Stonex Other Operating Expenses vs Ebit Analysis

SNEX Stock  USD 103.76  0.42  0.40%   
Stonex financial indicator trend analysis is much more than just breaking down Stonex Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stonex Group is a good investment. Please check the relationship between Stonex Other Operating Expenses and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stonex Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

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 Stonex Group Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Stonex's Other Operating Expenses and Ebit is 0.1. 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 Stonex Group, assuming nothing else is changed. The correlation between historical values of Stonex'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 Stonex Group 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., Stonex's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Stonex Group. It is also known as Stonex 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 Stonex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stonex Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stonex Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Tax Provision is likely to rise to about 102 M in 2024, whereas Selling General Administrative is likely to drop slightly above 56.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense135.5M859.7M1.1B1.2B
Depreciation And Amortization65.6B65M53.1M50.4M

Stonex fundamental ratios Correlations

0.61-0.350.30.760.720.190.560.690.710.280.560.750.730.590.550.440.290.60.810.60.190.130.680.130.82
0.61-0.060.260.890.95-0.110.960.850.970.410.990.940.940.051.00.70.581.00.740.89-0.53-0.230.85-0.620.84
-0.35-0.06-0.31-0.26-0.07-0.51-0.11-0.57-0.11-0.26-0.06-0.14-0.09-0.08-0.03-0.25-0.46-0.05-0.42-0.19-0.29-0.44-0.3-0.31-0.38
0.30.26-0.310.270.270.640.260.280.310.970.290.310.450.210.250.210.20.260.260.67-0.08-0.110.28-0.140.23
0.760.89-0.260.270.920.030.910.870.950.360.870.970.870.090.860.60.470.880.920.81-0.17-0.240.86-0.420.97
0.720.95-0.070.270.92-0.020.910.820.940.390.930.930.960.150.930.650.610.950.740.85-0.36-0.360.87-0.520.85
0.19-0.11-0.510.640.03-0.02-0.110.1-0.080.55-0.1-0.060.010.2-0.13-0.330.23-0.120.00.210.330.120.310.310.07
0.560.96-0.110.260.910.91-0.110.840.940.430.980.930.88-0.10.960.70.50.960.790.86-0.56-0.260.81-0.710.86
0.690.85-0.570.280.870.820.10.840.840.380.840.830.80.070.830.740.730.840.830.78-0.270.040.83-0.340.89
0.710.97-0.110.310.950.94-0.080.940.840.430.941.00.940.130.950.640.450.960.860.89-0.36-0.220.84-0.510.91
0.280.41-0.260.970.360.390.550.430.380.430.460.410.560.10.420.330.280.410.320.78-0.3-0.150.38-0.350.31
0.560.99-0.060.290.870.93-0.10.980.840.940.460.920.92-0.020.990.720.570.990.720.9-0.6-0.230.83-0.690.82
0.750.94-0.140.310.970.93-0.060.930.831.00.410.920.920.150.920.620.40.930.90.87-0.29-0.210.83-0.470.94
0.730.94-0.090.450.870.960.010.880.80.940.560.920.920.250.920.710.550.930.730.93-0.38-0.30.79-0.50.8
0.590.05-0.080.210.090.150.2-0.10.070.130.1-0.020.150.250.01-0.02-0.020.050.160.130.370.290.130.540.17
0.551.0-0.030.250.860.93-0.130.960.830.950.420.990.920.920.010.70.581.00.70.88-0.6-0.240.83-0.670.8
0.440.7-0.250.210.60.65-0.330.70.740.640.330.720.620.71-0.020.70.550.70.590.63-0.47-0.090.38-0.50.55
0.290.58-0.460.20.470.610.230.50.730.450.280.570.40.55-0.020.580.550.590.260.53-0.29-0.150.65-0.290.41
0.61.0-0.050.260.880.95-0.120.960.840.960.410.990.930.930.051.00.70.590.730.89-0.55-0.230.84-0.630.82
0.810.74-0.420.260.920.740.00.790.830.860.320.720.90.730.160.70.590.260.730.69-0.020.030.7-0.210.96
0.60.89-0.190.670.810.850.210.860.780.890.780.90.870.930.130.880.630.530.890.69-0.45-0.240.77-0.560.75
0.19-0.53-0.29-0.08-0.17-0.360.33-0.56-0.27-0.36-0.3-0.6-0.29-0.380.37-0.6-0.47-0.29-0.55-0.02-0.450.14-0.220.84-0.12
0.13-0.23-0.44-0.11-0.24-0.360.12-0.260.04-0.22-0.15-0.23-0.21-0.30.29-0.24-0.09-0.15-0.230.03-0.240.14-0.110.56-0.02
0.680.85-0.30.280.860.870.310.810.830.840.380.830.830.790.130.830.380.650.840.70.77-0.22-0.11-0.330.85
0.13-0.62-0.31-0.14-0.42-0.520.31-0.71-0.34-0.51-0.35-0.69-0.47-0.50.54-0.67-0.5-0.29-0.63-0.21-0.560.840.56-0.33-0.28
0.820.84-0.380.230.970.850.070.860.890.910.310.820.940.80.170.80.550.410.820.960.75-0.12-0.020.85-0.28
Click cells to compare fundamentals

