Equifax Depreciation And Amortization vs Non Operating Income Net Other Analysis

EFX Stock

USD 236.74 5.40 2.33%

Equifax financial indicator trend analysis is much more than just examining Equifax latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equifax is a good investment. Please check the relationship between Equifax Depreciation And Amortization and its Non Operating Income Net Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equifax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy Equifax Stock please use our How to Invest in Equifax guide.

Depreciation And Amortization vs Non Operating Income Net Other

Depreciation And Amortization vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equifax Depreciation And Amortization account and Non Operating Income Net Other. At this time, the significance of the direction appears to have strong relationship.

The correlation between Equifax's Depreciation And Amortization and Non Operating Income Net Other is 0.65. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Equifax, assuming nothing else is changed. The correlation between historical values of Equifax's Depreciation And Amortization and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Equifax are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Depreciation And Amortization i.e., Equifax's Depreciation And Amortization and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Non Operating Income Net Other

Most indicators from Equifax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equifax 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 Equifax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy Equifax Stock please use our How to Invest in Equifax guide.At this time, Equifax's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 34.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 731.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.9B	2.9B	2.3B	1.2B
Total Revenue	4.9B	5.1B	5.3B	5.5B

Gross Profit Total Revenue

Equifax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.99	0.79	0.92	0.96	0.96	0.97	0.9	0.3	0.99	-0.55	0.3	0.99	0.3	0.98	0.68	-0.34	0.99	0.78	0.78	0.92	0.93	0.91	0.7	0.7	0.91
Short Long Term Debt Total	0.99		0.78	0.93	0.92	0.97	0.98	0.83	0.3	0.98	-0.55	0.3	0.98	0.22	0.99	0.63	-0.23	1.0	0.77	0.79	0.9	0.94	0.94	0.65	0.65	0.9
Other Current Liab	0.79	0.78		0.85	0.66	0.73	0.7	0.64	0.57	0.75	-0.09	0.57	0.72	0.3	0.79	0.47	-0.37	0.83	0.83	0.52	0.6	0.78	0.61	0.35	0.35	0.73
Total Current Liabilities	0.92	0.93	0.85		0.84	0.86	0.85	0.77	0.54	0.89	-0.34	0.54	0.88	0.27	0.88	0.51	-0.3	0.94	0.88	0.89	0.8	0.85	0.79	0.52	0.52	0.88
Total Stockholder Equity	0.96	0.92	0.66	0.84		0.9	0.91	0.97	0.21	0.97	-0.61	0.21	0.95	0.39	0.92	0.73	-0.45	0.92	0.7	0.75	0.93	0.85	0.86	0.78	0.78	0.88
Property Plant And Equipment Net	0.96	0.97	0.73	0.86	0.9		0.96	0.8	0.25	0.96	-0.68	0.25	0.99	0.11	0.97	0.72	-0.12	0.96	0.73	0.71	0.83	0.92	0.98	0.72	0.72	0.88
