Centrica Net Income From Continuing Ops vs Net Income Analysis

CNA Stock   126.50  0.60  0.48%   
Centrica PLC financial indicator trend analysis is way more than just evaluating Centrica PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrica PLC is a good investment. Please check the relationship between Centrica PLC Net Income From Continuing Ops and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centrica 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 bureau of economic analysis.

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrica PLC Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Centrica PLC's Net Income From Continuing Ops and Net Income is 0.94. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of Centrica PLC, assuming nothing else is changed. The correlation between historical values of Centrica PLC's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Centrica 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 Net Income From Continuing Ops i.e., Centrica PLC's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Centrica PLC financial statement analysis. It represents the amount of money remaining after all of Centrica PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Centrica PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrica 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 Centrica 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 bureau of economic analysis.
At present, Centrica PLC's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6.3 M, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense197M221M306M213.1M
Depreciation And Amortization799M669M518M1.0B

Centrica PLC fundamental ratios Correlations

0.580.790.80.110.20.05-0.040.190.340.29-0.150.320.670.7-0.530.250.530.620.10.960.680.710.590.660.31
0.580.110.130.030.550.68-0.060.61-0.160.70.35-0.170.430.420.090.81-0.070.39-0.390.560.330.050.380.410.85
0.790.111.0-0.33-0.37-0.39-0.4-0.310.57-0.32-0.660.550.580.66-0.83-0.330.660.650.370.880.420.940.540.59-0.16
0.80.131.0-0.31-0.35-0.37-0.37-0.320.57-0.3-0.650.540.580.66-0.82-0.320.670.640.360.890.430.940.60.59-0.14
0.110.03-0.33-0.310.670.150.890.42-0.170.60.66-0.16-0.08-0.220.40.370.01-0.34-0.17-0.170.47-0.31-0.13-0.090.07
0.20.55-0.37-0.350.670.810.480.81-0.670.930.78-0.66-0.19-0.240.310.75-0.37-0.08-0.470.020.37-0.5-0.04-0.220.7
0.050.68-0.39-0.370.150.81-0.050.77-0.840.780.6-0.84-0.18-0.170.250.73-0.650.04-0.450.01-0.03-0.53-0.01-0.230.91
-0.04-0.06-0.4-0.370.890.48-0.050.250.040.450.610.06-0.18-0.350.530.320.19-0.4-0.33-0.280.43-0.34-0.11-0.16-0.14
0.190.61-0.31-0.320.420.810.770.25-0.580.850.83-0.58-0.13-0.20.330.83-0.40.15-0.560.060.21-0.44-0.12-0.170.74
0.34-0.160.570.57-0.17-0.67-0.840.04-0.58-0.5-0.531.00.520.52-0.23-0.360.820.210.30.380.260.710.280.57-0.59
0.290.7-0.32-0.30.60.930.780.450.85-0.50.8-0.49-0.04-0.060.40.86-0.23-0.03-0.50.120.31-0.46-0.01-0.060.76
-0.150.35-0.66-0.650.660.780.60.610.83-0.530.8-0.51-0.29-0.450.730.73-0.41-0.27-0.64-0.340.12-0.69-0.27-0.310.46
0.32-0.170.550.54-0.16-0.66-0.840.06-0.581.0-0.49-0.510.520.51-0.2-0.360.820.180.290.360.250.690.270.57-0.6
0.670.430.580.58-0.08-0.19-0.18-0.18-0.130.52-0.04-0.290.520.9-0.20.130.460.280.310.670.320.690.41.00.16
0.70.420.660.66-0.22-0.24-0.17-0.35-0.20.52-0.06-0.450.510.9-0.40.050.450.40.50.740.190.70.390.90.21
-0.530.09-0.83-0.820.40.310.250.530.33-0.230.40.73-0.2-0.2-0.40.43-0.31-0.62-0.49-0.65-0.23-0.73-0.35-0.20.12
0.250.81-0.33-0.320.370.750.730.320.83-0.360.860.73-0.360.130.050.43-0.270.12-0.520.140.26-0.36-0.010.10.82
0.53-0.070.660.670.01-0.37-0.650.19-0.40.82-0.23-0.410.820.460.45-0.31-0.270.20.170.530.440.660.40.51-0.46
0.620.390.650.64-0.34-0.080.04-0.40.150.21-0.03-0.270.180.280.4-0.620.120.20.140.710.390.60.440.270.27
0.1-0.390.370.36-0.17-0.47-0.45-0.33-0.560.3-0.5-0.640.290.310.5-0.49-0.520.170.140.13-0.220.450.10.31-0.28
0.960.560.880.89-0.170.020.01-0.280.060.380.12-0.340.360.670.74-0.650.140.530.710.130.550.790.620.670.28
0.680.330.420.430.470.37-0.030.430.210.260.310.120.250.320.19-0.230.260.440.39-0.220.550.410.250.330.06
0.710.050.940.94-0.31-0.5-0.53-0.34-0.440.71-0.46-0.690.690.690.7-0.73-0.360.660.60.450.790.410.560.71-0.26
0.590.380.540.6-0.13-0.04-0.01-0.11-0.120.28-0.01-0.270.270.40.39-0.35-0.010.40.440.10.620.250.560.410.12
0.660.410.590.59-0.09-0.22-0.23-0.16-0.170.57-0.06-0.310.571.00.9-0.20.10.510.270.310.670.330.710.410.12
0.310.85-0.16-0.140.070.70.91-0.140.74-0.590.760.46-0.60.160.210.120.82-0.460.27-0.280.280.06-0.260.120.12
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Centrica PLC Account Relationship Matchups

