IXICO Change To Netincome vs Change In Working Capital Analysis

IXI Stock   11.50  0.25  2.13%   
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 Netincome and its Change In Working Capital 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 Netincome vs Change In Working Capital

Change To Netincome vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IXICO PLC Change To Netincome account and Change In Working Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between IXICO PLC's Change To Netincome and Change In Working Capital is 0.09. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Working Capital 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 Netincome and Change In Working Capital 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 IXICO PLC are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Netincome i.e., IXICO PLC's Change To Netincome and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Netincome

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
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 (221 K).

IXICO PLC fundamental ratios Correlations

-0.090.330.460.990.77-0.54-0.440.160.570.71-0.340.71-0.50.710.58-0.060.28-0.20.660.790.84-0.06-0.59-0.340.63
-0.09-0.07-0.18-0.07-0.090.53-0.520.0-0.41-0.030.2-0.01-0.26-0.240.27-0.520.080.16-0.2-0.01-0.090.79-0.180.51-0.1
0.33-0.070.890.24-0.08-0.470.060.250.46-0.230.220.660.350.280.05-0.21-0.240.230.77-0.180.650.050.12-0.190.52
0.46-0.180.890.350.23-0.65-0.150.340.64-0.180.090.780.190.410.21-0.16-0.320.120.94-0.060.79-0.05-0.06-0.270.58
0.99-0.070.240.350.76-0.48-0.440.120.510.77-0.370.64-0.550.680.59-0.050.35-0.210.560.830.77-0.04-0.62-0.320.57
0.77-0.09-0.080.230.76-0.51-0.570.080.560.69-0.390.35-0.610.710.470.090.03-0.420.520.830.53-0.2-0.62-0.10.53
-0.540.53-0.47-0.65-0.48-0.510.12-0.21-0.97-0.140.38-0.560.17-0.48-0.23-0.370.270.03-0.72-0.26-0.630.560.370.27-0.44
-0.44-0.520.06-0.15-0.44-0.570.12-0.19-0.2-0.180.47-0.480.7-0.06-0.610.22-0.110.16-0.3-0.35-0.47-0.390.58-0.06-0.26
0.160.00.250.340.120.08-0.21-0.190.2-0.26-0.30.40.05-0.080.610.010.250.250.36-0.120.430.04-0.17-0.210.45
0.57-0.410.460.640.510.56-0.97-0.20.20.23-0.290.53-0.180.570.280.21-0.4-0.030.730.350.62-0.56-0.37-0.270.48
0.71-0.03-0.23-0.180.770.69-0.14-0.18-0.260.23-0.140.02-0.480.710.26-0.050.23-0.40.080.970.2-0.21-0.44-0.140.31
-0.340.20.220.09-0.37-0.390.380.47-0.3-0.29-0.14-0.280.670.15-0.47-0.63-0.490.19-0.05-0.26-0.330.090.60.0-0.18
0.71-0.010.660.780.640.35-0.56-0.480.40.530.02-0.28-0.280.230.57-0.140.170.160.790.140.960.19-0.42-0.370.46
-0.5-0.260.350.19-0.55-0.610.170.70.05-0.18-0.480.67-0.28-0.02-0.54-0.31-0.420.320.0-0.58-0.3-0.260.84-0.240.0
0.71-0.240.280.410.680.71-0.48-0.06-0.080.570.710.150.23-0.020.17-0.21-0.25-0.350.60.740.45-0.42-0.2-0.310.62
0.580.270.050.210.590.47-0.23-0.610.610.280.26-0.470.57-0.540.17-0.050.420.050.320.380.610.27-0.79-0.080.32
-0.06-0.52-0.21-0.16-0.050.09-0.370.220.010.21-0.05-0.63-0.14-0.31-0.21-0.050.25-0.18-0.14-0.01-0.08-0.28-0.310.33-0.11
0.280.08-0.24-0.320.350.030.27-0.110.25-0.40.23-0.490.17-0.42-0.250.420.250.04-0.240.210.170.38-0.39-0.010.04
-0.20.160.230.12-0.21-0.420.030.160.25-0.03-0.40.190.160.32-0.350.05-0.180.04-0.03-0.450.050.190.180.03-0.1
0.66-0.20.770.940.560.52-0.72-0.30.360.730.08-0.050.790.00.60.32-0.14-0.24-0.030.230.87-0.13-0.2-0.320.73
0.79-0.01-0.18-0.060.830.83-0.26-0.35-0.120.350.97-0.260.14-0.580.740.38-0.010.21-0.450.230.34-0.19-0.54-0.120.44
0.84-0.090.650.790.770.53-0.63-0.470.430.620.2-0.330.96-0.30.450.61-0.080.170.050.870.340.09-0.47-0.360.64
-0.060.790.05-0.05-0.04-0.20.56-0.390.04-0.56-0.210.090.19-0.26-0.420.27-0.280.380.19-0.13-0.190.09-0.180.49-0.17
-0.59-0.180.12-0.06-0.62-0.620.370.58-0.17-0.37-0.440.6-0.420.84-0.2-0.79-0.31-0.390.18-0.2-0.54-0.47-0.18-0.21-0.14
-0.340.51-0.19-0.27-0.32-0.10.27-0.06-0.21-0.27-0.140.0-0.37-0.24-0.31-0.080.33-0.010.03-0.32-0.12-0.360.49-0.21-0.25
0.63-0.10.520.580.570.53-0.44-0.260.450.480.31-0.180.460.00.620.32-0.110.04-0.10.730.440.64-0.17-0.14-0.25
Click cells to compare fundamentals

