Whitbread Total Revenue vs Property Plant Equipment Analysis
WTB Stock | 2,843 35.00 1.22% |
Whitbread PLC financial indicator trend analysis is more than just analyzing Whitbread PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Whitbread PLC is a good investment. Please check the relationship between Whitbread PLC Total Revenue and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitbread 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 bureau of economic analysis.
Total Revenue vs Property Plant Equipment
Total Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whitbread PLC Total Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Whitbread PLC's Total Revenue and Property Plant Equipment is -0.02. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Whitbread PLC, assuming nothing else is changed. The correlation between historical values of Whitbread PLC's Total Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Whitbread PLC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Revenue i.e., Whitbread PLC's Total Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Whitbread PLC 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.Property Plant Equipment
Most indicators from Whitbread PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Whitbread 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitbread 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 bureau of economic analysis. The current year's Tax Provision is expected to grow to about 146.6 M, whereas Selling General Administrative is forecasted to decline to about 2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 170.6M | 168.1M | 178.2M | 187.1M | Depreciation And Amortization | 326.9M | 345.5M | 383.4M | 402.6M |
Whitbread PLC fundamental ratios Correlations
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Whitbread PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Whitbread PLC at a specified time, usually calculated after every quarter, six months, or one year. Whitbread PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Whitbread PLC 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 Whitbread currently owns. An asset can also be divided into two categories, current and non-current.