Euronet Operating Income vs Income Before Tax Analysis

EEFT Stock

USD 103.83 0.22 0.21%

Euronet Worldwide financial indicator trend analysis is much more than just examining Euronet Worldwide latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euronet Worldwide is a good investment. Please check the relationship between Euronet Worldwide Operating Income and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronet Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euronet Worldwide Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Euronet Worldwide's Operating Income and Income Before Tax is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Euronet Worldwide, assuming nothing else is changed. The correlation between historical values of Euronet Worldwide's Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Euronet Worldwide are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., Euronet Worldwide's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Euronet Worldwide operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Euronet Worldwide is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Euronet Worldwide income statement and is an important metric when analyzing Euronet Worldwide profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Euronet Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euronet Worldwide 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 Euronet Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.At this time, Euronet Worldwide's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.6 M in 2024, whereas Tax Provision is likely to drop slightly above 76 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	38.3M	37.5M	55.6M	58.4M
Depreciation And Amortization	135.8M	135.9M	132.9M	71.7M

Interest Expense Depreciation And Amortization

Euronet Worldwide fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.88	0.98	0.73	0.9	0.11	0.96	-0.09	0.97	0.96	0.17	0.97	-0.07	0.42	0.58	0.98	0.93	-0.5	0.99	0.9	1.0	0.62	-0.15	0.68	0.65
Short Long Term Debt Total	0.97		0.95	0.95	0.62	0.89	0.26	0.97	-0.3	0.96	0.89	0.11	0.96	-0.29	0.26	0.46	1.0	0.97	-0.63	0.98	0.92	0.98	0.66	-0.19	0.56	0.52
Other Current Liab	0.88	0.95		0.9	0.38	0.75	0.46	0.93	-0.51	0.85	0.76	-0.17	0.85	-0.37	0.06	0.31	0.93	0.98	-0.8	0.93	0.95	0.91	0.73	-0.22	0.38	0.32
Total Current Liabilities	0.98	0.95	0.9		0.63	0.81	0.2	0.95	-0.1	0.93	0.93	0.03	0.93	-0.01	0.39	0.58	0.95	0.95	-0.56	0.99	0.91	0.98	0.67	-0.14	0.65	0.61
Total Stockholder Equity	0.73	0.62	0.38	0.63		0.82	-0.37	0.61	0.38	0.74	0.82	0.6	0.74	0.2	0.67	0.7	0.64	0.48	0.09	0.64	0.48	0.68	0.23	-0.09	0.82	0.83
Property Plant And Equipment Net	0.9	0.89	0.75	0.81	0.82		0.02	0.86	-0.13	0.92	0.9	0.36	0.92	-0.23	0.37	0.51	0.9	0.8	-0.34	0.86	0.8	0.89	0.53	-0.28	0.59	0.59
Net Debt	0.11	0.26	0.46	0.2	-0.37	0.02		0.15	-0.71	-0.01	0.04	-0.64	-0.01	-0.46	-0.19	-0.07	0.21	0.38	-0.49	0.2	0.35	0.14	0.53	0.08	-0.09	-0.15
