Axos Short Term Debt vs Total Current Liabilities 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 Short Term Debt and its Total Current Liabilities 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.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axos Financial Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Axos Financial's Short Term Debt and Total Current Liabilities is -0.31. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Axos Financial are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Axos Financial's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Axos Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Axos Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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