Esquire Asset Turnover vs Gross Profit Margin Analysis

ESQ Stock

USD 47.04 2.08 4.23%

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

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Esquire Financial Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have very week relationship.

The correlation between Esquire Financial's Asset Turnover and Gross Profit Margin is 0.2. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Esquire Financial Holdings, assuming nothing else is changed. The correlation between historical values of Esquire Financial's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Esquire Financial Holdings are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., Esquire Financial's Asset Turnover and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Gross Profit Margin

Most indicators from Esquire Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Esquire 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Esquire Financial Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At this time, Esquire Financial's Tax Provision is relatively stable compared to the past year. As of 04/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.37, though Enterprise Value Multiple is likely to grow to (3.78).

	2021	2022	2023	2024 (projected)
Gross Profit	62.8M	81.5M	29.8M	41.1M
Total Revenue	64.7M	84.3M	109.0M	114.4M

Gross Profit Total Revenue

Esquire Financial fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.43	0.99	0.98	0.84	-0.79	0.88	-0.03	0.81	0.57	-0.28	0.87	-0.88	0.79	0.23	0.88	0.83	0.47	0.86	0.73	0.93	-0.84	0.8	0.93	0.87	0.59
Total Current Liabilities	0.43		0.53	0.52	0.72	0.0	0.37	0.32	-0.05	0.43	-0.35	0.3	-0.57	0.4	-0.45	0.67	0.17	0.15	0.69	0.33	0.57	-0.7	0.53	0.35	0.68	0.52
Total Stockholder Equity	0.99	0.53		1.0	0.88	-0.71	0.86	0.04	0.73	0.58	-0.32	0.85	-0.91	0.79	0.15	0.92	0.77	0.46	0.91	0.68	0.95	-0.9	0.82	0.91	0.92	0.67
Net Tangible Assets	0.98	0.52	1.0		0.88	-0.69	0.83	0.09	0.72	0.51	-0.39	0.82	-0.92	0.82	0.12	0.94	0.75	0.43	0.92	0.64	0.95	-0.91	0.85	0.91	0.93	0.69
Property Plant And Equipment Net	0.84	0.72	0.88	0.88		-0.5	0.72	0.19	0.49	0.54	-0.36	0.69	-0.85	0.7	-0.05	0.9	0.56	0.4	0.89	0.55	0.87	-0.9	0.78	0.75	0.89	0.79
Net Debt	-0.79	0.0	-0.71	-0.69	-0.5		-0.87	0.32	-0.94	-0.63	-0.15	-0.89	0.59	-0.58	-0.51	-0.5	-0.94	-0.6	-0.48	-0.86	-0.63	0.46	-0.54	-0.71	-0.5	-0.19
Retained Earnings	0.88	0.37	0.86	0.83	0.72	-0.87		-0.29	0.73	0.84	0.05	0.99	-0.81	0.64	0.27	0.75	0.91	0.6	0.74	0.87	0.82	-0.72	0.65	0.82	0.75	0.48
Accounts Payable	-0.03	0.32	0.04	0.09	0.19	0.32	-0.29		-0.21	-0.43	-0.56	-0.33	-0.21	0.2	-0.42	0.22	-0.41	0.14	0.22	-0.44	-0.04	-0.21	0.32	0.04	0.22	0.47
