Axa Other Operating Expenses vs Ebit Analysis

EQH Stock  USD 54.08  0.70  1.31%   
Axa Equitable financial indicator trend analysis is way more than just evaluating Axa Equitable Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axa Equitable Holdings is a good investment. Please check the relationship between Axa Equitable Other Operating Expenses and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Axa Equitable Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axa Equitable Holdings Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Axa Equitable's Other Operating Expenses and Ebit is -0.37. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Axa Equitable Holdings, assuming nothing else is changed. The correlation between historical values of Axa Equitable's Other Operating Expenses and Ebit 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 Axa Equitable Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Axa Equitable's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Axa Equitable Holdings. It is also known as Axa Equitable 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.

Ebit

Most indicators from Axa Equitable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axa Equitable Holdings 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 Axa Equitable Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
As of now, Axa Equitable's Tax Provision is increasing as compared to previous years. The Axa Equitable's current Enterprise Value Over EBITDA is estimated to increase to 7.59, while Selling General Administrative is projected to decrease to under 2.4 B.
 2022 2023 2024 2025 (projected)
Gross Profit10.4B6.3B10.0B7.5B
Total Revenue12.6B10.5B12.4B9.3B

Axa Equitable fundamental ratios Correlations

0.310.59-0.670.070.74-0.880.73-0.170.38-0.830.48-0.2-0.760.520.20.59-0.59-0.59-0.330.62-0.4-0.89-0.740.980.27
0.310.25-0.04-0.110.56-0.140.51-0.730.2-0.510.720.66-0.70.650.040.310.19-0.76-0.180.190.24-0.140.020.381.0
0.590.25-0.460.140.49-0.490.480.10.52-0.530.13-0.01-0.430.430.770.13-0.39-0.54-0.250.92-0.14-0.4-0.460.610.23
-0.67-0.04-0.46-0.26-0.330.78-0.370.11-0.440.53-0.310.150.340.05-0.17-0.590.90.150.39-0.450.190.570.65-0.7-0.02
0.07-0.110.14-0.26-0.23-0.25-0.25-0.07-0.080.120.350.220.26-0.410.280.28-0.130.38-0.590.060.41-0.25-0.520.12-0.1
0.740.560.49-0.33-0.23-0.380.99-0.380.5-0.510.39-0.01-0.850.760.270.59-0.39-0.850.10.61-0.37-0.49-0.320.750.52
-0.88-0.14-0.490.78-0.25-0.38-0.370.14-0.250.83-0.520.120.48-0.18-0.05-0.450.630.280.62-0.420.180.870.81-0.86-0.11
0.730.510.48-0.37-0.250.99-0.37-0.330.52-0.490.33-0.07-0.840.720.270.61-0.44-0.830.140.62-0.42-0.47-0.30.750.46
-0.17-0.730.10.11-0.07-0.380.14-0.33-0.050.27-0.83-0.770.33-0.210.31-0.44-0.020.410.40.17-0.540.140.11-0.2-0.73
0.380.20.52-0.44-0.080.5-0.250.52-0.05-0.22-0.030.06-0.310.170.650.03-0.52-0.38-0.090.65-0.070.040.070.490.17
-0.83-0.51-0.530.530.12-0.510.83-0.490.27-0.22-0.56-0.080.69-0.51-0.02-0.330.290.660.47-0.470.160.740.52-0.81-0.49
0.480.720.13-0.310.350.39-0.520.33-0.83-0.03-0.560.64-0.480.27-0.190.55-0.07-0.43-0.640.010.43-0.51-0.480.510.72
-0.20.66-0.010.150.22-0.010.12-0.07-0.770.06-0.080.640.04-0.040.01-0.030.36-0.25-0.52-0.130.880.240.19-0.120.69
-0.76-0.7-0.430.340.26-0.850.48-0.840.33-0.310.69-0.480.04-0.88-0.08-0.540.250.81-0.1-0.450.470.560.32-0.78-0.67
0.520.650.430.05-0.410.76-0.180.72-0.210.17-0.510.27-0.04-0.880.140.210.07-0.780.290.4-0.45-0.35-0.120.510.62
0.20.040.77-0.170.280.27-0.050.270.310.65-0.02-0.190.01-0.080.14-0.11-0.2-0.26-0.080.83-0.020.06-0.060.280.02
0.590.310.13-0.590.280.59-0.450.61-0.440.03-0.330.55-0.03-0.540.21-0.11-0.52-0.36-0.10.22-0.22-0.63-0.610.590.28
-0.590.19-0.390.9-0.13-0.390.63-0.44-0.02-0.520.29-0.070.360.250.07-0.2-0.520.060.16-0.440.340.450.58-0.610.22
-0.59-0.76-0.540.150.38-0.850.28-0.830.41-0.380.66-0.43-0.250.81-0.78-0.26-0.360.06-0.01-0.610.170.350.1-0.6-0.73
-0.33-0.18-0.250.39-0.590.10.620.140.4-0.090.47-0.64-0.52-0.10.29-0.08-0.10.16-0.01-0.12-0.640.420.5-0.35-0.18
0.620.190.92-0.450.060.61-0.420.620.170.65-0.470.01-0.13-0.450.40.830.22-0.44-0.61-0.12-0.27-0.37-0.340.660.16
-0.40.24-0.140.190.41-0.370.18-0.42-0.54-0.070.160.430.880.47-0.45-0.02-0.220.340.17-0.64-0.270.330.16-0.350.27
-0.89-0.14-0.40.57-0.25-0.490.87-0.470.140.040.74-0.510.240.56-0.350.06-0.630.450.350.42-0.370.330.9-0.82-0.11
-0.740.02-0.460.65-0.52-0.320.81-0.30.110.070.52-0.480.190.32-0.12-0.06-0.610.580.10.5-0.340.160.9-0.680.05
0.980.380.61-0.70.120.75-0.860.75-0.20.49-0.810.51-0.12-0.780.510.280.59-0.61-0.6-0.350.66-0.35-0.82-0.680.34
0.271.00.23-0.02-0.10.52-0.110.46-0.730.17-0.490.720.69-0.670.620.020.280.22-0.73-0.180.160.27-0.110.050.34
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Axa Equitable Account Relationship Matchups

