Axos Historical Balance Sheet From 2010 to 2024
AX Stock | USD 51.74 0.23 0.45% |
Trend analysis of Axos Financial balance sheet accounts such as Short Long Term Debt Total of 476.3 M or Total Current Liabilities of 841.1 M provides information on Axos Financial's total assets, liabilities, and equity, which is the actual value of Axos Financial to its prevalent stockholders. By breaking down trends over time using Axos Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Axos |
About Axos Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Axos Financial at a specified time, usually calculated after every quarter, six months, or one year. Axos Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Axos Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Axos currently owns. An asset can also be divided into two categories, current and non-current.
Axos Financial Balance Sheet Chart
Axos Financial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Axos Financial uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Axos Financial's Accounts Payable is fairly stable compared to the past year. Cash is likely to rise to about 2.7 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 476.3 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Axos Financial 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 Axos Financial 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.Total Current Liabilities
Total Current Liabilities is an item on Axos Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Axos Financial 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Axos Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axos Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 766.7 M in 2024, whereas Tax Provision is likely to drop slightly above 95.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 705.3M | 890.2M | 1.0B | 1.1B | Interest Expense | 52.6M | 374.0M | 430.1M | 451.6M |
Axos Financial fundamental ratios Correlations
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Axos Financial Account Relationship Matchups
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Axos Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9B | 14.3B | 17.5B | 20.3B | 23.4B | 24.6B | |
Short Long Term Debt Total | 478.3M | 574.9M | 562.7M | 451.8M | 519.5M | 476.3M | |
Total Current Liabilities | 702.1M | 745.0M | 774.6M | 696.6M | 801.1M | 841.1M | |
Total Stockholder Equity | 1.2B | 1.4B | 1.6B | 1.9B | 2.2B | 2.3B | |
Net Debt | (1.3B) | (140.8M) | (639.8M) | (1.8B) | (1.6B) | (1.5B) | |
Other Assets | 11.4B | 12.7B | 15.1B | 17.1B | 19.7B | 20.6B | |
Common Stock Shares Outstanding | 61.4M | 60.5M | 60.6M | 60.6M | 69.7M | 49.7M | |
Liabilities And Stockholders Equity | 13.9B | 14.3B | 17.5B | 20.3B | 23.4B | 24.6B | |
Other Stockholder Equity | 216.7M | 210.0M | 216.8M | 187.5M | 215.6M | 153.2M | |
Total Liab | 12.6B | 12.9B | 15.8B | 18.4B | 21.2B | 22.3B | |
Short Term Debt | 152.0M | 974.5M | 27.5M | 206.0M | 236.9M | 258.1M | |
Other Liab | 327.2M | 535.4M | 829.1M | 397.2M | 456.8M | 479.6M | |
Property Plant And Equipment Net | 103.6M | 90.4M | 105.4M | 116.9M | 134.5M | 141.2M | |
Retained Earnings | 1.0B | 1.2B | 1.4B | 1.7B | 2.0B | 2.1B | |
Accounts Payable | 550.1M | 745.0M | 829.1M | 696.6M | 801.1M | 841.1M | |
Cash | 1.8B | 715.6M | 1.2B | 2.2B | 2.6B | 2.7B | |
Non Current Assets Total | 323.8M | 323.2M | 445.9M | 410.7M | 472.3M | 495.9M | |
Non Currrent Assets Other | (151.4M) | (159.4M) | (206.2M) | (234.2M) | (269.4M) | (282.8M) | |
Long Term Debt | 235.8M | 574.9M | 562.7M | 451.8M | 519.5M | 545.5M | |
Cash And Short Term Investments | 1.9B | 903.0M | 1.5B | 2.5B | 2.8B | 3.0B | |
Net Receivables | 220.3M | 369.8M | 471.9M | 374.1M | 430.2M | 451.7M | |
Common Stock Total Equity | 673K | 681K | 689K | 695K | 799.3K | 839.2K | |
Short Term Investments | 187.6M | 187.3M | 262.5M | 232.4M | 267.2M | 165.0M | |
Non Current Liabilities Total | 478.3M | 574.9M | 562.7M | 451.8M | 519.5M | 495.5M | |
Inventory | (2.4B) | (2.0B) | (2.4B) | (2.9B) | (2.6B) | (2.5B) | |
Total Current Assets | 2.2B | 1.3B | 1.9B | 2.8B | 3.3B | 2.3B | |
Common Stock | 673K | 681K | 689K | 695K | 799.3K | 839.2K | |
Property Plant Equipment | 103.6M | 90.4M | 105.4M | 53.4M | 61.4M | 64.4M | |
Accumulated Other Comprehensive Income | (937K) | 2.5M | (2.9M) | (6.6M) | (5.9M) | (5.7M) | |
Other Current Liab | (702.1M) | (745.0M) | (54.4M) | (696.6M) | (626.9M) | (595.6M) | |
Treasury Stock | (82.5M) | (148.8M) | (195.1M) | (222.5M) | (200.3M) | (190.3M) | |
Good Will | 125.4M | 116.0M | 156.4M | 152.1M | 175.0M | 183.7M | |
Retained Earnings Total Equity | 1.0B | 1.2B | 1.4B | 1.7B | 2.0B | 2.1B | |
Intangible Assets | 10.7M | 17.9M | 25.2M | 25.4M | 29.3M | 30.7M | |
Net Tangible Assets | 1.1B | 1.3B | 1.6B | 1.8B | 2.0B | 1.0B | |
Long Term Debt Total | 235.8M | 221.4M | 445.2M | 361.8M | 416.0M | 436.8M | |
Capital Surpluse | 411.9M | 432.6M | 453.8M | 479.9M | 551.9M | 387.2M | |
Long Term Investments | 187.7M | 189.3M | 264.3M | 233.1M | 209.8M | 199.3M |
Pair Trading with Axos Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axos Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axos Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Axos Stock
0.84 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Axos Stock
0.58 | TECTP | Tectonic Financial | PairCorr |
0.52 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.49 | KB | KB Financial Group Earnings Call This Week | PairCorr |
0.47 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
0.45 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Axos Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axos Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axos Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axos Financial to buy it.
The correlation of Axos Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axos Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axos Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axos Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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Is Axos Financial's industry 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 Axos Financial. If investors know Axos 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 Axos Financial 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 0.941 | Earnings Share 6.74 | Revenue Per Share 15.998 | Quarterly Revenue Growth 0.096 | Return On Assets 0.0199 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial'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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial'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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial'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.