Cash	0.81	-0.05	0.73	0.72	0.49	-0.94	0.73	-0.21		0.42	0.02	0.77	-0.53	0.58	0.56	0.47	0.85	0.5	0.45	0.74	0.63	-0.43	0.53	0.72	0.47	0.16
Non Current Assets Total	0.57	0.43	0.58	0.51	0.54	-0.63	0.84	-0.43	0.42		0.45	0.79	-0.52	0.19	0.28	0.46	0.65	0.62	0.46	0.74	0.55	-0.48	0.25	0.54	0.46	0.26
Non Currrent Assets Other	-0.28	-0.35	-0.32	-0.39	-0.36	-0.15	0.05	-0.56	0.02	0.45		0.05	0.42	-0.69	0.62	-0.54	-0.01	0.32	-0.53	0.11	-0.41	0.48	-0.68	-0.23	-0.53	-0.5
Other Assets	0.87	0.3	0.85	0.82	0.69	-0.89	0.99	-0.33	0.77	0.79	0.05		-0.79	0.65	0.33	0.73	0.93	0.55	0.72	0.87	0.81	-0.71	0.64	0.81	0.73	0.45
Long Term Debt	-0.88	-0.57	-0.91	-0.92	-0.85	0.59	-0.81	-0.21	-0.53	-0.52	0.42	-0.79		-0.82	0.01	-0.97	-0.66	-0.42	-0.95	-0.57	-0.9	0.94	-0.87	-0.9	-0.96	-0.8
Cash And Short Term Investments	0.79	0.4	0.79	0.82	0.7	-0.58	0.64	0.2	0.58	0.19	-0.69	0.65	-0.82		-0.23	0.86	0.7	0.19	0.85	0.57	0.83	-0.79	0.98	0.7	0.85	0.61
Net Receivables	0.23	-0.45	0.15	0.12	-0.05	-0.51	0.27	-0.42	0.56	0.28	0.62	0.33	0.01	-0.23		-0.14	0.3	0.23	-0.15	0.28	0.04	0.09	-0.28	0.28	-0.14	-0.26
Common Stock Shares Outstanding	0.88	0.67	0.92	0.94	0.9	-0.5	0.75	0.22	0.47	0.46	-0.54	0.73	-0.97	0.86	-0.14		0.62	0.31	0.99	0.55	0.94	-0.97	0.91	0.84	0.99	0.8
Non Current Liabilities Total	0.83	0.17	0.77	0.75	0.56	-0.94	0.91	-0.41	0.85	0.65	-0.01	0.93	-0.66	0.7	0.3	0.62		0.42	0.61	0.93	0.76	-0.57	0.65	0.73	0.62	0.22
Other Current Assets	0.47	0.15	0.46	0.43	0.4	-0.6	0.6	0.14	0.5	0.62	0.32	0.55	-0.42	0.19	0.23	0.31	0.42		0.27	0.37	0.25	-0.26	0.29	0.51	0.29	0.39
Other Stockholder Equity	0.86	0.69	0.91	0.92	0.89	-0.48	0.74	0.22	0.45	0.46	-0.53	0.72	-0.95	0.85	-0.15	0.99	0.61	0.27		0.54	0.94	-0.99	0.9	0.78	1.0	0.79
Total Liab	0.73	0.33	0.68	0.64	0.55	-0.86	0.87	-0.44	0.74	0.74	0.11	0.87	-0.57	0.57	0.28	0.55	0.93	0.37	0.54		0.71	-0.53	0.55	0.6	0.55	0.08
Long Term Investments	0.93	0.57	0.95	0.95	0.87	-0.63	0.82	-0.04	0.63	0.55	-0.41	0.81	-0.9	0.83	0.04	0.94	0.76	0.25	0.94	0.71		-0.93	0.84	0.84	0.94	0.62
Short Long Term Debt	-0.84	-0.7	-0.9	-0.91	-0.9	0.46	-0.72	-0.21	-0.43	-0.48	0.48	-0.71	0.94	-0.79	0.09	-0.97	-0.57	-0.26	-0.99	-0.53	-0.93		-0.85	-0.76	-0.99	-0.79
Total Current Assets	0.8	0.53	0.82	0.85	0.78	-0.54	0.65	0.32	0.53	0.25	-0.68	0.64	-0.87	0.98	-0.28	0.91	0.65	0.29	0.9	0.55	0.84	-0.85		0.71	0.91	0.69
Short Term Debt	0.93	0.35	0.91	0.91	0.75	-0.71	0.82	0.04	0.72	0.54	-0.23	0.81	-0.9	0.7	0.28	0.84	0.73	0.51	0.78	0.6	0.84	-0.76	0.71		0.79	0.62
Common Stock	0.87	0.68	0.92	0.93	0.89	-0.5	0.75	0.22	0.47	0.46	-0.53	0.73	-0.96	0.85	-0.14	0.99	0.62	0.29	1.0	0.55	0.94	-0.99	0.91	0.79		0.79
Property Plant Equipment	0.59	0.52	0.67	0.69	0.79	-0.19	0.48	0.47	0.16	0.26	-0.5	0.45	-0.8	0.61	-0.26	0.8	0.22	0.39	0.79	0.08	0.62	-0.79	0.69	0.62	0.79

