BNZL Stock | | | 3,532 12.00 0.34% |
Bunzl PLC financial indicator trend analysis is way more than just evaluating Bunzl PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bunzl PLC is a good investment. Please check the relationship between Bunzl PLC Cost Of Revenue and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bunzl 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.
Cost Of Revenue vs Total Operating Expenses
Cost Of Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bunzl PLC Cost Of Revenue account and
Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bunzl PLC's Cost Of Revenue and Total Operating Expenses is -0.2. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Bunzl PLC, assuming nothing else is changed. The correlation between historical values of Bunzl PLC's Cost Of Revenue and Total 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 Cost Of Revenue of Bunzl PLC are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Bunzl PLC's Cost Of Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Bunzl PLC income statement and represents the costs associated with goods and services Bunzl PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Bunzl PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bunzl 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 Bunzl 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.
Discontinued Operations is likely to gain to about 11.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 613.2
M in 2024.
Bunzl PLC fundamental ratios Correlations
Click cells to compare fundamentals
Bunzl PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bunzl PLC fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Bunzl Stock Analysis
When running Bunzl PLC's price analysis, check to
measure Bunzl 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 Bunzl PLC is operating at the current time. Most of Bunzl PLC's value examination focuses on studying past and present price action to
predict the probability of Bunzl 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 Bunzl PLC's price. Additionally, you may evaluate how the addition of Bunzl PLC to your portfolios can decrease your overall portfolio volatility.