EPlus Gross Profit vs Operating Income Analysis

PLUS Stock

USD 82.47 2.14 2.66%

EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Gross Profit and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus 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 employment.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between EPlus' Gross Profit and Operating Income is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Gross Profit and Operating 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 Gross Profit of ePlus inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., EPlus' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ePlus inc minus its cost of goods sold. It is profit before EPlus operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from ePlus inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ePlus inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus 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 employment.

At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	461.0M	517.5M	510.8M	536.3M
Total Revenue	1.8B	2.1B	2.2B	2.3B

Gross Profit Total Revenue

EPlus fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Other Assets	Long Term Debt	Good Will
Total Assets		0.5	0.94	0.99	1.0	0.09	-0.55	0.99	0.93	0.91	0.82	0.51	0.91	0.99	0.11	0.8	0.84	0.7	0.86	1.0	0.74	1.0	0.85	0.88	-0.59	0.94
Short Long Term Debt Total	0.5		0.6	0.56	0.47	0.2	0.35	0.47	0.19	0.41	0.5	-0.11	0.4	0.54	0.38	0.19	0.39	0.14	0.4	0.52	0.13	0.51	0.07	0.06	-0.63	0.49
Other Current Liab	0.94	0.6		0.93	0.94	0.21	-0.34	0.92	0.79	0.78	0.79	0.3	0.77	0.93	0.09	0.76	0.89	0.73	0.87	0.93	0.67	0.94	0.81	0.81	-0.59	0.91
Total Current Liabilities	0.99	0.56	0.93		0.98	0.03	-0.51	0.96	0.91	0.91	0.81	0.47	0.91	0.99	0.14	0.74	0.82	0.66	0.86	1.0	0.68	0.99	0.79	0.82	-0.63	0.92
Total Stockholder Equity	1.0	0.47	0.94	0.98		0.11	-0.56	0.99	0.92	0.9	0.82	0.52	0.9	0.99	0.09	0.81	0.85	0.7	0.86	0.99	0.75	0.99	0.87	0.89	-0.58	0.95
Property Plant And Equipment Net	0.09	0.2	0.21	0.03	0.11		0.07	0.1	-0.08	0.07	0.27	-0.02	0.07	0.1	0.3	0.28	0.01	0.35	0.12	0.05	0.43	0.06	0.22	0.05	-0.25	0.11
Net Debt	-0.55	0.35	-0.34	-0.51	-0.56	0.07		-0.55	-0.77	-0.71	-0.35	-0.8	-0.72	-0.52	0.2	-0.59	-0.35	-0.51	-0.48	-0.54	-0.7	-0.55	-0.7	-0.75	0.01	-0.46
Retained Earnings	0.99	0.47	0.92	0.96	0.99	0.1	-0.55		0.91	0.89	0.81	0.56	0.89	0.99	0.12	0.83	0.8	0.68	0.77	0.97	0.76	0.98	0.85	0.88	-0.56	0.93
Accounts Payable	0.93	0.19	0.79	0.91	0.92	-0.08	-0.77	0.91		0.89	0.71	0.63	0.9	0.91	0.07	0.81	0.76	0.72	0.78	0.93	0.74	0.92	0.88	0.93	-0.46	0.82
