EPlus Capex To Depreciation vs Average Payables Analysis

PLUS Stock

USD 69.62 2.65 3.67%

EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Capex To Depreciation and its Average Payables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus 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 unemployment.

Capex To Depreciation vs Average Payables

Capex To Depreciation vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Capex To Depreciation account and Average Payables. At this time, the significance of the direction appears to have very week relationship.

The correlation between EPlus' Capex To Depreciation and Average Payables is 0.25. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Average Payables in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Capex To Depreciation and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of ePlus inc are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Capex To Depreciation i.e., EPlus' Capex To Depreciation and Average Payables go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus 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 unemployment.

At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.8 B in 2025, whereas Tax Provision is likely to drop slightly above 38.1 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	517.5M	550.8M	569.1M	597.6M
Total Revenue	2.1B	2.2B	2.1B	2.2B

Gross Profit Total Revenue

EPlus 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Other Assets	Long Term Debt	Good Will
Total Assets		0.37	0.15	0.99	1.0	0.23	-0.74	0.99	0.95	0.91	0.96	0.24	0.91	0.98	-0.1	0.82	0.77	0.64	0.67	1.0	0.64	1.0	0.88	0.91	-0.56	0.96
Short Long Term Debt Total	0.37		0.06	0.4	0.37	0.19	0.26	0.35	0.16	0.18	0.23	-0.1	0.17	0.5	0.24	0.1	0.37	0.33	0.41	0.36	0.15	0.41	0.03	0.02	-0.61	0.35
Other Current Liab	0.15	0.06		0.14	0.15	0.31	-0.09	0.13	0.1	0.11	0.17	0.09	0.12	0.18	0.65	0.35	0.07	0.22	0.24	0.15	0.24	0.14	0.19	0.12	-0.38	0.06
Total Current Liabilities	0.99	0.4	0.14		0.98	0.19	-0.74	0.98	0.96	0.93	0.95	0.22	0.93	0.97	-0.09	0.78	0.75	0.65	0.66	1.0	0.58	0.99	0.84	0.88	-0.57	0.95
Total Stockholder Equity	1.0	0.37	0.15	0.98		0.25	-0.72	0.99	0.93	0.89	0.95	0.24	0.89	0.98	-0.1	0.83	0.8	0.63	0.69	0.99	0.66	0.99	0.89	0.92	-0.56	0.96
Property Plant And Equipment Net	0.23	0.19	0.31	0.19	0.25		-0.14	0.24	0.17	0.23	0.29	0.01	0.22	0.24	0.23	0.32	0.09	0.01	0.18	0.21	0.63	0.21	0.36	0.21	-0.29	0.24
Net Debt	-0.74	0.26	-0.09	-0.74	-0.72	-0.14		-0.74	-0.89	-0.9	-0.83	-0.46	-0.91	-0.61	0.24	-0.71	-0.35	-0.43	-0.27	-0.76	-0.5	-0.71	-0.75	-0.81	0.12	-0.7
Retained Earnings	0.99	0.35	0.13	0.98	0.99	0.24	-0.74		0.94	0.91	0.96	0.32	0.91	0.97	-0.08	0.84	0.74	0.62	0.59	0.98	0.66	0.98	0.87	0.91	-0.53	0.95
