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 Other Non Cash Items and its Net Income 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.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Relx PLC ADR Other Non Cash Items account and
Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Relx PLC's Other Non Cash Items and Net Income is 0.36. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net 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 Non Cash Items of Relx PLC ADR are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Relx PLC's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Relx PLC ADR financial statement analysis. It represents the amount of money remaining after all of Relx PLC ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.