Expeditors Interest Income vs Cost Of Revenue Analysis
EXPD Stock | USD 113.30 0.15 0.13% |
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 Interest Income and its Cost Of Revenue 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.
Interest Income vs Cost Of Revenue
Interest Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expeditors International Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Expeditors International's Interest Income and Cost Of Revenue is 0.2. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue 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 Interest Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Expeditors International of are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., Expeditors International's Interest Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Cost Of Revenue
Cost of Revenue is found on Expeditors International income statement and represents the costs associated with goods and services Expeditors International provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 |
Pair Trading with Expeditors International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Expeditors International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Expeditors International will appreciate offsetting losses from the drop in the long position's value.Moving together with Expeditors Stock
0.79 | GXO | GXO Logistics Financial Report 14th of May 2024 | PairCorr |
Moving against Expeditors Stock
0.75 | ZTO | ZTO Express Financial Report 15th of May 2024 | PairCorr |
0.72 | AIRT | Air T Inc | PairCorr |
0.62 | SORT | incjet Holding | PairCorr |
0.58 | AL | Air Lease Earnings Call Next Week | PairCorr |
0.5 | FDX | FedEx Financial Report 18th of June 2024 | PairCorr |
The ability to find closely correlated positions to Expeditors International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expeditors International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Expeditors International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Expeditors International of to buy it.
The correlation of Expeditors International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Expeditors International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expeditors International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Expeditors International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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 (0.22) | Dividend Share 1.38 | Earnings Share 5.01 | Revenue Per Share 62.358 | Quarterly Revenue Growth (0.34) |
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.