Cash	0.91	0.41	0.78	0.91	0.9	0.07	-0.71	0.89	0.89		0.68	0.7	1.0	0.91	0.09	0.7	0.63	0.61	0.76	0.92	0.78	0.92	0.73	0.78	-0.48	0.81
Non Current Assets Total	0.82	0.5	0.79	0.81	0.82	0.27	-0.35	0.81	0.71	0.68		0.24	0.69	0.83	0.25	0.77	0.63	0.47	0.71	0.81	0.51	0.79	0.73	0.65	-0.66	0.86
Non Currrent Assets Other	0.51	-0.11	0.3	0.47	0.52	-0.02	-0.8	0.56	0.63	0.7	0.24		0.71	0.52	-0.05	0.59	0.26	0.36	0.29	0.51	0.74	0.53	0.48	0.62	0.04	0.37
Cash And Short Term Investments	0.91	0.4	0.77	0.91	0.9	0.07	-0.72	0.89	0.9	1.0	0.69	0.71		0.91	0.1	0.7	0.63	0.6	0.76	0.92	0.79	0.92	0.74	0.78	-0.48	0.81
Net Receivables	0.99	0.54	0.93	0.99	0.99	0.1	-0.52	0.99	0.91	0.91	0.83	0.52	0.91		0.15	0.79	0.79	0.67	0.82	0.99	0.73	0.99	0.82	0.84	-0.61	0.94
Common Stock Shares Outstanding	0.11	0.38	0.09	0.14	0.09	0.3	0.2	0.12	0.07	0.09	0.25	-0.05	0.1	0.15		0.12	-0.02	0.05	-0.02	0.13	0.07	0.1	-0.03	-0.14	-0.73	-0.05
Non Current Liabilities Total	0.8	0.19	0.76	0.74	0.81	0.28	-0.59	0.83	0.81	0.7	0.77	0.59	0.7	0.79	0.12		0.67	0.75	0.62	0.78	0.79	0.79	0.84	0.87	-0.32	0.73
Inventory	0.84	0.39	0.89	0.82	0.85	0.01	-0.35	0.8	0.76	0.63	0.63	0.26	0.63	0.79	-0.02	0.67		0.69	0.86	0.82	0.55	0.85	0.75	0.81	-0.44	0.77
Other Current Assets	0.7	0.14	0.73	0.66	0.7	0.35	-0.51	0.68	0.72	0.61	0.47	0.36	0.6	0.67	0.05	0.75	0.69		0.64	0.69	0.82	0.7	0.8	0.8	-0.34	0.56
Other Stockholder Equity	0.86	0.4	0.87	0.86	0.86	0.12	-0.48	0.77	0.78	0.76	0.71	0.29	0.76	0.82	-0.02	0.62	0.86	0.64		0.86	0.59	0.86	0.79	0.77	-0.53	0.84
Total Liab	1.0	0.52	0.93	1.0	0.99	0.05	-0.54	0.97	0.93	0.92	0.81	0.51	0.92	0.99	0.13	0.78	0.82	0.69	0.86		0.71	1.0	0.82	0.85	-0.6	0.92
Property Plant And Equipment Gross	0.74	0.13	0.67	0.68	0.75	0.43	-0.7	0.76	0.74	0.78	0.51	0.74	0.79	0.73	0.07	0.79	0.55	0.82	0.59	0.71		0.74	0.79	0.81	-0.3	0.62
Total Current Assets	1.0	0.51	0.94	0.99	0.99	0.06	-0.55	0.98	0.92	0.92	0.79	0.53	0.92	0.99	0.1	0.79	0.85	0.7	0.86	1.0	0.74		0.83	0.87	-0.57	0.92
Other Liab	0.85	0.07	0.81	0.79	0.87	0.22	-0.7	0.85	0.88	0.73	0.73	0.48	0.74	0.82	-0.03	0.84	0.75	0.8	0.79	0.82	0.79	0.83		0.95	-0.41	0.84
Other Assets	0.88	0.06	0.81	0.82	0.89	0.05	-0.75	0.88	0.93	0.78	0.65	0.62	0.78	0.84	-0.14	0.87	0.81	0.8	0.77	0.85	0.81	0.87	0.95		-0.27	0.81
Long Term Debt	-0.59	-0.63	-0.59	-0.63	-0.58	-0.25	0.01	-0.56	-0.46	-0.48	-0.66	0.04	-0.48	-0.61	-0.73	-0.32	-0.44	-0.34	-0.53	-0.6	-0.3	-0.57	-0.41	-0.27		-0.53
Good Will	0.94	0.49	0.91	0.92	0.95	0.11	-0.46	0.93	0.82	0.81	0.86	0.37	0.81	0.94	-0.05	0.73	0.77	0.56	0.84	0.92	0.62	0.92	0.84	0.81	-0.53

