Axos Intangible Assets vs Net Invested Capital Analysis
AX Stock | USD 61.52 0.38 0.62% |
Axos Financial financial indicator trend analysis is way more than just evaluating Axos Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axos Financial is a good investment. Please check the relationship between Axos Financial Intangible Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.
Intangible Assets vs Net Invested Capital
Intangible Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axos Financial Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Axos Financial's Intangible Assets and Net Invested Capital is 0.89. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Axos Financial, assuming nothing else is changed. The correlation between historical values of Axos Financial's Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Axos Financial are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Axos Financial's Intangible Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Axos Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axos Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 766.7 M in 2024, whereas Tax Provision is likely to drop slightly above 95.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 705.3M | 890.2M | 1.0B | 1.1B | Interest Expense | 52.6M | 374.0M | 430.1M | 451.6M |
Axos Financial fundamental ratios Correlations
Click cells to compare fundamentals
Axos Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axos Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9B | 14.3B | 17.5B | 20.3B | 23.4B | 24.6B | |
Short Long Term Debt Total | 478.3M | 574.9M | 562.7M | 451.8M | 519.5M | 476.3M | |
Total Current Liabilities | 702.1M | 745.0M | 774.6M | 696.6M | 801.1M | 841.1M | |
Total Stockholder Equity | 1.2B | 1.4B | 1.6B | 1.9B | 2.2B | 2.3B | |
Net Debt | (1.3B) | (140.8M) | (639.8M) | (1.8B) | (1.6B) | (1.5B) | |
Other Assets | 11.4B | 12.7B | 15.1B | 17.1B | 19.7B | 20.6B | |
Common Stock Shares Outstanding | 61.4M | 60.5M | 60.6M | 60.6M | 69.7M | 49.7M | |
Liabilities And Stockholders Equity | 13.9B | 14.3B | 17.5B | 20.3B | 23.4B | 24.6B | |
Other Stockholder Equity | 216.7M | 210.0M | 216.8M | 187.5M | 215.6M | 153.2M | |
Total Liab | 12.6B | 12.9B | 15.8B | 18.4B | 21.2B | 22.3B | |
Short Term Debt | 152.0M | 974.5M | 27.5M | 206.0M | 236.9M | 262.7M | |
Other Liab | 327.2M | 535.4M | 829.1M | 397.2M | 456.8M | 479.6M | |
Property Plant And Equipment Net | 103.6M | 90.4M | 105.4M | 116.9M | 134.5M | 141.2M | |
Retained Earnings | 1.0B | 1.2B | 1.4B | 1.7B | 2.0B | 2.1B | |
Accounts Payable | 550.1M | 745.0M | 829.1M | 696.6M | 801.1M | 841.1M | |
Cash | 1.8B | 715.6M | 1.2B | 2.2B | 2.6B | 2.7B | |
Non Current Assets Total | 323.8M | 323.2M | 445.9M | 410.7M | 472.3M | 495.9M | |
Non Currrent Assets Other | (151.4M) | (159.4M) | (206.2M) | (234.2M) | (269.4M) | (282.8M) | |
Long Term Debt | 235.8M | 574.9M | 562.7M | 451.8M | 519.5M | 545.5M | |
Cash And Short Term Investments | 1.9B | 903.0M | 1.5B | 2.5B | 2.8B | 3.0B | |
Net Receivables | 220.3M | 369.8M | 471.9M | 374.1M | 430.2M | 451.7M | |
Common Stock Total Equity | 673K | 681K | 689K | 695K | 799.3K | 839.2K | |
Short Term Investments | 187.6M | 187.3M | 262.5M | 232.4M | 267.2M | 165.0M | |
Non Current Liabilities Total | 478.3M | 574.9M | 562.7M | 451.8M | 519.5M | 495.5M | |
Inventory | (2.4B) | (2.0B) | (2.4B) | (2.9B) | (2.6B) | (2.5B) | |
Total Current Assets | 2.2B | 1.3B | 1.9B | 2.8B | 3.3B | 2.3B | |
Common Stock | 673K | 681K | 689K | 695K | 799.3K | 839.2K | |
Property Plant Equipment | 103.6M | 90.4M | 105.4M | 53.4M | 61.4M | 64.4M | |
Accumulated Other Comprehensive Income | (937K) | 2.5M | (2.9M) | (6.6M) | (5.9M) | (5.7M) | |
Other Current Liab | (702.1M) | (745.0M) | (54.4M) | (696.6M) | (626.9M) | (595.6M) | |
Treasury Stock | (82.5M) | (148.8M) | (195.1M) | (222.5M) | (200.3M) | (190.3M) | |
Good Will | 125.4M | 116.0M | 156.4M | 152.1M | 175.0M | 183.7M | |
Retained Earnings Total Equity | 1.0B | 1.2B | 1.4B | 1.7B | 2.0B | 2.1B | |
Intangible Assets | 10.7M | 17.9M | 25.2M | 25.4M | 29.3M | 30.7M | |
Net Tangible Assets | 1.1B | 1.3B | 1.6B | 1.8B | 2.0B | 1.0B | |
Long Term Debt Total | 235.8M | 221.4M | 445.2M | 361.8M | 416.0M | 436.8M | |
Capital Surpluse | 411.9M | 432.6M | 453.8M | 479.9M | 551.9M | 387.2M | |
Long Term Investments | 187.7M | 189.3M | 264.3M | 233.1M | 209.8M | 199.3M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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Is Axos Financial's industry 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 Axos Financial. If investors know Axos 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 Axos Financial 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 0.447 | Earnings Share 7.32 | Revenue Per Share 17.291 | Quarterly Revenue Growth 0.279 | Return On Assets 0.0204 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial'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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial'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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial'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.