Relx Total Other Income Expense Net vs Income Before Tax Analysis

RELX Stock  USD 45.58  0.31  0.68%   
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 Total Other Income Expense Net and its Income Before Tax 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.

Total Other Income Expense Net vs Income Before Tax

Total Other Income Expense Net vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Relx PLC ADR Total Other Income Expense Net account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Relx PLC's Total Other Income Expense Net and Income Before Tax is -0.54. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax 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 Total Other Income Expense Net and Income Before Tax 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 Other Income Expense Net of Relx PLC ADR are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Other Income Expense Net i.e., Relx PLC's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Other Income Expense Net

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Relx PLC income statement and is an important metric when analyzing Relx PLC ADR profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.
 2021 2022 2023 2024 (projected)
Interest Expense150M205M300M315M
Depreciation And Amortization724M785M717M384.3M

Relx PLC fundamental ratios Correlations

0.820.120.930.860.090.80.50.18-0.170.860.22-0.180.530.870.61-0.040.080.990.940.590.93-0.840.930.950.87
0.820.180.750.70.251.00.54-0.1-0.240.960.26-0.230.390.960.69-0.330.290.810.790.580.83-0.820.790.880.9
0.120.180.130.17-0.470.17-0.30.09-0.160.290.44-0.160.290.230.010.50.50.10.08-0.09-0.050.10.180.110.15
0.930.750.130.720.120.720.370.42-0.160.810.29-0.160.550.750.480.080.130.940.880.80.84-0.740.910.850.71
0.860.70.170.72-0.130.680.53-0.13-0.050.770.28-0.050.390.740.73-0.180.270.790.90.30.79-0.60.760.880.78
0.090.25-0.470.12-0.130.290.470.04-0.330.1-0.54-0.33-0.440.140.26-0.37-0.430.140.020.40.38-0.270.120.190.11
0.81.00.170.720.680.290.59-0.13-0.30.950.21-0.290.360.950.7-0.370.260.80.760.570.83-0.820.770.880.9
0.50.54-0.30.370.530.470.59-0.28-0.270.48-0.32-0.270.050.510.53-0.52-0.090.470.460.30.7-0.560.390.570.58
0.18-0.10.090.42-0.130.04-0.13-0.28-0.020.040.05-0.020.4-0.05-0.470.72-0.170.240.070.440.09-0.110.34-0.04-0.19
-0.17-0.24-0.16-0.16-0.05-0.33-0.3-0.27-0.02-0.190.441.00.32-0.2-0.280.210.31-0.20.1-0.14-0.30.23-0.13-0.3-0.26
0.860.960.290.810.770.10.950.480.04-0.190.38-0.190.540.970.59-0.160.360.850.830.550.83-0.830.890.880.86
0.220.260.440.290.28-0.540.21-0.320.050.440.380.440.60.280.010.20.630.190.370.180.02-0.110.30.140.13
-0.18-0.23-0.16-0.16-0.05-0.33-0.29-0.27-0.021.0-0.190.440.32-0.19-0.280.20.32-0.20.09-0.14-0.310.23-0.13-0.3-0.26
0.530.390.290.550.39-0.440.360.050.40.320.540.60.320.51-0.20.440.30.540.510.310.32-0.50.580.320.42
0.870.960.230.750.740.140.950.51-0.05-0.20.970.28-0.190.510.59-0.190.220.870.810.450.85-0.90.880.880.93
0.610.690.010.480.730.260.70.53-0.47-0.280.590.01-0.28-0.20.59-0.60.170.560.680.330.67-0.420.440.80.69
-0.04-0.330.50.08-0.18-0.37-0.37-0.520.720.21-0.160.20.20.44-0.19-0.6-0.020.0-0.1-0.08-0.230.210.09-0.26-0.28
0.080.290.50.130.27-0.430.26-0.09-0.170.310.360.630.320.30.220.17-0.020.030.270.14-0.040.030.150.10.07
0.990.810.10.940.790.140.80.470.24-0.20.850.19-0.20.540.870.560.00.030.910.630.93-0.860.930.930.86
0.940.790.080.880.90.020.760.460.070.10.830.370.090.510.810.68-0.10.270.910.580.85-0.720.870.910.8
0.590.58-0.090.80.30.40.570.30.44-0.140.550.18-0.140.310.450.33-0.080.140.630.580.58-0.480.580.550.39
0.930.83-0.050.840.790.380.830.70.09-0.30.830.02-0.310.320.850.67-0.23-0.040.930.850.58-0.870.880.940.84
-0.84-0.820.1-0.74-0.6-0.27-0.82-0.56-0.110.23-0.83-0.110.23-0.5-0.9-0.420.210.03-0.86-0.72-0.48-0.87-0.86-0.8-0.83
0.930.790.180.910.760.120.770.390.34-0.130.890.3-0.130.580.880.440.090.150.930.870.580.88-0.860.850.74
0.950.880.110.850.880.190.880.57-0.04-0.30.880.14-0.30.320.880.8-0.260.10.930.910.550.94-0.80.850.92
0.870.90.150.710.780.110.90.58-0.19-0.260.860.13-0.260.420.930.69-0.280.070.860.80.390.84-0.830.740.92
Click cells to compare fundamentals

