.890.920.69-0.540.710.830.070.60.640.820.86
0.890.530.84-0.48-0.290.310.240.80.920.680.030.710.760.910.790.920.97-0.820.580.830.040.640.690.90.79
0.150.17-0.210.21-0.710.03-0.010.030.240.31-0.190.250.15-0.160.330.32-0.05-0.31-0.380.070.04-0.65-0.590.12-0.13
0.590.320.73-0.590.220.260.260.550.490.270.130.370.450.710.320.450.68-0.350.870.60.64-0.650.940.560.79
0.640.420.76-0.590.090.240.320.440.580.36-0.050.470.590.740.420.530.72-0.410.830.640.69-0.590.940.530.8
0.870.460.89-0.65-0.420.290.190.750.850.670.00.70.660.930.740.870.81-0.790.620.820.90.120.560.530.81
0.880.570.89-0.79-0.390.330.370.550.790.6-0.170.720.770.850.660.790.73-0.670.940.860.79-0.130.790.80.81
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PGE Polska Account Relationship Matchups

PGE Polska fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.2B75.9B77.7B81.6B93.8B82.5B
Short Long Term Debt Total8.4B6.4B10.9B10.0B11.5B10.0B
Total Current Liabilities11.8B15.0B21.8B35.3B40.6B42.6B
Total Stockholder Equity45.1B46.7B42.3B42.5B38.3B35.1B
Retained Earnings3.8B5.0B7.6B9.3B8.4B6.1B
Other Assets1.4B2.3B2.6B2.4B2.8B2.4B
Long Term Debt8.4B6.4B10.0B9.1B10.5B9.6B
Cash And Short Term Investments2.6B1.3B1.3B4.2B4.8B2.6B
Net Receivables3.8B4.5B4.5B5.1B5.8B4.3B
Good Will199M198M205M204M234.6M179.3M
Short Term Investments1.2B190M122M1.7B1.6B825.1M
Capital Surpluse15.3B19.9B19.7B18.4B21.2B19.1B
Inventory4.5B3.1B2.2B4.9B5.7B3.3B
Other Current Assets655M1.5B2.4B5.3B6.1B6.4B
Other Stockholder Equity19.8B19.3B18.4B20.8B23.9B14.4B
Total Liab27.1B29.2B35.4B39.1B44.9B34.2B
Total Current Assets9.1B12.6B15.1B22.7B26.1B14.9B
Intangible Assets833M848M530M442M397.8M527.5M
Property Plant Equipment61.0B63.1B62.1B65.7B75.6B66.7B
Other Liab11.8B13.1B10.2B9.3B8.4B8.6B

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