Euronet Gross Profit Margin vs Operating Profit Margin Analysis

EEFT Stock  USD 114.76  0.93  0.80%   
Euronet Worldwide financial indicator trend analysis is much more than just examining Euronet Worldwide latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euronet Worldwide is a good investment. Please check the relationship between Euronet Worldwide Gross Profit Margin and its Operating Profit Margin accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronet Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.

Gross Profit Margin vs Operating Profit Margin

Gross Profit Margin vs Operating Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euronet Worldwide Gross Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Euronet Worldwide's Gross Profit Margin and Operating Profit Margin is -0.06. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of Euronet Worldwide, assuming nothing else is changed. The correlation between historical values of Euronet Worldwide's Gross Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Euronet Worldwide are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Gross Profit Margin i.e., Euronet Worldwide's Gross Profit Margin and Operating Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit Margin

Operating Profit Margin

Most indicators from Euronet Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euronet Worldwide 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 Euronet Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.At this time, Euronet Worldwide's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Tax Provision is likely to drop slightly above 76 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense38.3M37.5M55.6M58.4M
Depreciation And Amortization135.8M135.9M132.9M71.7M

Euronet Worldwide fundamental ratios Correlations

0.970.880.980.730.90.110.96-0.090.970.960.170.97-0.070.420.580.980.93-0.50.990.91.00.62-0.150.680.65
0.970.950.950.620.890.260.97-0.30.960.890.110.96-0.290.260.461.00.97-0.630.980.920.980.66-0.190.560.52
0.880.950.90.380.750.460.93-0.510.850.76-0.170.85-0.370.060.310.930.98-0.80.930.950.910.73-0.220.380.32
0.980.950.90.630.810.20.95-0.10.930.930.030.93-0.010.390.580.950.95-0.560.990.910.980.67-0.140.650.61
0.730.620.380.630.82-0.370.610.380.740.820.60.740.20.670.70.640.480.090.640.480.680.23-0.090.820.83
0.90.890.750.810.820.020.86-0.130.920.90.360.92-0.230.370.510.90.8-0.340.860.80.890.53-0.280.590.59
0.110.260.460.2-0.370.020.15-0.71-0.010.04-0.64-0.01-0.46-0.19-0.070.210.38-0.490.20.350.140.530.08-0.09-0.15
0.960.970.930.950.610.860.15-0.240.960.870.050.96-0.180.170.390.970.96-0.680.970.920.980.62-0.280.490.44
-0.09-0.3-0.51-0.10.38-0.13-0.71-0.24-0.110.090.49-0.110.820.620.41-0.25-0.370.71-0.17-0.4-0.15-0.440.280.410.49
0.970.960.850.930.740.92-0.010.96-0.110.910.291.0-0.170.320.50.970.9-0.520.960.850.980.53-0.220.60.58
0.960.890.760.930.820.90.040.870.090.910.230.910.080.610.680.90.83-0.270.930.830.930.58-0.040.790.79
0.170.11-0.170.030.60.36-0.640.050.490.290.230.29-0.020.390.320.15-0.050.390.09-0.210.14-0.36-0.090.340.43
0.970.960.850.930.740.92-0.010.96-0.111.00.910.29-0.170.320.50.970.9-0.520.960.850.980.53-0.220.60.58
-0.07-0.29-0.37-0.010.2-0.23-0.46-0.180.82-0.170.08-0.02-0.170.550.43-0.27-0.290.51-0.13-0.18-0.12-0.110.180.380.4
0.420.260.060.390.670.37-0.190.170.620.320.610.390.320.550.870.280.150.490.340.180.340.140.380.910.95
0.580.460.310.580.70.51-0.070.390.410.50.680.320.50.430.870.470.380.170.530.40.540.350.110.890.89
0.981.00.930.950.640.90.210.97-0.250.970.90.150.97-0.270.280.470.97-0.610.990.90.990.6-0.170.570.54
0.930.970.980.950.480.80.380.96-0.370.90.83-0.050.9-0.290.150.380.97-0.750.970.920.960.67-0.20.460.41
-0.5-0.63-0.8-0.560.09-0.34-0.49-0.680.71-0.52-0.270.39-0.520.510.490.17-0.61-0.75-0.59-0.67-0.57-0.50.390.150.24
0.990.980.930.990.640.860.20.97-0.170.960.930.090.96-0.130.340.530.990.97-0.590.921.00.64-0.150.620.59
0.90.920.950.910.480.80.350.92-0.40.850.83-0.210.85-0.180.180.40.90.92-0.670.920.910.8-0.230.470.4
1.00.980.910.980.680.890.140.98-0.150.980.930.140.98-0.120.340.540.990.96-0.571.00.910.62-0.190.620.59
0.620.660.730.670.230.530.530.62-0.440.530.58-0.360.53-0.110.140.350.60.67-0.50.640.80.62-0.390.320.25
-0.15-0.19-0.22-0.14-0.09-0.280.08-0.280.28-0.22-0.04-0.09-0.220.180.380.11-0.17-0.20.39-0.15-0.23-0.19-0.390.260.28
0.680.560.380.650.820.59-0.090.490.410.60.790.340.60.380.910.890.570.460.150.620.470.620.320.260.98
0.650.520.320.610.830.59-0.150.440.490.580.790.430.580.40.950.890.540.410.240.590.40.590.250.280.98
Click cells to compare fundamentals

