BNZL Stock | | | 3,536 22.00 0.62% |
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 Depreciation And Amortization and its Gross Profit 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.
Depreciation And Amortization vs Gross Profit
Depreciation And Amortization vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bunzl PLC Depreciation And Amortization account and
Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Bunzl PLC's Depreciation And Amortization and Gross Profit is 0.07. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit 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 Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Bunzl PLC are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Bunzl PLC's Depreciation And Amortization and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bunzl PLC minus its cost of goods sold. It is profit before Bunzl PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.3B | 1.6B | 3.2B | 2.4B | Total Revenue | 10.3B | 12.0B | 11.8B | 12.4B |
Bunzl PLC fundamental ratios Correlations
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Bunzl PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bunzl PLC fundamental ratios Accounts
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