Axa Equitable fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding450.4M417.4M379.9M351.6M318.2M379.0M
Total Assets282.3B292.3B252.7B276.8B8.9B8.4B
Short Long Term Debt Total4.1B5.1B5.2B5.6B3.8B5.4B
Other Current Liab(2.8B)13.9B(714M)2.2B2.5B2.7B
Total Current Liabilities2.8B2.8B3.0B5.1B4.6B2.8B
Total Stockholder Equity15.6B11.5B1.4B2.6B1.6B1.5B
Other Liab215.6B251.1B272.3B232.4B267.3B237.9B
Net Tangible Assets7.7B11.0B5.2B(3.4B)(3.0B)(2.9B)
Net Debt(2.1B)(66M)950M(2.6B)2.2B2.3B
Retained Earnings10.7B8.9B9.8B10.2B10.6B8.8B
Accounts Payable2.8B2.7B2.2B2.7B4.1B2.7B
Cash6.2B5.2B4.3B8.2B1.6B1.5B
Non Current Assets Total93.8B88.2B74.2B243.3B2.0B1.9B
Non Currrent Assets Other(93.8B)(88.2B)(1.2B)229.7B264.2B277.4B
Other Assets93.5B181.6B81.1B5.3B5.3B5.0B
Long Term Debt4.1B5.0B4.5B5.4B5.9B4.6B
Cash And Short Term Investments88.2B5.2B4.3B9.4B1.6B1.5B
Net Receivables6.8B17.3B11.6B12.2B8.0B10.1B
Good Will4.6B4.6B5.1B5.1B5.9B5.3B
Short Term Investments82.0B79.9B64.9B1.5B76.6B60.1B
Long Term Debt Total6.4B4.1B3.9B3.3B3.0B4.4B
Liabilities And Stockholders Equity282.3B292.3B252.7B276.8B8.9B8.4B
Non Current Liabilities Total4.9B5.0B3.3B256.5B3.8B3.6B
Capital Surpluse1.9B2.0B1.9B2.3B2.6B1.8B
Other Current Assets21.3B27.6B29.7B18.8B21.6B18.2B
Other Stockholder Equity(260M)(931M)(998M)(1.4B)(1.9B)(1.8B)
Total Liab265.0B278.7B249.1B271.7B7.3B6.9B
Deferred Long Term Liab5.9B749M5.5B8.2B7.4B4.5B
Long Term Investments109.1B105.1B93.1B75.2B85.0B85.6B
Total Current Assets95.0B22.5B97.4B28.2B1.6B1.5B
Accumulated Other Comprehensive Income3.9B2.0B(9.0B)(7.8B)(8.7B)(8.3B)
Short Term Debt4.1B92M759M254M228.6M217.2M
Intangible Assets4.7B4.7B5.5B5.4B6.2B4.5B
Cash And Equivalents4.4B6.2B5.2B4.3B3.9B4.0B
Net Invested Capital18.7B15.1B5.3B6.7B6.0B10.7B
Warrants365M143M468M455M523.3M356.0M
Noncontrolling Interest In Consolidated Entity1.6B1.6B1.6B1.7B2.0B1.8B
Retained Earnings Total Equity11.8B10.7B8.9B9.9B8.9B8.9B

Currently Active Assets on Macroaxis

When determining whether Axa Equitable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axa Equitable'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 Axa Equitable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axa Equitable Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Axa Equitable Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Diversified Financial Services space 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 Axa Equitable. If investors know Axa 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 Axa Equitable 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
(0.40)
Dividend Share
0.96
Earnings Share
3.78
Revenue Per Share
38.72
Quarterly Revenue Growth
0.946
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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.