ELF Depreciation And Amortization vs Income Tax Expense Analysis
| ELF Stock | USD 127.15 2.86 2.30% |
ELF Beauty financial indicator trend analysis is much more than just examining ELF Beauty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ELF Beauty is a good investment. Please check the relationship between ELF Beauty Depreciation And Amortization and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ELF Beauty Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ELF Beauty's Depreciation And Amortization and Income Tax Expense is 0.4. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of ELF Beauty, assuming nothing else is changed. The correlation between historical values of ELF Beauty's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of ELF Beauty are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., ELF Beauty's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Tax Expense
Most indicators from ELF Beauty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ELF Beauty 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 ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.The current Tax Provision is estimated to decrease to about 6.2 M. The current Selling General Administrative is estimated to decrease to about 157.2 M
| 2020 | 2021 | 2022 | 2023 (projected) | Gross Profit | 206.2M | 251.7M | 390.4M | 724.1M | Total Revenue | 318.1M | 392.2M | 578.8M | 1.0B |
ELF Beauty fundamental ratios Correlations
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ELF Beauty Account Relationship Matchups
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ELF Beauty fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 435.9M | 453.1M | 487.4M | 494.6M | 595.6M | 1.1B | |
| Short Long Term Debt Total | 150.4M | 149.9M | 146.6M | 112.6M | 77.7M | 290.6M | |
| Other Current Liab | 1.9M | 1.0M | (10.7M) | 20.8M | 36.7M | 23.8M | |
| Total Current Liabilities | 43.0M | 51.1M | 73.3M | 65.0M | 108.0M | 299.1M | |
| Total Stockholder Equity | 229.3M | 242.2M | 269.6M | 312.4M | 411.0M | 642.6M | |
| Other Liab | 23.0M | 22.5M | 14.1M | 10.4M | 20.7M | 18.2M | |
| Net Tangible Assets | (37.6M) | (41.7M) | (6.0M) | 54.6M | 161.4M | (39.5M) | |
| Net Debt | 99.2M | 103.7M | 88.9M | 69.3M | (43.1M) | 182.4M | |
| Retained Earnings | (511.5M) | (511.5M) | (505.3M) | (483.5M) | (422.0M) | (294.3M) | |
| Accounts Payable | 20.5M | 12.4M | 15.7M | 19.2M | 31.4M | 81.1M | |
| Cash | 51.2M | 46.2M | 57.8M | 43.4M | 120.8M | 108.2M | |
| Non Currrent Assets Other | 13.4M | 27.0M | 34.7M | 30.4M | 31.9M | 45.1M | |
| Other Assets | 2.5M | 1.1M | 1.2M | 30.4M | 17.6M | 2.4M | |
| Long Term Debt | 140.5M | 123.9M | 110.3M | 91.1M | 60.9M | 161.8M | |
| Cash And Short Term Investments | 51.2M | 46.2M | 57.8M | 43.4M | 120.8M | 108.2M | |
| Net Receivables | 36.7M | 29.7M | 40.2M | 45.6M | 67.9M | 123.8M | |
| Common Stock Shares Outstanding | 48.7M | 50.8M | 52.0M | 53.7M | 55.3M | 57.8M | |
| Long Term Debt Total | 140.5M | 126.1M | 110.3M | 91.1M | 60.9M | 101.0M | |
| Liabilities And Stockholders Equity | 435.9M | 453.1M | 487.4M | 494.6M | 595.6M | 1.1B | |
| Capital Surpluse | 740.4M | 753.2M | 774.4M | 795.4M | 832.5M | 687.1M | |
| Inventory | 46.3M | 46.2M | 56.8M | 84.5M | 81.3M | 191.5M | |
| Other Current Assets | 7.5M | 10.3M | 15.4M | 19.6M | 33.3M | 53.6M | |
| Total Liab | 206.5M | 210.9M | 217.7M | 182.2M | 184.6M | 486.7M | |
| Property Plant And Equipment Gross | 21.8M | 17.2M | 13.8M | 35.1M | 31.9M | 38.9M | |
| Short Long Term Debt | 9.9M | 12.6M | 16.3M | 5.8M | 5.6M | 100.3M | |
| Total Current Assets | 141.7M | 132.4M | 170.1M | 193.0M | 303.3M | 477.1M | |
| Short Term Debt | 9.9M | 12.6M | 16.3M | 5.8M | 5.6M | 107.3M | |
| Intangible Assets | 98.8M | 102.4M | 94.3M | 86.2M | 78.0M | 225.1M | |
| Common Stock | 478K | 489K | 504K | 515K | 535K | 555K | |
| Property Plant Equipment | 21.8M | 32.9M | 37.6M | 10.6M | 7.9M | 19.7M | |
| Property Plant And Equipment Net | 17.2M | 13.8M | 10.6M | 7.9M | 41.4M | 43.5M | |
| Current Deferred Revenue | 10.8M | 25.1M | 36.4M | 5.8M | 6.7M | 6.4M | |
| Non Current Assets Total | 294.1M | 320.7M | 317.2M | 301.6M | 292.3M | 652.2M | |
| Non Current Liabilities Total | 163.5M | 159.8M | 144.4M | 117.2M | 76.6M | 187.6M | |
| Other Stockholder Equity | 753.2M | 774.4M | 795.4M | 832.5M | 936.4M | 689.3M | |
| Common Stock Total Equity | 478K | 489K | 504K | 515K | 535K | 528.1K | |
| Non Current Liabilities Other | 2.8M | 591K | 598K | 16.5M | 784K | 616K |
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When determining whether ELF Beauty is a strong investment it is important to analyze ELF Beauty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ELF Beauty's future performance. For an informed investment choice regarding ELF Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ELF Beauty. If investors know ELF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ELF Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Earnings Share 1.84 | Revenue Per Share 21.846 | Quarterly Revenue Growth 0.397 | Return On Assets 0.0812 |
The market value of ELF Beauty is measured differently than its book value, which is the value of ELF that is recorded on the company's balance sheet. Investors also form their own opinion of ELF Beauty's value that differs from its market value or its book value, called intrinsic value, which is ELF Beauty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ELF Beauty's market value can be influenced by many factors that don't directly affect ELF Beauty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ELF Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELF Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELF Beauty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.