Expro Capex To Revenue vs Days Sales Outstanding Analysis
XPRO Stock | USD 13.46 0.21 1.58% |
Expro Group financial indicator trend analysis is much more than just examining Expro Group Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expro Group Holdings is a good investment. Please check the relationship between Expro Group Capex To Revenue and its Days Sales Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expro Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Capex To Revenue vs Days Sales Outstanding
Capex To Revenue vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expro Group Holdings Capex To Revenue account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Expro Group's Capex To Revenue and Days Sales Outstanding is -0.46. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Expro Group Holdings, assuming nothing else is changed. The correlation between historical values of Expro Group's Capex To Revenue and Days Sales Outstanding 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 Revenue of Expro Group Holdings are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Capex To Revenue i.e., Expro Group's Capex To Revenue and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Days Sales Outstanding
Most indicators from Expro Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expro Group Holdings 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expro Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of the 30th of October 2024, Selling General Administrative is likely to grow to about 113.5 M. Also, Tax Provision is likely to grow to about 46.5 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 73.9M | 58.4M | 64.3M | 113.5M | Cost Of Revenue | 825.0M | 1.2B | 1.4B | 1.5B |
Expro Group fundamental ratios Correlations
Click cells to compare fundamentals
Expro Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Expro Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 994.2M | 1.0B | 1.9B | 1.9B | 2.0B | 1.7B | |
Short Long Term Debt Total | 32.9M | 90.8M | 110.3M | 94.7M | 90.9M | 95.4M | |
Other Current Liab | 103.5M | 59.0M | 74.2M | 94.0M | 98.1M | 73.4M | |
Total Current Liabilities | 128.9M | 224.2M | 331.2M | 437.7M | 488.9M | 253.1M | |
Total Stockholder Equity | 810.3M | 612.0M | 1.3B | 1.3B | 1.3B | 893.4M | |
Property Plant And Equipment Net | 361.0M | 352.0M | 562.0M | 537.2M | 585.5M | 404.9M | |
Current Deferred Revenue | 657K | 86.0M | 23.0M | 50.9M | 45.1M | 30.9M | |
Net Debt | (163.8M) | (26.1M) | (125.1M) | (120.1M) | (62.3M) | (65.4M) | |
Retained Earnings | (220.8M) | (403.7M) | (535.6M) | (555.8M) | (579.1M) | (550.2M) | |
Cash | 196.7M | 116.9M | 235.4M | 214.8M | 153.2M | 227.8M | |
Non Current Assets Total | 527.7M | 611.8M | 1.1B | 1.1B | 1.2B | 880.7M | |
Non Currrent Assets Other | (355.1M) | 4.7M | 26.5M | (9.3M) | (40.3M) | (38.3M) | |
Cash And Short Term Investments | 196.7M | 116.9M | 235.4M | 214.8M | 153.2M | 235.6M | |
Net Receivables | 166.7M | 213.9M | 339.8M | 446.2M | 496.7M | 314.9M | |
Common Stock Shares Outstanding | 37.5M | 70.9M | 80.5M | 109.1M | 109.2M | 61.2M | |
Liabilities And Stockholders Equity | 994.2M | 1.0B | 1.9B | 1.9B | 2.0B | 1.6B | |
Non Current Liabilities Total | 55.0M | 203.5M | 225.9M | 213.5M | 148.7M | 129.6M | |
Inventory | 78.8M | 53.4M | 125.1M | 153.7M | 143.3M | 101.1M | |
Other Current Assets | 24.2M | 40.0M | 52.9M | 45.0M | 58.4M | 32.2M | |
Other Stockholder Equity | 1.1B | 1.0B | 1.8B | 1.8B | 1.8B | 1.3B | |
Total Liab | 183.9M | 427.8M | 557.1M | 651.3M | 637.6M | 382.7M | |
Total Current Assets | 466.4M | 428.0M | 764.1M | 865.5M | 851.6M | 590.7M | |
Accumulated Other Comprehensive Income | (30.3M) | (1.5M) | 20.4M | 27.5M | 22.3M | 23.4M | |
Short Term Debt | 7.9M | 15.3M | 20.8M | 20.1M | 19.5M | 10.2M | |
Common Stock | 2.8M | 585K | 7.8M | 7.9M | 8.1M | 5.4M | |
Good Will | 99.9M | 25.5M | 179.9M | 221.0M | 247.7M | 188.0M | |
Intangible Assets | 260.5M | 173.2M | 253.1M | 229.5M | 239.7M | 191.9M |
Pair Trading with Expro Group
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 Expro Group 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 Expro Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Expro Stock
Moving against Expro Stock
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The ability to find closely correlated positions to Expro Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expro Group 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 Expro Group - 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 Expro Group Holdings to buy it.
The correlation of Expro Group 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 Expro Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expro Group Holdings 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 Expro Group 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expro Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Oil & Gas Exploration & Production space 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 Expro Group. If investors know Expro 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 Expro Group 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 0.625 | Earnings Share 0.14 | Revenue Per Share 14.891 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0273 |
The market value of Expro Group Holdings is measured differently than its book value, which is the value of Expro that is recorded on the company's balance sheet. Investors also form their own opinion of Expro Group's value that differs from its market value or its book value, called intrinsic value, which is Expro Group'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 Expro Group's market value can be influenced by many factors that don't directly affect Expro Group'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 Expro Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expro Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expro Group'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.