Click cells to compare fundamentals

EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	909.1M	1.1B	1.2B	1.4B	1.7B	1.7B
Short Long Term Debt Total	200.2M	172.8M	179.6M	175.0M	141.3M	136.5M
Other Current Liab	53.9M	58.5M	67.7M	96.3M	78.3M	82.2M
Total Current Liabilities	386.6M	459.4M	460.0M	561.3M	657.0M	689.8M
Total Stockholder Equity	486.1M	562.4M	660.7M	782.3M	901.8M	946.9M
Property Plant And Equipment Net	32.6M	42.3M	45.6M	16.6M	28.3M	15.6M
Net Debt	113.9M	43.3M	20.1M	71.9M	(111.7M)	(106.1M)
Retained Earnings	410.2M	484.6M	507.8M	627.2M	743.0M	780.1M
Accounts Payable	82.9M	165.2M	136.2M	220.2M	315.7M	331.5M
Cash	86.2M	129.6M	155.4M	103.1M	253.0M	265.7M
Non Current Assets Total	259.3M	299.2M	268.7M	261.2M	379.9M	211.7M
Non Currrent Assets Other	(13.1M)	7.1M	64.3M	(4.7M)	146.0M	153.3M
Cash And Short Term Investments	86.2M	129.6M	155.4M	103.1M	253.0M	265.7M
Net Receivables	481.7M	538.9M	540.5M	649.5M	794.1M	833.8M
Common Stock Shares Outstanding	26.8M	26.8M	26.9M	26.7M	26.7M	24.7M
Liabilities And Stockholders Equity	909.1M	1.1B	1.2B	1.4B	1.7B	1.7B
Non Current Liabilities Total	36.3M	55.0M	45.4M	71.2M	94.7M	61.3M
Inventory	50.3M	70.0M	155.1M	243.3M	139.7M	146.7M
Other Current Assets	9.3M	39.2M	13.9M	99.3M	86.7M	91.1M
Other Stockholder Equity	76.8M	77.0M	152.7M	153.2M	156.2M	164.1M
Total Liab	423.0M	514.4M	505.5M	632.6M	751.7M	789.3M
Property Plant And Equipment Gross	30.3M	27.0M	60.5M	59.2M	127.5M	133.8M
Total Current Assets	649.8M	777.6M	897.5M	1.1B	1.3B	1.3B
Accumulated Other Comprehensive Income	(991K)	655K	(124K)	1.6M	2.3M	2.4M
Other Liab	22.1M	31.6M	32.2M	49.7M	57.2M	60.0M
Other Assets	12.4M	27.6M	30.8M	58.5M	67.3M	70.7M
Long Term Debt	5.9M	18.3M	9.9M	9.5M	12.9M	12.3M
Good Will	118.1M	126.6M	126.5M	136.1M	161.5M	169.6M
Common Stock Total Equity	144K	145K	270K	272K	312.8K	328.4K
Intangible Assets	34.5M	38.6M	27.3M	25.0M	44.1M	24.5M
Common Stock	144K	145K	270K	272K	274K	152.9K
Property Plant Equipment	20.2M	16.2M	14.8M	26.5M	23.9M	16.4M
Treasury Stock	(68.4M)	(75.4M)	(6.7M)	(14.1M)	(12.7M)	(13.3M)
Current Deferred Revenue	55.5M	72.8M	86.5M	114.0M	134.6M	141.3M
Short Term Debt	194.3M	158.4M	169.7M	168.1M	128.4M	122.0M
Net Tangible Assets	333.6M	397.2M	660.7M	782.3M	899.6M	944.6M
Capital Surpluse	145.2M	152.4M	159.5M	167.3M	192.4M	144.3M
Deferred Long Term Liab	8.9M	11.0M	19.1M	715K	822.3K	781.1K
Non Current Liabilities Other	2.7M	5.3M	35.5M	61.0M	81.8M	85.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for EPlus Stock Analysis

When running EPlus' price analysis, check to measure EPlus' 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 EPlus is operating at the current time. Most of EPlus' value examination focuses on studying past and present price action to predict the probability of EPlus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPlus' price. Additionally, you may evaluate how the addition of EPlus to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC