Corpay Long Term Debt vs Long Term Investments Analysis

CPAY Stock

381.18 0.56 0.15%

Corpay financial indicator trend analysis is way more than just evaluating Corpay Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corpay Inc is a good investment. Please check the relationship between Corpay Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay 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 nation.

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corpay Inc Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Corpay's Long Term Debt and Long Term Investments is 0.99. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Corpay Inc, assuming nothing else is changed. The correlation between historical values of Corpay's Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Corpay Inc are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Corpay's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Corpay Inc has held for over one year. Long-term debt appears on Corpay Inc 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 Corpay Inc 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.

Long Term Investments

Long Term Investments is an item on the asset side of Corpay balance sheet that represents investments Corpay Inc intends to hold for over a year. Corpay Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Corpay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corpay 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay 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 nation.

At this time, Corpay's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 19.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 415.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.3B	2.7B	2.9B	1.9B
Total Revenue	2.8B	3.4B	3.8B	2.5B

Gross Profit Total Revenue

Corpay 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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets
Total Assets		0.99	0.71	0.96	0.85	0.92	0.97	0.91	0.96	0.9	0.96	0.62	0.91	0.92	0.99	-0.25	0.99	0.73	0.36	-0.54	0.99	0.95	0.84	0.8	0.83	-0.34
Short Long Term Debt Total	0.99		0.66	0.97	0.76	0.91	0.99	0.93	0.96	0.91	0.93	0.69	0.91	0.93	0.95	-0.32	0.98	0.75	0.26	-0.55	1.0	0.96	0.89	0.74	0.82	-0.32
Other Current Liab	0.71	0.66		0.71	0.6	0.73	0.64	0.7	0.65	0.64	0.65	0.37	0.64	0.59	0.68	-0.55	0.67	0.84	0.86	-0.83	0.7	0.72	0.51	0.48	0.86	-0.78
Total Current Liabilities	0.96	0.97	0.71		0.68	0.96	0.96	0.96	0.95	0.9	0.86	0.72	0.91	0.95	0.9	-0.43	0.94	0.8	0.33	-0.65	0.98	0.99	0.9	0.62	0.81	-0.38
Total Stockholder Equity	0.85	0.76	0.6	0.68		0.68	0.73	0.6	0.79	0.75	0.93	0.21	0.75	0.71	0.91	0.14	0.8	0.41	0.36	-0.25	0.75	0.66	0.6	0.93	0.66	-0.26
Property Plant And Equipment Net	0.92	0.91	0.73	0.96	0.68		0.89	0.95	0.91	0.88	0.8	0.63	0.88	0.95	0.85	-0.42	0.88	0.81	0.37	-0.69	0.93	0.97	0.84	0.54	0.77	-0.4
Net Debt	0.97	0.99	0.64	0.96	0.73	0.89		0.91	0.94	0.84	0.92	0.69	0.84	0.92	0.95	-0.35	0.98	0.75	0.25	-0.56	0.99	0.94	0.86	0.74	0.81	-0.34
