Euronet Property Plant Equipment vs Short Term Investments Analysis

EEFT Stock  USD 106.61  1.10  1.04%   
Euronet Worldwide financial indicator trend analysis is much more than just examining Euronet Worldwide latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euronet Worldwide is a good investment. Please check the relationship between Euronet Worldwide Property Plant Equipment and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronet Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euronet Worldwide Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Euronet Worldwide's Property Plant Equipment and Short Term Investments is 0.55. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Euronet Worldwide, assuming nothing else is changed. The correlation between historical values of Euronet Worldwide's Property Plant Equipment and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Euronet Worldwide are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Euronet Worldwide's Property Plant Equipment and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Short Term Investments

Short Term Investments is an item under the current assets section of Euronet Worldwide balance sheet. It contains any investments Euronet Worldwide undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Euronet Worldwide can easily liquidate in the marketplace.
Most indicators from Euronet Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euronet Worldwide 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 Euronet Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.At this time, Euronet Worldwide's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Tax Provision is likely to drop slightly above 76 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense38.3M37.5M55.6M58.4M
Depreciation And Amortization135.8M135.9M132.9M71.7M

Euronet Worldwide fundamental ratios Correlations

0.970.90.980.730.90.130.96-0.280.970.960.930.97-0.070.420.580.980.94-0.50.990.91.00.62-0.220.680.65
0.970.970.950.620.890.280.97-0.480.960.890.920.96-0.290.260.461.00.98-0.630.980.920.980.66-0.250.560.52
0.90.970.90.450.790.390.93-0.640.90.770.880.9-0.430.090.330.960.99-0.770.940.880.930.62-0.290.410.36
0.980.950.90.630.810.210.95-0.250.930.930.930.93-0.010.390.580.950.94-0.560.990.910.980.67-0.210.650.61
0.730.620.450.630.82-0.370.610.070.740.820.60.740.20.670.70.640.510.090.640.480.680.23-0.120.820.83
0.90.890.790.810.820.030.86-0.340.920.90.790.92-0.230.370.510.90.82-0.340.860.80.890.53-0.320.590.59
0.130.280.390.21-0.370.030.16-0.520.00.060.080.0-0.45-0.19-0.070.220.34-0.510.220.370.150.540.01-0.08-0.15
0.960.970.930.950.610.860.16-0.390.960.870.910.96-0.180.170.390.970.96-0.680.970.920.980.62-0.350.490.44
-0.28-0.48-0.64-0.250.07-0.34-0.52-0.39-0.36-0.08-0.33-0.360.930.460.24-0.46-0.540.71-0.35-0.37-0.34-0.270.320.190.25
0.970.960.90.930.740.920.00.96-0.360.910.931.0-0.170.330.50.970.93-0.510.960.850.980.53-0.270.60.58
0.960.890.770.930.820.90.060.87-0.080.910.850.910.080.610.680.90.83-0.270.930.830.930.58-0.090.790.79
0.930.920.880.930.60.790.080.91-0.330.930.850.93-0.110.310.530.920.91-0.560.940.890.950.63-0.290.580.54
0.970.960.90.930.740.920.00.96-0.361.00.910.93-0.170.330.50.970.93-0.510.960.850.980.53-0.270.60.58
-0.07-0.29-0.43-0.010.2-0.23-0.45-0.180.93-0.170.08-0.11-0.170.550.43-0.27-0.330.51-0.13-0.18-0.12-0.110.180.380.4
0.420.260.090.390.670.37-0.190.170.460.330.610.310.330.550.870.280.160.490.340.180.340.140.370.910.95
0.580.460.330.580.70.51-0.070.390.240.50.680.530.50.430.870.470.380.170.530.40.540.350.060.890.89
0.981.00.960.950.640.90.220.97-0.460.970.90.920.97-0.270.280.470.98-0.610.990.90.990.6-0.230.570.54
0.940.980.990.940.510.820.340.96-0.540.930.830.910.93-0.330.160.380.98-0.740.970.910.960.64-0.280.470.42
-0.5-0.63-0.77-0.560.09-0.34-0.51-0.680.71-0.51-0.27-0.56-0.510.510.490.17-0.61-0.74-0.59-0.67-0.57-0.50.470.150.24
0.990.980.940.990.640.860.220.97-0.350.960.930.940.96-0.130.340.530.990.97-0.590.921.00.64-0.220.620.59
0.90.920.880.910.480.80.370.92-0.370.850.830.890.85-0.180.180.40.90.91-0.670.920.910.8-0.320.470.4
1.00.980.930.980.680.890.150.98-0.340.980.930.950.98-0.120.340.540.990.96-0.571.00.910.62-0.260.620.59
0.620.660.620.670.230.530.540.62-0.270.530.580.630.53-0.110.140.350.60.64-0.50.640.80.62-0.470.320.25
-0.22-0.25-0.29-0.21-0.12-0.320.01-0.350.32-0.27-0.09-0.29-0.270.180.370.06-0.23-0.280.47-0.22-0.32-0.26-0.470.190.24
0.680.560.410.650.820.59-0.080.490.190.60.790.580.60.380.910.890.570.470.150.620.470.620.320.190.98
0.650.520.360.610.830.59-0.150.440.250.580.790.540.580.40.950.890.540.420.240.590.40.590.250.240.98
Click cells to compare fundamentals