Net Debt	0.97	0.98	0.7	0.85	0.91	0.96		0.83	0.11	0.98	-0.62	0.11	0.98	0.18	0.98	0.67	-0.2	0.97	0.63	0.73	0.93	0.92	0.96	0.68	0.68	0.88
Retained Earnings	0.9	0.83	0.64	0.77	0.97	0.8	0.83		0.18	0.91	-0.47	0.18	0.87	0.54	0.85	0.7	-0.65	0.85	0.64	0.64	0.91	0.79	0.74	0.73	0.73	0.82
Cash	0.3	0.3	0.57	0.54	0.21	0.25	0.11	0.18		0.2	0.22	1.0	0.23	0.23	0.25	-0.03	-0.19	0.34	0.83	0.44	0.03	0.28	0.08	0.0	0.0	0.29
Non Current Assets Total	0.99	0.98	0.75	0.89	0.97	0.96	0.98	0.91	0.2		-0.58	0.2	0.99	0.29	0.98	0.7	-0.33	0.98	0.71	0.75	0.94	0.92	0.93	0.72	0.72	0.91
Non Currrent Assets Other	-0.55	-0.55	-0.09	-0.34	-0.61	-0.68	-0.62	-0.47	0.22	-0.58		0.22	-0.65	0.22	-0.55	-0.75	-0.23	-0.5	-0.21	-0.43	-0.53	-0.41	-0.74	-0.83	-0.83	-0.51
Cash And Short Term Investments	0.3	0.3	0.57	0.54	0.21	0.25	0.11	0.18	1.0	0.2	0.22		0.23	0.23	0.25	-0.03	-0.19	0.34	0.83	0.44	0.03	0.28	0.08	0.0	0.0	0.29
Net Receivables	0.99	0.98	0.72	0.88	0.95	0.99	0.98	0.87	0.23	0.99	-0.65	0.23		0.21	0.98	0.71	-0.24	0.98	0.73	0.76	0.9	0.91	0.96	0.74	0.74	0.89
Common Stock Shares Outstanding	0.3	0.22	0.3	0.27	0.39	0.11	0.18	0.54	0.23	0.29	0.22	0.23	0.21		0.25	0.05	-0.88	0.26	0.29	0.17	0.41	0.18	0.03	0.3	0.3	0.14
Non Current Liabilities Total	0.98	0.99	0.79	0.88	0.92	0.97	0.98	0.85	0.25	0.98	-0.55	0.25	0.98	0.25		0.67	-0.27	0.99	0.74	0.7	0.89	0.95	0.94	0.67	0.67	0.88
Other Current Assets	0.68	0.63	0.47	0.51	0.73	0.72	0.67	0.7	-0.03	0.7	-0.75	-0.03	0.71	0.05	0.67		-0.17	0.64	0.43	0.37	0.61	0.57	0.67	0.79	0.79	0.61
Other Stockholder Equity	-0.34	-0.23	-0.37	-0.3	-0.45	-0.12	-0.2	-0.65	-0.19	-0.33	-0.23	-0.19	-0.24	-0.88	-0.27	-0.17		-0.28	-0.3	-0.15	-0.44	-0.23	-0.01	-0.23	-0.23	-0.29
Total Liab	0.99	1.0	0.83	0.94	0.92	0.96	0.97	0.85	0.34	0.98	-0.5	0.34	0.98	0.26	0.99	0.64	-0.28		0.8	0.77	0.89	0.94	0.91	0.64	0.64	0.9
Total Current Assets	0.78	0.77	0.83	0.88	0.7	0.73	0.63	0.64	0.83	0.71	-0.21	0.83	0.73	0.29	0.74	0.43	-0.3	0.8		0.72	0.54	0.73	0.6	0.42	0.42	0.72
Short Term Debt	0.78	0.79	0.52	0.89	0.75	0.71	0.73	0.64	0.44	0.75	-0.43	0.44	0.76	0.17	0.7	0.37	-0.15	0.77	0.72		0.72	0.64	0.7	0.5	0.5	0.75
Intangible Assets	0.92	0.9	0.6	0.8	0.93	0.83	0.93	0.91	0.03	0.94	-0.53	0.03	0.9	0.41	0.89	0.61	-0.44	0.89	0.54	0.72		0.79	0.84	0.7	0.7	0.8
Accounts Payable	0.93	0.94	0.78	0.85	0.85	0.92	0.92	0.79	0.28	0.92	-0.41	0.28	0.91	0.18	0.95	0.57	-0.23	0.94	0.73	0.64	0.79		0.87	0.49	0.49	0.9
Property Plant And Equipment Gross	0.91	0.94	0.61	0.79	0.86	0.98	0.96	0.74	0.08	0.93	-0.74	0.08	0.96	0.03	0.94	0.67	-0.01	0.91	0.6	0.7	0.84	0.87		0.71	0.71	0.82
Common Stock Total Equity	0.7	0.65	0.35	0.52	0.78	0.72	0.68	0.73	0.0	0.72	-0.83	0.0	0.74	0.3	0.67	0.79	-0.23	0.64	0.42	0.5	0.7	0.49	0.71		1.0	0.6
Common Stock	0.7	0.65	0.35	0.52	0.78	0.72	0.68	0.73	0.0	0.72	-0.83	0.0	0.74	0.3	0.67	0.79	-0.23	0.64	0.42	0.5	0.7	0.49	0.71	1.0		0.6
Other Liab	0.91	0.9	0.73	0.88	0.88	0.88	0.88	0.82	0.29	0.91	-0.51	0.29	0.89	0.14	0.88	0.61	-0.29	0.9	0.72	0.75	0.8	0.9	0.82	0.6	0.6

