RELX Stock | | | USD 46.81 0.24 0.52% |
Relx PLC financial indicator trend analysis is much more than just breaking down Relx PLC ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Relx PLC ADR is a good investment. Please check the relationship between Relx PLC Capital Surpluse and its Accounts Payable accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Relx 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 bureau of economic analysis.
Capital Surpluse vs Accounts Payable
Capital Surpluse vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Relx PLC ADR Capital Surpluse account and
Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Relx PLC's Capital Surpluse and Accounts Payable is 0.46. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Relx PLC ADR, assuming nothing else is changed. The correlation between historical values of Relx PLC's Capital Surpluse and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Relx PLC ADR are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Surpluse i.e., Relx PLC's Capital Surpluse and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Surpluse
Accounts Payable
An accounting item on the balance sheet that represents Relx PLC obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Relx PLC ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Relx PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Relx 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Relx 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 bureau of economic analysis.
At this time, Relx PLC's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 21.90 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
B in 2024.
Relx PLC fundamental ratios Correlations
Click cells to compare fundamentals
Relx PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Relx PLC fundamental ratios Accounts
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measure Relx 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 Relx PLC is operating at the current time. Most of Relx PLC's value examination focuses on studying past and present price action to
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