Centrica Reconciled Depreciation vs Research Development 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 Reconciled Depreciation and its Research Development 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.
Reconciled Depreciation vs Research Development
Reconciled Depreciation vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrica PLC Reconciled Depreciation account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Centrica PLC's Reconciled Depreciation and Research Development is -0.21. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Research Development 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 Reconciled Depreciation 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 Reconciled Depreciation of Centrica 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 Reconciled Depreciation i.e., Centrica PLC's Reconciled Depreciation and Research Development go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
Research Development
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 Expense | 197M | 221M | 306M | 213.1M | Depreciation And Amortization | 799M | 669M | 518M | 1.0B |
Centrica PLC fundamental ratios Correlations
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Centrica PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Centrica PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.2B | 17.1B | 27.1B | 29.0B | 21.4B | 17.0B | |
Short Long Term Debt Total | 5.3B | 5.3B | 4.6B | 4.0B | 4.1B | 3.8B | |
Other Current Liab | 7.0B | 6.2B | 15.9B | 19.7B | 9.4B | 5.9B | |
Total Current Liabilities | 8.9B | 7.7B | 18.0B | 21.7B | 11.1B | 7.5B | |
Total Stockholder Equity | 1.2B | 957M | 2.4B | 1.0B | 3.9B | 3.0B | |
Property Plant And Equipment Net | 3.1B | 2.6B | 2.0B | 1.7B | 1.8B | 1.8B | |
Net Debt | 3.9B | 3.5B | (485M) | (880M) | (2.4B) | (2.3B) | |
Retained Earnings | (869M) | (337M) | 377M | (466M) | 3.7B | 3.9B | |
Accounts Payable | 571M | 440M | 542M | 481M | 474M | 450.3M | |
Cash | 1.3B | 1.8B | 5.1B | 4.8B | 6.4B | 6.8B | |
Non Current Assets Total | 8.5B | 6.7B | 4.8B | 4.9B | 5.3B | 8.6B | |
Non Currrent Assets Other | (553M) | (824M) | (823M) | (1.7B) | 64M | 60.8M | |
Cash And Short Term Investments | 1.5B | 1.8B | 5.1B | 4.8B | 6.8B | 7.2B | |
Common Stock Total Equity | 348M | 354M | 360M | 361M | 415.2M | 308.9M | |
Common Stock Shares Outstanding | 5.8B | 5.9B | 5.9B | 5.9B | 5.7B | 5.4B | |
Short Term Investments | 124M | (511M) | (1.2B) | (1.9B) | 405M | 425.3M | |
Liabilities And Stockholders Equity | 18.2B | 17.1B | 27.1B | 29.0B | 21.4B | 17.0B | |
Non Current Liabilities Total | 4.1B | 8.1B | 3.2B | 2.8B | 6.0B | 5.9B | |
Inventory | 431M | 324M | 644M | 1.3B | 1.1B | 1.1B | |
Other Current Assets | 2.5B | 6.2B | 9.8B | 8.8B | 3.6B | 4.1B | |
Other Stockholder Equity | 1.7B | 2.8B | 2.4B | 2.3B | 1.3B | 1.2B | |
Total Liab | 16.4B | 15.7B | 24.3B | 27.8B | 17.1B | 13.9B | |
Property Plant And Equipment Gross | 3.3B | 2.6B | 12.5B | 12.8B | 13.2B | 6.7B | |
Total Current Assets | 8.3B | 10.4B | 19.9B | 20.7B | 16.1B | 8.1B | |
Accumulated Other Comprehensive Income | (1.1B) | (1.4B) | (1.2B) | (1.5B) | (1.5B) | (1.6B) | |
Short Term Debt | 774M | 787M | 1.2B | 1.0B | 1.0B | 587.6M | |
Common Stock | 360M | 361M | 363M | 365M | 419.8M | 318.8M | |
Intangible Assets | 1.5B | 1.8B | 760M | 707M | 340M | 323M | |
Other Liab | 3.0B | 3.5B | 2.9B | 3.0B | 3.5B | 2.7B | |
Other Assets | 1.4B | 1.3B | 2.4B | 3.5B | 4.0B | 4.2B | |
Long Term Debt | 4.1B | 4.3B | 3.2B | 2.8B | 2.8B | 3.6B | |
Net Receivables | 3.9B | 2.9B | 6.0B | 8.5B | 4.5B | 3.9B | |
Good Will | 2.6B | 929M | 401M | 409M | 405M | 384.8M | |
Property Plant Equipment | 3.1B | 2.6B | 2.0B | 1.7B | 2.0B | 1.9B | |
Current Deferred Revenue | 519M | 425M | 381M | 1.1B | 1.5B | 1.6B | |
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 Debt | 691M | 616M | 1.1B | 921M | 904M | 924.7M | |
Capital Surpluse | 2.3B | 2.3B | 2.4B | 2.4B | 2.8B | 2.5B |
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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.