Stonex Account Relationship Matchups

Stonex fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding28.8M29.5M30.1M30.9M31.6M33.2M
Total Assets3.0B3.3B3.4B21.9B27.5B28.8B
Other Current Liab(6.0B)1.7B(14.7B)(4.9B)(18.1M)(19.0M)
Total Current Liabilities1.9B1.7B2.0B11.3B18.1M17.2M
Total Stockholder Equity603M882M780M1.4B1.7B1.8B
Property Plant And Equipment Net130M66M55M245.6M300.1M315.1M
Net Debt(182.3M)(465.4M)5.0B5.4B(1.3B)(1.2B)
Retained Earnings(144M)74M(119M)1.1B1.4B1.5B
Accounts Payable6.0B86M10.3B10.5B12.1B12.7B
Cash301M612M354M1.1B1.3B1.3B
Non Current Assets Total580M589M831M20.8B427M405.7M
Non Currrent Assets Other(36.9M)(35.1M)(52M)15.6B18.0B18.9B
Cash And Short Term Investments358M747M430M1.1B1.3B1.3B
Net Receivables4.1B2.7B1.8B8.2B7.3B7.6B
Liabilities And Stockholders Equity13.5B18.8B19.9B21.9B27.5B28.8B
Non Current Liabilities Total348M495M496M20.6B25.7B27.0B
Other Current Assets8.7B(1.5B)(398.6M)6.5B7.5B7.9B
Other Stockholder Equity235M(657.4M)270.9M302.6M345M362.3M
Total Liab2.4B2.4B2.7B20.6B25.8B27.0B
Property Plant And Equipment Gross163.6M280.6M234.7M245.6M282.4M296.6M
Total Current Assets2.2B2.4B2.3B16.3B9.2B9.7B
Accumulated Other Comprehensive Income(40.1M)(25.1M)(90.6M)(51.8M)(25.2M)(23.9M)
Common Stock747M808M899M200K400K380K
Intangible Assets18M61M163M23.1M26.6M35.5M
Short Long Term Debt Total118.7M755.6M5.4B6.5B7.4B7.8B
Inventory281.1M447.5M513.5M537.3M681.1M715.2M
Short Term Debt268.1M248.6M4.4B5.7B6.5B6.9B
Short Term Investments57M135M76M2.4B2.8B2.9B
Current Deferred Revenue(4.4B)(268.1M)(248.6M)(485.1M)(436.6M)(458.4M)
Other Assets303M281M286M(15.2B)17.8B18.7B
Net Tangible Assets526.3M658M803.2M983.9M1.1B1.2B
Long Term Debt5.4B507M5.2B6.0B6.9B7.2B
Long Term Investments5.9B4.4B5.4B8.0B9.2B9.7B
Non Current Liabilities Other686M6.3B2.5B3.1B3.5B2.7B

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