Click cells to compare fundamentals

Equifax Account Relationship Matchups

Equifax fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.9B	9.6B	11.0B	11.5B	12.3B	12.9B
Short Long Term Debt Total	3.4B	4.4B	5.3B	5.8B	5.7B	6.0B
Other Current Liab	1.1B	1.1B	1.1B	664.3M	748.5M	785.9M
Total Current Liabilities	1.4B	2.5B	2.3B	2.0B	2.0B	2.1B
Total Stockholder Equity	2.6B	3.2B	3.6B	4.0B	4.5B	4.8B
Property Plant And Equipment Net	947.6M	1.1B	1.3B	1.6B	1.8B	1.9B
Net Debt	3.0B	2.7B	5.1B	5.5B	5.5B	5.8B
Retained Earnings	4.1B	4.2B	4.8B	5.3B	5.6B	5.9B
Cash	401.3M	1.7B	224.7M	285.2M	216.8M	162.5M
Non Current Assets Total	6.7B	7.1B	9.9B	10.2B	10.9B	11.5B
Non Currrent Assets Other	304.2M	405.6M	353.1M	(241.6M)	(1.6B)	(1.5B)
Cash And Short Term Investments	401.3M	1.7B	224.7M	285.2M	216.8M	162.5M
Net Receivables	532.1M	630.6M	727.6M	857.7M	917.2M	963.1M
Liabilities And Stockholders Equity	7.9B	9.6B	11.0B	11.5B	12.3B	12.9B
Non Current Liabilities Total	3.9B	3.9B	5.1B	5.6B	5.6B	5.9B
Other Current Assets	187.9M	59M	60.2M	93.3M	231.3M	242.9M
Other Stockholder Equity	(1.2B)	(1.1B)	(1.1B)	(1.1B)	(879.9M)	(835.9M)
Total Liab	5.3B	6.4B	7.4B	7.6B	7.6B	8.0B
Total Current Assets	1.2B	2.5B	1.1B	1.4B	1.4B	1.4B
Short Term Debt	3.1M	1.1B	824.8M	967.2M	963.4M	1.0B
Intangible Assets	1.1B	1.1B	2.0B	1.9B	2.0B	2.1B
Accounts Payable	148.3M	159.1M	211.6M	250.8M	197.6M	207.5M
Property Plant And Equipment Gross	947.6M	1.1B	2.3B	2.7B	3.1B	3.2B
Accumulated Other Comprehensive Income	(631.6M)	(171.4M)	(295.4M)	(473.7M)	(431.2M)	(452.8M)
Other Liab	467.3M	641.1M	678.3M	663.9M	763.5M	801.7M
Other Assets	304.2M	153M	5.9B	293.2M	337.2M	467.4M
Long Term Debt	3.4B	3.3B	4.5B	4.8B	4.7B	5.0B
Good Will	4.3B	4.5B	6.3B	6.4B	6.8B	7.2B
Treasury Stock	(2.6B)	(2.5B)	(2.6B)	(2.7B)	(2.4B)	(2.5B)
Property Plant Equipment	947.6M	1.1B	1.3B	1.6B	1.8B	1.9B
Inventory	88.1M	104.1M	108.4M	134.3M	1.0	0.95
Current Deferred Revenue	104M	108.3M	121.3M	132.9M	118.5M	82.9M
Net Tangible Assets	(2.9B)	(2.4B)	(4.7B)	(4.3B)	(3.9B)	(3.7B)
Noncontrolling Interest In Consolidated Entity	47.9M	44.3M	41.9M	16.8M	19.3M	18.4M
Retained Earnings Total Equity	4.1B	4.2B	4.8B	5.3B	6.0B	4.3B

Pair Trading with Equifax

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 Equifax 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 Equifax will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equifax Stock

0.69

Broadridge Financial Fiscal Year End 13th of August 2024

Pair Corr

Moving against Equifax Stock

0.49	NL	NL Industries	Pair Corr
0.45	EXPO	Exponent	Pair Corr
0.44	VLTO	Veralto	Pair Corr
0.42	WHLM	Wilhelmina	Pair Corr

The ability to find closely correlated positions to Equifax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equifax 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 Equifax - 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 Equifax to buy it.

The correlation of Equifax 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 Equifax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equifax 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 Equifax 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.

Pair Correlation Correlation Matching

When determining whether Equifax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equifax'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 Equifax Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equifax Stock:

How To Invest In Equifax

Details

Is Equifax Stock a good investment?

Details

What is Equifax's Net Worth?

Details

Largest Commercial & Professional Services Companies

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Largest Industrials Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equifax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

For more information on how to buy Equifax Stock please use our How to Invest in Equifax guide.

Note that the Equifax information on this page should be used as a complementary analysis to other Equifax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Equifax Stock analysis

When running Equifax's price analysis, check to measure Equifax'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 Equifax is operating at the current time. Most of Equifax's value examination focuses on studying past and present price action to predict the probability of Equifax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equifax's price. Additionally, you may evaluate how the addition of Equifax to your portfolios can decrease your overall portfolio volatility.

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Is Equifax'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 Equifax. If investors know Equifax 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 Equifax 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

0.099

Dividend Share

1.56

Earnings Share

4.49

Revenue Per Share

43.473

Quarterly Revenue Growth

0.067

The market value of Equifax is measured differently than its book value, which is the value of Equifax that is recorded on the company's balance sheet. Investors also form their own opinion of Equifax's value that differs from its market value or its book value, called intrinsic value, which is Equifax'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 Equifax's market value can be influenced by many factors that don't directly affect Equifax'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 Equifax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equifax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equifax'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.

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Equifax Depreciation And Amortization vs Non Operating Income Net Other Analysis

Depreciation And Amortization vs Non Operating Income Net Other

Depreciation And Amortization vs Non Operating Income Net Other Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Non Operating Income Net Other

Equifax fundamental ratios Correlations

Equifax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equifax fundamental ratios Accounts

Pair Trading with Equifax

Moving together with Equifax Stock

Moving against Equifax Stock

Complementary Tools for Equifax Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Short Long Term Debt Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Other Stockholder Equity	- 0.88	Common Stock Shares Outstanding
Common Stock	- 0.83	Non Currrent Assets Other
Common Stock Total Equity	- 0.83	Non Currrent Assets Other
Other Current Assets	- 0.75	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.74	Non Currrent Assets Other
Non Currrent Assets Other	- 0.68	Property Plant And Equipment Net