EZCORP Book Value per Share vs Receivables Turnover Analysis
EZPW Stock | USD 10.96 0.10 0.90% |
EZCORP financial indicator trend analysis is much more than just examining EZCORP Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EZCORP Inc is a good investment. Please check the relationship between EZCORP Book Value Per Share and its Receivables Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP 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 american community survey.
Book Value Per Share vs Receivables Turnover
Book Value per Share vs Receivables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EZCORP Inc Book Value per Share account and Receivables Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between EZCORP's Book Value per Share and Receivables Turnover is 0.2. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of EZCORP Inc, assuming nothing else is changed. The correlation between historical values of EZCORP's Book Value per Share and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of EZCORP Inc are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Book Value per Share i.e., EZCORP's Book Value per Share and Receivables Turnover go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Receivables Turnover
Most indicators from EZCORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EZCORP 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP 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 american community survey. At this time, EZCORP's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 15.9 M in 2024, whereas Discontinued Operations is likely to drop (551.8 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 528.1M | 609.8M | 701.3M | 736.4M | Total Revenue | 886.2M | 1.0B | 1.2B | 1.3B |
EZCORP fundamental ratios Correlations
Click cells to compare fundamentals
EZCORP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EZCORP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.3B | 1.3B | 1.5B | 1.7B | 1.8B | |
Short Long Term Debt Total | 454.0M | 477.8M | 546.0M | 610.5M | 702.1M | 737.2M | |
Other Current Liab | 39.5M | 56.9M | 60.5M | 58.6M | 67.4M | 70.7M | |
Total Current Liabilities | 132.5M | 155.1M | 152.9M | 192.0M | 220.8M | 231.8M | |
Total Stockholder Equity | 649.1M | 672.2M | 692.2M | 745.8M | 857.6M | 900.5M | |
Property Plant And Equipment Net | 240.8M | 254.8M | 278.3M | 302.5M | 347.9M | 365.2M | |
Net Debt | 149.5M | 224.1M | 340.0M | 389.9M | 448.4M | 470.8M | |
Retained Earnings | 318.2M | 326.8M | 402.0M | 431.1M | 495.8M | 520.6M | |
Accounts Payable | 71.5M | 90.3M | 84.5M | 23.0M | 26.5M | 41.0M | |
Cash | 304.5M | 253.7M | 206.0M | 220.6M | 253.7M | 266.4M | |
Non Current Assets Total | 603.8M | 656.1M | 703.7M | 748.0M | 860.2M | 903.2M | |
Non Currrent Assets Other | 5.4M | 5.9M | 7.7M | 12.0M | 13.8M | 13.1M | |
Cash And Short Term Investments | 304.5M | 253.7M | 206.0M | 220.6M | 253.7M | 266.4M | |
Net Receivables | 151.9M | 205.2M | 243.5M | 320.2M | 368.2M | 386.6M | |
Common Stock Shares Outstanding | 55.3M | 55.9M | 82.4M | 80.9M | 93.0M | 50.4M | |
Liabilities And Stockholders Equity | 1.2B | 1.3B | 1.3B | 1.5B | 1.7B | 1.8B | |
Non Current Liabilities Total | 415.4M | 439.6M | 502.8M | 530.0M | 609.5M | 639.9M | |
Inventory | 95.9M | 111.0M | 151.6M | 166.5M | 191.4M | 201.0M | |
Other Current Assets | 40.9M | 41.0M | 34.6M | 4.1M | 4.7M | 4.5M | |
Other Stockholder Equity | 398.5M | 403.3M | 345.3M | 346.2M | 398.1M | 238.0M | |
Total Liab | 547.9M | 594.7M | 655.6M | 721.9M | 830.2M | 871.7M | |
Property Plant And Equipment Gross | 240.8M | 254.8M | 278.3M | 579.8M | 666.8M | 700.2M | |
Total Current Assets | 593.3M | 610.9M | 644.2M | 719.7M | 827.7M | 869.1M | |
Accumulated Other Comprehensive Income | (68.1M) | (58.4M) | (55.7M) | (32.1M) | (28.9M) | (27.4M) | |
Short Term Debt | 50.0M | 52.3M | 52.3M | 91.4M | 105.2M | 110.4M | |
Intangible Assets | 58.6M | 62.1M | 56.8M | 58.2M | 66.9M | 36.9M | |
Current Deferred Revenue | 11.0M | 12.6M | 16.0M | 18.9M | 21.8M | 22.8M | |
Good Will | 257.6M | 285.8M | 286.8M | 302.4M | 347.7M | 209.9M | |
Common Stock Total Equity | 556K | 551K | 560K | 564K | 648.6K | 973.4K | |
Common Stock | 551K | 560K | 564K | 549K | 631.4K | 935K | |
Other Liab | 9.3M | 11.4M | 14.1M | 9.1M | 10.5M | 13.6M | |
Other Assets | 7.5M | 14.3M | 15.7M | 19.8M | 22.8M | 36.7M | |
Long Term Debt | 251.0M | 264.2M | 312.9M | 325.8M | 374.7M | 393.5M | |
Property Plant Equipment | 67.4M | 57.0M | 53.8M | 278.3M | 320.1M | 336.1M | |
Net Tangible Assets | 376.4M | 332.9M | 324.4M | 348.6M | 313.7M | 309.3M | |
Retained Earnings Total Equity | 389.2M | 318.2M | 326.8M | 402.0M | 361.8M | 334.7M | |
Long Term Debt Total | 238.4M | 251.0M | 264.2M | 312.9M | 359.8M | 274.4M |
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 EZCORP 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, EZCORP's short interest history, or implied volatility extrapolated from EZCORP options trading.
Pair Trading with EZCORP
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 EZCORP 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 EZCORP will appreciate offsetting losses from the drop in the long position's value.Moving together with EZCORP Stock
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0.89 | ARES | Ares Management LP Financial Report 26th of April 2024 | PairCorr |
0.72 | C | Citigroup Financial Report 12th of July 2024 | PairCorr |
0.64 | L | Loews Corp | PairCorr |
Moving against EZCORP Stock
0.82 | AC | Associated Capital | PairCorr |
0.78 | DHIL | Diamond Hill Investment | PairCorr |
0.78 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
0.73 | HG | Hamilton Insurance Report 21st of October 2024 | PairCorr |
0.59 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to EZCORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EZCORP 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 EZCORP - 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 EZCORP Inc to buy it.
The correlation of EZCORP 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 EZCORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EZCORP 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 EZCORP 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP 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 american community survey. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running EZCORP's price analysis, check to measure EZCORP'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 EZCORP is operating at the current time. Most of EZCORP's value examination focuses on studying past and present price action to predict the probability of EZCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EZCORP's price. Additionally, you may evaluate how the addition of EZCORP to your portfolios can decrease your overall portfolio volatility.
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Is EZCORP's 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 EZCORP. If investors know EZCORP 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 EZCORP 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 0.409 | Earnings Share 0.8 | Revenue Per Share 19.623 | Quarterly Revenue Growth 0.135 | Return On Assets 0.0457 |
The market value of EZCORP Inc is measured differently than its book value, which is the value of EZCORP that is recorded on the company's balance sheet. Investors also form their own opinion of EZCORP's value that differs from its market value or its book value, called intrinsic value, which is EZCORP's 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 EZCORP's market value can be influenced by many factors that don't directly affect EZCORP's 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 EZCORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if EZCORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EZCORP's 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.