IXICO Change To Account Receivables vs Other Non Cash Items Analysis

IXI Stock   9.75  0.50  4.88%   
IXICO PLC financial indicator trend analysis is infinitely more than just investigating IXICO PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IXICO PLC is a good investment. Please check the relationship between IXICO PLC Change To Account Receivables and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IXICO PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change To Account Receivables vs Other Non Cash Items

Change To Account Receivables vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IXICO PLC Change To Account Receivables account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IXICO PLC's Change To Account Receivables and Other Non Cash Items is -0.3. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of IXICO PLC, assuming nothing else is changed. The correlation between historical values of IXICO PLC's Change To Account Receivables and Other Non Cash Items 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 Account Receivables of IXICO PLC are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Account Receivables i.e., IXICO PLC's Change To Account Receivables and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Account Receivables

Other Non Cash Items

Most indicators from IXICO PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IXICO PLC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IXICO PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 2 M, whereas Tax Provision is forecasted to decline to (112.3 K).

IXICO PLC fundamental ratios Correlations

-0.10.30.420.990.76-0.46-0.350.080.490.67-0.290.59-0.520.710.540.010.3-0.230.630.760.75-0.07-0.61-0.350.64
-0.1-0.06-0.17-0.08-0.090.48-0.510.03-0.37-0.070.180.02-0.23-0.250.28-0.5-0.010.18-0.19-0.04-0.060.79-0.160.52-0.11
0.3-0.060.890.2-0.08-0.490.010.280.47-0.260.180.660.370.230.07-0.25-0.250.260.77-0.220.660.060.14-0.180.5
0.42-0.170.890.30.23-0.66-0.190.370.65-0.240.050.780.220.340.23-0.21-0.320.150.95-0.130.8-0.04-0.03-0.260.56
0.99-0.080.20.30.74-0.38-0.330.030.420.74-0.310.52-0.570.690.530.040.38-0.250.520.810.68-0.06-0.64-0.330.58
0.76-0.09-0.080.230.74-0.49-0.530.080.540.57-0.390.33-0.590.680.470.090.01-0.410.520.730.51-0.2-0.6-0.10.53
-0.460.48-0.49-0.66-0.38-0.490.21-0.31-0.970.050.42-0.610.08-0.34-0.27-0.190.4-0.05-0.72-0.07-0.660.510.280.24-0.39
-0.35-0.510.01-0.19-0.33-0.530.21-0.3-0.280.050.51-0.550.550.05-0.620.340.190.05-0.32-0.13-0.52-0.390.46-0.08-0.21
0.080.030.280.370.030.08-0.31-0.30.29-0.41-0.350.480.14-0.180.62-0.17-0.140.320.38-0.280.480.06-0.06-0.160.37
0.49-0.370.470.650.420.54-0.97-0.280.290.03-0.330.58-0.090.440.320.06-0.470.040.730.160.64-0.51-0.28-0.240.43
0.67-0.07-0.26-0.240.740.570.050.05-0.410.030.0-0.18-0.520.730.120.190.53-0.46-0.010.970.02-0.21-0.47-0.150.31
-0.290.180.180.05-0.31-0.390.420.51-0.35-0.330.0-0.330.580.2-0.49-0.45-0.160.13-0.07-0.13-0.360.070.52-0.01-0.16
0.590.020.660.780.520.33-0.61-0.550.480.58-0.18-0.33-0.160.110.58-0.29-0.160.240.79-0.050.960.21-0.3-0.320.39
-0.52-0.230.370.22-0.57-0.590.080.550.14-0.09-0.520.58-0.16-0.09-0.48-0.36-0.450.360.04-0.61-0.21-0.230.85-0.22-0.03
0.71-0.250.230.340.690.68-0.340.05-0.180.440.730.20.11-0.090.11-0.040.05-0.390.530.760.34-0.42-0.24-0.310.62
0.540.280.070.230.530.47-0.27-0.620.620.320.12-0.490.58-0.480.11-0.140.140.090.330.250.630.28-0.72-0.070.3
0.01-0.5-0.25-0.210.040.09-0.190.34-0.170.060.19-0.45-0.29-0.36-0.04-0.140.45-0.27-0.180.19-0.2-0.29-0.350.3-0.05
0.3-0.01-0.25-0.320.380.010.40.19-0.14-0.470.53-0.16-0.16-0.450.050.140.45-0.16-0.260.46-0.090.2-0.41-0.050.1
-0.230.180.260.15-0.25-0.41-0.050.050.320.04-0.460.130.240.36-0.390.09-0.27-0.160.01-0.50.110.20.230.04-0.12
0.63-0.190.770.950.520.52-0.72-0.320.380.73-0.01-0.070.790.040.530.33-0.18-0.260.010.130.87-0.12-0.16-0.310.7
0.76-0.04-0.22-0.130.810.73-0.07-0.13-0.280.160.97-0.13-0.05-0.610.760.250.190.46-0.50.130.17-0.2-0.57-0.130.43
0.75-0.060.660.80.680.51-0.66-0.520.480.640.02-0.360.96-0.210.340.63-0.2-0.090.110.870.170.11-0.38-0.330.59
-0.070.790.06-0.04-0.06-0.20.51-0.390.06-0.51-0.210.070.21-0.23-0.420.28-0.290.20.2-0.12-0.20.11-0.160.5-0.17
-0.61-0.160.14-0.03-0.64-0.60.280.46-0.06-0.28-0.470.52-0.30.85-0.24-0.72-0.35-0.410.23-0.16-0.57-0.38-0.16-0.19-0.16
-0.350.52-0.18-0.26-0.33-0.10.24-0.08-0.16-0.24-0.15-0.01-0.32-0.22-0.31-0.070.3-0.050.04-0.31-0.13-0.330.5-0.19-0.25
0.64-0.110.50.560.580.53-0.39-0.210.370.430.31-0.160.39-0.030.620.3-0.050.1-0.120.70.430.59-0.17-0.16-0.25
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IXICO PLC Account Relationship Matchups

