ITV Gross Profit vs Total Other Income Expense Net Analysis

ITV Stock   83.60  1.20  1.46%   
ITV PLC financial indicator trend analysis is infinitely more than just investigating ITV PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ITV PLC is a good investment. Please check the relationship between ITV PLC Gross Profit and its Total Other Income Expense Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITV 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 industry.

Gross Profit vs Total Other Income Expense Net

Gross Profit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITV PLC Gross Profit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ITV PLC's Gross Profit and Total Other Income Expense Net is -0.29. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of ITV PLC, assuming nothing else is changed. The correlation between historical values of ITV PLC's Gross Profit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of ITV PLC are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., ITV PLC's Gross Profit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ITV PLC minus its cost of goods sold. It is profit before ITV PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Other Income Expense Net

Most indicators from ITV PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ITV 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 ITV 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 industry.
At present, ITV PLC's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense38M62M23M21.9M
Depreciation And Amortization129M133M190M125.1M

ITV PLC fundamental ratios Correlations

0.790.860.43-0.540.61-0.210.450.790.140.77-0.260.660.520.290.620.770.770.670.510.580.88-0.380.030.410.27
0.790.830.1-0.260.42-0.520.520.880.190.7-0.190.760.490.580.740.550.70.660.740.560.72-0.430.110.710.52
0.860.830.12-0.360.4-0.490.490.810.120.63-0.060.810.670.520.630.520.530.730.750.710.84-0.63-0.020.520.45
0.430.10.12-0.80.60.54-0.50.2-0.320.5-0.56-0.380.17-0.580.390.710.35-0.34-0.16-0.220.330.05-0.17-0.35-0.57
-0.54-0.26-0.36-0.8-0.63-0.330.15-0.50.21-0.430.330.08-0.370.46-0.48-0.56-0.240.01-0.05-0.22-0.590.250.390.310.48
0.610.420.40.6-0.630.090.110.510.060.65-0.10.160.11-0.230.580.490.470.210.090.370.610.03-0.30.11-0.22
-0.21-0.52-0.490.54-0.330.09-0.5-0.48-0.27-0.28-0.46-0.64-0.21-0.89-0.28-0.03-0.3-0.49-0.68-0.6-0.280.130.22-0.81-0.83
0.450.520.49-0.50.150.11-0.50.520.510.160.330.880.120.570.05-0.10.250.940.350.770.52-0.270.160.510.55
0.790.880.810.2-0.50.51-0.480.520.110.75-0.050.680.540.380.620.50.630.630.580.750.85-0.44-0.240.470.31
0.140.190.12-0.320.210.06-0.270.510.110.220.180.4-0.550.42-0.170.020.230.470.090.180.02-0.050.420.370.54
0.770.70.630.5-0.430.65-0.280.160.750.22-0.270.390.240.230.550.770.830.340.370.370.68-0.18-0.10.410.22
-0.26-0.19-0.06-0.560.33-0.1-0.460.33-0.050.18-0.270.18-0.290.25-0.3-0.52-0.270.19-0.070.43-0.130.37-0.420.170.24
0.660.760.81-0.380.080.16-0.640.880.680.40.390.180.40.750.320.150.430.970.650.790.67-0.490.180.680.7
0.520.490.670.17-0.370.11-0.210.120.54-0.550.24-0.290.40.180.540.320.190.310.580.430.63-0.67-0.220.140.05
0.290.580.52-0.580.46-0.23-0.890.570.380.420.230.250.750.180.240.120.370.610.730.440.21-0.240.210.880.98
0.620.740.630.39-0.480.58-0.280.050.62-0.170.55-0.30.320.540.240.60.50.210.750.310.59-0.26-0.180.440.2
0.770.550.520.71-0.560.49-0.03-0.10.50.020.77-0.520.150.320.120.60.820.130.360.060.51-0.120.030.310.15
0.770.70.530.35-0.240.47-0.30.250.630.230.83-0.270.430.190.370.50.820.40.370.30.51-0.010.040.580.41
0.670.660.73-0.340.010.21-0.490.940.630.470.340.190.970.310.610.210.130.40.50.810.68-0.450.20.540.59
0.510.740.75-0.16-0.050.09-0.680.350.580.090.37-0.070.650.580.730.750.360.370.50.470.51-0.510.00.650.68
0.580.560.71-0.22-0.220.37-0.60.770.750.180.370.430.790.430.440.310.060.30.810.470.78-0.32-0.420.390.36
0.880.720.840.33-0.590.61-0.280.520.850.020.68-0.130.670.630.210.590.510.510.680.510.78-0.47-0.240.250.13
-0.38-0.43-0.630.050.250.030.13-0.27-0.44-0.05-0.180.37-0.49-0.67-0.24-0.26-0.12-0.01-0.45-0.51-0.32-0.47-0.22-0.08-0.17
0.030.11-0.02-0.170.39-0.30.220.16-0.240.42-0.1-0.420.18-0.220.21-0.180.030.040.20.0-0.42-0.24-0.220.170.28
0.410.710.52-0.350.310.11-0.810.510.470.370.410.170.680.140.880.440.310.580.540.650.390.25-0.080.170.87
0.270.520.45-0.570.48-0.22-0.830.550.310.540.220.240.70.050.980.20.150.410.590.680.360.13-0.170.280.87
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ITV PLC Account Relationship Matchups

