EPlus Non Current Liabilities Total vs Total Stockholder Equity Analysis

PLUS Stock  USD 80.86  0.05  0.06%   
EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EPlus' Non Current Liabilities Total and Total Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of ePlus inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., EPlus' Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit461.0M517.5M531.8M558.4M
Total Revenue1.8B2.1B2.2B2.3B

EPlus fundamental ratios Correlations

0.50.940.991.00.09-0.550.990.930.910.820.510.910.990.110.80.840.70.861.00.741.00.850.88-0.590.94
0.50.60.560.470.20.350.470.190.410.5-0.110.40.540.380.190.390.140.40.520.130.510.070.06-0.630.49
0.940.60.930.940.21-0.340.920.790.780.790.30.770.930.090.760.890.730.870.930.670.940.810.81-0.590.91
0.990.560.930.980.03-0.510.960.910.910.810.470.910.990.140.740.820.660.861.00.680.990.790.82-0.630.92
1.00.470.940.980.11-0.560.990.920.90.820.520.90.990.090.810.850.70.860.990.750.990.870.89-0.580.95
0.090.20.210.030.110.070.1-0.080.070.27-0.020.070.10.30.280.010.350.120.050.430.060.220.05-0.250.11
-0.550.35-0.34-0.51-0.560.07-0.55-0.77-0.71-0.35-0.8-0.72-0.520.2-0.59-0.35-0.51-0.48-0.54-0.7-0.55-0.7-0.750.01-0.46
0.990.470.920.960.990.1-0.550.910.890.810.560.890.990.120.830.80.680.770.970.760.980.850.88-0.560.93
0.930.190.790.910.92-0.08-0.770.910.890.710.630.90.910.070.810.760.720.780.930.740.920.880.93-0.460.82
0.910.410.780.910.90.07-0.710.890.890.680.71.00.910.090.70.630.610.760.920.780.920.730.78-0.480.81
0.820.50.790.810.820.27-0.350.810.710.680.240.690.830.250.770.630.470.710.810.510.790.730.65-0.660.86
0.51-0.110.30.470.52-0.02-0.80.560.630.70.240.710.52-0.050.590.260.360.290.510.740.530.480.620.040.37
0.910.40.770.910.90.07-0.720.890.91.00.690.710.910.10.70.630.60.760.920.790.920.740.78-0.480.81
0.990.540.930.990.990.1-0.520.990.910.910.830.520.910.150.790.790.670.820.990.730.990.820.84-0.610.94
0.110.380.090.140.090.30.20.120.070.090.25-0.050.10.150.12-0.020.05-0.020.130.070.1-0.03-0.14-0.73-0.05
0.80.190.760.740.810.28-0.590.830.810.70.770.590.70.790.120.670.750.620.780.790.790.840.87-0.320.73
0.840.390.890.820.850.01-0.350.80.760.630.630.260.630.79-0.020.670.690.860.820.550.850.750.81-0.440.77
0.70.140.730.660.70.35-0.510.680.720.610.470.360.60.670.050.750.690.640.690.820.70.80.8-0.340.56
0.860.40.870.860.860.12-0.480.770.780.760.710.290.760.82-0.020.620.860.640.860.590.860.790.77-0.530.84
1.00.520.931.00.990.05-0.540.970.930.920.810.510.920.990.130.780.820.690.860.711.00.820.85-0.60.92
0.740.130.670.680.750.43-0.70.760.740.780.510.740.790.730.070.790.550.820.590.710.740.790.81-0.30.62
1.00.510.940.990.990.06-0.550.980.920.920.790.530.920.990.10.790.850.70.861.00.740.830.87-0.570.92
0.850.070.810.790.870.22-0.70.850.880.730.730.480.740.82-0.030.840.750.80.790.820.790.830.95-0.410.84
0.880.060.810.820.890.05-0.750.880.930.780.650.620.780.84-0.140.870.810.80.770.850.810.870.95-0.270.81
-0.59-0.63-0.59-0.63-0.58-0.250.01-0.56-0.46-0.48-0.660.04-0.48-0.61-0.73-0.32-0.44-0.34-0.53-0.6-0.3-0.57-0.41-0.27-0.53
0.940.490.910.920.950.11-0.460.930.820.810.860.370.810.94-0.050.730.770.560.840.920.620.920.840.81-0.53
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EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets909.1M1.1B1.2B1.4B1.7B1.7B
Short Long Term Debt Total200.2M172.8M179.6M175.0M141.3M136.5M
Other Current Liab53.9M58.5M67.7M96.3M78.3M82.2M
Total Current Liabilities386.6M459.4M460.0M561.3M657.0M689.8M
Total Stockholder Equity486.1M562.4M660.7M782.3M901.8M946.9M
Property Plant And Equipment Net32.6M42.3M45.6M16.6M28.3M15.6M
Net Debt113.9M43.3M20.1M71.9M(111.7M)(106.1M)
Retained Earnings410.2M484.6M507.8M627.2M743.0M780.1M
Accounts Payable82.9M165.2M136.2M220.2M315.7M331.5M
Cash86.2M129.6M155.4M103.1M253.0M265.7M
Non Current Assets Total259.3M299.2M268.7M261.2M379.9M211.7M
Non Currrent Assets Other(13.1M)7.1M64.3M(4.7M)146.0M153.3M
Cash And Short Term Investments86.2M129.6M155.4M103.1M253.0M265.7M
Net Receivables481.7M538.9M540.5M649.5M794.1M833.8M
Common Stock Shares Outstanding26.8M26.8M26.9M26.7M26.7M24.7M
Liabilities And Stockholders Equity909.1M1.1B1.2B1.4B1.7B1.7B
Non Current Liabilities Total36.3M55.0M45.4M71.2M94.7M61.3M
Inventory50.3M70.0M155.1M243.3M139.7M146.7M
Other Current Assets9.3M39.2M13.9M99.3M86.7M91.1M
Other Stockholder Equity76.8M77.0M152.7M153.2M156.2M164.1M
Total Liab423.0M514.4M505.5M632.6M751.7M789.3M
Property Plant And Equipment Gross30.3M27.0M60.5M59.2M127.5M133.8M
Total Current Assets649.8M777.6M897.5M1.1B1.3B1.3B
Accumulated Other Comprehensive Income(991K)655K(124K)1.6M2.3M2.4M
Other Liab22.1M31.6M32.2M49.7M57.2M60.0M
Other Assets12.4M27.6M30.8M58.5M67.3M70.7M
Long Term Debt5.9M18.3M9.9M9.5M12.9M12.3M
Good Will118.1M126.6M126.5M136.1M161.5M169.6M
Common Stock Total Equity144K145K270K272K312.8K328.4K
Intangible Assets34.5M38.6M27.3M25.0M44.1M24.5M
Common Stock144K145K270K272K274K152.9K
Property Plant Equipment20.2M16.2M14.8M26.5M23.9M16.4M
Treasury Stock(68.4M)(75.4M)(6.7M)(14.1M)(12.7M)(13.3M)
Current Deferred Revenue55.5M72.8M86.5M114.0M134.6M141.3M
Short Term Debt194.3M158.4M169.7M168.1M128.4M122.0M
Net Tangible Assets333.6M397.2M660.7M782.3M899.6M944.6M
Capital Surpluse145.2M152.4M159.5M167.3M192.4M144.3M
Deferred Long Term Liab8.9M11.0M19.1M715K822.3K781.1K
Non Current Liabilities Other2.7M5.3M35.5M61.0M81.8M85.9M

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