Amcor Ebit vs Operating Income Analysis

AMC Stock

16.43 0.22 1.36%

Amcor PLC financial indicator trend analysis is way more than just evaluating Amcor PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amcor PLC is a good investment. Please check the relationship between Amcor PLC Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amcor 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.

For more information on how to buy Amcor Stock please use our How to Invest in Amcor PLC guide.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amcor PLC Ebit account and Operating Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Amcor PLC's Ebit and Operating Income is 0.32. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Amcor PLC, assuming nothing else is changed. The correlation between historical values of Amcor PLC's Ebit 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 Ebit of Amcor PLC 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 Ebit i.e., Amcor PLC's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from Amcor 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 Amcor 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.

Most indicators from Amcor PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amcor 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 Amcor 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.

For more information on how to buy Amcor Stock please use our How to Invest in Amcor PLC guide.Tax Provision is likely to gain to about 205.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 810.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	135M	259M	348M	365.4M
Depreciation And Amortization	625M	586M	595M	624.8M

Interest Expense Depreciation And Amortization

Amcor PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Other Assets
Total Assets		0.79	0.65	0.91	0.87	0.75	0.77	0.42	0.75	0.99	0.79	0.75	0.92	0.84	0.87	0.69	0.96	0.78	0.51	0.85	0.95	-0.32	-0.38	0.81	0.7	0.43
Short Long Term Debt Total	0.79		0.64	0.71	0.65	0.6	1.0	0.51	0.62	0.78	0.64	0.62	0.74	0.95	0.77	0.96	0.76	0.79	0.67	0.98	0.77	-0.33	-0.53	0.51	0.62	0.72
Other Current Liab	0.65	0.64		0.6	0.56	0.29	0.62	0.47	0.53	0.67	0.92	0.53	0.52	0.73	0.63	0.63	0.66	0.7	0.9	0.7	0.55	-0.63	-0.58	0.55	0.42	0.55
Total Current Liabilities	0.91	0.71	0.6		0.71	0.66	0.67	0.29	0.85	0.89	0.77	0.85	0.89	0.71	0.85	0.53	0.93	0.65	0.37	0.8	0.92	-0.03	-0.26	0.78	0.84	0.31
Total Stockholder Equity	0.87	0.65	0.56	0.71		0.71	0.65	0.32	0.43	0.9	0.71	0.43	0.73	0.79	0.62	0.59	0.78	0.82	0.46	0.71	0.74	-0.49	-0.36	0.89	0.3	0.31
Property Plant And Equipment Net	0.75	0.6	0.29	0.66	0.71		0.61	0.5	0.37	0.72	0.39	0.37	0.86	0.52	0.68	0.55	0.8	0.42	0.28	0.66	0.8	-0.03	0.2	0.53	0.53	0.21
Net Debt	0.77	1.0	0.62	0.67	0.65	0.61		0.52	0.56	0.77	0.62	0.56	0.72	0.94	0.73	0.97	0.74	0.8	0.67	0.98	0.74	-0.35	-0.53	0.5	0.58	0.73
