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 Reconciled Depreciation and its Total Revenue 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.
Reconciled Depreciation vs Total Revenue
Reconciled Depreciation vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ePlus inc Reconciled Depreciation account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between EPlus' Reconciled Depreciation and Total Revenue is 0.75. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Revenue in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Reconciled Depreciation and Total 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 Reconciled Depreciation of ePlus inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Reconciled Depreciation i.e., EPlus' Reconciled Depreciation and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Reconciled Depreciation
Total Revenue
Total revenue comprises all receipts ePlus inc 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.
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 |
EPlus fundamental ratios Correlations
Click cells to compare fundamentals
EPlus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EPlus fundamental ratios Accounts
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Additional Tools for EPlus Stock Analysis
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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.