EPlus Total Revenue vs Selling General Administrative Analysis

PLUS Stock

USD 79.55 0.27 0.34%

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 Total Revenue and its Selling General Administrative 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.

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.

The correlation between EPlus' Total Revenue and Selling General Administrative is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of ePlus inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., EPlus' Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts ePlus inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling General Administrative

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

Gross Profit Total Revenue

EPlus fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Other Assets	Long Term Debt	Good Will
Total Assets		0.61	0.92	0.99	1.0	0.04	0.18	0.98	0.93	0.59	0.8	-0.37	0.59	0.99	0.05	0.8	0.93	0.54	0.89	1.0	0.59	1.0	0.85	0.87	-0.63	0.94
Short Long Term Debt Total	0.61		0.73	0.66	0.58	0.18	0.7	0.59	0.37	0.83	0.65	-0.2	0.82	0.67	0.32	0.35	0.38	0.19	0.46	0.64	0.3	0.62	0.19	0.2	-0.64	0.58
Other Current Liab	0.92	0.73		0.93	0.92	0.28	0.23	0.9	0.77	0.75	0.85	-0.36	0.74	0.93	0.09	0.72	0.76	0.48	0.84	0.92	0.59	0.92	0.75	0.71	-0.66	0.92
Total Current Liabilities	0.99	0.66	0.93		0.98	-0.01	0.22	0.96	0.92	0.65	0.79	-0.4	0.64	0.99	0.09	0.73	0.9	0.51	0.88	1.0	0.51	0.99	0.79	0.82	-0.67	0.92
Total Stockholder Equity	1.0	0.58	0.92	0.98		0.06	0.16	0.99	0.93	0.57	0.8	-0.35	0.57	0.99	0.03	0.81	0.94	0.55	0.88	0.99	0.61	0.99	0.87	0.89	-0.62	0.94
Property Plant And Equipment Net	0.04	0.18	0.28	-0.01	0.06		0.07	0.06	-0.13	0.21	0.25	0.06	0.21	0.06	0.31	0.3	-0.07	0.43	0.06	0.01	0.66	0.01	0.16	-0.01	-0.23	0.07
Net Debt	0.18	0.7	0.23	0.22	0.16	0.07		0.21	-0.06	0.2	0.18	-0.2	0.18	0.27	0.2	0.08	0.02	0.07	-0.01	0.21	0.1	0.19	-0.13	-0.11	-0.28	0.19
Retained Earnings	0.98	0.59	0.9	0.96	0.99	0.06	0.21		0.91	0.55	0.79	-0.3	0.55	0.99	0.07	0.83	0.9	0.51	0.8	0.97	0.62	0.98	0.84	0.87	-0.61	0.92
Accounts Payable	0.93	0.37	0.77	0.92	0.93	-0.13	-0.06	0.91		0.44	0.7	-0.39	0.44	0.9	0.05	0.78	0.92	0.53	0.84	0.93	0.46	0.93	0.87	0.91	-0.56	0.82
Cash	0.59	0.83	0.75	0.65	0.57	0.21	0.2	0.55	0.44		0.72	-0.07	1.0	0.62	0.32	0.34	0.38	0.11	0.55	0.62	0.26	0.6	0.25	0.23	-0.64	0.56
Non Current Assets Total	0.8	0.65	0.85	0.79	0.8	0.25	0.18	0.79	0.7	0.72		-0.37	0.73	0.82	0.23	0.68	0.59	0.25	0.7	0.79	0.4	0.76	0.69	0.59	-0.73	0.87
Non Currrent Assets Other	-0.37	-0.2	-0.36	-0.4	-0.35	0.06	-0.2	-0.3	-0.39	-0.07	-0.37		-0.07	-0.35	0.15	-0.13	-0.34	-0.42	-0.46	-0.39	-0.04	-0.35	-0.45	-0.33	0.37	-0.45
Cash And Short Term Investments	0.59	0.82	0.74	0.64	0.57	0.21	0.18	0.55	0.44	1.0	0.73	-0.07		0.62	0.34	0.34	0.38	0.11	0.54	0.61	0.25	0.6	0.25	0.23	-0.65	0.56
Net Receivables	0.99	0.67	0.93	0.99	0.99	0.06	0.27	0.99	0.9	0.62	0.82	-0.35	0.62		0.11	0.79	0.89	0.5	0.84	0.99	0.57	0.99	0.81	0.83	-0.67	0.94
Common Stock Shares Outstanding	0.05	0.32	0.09	0.09	0.03	0.31	0.2	0.07	0.05	0.32	0.23	0.15	0.34	0.11		0.11	-0.14	0.07	-0.08	0.08	0.15	0.04	-0.09	-0.2	-0.69	-0.09
Non Current Liabilities Total	0.8	0.35	0.72	0.73	0.81	0.3	0.08	0.83	0.78	0.34	0.68	-0.13	0.34	0.79	0.11		0.76	0.57	0.64	0.77	0.72	0.78	0.84	0.85	-0.4	0.73
Inventory	0.93	0.38	0.76	0.9	0.94	-0.07	0.02	0.9	0.92	0.38	0.59	-0.34	0.38	0.89	-0.14	0.76		0.64	0.89	0.91	0.61	0.94	0.87	0.95	-0.43	0.82
Other Current Assets	0.54	0.19	0.48	0.51	0.55	0.43	0.07	0.51	0.53	0.11	0.25	-0.42	0.11	0.5	0.07	0.57	0.64		0.58	0.53	0.82	0.55	0.67	0.63	-0.37	0.38
Other Stockholder Equity	0.89	0.46	0.84	0.88	0.88	0.06	-0.01	0.8	0.84	0.55	0.7	-0.46	0.54	0.84	-0.08	0.64	0.89	0.58		0.88	0.51	0.89	0.82	0.81	-0.55	0.86
Total Liab	1.0	0.64	0.92	1.0	0.99	0.01	0.21	0.97	0.93	0.62	0.79	-0.39	0.61	0.99	0.08	0.77	0.91	0.53	0.88		0.55	0.99	0.82	0.85	-0.65	0.92
Property Plant And Equipment Gross	0.59	0.3	0.59	0.51	0.61	0.66	0.1	0.62	0.46	0.26	0.4	-0.04	0.25	0.57	0.15	0.72	0.61	0.82	0.51	0.55		0.59	0.66	0.63	-0.37	0.47
Total Current Assets	1.0	0.62	0.92	0.99	0.99	0.01	0.19	0.98	0.93	0.6	0.76	-0.35	0.6	0.99	0.04	0.78	0.94	0.55	0.89	0.99	0.59		0.83	0.87	-0.62	0.92
Other Liab	0.85	0.19	0.75	0.79	0.87	0.16	-0.13	0.84	0.87	0.25	0.69	-0.45	0.25	0.81	-0.09	0.84	0.87	0.67	0.82	0.82	0.66	0.83		0.95	-0.46	0.83
Other Assets	0.87	0.2	0.71	0.82	0.89	-0.01	-0.11	0.87	0.91	0.23	0.59	-0.33	0.23	0.83	-0.2	0.85	0.95	0.63	0.81	0.85	0.63	0.87	0.95		-0.32	0.8
Long Term Debt	-0.63	-0.64	-0.66	-0.67	-0.62	-0.23	-0.28	-0.61	-0.56	-0.64	-0.73	0.37	-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
Good Will	0.94	0.58	0.92	0.92	0.94	0.07	0.19	0.92	0.82	0.56	0.87	-0.45	0.56	0.94	-0.09	0.73	0.82	0.38	0.86	0.92	0.47	0.92	0.83	0.8	-0.57

