ALL Stock | | | 67.75 0.30 0.44% |
Aristocrat Leisure financial indicator trend analysis is way more than just evaluating Aristocrat Leisure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aristocrat Leisure is a good investment. Please check the relationship between Aristocrat Leisure Interest Expense and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aristocrat Leisure. 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 Total Revenue
Interest Expense vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aristocrat Leisure Interest Expense account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aristocrat Leisure's Interest Expense and Total Revenue is 0.89. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Aristocrat Leisure, assuming nothing else is changed. The correlation between historical values of Aristocrat Leisure's Interest Expense and Total Revenue 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 Aristocrat Leisure are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Expense i.e., Aristocrat Leisure's Interest Expense and Total Revenue 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.
Total Revenue
Total revenue comprises all receipts Aristocrat Leisure generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Aristocrat Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aristocrat Leisure 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 Aristocrat Leisure. 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, Aristocrat Leisure's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 35.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 204.6
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 3.0B | 3.4B | 4.0B | 4.2B | Total Revenue | 5.6B | 6.3B | 7.2B | 7.6B |
Aristocrat Leisure fundamental ratios Correlations
Click cells to compare fundamentals
Aristocrat Leisure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aristocrat Leisure fundamental ratios Accounts
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Additional Tools for Aristocrat Stock Analysis
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measure Aristocrat Leisure'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 Aristocrat Leisure is operating at the current time. Most of Aristocrat Leisure's value examination focuses on studying past and present price action to
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