Corpay Net Invested Capital vs Long Term Investments Analysis

CPAY Stock   357.42  9.79  2.82%   
Corpay financial indicator trend analysis is way more than just evaluating Corpay Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corpay Inc is a good investment. Please check the relationship between Corpay Net Invested Capital and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Invested Capital vs Long Term Investments

JavaScript chart by amCharts 3.21.15201620182020202220248B8.5B9B9.5B10B10.5B11B 10M15M20M25M30M35M40M45M50M55M60M65M70M75M
JavaScript chart by amCharts 3.21.15Net Invested Capitaltotal: 103.5BLong Term Investmentstotal: 384M

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corpay Inc Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
Net Invested CapitalLong Term InvestmentsDiversified AwayNet Invested CapitalLong Term InvestmentsDiversified Away100%
The correlation between Corpay's Net Invested Capital and Long Term Investments is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Corpay Inc, assuming nothing else is changed. The correlation between historical values of Corpay's Net Invested Capital and Long Term Investments 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 Invested Capital of Corpay Inc are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., Corpay's Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of Corpay balance sheet that represents investments Corpay Inc intends to hold for over a year. Corpay Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Corpay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corpay Inc 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 Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Corpay's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 19.54 in 2025, whereas Selling General Administrative is likely to drop slightly above 415.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit2.7B2.9B3.4B1.9B
Total Revenue3.4B3.8B4.3B2.5B

Corpay fundamental ratios Correlations

0.990.750.960.850.850.980.870.970.910.960.640.910.940.99-0.450.990.770.48-0.660.990.960.880.770.83-0.32
0.990.710.970.780.840.990.870.970.910.940.710.920.940.96-0.490.990.780.4-0.661.00.970.910.730.81-0.31
0.750.710.760.630.920.70.890.710.660.690.410.670.680.72-0.690.710.890.89-0.870.750.760.610.480.87-0.72
0.960.970.760.710.870.970.890.960.890.870.710.90.960.91-0.60.940.820.48-0.760.990.990.930.60.86-0.33
0.850.780.630.710.670.760.640.810.770.940.260.780.730.92-0.060.820.490.44-0.350.770.690.650.930.63-0.28
0.850.840.920.870.670.830.970.840.790.770.570.790.860.81-0.740.810.950.65-0.90.860.870.80.530.9-0.7
0.980.990.70.970.760.830.860.950.850.930.70.860.940.95-0.520.980.780.4-0.680.990.950.890.720.82-0.31
0.870.870.890.890.640.970.860.840.80.780.730.810.850.82-0.750.860.970.64-0.880.890.90.790.510.9-0.64
0.970.970.710.960.810.840.950.840.90.930.650.910.940.95-0.440.950.740.41-0.640.970.940.880.740.8-0.31
0.910.910.660.890.770.790.850.80.90.850.661.00.860.88-0.360.880.690.37-0.540.90.90.870.650.7-0.25
0.960.940.690.870.940.770.930.780.930.850.50.850.850.99-0.260.960.650.43-0.50.930.850.80.910.75-0.3
0.640.710.410.710.260.570.70.730.650.660.50.660.650.57-0.580.680.670.18-0.520.710.740.630.210.56-0.17
0.910.920.670.90.780.790.860.810.911.00.850.660.870.88-0.360.880.690.38-0.550.910.90.870.650.7-0.25
0.940.940.680.960.730.860.940.850.940.860.850.650.870.89-0.550.90.780.34-0.720.940.950.940.60.82-0.32
0.990.960.720.910.920.810.950.820.950.880.990.570.880.89-0.340.980.70.47-0.570.960.90.830.860.79-0.31
-0.45-0.49-0.69-0.6-0.06-0.74-0.52-0.75-0.44-0.36-0.26-0.58-0.36-0.55-0.34-0.44-0.86-0.530.9-0.53-0.61-0.540.06-0.740.67
0.990.990.710.940.820.810.980.860.950.880.960.680.880.90.98-0.440.770.45-0.620.980.940.840.780.8-0.29
0.770.780.890.820.490.950.780.970.740.690.650.670.690.780.7-0.860.770.68-0.940.810.840.70.350.88-0.69
0.480.40.890.480.440.650.40.640.410.370.430.180.380.340.47-0.530.450.68-0.690.470.50.240.280.66-0.6
-0.66-0.66-0.87-0.76-0.35-0.9-0.68-0.88-0.64-0.54-0.5-0.52-0.55-0.72-0.570.9-0.62-0.94-0.69-0.7-0.77-0.65-0.2-0.820.66
0.991.00.750.990.770.860.990.890.970.90.930.710.910.940.96-0.530.980.810.47-0.70.980.890.70.84-0.32
0.960.970.760.990.690.870.950.90.940.90.850.740.90.950.9-0.610.940.840.5-0.770.980.890.560.85-0.32
0.880.910.610.930.650.80.890.790.880.870.80.630.870.940.83-0.540.840.70.24-0.650.890.890.580.75-0.32
0.770.730.480.60.930.530.720.510.740.650.910.210.650.60.860.060.780.350.28-0.20.70.560.580.51-0.23
0.830.810.870.860.630.90.820.90.80.70.750.560.70.820.79-0.740.80.880.66-0.820.840.850.750.51-0.69
-0.32-0.31-0.72-0.33-0.28-0.7-0.31-0.64-0.31-0.25-0.3-0.17-0.25-0.32-0.310.67-0.29-0.69-0.60.66-0.32-0.32-0.32-0.23-0.69
Click cells to compare fundamentals

