DCC Stock | | | 5,725 25.00 0.43% |
DCC Plc financial indicator trend analysis is much more than just examining DCC plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DCC plc is a good investment. Please check the relationship between DCC Plc Issuance Of Capital Stock and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCC 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.
Issuance Of Capital Stock vs Net Income
Issuance Of Capital Stock vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DCC plc Issuance Of Capital Stock account and
Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between DCC Plc's Issuance Of Capital Stock and Net Income is -0.76. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Net Income in the same time period over historical financial statements of DCC plc, assuming nothing else is changed. The correlation between historical values of DCC Plc's Issuance Of Capital Stock 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 Issuance Of Capital Stock of DCC 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 Issuance Of Capital Stock i.e., DCC Plc's Issuance Of Capital Stock and Net Income go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Issuance Of Capital Stock
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in DCC plc financial statement analysis. It represents the amount of money remaining after all of DCC plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from DCC Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DCC 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCC 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.
The current year's
Discontinued Operations is expected to grow to about 37
M, whereas
Selling General Administrative is forecasted to decline to about 417.6
M.
DCC Plc fundamental ratios Correlations
Click cells to compare fundamentals
DCC Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DCC Plc fundamental ratios Accounts
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Other Information on Investing in DCC Stock
Balance Sheet is a snapshot of the
financial position of DCC plc at a specified time, usually calculated after every quarter, six months, or one year. DCC Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DCC 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 DCC currently owns. An asset can also be divided into two categories, current and non-current.