EFX Stock | | | USD 261.56 0.37 0.14% |
Equifax financial indicator trend analysis is much more than just examining Equifax latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equifax is a good investment. Please check the relationship between Equifax Current Deferred Revenue and its Accounts Payable accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equifax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Equifax Stock please use our
How to Invest in Equifax guide.
Current Deferred Revenue vs Accounts Payable
Current Deferred Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Equifax Current Deferred Revenue account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Equifax's Current Deferred Revenue and Accounts Payable is 0.76. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Equifax, assuming nothing else is changed. The correlation between historical values of Equifax's Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Equifax are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Equifax's Current Deferred Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Accounts Payable
An accounting item on the balance sheet that represents Equifax obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Equifax are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Equifax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equifax 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 Equifax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Equifax Stock please use our
How to Invest in Equifax guide.
Enterprise Value is likely to rise to about 3.1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 729.9
M in 2024.
Equifax fundamental ratios Correlations
Click cells to compare fundamentals
Equifax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equifax fundamental ratios Accounts
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Additional Tools for Equifax Stock Analysis
When running Equifax's price analysis, check to
measure Equifax'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 Equifax is operating at the current time. Most of Equifax's value examination focuses on studying past and present price action to
predict the probability of Equifax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equifax's price. Additionally, you may evaluate how the addition of Equifax to your portfolios can decrease your overall portfolio volatility.