| EZPW Stock | | | USD 12.60 0.51 4.22% |
EZCORP financial indicator trend analysis is much more than just examining EZCORP Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EZCORP Inc is a good investment. Please check the relationship between EZCORP Total Current Liabilities and its Current Deferred Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP Inc. 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.
Total Current Liabilities vs Current Deferred Revenue
Total Current Liabilities vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EZCORP Inc Total Current Liabilities account and
Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between EZCORP's Total Current Liabilities and Current Deferred Revenue is 0.69. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of EZCORP Inc, assuming nothing else is changed. The correlation between historical values of EZCORP's Total Current Liabilities and Current Deferred Revenue 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 Current Liabilities of EZCORP Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., EZCORP's Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.69 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on EZCORP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of EZCORP Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.
Most indicators from EZCORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EZCORP Inc 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 EZCORP Inc. 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.
At this time, EZCORP's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 34.1
M in 2024, whereas
Discontinued Operations is likely to drop (551.8
K) in 2024.
EZCORP fundamental ratios Correlations
Click cells to compare fundamentals
EZCORP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EZCORP fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for EZCORP Stock Analysis
When running EZCORP's price analysis, check to
measure EZCORP'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 EZCORP is operating at the current time. Most of EZCORP's value examination focuses on studying past and present price action to
predict the probability of EZCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EZCORP's price. Additionally, you may evaluate how the addition of EZCORP to your portfolios can decrease your overall portfolio volatility.