Vodafone Gross Profit vs Total Other Income Expense Net 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 Gross Profit and its Total Other Income Expense Net 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.
Gross Profit vs Total Other Income Expense Net
Gross Profit vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vodafone Group PLC Gross Profit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vodafone Group's Gross Profit and Total Other Income Expense Net is -0.05. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net 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 Gross Profit and Total Other Income Expense Net 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 Vodafone Group PLC are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Vodafone Group's Gross Profit and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Vodafone Group PLC minus its cost of goods sold. It is profit before Vodafone Group 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.Total Other Income Expense Net
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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