X2M Historical Balance Sheet
X2M Stock | 0.03 0.00 0.00% |
Trend analysis of X2M Connect balance sheet accounts such as Total Assets of 9.6 M, Total Current Liabilities of 9.6 M, Total Stockholder Equity of 572.1 K or Other Assets of 254.6 K provides information on X2M Connect's total assets, liabilities, and equity, which is the actual value of X2M Connect to its prevalent stockholders. By breaking down trends over time using X2M Connect balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining X2M Connect latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether X2M Connect is a good buy for the upcoming year.
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About X2M Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of X2M Connect at a specified time, usually calculated after every quarter, six months, or one year. X2M Connect Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of X2M Connect 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 X2M currently owns. An asset can also be divided into two categories, current and non-current.
X2M Connect Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of X2M Connect 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 X2M Connect 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.Total Current Liabilities
Total Current Liabilities is an item on X2M Connect balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of X2M Connect are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of X2M Connect balance sheet. This account contains X2M Connect investments that will expire within one year. These investments include stocks and bonds that can be liquidated by X2M Connect fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from X2M Connect's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into X2M Connect current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X2M Connect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, X2M Connect's Total Current Liabilities is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 572.1 K in 2024, whereas Cash And Short Term Investments are likely to drop slightly above 1.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 6.0M | 13.1M | 9.4M | 9.6M | Total Assets | 8.2M | 14.2M | 13.5M | 9.6M |
X2M Connect balance sheet Correlations
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X2M Connect Account Relationship Matchups
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X2M Connect balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5M | 6.9M | 8.2M | 14.2M | 13.5M | 9.6M | |
Total Current Liabilities | 6.1M | 6.4M | 6.0M | 13.1M | 9.4M | 9.6M | |
Total Stockholder Equity | (1.4M) | 185.2K | 1.6M | 405.2K | 544.9K | 572.1K | |
Other Assets | 256.1K | 128.0K | 202.0K | 429.7K | 494.2K | 254.6K | |
Cash And Short Term Investments | 302.1K | 2.0M | 1.0M | 1.8M | 1.9M | 1.3M | |
Net Receivables | 916.5K | 1.3M | 980.6K | 2.6M | 2.9M | 1.9M | |
Long Term Debt Total | 64.3K | 113.2K | 340.4K | 257.5K | 296.1K | 170.6K | |
Liabilities And Stockholders Equity | 5.5M | 6.9M | 8.2M | 14.2M | 13.5M | 9.6M | |
Inventory | 269.0K | 76.3K | 135.1K | 228.2K | 71.7K | 68.1K | |
Other Current Assets | 681.1K | 1.1M | 2.1M | 2.5M | 2.5M | 1.7M | |
Other Stockholder Equity | 23.8K | 415.6K | 2.1M | (26.4M) | (1.0) | (1.05) | |
Total Liab | 6.9M | 6.8M | 6.6M | 13.8M | 13.0M | 10.8M | |
Total Current Assets | 2.2M | 4.0M | 4.2M | 9.3M | 7.4M | 5.3M | |
Cash And Equivalents | 111.9K | 2.0M | 1.0M | 1.8M | 2.1M | 1.1M | |
Short Term Debt | 4.7M | 2.7M | 801.6K | 2.2M | 439.9K | 417.9K | |
Common Stock | 260.0 | 9.4M | 19.3M | 24.1M | 29.0M | 17.5M | |
Property Plant Equipment | 1.3M | 632.9K | 627.6K | 450.3K | 405.2K | 799.8K |
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When running X2M Connect's price analysis, check to measure X2M Connect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy X2M Connect is operating at the current time. Most of X2M Connect's value examination focuses on studying past and present price action to predict the probability of X2M Connect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X2M Connect's price. Additionally, you may evaluate how the addition of X2M Connect to your portfolios can decrease your overall portfolio volatility.