Reckitt Gross Profit vs Extraordinary Items Analysis

RKT Stock   4,835  132.00  2.81%   
Reckitt Benckiser financial indicator trend analysis is much more than just breaking down Reckitt Benckiser prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reckitt Benckiser is a good investment. Please check the relationship between Reckitt Benckiser Gross Profit and its Extraordinary Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reckitt Benckiser Group. 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.

Gross Profit vs Extraordinary Items

Gross Profit vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reckitt Benckiser Gross Profit account and Extraordinary Items. At this time, the significance of the direction appears to have no relationship.
The correlation between Reckitt Benckiser's Gross Profit and Extraordinary Items is 0.01. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Reckitt Benckiser Group, assuming nothing else is changed. The correlation between historical values of Reckitt Benckiser's Gross Profit and Extraordinary Items 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 Reckitt Benckiser Group are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Gross Profit i.e., Reckitt Benckiser's Gross Profit and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Reckitt Benckiser Group minus its cost of goods sold. It is profit before Reckitt Benckiser 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.

Extraordinary Items

Most indicators from Reckitt Benckiser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reckitt Benckiser 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 Reckitt Benckiser Group. 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.
The current year's Issuance Of Capital Stock is expected to grow to about 63.6 M, whereas Selling General Administrative is forecasted to decline to about 910.4 M.
 2021 2022 2024 (projected)
Interest Expense264M257M333.9M
Depreciation And Amortization429M604M251.6M

Reckitt Benckiser fundamental ratios Correlations

0.490.810.920.880.80.770.950.90.870.71-0.360.830.250.980.060.980.330.680.970.840.180.961.00.190.93
0.490.640.250.470.47-0.040.610.440.460.050.110.7-0.440.57-0.040.530.440.480.50.66-0.10.490.440.080.57
0.810.640.670.650.810.580.740.610.840.49-0.260.870.280.830.010.830.520.650.770.820.060.760.790.170.67
0.920.250.670.770.860.790.860.750.840.78-0.340.630.350.840.110.880.290.480.810.60.10.790.930.10.83
0.880.470.650.770.60.680.820.920.720.53-0.250.740.10.89-0.240.870.440.820.880.810.320.870.880.320.85
0.80.470.810.860.60.60.790.520.820.65-0.220.660.310.730.110.790.470.40.640.54-0.180.620.78-0.020.69
0.77-0.040.580.790.680.60.580.680.740.63-0.290.640.60.720.00.730.260.590.710.640.370.710.790.180.57
0.950.610.740.860.820.790.580.860.770.64-0.320.750.10.930.040.930.370.60.920.750.030.90.940.10.99
0.90.440.610.750.920.520.680.860.70.59-0.260.760.120.92-0.20.880.330.820.950.840.40.950.910.270.91
0.870.460.840.840.720.820.740.770.70.67-0.160.820.320.840.110.840.330.60.790.770.050.790.860.170.72
0.710.050.490.780.530.650.630.640.590.67-0.370.410.590.640.090.740.140.320.650.380.030.630.730.190.62
-0.360.11-0.26-0.34-0.25-0.22-0.29-0.32-0.26-0.16-0.37-0.02-0.35-0.36-0.34-0.40.290.02-0.4-0.10.2-0.4-0.390.06-0.32
0.830.70.870.630.740.660.640.750.760.820.41-0.020.110.88-0.050.840.480.80.820.970.30.820.80.210.72
0.25-0.440.280.350.10.310.60.10.120.320.59-0.350.110.190.00.280.050.120.20.060.110.20.280.130.06
0.980.570.830.840.890.730.720.930.920.840.64-0.360.880.190.040.980.340.740.990.910.20.980.980.230.93
0.06-0.040.010.11-0.240.110.00.04-0.20.110.09-0.34-0.050.00.040.06-0.72-0.580.03-0.1-0.540.030.04-0.14-0.02
0.980.530.830.880.870.790.730.930.880.840.74-0.40.840.280.980.060.340.680.950.840.160.940.980.210.91
0.330.440.520.290.440.470.260.370.330.330.140.290.480.050.34-0.720.340.670.270.430.320.250.320.080.34
0.680.480.650.480.820.40.590.60.820.60.320.020.80.120.74-0.580.680.670.730.850.60.740.680.30.64
0.970.50.770.810.880.640.710.920.950.790.65-0.40.820.20.990.030.950.270.730.880.241.00.970.250.93
0.840.660.820.60.810.540.640.750.840.770.38-0.10.970.060.91-0.10.840.430.850.880.390.890.820.270.76
0.18-0.10.060.10.32-0.180.370.030.40.050.030.20.30.110.2-0.540.160.320.60.240.390.260.210.330.12
0.960.490.760.790.870.620.710.90.950.790.63-0.40.820.20.980.030.940.250.741.00.890.260.960.260.91
1.00.440.790.930.880.780.790.940.910.860.73-0.390.80.280.980.040.980.320.680.970.820.210.960.210.93
0.190.080.170.10.32-0.020.180.10.270.170.190.060.210.130.23-0.140.210.080.30.250.270.330.260.210.13
0.930.570.670.830.850.690.570.990.910.720.62-0.320.720.060.93-0.020.910.340.640.930.760.120.910.930.13
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Reckitt Benckiser Account Relationship Matchups

