Enova Other Operating Expenses vs Gross Profit Analysis

ENVA Stock  USD 61.25  0.21  0.34%   
Enova International financial indicator trend analysis is much more than just examining Enova International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enova International is a good investment. Please check the relationship between Enova International Other Operating Expenses and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.

Other Operating Expenses vs Gross Profit

Other Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enova International Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Enova International's Other Operating Expenses and Gross Profit is 0.73. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Enova International, assuming nothing else is changed. The correlation between historical values of Enova International's Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Enova International are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Enova International's Other Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enova International. It is also known as Enova International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Enova International minus its cost of goods sold. It is profit before Enova International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Enova International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enova International 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 Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.As of May 17, 2024, Selling General Administrative is expected to decline to about 121.5 M. In addition to that, Tax Provision is expected to decline to about 45.2 M
 2021 2022 2023 2024 (projected)
Gross Profit947.8M1.1B1.0B562.2M
Total Revenue1.2B1.7B2.1B2.2B

Enova International fundamental ratios Correlations

0.990.960.780.980.990.850.810.560.970.850.880.340.98-0.870.990.941.00.660.950.10.370.950.00.991.0
0.990.920.711.00.960.830.730.530.970.830.880.310.99-0.921.00.950.990.550.950.090.280.940.081.00.99
0.960.920.870.90.990.840.910.590.930.840.820.380.92-0.720.920.870.960.820.890.090.520.91-0.150.910.95
0.780.710.870.690.830.690.970.540.720.690.750.080.71-0.450.710.670.770.880.680.120.650.72-0.270.690.75
0.981.00.90.690.940.780.720.530.960.780.870.320.99-0.921.00.920.980.540.930.10.30.930.041.00.99
0.990.960.990.830.940.850.870.570.970.850.840.360.95-0.80.960.910.980.760.930.10.440.94-0.090.950.98
0.850.830.840.690.780.850.680.480.871.00.780.180.82-0.710.830.940.850.540.870.070.070.780.350.830.82
0.810.730.910.970.720.870.680.620.750.680.760.220.75-0.480.740.670.80.930.710.070.710.75-0.350.710.79
0.560.530.590.540.530.570.480.620.440.480.630.250.49-0.30.540.50.580.420.510.370.480.4-0.020.50.53
0.970.970.930.720.960.970.870.750.440.870.830.270.96-0.90.970.950.970.630.980.120.220.950.050.970.97
0.850.830.840.690.780.851.00.680.480.870.780.180.82-0.710.830.940.850.540.870.070.070.780.350.830.82
0.880.880.820.750.870.840.780.760.630.830.780.170.87-0.790.880.870.880.550.820.140.250.780.170.870.87
0.340.310.380.080.320.360.180.220.250.270.180.170.33-0.180.320.240.340.30.21-0.150.320.37-0.170.310.35
0.980.990.920.710.990.950.820.750.490.960.820.870.33-0.910.990.940.980.580.92-0.040.310.940.060.990.99
-0.87-0.92-0.72-0.45-0.92-0.8-0.71-0.48-0.3-0.9-0.71-0.79-0.18-0.91-0.91-0.87-0.87-0.3-0.88-0.010.01-0.87-0.22-0.93-0.89
0.991.00.920.711.00.960.830.740.540.970.830.880.320.99-0.910.950.990.560.950.10.290.940.071.00.99
0.940.950.870.670.920.910.940.670.50.950.940.870.240.94-0.870.950.940.490.940.110.090.880.320.950.93
1.00.990.960.770.980.980.850.80.580.970.850.880.340.98-0.870.990.940.640.950.110.360.940.010.991.0
0.660.550.820.880.540.760.540.930.420.630.540.550.30.58-0.30.560.490.640.560.010.720.64-0.520.540.64
0.950.950.890.680.930.930.870.710.510.980.870.820.210.92-0.880.950.940.950.560.260.150.920.090.950.94
0.10.090.090.120.10.10.070.070.370.120.070.14-0.15-0.04-0.010.10.110.110.010.26-0.080.02-0.020.080.08
0.370.280.520.650.30.440.070.710.480.220.070.250.320.310.010.290.090.360.720.15-0.080.32-0.750.260.36
0.950.940.910.720.930.940.780.750.40.950.780.780.370.94-0.870.940.880.940.640.920.020.32-0.060.940.95
0.00.08-0.15-0.270.04-0.090.35-0.35-0.020.050.350.17-0.170.06-0.220.070.320.01-0.520.09-0.02-0.75-0.060.09-0.02
0.991.00.910.691.00.950.830.710.50.970.830.870.310.99-0.931.00.950.990.540.950.080.260.940.090.99
1.00.990.950.750.990.980.820.790.530.970.820.870.350.99-0.890.990.931.00.640.940.080.360.95-0.020.99
Click cells to compare fundamentals

