Axos Change In Cash vs Net Income Analysis

AX Stock  USD 86.60  1.94  2.29%   
Axos Financial financial indicator trend analysis is way more than just evaluating Axos Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axos Financial is a good investment. Please check the relationship between Axos Financial Change In Cash and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axos Financial Change In Cash account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Axos Financial's Change In Cash and Net Income is -0.05. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Axos Financial, assuming nothing else is changed. The correlation between historical values of Axos Financial's Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Axos Financial are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Axos Financial's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Axos Financial financial statement analysis. It represents the amount of money remaining after all of Axos Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Axos Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axos Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.8 B in 2024, whereas Tax Provision is likely to drop slightly above 106.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue705.3M890.2M1.1B1.1B
Interest Expense52.6M374.0M694.2M728.9M

Axos Financial fundamental ratios Correlations

0.080.751.0-0.880.170.370.071.0-0.140.820.960.990.660.930.68-0.220.750.940.810.860.360.67-0.880.90.06
0.08-0.180.070.30.410.670.610.080.810.130.00.00.29-0.11-0.20.160.22-0.050.180.190.59-0.18-0.020.220.22
0.75-0.180.77-0.67-0.52-0.02-0.310.74-0.310.480.720.810.120.680.99-0.370.320.650.360.52-0.090.99-0.510.55-0.02
1.00.070.77-0.870.130.350.061.0-0.140.810.950.990.630.920.71-0.220.740.920.790.860.330.7-0.860.90.07
-0.880.3-0.67-0.87-0.11-0.060.2-0.880.39-0.67-0.92-0.89-0.62-0.97-0.60.28-0.64-0.95-0.69-0.69-0.09-0.580.87-0.720.07
0.170.41-0.520.13-0.110.520.580.180.310.360.150.060.660.17-0.60.30.490.220.50.350.62-0.61-0.360.360.14
0.370.67-0.020.35-0.060.520.820.370.350.230.210.250.310.26-0.050.040.230.340.250.540.77-0.03-0.210.570.52
0.070.61-0.310.060.20.580.820.070.33-0.02-0.11-0.060.09-0.02-0.310.48-0.030.060.00.40.79-0.30.090.370.7
1.00.080.741.0-0.880.180.370.07-0.150.820.960.990.660.930.67-0.220.750.940.810.860.360.66-0.890.90.06
-0.140.81-0.31-0.140.390.310.350.33-0.15-0.04-0.17-0.180.29-0.32-0.330.070.16-0.290.060.020.18-0.320.080.04-0.07
0.820.130.480.81-0.670.360.23-0.020.82-0.040.870.810.780.70.38-0.230.930.70.960.670.310.37-0.880.73-0.23
0.960.00.720.95-0.920.150.21-0.110.96-0.170.870.960.740.940.63-0.310.810.930.850.750.210.62-0.950.81-0.14
0.990.00.810.99-0.890.060.25-0.060.99-0.180.810.960.610.920.74-0.280.740.920.780.810.250.74-0.870.860.0
0.660.290.120.63-0.620.660.310.090.660.290.780.740.610.630.0-0.080.910.640.90.590.34-0.01-0.880.65-0.26
0.93-0.110.680.92-0.970.170.26-0.020.93-0.320.70.940.920.630.61-0.250.641.00.710.770.280.6-0.880.80.04
0.68-0.20.990.71-0.6-0.6-0.05-0.310.67-0.330.380.630.740.00.61-0.350.210.580.250.45-0.121.0-0.40.480.03
-0.220.16-0.37-0.220.280.30.040.48-0.220.07-0.23-0.31-0.28-0.08-0.25-0.35-0.16-0.21-0.190.040.31-0.360.25-0.020.53
0.750.220.320.74-0.640.490.23-0.030.750.160.930.810.740.910.640.21-0.160.650.960.630.30.2-0.880.67-0.23
0.94-0.050.650.92-0.950.220.340.060.94-0.290.70.930.920.641.00.58-0.210.650.720.80.370.57-0.880.820.08
0.810.180.360.79-0.690.50.250.00.810.060.960.850.780.90.710.25-0.190.960.720.660.340.23-0.930.72-0.29
0.860.190.520.86-0.690.350.540.40.860.020.670.750.810.590.770.450.040.630.80.660.560.45-0.70.970.33
0.360.59-0.090.33-0.090.620.770.790.360.180.310.210.250.340.28-0.120.310.30.370.340.56-0.11-0.250.520.45
0.67-0.180.990.7-0.58-0.61-0.03-0.30.66-0.320.370.620.74-0.010.61.0-0.360.20.570.230.45-0.11-0.390.470.04
-0.88-0.02-0.51-0.860.87-0.36-0.210.09-0.890.08-0.88-0.95-0.87-0.88-0.88-0.40.25-0.88-0.88-0.93-0.7-0.25-0.39-0.760.28
0.90.220.550.9-0.720.360.570.370.90.040.730.810.860.650.80.48-0.020.670.820.720.970.520.47-0.760.25
0.060.22-0.020.070.070.140.520.70.06-0.07-0.23-0.140.0-0.260.040.030.53-0.230.08-0.290.330.450.040.280.25
Click cells to compare fundamentals