Euronet Worldwide Account Relationship Matchups

Euronet Worldwide fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.9B4.7B5.4B5.9B6.2B
Short Long Term Debt Total1.5B1.6B1.6B1.8B2.0B2.1B
Other Current Liab954.5M1.5B1.5B1.9B2.1B2.2B
Total Current Liabilities1.6B1.9B1.9B2.4B2.7B2.8B
Total Stockholder Equity1.6B1.4B1.3B1.2B1.2B643.0M
Property Plant And Equipment Net737.5M540.5M506.9M486.3M474.7M498.4M
Net Debt28.7M(221.5M)(212.5M)119.5M234M245.7M
Retained Earnings1.0B1.0B1.1B1.3B1.6B1.7B
Accounts Payable481.5M147.6M193.5M222.4M241.2M431.2M
Cash1.5B1.8B1.8B1.6B1.8B1.9B
Non Current Assets Total1.7B1.6B1.4B1.7B1.7B1.8B
Non Currrent Assets Other115.8M232.6M189.6M145.6M241.9M254.0M
Cash And Short Term Investments1.5B1.8B1.8B1.6B1.8B1.9B
Net Receivables201.9M117.5M203.0M270.8M370.6M266.1M
Common Stock Shares Outstanding54.9M52.7M53.5M53.5M51.6M45.2M
Liabilities And Stockholders Equity4.7B4.9B4.7B5.4B5.9B6.2B
Non Current Liabilities Total1.4B1.6B1.6B1.8B1.9B2.0B
Other Current Assets1.0B1.4B1.3B1.8B2.0B2.1B
Other Stockholder Equity726.5M525.4M342.9M146.0M(176.1M)(167.3M)
Total Liab3.1B3.5B3.5B4.2B4.6B4.9B
Property Plant And Equipment Gross737.5M540.5M506.9M486.3M1.1B1.2B
Total Current Assets2.9B3.4B3.3B3.7B4.2B4.4B
Accumulated Other Comprehensive Income(164.9M)(94.2M)(172.6M)(251.0M)(203.2M)(193.0M)
Short Term Debt139.4M59.6M57.1M53.3M202.2M212.3M
Intangible Assets141.8M354.4M287.4M362.3M167.6M275.7M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M1.0M
Common Stock1.3M1.3M1.3M1.3M1.3M1.0M
Other Assets115.7M232.6M189.6M174.1M1.00.95
Long Term Debt1.1B1.4B1.4B1.6B1.7B1.8B
Good Will743.8M665.8M641.6M828.3M847.5M568.2M
Inventory252M276.1M199.1M7.4M(806.4M)(766.1M)
Treasury Stock(463.7M)(703.0M)(931.2M)(1.1B)(995.2M)(945.5M)
Property Plant Equipment360.0M378.4M506.9M336.6M387.1M406.4M
Current Deferred Revenue58.6M73.4M77.0M65.4M56.7M37.8M
Other Liab103.4M75.1M101.8M93.4M107.4M138.8M
Net Tangible Assets693.6M657.9M516.1M228.0M262.2M231.3M
Noncontrolling Interest In Consolidated Entity68K281K43K(177K)(159.3K)(151.3K)
Retained Earnings Total Equity1.0B1.0B1.1B1.3B1.6B1.6B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Euronet Stock Analysis

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