MUL Stock | | | 98.50 1.50 1.50% |
Mulberry Group financial indicator trend analysis is infinitely more than just investigating Mulberry Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mulberry Group PLC is a good investment. Please check the relationship between Mulberry Group Net Income and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mulberry 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 bureau of economic analysis.
Net Income vs Operating Income
Net Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mulberry Group PLC Net Income account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Mulberry Group's Net Income and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Mulberry Group PLC, assuming nothing else is changed. The correlation between historical values of Mulberry Group's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Mulberry Group PLC are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Mulberry Group's Net Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Mulberry Group PLC financial statement analysis. It represents the amount of money remaining after all of Mulberry Group PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Operating Income
Operating Income is the amount of profit realized from Mulberry Group PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mulberry Group PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Mulberry Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mulberry 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mulberry 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 bureau of economic analysis.
As of December 2, 2024,
Selling General Administrative is expected to decline to about 72.1
M. In addition to that,
Tax Provision is expected to decline to about 812.6
KMulberry Group fundamental ratios Correlations
Click cells to compare fundamentals
Mulberry Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mulberry Group fundamental ratios Accounts
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Other Information on Investing in Mulberry Stock
Balance Sheet is a snapshot of the
financial position of Mulberry Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Mulberry Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mulberry Group 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 Mulberry currently owns. An asset can also be divided into two categories, current and non-current.