IXICO Selling General Administrative vs Total Assets Analysis
IXI Stock | 11.75 0.25 2.17% |
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 Selling General Administrative and its Total Assets 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.
Selling General Administrative vs Total Assets
Selling General Administrative vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IXICO PLC Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IXICO PLC's Selling General Administrative and Total Assets is 0.48. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets 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 Selling General Administrative and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of IXICO PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., IXICO PLC's Selling General Administrative and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
Total Assets
Total assets refers to the total amount of IXICO PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in IXICO PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
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IXICO PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IXICO PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.1M | 14.3M | 14.7M | 13.0M | 8.2M | 9.4M | |
Other Current Liab | 1.4M | 1.3M | 1.3M | 1.0M | 1.2M | 1.3M | |
Total Current Liabilities | 2.7M | 2.1M | 1.7M | 1.3M | 1.7M | 1.8M | |
Total Stockholder Equity | 9.1M | 11.5M | 12.5M | 11.4M | 6.5M | 7.4M | |
Property Plant And Equipment Net | 1.0M | 1.1M | 817K | 518K | 202K | 287.4K | |
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 Payable | 176K | 734K | 254K | 86K | 522K | 416.2K | |
Cash | 7.9M | 6.7M | 5.8M | 4.0M | 6.0M | 4.6M | |
Non Current Assets Total | 1.8M | 3.8M | 5.4M | 6.7M | 202K | 191.9K | |
Non Currrent Assets Other | (1.8M) | (3.8M) | (5.4M) | 39K | (6.0M) | (6.3M) | |
Cash And Short Term Investments | 7.9M | 6.7M | 5.8M | 4.0M | 6.0M | 7.2M | |
Common Stock Total Equity | 7.9M | 7.9M | 471K | 512K | 588.8K | 559.4K | |
Common Stock Shares Outstanding | 47.5M | 50.4M | 50.8M | 48.3M | 1.4M | 1.3M | |
Liabilities And Stockholders Equity | 12.1M | 14.3M | 14.7M | 13.0M | 8.2M | 9.4M | |
Non Current Liabilities Total | 302K | 633K | 427.0K | 277K | 522K | 307.1K | |
Other Current Assets | 396K | 1.2M | 1.2M | 1.3M | 1.2M | 1.7M | |
Other Stockholder Equity | 84.4M | 84.4M | 10.7M | 11.0M | 47.0M | 40.6M | |
Total Liab | 3.0M | 2.8M | 2.2M | 1.6M | 1.7M | 2.0M | |
Property Plant And Equipment Gross | 1.0M | 1.9M | 2.1M | 2.2M | 202K | 191.9K | |
Total Current Assets | 10.3M | 10.5M | 9.3M | 6.3M | 8.0M | 8.5M | |
Short Term Debt | 168K | 78K | 122K | 112K | 1K | 950.0 | |
Common Stock | 469K | 471K | 482K | 484K | 512K | 486.4K | |
Accumulated Other Comprehensive Income | 7.4M | 7.4M | 7.3M | 7.3M | (449K) | (471.5K) | |
Net Receivables | 1.4M | 2.6M | 2.2M | 945K | 963.6K | 1.2M | |
Property Plant Equipment | 1.0M | 1.1M | 817K | 202K | 232.3K | 283.2K | |
Current Deferred Revenue | 761K | 475K | 673K | 529K | (1.2M) | (1.1M) | |
Intangible Assets | 796K | 2.7M | 4.6M | 6.1M | 162K | 153.9K | |
Net Tangible Assets | 7.6M | 8.3M | 8.5M | 7.9M | 7.1M | 6.3M | |
Capital Surpluse | 84.4M | 84.4M | 84.5M | 84.8M | 97.5M | 91.9M | |
Net Invested Capital | 9.1M | 11.2M | 12.5M | 11.4M | 13.1M | 9.8M | |
Net Working Capital | 7.6M | 8.1M | 7.5M | 5.0M | 5.8M | 7.1M | |
Capital Stock | 7.9M | 471K | 482K | 484K | 435.6K | 413.8K |
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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.