Axa Total Operating Expenses vs Other Operating Expenses Analysis
EQH Stock | USD 48.23 0.15 0.31% |
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 Total Operating Expenses and its Other Operating Expenses 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.
Total Operating Expenses vs Other Operating Expenses
Total Operating Expenses vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axa Equitable Holdings Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Axa Equitable's Total Operating Expenses and Other Operating Expenses is -0.86. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses 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 Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Axa Equitable Holdings are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., Axa Equitable's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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.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 Selling General Administrative is increasing as compared to previous years. The Axa Equitable's current Enterprise Value Over EBITDA is estimated to increase to 7.52, while Tax Provision is forecasted to increase to (718.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.6B | 10.4B | 6.3B | 7.5B | Total Revenue | 11.0B | 12.6B | 10.5B | 9.3B |
Axa Equitable fundamental ratios Correlations
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Axa Equitable Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axa Equitable fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 493.6M | 450.4M | 417.4M | 379.9M | 351.6M | 391.5M | |
Total Assets | 249.9B | 282.3B | 292.3B | 252.7B | 276.8B | 272.9B | |
Short Long Term Debt Total | 10.5B | 4.1B | 5.1B | 5.2B | 4.7B | 5.6B | |
Other Current Liab | (2.1B) | (2.8B) | 13.9B | (714M) | 2.2B | 2.3B | |
Total Current Liabilities | 2.1B | 2.8B | 2.8B | 3.0B | 5.1B | 2.8B | |
Total Stockholder Equity | 13.5B | 15.6B | 11.5B | 1.4B | 2.6B | 2.5B | |
Other Liab | 215.6B | 251.1B | 272.3B | 232.4B | 267.3B | 237.9B | |
Net Tangible Assets | 7.7B | 11.0B | 5.2B | (3.4B) | (3.0B) | (2.9B) | |
Net Debt | (294M) | (2.1B) | (66M) | 950M | (4.5B) | (4.2B) | |
Retained Earnings | 11.8B | 10.7B | 8.9B | 9.8B | 10.2B | 8.8B | |
Accounts Payable | 2.1B | 2.8B | 2.7B | 2.2B | 2.7B | 2.5B | |
Cash | 4.4B | 6.2B | 5.2B | 4.3B | 8.2B | 6.1B | |
Non Current Assets Total | 79.5B | 93.8B | 88.2B | 74.2B | 243.3B | 255.5B | |
Non Currrent Assets Other | (79.5B) | (93.8B) | (88.2B) | (1.2B) | 227.7B | 239.0B | |
Other Assets | 159.4B | 93.5B | 181.6B | 81.1B | 5.3B | 5.0B | |
Long Term Debt | 6.4B | 4.1B | 5.0B | 4.5B | 5.4B | 4.6B | |
Cash And Short Term Investments | 4.4B | 88.2B | 5.2B | 4.3B | 9.4B | 8.9B | |
Net Receivables | 6.6B | 6.8B | 17.3B | 11.6B | 12.2B | 10.2B | |
Good Will | 4.6B | 4.6B | 4.6B | 5.1B | 5.1B | 5.3B | |
Short Term Investments | 66.3B | 82.0B | 79.9B | 64.9B | 1.5B | 1.4B | |
Long Term Debt Total | 6.4B | 4.1B | 3.9B | 3.3B | 3.0B | 4.4B | |
Liabilities And Stockholders Equity | 249.9B | 282.3B | 292.3B | 252.7B | 276.8B | 272.9B | |
Non Current Liabilities Total | 4.7B | 4.9B | 5.0B | 3.3B | 259.0B | 271.9B | |
Capital Surpluse | 1.9B | 2.0B | 1.9B | 2.3B | 2.6B | 1.8B | |
Other Current Assets | 14.2B | 21.3B | 27.6B | 29.7B | 18.8B | 18.2B | |
Other Stockholder Equity | 88M | (260M) | (931M) | (998M) | (1.4B) | (1.3B) | |
Total Liab | 234.4B | 265.0B | 278.7B | 249.1B | 271.7B | 258.6B | |
Deferred Long Term Liab | 5.9B | 749M | 5.5B | 8.2B | 7.4B | 4.5B | |
Long Term Investments | 74.7B | 109.1B | 105.1B | 93.1B | 75.2B | 84.7B | |
Short Long Term Debt | 2.9B | 546M | 92M | 759M | 254M | 241.3M | |
Total Current Assets | 11.0B | 95.0B | 22.5B | 97.4B | 28.2B | 42.6B | |
Accumulated Other Comprehensive Income | 840M | 3.9B | 2.0B | (9.0B) | (7.8B) | (7.4B) | |
Short Term Debt | 4.1B | 4.1B | 92M | 759M | 254M | 241.3M | |
Intangible Assets | 4.8B | 4.7B | 4.7B | 5.5B | 5.4B | 4.5B | |
Cash And Equivalents | 4.4B | 6.2B | 5.2B | 4.3B | 3.9B | 4.0B | |
Net Invested Capital | 16.9B | 18.7B | 15.1B | 5.3B | 6.7B | 11.6B | |
Warrants | 365M | 143M | 468M | 455M | 523.3M | 356.0M | |
Noncontrolling Interest In Consolidated Entity | 1.6B | 1.6B | 1.6B | 1.7B | 2.0B | 1.8B | |
Retained Earnings Total Equity | 11.8B | 10.7B | 8.9B | 9.9B | 8.9B | 8.9B |
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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 0.22 | Earnings Share (0.91) | Revenue Per Share 32.942 | Quarterly Revenue Growth (0.25) |
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.