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 Change To Account Receivables and its Net Income 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.
Change To Account Receivables vs Net Income
Change To Account Receivables vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EPL Limited Change To Account Receivables account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EPL's Change To Account Receivables and Net Income is 0.54. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Income 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 Change To Account Receivables and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of EPL Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Account Receivables i.e., EPL's Change To Account Receivables and Net Income go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Account Receivables
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in EPL Limited financial statement analysis. It represents the amount of money remaining after all of EPL Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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
Click cells to compare fundamentals
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.