ExlService Other Operating Expenses vs Non Recurring Analysis

EXLS Stock  USD 29.36  0.05  0.17%   
ExlService Holdings financial indicator trend analysis is much more than just examining ExlService Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ExlService Holdings is a good investment. Please check the relationship between ExlService Holdings Other Operating Expenses and its Non Recurring accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ExlService Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ExlService Stock please use our How to Invest in ExlService Holdings guide.

Other Operating Expenses vs Non Recurring

Other Operating Expenses vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ExlService Holdings Other Operating Expenses account and Non Recurring. At this time, the significance of the direction appears to have pay attention.
The correlation between ExlService Holdings' Other Operating Expenses and Non Recurring is -0.79. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Non Recurring in the same time period over historical financial statements of ExlService Holdings, assuming nothing else is changed. The correlation between historical values of ExlService Holdings' Other Operating Expenses and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of ExlService Holdings are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Other Operating Expenses i.e., ExlService Holdings' Other Operating Expenses and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ExlService Holdings. It is also known as ExlService Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Non Recurring

Most indicators from ExlService Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ExlService Holdings 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 ExlService Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ExlService Stock please use our How to Invest in ExlService Holdings guide.At this time, ExlService Holdings' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas Tax Provision is likely to drop slightly above 31.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit431.4M515.4M562.7M590.8M
Total Revenue1.1B1.4B1.6B1.7B

ExlService Holdings fundamental ratios Correlations

0.980.780.310.640.810.49-0.540.980.990.920.960.870.930.590.950.731.00.750.750.920.770.870.840.150.95
0.980.660.380.60.790.55-0.490.910.990.820.960.820.870.550.950.690.960.780.630.940.810.810.770.120.95
0.780.66-0.210.530.590.13-0.550.880.710.930.730.750.810.380.70.590.820.50.860.680.380.890.810.160.71
0.310.38-0.210.160.560.650.230.210.380.170.210.180.250.610.230.380.260.340.140.150.580.00.170.280.2
0.640.60.530.160.43-0.02-0.670.650.610.620.620.50.750.630.690.340.630.250.390.630.230.520.65-0.340.72
0.810.790.590.560.430.74-0.050.790.840.790.660.640.760.780.640.830.780.840.80.560.820.80.750.490.67
0.490.550.130.65-0.020.740.240.40.560.370.380.340.320.430.350.580.450.710.440.320.780.40.350.540.34
-0.54-0.49-0.550.23-0.67-0.050.24-0.56-0.46-0.48-0.69-0.65-0.57-0.14-0.72-0.12-0.57-0.06-0.23-0.72-0.08-0.35-0.330.48-0.67
0.980.910.880.210.650.790.4-0.560.940.980.920.890.950.610.910.750.990.690.840.870.680.890.860.180.9
0.990.990.710.380.610.840.56-0.460.940.870.950.840.90.610.940.740.970.790.710.910.810.850.810.180.94
0.920.820.930.170.620.790.37-0.480.980.870.820.830.920.610.810.730.930.630.910.760.60.890.890.250.8
0.960.960.730.210.620.660.38-0.690.920.950.820.90.880.470.990.630.960.680.610.980.710.780.720.00.97
0.870.820.750.180.50.640.34-0.650.890.840.830.90.860.540.860.630.890.570.660.810.620.740.540.270.81
0.930.870.810.250.750.760.32-0.570.950.90.920.880.860.690.870.680.940.650.710.820.630.830.790.140.85
0.590.550.380.610.630.780.43-0.140.610.610.610.470.540.690.480.630.570.450.560.340.520.520.530.30.52
0.950.950.70.230.690.640.35-0.720.910.940.810.990.860.870.480.590.950.630.580.990.670.750.73-0.080.98
0.730.690.590.380.340.830.58-0.120.750.740.730.630.630.680.630.590.730.740.730.520.720.740.680.350.62
1.00.960.820.260.630.780.45-0.570.990.970.930.960.890.940.570.950.730.730.770.920.750.860.840.140.93
0.750.780.50.340.250.840.71-0.060.690.790.630.680.570.650.450.630.740.730.610.620.920.760.620.410.66
0.750.630.860.140.390.80.44-0.230.840.710.910.610.660.710.560.580.730.770.610.530.560.830.840.410.62
0.920.940.680.150.630.560.32-0.720.870.910.760.980.810.820.340.990.520.920.620.530.650.720.71-0.140.96
0.770.810.380.580.230.820.78-0.080.680.810.60.710.620.630.520.670.720.750.920.560.650.60.560.390.66
0.870.810.890.00.520.80.4-0.350.890.850.890.780.740.830.520.750.740.860.760.830.720.60.840.310.8
0.840.770.810.170.650.750.35-0.330.860.810.890.720.540.790.530.730.680.840.620.840.710.560.840.030.77
0.150.120.160.28-0.340.490.540.480.180.180.250.00.270.140.3-0.080.350.140.410.41-0.140.390.310.03-0.09
0.950.950.710.20.720.670.34-0.670.90.940.80.970.810.850.520.980.620.930.660.620.960.660.80.77-0.09
Click cells to compare fundamentals

