Ferguson Other Operating Expenses vs Income Before Tax Analysis

FERG Stock  USD 213.27  0.76  0.36%   
Ferguson Plc financial indicator trend analysis is much more than just examining Ferguson Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferguson Plc is a good investment. Please check the relationship between Ferguson Plc Other Operating Expenses and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferguson 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 metropolitan statistical area.
For more detail on how to invest in Ferguson Stock please use our How to Invest in Ferguson Plc guide.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ferguson Plc Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ferguson Plc's Other Operating Expenses and Income Before Tax is 0.59. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Ferguson Plc, assuming nothing else is changed. The correlation between historical values of Ferguson Plc's Other Operating Expenses and Income Before Tax 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 Operating Expenses of Ferguson Plc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Ferguson Plc's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ferguson Plc. It is also known as Ferguson Plc overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Ferguson Plc income statement and is an important metric when analyzing Ferguson Plc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Ferguson Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferguson 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 Ferguson 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 metropolitan statistical area.
For more detail on how to invest in Ferguson Stock please use our How to Invest in Ferguson Plc guide.At this time, Ferguson Plc's Discontinued Operations is most likely to increase significantly in the upcoming years. The Ferguson Plc's current Sales General And Administrative To Revenue is estimated to increase to 0.21, while Selling General Administrative is projected to decrease to roughly 5 B.
 2021 2022 2023 2024 (projected)
Interest Expense111M184M179M105.9M
Depreciation And Amortization301M321M335M357.5M

Ferguson Plc fundamental ratios Correlations

0.70.570.880.920.70.580.690.780.310.780.650.310.50.290.690.96-0.370.980.970.25-0.270.520.250.650.45
0.70.440.580.450.830.930.860.270.190.850.550.190.15-0.090.930.7-0.640.780.680.33-0.720.74-0.040.70.35
0.570.440.70.50.280.30.360.280.350.340.460.350.27-0.130.280.49-0.080.570.660.590.020.060.550.21-0.3
0.880.580.70.820.470.350.470.770.580.560.470.580.620.30.430.78-0.130.860.960.62-0.050.20.530.30.31
0.920.450.50.820.60.330.580.890.290.70.540.290.720.50.50.86-0.220.830.890.120.00.260.330.490.39
0.70.830.280.470.60.860.890.43-0.080.970.6-0.070.360.280.920.72-0.660.710.58-0.01-0.50.6-0.040.80.32
0.580.930.30.350.330.860.90.14-0.190.860.59-0.190.0-0.040.950.66-0.690.650.480.05-0.730.79-0.120.830.29
0.690.860.360.470.580.890.90.4-0.110.950.71-0.110.330.130.940.74-0.60.70.61-0.04-0.570.68-0.040.780.3
0.780.270.280.770.890.430.140.40.330.530.420.330.820.60.320.730.060.690.780.130.190.070.410.260.42
0.310.190.350.580.29-0.08-0.19-0.110.33-0.03-0.111.00.4-0.11-0.070.10.140.310.490.730.03-0.140.2-0.340.14
0.780.850.340.560.70.970.860.950.53-0.030.69-0.030.450.290.940.8-0.640.770.68-0.02-0.50.640.00.810.39
0.650.550.460.470.540.60.590.710.42-0.110.69-0.110.240.110.660.66-0.390.660.56-0.09-0.310.540.010.630.19
0.310.190.350.580.29-0.07-0.19-0.110.331.0-0.03-0.110.4-0.11-0.060.10.130.310.490.730.02-0.140.2-0.340.14
0.50.150.270.620.720.360.00.330.820.40.450.240.40.630.180.410.170.380.560.20.32-0.250.51-0.020.21
0.29-0.09-0.130.30.50.28-0.040.130.6-0.110.290.11-0.110.630.010.28-0.040.170.23-0.110.45-0.240.350.110.31
0.690.930.280.430.50.920.950.940.32-0.070.940.66-0.060.180.010.74-0.710.740.59-0.02-0.730.82-0.170.860.41
0.960.70.490.780.860.720.660.740.730.10.80.660.10.410.280.74-0.380.960.890.09-0.330.610.210.750.5
-0.37-0.64-0.08-0.13-0.22-0.66-0.69-0.60.060.14-0.64-0.390.130.17-0.04-0.71-0.38-0.41-0.250.110.68-0.760.45-0.75-0.33
0.980.780.570.860.830.710.650.70.690.310.770.660.310.380.170.740.96-0.410.950.3-0.380.610.190.690.46
0.970.680.660.960.890.580.480.610.780.490.680.560.490.560.230.590.89-0.250.950.45-0.220.40.370.480.4
0.250.330.590.620.12-0.010.05-0.040.130.73-0.02-0.090.730.2-0.11-0.020.090.110.30.450.06-0.20.52-0.27-0.18
-0.27-0.720.02-0.050.0-0.5-0.73-0.570.190.03-0.5-0.310.020.320.45-0.73-0.330.68-0.38-0.220.06-0.880.57-0.58-0.45
0.520.740.060.20.260.60.790.680.07-0.140.640.54-0.14-0.25-0.240.820.61-0.760.610.4-0.2-0.88-0.490.830.55
0.25-0.040.550.530.33-0.04-0.12-0.040.410.20.00.010.20.510.35-0.170.210.450.190.370.520.57-0.49-0.15-0.2
0.650.70.210.30.490.80.830.780.26-0.340.810.63-0.34-0.020.110.860.75-0.750.690.48-0.27-0.580.83-0.150.42
0.450.35-0.30.310.390.320.290.30.420.140.390.190.140.210.310.410.5-0.330.460.4-0.18-0.450.55-0.20.42
Click cells to compare fundamentals

