Crexendo Change To Netincome vs Change Receivables Analysis

CXDO Stock

USD 5.38 0.12 2.28%

Crexendo financial indicator trend analysis is way more than just evaluating Crexendo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crexendo is a good investment. Please check the relationship between Crexendo Change To Netincome and its Change Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. 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.

To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.

Change To Netincome vs Change Receivables

Change To Netincome vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crexendo Change To Netincome account and Change Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Crexendo's Change To Netincome and Change Receivables is -0.37. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change Receivables in the same time period over historical financial statements of Crexendo, assuming nothing else is changed. The correlation between historical values of Crexendo's Change To Netincome and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Crexendo are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Change To Netincome i.e., Crexendo's Change To Netincome and Change Receivables go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Netincome

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Most indicators from Crexendo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crexendo 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. 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.

To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.As of the 29th of November 2024, Selling General Administrative is likely to grow to about 15.2 M. Also, Tax Provision is likely to grow to about 102.9 K

	2021	2022	2023	2024 (projected)
Gross Profit	17.4M	23.9M	31.6M	25.3M
Total Revenue	28.1M	37.6M	53.2M	36.1M

Gross Profit Total Revenue

Crexendo 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Non Currrent Assets Other	Other Assets	Long Term Debt
Total Assets		0.77	0.83	0.82	0.95	0.74	-0.41	-0.44	0.64	0.59	0.94	0.59	0.55	0.7	0.39	0.68	0.85	0.73	0.81	0.68	0.37	0.83	0.07	0.41	0.4	0.54
Short Long Term Debt Total	0.77		0.79	0.55	0.71	0.67	-0.11	-0.33	0.56	0.37	0.73	0.38	0.29	0.51	0.35	0.52	0.68	0.5	0.62	0.42	0.27	0.73	-0.1	0.22	0.51	0.51
Other Current Liab	0.83	0.79		0.65	0.8	0.46	-0.06	-0.69	0.63	0.29	0.85	0.28	0.36	0.79	0.28	0.6	0.9	0.58	0.62	0.38	0.02	0.91	-0.16	0.39	0.26	0.49
Total Current Liabilities	0.82	0.55	0.65		0.75	0.76	-0.38	-0.36	0.92	0.47	0.76	0.44	0.91	0.41	0.64	0.89	0.58	0.97	0.89	0.75	0.47	0.71	0.47	0.77	0.07	0.24
Total Stockholder Equity	0.95	0.71	0.8	0.75		0.62	-0.43	-0.55	0.61	0.59	0.98	0.56	0.46	0.66	0.22	0.58	0.82	0.67	0.8	0.61	0.3	0.9	-0.11	0.3	0.44	0.48
Property Plant And Equipment Net	0.74	0.67	0.46	0.76	0.62		-0.49	-0.07	0.69	0.6	0.59	0.62	0.7	0.33	0.65	0.71	0.47	0.75	0.84	0.77	0.52	0.45	0.39	0.44	0.32	0.48