ITV PLC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B4.2B4.5B4.2B4.2B4.1B
Other Current Liab971M883M906M948M1.1B728.6M
Total Current Liabilities1.4B1.7B1.8B1.3B1.3B1.2B
Total Stockholder Equity1.1B1.5B1.8B1.8B1.8B1.2B
Other Liab251M214M201M186M213.9M354.2M
Accounts Payable108M109M158M130M199M117.0M
Cash668M736M348M340M427M426.3M
Long Term Debt1.1B732M541M758M723M834.2M
Net Receivables824M650M875M872M863M498.5M
Good Will1.2B1.2B1.4B1.4B1.3B1.5B
Inventory308M313M870M647M713M380.5M
Total Liab2.8B2.7B2.6B2.4B2.4B2.4B
Intangible Assets1.5B1.5B1.6B178M189M375.6M
Property Plant Equipment269M285M254M286M328.9M247.5M
Retained Earnings394M729M1.0B919M923M969.2M
Other Assets137M139M142M253M291.0M305.5M
Short Long Term Debt Total1.2B1.1B962M878M838M1.0B
Property Plant And Equipment Net285M254M286M263M237M244.5M
Net Debt522M378M614M538M411M478.1M
Non Current Assets Total2.1B2.0B2.3B2.2B2.0B1.8B
Non Currrent Assets Other(1.1B)(1.1B)(1.1B)(1.1B)325M289.8M
Cash And Short Term Investments668M736M348M340M427M405.0M
Common Stock Shares Outstanding4.0B4.1B4.0B4.1B4.0B4.4B
Liabilities And Stockholders Equity4.0B4.2B4.5B4.2B4.2B3.1B
Non Current Liabilities Total1.4B1.4B1.0B846M1.0B904.2M
Property Plant And Equipment Gross285M514M545M481M537M297.0M
Total Current Assets1.9B2.2B2.1B2.0B2.2B1.7B
Short Term Debt29M311M310M23M25M23.8M
Current Deferred Revenue271M359M372M187M215.1M155.0M
Accumulated Other Comprehensive Income151M174M222M287M330.1M346.6M
Short Term Investments(48M)(42M)(46M)76M68.4M71.8M
Net Tangible Assets(754M)(429M)(8M)209M240.4M252.4M
Short Long Term Debt10M7M290M289M5M9.5M
Net Invested Capital2.2B2.5B2.7B2.5B2.5B2.5B

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Other Information on Investing in ITV Stock

Balance Sheet is a snapshot of the financial position of ITV PLC at a specified time, usually calculated after every quarter, six months, or one year. ITV PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ITV 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 ITV currently owns. An asset can also be divided into two categories, current and non-current.