Ferguson Plc Account Relationship Matchups

Ferguson Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5B13.5B15.7B16.0B16.6B9.5B
Short Long Term Debt Total4.5B3.8B5.5B4.8B5.5B5.8B
Other Current Liab346M1.1B1.3B1.6B1.3B871.7M
Total Current Liabilities4.7B4.8B5.8B5.4B5.2B3.8B
Total Stockholder Equity4.4B4.8B4.7B5.0B5.6B3.5B
Property Plant And Equipment Net2.5B2.2B2.6B3.1B3.3B3.5B
Net Debt2.4B2.5B4.7B4.2B4.9B5.2B
Retained Earnings5.6B6.2B7.6B8.6B9.6B10.1B
Accounts Payable3.6B3.0B3.6B3.4B3.4B2.5B
Cash2.1B1.3B771M601M571M725.1M
Non Current Assets Total5.4B5.4B6.1B6.9B7.2B7.5B
Non Currrent Assets Other414M575M527M1.3B554M581.7M
Cash And Short Term Investments2.1B1.3B771M601M571M752.1M
Common Stock Shares Outstanding226.9M224.8M209.8M207.2M203.5M255.3M
Liabilities And Stockholders Equity13.5B13.5B15.7B16.0B16.6B9.5B
Non Current Liabilities Total4.3B3.8B5.2B5.5B5.7B6.0B
Inventory2.9B3.4B4.3B3.9B4.2B2.3B
Other Stockholder Equity(1.2B)(1.9B)(937M)(2.6B)(3.1B)(2.9B)
Total Liab9.1B8.7B11.0B11.0B11.0B6.1B
Total Current Assets8.1B8.1B9.6B9.1B9.4B6.1B
Short Term Debt812M263M895M421M545M651.4M
Other Assets633M799M704M824M947.6M995.0M
Net Receivables2.7B2.8B3.6B3.6B3.6B2.2B
Other Current Assets366M735M4.4B1.9B1.0B1.8B
Intangible Assets521M546M782M783M753M566.6M
Good Will1.7B1.8B2.0B2.2B2.4B1.6B
Other Liab627M629M640M691M794.7M645.9M
Net Tangible Assets2.1B2.6B4.7B2.0B2.3B3.0B
Long Term Debt2.6B2.5B3.7B3.7B3.8B2.9B
Capital Lease Obligations1.4B1.1B1.5B1.1B1.6B922.4M
Net Invested Capital7.5B7.5B3.9B3.7B9.5B5.3B
Short Long Term Debt531M183M250M55M150M142.5M
Net Working Capital3.3B3.3B3.8B3.6B4.2B3.7B
Property Plant Equipment2.5B2.4B1.4B3.1B3.5B2.0B
Accumulated Other Comprehensive Income(563M)(796M)(830M)(888M)(931M)(977.6M)

Currently Active Assets on Macroaxis

When determining whether Ferguson Plc is a strong investment it is important to analyze Ferguson Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ferguson Plc's future performance. For an informed investment choice regarding Ferguson Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferguson 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 metropolitan statistical area.
For more detail on how to invest in Ferguson Stock please use our How to Invest in Ferguson Plc guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ferguson Plc. If investors know Ferguson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ferguson Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Dividend Share
3.16
Earnings Share
8.52
Revenue Per Share
146.057
Quarterly Revenue Growth
0.014
The market value of Ferguson Plc is measured differently than its book value, which is the value of Ferguson that is recorded on the company's balance sheet. Investors also form their own opinion of Ferguson Plc's value that differs from its market value or its book value, called intrinsic value, which is Ferguson Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ferguson Plc's market value can be influenced by many factors that don't directly affect Ferguson Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ferguson Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferguson Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferguson Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.