BA Stock | | | 1,214 16.50 1.38% |
BAE Systems financial indicator trend analysis is way more than just evaluating BAE Systems plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAE Systems plc is a good investment. Please check the relationship between BAE Systems Other Operating Expenses and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BAE Systems 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.
Other Operating Expenses vs Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BAE Systems plc Other Operating Expenses account and
Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between BAE Systems' Other Operating Expenses and Total Operating Expenses is 0.21. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of BAE Systems plc, assuming nothing else is changed. The correlation between historical values of BAE Systems' Other Operating Expenses and Total 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 Other Operating Expenses of BAE Systems plc are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., BAE Systems' Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BAE Systems plc. It is also known as BAE Systems 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.
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.
Most indicators from BAE Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAE Systems 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 BAE Systems 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
Issuance Of Capital Stock is expected to grow to about 32.6
M, whereas
Selling General Administrative is forecasted to decline to about 5.7
B.
BAE Systems fundamental ratios Correlations
Click cells to compare fundamentals
BAE Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BAE Systems fundamental ratios Accounts
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Other Information on Investing in BAE Stock
Balance Sheet is a snapshot of the
financial position of BAE Systems plc at a specified time, usually calculated after every quarter, six months, or one year. BAE Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BAE Systems 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 BAE currently owns. An asset can also be divided into two categories, current and non-current.