RELX Stock | | | USD 46.75 0.99 2.16% |
Relx PLC financial indicator trend analysis is much more than just breaking down Relx PLC ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Relx PLC ADR is a good investment. Please check the relationship between Relx PLC Interest Expense and its Gross Profit accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Relx PLC ADR. 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Relx PLC ADR Interest Expense account and
Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Relx PLC's Interest Expense and Gross Profit is 0.55. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Relx PLC ADR, assuming nothing else is changed. The correlation between historical values of Relx PLC's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Relx PLC ADR are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Relx PLC's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Relx PLC ADR minus its cost of goods sold. It is profit before Relx 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.
Most indicators from Relx PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Relx PLC ADR 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 Relx PLC ADR. 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 this time, Relx PLC's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 21.89 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
B in 2024.
Relx PLC fundamental ratios Correlations
Click cells to compare fundamentals
Relx PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Relx PLC fundamental ratios Accounts
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Additional Tools for Relx Stock Analysis
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measure Relx PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Relx PLC is operating at the current time. Most of Relx PLC's value examination focuses on studying past and present price action to
predict the probability of Relx PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Relx PLC's price. Additionally, you may evaluate how the addition of Relx PLC to your portfolios can decrease your overall portfolio volatility.