PLAZ Stock | | | 25.00 5.00 16.67% |
Plaza Centers financial indicator trend analysis is much more than just breaking down Plaza Centers NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plaza Centers NV is a good investment. Please check the relationship between Plaza Centers Other Operating Expenses and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plaza Centers NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plaza Centers NV Other Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Plaza Centers' Other Operating Expenses and Operating Income is -0.07. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Plaza Centers NV, assuming nothing else is changed. The correlation between historical values of Plaza Centers' Other Operating Expenses and Operating 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 Other Operating Expenses of Plaza Centers NV are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Plaza Centers' Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Plaza Centers NV. It is also known as Plaza Centers 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.
Operating Income
Operating Income is the amount of profit realized from Plaza Centers NV operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Plaza Centers NV is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Plaza Centers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plaza Centers NV 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plaza Centers NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 1.9
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 52
K in 2024.
Plaza Centers fundamental ratios Correlations
Click cells to compare fundamentals
Plaza Centers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plaza Centers fundamental ratios Accounts
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