Element Selling And Marketing Expenses vs Operating Income Analysis

ESI Stock  USD 23.69  0.08  0.34%   
Element Solutions financial indicator trend analysis is much more than just examining Element Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Element Solutions is a good investment. Please check the relationship between Element Solutions Selling And Marketing Expenses and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.

Selling And Marketing Expenses vs Operating Income

Selling And Marketing Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Element Solutions Selling And Marketing Expenses account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Element Solutions' Selling And Marketing Expenses and Operating Income is 0.77. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Element Solutions, assuming nothing else is changed. The correlation between historical values of Element Solutions' Selling And Marketing Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Element Solutions are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling And Marketing Expenses i.e., Element Solutions' Selling And Marketing Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling And Marketing Expenses

Operating Income

Operating Income is the amount of profit realized from Element Solutions 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 Element Solutions 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.
Most indicators from Element Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Element Solutions 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 Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.As of now, Element Solutions' Enterprise Value Over EBITDA is increasing as compared to previous years. The Element Solutions' current Enterprise Value Multiple is estimated to increase to 18.81, while Tax Provision is projected to decrease to under 12.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit960.8M952.7M918.5M912.2M
Total Revenue2.4B2.5B2.3B2.2B

Element Solutions fundamental ratios Correlations

0.770.670.390.680.840.650.760.560.66-0.810.490.60.780.340.470.670.60.630.8-0.730.670.680.00.320.67
0.770.960.480.960.80.960.930.730.96-0.310.840.821.00.370.570.960.820.890.92-0.650.970.880.140.070.97
0.670.960.551.00.630.970.850.711.0-0.170.830.710.960.460.661.00.710.850.84-0.471.00.790.02-0.031.0
0.390.480.550.560.210.390.18-0.150.57-0.250.050.070.440.950.680.550.070.090.16-0.240.530.1-0.040.360.54
0.680.961.00.560.630.970.840.711.0-0.190.810.690.960.480.661.00.690.840.83-0.461.00.780.0-0.031.0
0.840.80.630.210.630.670.830.60.61-0.580.620.840.80.090.260.640.840.740.86-0.90.650.820.410.330.64
0.650.960.970.390.970.670.920.80.96-0.180.890.760.970.290.50.960.760.920.9-0.480.970.86-0.02-0.080.97
0.760.930.850.180.840.830.920.830.84-0.360.910.840.940.040.350.850.840.970.99-0.650.860.970.070.050.86
0.560.730.71-0.150.710.60.80.830.7-0.130.850.720.76-0.150.190.710.720.870.85-0.390.720.78-0.02-0.350.72
0.660.961.00.571.00.610.960.840.7-0.170.820.680.950.480.671.00.680.830.82-0.451.00.77-0.01-0.041.0
-0.81-0.31-0.17-0.25-0.19-0.58-0.18-0.36-0.13-0.170.0-0.18-0.32-0.23-0.17-0.17-0.18-0.17-0.410.56-0.16-0.280.18-0.57-0.16
0.490.840.830.050.810.620.890.910.850.820.00.830.85-0.10.390.830.830.980.89-0.40.840.930.11-0.110.84
0.60.820.710.070.690.840.760.840.720.68-0.180.830.81-0.080.320.711.00.880.86-0.60.720.90.510.080.72
0.781.00.960.440.960.80.970.940.760.95-0.320.850.810.330.550.960.810.910.94-0.650.970.890.090.050.97
0.340.370.460.950.480.090.290.04-0.150.48-0.23-0.1-0.080.330.610.46-0.08-0.060.03-0.160.44-0.08-0.130.20.44
0.470.570.660.680.660.260.50.350.190.67-0.170.390.320.550.610.670.320.380.38-0.210.640.330.00.290.65
0.670.961.00.551.00.640.960.850.711.0-0.170.830.710.960.460.670.710.850.84-0.471.00.790.02-0.021.0
0.60.820.710.070.690.840.760.840.720.68-0.180.831.00.81-0.080.320.710.880.86-0.60.720.90.510.080.72
0.630.890.850.090.840.740.920.970.870.83-0.170.980.880.91-0.060.380.850.880.96-0.510.860.970.11-0.050.86
0.80.920.840.160.830.860.90.990.850.82-0.410.890.860.940.030.380.840.860.96-0.690.850.960.090.060.85
-0.73-0.65-0.47-0.24-0.46-0.9-0.48-0.65-0.39-0.450.56-0.4-0.6-0.65-0.16-0.21-0.47-0.6-0.51-0.69-0.48-0.61-0.34-0.4-0.48
0.670.971.00.531.00.650.970.860.721.0-0.160.840.720.970.440.641.00.720.860.85-0.480.810.04-0.031.0
0.680.880.790.10.780.820.860.970.780.77-0.280.930.90.89-0.080.330.790.90.970.96-0.610.810.20.110.8
0.00.140.02-0.040.00.41-0.020.07-0.02-0.010.180.110.510.09-0.130.00.020.510.110.09-0.340.040.20.150.03
0.320.07-0.030.36-0.030.33-0.080.05-0.35-0.04-0.57-0.110.080.050.20.29-0.020.08-0.050.06-0.4-0.030.110.15-0.03
0.670.971.00.541.00.640.970.860.721.0-0.160.840.720.970.440.651.00.720.860.85-0.481.00.80.03-0.03
Click cells to compare fundamentals

