X2M Other Operating Expenses vs Interest Income Analysis
X2M Stock | 0.02 0 9.09% |
X2M Connect financial indicator trend analysis is more than just analyzing X2M Connect current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X2M Connect is a good investment. Please check the relationship between X2M Connect Other Operating Expenses and its Interest Income accounts. 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.
Other Operating Expenses vs Interest Income
Other Operating Expenses vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X2M Connect Other Operating Expenses account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between X2M Connect's Other Operating Expenses and Interest Income is -0.75. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Interest Income in the same time period over historical financial statements of X2M Connect, assuming nothing else is changed. The correlation between historical values of X2M Connect's Other Operating Expenses and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of X2M Connect are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Other Operating Expenses i.e., X2M Connect's Other Operating Expenses and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of X2M Connect. It is also known as X2M Connect overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from X2M Connect's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2025.
X2M Connect fundamental ratios Correlations
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X2M Connect Account Relationship Matchups
High Positive Relationship
High Negative Relationship
X2M Connect fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 6.9M | 8.2M | 14.2M | 13.5M | 15.5M | 9.6M | |
Total Current Liabilities | 6.4M | 6.0M | 13.1M | 9.4M | 10.8M | 9.6M | |
Total Stockholder Equity | 185.2K | 1.6M | 405.2K | 544.9K | 626.6K | 658.0K | |
Other Assets | 256.1K | 128.0K | 202.0K | 429.7K | 494.2K | 254.6K | |
Cash And Short Term Investments | 2.0M | 1.0M | 1.8M | 1.9M | 2.2M | 1.3M | |
Net Receivables | 1.3M | 980.6K | 2.6M | 2.9M | 3.3M | 1.9M | |
Long Term Debt Total | 64.3K | 113.2K | 340.4K | 257.5K | 296.1K | 170.6K | |
Liabilities And Stockholders Equity | 6.9M | 8.2M | 14.2M | 13.5M | 15.5M | 9.6M | |
Inventory | 76.3K | 135.1K | 228.2K | 71.7K | 82.4K | 150.9K | |
Other Current Assets | 1.1M | 2.1M | 2.5M | 2.5M | 2.9M | 1.7M | |
Other Stockholder Equity | 415.6K | 2.1M | (26.4M) | (1.0) | (1.15) | (1.21) | |
Total Liab | 6.8M | 6.6M | 13.8M | 13.0M | 14.9M | 10.8M | |
Total Current Assets | 4.0M | 4.2M | 9.3M | 7.4M | 8.5M | 5.3M | |
Cash And Equivalents | 111.9K | 2.0M | 1.0M | 1.8M | 2.1M | 1.1M | |
Short Term Debt | 2.7M | 801.6K | 2.2M | 439.9K | 395.9K | 376.1K | |
Common Stock | 9.4M | 19.3M | 24.1M | 29.0M | 33.4M | 17.5M | |
Property Plant Equipment | 1.3M | 632.9K | 627.6K | 450.3K | 405.2K | 799.8K | |
Short Long Term Debt Total | 2.7M | 1.1M | 2.5M | 3.5M | 3.1M | 2.3M | |
Other Current Liab | 2.0M | 2.2M | 3.6M | 4.9M | 5.6M | 3.0M | |
Property Plant And Equipment Net | 632.9K | 627.6K | 450.3K | 499.2K | 449.3K | 562.7K | |
Net Debt | 697.9K | 121.9K | 701.2K | 1.5M | 1.4M | 1.2M | |
Retained Earnings | (9.6M) | (19.9M) | (26.4M) | (32.9M) | (29.6M) | (28.1M) | |
Accounts Payable | 695.7K | 1.1M | 4.8M | 4.0M | 4.7M | 2.5M | |
Cash | 2.0M | 1.0M | 1.8M | 1.9M | 2.2M | 1.5M | |
Non Current Assets Total | 3.0M | 3.9M | 4.8M | 6.1M | 7.0M | 4.6M | |
Non Currrent Assets Other | 128.0K | 202.0K | 429.7K | 602.6K | 693.0K | 356.1K | |
Non Current Liabilities Total | 362.8K | 636.7K | 708.4K | 3.6M | 4.1M | 4.4M | |
Accumulated Other Comprehensive Income | 415.6K | 2.1M | 2.7M | 4.4M | 5.1M | 5.3M | |
Intangible Assets | 2.2M | 3.1M | 3.9M | 4.5M | 5.2M | 3.4M |
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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.