Expensify Net Receivables vs Capital Lease Obligations Analysis
EXFY Stock | USD 3.26 0.01 0.31% |
Expensify financial indicator trend analysis is much more than just examining Expensify latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expensify is a good investment. Please check the relationship between Expensify Net Receivables and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expensify. 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 Expensify Stock please use our How to Invest in Expensify guide.
Net Receivables vs Capital Lease Obligations
Net Receivables vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expensify Net Receivables account and Capital Lease Obligations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Expensify's Net Receivables and Capital Lease Obligations is -0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Expensify, assuming nothing else is changed. The correlation between historical values of Expensify's Net Receivables and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Expensify are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Receivables i.e., Expensify's Net Receivables and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Receivables
Capital Lease Obligations
Expensify capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Expensify asset purchases. For example, Expensify can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Expensify control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Expensify's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expensify 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 Expensify. 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 Expensify Stock please use our How to Invest in Expensify guide.Tax Provision is likely to drop to about 2.8 M in 2024. Selling General Administrative is likely to drop to about 47.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 5.4M | 5.3M | 4.3M | Depreciation And Amortization | 5.2M | 6.1M | 5.2M | 4.8M |
Expensify fundamental ratios Correlations
Click cells to compare fundamentals
Expensify Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Expensify's price analysis, check to measure Expensify'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 Expensify is operating at the current time. Most of Expensify's value examination focuses on studying past and present price action to predict the probability of Expensify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expensify's price. Additionally, you may evaluate how the addition of Expensify to your portfolios can decrease your overall portfolio volatility.