EZPW Stock | | | USD 12.80 0.15 1.19% |
EZCORP financial indicator trend analysis is much more than just examining EZCORP Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EZCORP Inc is a good investment. Please check the relationship between EZCORP Accounts Payable and its Total Current Liabilities accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP 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 american community survey.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EZCORP Inc Accounts Payable account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EZCORP's Accounts Payable and Total Current Liabilities is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of EZCORP Inc, assuming nothing else is changed. The correlation between historical values of EZCORP's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of EZCORP Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., EZCORP's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents EZCORP obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of EZCORP Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Total Current Liabilities
Total Current Liabilities is an item on EZCORP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of EZCORP Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from EZCORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EZCORP 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZCORP 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 american community survey.
At this time, EZCORP's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 34.1
M in 2024, whereas
Discontinued Operations is likely to drop (551.8
K) in 2024.
EZCORP fundamental ratios Correlations
Click cells to compare fundamentals
EZCORP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EZCORP fundamental ratios Accounts
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Additional Tools for EZCORP Stock Analysis
When running EZCORP's price analysis, check to
measure EZCORP'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 EZCORP is operating at the current time. Most of EZCORP's value examination focuses on studying past and present price action to
predict the probability of EZCORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EZCORP's price. Additionally, you may evaluate how the addition of EZCORP to your portfolios can decrease your overall portfolio volatility.