EzFill Net Debt vs Accounts Payable Analysis
| EZFL Stock | USD 2.41 0.12 4.74% |
EzFill Holdings financial indicator trend analysis is much more than just examining EzFill Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EzFill Holdings is a good investment. Please check the relationship between EzFill Holdings Net Debt and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EzFill Holdings. 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 EzFill Stock please use our How to buy in EzFill Stock guide.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EzFill Holdings Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between EzFill Holdings' Net Debt and Accounts Payable is 0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of EzFill Holdings, assuming nothing else is changed. The correlation between historical values of EzFill Holdings' Net Debt 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 Net Debt of EzFill Holdings 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 Net Debt i.e., EzFill Holdings' Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents EzFill Holdings 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 EzFill Holdings 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 EzFill Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EzFill Holdings 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 EzFill Holdings. 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 EzFill Stock please use our How to buy in EzFill Stock guide.At this time, EzFill Holdings' Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.58 this year, although the value of Issuance Of Capital Stock will most likely fall to about 21.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 775.9K | 104.1K | 1.7M | 1.8M | Depreciation And Amortization | 872.8K | 1.8M | 1.4M | 1.0M |
EzFill Holdings fundamental ratios Correlations
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EzFill Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Application Software 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 EzFill Holdings. If investors know EzFill 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 EzFill Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.98) | Revenue Per Share 14.662 | Quarterly Revenue Growth 0.207 | Return On Assets (0.70) | Return On Equity (57.65) |
The market value of EzFill Holdings is measured differently than its book value, which is the value of EzFill that is recorded on the company's balance sheet. Investors also form their own opinion of EzFill Holdings' value that differs from its market value or its book value, called intrinsic value, which is EzFill Holdings' 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 EzFill Holdings' market value can be influenced by many factors that don't directly affect EzFill Holdings' 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 EzFill Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if EzFill Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EzFill Holdings' 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.