Accounts Payable	0.95	0.16	0.1	0.96	0.93	0.17	-0.89	0.94		0.97	0.95	0.33	0.97	0.88	-0.19	0.81	0.64	0.65	0.51	0.97	0.59	0.94	0.86	0.92	-0.38	0.9
Cash	0.91	0.18	0.11	0.93	0.89	0.23	-0.9	0.91	0.97		0.94	0.42	1.0	0.84	-0.14	0.74	0.52	0.59	0.44	0.94	0.56	0.9	0.78	0.83	-0.39	0.87
Non Current Assets Total	0.96	0.23	0.17	0.95	0.95	0.29	-0.83	0.96	0.95	0.94		0.24	0.94	0.91	-0.1	0.79	0.6	0.6	0.54	0.96	0.57	0.93	0.89	0.88	-0.52	0.96
Non Currrent Assets Other	0.24	-0.1	0.09	0.22	0.24	0.01	-0.46	0.32	0.33	0.42	0.24		0.42	0.21	0.09	0.33	0.0	0.08	-0.24	0.24	0.35	0.25	0.06	0.24	0.15	0.12
Cash And Short Term Investments	0.91	0.17	0.12	0.93	0.89	0.22	-0.91	0.91	0.97	1.0	0.94	0.42		0.84	-0.13	0.74	0.52	0.59	0.44	0.93	0.56	0.9	0.78	0.83	-0.39	0.87
Net Receivables	0.98	0.5	0.18	0.97	0.98	0.24	-0.61	0.97	0.88	0.84	0.91	0.21	0.84		-0.03	0.8	0.78	0.63	0.7	0.97	0.66	0.98	0.83	0.85	-0.62	0.94
Common Stock Shares Outstanding	-0.1	0.24	0.65	-0.09	-0.1	0.23	0.24	-0.08	-0.19	-0.14	-0.1	0.09	-0.13	-0.03		-0.02	-0.15	0.0	-0.1	-0.09	0.06	-0.1	-0.17	-0.26	-0.59	-0.24
Non Current Liabilities Total	0.82	0.1	0.35	0.78	0.83	0.32	-0.71	0.84	0.81	0.74	0.79	0.33	0.74	0.8	-0.02		0.62	0.55	0.57	0.8	0.75	0.81	0.83	0.86	-0.32	0.77
Inventory	0.77	0.37	0.07	0.75	0.8	0.09	-0.35	0.74	0.64	0.52	0.6	0.0	0.52	0.78	-0.15	0.62		0.46	0.83	0.74	0.53	0.8	0.72	0.77	-0.46	0.71
Other Current Assets	0.64	0.33	0.22	0.65	0.63	0.01	-0.43	0.62	0.65	0.59	0.6	0.08	0.59	0.63	0.0	0.55	0.46		0.4	0.66	0.28	0.64	0.48	0.54	-0.31	0.62
Other Stockholder Equity	0.67	0.41	0.24	0.66	0.69	0.18	-0.27	0.59	0.51	0.44	0.54	-0.24	0.44	0.7	-0.1	0.57	0.83	0.4		0.64	0.49	0.7	0.64	0.6	-0.54	0.66
Total Liab	1.0	0.36	0.15	1.0	0.99	0.21	-0.76	0.98	0.97	0.94	0.96	0.24	0.93	0.97	-0.09	0.8	0.74	0.66	0.64		0.6	0.99	0.86	0.9	-0.55	0.95
Property Plant And Equipment Gross	0.64	0.15	0.24	0.58	0.66	0.63	-0.5	0.66	0.59	0.56	0.57	0.35	0.56	0.66	0.06	0.75	0.53	0.28	0.49	0.6		0.65	0.67	0.67	-0.32	0.55
Total Current Assets	1.0	0.41	0.14	0.99	0.99	0.21	-0.71	0.98	0.94	0.9	0.93	0.25	0.9	0.98	-0.1	0.81	0.8	0.64	0.7	0.99	0.65		0.86	0.9	-0.56	0.95
Other Liab	0.88	0.03	0.19	0.84	0.89	0.36	-0.75	0.87	0.86	0.78	0.89	0.06	0.78	0.83	-0.17	0.83	0.72	0.48	0.64	0.86	0.67	0.86		0.96	-0.44	0.88
Other Assets	0.91	0.02	0.12	0.88	0.92	0.21	-0.81	0.91	0.92	0.83	0.88	0.24	0.83	0.85	-0.26	0.86	0.77	0.54	0.6	0.9	0.67	0.9	0.96		-0.3	0.88
Long Term Debt	-0.56	-0.61	-0.38	-0.57	-0.56	-0.29	0.12	-0.53	-0.38	-0.39	-0.52	0.15	-0.39	-0.62	-0.59	-0.32	-0.46	-0.31	-0.54	-0.55	-0.32	-0.56	-0.44	-0.3		-0.5
Good Will	0.96	0.35	0.06	0.95	0.96	0.24	-0.7	0.95	0.9	0.87	0.96	0.12	0.87	0.94	-0.24	0.77	0.71	0.62	0.66	0.95	0.55	0.95	0.88	0.88	-0.5

