SBRY Cost Of Revenue vs Reconciled Depreciation Analysis
SBRY Stock | 261.20 7.80 3.08% |
J Sainsbury financial indicator trend analysis is infinitely more than just investigating J Sainsbury PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J Sainsbury PLC is a good investment. Please check the relationship between J Sainsbury Cost Of Revenue and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in J Sainsbury 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 board of governors.
Cost Of Revenue vs Reconciled Depreciation
Cost Of Revenue vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J Sainsbury PLC Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between J Sainsbury's Cost Of Revenue and Reconciled Depreciation is -0.98. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of J Sainsbury PLC, assuming nothing else is changed. The correlation between historical values of J Sainsbury's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of J Sainsbury PLC are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., J Sainsbury's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on J Sainsbury PLC income statement and represents the costs associated with goods and services J Sainsbury provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Reconciled Depreciation
Most indicators from J Sainsbury's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J Sainsbury 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 World Market Map to better understand how to build diversified portfolios, which includes a position in J Sainsbury 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 board of governors. Issuance Of Capital Stock is likely to gain to about 17 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.
2010 | 2021 | 2022 | 2023 (projected) | Interest Expense | 355M | 323M | 310M | 335M | Depreciation And Amortization | 1.2B | 1.2B | 1.2B | 1.2B |
J Sainsbury fundamental ratios Correlations
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J Sainsbury Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running J Sainsbury's price analysis, check to measure J Sainsbury'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 J Sainsbury is operating at the current time. Most of J Sainsbury's value examination focuses on studying past and present price action to predict the probability of J Sainsbury's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J Sainsbury's price. Additionally, you may evaluate how the addition of J Sainsbury to your portfolios can decrease your overall portfolio volatility.