Equifax Good Will vs Accumulated Depreciation Analysis

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 Good Will and its Accumulated Depreciation 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.

Good Will vs Accumulated Depreciation

Good Will vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equifax Good Will account and Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Equifax's Good Will and Accumulated Depreciation is -0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Equifax, assuming nothing else is changed. The correlation between historical values of Equifax's Good Will and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Equifax are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Good Will i.e., Equifax's Good Will and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Equifax fixed asset that has been charged to Equifax expense since that asset was acquired and made available for Equifax use. The accumulated depreciation account is Equifax asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Equifax.
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.
 2021 2022 2023 2024 (projected)
Gross Profit2.9B2.9B2.9B3.1B
Total Revenue4.9B5.1B5.3B5.5B

Equifax fundamental ratios Correlations

0.990.790.920.960.960.970.90.310.990.220.310.990.30.980.93-0.340.990.780.780.920.930.910.70.70.91
0.990.780.930.920.970.980.830.30.980.180.30.990.220.990.93-0.231.00.770.790.90.940.940.650.650.9
0.790.780.850.660.730.70.640.570.750.560.570.720.30.790.77-0.370.830.830.520.60.780.610.350.350.73
0.920.930.850.840.850.850.770.540.890.330.540.880.270.880.85-0.30.940.880.890.80.850.780.520.520.88
0.960.920.660.840.90.910.970.210.970.160.210.950.390.920.88-0.450.920.70.750.930.850.860.780.780.88
0.960.970.730.850.90.960.80.250.960.170.250.990.110.970.94-0.120.960.730.710.830.920.980.720.720.88
0.970.980.70.850.910.960.830.110.980.090.110.980.180.980.91-0.20.970.630.730.930.920.960.680.680.88
0.90.830.640.770.970.80.830.180.910.150.180.870.540.850.81-0.650.850.640.640.910.790.740.730.730.82
0.310.30.570.540.210.250.110.180.20.471.00.240.230.250.29-0.190.350.830.440.030.280.080.00.00.29
0.990.980.750.890.970.960.980.910.20.170.20.990.290.980.92-0.330.980.70.750.940.920.930.720.720.91
0.220.180.560.330.160.170.090.150.470.170.470.140.190.190.14-0.160.230.410.120.090.10.060.30.30.21
0.310.30.570.540.210.250.110.181.00.20.470.240.230.250.29-0.190.350.830.440.030.280.080.00.00.29
0.990.990.720.880.950.990.980.870.240.990.140.240.220.980.94-0.240.980.730.760.90.910.960.740.740.89
0.30.220.30.270.390.110.180.540.230.290.190.230.220.250.18-0.880.260.290.170.410.180.030.30.30.14
0.980.990.790.880.920.970.980.850.250.980.190.250.980.250.93-0.270.990.730.70.890.950.940.670.670.88
0.930.930.770.850.880.940.910.810.290.920.140.290.940.180.93-0.230.930.750.680.80.890.890.650.650.81
-0.34-0.23-0.37-0.3-0.45-0.12-0.2-0.65-0.19-0.33-0.16-0.19-0.24-0.88-0.27-0.23-0.28-0.3-0.15-0.44-0.23-0.01-0.23-0.23-0.29
0.991.00.830.940.920.960.970.850.350.980.230.350.980.260.990.93-0.280.80.770.890.940.910.640.640.9
0.780.770.830.880.70.730.630.640.830.70.410.830.730.290.730.75-0.30.80.720.530.730.590.420.420.72
0.780.790.520.890.750.710.730.640.440.750.120.440.760.170.70.68-0.150.770.720.720.640.70.50.50.75
0.920.90.60.80.930.830.930.910.030.940.090.030.90.410.890.8-0.440.890.530.720.790.840.70.70.8
0.930.940.780.850.850.920.920.790.280.920.10.280.910.180.950.89-0.230.940.730.640.790.870.490.490.9
0.910.940.610.780.860.980.960.740.080.930.060.080.960.030.940.89-0.010.910.590.70.840.870.710.710.82
0.70.650.350.520.780.720.680.730.00.720.30.00.740.30.670.65-0.230.640.420.50.70.490.711.00.6
0.70.650.350.520.780.720.680.730.00.720.30.00.740.30.670.65-0.230.640.420.50.70.490.711.00.6
0.910.90.730.880.880.880.880.820.290.910.210.290.890.140.880.81-0.290.90.720.750.80.90.820.60.6
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Equifax Account Relationship Matchups

Equifax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B9.6B11.0B11.5B12.3B12.9B
Short Long Term Debt Total3.4B4.4B5.3B5.8B5.7B6.0B
Other Current Liab1.1B1.1B1.1B664.3M748.5M785.9M
Total Current Liabilities1.4B2.5B2.3B2.0B2.0B2.1B
Total Stockholder Equity2.6B3.2B3.6B4.0B4.5B4.8B
Property Plant And Equipment Net947.6M1.1B1.3B1.6B1.8B1.9B
Net Debt3.0B2.7B5.1B5.5B5.5B5.8B
Retained Earnings4.1B4.2B4.8B5.3B5.6B5.9B
Cash401.3M1.7B224.7M285.2M216.8M162.5M
Non Current Assets Total6.7B7.1B9.9B10.2B10.9B11.5B
Non Currrent Assets Other304.2M405.6M353.1M(241.6M)306.2M171.1M
Cash And Short Term Investments401.3M1.7B224.7M285.2M216.8M162.5M
Net Receivables532.1M630.6M727.6M857.7M908.2M953.6M
Liabilities And Stockholders Equity7.9B9.6B11.0B11.5B12.3B12.9B
Non Current Liabilities Total3.9B3.9B5.1B5.6B5.6B5.9B
Other Current Assets187.9M163.1M168.6M227.6M231.3M242.9M
Other Stockholder Equity(1.2B)(1.1B)(1.1B)(1.1B)(879.9M)(835.9M)
Total Liab5.3B6.4B7.4B7.6B7.6B8.0B
Total Current Assets1.2B2.5B1.1B1.4B1.4B1.4B
Short Term Debt3.1M1.1B824.8M967.2M963.4M1.0B
Intangible Assets1.1B1.1B2.0B1.9B2.0B2.1B
Accounts Payable148.3M159.1M211.6M250.8M197.6M207.5M
Property Plant And Equipment Gross947.6M1.1B2.3B2.7B3.1B3.2B
Accumulated Other Comprehensive Income(631.6M)(171.4M)(295.4M)(473.7M)(431.2M)(452.8M)
Other Liab467.3M641.1M678.3M663.9M763.5M801.7M
Other Assets304.2M153M5.9B293.2M337.2M467.4M
Long Term Debt3.4B3.3B4.5B4.8B4.7B5.0B
Good Will4.3B4.5B6.3B6.4B6.8B7.2B
Treasury Stock(2.6B)(2.5B)(2.6B)(2.7B)(2.4B)(2.5B)
Property Plant Equipment947.6M1.1B1.3B1.6B1.8B1.9B
Inventory88.1M104.1M108.4M134.3M1.00.95
Current Deferred Revenue104M108.3M121.3M132.9M109.5M82.4M
Net Tangible Assets(2.9B)(2.4B)(4.7B)(4.3B)(3.9B)(3.7B)
Noncontrolling Interest In Consolidated Entity47.9M44.3M41.9M16.8M19.3M18.4M
Retained Earnings Total Equity4.1B4.2B4.8B5.3B6.0B4.3B

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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.