AMC Stock | | | 16.06 0.04 0.25% |
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 Net Income and its Total Revenue 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.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amcor PLC Net Income account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Amcor PLC's Net Income and Total Revenue is 0.8. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue 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 Net Income 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 Net Income of Amcor PLC 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 Net Income i.e., Amcor PLC's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Amcor PLC financial statement analysis. It represents the amount of money remaining after all of Amcor PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Revenue
Total revenue comprises all receipts Amcor PLC 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 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.
Amcor PLC fundamental ratios Correlations
Click cells to compare fundamentals
Amcor PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amcor PLC fundamental ratios Accounts
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Additional Tools for Amcor Stock Analysis
When running Amcor PLC's price analysis, check to
measure Amcor PLC'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 Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to
predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.