X2M Total Stockholder Equity vs Net Debt Analysis

X2M Stock

0.03 0.00 0.00%

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 Total Stockholder Equity and its Net Debt 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.

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X2M Connect Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between X2M Connect's Total Stockholder Equity and Net Debt is -0.91. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt 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 Total Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of X2M Connect are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., X2M Connect's Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 5.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.4 M in 2024.

X2M Connect fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Equivalents	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total
Total Assets		-0.18	0.83	0.92	0.89	0.8	0.54	0.5	0.97	0.42	0.1	0.99	0.88	-0.86	0.72	-0.91	-0.71	0.97	-0.71	-0.03	-0.92	-0.82	-0.94	0.96	0.88	0.89
Total Current Liabilities	-0.18		-0.67	-0.08	-0.39	0.33	0.33	-0.43	-0.36	-0.91	0.93	-0.09	-0.35	0.63	0.28	0.55	0.52	-0.19	0.6	-0.73	0.38	0.49	0.24	0.09	-0.35	-0.02
Total Stockholder Equity	0.83	-0.67		0.68	0.87	0.36	0.17	0.63	0.91	0.79	-0.46	0.79	0.84	-0.99	0.34	-0.98	-0.87	0.78	-0.89	0.38	-0.91	-0.91	-0.83	0.65	0.86	0.62
Other Assets	0.92	-0.08	0.68		0.7	0.83	0.46	0.53	0.85	0.32	0.24	0.89	0.7	-0.71	0.66	-0.75	-0.43	0.9	-0.43	-0.25	-0.71	-0.56	-0.82	0.94	0.69	0.93
Cash And Short Term Investments	0.89	-0.39	0.87	0.7		0.64	0.51	0.36	0.88	0.58	-0.16	0.88	0.99	-0.89	0.56	-0.95	-0.78	0.89	-0.89	0.25	-0.96	-0.91	-0.85	0.77	1.0	0.68
Net Receivables	0.8	0.33	0.36	0.83	0.64		0.79	0.06	0.65	-0.02	0.63	0.81	0.67	-0.43	0.82	-0.51	-0.24	0.84	-0.31	-0.45	-0.61	-0.41	-0.72	0.9	0.66	0.87
Common Stock Shares Outstanding	0.54	0.33	0.17	0.46	0.51	0.79		-0.43	0.49	-0.04	0.56	0.56	0.58	-0.26	0.92	-0.34	-0.31	0.68	-0.39	-0.08	-0.53	-0.42	-0.6	0.61	0.55	0.68
Inventory	0.5	-0.43	0.63	0.53	0.36	0.06	-0.43		0.51	0.34	-0.38	0.48	0.31	-0.56	-0.12	-0.55	-0.37	0.3	-0.25	0.04	-0.37	-0.38	-0.31	0.41	0.3	0.24
Other Current Assets	0.97	-0.36	0.91	0.85	0.88	0.65	0.49	0.51		0.55	-0.09	0.94	0.88	-0.92	0.69	-0.95	-0.84	0.93	-0.81	0.2	-0.95	-0.9	-0.95	0.87	0.87	0.84
Other Stockholder Equity	0.42	-0.91	0.79	0.32	0.58	-0.02	-0.04	0.34	0.55		-0.73	0.31	0.53	-0.8	0.0	-0.7	-0.61	0.48	-0.73	0.55	-0.58	-0.62	-0.54	0.17	0.56	0.35
Total Liab	0.1	0.93	-0.46	0.24	-0.16	0.63	0.56	-0.38	-0.09	-0.73		0.16	-0.11	0.39	0.53	0.31	0.41	0.14	0.44	-0.78	0.15	0.32	-0.05	0.37	-0.12	0.33