Retained Earnings	0.42	0.51	0.47	0.29	0.32	0.5	0.52		0.23	0.39	0.34	0.23	0.48	0.43	0.43	0.56	0.51	0.33	0.61	0.51	0.49	-0.2	-0.04	0.09	0.34	0.6
Cash	0.75	0.62	0.53	0.85	0.43	0.37	0.56	0.23		0.71	0.63	1.0	0.75	0.6	0.86	0.47	0.73	0.46	0.34	0.68	0.8	0.0	-0.32	0.5	0.87	0.29
Non Current Assets Total	0.99	0.78	0.67	0.89	0.9	0.72	0.77	0.39	0.71		0.82	0.71	0.88	0.86	0.84	0.68	0.94	0.8	0.52	0.85	0.91	-0.38	-0.43	0.84	0.64	0.42
Non Currrent Assets Other	0.79	0.64	0.92	0.77	0.71	0.39	0.62	0.34	0.63	0.82		0.63	0.63	0.77	0.72	0.58	0.78	0.75	0.7	0.73	0.67	-0.58	-0.54	0.78	0.48	0.42
Cash And Short Term Investments	0.75	0.62	0.53	0.85	0.43	0.37	0.56	0.23	1.0	0.71	0.63		0.75	0.6	0.86	0.47	0.73	0.46	0.34	0.68	0.8	0.0	-0.32	0.5	0.87	0.29
Net Receivables	0.92	0.74	0.52	0.89	0.73	0.86	0.72	0.48	0.75	0.88	0.63	0.75		0.69	0.88	0.64	0.95	0.6	0.41	0.82	0.98	-0.09	-0.07	0.67	0.81	0.39
Good Will	0.84	0.95	0.73	0.71	0.79	0.52	0.94	0.43	0.6	0.86	0.77	0.6	0.69		0.73	0.91	0.75	0.91	0.71	0.95	0.73	-0.53	-0.68	0.68	0.48	0.68
Common Stock Shares Outstanding	0.87	0.77	0.63	0.85	0.62	0.68	0.73	0.43	0.86	0.84	0.72	0.86	0.88	0.73		0.69	0.87	0.51	0.48	0.83	0.89	-0.21	-0.21	0.57	0.8	0.34
Non Current Liabilities Total	0.69	0.96	0.63	0.53	0.59	0.55	0.97	0.56	0.47	0.68	0.58	0.47	0.64	0.91	0.69		0.65	0.75	0.74	0.93	0.66	-0.48	-0.52	0.39	0.47	0.77
Inventory	0.96	0.76	0.66	0.93	0.78	0.8	0.74	0.51	0.73	0.94	0.78	0.73	0.95	0.75	0.87	0.65		0.69	0.51	0.84	0.97	-0.2	-0.22	0.73	0.79	0.43
Other Current Assets	0.78	0.79	0.7	0.65	0.82	0.42	0.8	0.33	0.46	0.8	0.75	0.46	0.6	0.91	0.51	0.75	0.69		0.69	0.81	0.66	-0.56	-0.73	0.76	0.35	0.67
Other Stockholder Equity	0.51	0.67	0.9	0.37	0.46	0.28	0.67	0.61	0.34	0.52	0.7	0.34	0.41	0.71	0.48	0.74	0.51	0.69		0.68	0.44	-0.63	-0.56	0.31	0.28	0.73
Total Liab	0.85	0.98	0.7	0.8	0.71	0.66	0.98	0.51	0.68	0.85	0.73	0.68	0.82	0.95	0.83	0.93	0.84	0.81	0.68		0.84	-0.34	-0.47	0.61	0.67	0.67
Total Current Assets	0.95	0.77	0.55	0.92	0.74	0.8	0.74	0.49	0.8	0.91	0.67	0.8	0.98	0.73	0.89	0.66	0.97	0.66	0.44	0.84		-0.11	-0.19	0.67	0.84	0.43
Short Term Debt	-0.32	-0.33	-0.63	-0.03	-0.49	-0.03	-0.35	-0.2	0.0	-0.38	-0.58	0.0	-0.09	-0.53	-0.21	-0.48	-0.2	-0.56	-0.63	-0.34	-0.11		0.58	-0.38	0.24	-0.4
Common Stock	-0.38	-0.53	-0.58	-0.26	-0.36	0.2	-0.53	-0.04	-0.32	-0.43	-0.54	-0.32	-0.07	-0.68	-0.21	-0.52	-0.22	-0.73	-0.56	-0.47	-0.19	0.58		-0.34	-0.1	-0.53
Current Deferred Revenue	0.81	0.51	0.55	0.78	0.89	0.53	0.5	0.09	0.5	0.84	0.78	0.5	0.67	0.68	0.57	0.39	0.73	0.76	0.31	0.61	0.67	-0.38	-0.34		0.34	0.22
Accounts Payable	0.7	0.62	0.42	0.84	0.3	0.53	0.58	0.34	0.87	0.64	0.48	0.87	0.81	0.48	0.8	0.47	0.79	0.35	0.28	0.67	0.84	0.24	-0.1	0.34		0.33
Other Assets	0.43	0.72	0.55	0.31	0.31	0.21	0.73	0.6	0.29	0.42	0.42	0.29	0.39	0.68	0.34	0.77	0.43	0.67	0.73	0.67	0.43	-0.4	-0.53	0.22	0.33