Axos Financial Account Relationship Matchups

Axos Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B14.3B17.5B20.3B22.9B24.0B
Short Long Term Debt Total478.3M1.2B562.7M567.8M415.7M512.0M
Total Current Liabilities702.1M745.0M774.6M696.6M6.8B7.1B
Total Stockholder Equity1.2B1.4B1.6B1.9B2.3B2.4B
Net Debt(1.3B)(140.8M)(639.8M)(1.8B)(1.6B)(1.5B)
Other Assets11.4B12.7B15.1B17.1B(2.0B)(1.9B)
Common Stock Shares Outstanding61.4M60.5M60.6M60.6M58.7M50.3M
Liabilities And Stockholders Equity13.9B14.3B17.5B20.3B22.9B24.0B
Other Stockholder Equity216.7M210.0M216.8M187.5M106.7M151.7M
Total Liab12.6B12.9B15.8B18.4B20.6B21.6B
Short Term Debt152.0M974.5M27.5M206.0M86.9M82.6M
Other Liab327.2M535.4M829.1M397.2M456.8M479.6M
Property Plant And Equipment Net103.6M90.4M105.4M116.9M132.6M139.2M
Retained Earnings1.0B1.2B1.4B1.7B2.2B2.3B
Accounts Payable550.1M745.0M511.7M696.6M301.1M172.4M
Cash1.8B715.6M1.2B2.2B2.0B2.1B
Non Current Assets Total323.8M323.2M445.9M410.7M20.2B21.2B
Non Currrent Assets Other(151.4M)(159.4M)(206.2M)(234.2M)(312.7M)(328.3M)
Long Term Debt235.8M574.9M562.7M451.8M385.7M205.8M
Cash And Short Term Investments1.9B903.0M1.5B2.5B2.1B2.2B
Net Receivables220.3M369.8M471.9M374.1M240.0M252.0M
Common Stock Total Equity673K681K689K695K799.3K839.2K
Short Term Investments187.6M187.3M262.5M232.4M141.6M164.6M
Non Current Liabilities Total478.3M574.9M562.7M451.8M13.9B14.6B
Inventory(2.4B)(2.0B)(2.4B)(2.9B)(2.2B)(2.1B)
Total Current Assets2.2B1.3B1.9B2.8B4.6B2.4B
Common Stock673K681K689K695K702K369.3K
Property Plant Equipment103.6M90.4M105.4M53.4M61.4M64.4M
Accumulated Other Comprehensive Income(937K)2.5M(2.9M)(6.6M)(2.5M)(2.6M)
Other Current Liab(702.1M)(745.0M)(520.6M)(696.6M)(301.1M)(316.2M)
Treasury Stock(82.5M)(148.8M)(195.1M)(222.5M)(200.3M)(190.3M)
Good Will125.4M116.0M156.4M152.1M97.7M71.9M
Retained Earnings Total Equity1.0B1.2B1.4B1.7B2.0B2.1B
Intangible Assets10.7M17.9M25.2M25.4M73.0M76.7M
Net Tangible Assets1.1B1.3B1.6B1.8B2.0B1.0B
Long Term Debt Total235.8M221.4M445.2M361.8M416.0M436.8M
Capital Surpluse411.9M432.6M453.8M479.9M551.9M387.2M
Long Term Investments187.7M189.3M264.3M233.1M142.0M134.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Axos Stock Analysis

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