Bunzl Operating Income vs Discontinued Operations Analysis

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 Operating Income and its Discontinued Operations 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.

Operating Income vs Discontinued Operations

Operating Income vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bunzl PLC Operating Income account and Discontinued Operations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bunzl PLC's Operating Income and Discontinued Operations is 0.66. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Discontinued Operations 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 Operating Income and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Bunzl PLC are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Operating Income i.e., Bunzl PLC's Operating Income and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

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

Discontinued Operations

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 Profit1.3B1.6B3.2B2.4B
Total Revenue10.3B12.0B11.8B12.4B

Bunzl PLC fundamental ratios Correlations

0.750.710.50.730.810.720.570.810.620.760.760.170.760.870.370.680.690.01-0.520.710.830.740.770.410.17
0.750.990.741.00.990.870.910.990.920.951.0-0.10.950.540.470.990.99-0.08-0.171.00.861.00.960.380.72
0.710.990.730.990.970.880.930.970.890.940.99-0.160.940.480.530.990.99-0.12-0.160.990.850.990.960.320.75
0.50.740.730.740.690.350.790.70.730.590.720.090.590.260.470.670.77-0.08-0.280.750.370.740.60.170.41
0.731.00.990.740.990.870.910.980.920.950.99-0.090.950.530.480.990.99-0.05-0.151.00.851.00.970.380.73
0.810.990.970.690.990.890.851.00.90.960.99-0.030.960.620.470.960.97-0.05-0.220.980.90.990.970.420.64
0.720.870.880.350.870.890.710.90.680.940.87-0.190.940.530.520.890.83-0.11-0.20.850.980.870.940.310.67
0.570.910.930.790.910.850.710.870.870.760.92-0.320.760.340.430.920.93-0.18-0.030.930.660.90.820.260.77
0.810.990.970.70.981.00.90.870.870.960.98-0.080.960.590.510.960.97-0.08-0.270.980.910.980.970.380.65
0.620.920.890.730.920.90.680.870.870.80.93-0.040.80.570.210.910.920.020.10.920.660.910.830.520.68
0.760.950.940.590.950.960.940.760.960.80.930.021.00.560.560.940.92-0.05-0.260.940.930.960.980.340.65
0.761.00.990.720.990.990.870.920.980.930.93-0.120.930.570.430.980.99-0.09-0.150.990.850.990.950.410.71
0.17-0.1-0.160.09-0.09-0.03-0.19-0.32-0.08-0.040.02-0.120.020.290.05-0.19-0.140.29-0.26-0.13-0.07-0.08-0.030.21-0.49
0.760.950.940.590.950.960.940.760.960.81.00.930.020.560.560.940.92-0.05-0.260.940.930.960.980.340.65
0.870.540.480.260.530.620.530.340.590.570.560.570.290.560.040.490.470.15-0.280.50.670.520.580.7-0.03
0.370.470.530.470.480.470.520.430.510.210.560.430.050.560.040.450.47-0.15-0.50.470.520.50.57-0.120.27
0.680.990.990.670.990.960.890.920.960.910.940.98-0.190.940.490.450.98-0.13-0.070.990.850.980.950.350.79
0.690.990.990.770.990.970.830.930.970.920.920.99-0.140.920.470.470.98-0.09-0.121.00.80.990.940.330.75
0.01-0.08-0.12-0.08-0.05-0.05-0.11-0.18-0.080.02-0.05-0.090.29-0.050.15-0.15-0.13-0.090.1-0.1-0.08-0.080.00.12-0.13
-0.52-0.17-0.16-0.28-0.15-0.22-0.2-0.03-0.270.1-0.26-0.15-0.26-0.26-0.28-0.5-0.07-0.120.1-0.14-0.33-0.18-0.230.030.31
0.711.00.990.751.00.980.850.930.980.920.940.99-0.130.940.50.470.991.0-0.1-0.140.831.00.950.350.75
0.830.860.850.370.850.90.980.660.910.660.930.85-0.070.930.670.520.850.8-0.08-0.330.830.850.930.40.51
0.741.00.990.741.00.990.870.90.980.910.960.99-0.080.960.520.50.980.99-0.08-0.181.00.850.960.350.71
0.770.960.960.60.970.970.940.820.970.830.980.95-0.030.980.580.570.950.940.0-0.230.950.930.960.370.68
0.410.380.320.170.380.420.310.260.380.520.340.410.210.340.7-0.120.350.330.120.030.350.40.350.37-0.03
0.170.720.750.410.730.640.670.770.650.680.650.71-0.490.65-0.030.270.790.75-0.130.310.750.510.710.68-0.03
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Bunzl PLC Account Relationship Matchups

Bunzl PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding334.3M335.1M336M337.2M387.8M367.0M
Total Assets6.0B6.9B7.2B8.8B8.7B9.2B
Short Long Term Debt Total2.3B2.7B2.6B3.1B3.1B3.2B
Other Current Liab525.7M705.1M689.1M840.6M817.2M858.1M
Total Current Liabilities2.3B2.7B2.8B3.5B3.3B3.5B
Total Stockholder Equity1.7B1.9B2.2B2.7B3.0B3.1B
Property Plant And Equipment Net551.2M576.1M569.2M666.8M775.7M814.5M
Net Debt1.7B1.8B1.8B1.6B1.7B1.7B
Retained Earnings1.6B1.9B2.2B2.5B2.9B3.0B
Accounts Payable1.1B1.1B1.2B1.4B1.3B1.4B
Cash610.5M944.3M776.9M1.5B1.4B1.5B
Non Current Assets Total2.9B3.1B3.5B4.0B4.1B4.3B
Non Currrent Assets Other(1.4B)(1.5B)(1.6B)60.5M69.1M72.6M
Cash And Short Term Investments610.5M944.3M776.9M1.5B1.4B1.5B
Liabilities And Stockholders Equity6.0B6.9B7.2B8.8B8.7B9.2B
Non Current Liabilities Total2.0B2.3B2.2B2.7B2.5B2.6B
Inventory1.2B1.4B1.5B1.7B1.6B1.7B
Other Current Assets73.7M108.7M280.6M323M311.6M204.8M
Other Stockholder Equity114.1M111.8M138.8M77M(95.1M)(90.3M)
Total Liab4.2B5.0B5.0B6.1B5.8B6.1B
Property Plant And Equipment Gross551.2M576.1M569.2M666.8M1.1B1.1B
Total Current Assets3.1B3.8B3.7B4.8B4.6B4.9B
Short Term Debt675.2M723.6M792.6M1.1B1.2B1.2B
Accumulated Other Comprehensive Income(98.1M)(179.1M)(252.7M)(59M)(229.4M)(240.9M)
Intangible Assets2.3B2.4B2.8B3.1B1.2B944.1M
Other Liab230.1M259M342M382.1M439.4M461.4M
Other Assets14.5M19.9M73.3M64.5M74.2M77.9M
Long Term Debt1.3B1.6B1.4B1.6B1.4B948.1M
Net Receivables1.2B1.3B1.2B1.3B1.3B778.1M
Good Will1.4B1.5B1.7B1.9B2.0B1.1B
Property Plant Equipment551.2M576.1M569.2M666.8M766.8M805.2M
Net Tangible Assets(546.6M)(522.8M)(562.9M)(373M)(335.7M)(352.5M)
Short Long Term Debt553.4M594.5M663.5M986.9M1.0B560.6M
Current Deferred Revenue4.4M82.9M34.5M10.4M7.1M7.5M
Capital Surpluse171.4M178.5M184M187.7M215.9M195.6M

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