BRBY Stock | | | 898.20 6.00 0.67% |
Burberry Group financial indicator trend analysis is way more than just evaluating Burberry Group PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Burberry Group PLC is a good investment. Please check the relationship between Burberry Group Other Non Cash Items and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Burberry Group 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.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Burberry Group PLC Other Non Cash Items account and
Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Burberry Group's Other Non Cash Items and Net Income is 0.02. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Burberry Group PLC, assuming nothing else is changed. The correlation between historical values of Burberry Group's Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Burberry Group PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Burberry Group's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Burberry Group PLC financial statement analysis. It represents the amount of money remaining after all of Burberry Group PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Burberry Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Burberry Group 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 Burberry Group 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.
Tax Provision is likely to gain to about 117.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 328.5
M in 2024.
Burberry Group fundamental ratios Correlations
Click cells to compare fundamentals
Burberry Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Burberry Group fundamental ratios Accounts
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