XREG Current Ratio from 2010 to 2026
XR Energy's Current Ratio is decreasing over the last several years with slightly volatile swings. Current Ratio is predicted to flatten to 0. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
Check out the analysis of XR Energy Correlation against competitors. For more detail on how to invest in XREG Stock please use our How to Invest in XR Energy guide.
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.00243 | Current Value 0.002309 | Quarterly Volatility 1.32504021 |
Check XR Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XR Energy's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 30.8 K or Total Revenue of 4.5 K, as well as many indicators such as Price To Sales Ratio of 2.85, Dividend Yield of 0.0 or Days Sales Outstanding of 4.6. XREG financial statements analysis is a perfect complement when working with XR Energy Valuation or Volatility modules.
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Latest XR Energy's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of XR Energy over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. XR Energy's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XR Energy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.00 X | 10 Years Trend |
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Current Ratio |
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XREG Current Ratio Regression Statistics
| Arithmetic Mean | 0.51 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 257.92 | |
| Mean Deviation | 0.83 | |
| Median | 0 | |
| Standard Deviation | 1.33 | |
| Sample Variance | 1.76 | |
| Range | 4.0269 | |
| R-Value | (0.59) | |
| Mean Square Error | 1.22 | |
| R-Squared | 0.35 | |
| Significance | 0.01 | |
| Slope | (0.15) | |
| Total Sum of Squares | 28.09 |
XREG Current Ratio History
About XR Energy Financial Statements
XR Energy stakeholders use historical fundamental indicators, such as XR Energy's Current Ratio, to determine how well the company is positioned to perform in the future. Although XR Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in XR Energy's assets and liabilities are reflected in the revenues and expenses on XR Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in XR Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year |
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When determining whether XR Energy is a strong investment it is important to analyze XR Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact XR Energy's future performance. For an informed investment choice regarding XREG Stock, refer to the following important reports:Check out the analysis of XR Energy Correlation against competitors. For more detail on how to invest in XREG Stock please use our How to Invest in XR Energy guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Oil & Gas Equipment & Services 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 XR Energy. If investors know XREG 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 XR Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of XR Energy is measured differently than its book value, which is the value of XREG that is recorded on the company's balance sheet. Investors also form their own opinion of XR Energy's value that differs from its market value or its book value, called intrinsic value, which is XR Energy'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 XR Energy's market value can be influenced by many factors that don't directly affect XR Energy'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 XR Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if XR Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XR Energy'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.