Retained Earnings	0.91	0.93	0.7	0.96	0.6	0.95	0.91		0.88	0.86	0.78	0.81	0.86	0.9	0.84	-0.48	0.91	0.84	0.38	-0.67	0.95	0.98	0.79	0.49	0.81	-0.35
Accounts Payable	0.96	0.96	0.65	0.95	0.79	0.91	0.94	0.88		0.9	0.92	0.63	0.9	0.92	0.94	-0.25	0.94	0.69	0.27	-0.52	0.96	0.93	0.85	0.76	0.78	-0.33
Cash	0.9	0.91	0.64	0.9	0.75	0.88	0.84	0.86	0.9		0.83	0.63	1.0	0.86	0.86	-0.22	0.87	0.66	0.27	-0.45	0.9	0.91	0.85	0.64	0.73	-0.24
Non Current Assets Total	0.96	0.93	0.65	0.86	0.93	0.8	0.92	0.78	0.92	0.83		0.46	0.83	0.84	0.99	-0.07	0.95	0.59	0.32	-0.39	0.92	0.83	0.76	0.93	0.78	-0.3
Non Currrent Assets Other	0.62	0.69	0.37	0.72	0.21	0.63	0.69	0.81	0.63	0.63	0.46		0.63	0.64	0.53	-0.56	0.66	0.68	0.09	-0.47	0.7	0.75	0.61	0.18	0.62	-0.15
Cash And Short Term Investments	0.91	0.91	0.64	0.91	0.75	0.88	0.84	0.86	0.9	1.0	0.83	0.63		0.86	0.87	-0.22	0.87	0.66	0.28	-0.45	0.9	0.91	0.85	0.64	0.73	-0.25
Net Receivables	0.92	0.93	0.59	0.95	0.71	0.95	0.92	0.9	0.92	0.86	0.84	0.64	0.86		0.87	-0.36	0.88	0.73	0.15	-0.61	0.93	0.93	0.92	0.62	0.76	-0.37
Good Will	0.99	0.95	0.68	0.9	0.91	0.85	0.95	0.84	0.94	0.86	0.99	0.53	0.87	0.87		-0.15	0.97	0.65	0.35	-0.45	0.95	0.88	0.79	0.88	0.81	-0.32
Common Stock Shares Outstanding	-0.25	-0.32	-0.55	-0.43	0.14	-0.42	-0.35	-0.48	-0.25	-0.22	-0.07	-0.56	-0.22	-0.36	-0.15		-0.27	-0.8	-0.37	0.87	-0.35	-0.45	-0.37	0.19	-0.61	0.74
Non Current Liabilities Total	0.99	0.98	0.67	0.94	0.8	0.88	0.98	0.91	0.94	0.87	0.95	0.66	0.87	0.88	0.97	-0.27		0.74	0.33	-0.51	0.98	0.93	0.8	0.79	0.82	-0.31
Inventory	0.73	0.75	0.84	0.8	0.41	0.81	0.75	0.84	0.69	0.66	0.59	0.68	0.66	0.73	0.65	-0.8	0.74		0.56	-0.92	0.78	0.83	0.63	0.32	0.91	-0.74
Other Current Assets	0.36	0.26	0.86	0.33	0.36	0.37	0.25	0.38	0.27	0.27	0.32	0.09	0.28	0.15	0.35	-0.37	0.33	0.56		-0.6	0.33	0.36	0.04	0.23	0.55	-0.61
Other Stockholder Equity	-0.54	-0.55	-0.83	-0.65	-0.25	-0.69	-0.56	-0.67	-0.52	-0.45	-0.39	-0.47	-0.45	-0.61	-0.45	0.87	-0.51	-0.92	-0.6		-0.59	-0.66	-0.53	-0.14	-0.8	0.88
Total Liab	0.99	1.0	0.7	0.98	0.75	0.93	0.99	0.95	0.96	0.9	0.92	0.7	0.9	0.93	0.95	-0.35	0.98	0.78	0.33	-0.59		0.98	0.86	0.72	0.83	-0.35
Total Current Assets	0.95	0.96	0.72	0.99	0.66	0.97	0.94	0.98	0.93	0.91	0.83	0.75	0.91	0.93	0.88	-0.45	0.93	0.83	0.36	-0.66	0.98		0.86	0.57	0.81	-0.37
Short Term Debt	0.84	0.89	0.51	0.9	0.6	0.84	0.86	0.79	0.85	0.85	0.76	0.61	0.85	0.92	0.79	-0.37	0.8	0.63	0.04	-0.53	0.86	0.86		0.57	0.68	-0.33
Intangible Assets	0.8	0.74	0.48	0.62	0.93	0.54	0.74	0.49	0.76	0.64	0.93	0.18	0.64	0.62	0.88	0.19	0.79	0.32	0.23	-0.14	0.72	0.57	0.57		0.61	-0.2
Common Stock	0.83	0.82	0.86	0.81	0.66	0.77	0.81	0.81	0.78	0.73	0.78	0.62	0.73	0.76	0.81	-0.61	0.82	0.91	0.55	-0.8	0.83	0.81	0.68	0.61		-0.74
Other Assets	-0.34	-0.32	-0.78	-0.38	-0.26	-0.4	-0.34	-0.35	-0.33	-0.24	-0.3	-0.15	-0.25	-0.37	-0.32	0.74	-0.31	-0.74	-0.61	0.88	-0.35	-0.37	-0.33	-0.2	-0.74