ExlService Holdings Account Relationship Matchups

ExlService Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.3B1.3B1.4B1.5B
Total Stockholder Equity670.0M719.2M693.2M758.2M889.4M933.9M
Net Debt215.4M112.2M211.7M194.5M130.7M137.3M
Cash119.2M218.5M135.3M118.7M141.0M122.4M
Other Assets48.3M137.0M54.1M89.9M103.4M108.6M
Cash And Short Term Investments321.4M402.8M313.9M297.7M294.9M188.8M
Common Stock Shares Outstanding173.7M172.8M171.2M169.2M168.2M110.4M
Liabilities And Stockholders Equity1.2B1.2B1.3B1.3B1.4B1.5B
Other Stockholder Equity203.0M152.7M26.5M3.2M(67.4M)(64.0M)
Total Liab513.1M528.7M589.7M587.9M552.5M580.2M
Total Current Assets541.3M609.3M578.1M612.8M676.4M710.2M
Short Long Term Debt Total334.5M330.7M347.0M313.1M271.8M285.3M
Other Current Liab144.1M137.5M190.3M206.4M231.1M242.6M
Total Current Liabilities229.3M221.1M495.7M277.9M326.4M342.7M
Property Plant And Equipment Net165.5M184.8M162.7M138.2M165.2M173.5M
Current Deferred Revenue13.4M32.6M20M18.8M12.3M11.6M
Retained Earnings551.9M641.4M756.1M899.1M1.1B1.1B
Accounts Payable6.6M7.0M6.9M7.8M5.1M5.4M
Non Current Assets Total641.8M638.6M704.8M733.3M765.6M803.9M
Non Currrent Assets Other38.4M34.4M32.7M34.1M42.7M26.2M
Long Term Debt263.2M194.1M202.0M220M135M71.6M
Net Receivables171.9M147.6M194.2M259.2M329.4M345.9M
Common Stock Total Equity37K38K39K40K46K34.8K
Short Term Investments202.2M184.3M178.5M179.0M153.9M161.6M
Non Current Liabilities Total283.7M307.6M94.1M310.0M226.1M237.4M
Inventory23.4M21.7M36.0M4.9M5.6M5.3M
Other Current Assets24.6M37.1M34.0M51.0M52.0M54.6M
Property Plant And Equipment Gross165.5M184.8M162.7M138.2M388.9M408.3M
Accumulated Other Comprehensive Income(84.9M)(75.0M)(89.5M)(144.1M)(127.0M)(120.7M)
Treasury Stock(188.3M)(268.2M)(369.3M)(441.9M)(397.7M)(377.9M)
Short Term Debt65.3M43.9M278.5M45.0M78.0M81.9M
Common Stock37K38K39K40K203K213.2K
Property Plant Equipment79.1M184.8M162.7M138.2M158.9M166.8M
Other Liab14.5M20.8M25.6M41.5M47.7M50.1M
Good Will349.5M349.1M403.9M405.6M405.6M207.0M
Intangible Assets74.0M59.6M81.1M64.8M50.2M47.7M
Net Tangible Assets246.5M310.5M208.2M352.5M405.4M272.3M

Pair Trading with ExlService Holdings

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 ExlService Holdings 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 ExlService Holdings will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ExlService Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ExlService Holdings 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 ExlService Holdings - 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 ExlService Holdings to buy it.
The correlation of ExlService Holdings 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 ExlService Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ExlService Holdings 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 ExlService Holdings 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
When determining whether ExlService Holdings is a strong investment it is important to analyze ExlService Holdings' 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 ExlService Holdings' future performance. For an informed investment choice regarding ExlService Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ExlService Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ExlService Stock please use our How to Invest in ExlService Holdings guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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Is ExlService Holdings' 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 ExlService Holdings. If investors know ExlService 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 ExlService Holdings 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
0.261
Earnings Share
1.1
Revenue Per Share
9.803
Quarterly Revenue Growth
0.105
Return On Assets
0.1069
The market value of ExlService Holdings is measured differently than its book value, which is the value of ExlService that is recorded on the company's balance sheet. Investors also form their own opinion of ExlService Holdings' value that differs from its market value or its book value, called intrinsic value, which is ExlService Holdings' 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 ExlService Holdings' market value can be influenced by many factors that don't directly affect ExlService Holdings' 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 ExlService Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ExlService Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ExlService Holdings' 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.