Foxx Property Plant And Equipment Gross vs Common Stock Shares Outstanding Analysis

FOXXW Stock   0.13  0.01  8.33%   
Foxx Development financial indicator trend analysis is much more than just examining Foxx Development Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foxx Development Holdings is a good investment. Please check the relationship between Foxx Development Property Plant And Equipment Gross and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foxx Development 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 interest.

Property Plant And Equipment Gross vs Common Stock Shares Outstanding

Property Plant And Equipment Gross vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foxx Development Holdings Property Plant And Equipment Gross account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Foxx Development's Property Plant And Equipment Gross and Common Stock Shares Outstanding is -0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Foxx Development Holdings, assuming nothing else is changed. The correlation between historical values of Foxx Development's Property Plant And Equipment Gross and Common Stock Shares 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 Property Plant And Equipment Gross of Foxx Development Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Gross i.e., Foxx Development's Property Plant And Equipment Gross and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Foxx Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foxx Development 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foxx Development 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 interest.
Tax Provision is likely to drop to about 13.1 K in 2024. Selling General Administrative is likely to drop to about 1.6 M in 2024
 2010 2022 2023 2024 (projected)
Gross Profit454.6K1.1M115.9K110.1K
Total Revenue12.9M21.6M3.2M3.1M

Foxx Development fundamental ratios Correlations

0.99-0.910.930.9-0.870.880.570.92-0.730.990.920.931.01.0-0.73-0.91-0.79
0.99-0.920.910.9-0.870.890.460.91-0.731.00.870.910.990.99-0.73-0.92-0.79
-0.91-0.92-0.97-1.00.99-1.0-0.38-0.990.93-0.92-0.78-0.97-0.9-0.90.931.00.96
0.930.91-0.970.98-0.970.960.60.99-0.930.910.891.00.930.93-0.93-0.97-0.95
0.90.9-1.00.98-1.01.00.421.0-0.950.90.790.980.890.89-0.95-1.0-0.98
-0.87-0.870.99-0.97-1.0-1.0-0.4-0.990.97-0.87-0.75-0.97-0.86-0.860.970.990.99
0.880.89-1.00.961.0-1.00.360.99-0.950.890.740.960.870.87-0.95-1.0-0.98
0.570.46-0.380.60.42-0.40.360.51-0.420.460.840.60.590.59-0.42-0.4-0.42
0.920.91-0.990.991.0-0.990.990.51-0.940.910.840.990.910.92-0.94-0.99-0.97
-0.73-0.730.93-0.93-0.950.97-0.95-0.42-0.94-0.73-0.67-0.93-0.73-0.731.00.930.99
0.991.0-0.920.910.9-0.870.890.460.91-0.730.870.910.990.99-0.73-0.92-0.79
0.920.87-0.780.890.79-0.750.740.840.84-0.670.870.890.930.94-0.67-0.78-0.71
0.930.91-0.971.00.98-0.970.960.60.99-0.930.910.890.930.93-0.93-0.97-0.95
1.00.99-0.90.930.89-0.860.870.590.91-0.730.990.930.931.0-0.73-0.91-0.79
1.00.99-0.90.930.89-0.860.870.590.92-0.730.990.940.931.0-0.73-0.91-0.79
-0.73-0.730.93-0.93-0.950.97-0.95-0.42-0.941.0-0.73-0.67-0.93-0.73-0.730.930.99
-0.91-0.921.0-0.97-1.00.99-1.0-0.4-0.990.93-0.92-0.78-0.97-0.91-0.910.930.96
-0.79-0.790.96-0.95-0.980.99-0.98-0.42-0.970.99-0.79-0.71-0.95-0.79-0.790.990.96
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Foxx Development Account Relationship Matchups

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