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Corpay Account Relationship Matchups

Corpay fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.2B	11.2B	13.4B	14.1B	15.5B	11.9B
Short Long Term Debt Total	5.1B	4.3B	6.0B	7.0B	6.7B	5.0B
Other Current Liab	1.4B	1.6B	2.3B	560.9M	3.0B	3.1B
Total Current Liabilities	4.5B	4.0B	5.3B	6.0B	6.8B	4.6B
Total Stockholder Equity	3.7B	3.4B	2.9B	2.5B	3.3B	3.3B
Property Plant And Equipment Net	284.1M	202.5M	236.3M	294.7M	429.7M	216.4M
Net Debt	3.5B	3.4B	4.5B	5.6B	5.3B	3.9B
Retained Earnings	4.7B	5.4B	6.3B	7.2B	8.2B	4.5B
Accounts Payable	1.2B	1.1B	1.4B	1.6B	1.6B	1.2B
Cash	1.7B	934.9M	1.5B	1.4B	1.4B	1.1B
Non Current Assets Total	7.6B	7.2B	7.9B	8.0B	8.4B	7.6B
Non Currrent Assets Other	108.2M	193.2M	213.9M	281.7M	162.1M	150.1M
Cash And Short Term Investments	1.7B	934.9M	1.5B	1.4B	1.4B	1.1B
Net Receivables	2.6B	2.1B	1.8B	3.4B	3.5B	2.3B
Good Will	4.8B	4.7B	5.1B	5.2B	5.6B	4.8B
Common Stock Shares Outstanding	90.1M	86.7M	84.1M	76.9M	74.4M	69.7M
Liabilities And Stockholders Equity	12.2B	11.2B	13.4B	14.1B	15.5B	11.9B
Non Current Liabilities Total	4.1B	3.9B	5.2B	5.5B	5.4B	4.1B
Other Current Assets	381.2M	1.7B	2.2B	(1.7B)	2.2B	2.3B
Other Stockholder Equity	(28.8M)	(698.5M)	(1.9B)	(3.2B)	(10.9B)	(10.3B)
Total Liab	8.5B	7.8B	10.5B	11.5B	12.2B	8.6B
Total Current Assets	4.6B	4.0B	5.5B	6.1B	7.1B	4.3B
Accumulated Other Comprehensive Income	(972.5M)	(1.4B)	(1.5B)	(1.5B)	(1.3B)	(1.4B)
Short Term Debt	1.8B	1.2B	1.5B	2.3B	2.1B	1.7B
Intangible Assets	2.3B	2.1B	2.3B	2.1B	2.1B	2.4B
Common Stock	124K	126K	127K	128K	129K	135.8K

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Corpay Long Term Debt vs Long Term Investments Analysis

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Long Term Debt

Long Term Investments

Corpay fundamental ratios Correlations

Corpay Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Corpay fundamental ratios Accounts

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Additional Tools for Corpay Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.92	Inventory
Other Stockholder Equity	- 0.83	Other Current Liab
Common Stock	- 0.8	Other Stockholder Equity
Inventory	- 0.8	Common Stock Shares Outstanding
Other Assets	- 0.78	Other Current Liab
Other Assets	- 0.74	Common Stock