Axos Long Term Debt vs Total Stockholder Equity 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 Long Term Debt and its Total Stockholder Equity 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.

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axos Financial Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Axos Financial's Long Term Debt and Total Stockholder Equity is 0.74. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity 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 Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Axos Financial are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., Axos Financial's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Axos Financial has held for over one year. Long-term debt appears on Axos Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Axos Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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
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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

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