Click cells to compare fundamentals

EPlus Account Relationship Matchups

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

Pair Trading with EPlus

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 EPlus 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 EPlus will appreciate offsetting losses from the drop in the long position's value.

Moving against EPlus Stock

0.58

KULR

KULR Technology Group

Pair Corr

The ability to find closely correlated positions to EPlus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EPlus 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 EPlus - 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 ePlus inc to buy it.

The correlation of EPlus 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 EPlus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ePlus inc 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 EPlus 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.

Pair Correlation Correlation Matching

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:

How To Invest In EPlus

Details

Is EPlus Stock a good investment?

Details

What is EPlus' Net Worth?

Details

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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.

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EPlus Total Revenue vs Selling General Administrative Analysis

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Total Revenue

Selling General Administrative

EPlus fundamental ratios Correlations

EPlus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EPlus fundamental ratios Accounts

Pair Trading with EPlus

Moving against EPlus Stock

Complementary Tools for EPlus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets

Long Term Debt	- 0.73	Non Current Assets Total
Long Term Debt	- 0.69	Common Stock Shares Outstanding
Long Term Debt	- 0.67	Net Receivables
Long Term Debt	- 0.67	Total Current Liabilities
Long Term Debt	- 0.66	Other Current Liab
Long Term Debt	- 0.65	Total Liab