Reckitt Benckiser fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.1B31.3B26.9B28.7B27.1B17.4B
Other Current Liab3.7B3.9B3.4B3.5B3.7B2.1B
Total Current Liabilities8.9B6.9B8.1B8.3B8.3B5.3B
Total Stockholder Equity9.4B9.1B7.4B9.4B8.4B6.3B
Other Liab5.3B5.4B4.3B3.8B4.3B4.5B
Retained Earnings23.4B23.4B22.5B23.6B23.4B17.2B
Accounts Payable1.4B2.2B2.1B2.4B2.2B1.4B
Cash1.5B1.6B1.3B1.2B1.4B872.6M
Long Term Debt8.3B9.6B6.8B6.9B6.6B6.9B
Net Receivables1.7B1.6B2.1B2.2B1.7B1.3B
Good Will6.5B5.4B5.3B5.6B4.6B4.8B
Short Term Investments(155M)(19M)(1M)122M109.8M68.0M
Inventory1.3B1.6B1.5B1.8B1.6B851.3M
Other Current Assets454M519M734M579M573M776.9M
Total Liab22.7B22.1B19.5B19.3B18.7B11.1B
Intangible Assets17.8B17.6B13.5B14.6B14.0B9.4B
Property Plant Equipment2.1B2.2B2.2B2.5B2.8B3.0B
Short Long Term Debt Total12.2B10.6B9.6B8.9B8.5B4.9B
Property Plant And Equipment Net2.1B2.2B2.2B2.5B2.4B1.2B
Net Debt10.6B8.9B8.3B7.7B7.2B3.9B
Non Current Assets Total27.1B25.4B21.2B23.5B21.8B15.0B
Non Currrent Assets Other268M(258M)(197M)451M442M464.1M
Cash And Short Term Investments1.5B1.6B1.3B1.2B1.4B1.0B
Common Stock Shares Outstanding708.7M713.7M713.8M717.5M718.3M582.4M
Liabilities And Stockholders Equity32.1B31.3B26.9B28.7B27.1B18.6B
Non Current Liabilities Total13.8B9.6B6.8B10.9B10.3B10.8B
Total Current Assets5.0B5.3B5.0B5.3B5.3B3.5B
Short Term Debt3.7B835M2.5B1.7B1.7B1.7B
Other Assets647M611M701M538M618.7M345.4M
Net Tangible Assets(14.9B)(13.9B)(11.5B)(10.8B)(9.7B)(10.2B)
Short Long Term Debt3.7B691M2.4B1.6B1.6B1.7B
Accumulated Other Comprehensive Income(80M)(379M)(1.2B)(294M)(1.1B)(1.1B)
Capital Lease Obligations253M313M328M389M327M221.7M
Non Current Liabilities Other367M397M333M116M22M20.9M
Long Term Debt Total8.5B9.8B7.1B7.2B6.4B7.2B

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Other Information on Investing in Reckitt Stock

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