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Amcor PLC Account Relationship Matchups

Amcor PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.4B	17.2B	17.4B	17.0B	16.5B	8.9B
Short Long Term Debt Total	6.2B	6.3B	6.5B	6.7B	7.2B	7.5B
Other Current Liab	1.1B	3.4B	3.6B	3.4B	1.5B	1.5B
Total Current Liabilities	5.7B	6.2B	6.9B	6.3B	4.3B	3.1B
Total Stockholder Equity	4.7B	4.8B	4.1B	4.1B	3.9B	2.8B
Property Plant And Equipment Net	3.6B	3.8B	3.6B	3.8B	4.3B	3.2B
Net Debt	5.5B	5.4B	5.7B	6.1B	6.6B	6.9B
Retained Earnings	246.5M	452M	534M	865M	879M	598.1M
Cash	743M	850M	775M	689M	588M	352.9M
Non Current Assets Total	12.3B	12.5B	12.3B	12.2B	11.6B	6.1B
Non Currrent Assets Other	1.1B	1.3B	1.7B	1.6B	493M	517.7M
Cash And Short Term Investments	743M	850M	775M	689M	588M	352.9M
Net Receivables	1.6B	1.9B	1.9B	1.9B	1.8B	1.2B
Good Will	5.3B	5.4B	5.3B	5.4B	5.3B	5.6B
Common Stock Shares Outstanding	1.6B	1.6B	1.5B	1.5B	1.4B	1.2B
Liabilities And Stockholders Equity	16.4B	17.2B	17.4B	17.0B	16.5B	8.9B
Non Current Liabilities Total	6.0B	6.2B	6.3B	6.7B	8.3B	8.7B
Inventory	1.8B	2.0B	2.4B	2.2B	2.0B	1.2B
Other Current Assets	344.3M	561M	704M	515M	500M	525M
Other Stockholder Equity	(262M)	5.1B	4.4B	4.0B	4.0B	4.2B
Total Liab	11.8B	12.4B	13.3B	12.9B	12.6B	13.2B
Total Current Assets	4.2B	4.7B	5.1B	4.8B	5.0B	2.9B
Accumulated Other Comprehensive Income	(1.0B)	(766M)	(880M)	(862M)	(1.0B)	(969M)
Short Term Debt	206M	199M	251M	194M	221M	210.0M
Common Stock	16.3M	15.7M	15M	14M	16.1M	15.3M
Current Deferred Revenue	2.2B	2.4B	2.3B	2.2B	399M	690.5M
Accounts Payable	2.2B	2.6B	3.1B	2.7B	2.6B	1.5B
Other Assets	(1M)	371M	425M	510M	586.5M	615.8M
Other Liab	1.6B	1.3B	1.4B	1.3B	1.5B	1.5B
Long Term Debt	6.0B	6.2B	6.3B	6.6B	6.6B	3.7B
Intangible Assets	2.0B	1.8B	1.7B	1.5B	1.4B	890.2M
Property Plant Equipment	4.1B	4.3B	4.2B	4.3B	4.9B	4.2B
Net Tangible Assets	(2.7B)	(2.5B)	(2.9B)	(2.8B)	(2.5B)	(2.4B)
Short Long Term Debt	206M	103M	150M	93M	96M	91.2M
Treasury Stock	(10.7M)	(16.1M)	(67M)	(29M)	(26.1M)	(27.4M)
Long Term Debt Total	6.0B	6.2B	6.3B	6.7B	7.7B	5.5B

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