Retained Earnings	0.96	0.97	0.93	0.95	0.61	0.86	0.15		-0.24	0.96	0.87	0.05	0.96	-0.18	0.17	0.39	0.97	0.96	-0.68	0.97	0.92	0.98	0.62	-0.28	0.49	0.44
Accounts Payable	-0.09	-0.3	-0.51	-0.1	0.38	-0.13	-0.71	-0.24		-0.11	0.09	0.49	-0.11	0.82	0.62	0.41	-0.25	-0.37	0.71	-0.17	-0.4	-0.15	-0.44	0.28	0.41	0.49
Cash	0.97	0.96	0.85	0.93	0.74	0.92	-0.01	0.96	-0.11		0.91	0.29	1.0	-0.17	0.32	0.5	0.97	0.9	-0.52	0.96	0.85	0.98	0.53	-0.22	0.6	0.58
Non Current Assets Total	0.96	0.89	0.76	0.93	0.82	0.9	0.04	0.87	0.09	0.91		0.23	0.91	0.08	0.61	0.68	0.9	0.83	-0.27	0.93	0.83	0.93	0.58	-0.04	0.79	0.79
Non Currrent Assets Other	0.17	0.11	-0.17	0.03	0.6	0.36	-0.64	0.05	0.49	0.29	0.23		0.29	-0.02	0.39	0.32	0.15	-0.05	0.39	0.09	-0.21	0.14	-0.36	-0.09	0.34	0.43
Cash And Short Term Investments	0.97	0.96	0.85	0.93	0.74	0.92	-0.01	0.96	-0.11	1.0	0.91	0.29		-0.17	0.32	0.5	0.97	0.9	-0.52	0.96	0.85	0.98	0.53	-0.22	0.6	0.58
Net Receivables	-0.07	-0.29	-0.37	-0.01	0.2	-0.23	-0.46	-0.18	0.82	-0.17	0.08	-0.02	-0.17		0.55	0.43	-0.27	-0.29	0.51	-0.13	-0.18	-0.12	-0.11	0.18	0.38	0.4
Common Stock Shares Outstanding	0.42	0.26	0.06	0.39	0.67	0.37	-0.19	0.17	0.62	0.32	0.61	0.39	0.32	0.55		0.87	0.28	0.15	0.49	0.34	0.18	0.34	0.14	0.38	0.91	0.95
Short Term Investments	0.58	0.46	0.31	0.58	0.7	0.51	-0.07	0.39	0.41	0.5	0.68	0.32	0.5	0.43	0.87		0.47	0.38	0.17	0.53	0.4	0.54	0.35	0.11	0.89	0.89
Non Current Liabilities Total	0.98	1.0	0.93	0.95	0.64	0.9	0.21	0.97	-0.25	0.97	0.9	0.15	0.97	-0.27	0.28	0.47		0.97	-0.61	0.99	0.9	0.99	0.6	-0.17	0.57	0.54
Other Current Assets	0.93	0.97	0.98	0.95	0.48	0.8	0.38	0.96	-0.37	0.9	0.83	-0.05	0.9	-0.29	0.15	0.38	0.97		-0.75	0.97	0.92	0.96	0.67	-0.2	0.46	0.41
Other Stockholder Equity	-0.5	-0.63	-0.8	-0.56	0.09	-0.34	-0.49	-0.68	0.71	-0.52	-0.27	0.39	-0.52	0.51	0.49	0.17	-0.61	-0.75		-0.59	-0.67	-0.57	-0.5	0.39	0.15	0.24
Total Liab	0.99	0.98	0.93	0.99	0.64	0.86	0.2	0.97	-0.17	0.96	0.93	0.09	0.96	-0.13	0.34	0.53	0.99	0.97	-0.59		0.92	1.0	0.64	-0.15	0.62	0.59
Property Plant And Equipment Gross	0.9	0.92	0.95	0.91	0.48	0.8	0.35	0.92	-0.4	0.85	0.83	-0.21	0.85	-0.18	0.18	0.4	0.9	0.92	-0.67	0.92		0.91	0.8	-0.23	0.47	0.4
Total Current Assets	1.0	0.98	0.91	0.98	0.68	0.89	0.14	0.98	-0.15	0.98	0.93	0.14	0.98	-0.12	0.34	0.54	0.99	0.96	-0.57	1.0	0.91		0.62	-0.19	0.62	0.59
Short Term Debt	0.62	0.66	0.73	0.67	0.23	0.53	0.53	0.62	-0.44	0.53	0.58	-0.36	0.53	-0.11	0.14	0.35	0.6	0.67	-0.5	0.64	0.8	0.62		-0.39	0.32	0.25
Intangible Assets	-0.15	-0.19	-0.22	-0.14	-0.09	-0.28	0.08	-0.28	0.28	-0.22	-0.04	-0.09	-0.22	0.18	0.38	0.11	-0.17	-0.2	0.39	-0.15	-0.23	-0.19	-0.39		0.26	0.28
Common Stock Total Equity	0.68	0.56	0.38	0.65	0.82	0.59	-0.09	0.49	0.41	0.6	0.79	0.34	0.6	0.38	0.91	0.89	0.57	0.46	0.15	0.62	0.47	0.62	0.32	0.26		0.98
Common Stock	0.65	0.52	0.32	0.61	0.83	0.59	-0.15	0.44	0.49	0.58	0.79	0.43	0.58	0.4	0.95	0.89	0.54	0.41	0.24	0.59	0.4	0.59	0.25	0.28	0.98