Centrica PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B17.1B27.1B29.0B21.4B17.0B
Short Long Term Debt Total5.3B5.3B4.6B4.0B4.1B3.8B
Other Current Liab7.0B6.2B15.9B19.7B9.4B5.9B
Total Current Liabilities8.9B7.7B18.0B21.7B11.1B7.5B
Total Stockholder Equity1.2B957M2.4B1.0B3.9B3.0B
Property Plant And Equipment Net3.1B2.6B2.0B1.7B1.8B1.8B
Net Debt3.9B3.5B(485M)(880M)(2.4B)(2.3B)
Retained Earnings(869M)(337M)377M(466M)3.7B3.9B
Accounts Payable571M440M542M481M474M450.3M
Cash1.3B1.8B5.1B4.8B6.4B6.8B
Non Current Assets Total8.5B6.7B4.8B4.9B5.3B8.6B
Non Currrent Assets Other(553M)(824M)(823M)(1.7B)64M60.8M
Cash And Short Term Investments1.5B1.8B5.1B4.8B6.8B7.2B
Common Stock Total Equity348M354M360M361M415.2M308.9M
Common Stock Shares Outstanding5.8B5.9B5.9B5.9B5.7B5.4B
Short Term Investments124M(511M)(1.2B)(1.9B)405M425.3M
Liabilities And Stockholders Equity18.2B17.1B27.1B29.0B21.4B17.0B
Non Current Liabilities Total4.1B8.1B3.2B2.8B6.0B5.9B
Inventory431M324M644M1.3B1.1B1.1B
Other Current Assets2.5B6.2B9.8B8.8B3.6B4.1B
Other Stockholder Equity1.7B2.8B2.4B2.3B1.3B1.2B
Total Liab16.4B15.7B24.3B27.8B17.1B13.9B
Property Plant And Equipment Gross3.3B2.6B12.5B12.8B13.2B6.7B
Total Current Assets8.3B10.4B19.9B20.7B16.1B8.1B
Accumulated Other Comprehensive Income(1.1B)(1.4B)(1.2B)(1.5B)(1.5B)(1.6B)
Short Term Debt774M787M1.2B1.0B1.0B587.6M
Common Stock360M361M363M365M419.8M318.8M
Intangible Assets1.5B1.8B760M707M340M323M
Other Liab3.0B3.5B2.9B3.0B3.5B2.7B
Other Assets1.4B1.3B2.4B3.5B4.0B4.2B
Long Term Debt4.1B4.3B3.2B2.8B2.8B3.6B
Net Receivables3.9B2.9B6.0B8.5B4.5B3.9B
Good Will2.6B929M401M409M405M384.8M
Property Plant Equipment3.1B2.6B2.0B1.7B2.0B1.9B
Current Deferred Revenue519M425M381M1.1B1.5B1.6B
Treasury Stock(142M)(107M)(37M)(31M)(27.9M)(29.3M)
Net Tangible Assets(2.8B)(983M)1.2B(99M)(113.9M)(119.5M)
Short Long Term Debt691M616M1.1B921M904M924.7M
Capital Surpluse2.3B2.3B2.4B2.4B2.8B2.5B

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Other Information on Investing in Centrica Stock

Balance Sheet is a snapshot of the financial position of Centrica PLC at a specified time, usually calculated after every quarter, six months, or one year. Centrica PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centrica PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Centrica currently owns. An asset can also be divided into two categories, current and non-current.