EFX Stock | | | USD 263.89 10.31 4.07% |
Equifax financial indicator trend analysis is much more than just examining Equifax latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equifax is a good investment. Please check the relationship between Equifax Accumulated Depreciation and its Capital Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equifax. 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 Equifax Stock please use our
How to Invest in Equifax guide.
Accumulated Depreciation vs Capital Stock
Accumulated Depreciation vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Equifax Accumulated Depreciation account and
Capital Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equifax's Accumulated Depreciation and Capital Stock is 0.49. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Equifax, assuming nothing else is changed. The correlation between historical values of Equifax's Accumulated Depreciation and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Equifax are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accumulated Depreciation i.e., Equifax's Accumulated Depreciation and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Equifax fixed asset that has been charged to Equifax expense since that asset was acquired and made available for Equifax use. The accumulated depreciation account is Equifax asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Equifax.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Equifax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equifax 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 Equifax. 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 Equifax Stock please use our
How to Invest in Equifax guide.
Enterprise Value is likely to rise to about 3.1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 731.1
M in 2024.
Equifax fundamental ratios Correlations
Click cells to compare fundamentals
Equifax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equifax fundamental ratios Accounts
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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 Equifax Stock Analysis
When running Equifax's price analysis, check to
measure Equifax'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 Equifax is operating at the current time. Most of Equifax's value examination focuses on studying past and present price action to
predict the probability of Equifax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equifax's price. Additionally, you may evaluate how the addition of Equifax to your portfolios can decrease your overall portfolio volatility.