Expeditors Non Current Liabilities Total vs Asset Turnover Analysis

EXPD Stock  USD 117.20  0.52  0.44%   
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 Non Current Liabilities Total and its Asset Turnover 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.

Non Current Liabilities Total vs Asset Turnover

Non Current Liabilities Total vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expeditors International Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Expeditors International's Non Current Liabilities Total and Asset Turnover is 0.08. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover 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 Non Current Liabilities Total and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Expeditors International of are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Non Current Liabilities Total i.e., Expeditors International's Non Current Liabilities Total and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
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 Profit2.2B2.2B1.5B823.4M
Total Revenue16.5B17.1B9.3B9.8B

Expeditors International fundamental ratios Correlations

0.780.890.970.960.88-0.660.960.890.790.220.880.89-0.180.790.730.190.980.990.80.50.890.850.860.330.36
0.780.830.630.880.88-0.780.890.880.880.50.880.530.080.620.810.050.660.710.690.630.560.430.410.650.71
0.890.830.830.860.9-0.590.890.880.90.530.880.65-0.350.850.880.020.870.840.90.440.650.640.710.180.26
0.970.630.830.870.76-0.510.880.750.680.170.750.93-0.280.730.650.160.990.980.730.420.920.930.950.180.2
0.960.880.860.870.89-0.831.00.950.790.180.950.830.030.70.690.180.880.940.730.570.850.730.70.550.57
0.880.880.90.760.89-0.60.90.910.970.470.910.6-0.250.910.90.230.820.80.930.520.610.540.620.340.4
-0.66-0.78-0.59-0.51-0.83-0.6-0.8-0.85-0.50.02-0.85-0.56-0.48-0.32-0.36-0.07-0.5-0.66-0.35-0.46-0.6-0.41-0.28-0.79-0.79
0.960.890.890.881.00.9-0.80.950.820.230.950.82-0.030.730.730.120.890.940.760.580.830.720.70.510.54
0.890.880.880.750.950.91-0.850.950.840.281.00.650.00.770.740.170.790.840.790.450.670.570.570.490.53
0.790.880.90.680.790.97-0.50.820.840.670.840.47-0.330.90.970.140.750.70.940.470.480.450.560.260.35
0.220.50.530.170.180.470.020.230.280.670.28-0.13-0.390.490.76-0.170.240.090.570.13-0.120.020.15-0.050.08
0.880.880.880.750.950.91-0.850.951.00.840.280.650.010.770.740.170.790.840.790.460.670.570.570.490.54
0.890.530.650.930.830.6-0.560.820.650.47-0.130.65-0.090.510.410.180.890.940.510.511.00.910.860.290.3
-0.180.08-0.35-0.280.03-0.25-0.48-0.030.0-0.33-0.390.01-0.09-0.55-0.47-0.08-0.34-0.14-0.550.05-0.03-0.14-0.390.780.71
0.790.620.850.730.70.91-0.320.730.770.90.490.770.51-0.550.880.260.810.710.990.270.490.530.69-0.070.0
0.730.810.880.650.690.9-0.360.730.740.970.760.740.41-0.470.880.120.720.630.930.430.420.410.550.110.22
0.190.050.020.160.180.23-0.070.120.170.14-0.170.170.18-0.080.260.120.190.190.190.050.20.110.160.020.01
0.980.660.870.990.880.82-0.50.890.790.750.240.790.89-0.340.810.720.190.970.810.410.880.90.940.140.17
0.990.710.840.980.940.8-0.660.940.840.70.090.840.94-0.140.710.630.190.970.720.470.940.90.880.320.34
0.80.690.90.730.730.93-0.350.760.790.940.570.790.51-0.550.990.930.190.810.720.320.490.510.67-0.030.05
0.50.630.440.420.570.52-0.460.580.450.470.130.460.510.050.270.430.050.410.470.320.530.270.230.50.54
0.890.560.650.920.850.61-0.60.830.670.48-0.120.671.0-0.030.490.420.20.880.940.490.530.90.840.360.36
0.850.430.640.930.730.54-0.410.720.570.450.020.570.91-0.140.530.410.110.90.90.510.270.90.950.150.15
0.860.410.710.950.70.62-0.280.70.570.560.150.570.86-0.390.690.550.160.940.880.670.230.840.95-0.05-0.02
0.330.650.180.180.550.34-0.790.510.490.26-0.050.490.290.78-0.070.110.020.140.32-0.030.50.360.15-0.050.98
0.360.710.260.20.570.4-0.790.540.530.350.080.540.30.710.00.220.010.170.340.050.540.360.15-0.020.98
Click cells to compare fundamentals

Expeditors International Account Relationship Matchups

Expeditors International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.9B7.6B5.6B4.5B4.7B
Other Current Liab213.1M302.5M489.8M526.3M462.9M486.0M
Total Current Liabilities1.2B1.9B3.7B2.1B1.7B1.8B
Total Stockholder Equity2.2B2.7B3.5B3.1B2.4B2.5B
Property Plant And Equipment Net889.4M939.1M947.0M1.0B995.5M1.0B
Net Debt(838.8M)(1.1B)(1.3B)(1.5B)(985.2M)(935.9M)
Retained Earnings2.3B2.6B3.6B3.3B2.6B2.7B
Cash1.2B1.5B1.7B2.0B1.5B1.6B
Non Current Assets Total922.0M964.0M974.9M1.1B1.3B1.4B
Non Currrent Assets Other16.6M16.9M19.2M17.6M240.3M252.3M
Cash And Short Term Investments1.2B1.5B1.7B2.0B1.5B1.6B
Net Receivables1.3B2.0B3.8B2.1B1.5B816.4M
Common Stock Shares Outstanding174.2M170.9M171.3M164.4M150.2M156.3M
Liabilities And Stockholders Equity3.7B4.9B7.6B5.6B4.5B4.7B
Non Current Liabilities Total326.3M371.2M385.6M422.8M428.0M449.4M
Other Current Assets92.6M110.3M108.8M118.7M170.9M179.5M
Other Stockholder Equity3.2M157.5M3.2M139K159.9K151.9K
Total Liab1.5B2.3B4.1B2.5B2.1B2.2B
Total Current Assets2.8B4.0B6.6B4.5B3.2B3.4B
Short Term Debt65.4M74.0M82.0M95.6M99.7M104.7M
Accounts Payable735.7M1.1B2.0B1.1B860.9M540.4M
Current Deferred Revenue154.2M379.7M1.1B323.1M280.9M320.3M
Inventory131.8M327.4M987.3M257.5M296.2M311.0M
Accumulated Other Comprehensive Income(131.2M)(99.8M)(130.4M)(202.6M)(192.1M)(182.5M)
Common Stock1.7M1.7M1.7M1.5M1.4M1.5M
Common Stock Total Equity1.7M1.7M1.7M1.5M1.8M1.5M
Property Plant And Equipment Gross889.4M939.1M947.0M1.0B1.6B1.7B
Other Assets24.7M449.6M19.9M55.1M63.3M57.1M
Property Plant Equipment499.3M506.4M947.0M501.9M577.2M501.0M
Net Tangible Assets2.5B3.0B3.5B3.5B4.1B2.5B
Noncontrolling Interest In Consolidated Entity2.2M3.6M3.6M3.5M3.2M2.9M
Retained Earnings Total Equity2.3B2.6B3.6B3.3B3.8B2.3B
Capital Surpluse3.2M157.5M3.2M139K159.9K151.9K

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When determining whether Expeditors International is a strong investment it is important to analyze Expeditors International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Expeditors International's future performance. For an informed investment choice regarding Expeditors Stock, refer to the following important reports:
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.