Total Current Assets	0.99	-0.09	0.79	0.89	0.88	0.81	0.56	0.48	0.94	0.31	0.16		0.88	-0.81	0.73	-0.88	-0.7	0.93	-0.69	-0.05	-0.91	-0.81	-0.91	0.97	0.88	0.84
Cash And Equivalents	0.88	-0.35	0.84	0.7	0.99	0.67	0.58	0.31	0.88	0.53	-0.11	0.88		-0.85	0.61	-0.93	-0.76	0.89	-0.87	0.26	-0.95	-0.9	-0.84	0.77	0.99	0.69
Short Term Debt	-0.86	0.63	-0.99	-0.71	-0.89	-0.43	-0.26	-0.56	-0.92	-0.8	0.39	-0.81	-0.85		-0.42	0.98	0.87	-0.83	0.89	-0.34	0.93	0.91	0.89	-0.69	-0.87	-0.69
Common Stock	0.72	0.28	0.34	0.66	0.56	0.82	0.92	-0.12	0.69	0.0	0.53	0.73	0.61	-0.42		-0.49	-0.47	0.79	-0.43	-0.08	-0.64	-0.54	-0.75	0.78	0.58	0.82
Property Plant Equipment	-0.91	0.55	-0.98	-0.75	-0.95	-0.51	-0.34	-0.55	-0.95	-0.7	0.31	-0.88	-0.93	0.98	-0.49		0.86	-0.87	0.9	-0.33	0.96	0.94	0.88	-0.75	-0.93	-0.7
Short Long Term Debt Total	-0.71	0.52	-0.87	-0.43	-0.78	-0.24	-0.31	-0.37	-0.84	-0.61	0.41	-0.7	-0.76	0.87	-0.47	0.86		-0.66	0.93	-0.56	0.9	0.97	0.79	-0.53	-0.78	-0.48
Other Current Liab	0.97	-0.19	0.78	0.9	0.89	0.84	0.68	0.3	0.93	0.48	0.14	0.93	0.89	-0.83	0.79	-0.87	-0.66		-0.72	-0.01	-0.91	-0.79	-0.96	0.92	0.89	0.94
Other Liab	-0.71	0.6	-0.89	-0.43	-0.89	-0.31	-0.39	-0.25	-0.81	-0.73	0.44	-0.69	-0.87	0.89	-0.43	0.9	0.93	-0.72		-0.57	0.93	0.97	0.79	-0.51	-0.9	-0.49
Net Tangible Assets	-0.03	-0.73	0.38	-0.25	0.25	-0.45	-0.08	0.04	0.2	0.55	-0.78	-0.05	0.26	-0.34	-0.08	-0.33	-0.56	-0.01	-0.57		-0.28	-0.48	-0.05	-0.28	0.22	-0.22
Property Plant And Equipment Net	-0.92	0.38	-0.91	-0.71	-0.96	-0.61	-0.53	-0.37	-0.95	-0.58	0.15	-0.91	-0.95	0.93	-0.64	0.96	0.9	-0.91	0.93	-0.28		0.97	0.94	-0.8	-0.96	-0.74
Net Debt	-0.82	0.49	-0.91	-0.56	-0.91	-0.41	-0.42	-0.38	-0.9	-0.62	0.32	-0.81	-0.9	0.91	-0.54	0.94	0.97	-0.79	0.97	-0.48	0.97		0.85	-0.65	-0.91	-0.58
Retained Earnings	-0.94	0.24	-0.83	-0.82	-0.85	-0.72	-0.6	-0.31	-0.95	-0.54	-0.05	-0.91	-0.84	0.89	-0.75	0.88	0.79	-0.96	0.79	-0.05	0.94	0.85		-0.87	-0.87	-0.9
Accounts Payable	0.96	0.09	0.65	0.94	0.77	0.9	0.61	0.41	0.87	0.17	0.37	0.97	0.77	-0.69	0.78	-0.75	-0.53	0.92	-0.51	-0.28	-0.8	-0.65	-0.87		0.77	0.91
Cash	0.88	-0.35	0.86	0.69	1.0	0.66	0.55	0.3	0.87	0.56	-0.12	0.88	0.99	-0.87	0.58	-0.93	-0.78	0.89	-0.9	0.22	-0.96	-0.91	-0.87	0.77		0.69
Non Current Assets Total	0.89	-0.02	0.62	0.93	0.68	0.87	0.68	0.24	0.84	0.35	0.33	0.84	0.69	-0.69	0.82	-0.7	-0.48	0.94	-0.49	-0.22	-0.74	-0.58	-0.9	0.91	0.69

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X2M Connect Account Relationship Matchups

X2M Connect fundamental ratios 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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