Net Debt	-0.41	-0.11	-0.06	-0.38	-0.43	-0.49		0.14	-0.25	-0.96	-0.25	-0.95	-0.46	-0.3	-0.38	-0.41	-0.25	-0.43	-0.61	-0.87	-0.13	-0.14	-0.23	-0.31	-0.6	-0.15
Retained Earnings	-0.44	-0.33	-0.69	-0.36	-0.55	-0.07	0.14		-0.44	-0.24	-0.55	-0.18	-0.21	-0.76	-0.07	-0.28	-0.75	-0.36	-0.43	-0.24	0.34	-0.73	0.4	-0.27	-0.04	-0.25
Accounts Payable	0.64	0.56	0.63	0.92	0.61	0.69	-0.25	-0.44		0.36	0.64	0.31	0.88	0.29	0.68	0.89	0.47	0.94	0.85	0.64	0.29	0.71	0.44	0.81	0.04	0.15
Cash	0.59	0.37	0.29	0.47	0.59	0.6	-0.96	-0.24	0.36		0.44	0.99	0.47	0.45	0.43	0.5	0.43	0.51	0.71	0.9	0.13	0.33	0.16	0.32	0.73	0.29
Non Current Assets Total	0.94	0.73	0.85	0.76	0.98	0.59	-0.25	-0.55	0.64	0.44		0.4	0.45	0.64	0.2	0.58	0.82	0.67	0.75	0.5	0.32	0.93	-0.1	0.3	0.32	0.49
Cash And Short Term Investments	0.59	0.38	0.28	0.44	0.56	0.62	-0.95	-0.18	0.31	0.99	0.4		0.44	0.46	0.44	0.48	0.43	0.47	0.67	0.9	0.14	0.28	0.18	0.3	0.74	0.32
Net Receivables	0.55	0.29	0.36	0.91	0.46	0.7	-0.46	-0.21	0.88	0.47	0.45	0.44		0.21	0.8	0.88	0.32	0.95	0.8	0.79	0.36	0.41	0.71	0.89	-0.03	0.05
Common Stock Shares Outstanding	0.7	0.51	0.79	0.41	0.66	0.33	-0.3	-0.76	0.29	0.45	0.64	0.46	0.21		0.19	0.35	0.95	0.34	0.46	0.43	-0.19	0.65	-0.29	0.21	0.25	0.56
Non Current Liabilities Total	0.39	0.35	0.28	0.64	0.22	0.65	-0.38	-0.07	0.68	0.43	0.2	0.44	0.8	0.19		0.78	0.23	0.77	0.53	0.7	0.01	0.15	0.78	0.77	0.18	0.24
Other Current Assets	0.68	0.52	0.6	0.89	0.58	0.71	-0.41	-0.28	0.89	0.5	0.58	0.48	0.88	0.35	0.78		0.48	0.91	0.81	0.76	0.26	0.57	0.61	0.9	0.18	0.21
Other Stockholder Equity	0.85	0.68	0.9	0.58	0.82	0.47	-0.25	-0.75	0.47	0.43	0.82	0.43	0.32	0.95	0.23	0.48		0.5	0.61	0.47	0.01	0.82	-0.25	0.29	0.25	0.56
Total Liab	0.73	0.5	0.58	0.97	0.67	0.75	-0.43	-0.36	0.94	0.51	0.67	0.47	0.95	0.34	0.77	0.91	0.5		0.87	0.79	0.34	0.64	0.56	0.83	0.12	0.22
Property Plant And Equipment Gross	0.81	0.62	0.62	0.89	0.8	0.84	-0.61	-0.43	0.85	0.71	0.75	0.67	0.8	0.46	0.53	0.81	0.61	0.87		0.85	0.43	0.73	0.25	0.62	0.32	0.25
Total Current Assets	0.68	0.42	0.38	0.75	0.61	0.77	-0.87	-0.24	0.64	0.9	0.5	0.9	0.79	0.43	0.7	0.76	0.47	0.79	0.85		0.27	0.4	0.46	0.64	0.49	0.25
Short Term Debt	0.37	0.27	0.02	0.47	0.3	0.52	-0.13	0.34	0.29	0.13	0.32	0.14	0.36	-0.19	0.01	0.26	0.01	0.34	0.43	0.27		0.18	0.21	0.13	-0.11	0.0
Intangible Assets	0.83	0.73	0.91	0.71	0.9	0.45	-0.14	-0.73	0.71	0.33	0.93	0.28	0.41	0.65	0.15	0.57	0.82	0.64	0.73	0.4	0.18		-0.22	0.37	0.23	0.35
Other Liab	0.07	-0.1	-0.16	0.47	-0.11	0.39	-0.23	0.4	0.44	0.16	-0.1	0.18	0.71	-0.29	0.78	0.61	-0.25	0.56	0.25	0.46	0.21	-0.22		0.7	-0.1	-0.14
Non Currrent Assets Other	0.41	0.22	0.39	0.77	0.3	0.44	-0.31	-0.27	0.81	0.32	0.3	0.3	0.89	0.21	0.77	0.9	0.29	0.83	0.62	0.64	0.13	0.37	0.7		-0.08	-0.1
Other Assets	0.4	0.51	0.26	0.07	0.44	0.32	-0.6	-0.04	0.04	0.73	0.32	0.74	-0.03	0.25	0.18	0.18	0.25	0.12	0.32	0.49	-0.11	0.23	-0.1	-0.08		0.3
Long Term Debt	0.54	0.51	0.49	0.24	0.48	0.48	-0.15	-0.25	0.15	0.29	0.49	0.32	0.05	0.56	0.24	0.21	0.56	0.22	0.25	0.25	0.0	0.35	-0.14	-0.1	0.3

