Vodafone Depreciation And Amortization vs Non Recurring Analysis
VOD Stock | 88.64 0.16 0.18% |
Vodafone Group financial indicator trend analysis is much more than just breaking down Vodafone Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vodafone Group PLC is a good investment. Please check the relationship between Vodafone Group Depreciation And Amortization and its Non Recurring accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vodafone Group 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 industry.
Depreciation And Amortization vs Non Recurring
Depreciation And Amortization vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vodafone Group PLC Depreciation And Amortization account and Non Recurring. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Vodafone Group's Depreciation And Amortization and Non Recurring is 0.13. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Vodafone Group PLC, assuming nothing else is changed. The correlation between historical values of Vodafone Group's Depreciation And Amortization and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Vodafone Group PLC are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Depreciation And Amortization i.e., Vodafone Group's Depreciation And Amortization and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Non Recurring
Most indicators from Vodafone Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vodafone Group 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 Vodafone Group 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 industry. The current year's Issuance Of Capital Stock is expected to grow to about 4 M, whereas Selling General Administrative is forecasted to decline to about 4.6 B.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 2.5B | 2.7B | 2.3B | 1.2B | Depreciation And Amortization | 10.3B | 10.4B | 10.8B | 7.9B |
Vodafone Group fundamental ratios Correlations
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Vodafone Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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