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 Short Long Term Debt Total and its Total Liab 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.
Short Long Term Debt Total vs Total Liab
Short Long Term Debt Total vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bunzl PLC Short Long Term Debt Total account and
Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Bunzl PLC's Short Long Term Debt Total and Total Liab is 0.99. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Liab 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 Short Long Term Debt Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Bunzl PLC are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Long Term Debt Total i.e., Bunzl PLC's Short Long Term Debt Total and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt Total
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.