Enova International Account Relationship Matchups

Enova International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.1B2.8B3.8B4.6B4.8B
Short Long Term Debt Total1.0B1.0B1.4B2.3B3.0B3.1B
Total Stockholder Equity376.6M917.3M1.1B1.2B1.2B1.3B
Property Plant And Equipment Net74.1M119.5M101.5M112.6M123.0M68.5M
Net Debt979.5M717.1M1.3B2.2B2.6B2.7B
Retained Earnings372.7M849.5M1.1B1.3B1.5B1.6B
Cash47.3M297.3M165.5M100.2M377.4M396.3M
Non Current Assets Total354.8M457.1M467.5M474.0M462.8M390.8M
Non Currrent Assets Other11.5M43.5M51.3M54.7M83.4M87.5M
Other Assets4.8M1.4B2.2B3.2B4.6B4.8B
Cash And Short Term Investments47.3M297.3M165.5M100.2M377.4M396.3M
Common Stock Shares Outstanding34.4M32.3M37.7M33.5M31.9M36.9M
Liabilities And Stockholders Equity1.6B2.1B2.8B3.8B4.6B4.8B
Non Current Liabilities Total1.1B1.1B1.5B2.4B3.1B3.2B
Other Stockholder Equity7.0M74.8M(4.2M)(121.1M)(241.9M)(229.8M)
Total Liab1.2B1.2B1.7B2.6B3.3B3.5B
Property Plant And Equipment Gross74.1M119.5M101.5M112.6M254.1M266.8M
Total Current Assets1.2B1.7B2.3B3.3B4.1B4.3B
Accumulated Other Comprehensive Income(3.1M)(6.9M)(8.5M)(6.0M)(6.3M)(6.6M)
Intangible Assets2.2M26.0M35.4M27.4M19.0M9.8M
Other Current Liab(12.8M)39.0M44.1M87.7M135.2M142.0M
Total Current Liabilities122.2M126.7M156.1M198.3M261.2M135.5M
Accounts Payable122.2M124.1M156.1M198.3M43.3M41.2M
Other Liab48.7M48.1M86.9M104.2M119.8M125.8M
Current Deferred Revenue11.3M2.2M(72.5M)(119.5M)60.3M63.3M
Long Term Debt991.2M946.5M1.4B2.3B2.9B3.1B
Net Receivables1.1B1.3B2.1B3.1B3.7B3.9B
Other Current Assets(1.2B)(1.6B)(2.2B)78.2M(4.1B)(3.8B)
Short Term Debt1.5M38.6M28.3M31.8M22.3M21.2M
Property Plant Equipment54.5M79.4M101.5M93.2M107.2M63.7M
Net Tangible Assets107.4M623.4M778.3M879.5M1.0B1.1B
Retained Earnings Total Equity372.7M849.5M1.1B1.3B1.5B1.6B
Deferred Long Term Liab48.7M48.1M86.9M104.2M119.8M125.8M
Long Term Investments1.1B1.2B2.0B3.0B3.5B3.6B
Short Long Term Debt5.3M2.2M1.5M29.7M26.8M25.4M
Treasury Stock(56.8M)(113.2M)(229.9M)(372.9M)(335.6M)(318.9M)
Long Term Debt Total991.2M946.5M1.4B2.3B2.6B2.7B

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When determining whether Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International'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 Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Enova International's price analysis, check to measure Enova International'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 Enova International is operating at the current time. Most of Enova International's value examination focuses on studying past and present price action to predict the probability of Enova International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enova International's price. Additionally, you may evaluate how the addition of Enova International to your portfolios can decrease your overall portfolio volatility.
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Is Enova International'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 Enova International. If investors know Enova 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 Enova International 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
0.051
Earnings Share
5.57
Revenue Per Share
35.897
Quarterly Revenue Growth
0.155
Return On Assets
0.0407
The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International'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 Enova International's market value can be influenced by many factors that don't directly affect Enova International'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 Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International'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.