RR Stock | | | 575.40 1.60 0.28% |
Rolls Royce financial indicator trend analysis is much more than just breaking down Rolls Royce Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rolls Royce Holdings is a good investment. Please check the relationship between Rolls Royce Other Operating Expenses and its Net Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rolls Royce Holdings 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 Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rolls Royce Holdings Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rolls Royce's Other Operating Expenses and Net Income is -0.25. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Rolls Royce Holdings PLC, assuming nothing else is changed. The correlation between historical values of Rolls Royce's Other Operating Expenses and Net 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 Other Operating Expenses of Rolls Royce Holdings PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Rolls Royce's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rolls Royce Holdings. It is also known as Rolls Royce 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Rolls Royce Holdings financial statement analysis. It represents the amount of money remaining after all of Rolls Royce Holdings PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Rolls Royce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rolls Royce Holdings 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 Rolls Royce Holdings 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.
At present, Rolls Royce's
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Rolls Royce fundamental ratios Correlations
Click cells to compare fundamentals
Rolls Royce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rolls Royce fundamental ratios Accounts
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Other Information on Investing in Rolls Stock
Balance Sheet is a snapshot of the
financial position of Rolls Royce Holdings at a specified time, usually calculated after every quarter, six months, or one year. Rolls Royce Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rolls Royce 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 Rolls currently owns. An asset can also be divided into two categories, current and non-current.