Expeditors Other Current Liab vs Total Assets Analysis

EXPD Stock  USD 121.25  0.40  0.33%   
Expeditors International financial indicator trend analysis is much more than just examining Expeditors International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expeditors International is a good investment. Please check the relationship between Expeditors International Other Current Liab and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expeditors International of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expeditors International Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Expeditors International's Other Current Liab and Total Assets is 0.85. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Expeditors International of, assuming nothing else is changed. The correlation between historical values of Expeditors International's Other Current Liab and Total Assets 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 Current Liab of Expeditors International of are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Expeditors International's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Total Assets

Total assets refers to the total amount of Expeditors International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Expeditors International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Expeditors International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expeditors International 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 Expeditors International of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Expeditors International's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 105.6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 8.43.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.2B1.2B816.9M
Total Revenue16.5B17.1B9.3B9.8B

Expeditors International fundamental ratios Correlations

0.780.850.970.960.88-0.660.960.890.770.240.890.88-0.190.80.840.190.980.990.810.490.890.850.860.320.36
0.780.860.630.880.88-0.780.890.880.860.490.880.530.080.620.350.050.660.710.690.630.560.430.410.650.71
0.850.860.760.830.89-0.590.860.870.920.610.870.56-0.330.830.53-0.050.80.770.890.460.570.550.620.220.3
0.970.630.760.870.76-0.510.880.750.660.180.750.93-0.280.730.930.160.990.980.730.420.920.930.950.180.2
0.960.880.830.870.89-0.831.00.950.760.180.950.830.030.70.710.180.880.940.730.570.850.730.70.550.57
0.880.880.890.760.89-0.60.90.910.950.480.910.6-0.250.910.550.230.820.80.930.520.610.540.620.340.4
-0.66-0.78-0.59-0.51-0.83-0.6-0.8-0.85-0.460.03-0.85-0.56-0.48-0.32-0.37-0.07-0.5-0.66-0.35-0.46-0.6-0.41-0.28-0.79-0.79
0.960.890.860.881.00.9-0.80.950.790.230.950.82-0.030.730.70.120.890.940.760.580.830.720.70.510.54
0.890.880.870.750.950.91-0.850.950.820.291.00.650.00.770.570.170.790.840.790.450.670.570.570.490.53
0.770.860.920.660.760.95-0.460.790.820.730.810.42-0.350.890.40.120.730.660.930.450.430.420.540.230.33
0.240.490.610.180.180.480.030.230.290.730.29-0.13-0.420.52-0.05-0.150.250.10.590.11-0.120.030.17-0.090.05
0.890.880.870.750.950.91-0.850.951.00.810.290.650.010.770.570.170.790.840.790.460.670.570.570.490.54
0.880.530.560.930.830.6-0.560.820.650.42-0.130.65-0.090.510.910.180.890.940.510.511.00.910.860.290.3
-0.190.08-0.33-0.280.03-0.25-0.48-0.030.0-0.35-0.420.01-0.09-0.55-0.26-0.08-0.34-0.14-0.550.05-0.03-0.14-0.390.780.71
0.80.620.830.730.70.91-0.320.730.770.890.520.770.51-0.550.60.260.810.710.990.270.490.530.69-0.070.0
0.840.350.530.930.710.55-0.370.70.570.4-0.050.570.91-0.260.60.240.910.90.570.230.890.970.960.020.01
0.190.05-0.050.160.180.23-0.070.120.170.12-0.150.170.18-0.080.260.240.190.190.190.050.20.110.160.020.01
0.980.660.80.990.880.82-0.50.890.790.730.250.790.89-0.340.810.910.190.970.810.410.880.90.940.140.17
0.990.710.770.980.940.8-0.660.940.840.660.10.840.94-0.140.710.90.190.970.720.470.940.90.880.320.34
0.810.690.890.730.730.93-0.350.760.790.930.590.790.51-0.550.990.570.190.810.720.320.490.510.67-0.030.05
0.490.630.460.420.570.52-0.460.580.450.450.110.460.510.050.270.230.050.410.470.320.530.270.230.50.54
0.890.560.570.920.850.61-0.60.830.670.43-0.120.671.0-0.030.490.890.20.880.940.490.530.90.840.360.36
0.850.430.550.930.730.54-0.410.720.570.420.030.570.91-0.140.530.970.110.90.90.510.270.90.950.150.15
0.860.410.620.950.70.62-0.280.70.570.540.170.570.86-0.390.690.960.160.940.880.670.230.840.95-0.05-0.02
0.320.650.220.180.550.34-0.790.510.490.23-0.090.490.290.78-0.070.020.020.140.32-0.030.50.360.15-0.050.98
0.360.710.30.20.570.4-0.790.540.530.330.050.540.30.710.00.010.010.170.340.050.540.360.15-0.020.98
Click cells to compare fundamentals