Euronet Worldwide Account Relationship Matchups

Euronet Worldwide fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.9B4.7B5.4B5.9B6.2B
Short Long Term Debt Total1.5B1.6B1.6B1.8B2.0B2.1B
Other Current Liab954.5M1.1B1.0B1.4B2.2B2.3B
Total Current Liabilities1.6B1.9B1.9B2.4B2.7B2.8B
Total Stockholder Equity1.6B1.4B1.3B1.2B1.2B643.0M
Property Plant And Equipment Net737.5M540.5M506.9M486.3M474.7M498.4M
Net Debt28.7M(221.5M)(212.5M)119.5M218.8M229.7M
Retained Earnings1.0B1.0B1.1B1.3B1.6B1.7B
Accounts Payable481.5M654.9M693.2M858.1M241.2M229.1M
Cash1.5B1.8B1.8B1.6B1.8B1.9B
Non Current Assets Total1.7B1.6B1.4B1.7B1.7B1.8B
Non Currrent Assets Other115.8M232.6M189.6M145.6M(47.0M)(44.7M)
Cash And Short Term Investments1.5B1.8B1.8B1.6B1.8B1.9B
Net Receivables201.9M117.5M203M270.8M370.6M266.1M
Common Stock Shares Outstanding54.9M52.7M53.5M53.5M51.6M45.2M
Liabilities And Stockholders Equity4.7B4.9B4.7B5.4B5.9B6.2B
Non Current Liabilities Total1.4B1.6B1.6B1.8B1.9B2.0B
Other Current Assets1.0B1.1B1.1B1.8B2.0B2.1B
Other Stockholder Equity726.5M525.7M342.9M145.8M(176.1M)(167.3M)
Total Liab3.1B3.5B3.5B4.2B4.6B4.9B
Property Plant And Equipment Gross737.5M540.5M506.9M486.3M1.1B1.2B
Total Current Assets2.9B3.4B3.3B3.7B4.2B4.4B
Accumulated Other Comprehensive Income(164.9M)(94.2M)(172.6M)(251.0M)(203.2M)(193.0M)
Short Term Debt139.4M59.6M57M53.3M202.2M212.3M
Intangible Assets141.8M354.4M287.4M362.3M349.5M283.4M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M1.0M
Common Stock1.3M1.3M1.3M1.3M1.3M1.0M
Other Assets115.7M232.6M189.6M174.1M1.00.95
Long Term Debt1.1B1.4B1.4B1.6B1.7B1.8B
Good Will743.8M665.8M641.6M828.3M847.5M568.2M
Inventory252M276.1M199.1M7.4M1.00.95
Treasury Stock(463.7M)(703.0M)(931.2M)(1.1B)(995.2M)(945.5M)
Property Plant Equipment360.0M378.4M506.9M336.6M387.1M406.4M
Current Deferred Revenue58.6M73.4M77.0M65.4M56.7M37.8M
Other Liab103.4M75.1M101.8M93.4M107.4M138.8M
Net Tangible Assets693.6M657.9M516.1M228.0M262.2M231.3M
Noncontrolling Interest In Consolidated Entity68K281K43K(177K)(159.3K)(151.3K)
Retained Earnings Total Equity1.0B1.0B1.1B1.3B1.6B1.6B

Pair Trading with Euronet Worldwide

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

Moving against Euronet Stock

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The ability to find closely correlated positions to Euronet Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euronet Worldwide 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 Euronet Worldwide - 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 Euronet Worldwide to buy it.
The correlation of Euronet Worldwide 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 Euronet Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronet Worldwide 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 Euronet Worldwide 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 CorrelationCorrelation Matching

Additional Tools for Euronet Stock Analysis

When running Euronet Worldwide's price analysis, check to measure Euronet Worldwide's 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 Euronet Worldwide is operating at the current time. Most of Euronet Worldwide's value examination focuses on studying past and present price action to predict the probability of Euronet Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronet Worldwide's price. Additionally, you may evaluate how the addition of Euronet Worldwide to your portfolios can decrease your overall portfolio volatility.