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 Long Term Debt 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.
Long Term Debt vs Accumulated Depreciation
Long Term Debt vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Equifax Long Term Debt account and
Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Equifax's Long Term Debt and Accumulated Depreciation is -0.94. Overlapping area represents the amount of variation of Long Term Debt 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 Long Term Debt 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 Long Term Debt 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 Long Term Debt i.e., Equifax's Long Term Debt and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Equifax has held for over one year. Long-term debt appears on Equifax 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 Equifax 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.
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.
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.