EFX Stock | | | USD 253.58 1.07 0.42% |
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 Ebitda and its Other Operating Expenses 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.
Ebitda vs Other Operating Expenses
Ebitda vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Equifax Ebitda account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Equifax's Ebitda and Other Operating Expenses is 0.66. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Equifax, assuming nothing else is changed. The correlation between historical values of Equifax's Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Equifax are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., Equifax's Ebitda and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equifax. It is also known as Equifax overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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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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.