EPL Stock | | | 276.50 0.45 0.16% |
EPL financial indicator trend analysis is much more than just examining EPL Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EPL Limited is a good investment. Please check the relationship between EPL Cash and its Cash And Short Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPL Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EPL Limited Cash account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EPL's Cash and Cash And Short Term Investments is 0.89. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of EPL Limited, assuming nothing else is changed. The correlation between historical values of EPL's Cash and Cash 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 Cash of EPL Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., EPL's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of EPL Limited, which is listed under current asset account on EPL Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EPL customers. The amounts must be unrestricted with restricted cash listed in a different EPL account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of EPL Limited balance sheet. This account contains EPL investments that will expire within one year. These investments include stocks and bonds that can be liquidated by EPL Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from EPL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EPL Limited 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 EPL Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 464
M. In addition to that,
Tax Provision is expected to decline to about 566.5
MEPL fundamental ratios Correlations
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EPL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EPL 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.
Other Information on Investing in EPL Stock
Balance Sheet is a snapshot of the
financial position of EPL Limited at a specified time, usually calculated after every quarter, six months, or one year. EPL Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EPL and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which EPL currently owns. An asset can also be divided into two categories, current and non-current.