Expeditors Asset Turnover vs Gross Profit Margin Analysis
EXPD Stock | USD 117.96 1.27 1.09% |
Expeditors International financial indicator trend analysis is much more than just examining Expeditors International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expeditors International is a good investment. Please check the relationship between Expeditors International Asset Turnover and its Gross Profit Margin accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expeditors International of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Asset Turnover vs Gross Profit Margin
Asset Turnover vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expeditors International Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between Expeditors International's Asset Turnover and Gross Profit Margin is 0.21. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Expeditors International of, assuming nothing else is changed. The correlation between historical values of Expeditors International's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Expeditors International of are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., Expeditors International's Asset Turnover and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Gross Profit Margin
Most indicators from Expeditors International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expeditors International 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expeditors International of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At present, Expeditors International's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 105.6 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.06.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 2.2B | 1.5B | 823.4M | Total Revenue | 16.5B | 17.1B | 9.3B | 9.8B |
Expeditors International fundamental ratios Correlations
Click cells to compare fundamentals
Expeditors International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Expeditors International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.7B | 4.9B | 7.6B | 5.6B | 4.5B | 4.7B | |
Other Current Liab | 213.1M | 302.5M | 489.8M | 526.3M | 462.9M | 486.0M | |
Total Current Liabilities | 1.2B | 1.9B | 3.7B | 2.1B | 1.7B | 1.8B | |
Total Stockholder Equity | 2.2B | 2.7B | 3.5B | 3.1B | 2.4B | 2.5B | |
Property Plant And Equipment Net | 889.4M | 939.1M | 947.0M | 1.0B | 995.5M | 1.0B | |
Net Debt | (838.8M) | (1.1B) | (1.3B) | (1.5B) | (985.2M) | (935.9M) | |
Retained Earnings | 2.3B | 2.6B | 3.6B | 3.3B | 2.6B | 2.7B | |
Cash | 1.2B | 1.5B | 1.7B | 2.0B | 1.5B | 1.6B | |
Non Current Assets Total | 922.0M | 964.0M | 974.9M | 1.1B | 1.3B | 1.4B | |
Non Currrent Assets Other | 16.6M | 16.9M | 19.2M | 17.6M | 240.3M | 252.3M | |
Cash And Short Term Investments | 1.2B | 1.5B | 1.7B | 2.0B | 1.5B | 1.6B | |
Net Receivables | 1.3B | 2.0B | 3.8B | 2.1B | 1.5B | 816.4M | |
Common Stock Shares Outstanding | 174.2M | 170.9M | 171.3M | 164.4M | 150.2M | 156.3M | |
Liabilities And Stockholders Equity | 3.7B | 4.9B | 7.6B | 5.6B | 4.5B | 4.7B | |
Non Current Liabilities Total | 326.3M | 371.2M | 385.6M | 422.8M | 428.0M | 449.4M | |
Other Current Assets | 92.6M | 110.3M | 108.8M | 118.7M | 170.9M | 179.5M | |
Other Stockholder Equity | 3.2M | 157.5M | 3.2M | 139K | 159.9K | 151.9K | |
Total Liab | 1.5B | 2.3B | 4.1B | 2.5B | 2.1B | 2.2B | |
Total Current Assets | 2.8B | 4.0B | 6.6B | 4.5B | 3.2B | 3.4B | |
Short Term Debt | 65.4M | 74.0M | 82.0M | 95.6M | 99.7M | 104.7M | |
Accounts Payable | 735.7M | 1.1B | 2.0B | 1.1B | 860.9M | 540.4M | |
Current Deferred Revenue | 154.2M | 379.7M | 1.1B | 323.1M | 280.9M | 320.3M | |
Inventory | 131.8M | 327.4M | 987.3M | 257.5M | 296.2M | 311.0M | |
Accumulated Other Comprehensive Income | (131.2M) | (99.8M) | (130.4M) | (202.6M) | (192.1M) | (182.5M) | |
Common Stock | 1.7M | 1.7M | 1.7M | 1.5M | 1.4M | 1.5M | |
Common Stock Total Equity | 1.7M | 1.7M | 1.7M | 1.5M | 1.8M | 1.5M | |
Property Plant And Equipment Gross | 889.4M | 939.1M | 947.0M | 1.0B | 1.6B | 1.7B | |
Other Assets | 24.7M | 449.6M | 19.9M | 55.1M | 63.3M | 57.1M | |
Property Plant Equipment | 499.3M | 506.4M | 947.0M | 501.9M | 577.2M | 501.0M | |
Net Tangible Assets | 2.5B | 3.0B | 3.5B | 3.5B | 4.1B | 2.5B | |
Noncontrolling Interest In Consolidated Entity | 2.2M | 3.6M | 3.6M | 3.5M | 3.2M | 2.9M | |
Retained Earnings Total Equity | 2.3B | 2.6B | 3.6B | 3.3B | 3.8B | 2.3B | |
Capital Surpluse | 3.2M | 157.5M | 3.2M | 139K | 159.9K | 151.9K |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expeditors International of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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When running Expeditors International's price analysis, check to measure Expeditors International'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 Expeditors International is operating at the current time. Most of Expeditors International's value examination focuses on studying past and present price action to predict the probability of Expeditors International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expeditors International's price. Additionally, you may evaluate how the addition of Expeditors International to your portfolios can decrease your overall portfolio volatility.
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Is Expeditors International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Expeditors International. If investors know Expeditors will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Expeditors International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 1.38 | Earnings Share 4.73 | Revenue Per Share 60.89 | Quarterly Revenue Growth (0.15) |
The market value of Expeditors International is measured differently than its book value, which is the value of Expeditors that is recorded on the company's balance sheet. Investors also form their own opinion of Expeditors International's value that differs from its market value or its book value, called intrinsic value, which is Expeditors International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Expeditors International's market value can be influenced by many factors that don't directly affect Expeditors International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Expeditors International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expeditors International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expeditors International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.