AstraZeneca Total Operating Expenses vs Other Operating Expenses Analysis

AZN Stock   10,468  100.00  0.95%   
AstraZeneca PLC financial indicator trend analysis is way more than just evaluating AstraZeneca PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AstraZeneca PLC is a good investment. Please check the relationship between AstraZeneca PLC Total Operating Expenses and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca 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 Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AstraZeneca PLC Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between AstraZeneca PLC's Total Operating Expenses and Other Operating Expenses is 0.77. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of AstraZeneca PLC, assuming nothing else is changed. The correlation between historical values of AstraZeneca PLC's Total Operating Expenses and Other Operating Expenses 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 Operating Expenses of AstraZeneca PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., AstraZeneca PLC's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AstraZeneca PLC. It is also known as AstraZeneca PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from AstraZeneca PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AstraZeneca 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca 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 984.9 M, whereas Selling General Administrative is forecasted to decline to about 187.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.3B1.6B1.7B
Depreciation And Amortization4.1B5.3B4.9B5.2B

AstraZeneca PLC fundamental ratios Correlations

0.940.910.950.90.830.360.85-0.240.040.330.990.480.180.70.9-0.360.850.840.20.960.820.690.830.920.33
0.940.930.880.770.840.550.97-0.52-0.160.090.970.3-0.080.490.77-0.490.90.890.010.960.80.530.820.90.25
0.910.930.910.720.790.490.87-0.4-0.30.180.930.37-0.050.460.76-0.620.840.77-0.070.940.850.460.80.930.2
0.950.880.910.870.770.40.78-0.180.090.340.930.630.220.760.9-0.310.720.710.240.90.90.640.90.890.23
0.90.770.720.870.630.30.65-0.030.240.410.850.570.310.870.83-0.220.550.750.450.740.760.760.80.750.15
0.830.840.790.770.630.420.76-0.380.00.370.830.20.20.460.85-0.260.850.750.130.880.580.750.640.840.56
0.360.550.490.40.30.420.58-0.69-0.21-0.160.36-0.04-0.260.170.2-0.370.310.580.050.380.470.190.440.42-0.09
0.850.970.870.780.650.760.58-0.67-0.25-0.150.90.22-0.310.340.63-0.530.860.86-0.120.890.760.340.780.810.11
-0.24-0.52-0.4-0.18-0.03-0.38-0.69-0.670.510.56-0.340.370.710.290.00.55-0.45-0.510.53-0.36-0.230.15-0.37-0.310.1
0.04-0.16-0.30.090.240.0-0.21-0.250.510.38-0.080.490.660.610.270.82-0.23-0.10.7-0.10.020.450.03-0.120.19
0.330.090.180.340.410.37-0.16-0.150.560.380.220.230.920.560.570.180.150.080.50.250.060.770.110.340.64
0.990.970.930.930.850.830.360.9-0.34-0.080.220.420.050.590.86-0.440.890.840.080.970.810.60.840.910.3
0.480.30.370.630.570.2-0.040.220.370.490.230.420.350.750.530.230.120.170.430.360.730.350.510.37-0.18
0.18-0.08-0.050.220.310.2-0.26-0.310.710.660.920.050.350.60.490.54-0.03-0.090.660.08-0.020.690.010.140.6
0.70.490.460.760.870.460.170.340.290.610.560.590.750.60.790.190.260.430.710.510.660.770.660.520.18
0.90.770.760.90.830.850.20.630.00.270.570.860.530.490.79-0.060.710.60.40.850.670.830.770.790.54
-0.36-0.49-0.62-0.31-0.22-0.26-0.37-0.530.550.820.18-0.440.230.540.19-0.06-0.44-0.450.54-0.42-0.360.1-0.31-0.460.22
0.850.90.840.720.550.850.310.86-0.45-0.230.150.890.12-0.030.260.71-0.440.8-0.150.950.570.460.580.860.5
0.840.890.770.710.750.750.580.86-0.51-0.10.080.840.17-0.090.430.6-0.450.80.080.820.660.560.610.830.2
0.20.01-0.070.240.450.130.05-0.120.530.70.50.080.430.660.710.40.54-0.150.080.010.190.590.14-0.010.15
0.960.960.940.90.740.880.380.89-0.36-0.10.250.970.360.080.510.85-0.420.950.820.010.770.580.770.940.41
0.820.80.850.90.760.580.470.76-0.230.020.060.810.73-0.020.660.67-0.360.570.660.190.770.40.80.75-0.15
0.690.530.460.640.760.750.190.340.150.450.770.60.350.690.770.830.10.460.560.590.580.40.480.620.56
0.830.820.80.90.80.640.440.78-0.370.030.110.840.510.010.660.77-0.310.580.610.140.770.80.480.730.08
0.920.90.930.890.750.840.420.81-0.31-0.120.340.910.370.140.520.79-0.460.860.83-0.010.940.750.620.730.38
0.330.250.20.230.150.56-0.090.110.10.190.640.3-0.180.60.180.540.220.50.20.150.41-0.150.560.080.38
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AstraZeneca PLC Account Relationship Matchups

