Axos Net Income vs Change In Cash 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 Net Income and its Change In Cash 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.

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axos Financial Net Income account and Change In Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Axos Financial's Net Income and Change In Cash is 0.56. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash 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 Net Income and Change In Cash 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 Income of Axos Financial are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Axos Financial's Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Axos Financial financial statement analysis. It represents the amount of money remaining after all of Axos Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Cash

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 Revenue705.3M890.2M1.0B1.1B
Interest Expense52.6M374.0M430.1M451.6M

Axos Financial fundamental ratios Correlations

-0.010.921.0-0.880.990.430.221.00.020.820.960.990.930.940.66-0.170.890.950.920.860.52-0.02-0.910.90.0
-0.01-0.15-0.020.370.060.740.73-0.010.37-0.09-0.16-0.1-0.14-0.140.580.18-0.16-0.08-0.130.110.641.00.20.120.47
0.92-0.150.91-0.850.890.280.030.920.090.920.980.930.990.860.51-0.230.960.850.970.740.37-0.16-0.980.8-0.28
1.0-0.020.91-0.871.00.440.231.00.040.820.950.990.920.930.65-0.150.90.940.920.860.52-0.03-0.90.910.02
-0.880.37-0.85-0.87-0.84-0.150.06-0.880.26-0.67-0.92-0.89-0.83-0.96-0.370.23-0.77-0.94-0.8-0.69-0.260.380.89-0.720.12
0.990.060.891.0-0.840.490.310.990.040.80.930.980.90.920.71-0.110.870.940.90.880.570.05-0.870.920.1
0.430.740.280.44-0.150.490.860.430.320.270.280.360.280.30.630.00.220.350.260.580.80.72-0.260.610.5
0.220.730.030.230.060.310.860.220.250.070.030.130.020.080.620.420.00.140.010.530.770.720.00.50.78
1.0-0.010.921.0-0.880.990.430.220.020.820.960.990.930.940.66-0.170.890.950.920.850.52-0.02-0.910.90.0
0.020.370.090.040.260.040.320.250.020.05-0.020.010.1-0.170.1-0.030.16-0.160.080.140.120.37-0.010.17-0.06
0.82-0.090.920.82-0.670.80.270.070.820.050.870.830.940.670.49-0.20.950.680.950.670.4-0.1-0.880.73-0.26
0.96-0.160.980.95-0.920.930.280.030.96-0.020.870.970.970.940.52-0.260.930.930.950.750.37-0.17-0.970.8-0.2
0.99-0.10.930.99-0.890.980.360.130.990.010.830.970.940.940.6-0.20.920.950.940.820.45-0.1-0.920.87-0.06
0.93-0.140.990.92-0.830.90.280.020.930.10.940.970.940.840.52-0.240.980.840.990.740.38-0.15-0.970.8-0.27
0.94-0.140.860.93-0.960.920.30.080.94-0.170.670.940.940.840.54-0.230.781.00.820.750.39-0.15-0.870.78-0.03
0.660.580.510.65-0.370.710.630.620.660.10.490.520.60.520.540.360.490.590.520.650.750.58-0.480.650.41
-0.170.18-0.23-0.150.23-0.110.00.42-0.17-0.03-0.2-0.26-0.2-0.24-0.230.36-0.23-0.21-0.250.080.220.190.240.020.57
0.89-0.160.960.9-0.770.870.220.00.890.160.950.930.920.980.780.49-0.230.780.980.710.35-0.17-0.920.76-0.26
0.95-0.080.850.94-0.940.940.350.140.95-0.160.680.930.950.841.00.59-0.210.780.820.780.46-0.09-0.870.80.01
0.92-0.130.970.92-0.80.90.260.010.920.080.950.950.940.990.820.52-0.250.980.820.720.39-0.14-0.950.78-0.29
0.860.110.740.86-0.690.880.580.530.850.140.670.750.820.740.750.650.080.710.780.720.660.09-0.720.970.29
0.520.640.370.52-0.260.570.80.770.520.120.40.370.450.380.390.750.220.350.460.390.660.64-0.360.630.46
-0.021.0-0.16-0.030.380.050.720.72-0.020.37-0.1-0.17-0.1-0.15-0.150.580.19-0.17-0.09-0.140.090.640.210.110.47
-0.910.2-0.98-0.90.89-0.87-0.260.0-0.91-0.01-0.88-0.97-0.92-0.97-0.87-0.480.24-0.92-0.87-0.95-0.72-0.360.21-0.780.3
0.90.120.80.91-0.720.920.610.50.90.170.730.80.870.80.780.650.020.760.80.780.970.630.11-0.780.22
0.00.47-0.280.020.120.10.50.780.0-0.06-0.26-0.2-0.06-0.27-0.030.410.57-0.260.01-0.290.290.460.470.30.22
Click cells to compare fundamentals

