WPP Gross Profit vs Total Revenue Analysis
WPP Stock | USD 51.48 0.07 0.14% |
WPP PLC financial indicator trend analysis is more than just analyzing WPP PLC ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WPP PLC ADR is a good investment. Please check the relationship between WPP PLC Gross Profit and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WPP 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 american community survey.
Gross Profit vs Total Revenue
Gross Profit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WPP PLC ADR Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between WPP PLC's Gross Profit and Total Revenue is 0.07. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of WPP PLC ADR, assuming nothing else is changed. The correlation between historical values of WPP PLC's Gross Profit and Total Revenue 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 WPP PLC ADR are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., WPP PLC's Gross Profit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of WPP PLC ADR minus its cost of goods sold. It is profit before WPP PLC 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 Revenue
Total revenue comprises all receipts WPP PLC ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from WPP PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WPP 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in WPP 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 american community survey. At this time, WPP PLC's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 9.22, while Issuance Of Capital Stock is likely to drop slightly above 665 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 2.5B | 2.5B | 4.5B | Total Revenue | 12.8B | 14.4B | 14.8B | 15.6B |
WPP PLC fundamental ratios Correlations
Click cells to compare fundamentals
WPP PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WPP PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.3B | 36.2B | 27.9B | 28.8B | 26.6B | 16.9B | |
Short Long Term Debt Total | 6.8B | 15.8B | 6.8B | 7.2B | 6.9B | 3.7B | |
Other Current Liab | 3.7B | 3.7B | 4.7B | 4.7B | 3.8B | 2.0B | |
Total Current Liabilities | 15.6B | 23.1B | 16.5B | 17.7B | 16.3B | 8.9B | |
Total Stockholder Equity | 8.1B | 4.8B | 3.6B | 3.7B | 3.4B | 3.9B | |
Property Plant And Equipment Net | 2.6B | 2.3B | 2.3B | 2.5B | 2.2B | 2.3B | |
Net Debt | 3.8B | 2.9B | 2.9B | 4.7B | 4.7B | 4.9B | |
Retained Earnings | 9.0B | 5.1B | 4.4B | 3.8B | 3.5B | 4.0B | |
Cash | 3.0B | 12.9B | 3.9B | 2.5B | 2.0B | 1.9B | |
Non Current Assets Total | 15.9B | 12.2B | 12.5B | 13.7B | 12.9B | 8.7B | |
Non Currrent Assets Other | 1.0B | 27.6M | 49.6M | 78M | 610.1M | 424.7M | |
Cash And Short Term Investments | 3.0B | 12.9B | 3.9B | 2.5B | 2.2B | 1.9B | |
Net Receivables | 11.7B | 10.8B | 11.2B | 12.4B | 11.5B | 12.1B | |
Common Stock Shares Outstanding | 1.3B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | |
Liabilities And Stockholders Equity | 31.3B | 36.2B | 27.9B | 28.8B | 26.6B | 16.9B | |
Non Current Liabilities Total | 7.3B | 7.9B | 7.3B | 7.0B | 6.8B | 3.9B | |
Inventory | 349.5M | 22.8M | 254M | 1.0 | (11.5B) | (10.9B) | |
Other Current Assets | 772.4M | 11.1B | 11.5B | 12.6B | 11.7B | 12.3B | |
Other Stockholder Equity | (1.1B) | (240.5M) | (1.2B) | (193M) | (226.9M) | (215.6M) | |
Total Liab | 22.9B | 31.0B | 23.8B | 24.7B | 22.8B | 12.8B | |
Property Plant And Equipment Gross | 2.6B | 2.3B | 2.3B | 2.5B | 3.0B | 3.1B | |
Total Current Assets | 15.4B | 24.0B | 15.3B | 15.1B | 13.9B | 8.2B | |
Accumulated Other Comprehensive Income | (169.9M) | 191.2M | (335.9M) | 285.2M | 186.6M | 195.9M | |
Short Term Debt | 763.5M | 8.9B | 846.9M | 1.5B | 1.2B | 1.0B | |
Intangible Assets | 1.5B | 1.4B | 1.4B | 1.5B | 849.9M | 807.4M | |
Accounts Payable | 10.1B | 10.2B | 10.6B | 11.2B | 10.8B | 6.4B | |
Common Stock | 132.8M | 129.6M | 122.4M | 114.1M | 131.2M | 126.4M | |
Other Liab | 1.2B | 1.1B | 1.3B | 1.2B | 1.4B | 1.9B | |
Current Deferred Revenue | 1.0B | 1.2B | 1.3B | 1.6B | 1.3B | 1.1B | |
Other Assets | 15.9B | 393.9M | 540.7M | 322.1M | (266.5M) | (253.2M) | |
Long Term Debt | 4.0B | 5.0B | 4.2B | 3.8B | 3.8B | 4.8B | |
Good Will | 10.2B | 7.4B | 7.6B | 8.5B | 8.4B | 8.9B | |
Property Plant Equipment | 2.6B | 2.3B | 2.3B | 2.5B | 2.9B | 3.1B | |
Short Term Investments | 863.6M | 2.8B | 1.1B | 219.9M | 207.2M | 196.8M | |
Treasury Stock | (1.3B) | (1.2B) | (1.1B) | (1.1B) | (1.0B) | (950.8M) | |
Net Tangible Assets | (3.5B) | (3.9B) | (5.4B) | (6.2B) | (5.6B) | (5.9B) | |
Short Long Term Debt | 461.3M | 8.6B | 567.2M | 1.2B | 946.3M | 899.0M | |
Long Term Debt Total | 6.0B | 6.8B | 6.0B | 5.7B | 6.6B | 5.8B |
Pair Trading with WPP PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WPP PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WPP PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with WPP Stock
Moving against WPP Stock
0.72 | TC | TuanChe ADR | PairCorr |
0.57 | ADV | Advantage Solutions | PairCorr |
0.45 | OB | Outbrain | PairCorr |
0.4 | TU | Telus Corp | PairCorr |
0.38 | SJ | Scienjoy Holding Corp | PairCorr |
The ability to find closely correlated positions to WPP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WPP PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WPP PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WPP PLC ADR to buy it.
The correlation of WPP PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WPP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WPP PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WPP PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for WPP Stock Analysis
When running WPP PLC's price analysis, check to measure WPP 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 WPP PLC is operating at the current time. Most of WPP PLC's value examination focuses on studying past and present price action to predict the probability of WPP 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 WPP PLC's price. Additionally, you may evaluate how the addition of WPP PLC to your portfolios can decrease your overall portfolio volatility.