Corpay Account Relationship Matchups

Corpay fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.2B13.4B14.1B15.5B17.8B11.9B
Short Long Term Debt Total4.3B6.0B7.0B6.7B7.7B5.0B
Other Current Liab1.6B2.3B560.9M3.0B3.4B3.6B
Total Current Liabilities4.0B5.3B6.0B6.8B7.8B4.6B
Total Stockholder Equity3.4B2.9B2.5B3.3B3.8B3.3B
Property Plant And Equipment Net202.5M236.3M294.7M429.7M494.2M518.9M
Net Debt3.4B4.5B5.6B5.3B6.1B3.9B
Retained Earnings5.4B6.3B7.2B8.2B9.4B9.9B
Accounts Payable1.1B1.4B1.6B1.6B1.9B1.2B
Cash934.9M1.5B1.4B1.4B1.6B1.1B
Non Current Assets Total7.2B7.9B8.0B8.4B9.7B7.6B
Non Currrent Assets Other193.2M213.9M281.7M162.1M186.4M150.1M
Cash And Short Term Investments934.9M1.5B1.4B1.4B1.6B1.1B
Net Receivables2.1B1.8B3.4B3.5B4.0B2.3B
Good Will4.7B5.1B5.2B5.6B6.5B4.8B
Common Stock Shares Outstanding86.7M84.1M76.9M74.4M66.9M69.7M
Liabilities And Stockholders Equity11.2B13.4B14.1B15.5B17.8B11.9B
Non Current Liabilities Total3.9B5.2B5.5B5.4B6.2B4.1B
Other Current Assets1.7B2.2B(1.7B)2.2B2.6B2.7B
Other Stockholder Equity(698.5M)(1.9B)(3.2B)(10.9B)(9.8B)(9.3B)
Total Liab7.8B10.5B11.5B12.2B14.0B8.6B
Total Current Assets4.0B5.5B6.1B7.1B8.1B4.3B
Accumulated Other Comprehensive Income(1.4B)(1.5B)(1.5B)(1.3B)(1.2B)(1.2B)
Short Term Debt1.2B1.5B2.3B2.1B2.4B1.7B
Intangible Assets2.1B2.3B2.1B2.1B2.4B2.4B
Common Stock126K127K128K129K148.4K135.8K

Also Currently Popular

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 Corpay Stock Analysis

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