| 0QFP Stock | | | 5,040 0.00 0.00% |
Gedeon Richter financial indicator trend analysis is much more than just examining Gedeon Richter PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gedeon Richter PLC is a good investment. Please check the relationship between Gedeon Richter Operating Income and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gedeon Richter 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.
Operating Income vs Other Operating Expenses
Operating Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gedeon Richter PLC Operating Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gedeon Richter's Operating Income and Other Operating Expenses is -0.36. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Gedeon Richter PLC, assuming nothing else is changed. The correlation between historical values of Gedeon Richter's Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Gedeon Richter PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., Gedeon Richter's Operating Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.36 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Gedeon Richter PLC 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 Gedeon Richter PLC 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gedeon Richter PLC. It is also known as Gedeon Richter 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.
Most indicators from Gedeon Richter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gedeon Richter 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gedeon Richter 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.
Tax Provision is likely to drop to about 5.4
B in 2024.
Selling General Administrative is likely to drop to about 150.7
B in 2024
Gedeon Richter fundamental ratios Correlations
Click cells to compare fundamentals
Gedeon Richter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gedeon Richter fundamental ratios Accounts
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Additional Tools for Gedeon Stock Analysis
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measure Gedeon Richter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gedeon Richter is operating at the current time. Most of Gedeon Richter's value examination focuses on studying past and present price action to
predict the probability of Gedeon Richter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gedeon Richter's price. Additionally, you may evaluate how the addition of Gedeon Richter to your portfolios can decrease your overall portfolio volatility.