IXICO PLC Account Relationship Matchups

IXICO PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.1M14.3M14.7M13.0M8.2M9.4M
Other Current Liab1.4M1.3M1.3M1.0M1.2M1.3M
Total Current Liabilities2.7M2.1M1.7M1.3M1.7M1.8M
Total Stockholder Equity9.1M11.5M12.5M11.4M6.5M7.4M
Property Plant And Equipment Net1.0M1.1M817K518K202K287.4K
Net Debt(7.7M)(6.1M)(5.3M)(3.6M)(6.0M)(6.3M)
Retained Earnings(83.2M)(81.2M)(80.1M)(7.4M)(41.0M)(43.0M)
Accounts Payable176K734K254K86K522K416.2K
Cash7.9M6.7M5.8M4.0M6.0M4.6M
Non Current Assets Total1.8M3.8M5.4M6.7M202K191.9K
Non Currrent Assets Other(1.8M)(3.8M)(5.4M)39K(6.0M)(6.3M)
Cash And Short Term Investments7.9M6.7M5.8M4.0M6.0M7.2M
Common Stock Total Equity7.9M7.9M471K512K588.8K559.4K
Common Stock Shares Outstanding47.5M50.4M50.8M48.3M1.4M1.3M
Liabilities And Stockholders Equity12.1M14.3M14.7M13.0M8.2M9.4M
Non Current Liabilities Total302K633K427.0K277K522K307.1K
Other Current Assets396K1.2M1.2M1.3M1.2M1.7M
Other Stockholder Equity84.4M84.4M10.7M11.0M47.0M40.6M
Total Liab3.0M2.8M2.2M1.6M1.7M2.0M
Property Plant And Equipment Gross1.0M1.9M2.1M2.2M202K191.9K
Total Current Assets10.3M10.5M9.3M6.3M8.0M8.5M
Short Term Debt168K78K122K112K1K950.0
Common Stock469K471K482K484K512K486.4K
Accumulated Other Comprehensive Income7.4M7.4M7.3M7.3M(449K)(471.5K)
Net Receivables1.4M2.6M2.2M945K963.6K1.2M
Property Plant Equipment1.0M1.1M817K202K232.3K283.2K
Current Deferred Revenue761K475K673K529K(1.2M)(1.1M)
Intangible Assets796K2.7M4.6M6.1M162K153.9K
Net Tangible Assets7.6M8.3M8.5M7.9M7.1M6.3M
Capital Surpluse84.4M84.4M84.5M84.8M97.5M91.9M
Net Invested Capital9.1M11.2M12.5M11.4M13.1M9.8M
Net Working Capital7.6M8.1M7.5M5.0M5.8M7.1M
Capital Stock7.9M471K482K484K435.6K413.8K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.