EPlus Operating Income vs Total Other Income Expense Net 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 Operating Income and its Total Other Income Expense Net 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.
Operating Income vs Total Other Income Expense Net
Operating Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EPlus' Operating Income and Total Other Income Expense Net is -0.37. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ePlus inc are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., EPlus' Operating Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from ePlus inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ePlus inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Other Income Expense Net
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 Profit | 461.0M | 517.5M | 595.2M | 624.9M | Total Revenue | 1.8B | 2.1B | 2.4B | 2.5B |
EPlus fundamental ratios Correlations
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EPlus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EPlus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 909.1M | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | |
Short Long Term Debt Total | 200.2M | 172.8M | 175.5M | 175.0M | 201.2M | 135.7M | |
Other Current Liab | 53.9M | 66.9M | 67.7M | 61.7M | 71.0M | 74.5M | |
Total Current Liabilities | 386.6M | 459.4M | 460.0M | 561.3M | 645.5M | 677.8M | |
Total Stockholder Equity | 486.1M | 562.4M | 660.7M | 782.3M | 899.6M | 944.6M | |
Property Plant And Equipment Net | 32.6M | 42.3M | 45.6M | 16.6M | 19.1M | 15.0M | |
Net Debt | 113.9M | 43.3M | 20.1M | 71.9M | 64.7M | 51.0M | |
Retained Earnings | 410.2M | 484.6M | 507.8M | 627.2M | 721.3M | 757.3M | |
Accounts Payable | 82.9M | 165.2M | 136.2M | 220.2M | 253.2M | 265.8M | |
Cash | 86.2M | 129.6M | 155.4M | 103.1M | 118.6M | 65.6M | |
Non Current Assets Total | 259.3M | 299.2M | 268.7M | 261.2M | 300.4M | 204.3M | |
Non Currrent Assets Other | (13.1M) | 7.1M | 64.3M | (4.7M) | (4.2M) | (4.0M) | |
Cash And Short Term Investments | 86.2M | 129.6M | 155.4M | 103.1M | 118.6M | 66.0M | |
Net Receivables | 481.7M | 538.9M | 540.5M | 649.5M | 746.9M | 784.2M | |
Common Stock Shares Outstanding | 26.8M | 26.8M | 26.9M | 26.7M | 24.0M | 24.8M | |
Liabilities And Stockholders Equity | 909.1M | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | |
Non Current Liabilities Total | 36.3M | 55.0M | 45.4M | 71.2M | 64.1M | 60.8M | |
Inventory | 50.3M | 70.0M | 155.1M | 243.3M | 279.8M | 293.8M | |
Other Current Assets | 9.3M | 11.0M | 13.9M | 55.1M | 63.4M | 66.5M | |
Other Stockholder Equity | 76.8M | 77.0M | 152.7M | 153.2M | 176.2M | 185.0M | |
Total Liab | 423.0M | 514.4M | 505.5M | 632.6M | 727.4M | 763.8M | |
Property Plant And Equipment Gross | 30.3M | 27.0M | 60.5M | 59.2M | 68.1M | 71.5M | |
Total Current Assets | 649.8M | 777.6M | 897.5M | 1.1B | 1.3B | 1.3B | |
Accumulated Other Comprehensive Income | (991K) | 655K | (124K) | 1.6M | 1.8M | 1.9M | |
Other Liab | 22.1M | 31.6M | 32.2M | 49.7M | 57.2M | 60.0M | |
Other Assets | 12.4M | 27.6M | 30.8M | 58.5M | 67.3M | 70.7M | |
Long Term Debt | 5.9M | 18.3M | 9.9M | 9.5M | 8.6M | 8.1M | |
Good Will | 118.1M | 126.6M | 126.5M | 136.1M | 156.5M | 164.3M | |
Common Stock Total Equity | 144K | 145K | 270K | 272K | 312.8K | 328.4K | |
Intangible Assets | 34.5M | 38.6M | 27.3M | 25.0M | 28.8M | 23.5M | |
Common Stock | 144K | 145K | 270K | 272K | 312.8K | 328.4K | |
Property Plant Equipment | 20.2M | 16.2M | 14.8M | 26.5M | 23.9M | 16.4M | |
Treasury Stock | (68.4M) | (75.4M) | (6.7M) | (14.1M) | (12.7M) | (13.3M) | |
Current Deferred Revenue | 55.5M | 72.8M | 86.5M | 114.0M | 131.1M | 137.7M | |
Short Term Debt | 194.3M | 154.5M | 169.7M | 165.4M | 148.9M | 141.4M | |
Net Tangible Assets | 333.6M | 397.2M | 660.7M | 782.3M | 899.6M | 944.6M | |
Capital Surpluse | 145.2M | 152.4M | 159.5M | 167.3M | 192.4M | 144.3M | |
Deferred Long Term Liab | 8.9M | 11.0M | 19.1M | 715K | 822.3K | 781.1K | |
Non Current Liabilities Other | 2.7M | 5.3M | 35.5M | 61.0M | 70.1M | 73.7M |
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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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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.