Expeditors International Account Relationship Matchups

Expeditors International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.9B7.6B5.6B4.6B4.9B
Other Current Liab213.1M257.0M403.6M479.3M447.3M469.7M
Total Current Liabilities1.2B1.9B3.7B2.1B1.7B1.8B
Total Stockholder Equity2.2B2.7B3.5B3.1B2.4B2.5B
Property Plant And Equipment Net889.4M939.1M947.0M1.0B995.5M1.0B
Net Debt(838.8M)(1.1B)(1.3B)(1.5B)(985.2M)(935.9M)
Retained Earnings2.3B2.6B3.6B3.3B2.6B2.7B
Cash1.2B1.5B1.7B2.0B1.5B1.6B
Non Current Assets Total922.0M964.0M974.9M1.1B1.4B1.5B
Non Currrent Assets Other16.6M16.9M19.2M17.6M339.9M356.9M
Cash And Short Term Investments1.2B1.5B1.7B2.0B1.5B1.6B
Net Receivables1.3B2.0B3.8B2.1B1.5B816.4M
Common Stock Shares Outstanding174.2M170.9M171.3M164.4M150.2M156.3M
Liabilities And Stockholders Equity3.7B4.9B7.6B5.6B4.5B4.7B
Non Current Liabilities Total326.3M371.2M385.6M422.8M428.0M449.4M
Other Current Assets92.6M437.7M1.1B376.2M170.9M179.5M
Other Stockholder Equity3.2M157.5M3.2M139K159.9K151.9K
Total Liab1.5B2.3B4.1B2.5B2.1B2.2B
Total Current Assets2.8B4.0B6.6B4.5B3.2B3.4B
Short Term Debt65.4M74.0M82.0M95.6M99.7M104.7M
Accounts Payable735.7M1.1B2.0B1.1B860.9M540.4M
Current Deferred Revenue154.2M379.7M1.1B323.1M280.9M320.3M
Inventory131.8M327.4M987.3M257.5M296.2M311.0M
Accumulated Other Comprehensive Income(131.2M)(99.8M)(130.4M)(202.6M)(192.1M)(182.5M)
Common Stock1.7M1.7M1.7M1.5M1.4M1.5M
Common Stock Total Equity1.7M1.7M1.7M1.5M1.8M1.5M
Property Plant And Equipment Gross889.4M939.1M947.0M1.0B1.6B1.7B
Other Assets24.7M449.6M19.9M55.1M1.00.95
Property Plant Equipment499.3M506.4M947.0M501.9M577.2M501.0M
Net Tangible Assets2.5B3.0B3.5B3.5B4.1B2.5B
Noncontrolling Interest In Consolidated Entity2.2M3.6M3.6M3.5M3.2M2.9M
Retained Earnings Total Equity2.3B2.6B3.6B3.3B3.8B2.3B
Capital Surpluse3.2M157.5M3.2M139K159.9K151.9K

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.
When determining whether Expeditors International is a strong investment it is important to analyze Expeditors International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Expeditors International's future performance. For an informed investment choice regarding Expeditors Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expeditors International of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Air Freight & Logistics 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 Expeditors International. If investors know Expeditors 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 Expeditors International 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
0.405
Dividend Share
1.42
Earnings Share
5.12
Revenue Per Share
69.694
Quarterly Revenue Growth
0.37
The market value of Expeditors International is measured differently than its book value, which is the value of Expeditors that is recorded on the company's balance sheet. Investors also form their own opinion of Expeditors International's value that differs from its market value or its book value, called intrinsic value, which is Expeditors International'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 Expeditors International's market value can be influenced by many factors that don't directly affect Expeditors International'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 Expeditors International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expeditors International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expeditors International'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.