EPlus Net Interest Income vs Depreciation And Amortization Analysis

PLUS Stock  USD 79.40  0.13  0.16%   
EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Net Interest Income and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Net Interest Income vs Depreciation And Amortization

Net Interest Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Net Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between EPlus' Net Interest Income and Depreciation And Amortization is -0.64. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Net Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of ePlus inc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Interest Income i.e., EPlus' Net Interest Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus inc 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 ePlus inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 388.5 M in 2024, whereas Tax Provision is likely to drop slightly above 36.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit461.0M517.5M595.2M624.9M
Total Revenue1.8B2.1B2.4B2.5B

EPlus fundamental ratios Correlations

0.610.920.991.00.040.180.980.930.590.8-0.370.590.990.050.80.930.540.891.00.591.00.850.87-0.630.94
0.610.730.660.580.180.70.590.370.830.65-0.20.820.670.320.350.380.190.460.640.30.620.190.2-0.640.58
0.920.730.930.920.280.230.90.770.750.85-0.360.740.930.090.720.760.480.840.920.590.920.750.71-0.660.92
0.990.660.930.98-0.010.220.960.920.650.79-0.40.640.990.090.730.90.510.881.00.510.990.790.82-0.670.92
1.00.580.920.980.060.160.990.930.570.8-0.350.570.990.030.810.940.550.880.990.610.990.870.89-0.620.94
0.040.180.28-0.010.060.070.06-0.130.210.250.060.210.060.310.3-0.070.430.060.010.660.010.16-0.01-0.230.07
0.180.70.230.220.160.070.21-0.060.20.18-0.20.180.270.20.080.020.07-0.010.210.10.19-0.13-0.11-0.280.19
0.980.590.90.960.990.060.210.910.550.79-0.30.550.990.070.830.90.510.80.970.620.980.840.87-0.610.92
0.930.370.770.920.93-0.13-0.060.910.440.7-0.390.440.90.050.780.920.530.840.930.460.930.870.91-0.560.82
0.590.830.750.650.570.210.20.550.440.72-0.071.00.620.320.340.380.110.550.620.260.60.250.23-0.640.56
0.80.650.850.790.80.250.180.790.70.72-0.370.730.820.230.680.590.250.70.790.40.760.690.59-0.730.87
-0.37-0.2-0.36-0.4-0.350.06-0.2-0.3-0.39-0.07-0.37-0.07-0.350.15-0.13-0.34-0.42-0.46-0.39-0.04-0.35-0.45-0.330.37-0.45
0.590.820.740.640.570.210.180.550.441.00.73-0.070.620.340.340.380.110.540.610.250.60.250.23-0.650.56
0.990.670.930.990.990.060.270.990.90.620.82-0.350.620.110.790.890.50.840.990.570.990.810.83-0.670.94
0.050.320.090.090.030.310.20.070.050.320.230.150.340.110.11-0.140.07-0.080.080.150.04-0.09-0.2-0.69-0.09
0.80.350.720.730.810.30.080.830.780.340.68-0.130.340.790.110.760.570.640.770.720.780.840.85-0.40.73
0.930.380.760.90.94-0.070.020.90.920.380.59-0.340.380.89-0.140.760.640.890.910.610.940.870.95-0.430.82
0.540.190.480.510.550.430.070.510.530.110.25-0.420.110.50.070.570.640.580.530.820.550.670.63-0.370.38
0.890.460.840.880.880.06-0.010.80.840.550.7-0.460.540.84-0.080.640.890.580.880.510.890.820.81-0.550.86
1.00.640.921.00.990.010.210.970.930.620.79-0.390.610.990.080.770.910.530.880.550.990.820.85-0.650.92
0.590.30.590.510.610.660.10.620.460.260.4-0.040.250.570.150.720.610.820.510.550.590.660.63-0.370.47
1.00.620.920.990.990.010.190.980.930.60.76-0.350.60.990.040.780.940.550.890.990.590.830.87-0.620.92
0.850.190.750.790.870.16-0.130.840.870.250.69-0.450.250.81-0.090.840.870.670.820.820.660.830.95-0.460.83
0.870.20.710.820.89-0.01-0.110.870.910.230.59-0.330.230.83-0.20.850.950.630.810.850.630.870.95-0.320.8
-0.63-0.64-0.66-0.67-0.62-0.23-0.28-0.61-0.56-0.64-0.730.37-0.65-0.67-0.69-0.4-0.43-0.37-0.55-0.65-0.37-0.62-0.46-0.32-0.57
0.940.580.920.920.940.070.190.920.820.560.87-0.450.560.94-0.090.730.820.380.860.920.470.920.830.8-0.57
Click cells to compare fundamentals

EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets909.1M1.1B1.2B1.4B1.6B1.7B
Short Long Term Debt Total200.2M172.8M175.5M175.0M201.2M135.7M
Other Current Liab53.9M66.9M67.7M61.7M71.0M74.5M
Total Current Liabilities386.6M459.4M460.0M561.3M645.5M677.8M
Total Stockholder Equity486.1M562.4M660.7M782.3M899.6M944.6M
Property Plant And Equipment Net32.6M42.3M45.6M16.6M19.1M15.0M
Net Debt113.9M43.3M20.1M71.9M64.7M51.0M
Retained Earnings410.2M484.6M507.8M627.2M721.3M757.3M
Accounts Payable82.9M165.2M136.2M220.2M253.2M265.8M
Cash86.2M129.6M155.4M103.1M118.6M65.6M
Non Current Assets Total259.3M299.2M268.7M261.2M300.4M204.3M
Non Currrent Assets Other(13.1M)7.1M64.3M(4.7M)(4.2M)(4.0M)
Cash And Short Term Investments86.2M129.6M155.4M103.1M118.6M66.0M
Net Receivables481.7M538.9M540.5M649.5M746.9M784.2M
Common Stock Shares Outstanding26.8M26.8M26.9M26.7M24.0M24.8M
Liabilities And Stockholders Equity909.1M1.1B1.2B1.4B1.6B1.7B
Non Current Liabilities Total36.3M55.0M45.4M71.2M64.1M60.8M
Inventory50.3M70.0M155.1M243.3M279.8M293.8M
Other Current Assets9.3M11.0M13.9M55.1M63.4M66.5M
Other Stockholder Equity76.8M77.0M152.7M153.2M176.2M185.0M
Total Liab423.0M514.4M505.5M632.6M727.4M763.8M
Property Plant And Equipment Gross30.3M27.0M60.5M59.2M68.1M71.5M
Total Current Assets649.8M777.6M897.5M1.1B1.3B1.3B
Accumulated Other Comprehensive Income(991K)655K(124K)1.6M1.8M1.9M
Other Liab22.1M31.6M32.2M49.7M57.2M60.0M
Other Assets12.4M27.6M30.8M58.5M67.3M70.7M
Long Term Debt5.9M18.3M9.9M9.5M8.6M8.1M
Good Will118.1M126.6M126.5M136.1M156.5M164.3M
Common Stock Total Equity144K145K270K272K312.8K328.4K
Intangible Assets34.5M38.6M27.3M25.0M28.8M23.5M
Common Stock144K145K270K272K312.8K328.4K
Property Plant Equipment20.2M16.2M14.8M26.5M23.9M16.4M
Treasury Stock(68.4M)(75.4M)(6.7M)(14.1M)(12.7M)(13.3M)
Current Deferred Revenue55.5M72.8M86.5M114.0M131.1M137.7M
Short Term Debt194.3M154.5M169.7M165.4M148.9M141.4M
Net Tangible Assets333.6M397.2M660.7M782.3M899.6M944.6M
Capital Surpluse145.2M152.4M159.5M167.3M192.4M144.3M
Deferred Long Term Liab8.9M11.0M19.1M715K822.3K781.1K
Non Current Liabilities Other2.7M5.3M35.5M61.0M70.1M73.7M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EPlus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EPlus' short interest history, or implied volatility extrapolated from EPlus options trading.

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When determining whether ePlus inc is a strong investment it is important to analyze EPlus' 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 EPlus' future performance. For an informed investment choice regarding EPlus Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running EPlus' price analysis, check to measure EPlus' 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 EPlus is operating at the current time. Most of EPlus' value examination focuses on studying past and present price action to predict the probability of EPlus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPlus' price. Additionally, you may evaluate how the addition of EPlus to your portfolios can decrease your overall portfolio volatility.
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Is EPlus' 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 EPlus. If investors know EPlus 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 EPlus 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
(0.24)
Earnings Share
4.76
Revenue Per Share
81.326
Quarterly Revenue Growth
(0.18)
Return On Assets
0.0684
The market value of ePlus inc is measured differently than its book value, which is the value of EPlus that is recorded on the company's balance sheet. Investors also form their own opinion of EPlus' value that differs from its market value or its book value, called intrinsic value, which is EPlus' 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 EPlus' market value can be influenced by many factors that don't directly affect EPlus' 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 EPlus' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPlus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPlus' 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.