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EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.2B	1.4B	1.7B	1.9B	2.0B
Short Long Term Debt Total	181.8M	179.6M	175.0M	141.3M	128.3M	134.8M
Other Current Liab	58.5M	67.7M	59.0M	74.1M	76.4M	43.0M
Total Current Liabilities	459.4M	460.0M	561.3M	657.0M	797.9M	837.8M
Total Stockholder Equity	562.4M	660.7M	782.3M	901.8M	977.6M	1.0B
Property Plant And Equipment Net	42.3M	45.6M	16.6M	28.3M	35.0M	36.8M
Net Debt	43.3M	20.1M	71.9M	(111.7M)	(261.1M)	(248.0M)
Retained Earnings	484.6M	507.8M	627.2M	743.0M	851.0M	893.5M
Accounts Payable	165.2M	136.2M	220.2M	315.7M	451.7M	474.3M
Cash	129.6M	155.4M	103.1M	253.0M	389.4M	408.8M
Non Current Assets Total	299.2M	268.7M	261.2M	379.9M	521.0M	547.1M
Non Currrent Assets Other	7.1M	64.3M	(4.7M)	66.6M	69.9M	62.7M
Cash And Short Term Investments	129.6M	155.4M	103.1M	253.0M	389.4M	408.8M
Net Receivables	538.9M	540.5M	649.5M	794.1M	739.9M	776.9M
Common Stock Shares Outstanding	26.8M	26.9M	26.7M	26.7M	26.6M	24.8M
Liabilities And Stockholders Equity	1.1B	1.2B	1.4B	1.7B	1.9B	2.0B
Non Current Liabilities Total	55.0M	45.4M	71.2M	94.7M	109.3M	60.5M
Inventory	70.0M	155.1M	243.3M	139.7M	120.4M	126.5M
Other Current Assets	39.2M	13.9M	99.3M	86.7M	114.0M	119.7M
Other Stockholder Equity	77.0M	152.7M	153.2M	156.2M	123.0M	62.9M
Total Liab	514.4M	505.5M	632.6M	751.7M	907.2M	952.5M
Property Plant And Equipment Gross	27.0M	60.5M	59.2M	127.5M	65.6M	68.9M
Total Current Assets	777.6M	897.5M	1.1B	1.3B	1.4B	1.4B
Accumulated Other Comprehensive Income	655K	(124K)	1.6M	2.3M	3.4M	3.6M
Other Liab	22.1M	31.6M	32.2M	49.7M	57.2M	60.0M
Other Assets	12.4M	27.6M	30.8M	58.5M	67.3M	70.7M
Long Term Debt	18.3M	9.9M	9.5M	12.9M	11.3M	10.8M
Good Will	126.6M	126.5M	136.1M	161.5M	202.9M	213.0M
Common Stock Total Equity	144K	145K	270K	272K	312.8K	328.4K
Intangible Assets	38.6M	27.3M	25.0M	44.1M	82.0M	86.1M
Common Stock	145K	270K	272K	274K	276K	158.7K
Property Plant Equipment	20.2M	16.2M	14.8M	26.5M	23.9M	16.4M
Treasury Stock	(68.4M)	(75.4M)	(6.7M)	(14.1M)	(12.7M)	(13.3M)
Current Deferred Revenue	72.8M	86.5M	114.0M	134.6M	152.8M	160.4M
Short Term Debt	158.4M	169.7M	168.1M	132.6M	117.0M	111.1M
Net Tangible Assets	333.6M	397.2M	660.7M	782.3M	899.6M	944.6M
Capital Surpluse	145.2M	152.4M	159.5M	167.3M	192.4M	144.3M
Deferred Long Term Liab	8.9M	11.0M	19.1M	715K	822.3K	781.1K
Non Current Liabilities Other	5.3M	35.5M	61.0M	81.8M	96.5M	101.4M

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