Element Solutions Account Relationship Matchups

Element Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding260.1M249.9M247.9M245.8M241.8M228.1M
Total Assets4.3B4.5B5.1B4.9B5.0B6.6B
Short Long Term Debt Total1.5B1.5B1.9B1.9B1.9B2.2B
Other Current Liab34.1M7.1M79.2M149.2M217.3M194.0M
Total Current Liabilities293.8M314.3M415.2M344.4M369.4M440.5M
Total Stockholder Equity2.2B2.3B2.5B2.3B2.3B2.4B
Other Liab232.1M342.9M328.2M255M293.3M509.0M
Property Plant And Equipment Net264.8M240.4M278.1M277.2M296.9M315.7M
Current Deferred Revenue155.1M204.2M184.9M51.5M59.2M56.3M
Net Debt1.3B1.2B1.6B1.6B1.6B2.0B
Retained Earnings(1.5B)(1.5B)(1.3B)(1.2B)(1.2B)(1.2B)
Accounts Payable96.8M95.6M138.4M132.2M140.6M147.8M
Cash190.1M291.9M330.1M265.6M289.3M329.7M
Non Current Assets Total3.5B3.5B3.9B3.7B3.8B5.0B
Non Currrent Assets Other102.2M144.5M68.9M97.6M115.1M109.3M
Other Assets400K147M162.8M134.4M154.6M146.8M
Long Term Debt1.5B1.5B1.9B1.9B1.9B2.2B
Cash And Short Term Investments190.1M291.9M330.1M265.6M289.3M329.7M
Net Receivables363.9M403.4M492.2M455.8M461.8M598.2M
Good Will2.2B2.3B2.5B2.4B2.3B2.7B
Liabilities And Stockholders Equity4.3B4.5B5.1B4.9B5.0B6.6B
Non Current Liabilities Total1.8B1.9B2.2B2.2B2.3B2.6B
Inventory199.6M203.1M274.4M290.7M298.9M297.9M
Other Current Assets50.3M67.5M88.4M138.1M147.5M107.2M
Other Stockholder Equity4.0B4.0B4.0B3.9B3.9B2.7B
Total Liab2.1B2.2B2.6B2.6B2.6B3.0B
Property Plant And Equipment Gross264.8M240M545.1M566M621.2M396.3M
Total Current Assets833.4M989.9M1.2B1.2B1.2B1.6B
Accumulated Other Comprehensive Income(280.5M)(194.8M)(197.4M)(298.1M)(345.9M)(363.2M)
Treasury Stock(3.5M)(78.9M)(137.7M)(159.2M)(143.3M)(136.1M)
Short Term Debt7.8M7.4M12.7M11.5M10.4M9.8M
Intangible Assets944.4M855.9M956.7M805.5M879.3M1.2B
Property Plant Equipment264.8M240.4M278.1M277.2M318.8M314.7M
Net Tangible Assets(903.1M)(788.8M)(1.0B)1.5B1.8B1.8B
Noncontrolling Interest In Consolidated Entity(1.6M)(1.7M)20.1M16.6M14.9M14.2M
Retained Earnings Total Equity(1.5B)(1.5B)(1.3B)(1.2B)(1.1B)(1.2B)
Long Term Debt Total1.5B1.5B1.9B1.9B1.7B2.6B

Pair Trading with Element Solutions

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 Element Solutions 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 Element Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving together with Element Stock

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The ability to find closely correlated positions to Element Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Solutions 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 Element Solutions - 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 Element Solutions to buy it.
The correlation of Element Solutions 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 Element Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Solutions 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 Element Solutions 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 CorrelationCorrelation Matching
When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' 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 Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Element Solutions' 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 Element Solutions. If investors know Element 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 Element Solutions 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
0.293
Dividend Share
0.32
Earnings Share
0.53
Revenue Per Share
9.661
Quarterly Revenue Growth
0.001
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.