AstraZeneca PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.4B66.7B105.4B96.5B101.1B106.2B
Short Long Term Debt Total18.2B20.4B30.8B29.2B28.6B30.1B
Other Current Liab12.9B14.4B16.0B16.3B19.8B20.8B
Total Current Liabilities18.1B20.3B22.6B26.3B30.5B32.1B
Total Stockholder Equity13.1B15.6B39.3B37.0B39.1B41.1B
Property Plant And Equipment Net8.3B8.9B10.2B9.4B10.5B6.8B
Net Debt12.9B12.5B24.5B23.1B22.8B23.9B
Retained Earnings2.8B5.3B1.7B(574M)4.5B8.5B
Accounts Payable1.8B2.4B2.8B2.6B3.3B2.8B
Cash5.4B7.8B6.3B6.2B5.8B4.7B
Non Current Assets Total45.8B47.2B79.1B73.9B76.1B79.9B
Non Currrent Assets Other1.7B1.1B1.1B1.1B5.6B5.9B
Cash And Short Term Investments6.2B8.0B6.4B6.4B5.9B5.8B
Net Receivables3.6B3.8B6.0B7.2B8.4B8.8B
Common Stock Shares Outstanding1.3B1.3B1.4B1.6B1.6B1.4B
Liabilities And Stockholders Equity61.4B66.7B105.4B96.5B101.1B106.2B
Non Current Liabilities Total28.7B30.8B43.5B33.1B31.4B33.0B
Inventory3.2B4.0B9.0B4.7B5.4B5.7B
Other Current Assets2.6B3.7B4.8B4.4B5.4B5.2B
Total Liab46.8B51.1B66.1B59.4B62.0B65.1B
Property Plant And Equipment Gross8.3B8.9B10.2B9.4B19.1B20.1B
Total Current Assets15.6B19.5B26.2B22.6B25.1B15.3B
Short Term Debt2.0B2.4B2.9B6.5B5.4B5.7B
Other Assets3.5B4.3B5.3B4.2B4.8B5.0B
Other Stockholder Equity7.8B8.0B35.1B33.5B33.3B35.0B
Accumulated Other Comprehensive Income(143M)881M111M(1.6B)(949M)(996.5M)
Intangible Assets20.8B20.9B42.4B39.3B38.1B40.0B
Other Liab10.3B10.5B13.0B8.5B9.8B6.7B
Long Term Debt15.7B17.5B28.1B23.0B22.4B11.3B
Good Will11.7B11.8B20.0B19.8B20.0B21.1B
Property Plant Equipment8.3B8.9B10.2B9.4B10.9B7.9B
Net Tangible Assets(19.4B)(17.2B)(23.1B)(22.1B)(19.9B)(20.9B)
Short Long Term Debt1.8B2.2B1.7B5.3B5.1B5.4B
Capital Surpluse4.4B4.4B7.9B8.0B9.2B6.4B

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Other Information on Investing in AstraZeneca Stock

Balance Sheet is a snapshot of the financial position of AstraZeneca PLC at a specified time, usually calculated after every quarter, six months, or one year. AstraZeneca PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AstraZeneca 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 AstraZeneca currently owns. An asset can also be divided into two categories, current and non-current.