Equifax Gross Profit vs Total Operating Expenses Analysis

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 Gross Profit and its Total 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.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equifax Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Equifax's Gross Profit and Total Operating Expenses is 0.78. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total 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 Gross Profit and Total 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 Gross Profit of Equifax are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Equifax's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Equifax minus its cost of goods sold. It is profit before Equifax operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
 2021 2022 2023 2024 (projected)
Gross Profit2.9B2.9B2.9B3.1B
Total Revenue4.9B5.1B5.3B5.5B

Equifax fundamental ratios Correlations

0.990.770.920.960.960.970.90.310.990.160.310.990.30.980.93-0.340.990.780.790.920.930.910.70.70.91
0.990.770.930.920.970.980.830.30.980.120.30.990.220.990.93-0.231.00.770.80.90.940.940.650.650.9
0.770.770.840.640.710.680.630.580.730.550.580.710.310.780.76-0.370.820.820.50.590.770.590.330.330.72
0.920.930.840.840.850.850.770.540.890.290.540.880.270.880.85-0.30.940.880.890.80.850.780.520.520.88
0.960.920.640.840.90.910.970.210.970.10.210.950.390.920.88-0.450.920.70.760.930.850.860.780.780.88
0.960.970.710.850.90.960.80.250.960.090.250.990.110.970.94-0.120.960.730.720.830.920.980.720.720.88
0.970.980.680.850.910.960.830.110.980.020.110.980.180.980.91-0.20.970.630.740.930.920.960.680.680.88
0.90.830.630.770.970.80.830.180.910.10.180.870.540.850.81-0.650.850.640.640.910.790.740.730.730.82
0.310.30.580.540.210.250.110.180.20.491.00.240.230.250.29-0.190.350.830.430.030.280.080.00.00.29
0.990.980.730.890.970.960.980.910.20.110.20.990.290.980.92-0.330.980.70.760.940.920.930.720.720.91
0.160.120.550.290.10.090.020.10.490.110.490.070.180.120.08-0.180.180.390.080.040.06-0.020.180.180.16
0.310.30.580.540.210.250.110.181.00.20.490.240.230.250.29-0.190.350.830.430.030.280.080.00.00.29
0.990.990.710.880.950.990.980.870.240.990.070.240.220.980.94-0.240.980.730.770.90.910.960.740.740.89
0.30.220.310.270.390.110.180.540.230.290.180.230.220.250.18-0.880.260.290.160.410.180.030.30.30.14
0.980.990.780.880.920.970.980.850.250.980.120.250.980.250.93-0.270.990.730.70.890.950.940.670.670.88
0.930.930.760.850.880.940.910.810.290.920.080.290.940.180.93-0.230.930.750.680.80.890.890.650.650.81
-0.34-0.23-0.37-0.3-0.45-0.12-0.2-0.65-0.19-0.33-0.18-0.19-0.24-0.88-0.27-0.23-0.28-0.3-0.15-0.44-0.23-0.01-0.23-0.23-0.29
0.991.00.820.940.920.960.970.850.350.980.180.350.980.260.990.93-0.280.80.780.890.940.910.640.640.9
0.780.770.820.880.70.730.630.640.830.70.390.830.730.290.730.75-0.30.80.720.530.730.590.420.420.72
0.790.80.50.890.760.720.740.640.430.760.080.430.770.160.70.68-0.150.780.720.730.640.710.520.520.75
0.920.90.590.80.930.830.930.910.030.940.040.030.90.410.890.8-0.440.890.530.730.790.840.70.70.8
0.930.940.770.850.850.920.920.790.280.920.060.280.910.180.950.89-0.230.940.730.640.790.870.490.490.9
0.910.940.590.780.860.980.960.740.080.93-0.020.080.960.030.940.89-0.010.910.590.710.840.870.710.710.82
0.70.650.330.520.780.720.680.730.00.720.180.00.740.30.670.65-0.230.640.420.520.70.490.711.00.6
0.70.650.330.520.780.720.680.730.00.720.180.00.740.30.670.65-0.230.640.420.520.70.490.711.00.6
0.910.90.720.880.880.880.880.820.290.910.160.290.890.140.880.81-0.290.90.720.750.80.90.820.60.6
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Equifax Account Relationship Matchups

Equifax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B9.6B11.0B11.5B12.3B12.9B
Short Long Term Debt Total3.4B4.4B5.3B5.8B5.7B6.0B
Other Current Liab1.1B1.1B1.1B664.3M716.6M752.4M
Total Current Liabilities1.4B2.5B2.3B2.0B2.0B2.1B
Total Stockholder Equity2.6B3.2B3.6B4.0B4.5B4.8B
Property Plant And Equipment Net947.6M1.1B1.3B1.6B1.8B1.9B
Net Debt3.0B2.7B5.1B5.5B5.5B5.8B
Retained Earnings4.1B4.2B4.8B5.3B5.6B5.9B
Cash401.3M1.7B224.7M285.2M216.8M162.5M
Non Current Assets Total6.7B7.1B9.9B10.2B10.9B11.5B
Non Currrent Assets Other304.2M405.6M353.1M(241.6M)207.1M169.1M
Cash And Short Term Investments401.3M1.7B224.7M285.2M216.8M162.5M
Net Receivables532.1M630.6M727.6M857.7M908.2M953.6M
Liabilities And Stockholders Equity7.9B9.6B11.0B11.5B12.3B12.9B
Non Current Liabilities Total3.9B3.9B5.1B5.6B5.6B5.9B
Other Current Assets187.9M163.1M168.6M227.6M231.3M242.9M
Other Stockholder Equity(1.2B)(1.1B)(1.1B)(1.1B)(879.9M)(835.9M)
Total Liab5.3B6.4B7.4B7.6B7.6B8.0B
Total Current Assets1.2B2.5B1.1B1.4B1.4B1.4B
Short Term Debt3.1M1.1B824.8M967.2M995.3M1.0B
Intangible Assets1.1B1.1B2.0B1.9B2.0B2.1B
Accounts Payable148.3M159.1M211.6M250.8M197.6M207.5M
Property Plant And Equipment Gross947.6M1.1B2.3B2.7B3.1B3.2B
Accumulated Other Comprehensive Income(631.6M)(171.4M)(295.4M)(473.7M)(431.2M)(452.8M)
Other Liab467.3M641.1M678.3M663.9M763.5M801.7M
Other Assets304.2M153M5.9B293.2M337.2M467.4M
Long Term Debt3.4B3.3B4.5B4.8B4.7B5.0B
Good Will4.3B4.5B6.3B6.4B6.8B7.2B
Treasury Stock(2.6B)(2.5B)(2.6B)(2.7B)(2.4B)(2.5B)
Property Plant Equipment947.6M1.1B1.3B1.6B1.8B1.9B
Inventory88.1M104.1M108.4M134.3M1.00.95
Current Deferred Revenue104M108.3M121.3M132.9M109.5M82.4M
Net Tangible Assets(2.9B)(2.4B)(4.7B)(4.3B)(3.9B)(3.7B)
Noncontrolling Interest In Consolidated Entity47.9M44.3M41.9M16.8M19.3M18.4M
Retained Earnings Total Equity4.1B4.2B4.8B5.3B6.0B4.3B

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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.