Click cells to compare fundamentals

Esquire Financial Account Relationship Matchups

Esquire Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	798.0M	936.7M	1.2B	1.4B	1.6B	905.6M
Total Current Liabilities	202.4M	352.3M	410.0M	38.8M	479.7M	349.8M
Total Stockholder Equity	111.1M	126.1M	143.7M	158.2M	198.6M	115.9M
Net Tangible Assets	111.1M	126.1M	143.7M	158.2M	181.9M	104.5M
Property Plant And Equipment Net	2.8M	3.0M	3.3M	2.7M	4.3M	2.8M
Net Debt	(61.7M)	(65.1M)	(146.2M)	(161.3M)	(163.0M)	(154.9M)
Retained Earnings	20.9M	33.5M	51.5M	77.7M	114.3M	120.0M
Accounts Payable	680.6M	804.1M	1.0B	9.2M	10.6M	10.1M
Cash	61.8M	65.2M	149.2M	164.1M	165.2M	91.0M
Non Current Assets Total	149.3M	120.7M	151.7M	12.3M	1.4B	1.5B
Non Currrent Assets Other	(149.3M)	(120.7M)	(151.7M)	(191.0M)	33.0M	34.6M
Other Assets	437.3M	628.7M	725.3M	1.1B	1.3B	1.3B
Long Term Debt	278K	89K	86K	49K	44.1K	41.9K
Cash And Short Term Investments	208.2M	182.8M	297.5M	351.8M	165.2M	206.6M
Net Receivables	3.2M	4.5M	4.2M	5.8M	9.1M	4.8M
Common Stock Shares Outstanding	7.8M	7.6M	7.9M	8.2M	8.3M	7.4M
Non Current Liabilities Total	86K	49K	626.9M	1.2B	940.0M	987.0M
Other Current Assets	65.0M	121.4M	203.6M	(78.4M)	176.1M	184.9M
Other Stockholder Equity	89.7M	91.1M	93.0M	95.5M	97.4M	88.8M
Total Liab	86K	49K	1.0B	1.2B	1.4B	1.5B
Long Term Investments	146.4M	117.7M	148.4M	187.6M	199.1M	145.4M
Total Current Assets	211.5M	187.4M	301.7M	279.2M	176.1M	202.2M
Common Stock	77K	78K	81K	82K	84K	75.9K
Property Plant Equipment	5.5M	5.9M	3.3M	2.7M	3.1M	3.3M
Short Long Term Debt Total	86K	49K	3.0M	2.8M	2.2M	1.1M
Other Current Liab	201.8M	351.7M	409.4M	38.1M	479.0M	282.1M
Other Liab	2.7M	6.3M	6.6M	6.6M	7.6M	4.1M
Common Stock Total Equity	77K	78K	81K	82K	94.3K	77.7K
Short Term Investments	146.4M	117.7M	148.4M	187.6M	122.1M	143.4M
Liabilities And Stockholders Equity	798.0M	936.7M	1.2B	1.4B	1.6B	965.9M
Capital Surpluse	89.7M	91.6M	93.6M	96.4M	110.8M	91.3M
Property Plant And Equipment Gross	2.8M	3.0M	7.4M	7.4M	8.0M	4.5M
Accumulated Other Comprehensive Income	386K	1.4M	(850K)	(15.1M)	(13.2M)	(12.6M)
Long Term Debt Total	278K	89K	86K	49K	44.1K	41.9K

Pair Trading with Esquire 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 Esquire 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 Esquire Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Esquire Stock

0.69	AX	Axos Financial Earnings Call Today	Pair Corr
0.65	BY	Byline Bancorp Normal Trading	Pair Corr

Moving against Esquire Stock

0.69	TECTP	Tectonic Financial	Pair Corr
0.64	DB	Deutsche Bank AG	Pair Corr
0.57	CFG-PD	Citizens Financial	Pair Corr
0.49	NU	Nu Holdings Aggressive Push	Pair Corr

The ability to find closely correlated positions to Esquire 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 Esquire 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 Esquire 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 Esquire Financial Holdings to buy it.

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

Pair Correlation Correlation Matching

When determining whether Esquire Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Esquire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Esquire Financial Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Esquire Financial Holdings Stock:

How To Invest In Esquire

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Is Esquire Stock a good investment?

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What is Esquire Financial's Net Worth?

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

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Esquire Stock analysis

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

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Is Esquire 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 Esquire Financial. If investors know Esquire 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 Esquire 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

(0.18)

Dividend Share

0.525

Earnings Share

4.91

Revenue Per Share

13.987

Quarterly Revenue Growth

(0.03)

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

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Esquire Asset Turnover vs Gross Profit Margin Analysis

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Asset Turnover

Gross Profit Margin

Esquire Financial fundamental ratios Correlations

Esquire Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Esquire Financial fundamental ratios Accounts

Pair Trading with Esquire Financial

Moving together with Esquire Stock

Moving against Esquire Stock

Complementary Tools for Esquire Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Other Assets	+ 0.99	Retained Earnings
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding

Common Stock	- 0.99	Short Long Term Debt
Short Long Term Debt	- 0.99	Other Stockholder Equity
Short Long Term Debt	- 0.97	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.97	Long Term Debt
Common Stock	- 0.96	Long Term Debt
Other Stockholder Equity	- 0.95	Long Term Debt