Merck Interest Expense vs Selling General Administrative Analysis
0QAH Stock | USD 103.50 27.80 21.17% |
Merck financial indicator trend analysis is infinitely more than just investigating Merck Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merck Company is a good investment. Please check the relationship between Merck Interest Expense and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Merck Company. 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.
Interest Expense vs Selling General Administrative
Interest Expense vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merck Company Interest Expense account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Merck's Interest Expense and Selling General Administrative is 0.89. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Merck Company, assuming nothing else is changed. The correlation between historical values of Merck's Interest Expense and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Merck Company are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Expense i.e., Merck's Interest Expense and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Selling General Administrative
Most indicators from Merck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merck Company 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 Merck Company. 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. At this time, Merck's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 10.8 B this year, although the value of Discontinued Operations will most likely fall to about 601.9 M.
2020 | 2021 | 2023 | 2024 (projected) | EBIT | 7.7B | 13.9B | 16.0B | 11.8B | Discontinued Operations | 2.5B | 704M | 633.6M | 601.9M |
Merck fundamental ratios Correlations
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Merck Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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