Exponent Total Revenue vs Long Term Debt Analysis
| EXPO Stock | USD 98.04 2.17 2.26% |
Exponent financial indicator trend analysis is much more than just examining Exponent latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exponent is a good investment. Please check the relationship between Exponent Total Revenue and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exponent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Exponent Stock, please use our How to Invest in Exponent guide.
Total Revenue vs Long Term Debt
Total Revenue vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exponent Total Revenue account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Exponent's Total Revenue and Long Term Debt is -0.16. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Exponent, assuming nothing else is changed. The correlation between historical values of Exponent's Total Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Exponent are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Revenue i.e., Exponent's Total Revenue and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Exponent generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Long Term Debt
Long-term debt is a debt that Exponent has held for over one year. Long-term debt appears on Exponent balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Exponent balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Exponent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exponent 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 Exponent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Exponent Stock, please use our How to Invest in Exponent guide.At this time, Exponent's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 53.30, while Selling General Administrative is likely to drop about 23.2 M.
| 2021 | 2023 | 2024 (projected) | Interest Expense | 23.4M | 2.4M | 4.6M | Depreciation And Amortization | 6.5M | 8.9M | 5.6M |
Exponent fundamental ratios Correlations
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Exponent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Exponent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exponent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exponent will appreciate offsetting losses from the drop in the long position's value.Moving together with Exponent Stock
Moving against Exponent Stock
| 0.56 | VRSK | Verisk Analytics | PairCorr |
| 0.54 | SQ | Block Inc | PairCorr |
| 0.52 | LZ | LegalZoom | PairCorr |
| 0.51 | WM | Waste Management | PairCorr |
| 0.44 | DRVN | Driven Brands Holdings | PairCorr |
The ability to find closely correlated positions to Exponent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exponent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exponent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Exponent to buy it.
The correlation of Exponent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exponent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exponent moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exponent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exponent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Exponent Stock, please use our How to Invest in Exponent guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Research & Consulting Services 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 Exponent. If investors know Exponent 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 Exponent 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 0.043 | Dividend Share 1.1 | Earnings Share 2.06 | Revenue Per Share 9.957 | Quarterly Revenue Growth 0.001 |
The market value of Exponent is measured differently than its book value, which is the value of Exponent that is recorded on the company's balance sheet. Investors also form their own opinion of Exponent's value that differs from its market value or its book value, called intrinsic value, which is Exponent'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 Exponent's market value can be influenced by many factors that don't directly affect Exponent'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 Exponent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exponent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exponent'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.