Click cells to compare fundamentals

Crexendo Account Relationship Matchups

Crexendo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.8M	30.7M	77.2M	55.6M	56.2M	33.1M
Short Long Term Debt Total	167K	2.0M	2.8M	4.4M	2.2M	1.3M
Other Current Liab	1.9M	1.2M	4.9M	7.4M	6.0M	3.1M
Total Current Liabilities	2.9M	2.6M	10.6M	10.4M	10.3M	10.2M
Total Stockholder Equity	4.4M	25.8M	65.9M	41.5M	44.6M	46.8M
Property Plant And Equipment Net	206K	2.7M	3.5M	4.4M	1.7M	1.6M
Net Debt	(4.0M)	(15.6M)	(4.7M)	(1.1M)	(8.2M)	(8.6M)
Retained Earnings	(58.0M)	(50.1M)	(52.5M)	(87.9M)	(88.5M)	(92.9M)
Accounts Payable	86K	56K	476K	1.2M	769K	1.1M
Cash	4.2M	17.6M	7.5M	5.5M	10.3M	9.3M
Non Current Assets Total	2.1M	10.9M	65.6M	43.3M	38.9M	40.8M
Cash And Short Term Investments	4.2M	17.6M	7.5M	5.5M	10.3M	7.0M
Net Receivables	549K	987K	2.8M	4.3M	4.7M	5.3M
Common Stock Shares Outstanding	15.6M	17.4M	20.3M	22.9M	25.9M	13.0M
Liabilities And Stockholders Equity	7.8M	30.7M	77.2M	55.6M	56.2M	33.1M
Non Current Liabilities Total	510K	2.4M	647K	3.8M	1.3M	1.2M
Other Stockholder Equity	62.4M	75.8M	118.4M	129.2M	132.9M	76.1M
Total Liab	3.4M	4.9M	11.2M	14.2M	11.5M	15.0M
Property Plant And Equipment Gross	206K	2.7M	3.5M	4.4M	4.6M	4.8M
Total Current Assets	5.7M	19.8M	11.6M	12.4M	17.3M	14.0M
Accumulated Other Comprehensive Income	(1.7M)	0.0	12K	187K	166K	174.3K
Short Term Debt	80K	101K	2.4M	878K	1.1M	869.2K
Intangible Assets	465K	252K	22.2M	26.7M	23.6M	24.7M
Other Liab	423K	450K	290K	247K	222.3K	211.2K
Non Currrent Assets Other	1.1M	156K	313K	2.7M	4.2M	2.8M
Other Assets	1.1M	7.7M	2.9M	2.7M	2.4M	2.5M
Inventory	270K	382K	504K	231K	679K	271.2K
Property Plant Equipment	206K	2.7M	3.5M	3.3M	3.8M	4.0M
Current Deferred Revenue	791K	778K	2.7M	3.3M	2.4M	2.3M
Net Tangible Assets	3.7M	25.2M	6.8M	5.3M	6.1M	6.0M
Retained Earnings Total Equity	(59.2M)	(58.0M)	(50.1M)	(87.9M)	(79.2M)	(83.1M)
Capital Surpluse	61.2M	62.4M	75.8M	129.2M	148.6M	76.5M
Deferred Long Term Liab	436K	549K	697K	1.3M	1.5M	1.6M

Pair Trading with Crexendo

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 Crexendo 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 Crexendo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Crexendo Stock

0.7

SentinelOne

Pair Corr

Moving against Crexendo Stock

0.57	VCSA	Vacasa Inc Trending	Pair Corr
0.38	VRRM	Verra Mobility Corp	Pair Corr
0.32	VECO	Veeco Instruments	Pair Corr

The ability to find closely correlated positions to Crexendo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crexendo 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 Crexendo - 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 Crexendo to buy it.

The correlation of Crexendo 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 Crexendo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crexendo 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 Crexendo 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 Crexendo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crexendo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Crexendo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crexendo Stock:

How To Invest In Crexendo

Details

Is Crexendo Stock a good investment?

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What is Crexendo's Net Worth?

Details

Largest Internet Services & Infrastructure Companies

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Largest Software & Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. 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.

To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Internet Services & Infrastructure 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 Crexendo. If investors know Crexendo 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 Crexendo 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

(0.92)

Earnings Share

0.05

Revenue Per Share

2.219

Quarterly Revenue Growth

0.126

Return On Assets

0.0131

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

Change To Netincome vs Change Receivables

Change To Netincome vs Change Receivables Correlation Analysis

Correlation Coefficient

Change To Netincome

Change Receivables

Crexendo fundamental ratios Correlations

Crexendo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Crexendo fundamental ratios Accounts

Pair Trading with Crexendo

Moving together with Crexendo Stock

Moving against Crexendo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.97	Total Current Liabilities
Total Stockholder Equity	+ 0.95	Total Assets
Total Liab	+ 0.95	Net Receivables
Other Stockholder Equity	+ 0.95	Common Stock Shares Outstanding

Cash	- 0.96	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Total Current Assets	- 0.87	Net Debt
Common Stock Shares Outstanding	- 0.76	Retained Earnings
Other Stockholder Equity	- 0.75	Retained Earnings
Intangible Assets	- 0.73	Retained Earnings