XTKG Other Current Assets from 2010 to 2024

XTKG Stock   2.11  2.00  1,818%   
X3 Holdings' Other Current Assets are decreasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 1.5 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
2.4 M
Current Value
1.5 M
Quarterly Volatility
224.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check X3 Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among X3 Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Selling General Administrative of 14.1 M or Selling And Marketing Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 57.55, Dividend Yield of 0.0 or PTB Ratio of 6.6. XTKG financial statements analysis is a perfect complement when working with X3 Holdings Valuation or Volatility modules.
  
Check out the analysis of X3 Holdings Correlation against competitors.

Latest X3 Holdings' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of X3 Holdings Co over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. X3 Holdings' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in X3 Holdings' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

XTKG Other Current Assets Regression Statistics

Arithmetic Mean1,969,833
Geometric Mean1,956,870
Coefficient Of Variation11.41
Mean Deviation126,619
Median1,999,281
Standard Deviation224,706
Sample Variance50.5B
Range987K
R-Value(0.20)
Mean Square Error52.2B
R-Squared0.04
Significance0.47
Slope(10,066)
Total Sum of Squares706.9B

XTKG Other Current Assets History

20241.5 M
20232.4 M
20221.4 M
20212.1 M

About X3 Holdings Financial Statements

X3 Holdings stakeholders use historical fundamental indicators, such as X3 Holdings' Other Current Assets, to determine how well the company is positioned to perform in the future. Although X3 Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in X3 Holdings' assets and liabilities are reflected in the revenues and expenses on X3 Holdings' 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 X3 Holdings Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.4 M1.5 M

Currently Active Assets on Macroaxis

When determining whether X3 Holdings is a strong investment it is important to analyze X3 Holdings' 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 X3 Holdings' future performance. For an informed investment choice regarding XTKG Stock, refer to the following important reports:
Check out the analysis of X3 Holdings Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Systems Software 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 X3 Holdings. If investors know XTKG 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 X3 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.36)
Revenue Per Share
0.547
Quarterly Revenue Growth
1.955
Return On Assets
(0.09)
Return On Equity
(0.99)
The market value of X3 Holdings is measured differently than its book value, which is the value of XTKG that is recorded on the company's balance sheet. Investors also form their own opinion of X3 Holdings' value that differs from its market value or its book value, called intrinsic value, which is X3 Holdings' 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 X3 Holdings' market value can be influenced by many factors that don't directly affect X3 Holdings' 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 X3 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if X3 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X3 Holdings' 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.