Click cells to compare fundamentals

Euronet Worldwide Account Relationship Matchups

Euronet Worldwide fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7B	4.9B	4.7B	5.4B	5.9B	6.2B
Short Long Term Debt Total	1.5B	1.6B	1.6B	1.8B	2.0B	2.1B
Other Current Liab	954.5M	1.1B	1.0B	1.4B	2.2B	2.3B
Total Current Liabilities	1.6B	1.9B	1.9B	2.4B	2.7B	2.8B
Total Stockholder Equity	1.6B	1.4B	1.3B	1.2B	1.2B	643.0M
Property Plant And Equipment Net	737.5M	540.5M	506.9M	486.3M	474.7M	498.4M
Net Debt	28.7M	(221.5M)	(212.5M)	119.5M	218.8M	229.7M
Retained Earnings	1.0B	1.0B	1.1B	1.3B	1.6B	1.7B
Accounts Payable	481.5M	654.9M	693.2M	858.1M	241.2M	229.1M
Cash	1.5B	1.8B	1.8B	1.6B	1.8B	1.9B
Non Current Assets Total	1.7B	1.6B	1.4B	1.7B	1.7B	1.8B
Non Currrent Assets Other	115.8M	232.6M	189.6M	145.6M	(47.0M)	(44.7M)
Cash And Short Term Investments	1.5B	1.8B	1.8B	1.6B	1.8B	1.9B
Net Receivables	201.9M	117.5M	203M	270.8M	370.6M	266.1M
Common Stock Shares Outstanding	54.9M	52.7M	53.5M	53.5M	51.6M	45.2M
Liabilities And Stockholders Equity	4.7B	4.9B	4.7B	5.4B	5.9B	6.2B
Non Current Liabilities Total	1.4B	1.6B	1.6B	1.8B	1.9B	2.0B
Other Current Assets	1.0B	1.1B	1.1B	1.8B	2.0B	2.1B
Other Stockholder Equity	726.5M	525.7M	342.9M	145.8M	(176.1M)	(167.3M)
Total Liab	3.1B	3.5B	3.5B	4.2B	4.6B	4.9B
Property Plant And Equipment Gross	737.5M	540.5M	506.9M	486.3M	1.1B	1.2B
Total Current Assets	2.9B	3.4B	3.3B	3.7B	4.2B	4.4B
Accumulated Other Comprehensive Income	(164.9M)	(94.2M)	(172.6M)	(251.0M)	(203.2M)	(193.0M)
Short Term Debt	139.4M	59.6M	57M	53.3M	202.2M	212.3M
Intangible Assets	141.8M	354.4M	287.4M	362.3M	349.5M	283.4M
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.5M	1.0M
Common Stock	1.3M	1.3M	1.3M	1.3M	1.3M	1.0M
Other Assets	115.7M	232.6M	189.6M	174.1M	1.0	0.95
Long Term Debt	1.1B	1.4B	1.4B	1.6B	1.7B	1.8B
Good Will	743.8M	665.8M	641.6M	828.3M	847.5M	568.2M
Inventory	252M	276.1M	199.1M	7.4M	1.0	0.95
Treasury Stock	(463.7M)	(703.0M)	(931.2M)	(1.1B)	(995.2M)	(945.5M)
Property Plant Equipment	360.0M	378.4M	506.9M	336.6M	387.1M	406.4M
Current Deferred Revenue	58.6M	73.4M	77.0M	65.4M	56.7M	37.8M
Other Liab	103.4M	75.1M	101.8M	93.4M	107.4M	138.8M
Net Tangible Assets	693.6M	657.9M	516.1M	228.0M	262.2M	231.3M
Noncontrolling Interest In Consolidated Entity	68K	281K	43K	(177K)	(159.3K)	(151.3K)
Retained Earnings Total Equity	1.0B	1.0B	1.1B	1.3B	1.6B	1.6B

Pair Trading with Euronet Worldwide

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Euronet Worldwide position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Euronet Worldwide will appreciate offsetting losses from the drop in the long position's value.

Moving against Euronet Stock

0.49	FIVN	Five9 Inc Financial Report 2nd of May 2024	Pair Corr
0.42	JG	Aurora Mobile	Pair Corr

The ability to find closely correlated positions to Euronet Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euronet Worldwide when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Euronet Worldwide - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Euronet Worldwide to buy it.

The correlation of Euronet Worldwide is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Euronet Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronet Worldwide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Euronet Worldwide can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Euronet Worldwide is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Euronet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Euronet Worldwide Stock. Highlighted below are key reports to facilitate an investment decision about Euronet Worldwide Stock:

How To Invest In Euronet

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Is Euronet Stock a good investment?

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What is Euronet Worldwide's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronet Worldwide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.

Note that the Euronet Worldwide information on this page should be used as a complementary analysis to other Euronet Worldwide's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Euronet Worldwide's price analysis, check to measure Euronet Worldwide'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 Euronet Worldwide is operating at the current time. Most of Euronet Worldwide's value examination focuses on studying past and present price action to predict the probability of Euronet Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronet Worldwide's price. Additionally, you may evaluate how the addition of Euronet Worldwide to your portfolios can decrease your overall portfolio volatility.

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Is Euronet Worldwide'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 Euronet Worldwide. If investors know Euronet 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 Euronet Worldwide 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

0.101

Earnings Share

5.49

Revenue Per Share

76.069

Quarterly Revenue Growth

0.106

Return On Assets

0.0479

The market value of Euronet Worldwide is measured differently than its book value, which is the value of Euronet that is recorded on the company's balance sheet. Investors also form their own opinion of Euronet Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Euronet Worldwide'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 Euronet Worldwide's market value can be influenced by many factors that don't directly affect Euronet Worldwide'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 Euronet Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronet Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronet Worldwide'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.

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Euronet Operating Income vs Income Before Tax Analysis

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Operating Income

Income Before Tax

Euronet Worldwide fundamental ratios Correlations

Euronet Worldwide Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Euronet Worldwide fundamental ratios Accounts

Pair Trading with Euronet Worldwide

Moving against Euronet Stock

Complementary Tools for Euronet Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Total Liab
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.8	Other Current Liab
Other Stockholder Equity	- 0.75	Other Current Assets
Accounts Payable	- 0.71	Net Debt
Other Stockholder Equity	- 0.68	Retained Earnings
Property Plant And Equipment Gross	- 0.67	Other Stockholder Equity
Non Currrent Assets Other	- 0.64	Net Debt