Axos Financial Account Relationship Matchups

Axos Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B14.3B17.5B20.3B23.4B24.6B
Short Long Term Debt Total478.3M574.9M562.7M451.8M519.5M476.3M
Total Current Liabilities702.1M745.0M774.6M696.6M801.1M841.1M
Total Stockholder Equity1.2B1.4B1.6B1.9B2.2B2.3B
Net Debt(1.3B)(140.8M)(639.8M)(1.8B)(1.6B)(1.5B)
Other Assets11.4B12.7B15.1B17.1B19.7B20.6B
Common Stock Shares Outstanding61.4M60.5M60.6M60.6M69.7M49.7M
Liabilities And Stockholders Equity13.9B14.3B17.5B20.3B23.4B24.6B
Other Stockholder Equity216.7M210.0M216.8M187.5M215.6M153.2M
Total Liab12.6B12.9B15.8B18.4B21.2B22.3B
Short Term Debt152.0M974.5M27.5M206.0M236.9M262.7M
Other Liab327.2M535.4M829.1M397.2M456.8M479.6M
Property Plant And Equipment Net103.6M90.4M105.4M116.9M134.5M141.2M
Retained Earnings1.0B1.2B1.4B1.7B2.0B2.1B
Accounts Payable550.1M745.0M829.1M696.6M801.1M841.1M
Cash1.8B715.6M1.2B2.2B2.6B2.7B
Non Current Assets Total323.8M323.2M445.9M410.7M472.3M495.9M
Non Currrent Assets Other(151.4M)(159.4M)(206.2M)(234.2M)(269.4M)(282.8M)
Long Term Debt235.8M574.9M562.7M451.8M519.5M545.5M
Cash And Short Term Investments1.9B903.0M1.5B2.5B2.8B3.0B
Net Receivables220.3M369.8M471.9M374.1M430.2M451.7M
Common Stock Total Equity673K681K689K695K799.3K839.2K
Short Term Investments187.6M187.3M262.5M232.4M267.2M165.0M
Non Current Liabilities Total478.3M574.9M562.7M451.8M519.5M495.5M
Inventory(2.4B)(2.0B)(2.4B)(2.9B)(2.6B)(2.5B)
Total Current Assets2.2B1.3B1.9B2.8B3.3B2.3B
Common Stock673K681K689K695K799.3K839.2K
Property Plant Equipment103.6M90.4M105.4M53.4M61.4M64.4M
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 Will125.4M116.0M156.4M152.1M175.0M183.7M
Retained Earnings Total Equity1.0B1.2B1.4B1.7B2.0B2.1B
Intangible Assets10.7M17.9M25.2M25.4M29.3M30.7M
Net Tangible Assets1.1B1.3B1.6B1.8B2.0B1.0B
Long Term Debt Total235.8M221.4M445.2M361.8M416.0M436.8M
Capital Surpluse411.9M432.6M453.8M479.9M551.9M387.2M
Long Term Investments187.7M189.3M264.3M233.1M209.8M199.3M

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When determining whether Axos Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axos Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axos Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axos Financial Stock:
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.