GSK Stock | | | 1,340 3.50 0.26% |
GlaxoSmithKline PLC financial indicator trend analysis is much more than just examining GlaxoSmithKline PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlaxoSmithKline PLC is a good investment. Please check the relationship between GlaxoSmithKline PLC Stock Based Compensation and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlaxoSmithKline 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.
Stock Based Compensation vs Depreciation
Stock Based Compensation vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GlaxoSmithKline PLC Stock Based Compensation account and
Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GlaxoSmithKline PLC's Stock Based Compensation and Depreciation is 0.5. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of GlaxoSmithKline PLC, assuming nothing else is changed. The correlation between historical values of GlaxoSmithKline PLC's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of GlaxoSmithKline PLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., GlaxoSmithKline PLC's Stock Based Compensation and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Depreciation
Depreciation indicates how much of GlaxoSmithKline PLC value has been used up. For tax purposes GlaxoSmithKline PLC can deduct the cost of the tangible assets it purchases as business expenses. However, GlaxoSmithKline PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from GlaxoSmithKline PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlaxoSmithKline 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlaxoSmithKline 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, GlaxoSmithKline PLC's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
GlaxoSmithKline PLC fundamental ratios Correlations
Click cells to compare fundamentals
GlaxoSmithKline PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GlaxoSmithKline PLC fundamental ratios Accounts
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Other Information on Investing in GlaxoSmithKline Stock
Balance Sheet is a snapshot of the
financial position of GlaxoSmithKline PLC at a specified time, usually calculated after every quarter, six months, or one year. GlaxoSmithKline PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GlaxoSmithKline 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 GlaxoSmithKline currently owns. An asset can also be divided into two categories, current and non-current.