Relx PLC Account Relationship Matchups

Relx PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8B14.1B13.9B15.8B14.9B7.6B
Short Long Term Debt Total6.4B7.1B6.2B6.7B6.5B6.8B
Other Current Liab(1.7B)1.3B1.3B1.6B3.8B4.0B
Total Current Liabilities5.9B4.4B3.7B5.2B5.5B2.8B
Total Stockholder Equity2.2B2.1B3.2B3.8B3.5B1.9B
Property Plant And Equipment Net444M378M292M271M212M283.5M
Net Debt6.3B7.0B6.1B6.4B6.3B6.7B
Accounts Payable3.5B154M109M129M171M162.5M
Cash138M88M113M334M155M239.5M
Non Current Assets Total11.3B11.9B11.5B12.8B12.0B12.6B
Non Currrent Assets Other45M47M46M129M295M309.8M
Cash And Short Term Investments138M88M113M334M155M248.9M
Common Stock Shares Outstanding2.0B1.9B1.9B1.9B1.9B2.0B
Liabilities And Stockholders Equity13.8B14.1B13.9B15.8B14.9B7.6B
Non Current Liabilities Total5.7B7.7B6.9B6.9B6.0B6.3B
Inventory217M240M253M309M318M200.8M
Other Current Assets23M270M357M346M372M353.4M
Other Stockholder Equity609M572M615M1.1B3.2B3.3B
Total Liab11.6B12.0B10.6B12.1B11.5B5.7B
Total Current Assets2.4B2.3B2.4B3.1B2.9B1.8B
Short Term Debt2.1B847M232M870M1.3B726.5M
Short Term Investments(89M)(165M)(71M)(16M)48M45.6M
Intangible Assets3.5B3.4B3.3B3.5B3.2B2.9B
Good Will6.8B7.2B7.4B8.4B8.0B4.6B
Long Term Debt4.1B6.1B5.8B5.7B5.1B3.6B
Net Receivables2.1B1.9B2.0B2.4B2.0B2.1B
Property Plant And Equipment Gross180M378M292M271M620M651M
Current Deferred Revenue2.1B1.9B2.0B2.4B2.3B2.4B
Accumulated Other Comprehensive Income1.3B1.2B2.3B2.4B2.2B1.1B
Other Liab1.3B1.4B939M1.0B925.2M1.3B
Net Tangible Assets(8.1B)(8.6B)(7.4B)(8.1B)(7.3B)(7.7B)
Other Assets3.0B482M327M291M334.7M317.9M
Short Long Term Debt2.0B755M163M803M1.3B927.8M
Property Plant Equipment444M378M292M271M311.7M392.6M

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