ELF Current Deferred Revenue vs Total Assets Analysis
ELF Stock | USD 122.47 3.47 2.92% |
ELF Beauty financial indicator trend analysis is much more than just examining ELF Beauty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ELF Beauty is a good investment. Please check the relationship between ELF Beauty Current Deferred Revenue and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.
Current Deferred Revenue vs Total Assets
Current Deferred Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ELF Beauty Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between ELF Beauty's Current Deferred Revenue and Total Assets is 0.02. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of ELF Beauty, assuming nothing else is changed. The correlation between historical values of ELF Beauty's Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of ELF Beauty are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., ELF Beauty's Current Deferred Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Assets
Total assets refers to the total amount of ELF Beauty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ELF Beauty books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from ELF Beauty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ELF Beauty 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 ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.The current Tax Provision is estimated to decrease to about 6.2 M. The current Selling General Administrative is estimated to decrease to about 157.2 M
2020 | 2021 | 2022 | 2023 (projected) | Gross Profit | 206.2M | 251.7M | 390.4M | 724.1M | Total Revenue | 318.1M | 392.2M | 578.8M | 1.0B |
ELF Beauty fundamental ratios Correlations
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ELF Beauty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ELF Beauty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 435.9M | 453.1M | 487.4M | 494.6M | 595.6M | 1.1B | |
Short Long Term Debt Total | 150.4M | 149.9M | 146.6M | 112.6M | 77.7M | 290.6M | |
Other Current Liab | 1.9M | 1.0M | (10.7M) | 20.8M | 36.7M | 23.8M | |
Total Current Liabilities | 43.0M | 51.1M | 73.3M | 65.0M | 108.0M | 299.1M | |
Total Stockholder Equity | 229.3M | 242.2M | 269.6M | 312.4M | 411.0M | 642.6M | |
Other Liab | 23.0M | 22.5M | 14.1M | 10.4M | 20.7M | 18.2M | |
Net Tangible Assets | (37.6M) | (41.7M) | (6.0M) | 54.6M | 161.4M | (39.5M) | |
Net Debt | 99.2M | 103.7M | 88.9M | 69.3M | (43.1M) | 182.4M | |
Retained Earnings | (511.5M) | (511.5M) | (505.3M) | (483.5M) | (422.0M) | (294.3M) | |
Accounts Payable | 20.5M | 12.4M | 15.7M | 19.2M | 31.4M | 81.1M | |
Cash | 51.2M | 46.2M | 57.8M | 43.4M | 120.8M | 108.2M | |
Non Currrent Assets Other | 13.4M | 27.0M | 34.7M | 30.4M | 31.9M | 45.1M | |
Other Assets | 2.5M | 1.1M | 1.2M | 30.4M | 17.6M | 2.4M | |
Long Term Debt | 140.5M | 123.9M | 110.3M | 91.1M | 60.9M | 161.8M | |
Cash And Short Term Investments | 51.2M | 46.2M | 57.8M | 43.4M | 120.8M | 108.2M | |
Net Receivables | 36.7M | 29.7M | 40.2M | 45.6M | 67.9M | 123.8M | |
Common Stock Shares Outstanding | 48.7M | 50.8M | 52.0M | 53.7M | 55.3M | 57.8M | |
Long Term Debt Total | 140.5M | 126.1M | 110.3M | 91.1M | 60.9M | 101.0M | |
Liabilities And Stockholders Equity | 435.9M | 453.1M | 487.4M | 494.6M | 595.6M | 1.1B | |
Capital Surpluse | 740.4M | 753.2M | 774.4M | 795.4M | 832.5M | 687.1M | |
Inventory | 46.3M | 46.2M | 56.8M | 84.5M | 81.3M | 191.5M | |
Other Current Assets | 7.5M | 10.3M | 15.4M | 19.6M | 33.3M | 53.6M | |
Total Liab | 206.5M | 210.9M | 217.7M | 182.2M | 184.6M | 486.7M | |
Property Plant And Equipment Gross | 21.8M | 17.2M | 13.8M | 35.1M | 31.9M | 38.9M | |
Short Long Term Debt | 9.9M | 12.6M | 16.3M | 5.8M | 5.6M | 100.3M | |
Total Current Assets | 141.7M | 132.4M | 170.1M | 193.0M | 303.3M | 477.1M | |
Short Term Debt | 9.9M | 12.6M | 16.3M | 5.8M | 5.6M | 107.3M | |
Intangible Assets | 98.8M | 102.4M | 94.3M | 86.2M | 78.0M | 225.1M | |
Common Stock | 478K | 489K | 504K | 515K | 535K | 555K | |
Property Plant Equipment | 21.8M | 32.9M | 37.6M | 10.6M | 7.9M | 19.7M | |
Property Plant And Equipment Net | 17.2M | 13.8M | 10.6M | 7.9M | 41.4M | 43.5M | |
Current Deferred Revenue | 10.8M | 25.1M | 36.4M | 5.8M | 6.7M | 6.4M | |
Non Current Assets Total | 294.1M | 320.7M | 317.2M | 301.6M | 292.3M | 652.2M | |
Non Current Liabilities Total | 163.5M | 159.8M | 144.4M | 117.2M | 76.6M | 187.6M | |
Other Stockholder Equity | 753.2M | 774.4M | 795.4M | 832.5M | 936.4M | 689.3M | |
Common Stock Total Equity | 478K | 489K | 504K | 515K | 535K | 528.1K | |
Non Current Liabilities Other | 2.8M | 591K | 598K | 16.5M | 784K | 616K |
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When determining whether ELF Beauty is a strong investment it is important to analyze ELF Beauty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ELF Beauty's future performance. For an informed investment choice regarding ELF Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ELF Beauty. If investors know ELF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ELF Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Earnings Share 1.85 | Revenue Per Share 21.846 | Quarterly Revenue Growth 0.397 | Return On Assets 0.0812 |
The market value of ELF Beauty is measured differently than its book value, which is the value of ELF that is recorded on the company's balance sheet. Investors also form their own opinion of ELF Beauty's value that differs from its market value or its book value, called intrinsic value, which is ELF Beauty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ELF Beauty's market value can be influenced by many factors that don't directly affect ELF Beauty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ELF Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELF Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELF Beauty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.