| EXFY Stock | | | USD 1.48 0.05 3.50% |
Expensify financial indicator trend analysis is much more than just examining Expensify latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expensify is a good investment. Please check the relationship between Expensify Capital Lease Obligations and its Net Invested Capital accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expensify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Expensify Stock please use our
How to Invest in Expensify guide.
Capital Lease Obligations vs Net Invested Capital
Capital Lease Obligations vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Expensify Capital Lease Obligations account and
Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Expensify's Capital Lease Obligations and Net Invested Capital is -0.54. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Expensify, assuming nothing else is changed. The correlation between historical values of Expensify's Capital Lease Obligations 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 Capital Lease Obligations of Expensify 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 Capital Lease Obligations i.e., Expensify's Capital Lease Obligations and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Capital Lease Obligations
Expensify capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Expensify asset purchases. For example, Expensify can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Expensify control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
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 Expensify's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expensify 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 Expensify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Expensify Stock please use our
How to Invest in Expensify guide.
Tax Provision is likely to drop to about 2.8
M in 2024.
Selling General Administrative is likely to drop to about 47.9
M in 2024
Expensify fundamental ratios Correlations
Click cells to compare fundamentals
Expensify Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Expensify Stock Analysis
When running Expensify's price analysis, check to
measure Expensify'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 Expensify is operating at the current time. Most of Expensify's value examination focuses on studying past and present price action to
predict the probability of Expensify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expensify's price. Additionally, you may evaluate how the addition of Expensify to your portfolios can decrease your overall portfolio volatility.