IXICO PLC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets14.3M14.7M13.0M11.2M8.2M9.5M
Short Long Term Debt Total597K516K387K314K1K950.0
Other Current Liab1.3M1.3M1.0M1.1M1.2M1.3M
Total Current Liabilities2.1M1.7M1.3M1.6M1.7M1.8M
Total Stockholder Equity11.5M12.5M11.4M9.5M6.5M7.5M
Property Plant And Equipment Net1.1M817K518K313K202K289.2K
Net Debt(6.1M)(5.3M)(3.6M)(1.5M)(6.0M)(6.3M)
Retained Earnings(81.2M)(80.1M)(7.4M)7.5M(41.0M)(43.0M)
Accounts Payable734K254K86K83K522K406.0K
Cash6.7M5.8M4.0M1.8M6.0M4.5M
Non Current Assets Total3.8M5.4M6.7M6.7M202K191.9K
Non Currrent Assets Other(3.8M)(5.4M)39K9K(6.0M)(6.3M)
Cash And Short Term Investments6.7M5.8M4.0M1.8M6.0M7.0M
Common Stock Shares Outstanding50.4M50.8M48.3M48.4M1.4M1.3M
Liabilities And Stockholders Equity14.3M14.7M13.0M11.2M8.2M9.5M
Non Current Liabilities Total633K427.0K277K150K522K301.3K
Other Current Assets1.2M1.2M1.3M2.7M1.2M1.8M
Other Stockholder Equity84.4M10.7M11.0M1.5M47.0M39.4M
Total Liab2.8M2.2M1.6M1.7M1.7M2.0M
Property Plant And Equipment Gross1.9M2.1M2.2M2.2M202K191.9K
Total Current Assets10.5M9.3M6.3M4.5M8.0M8.4M
Short Term Debt78K122K112K164K1K950.0
Common Stock469K471K482K484K512K486.4K
Accumulated Other Comprehensive Income7.4M7.3M7.3M(449K)(404.1K)(424.3K)
Net Receivables2.6M2.2M945K1.6M963.6K1.2M
Property Plant Equipment1.0M1.1M817K202K232.3K283.2K
Current Deferred Revenue475K673K529K(1.2M)(1.4M)(1.3M)
Intangible Assets2.7M4.6M6.1M6.4M162K153.9K
Net Tangible Assets7.6M8.3M8.5M7.9M7.1M6.3M
Net Invested Capital11.2M12.5M11.4M9.5M10.9M9.9M
Net Working Capital8.1M7.5M5.0M2.9M2.6M4.8M
Capital Stock7.9M471K482K484K435.6K413.8K
Capital Lease Obligations597K516K387K314K282.6K324.3K

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Other Information on Investing in IXICO Stock

Balance Sheet is a snapshot of the financial position of IXICO PLC at a specified time, usually calculated after every quarter, six months, or one year. IXICO PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IXICO PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IXICO currently owns. An asset can also be divided into two categories, current and non-current.