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 Gross Profit and its Research Development 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.
Gross Profit vs Research Development
Gross Profit vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bunzl PLC Gross Profit account and
Research Development. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bunzl PLC's Gross Profit and Research Development is 0.36. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development 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 Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Bunzl PLC are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Bunzl PLC's Gross Profit and Research Development go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Research Development
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
Click cells to compare fundamentals
Bunzl PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bunzl PLC fundamental ratios Accounts
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Additional Tools for Bunzl Stock Analysis
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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
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