XBiotech Historical Balance Sheet

XBIT Stock  USD 7.35  0.54  7.93%   
Trend analysis of XBiotech balance sheet accounts such as Total Assets of 209.4 M, Short Long Term Debt Total of 800, Other Current Liabilities of 6.5 M or Total Current Liabilities of 9.4 M provides information on XBiotech's total assets, liabilities, and equity, which is the actual value of XBiotech to its prevalent stockholders. By breaking down trends over time using XBiotech 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.
 
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Financial Statement Analysis is much more than just reviewing and examining XBiotech 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 XBiotech is a good buy for the upcoming year.

XBiotech Inventory

(7.65 Million)

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XBiotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy XBiotech Stock please use our How to Invest in XBiotech guide.

About XBiotech Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of XBiotech at a specified time, usually calculated after every quarter, six months, or one year. XBiotech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of XBiotech 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 XBiotech currently owns. An asset can also be divided into two categories, current and non-current.

XBiotech Balance Sheet Chart

At this time, XBiotech's Other Current Liabilities is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 9.4 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 22.6 M in 2024.

Total Assets

Total assets refers to the total amount of XBiotech 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 XBiotech 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from XBiotech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into XBiotech 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 XBiotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy XBiotech Stock please use our How to Invest in XBiotech guide.At this time, XBiotech's Other Current Liabilities is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 9.4 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 22.6 M in 2024.
 2023 2024 (projected)
Short and Long Term Debt Total900.0800.0
Total Assets226.6M209.4M

XBiotech balance sheet Correlations

-0.090.870.881.00.47-0.990.90.240.990.910.990.620.680.590.250.90.441.00.630.540.990.330.550.960.24
-0.09-0.01-0.02-0.09-0.170.150.01-0.13-0.09-0.06-0.09-0.23-0.12-0.260.1-0.03-0.29-0.09-0.21-0.24-0.140.07-0.54-0.080.44
0.87-0.011.00.850.22-0.890.840.080.90.910.880.40.90.19-0.070.990.140.850.410.240.85-0.090.180.850.65
0.88-0.021.00.860.26-0.90.820.170.910.920.890.450.890.21-0.061.00.180.860.460.260.86-0.080.20.850.63
1.0-0.090.850.860.48-0.990.890.240.990.90.990.630.650.610.270.880.461.00.640.560.990.350.570.960.21
0.47-0.170.220.260.48-0.420.070.60.420.610.430.920.240.530.240.290.920.450.930.870.420.350.520.25-0.27
-0.990.15-0.89-0.9-0.99-0.42-0.9-0.22-1.0-0.91-0.99-0.59-0.71-0.57-0.16-0.92-0.41-0.99-0.6-0.5-0.99-0.28-0.55-0.96-0.27
0.90.010.840.820.890.07-0.9-0.070.910.720.90.220.590.460.250.840.080.910.220.210.920.30.410.980.34
0.24-0.130.080.170.240.6-0.22-0.070.210.310.220.63-0.010.170.130.180.520.230.640.240.180.150.20.08-0.13
0.99-0.090.90.910.990.42-1.00.910.210.911.00.590.70.570.170.920.410.990.590.490.990.280.530.960.3
0.91-0.060.910.920.90.61-0.910.720.310.910.910.710.840.380.060.930.50.890.730.580.880.080.370.80.41
0.99-0.090.880.890.990.43-0.990.90.221.00.910.60.680.590.160.910.420.990.60.510.990.30.550.960.26
0.62-0.230.40.450.630.92-0.590.220.630.590.710.60.380.550.140.470.870.60.990.860.570.230.550.4-0.15
0.68-0.120.90.890.650.24-0.710.59-0.010.70.840.680.38-0.05-0.140.870.080.650.410.260.65-0.330.020.620.68
0.59-0.260.190.210.610.53-0.570.460.170.570.380.590.55-0.050.180.260.720.610.530.690.610.780.950.55-0.54
0.250.1-0.07-0.060.270.24-0.160.250.130.170.060.160.14-0.140.18-0.050.140.270.150.260.250.450.130.28-0.3
0.9-0.030.991.00.880.29-0.920.840.180.920.930.910.470.870.26-0.050.210.880.480.290.88-0.040.240.870.6
0.44-0.290.140.180.460.92-0.410.080.520.410.50.420.870.080.720.140.210.430.850.880.420.460.70.25-0.43
1.0-0.090.850.861.00.45-0.990.910.230.990.890.990.60.650.610.270.880.430.610.530.990.350.570.970.21
0.63-0.210.410.460.640.93-0.60.220.640.590.730.60.990.410.530.150.480.850.610.850.570.240.530.41-0.12
0.54-0.240.240.260.560.87-0.50.210.240.490.580.510.860.260.690.260.290.880.530.850.520.380.670.36-0.36
0.99-0.140.850.860.990.42-0.990.920.180.990.880.990.570.650.610.250.880.420.990.570.520.330.580.980.2
0.330.07-0.09-0.080.350.35-0.280.30.150.280.080.30.23-0.330.780.45-0.040.460.350.240.380.330.680.34-0.57
0.55-0.540.180.20.570.52-0.550.410.20.530.370.550.550.020.950.130.240.70.570.530.670.580.680.51-0.6
0.96-0.080.850.850.960.25-0.960.980.080.960.80.960.40.620.550.280.870.250.970.410.360.980.340.510.26
0.240.440.650.630.21-0.27-0.270.34-0.130.30.410.26-0.150.68-0.54-0.30.6-0.430.21-0.12-0.360.2-0.57-0.60.26
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XBiotech Account Relationship Matchups

XBiotech balance sheet Accounts

201920202021202220232024 (projected)
Total Assets816.9M353.7M275.2M246.1M226.6M209.4M
Other Current Liab53.5M1.4M1.4M1.6M3.5M6.5M
Total Current Liabilities60.2M4.0M3.5M4.1M6.1M9.4M
Total Stockholder Equity755.6M348.6M269.4M240.4M218.8M199.2M
Property Plant And Equipment Net25.2M27.3M28.3M26.3M24.9M22.6M
Net Debt(714.6M)(237.4M)(237.0M)(157.3M)(200.0M)(210.0M)
Retained Earnings430.9M97.6M5.2M(27.7M)(52.3M)(54.9M)
Accounts Payable2.1M2.5M2.1M2.4M2.5M2.5M
Cash714.6M237.4M237.0M157.3M200.0M163.9M
Non Current Assets Total100.6M27.9M28.3M26.3M24.9M29.6M
Cash And Short Term Investments714.6M237.4M237.0M217.5M200.0M169.4M
Common Stock Total Equity324.8M249.8M262.3M267.3M307.4M244.1M
Common Stock Shares Outstanding46.3M30.8M30.0M30.4M30.4M36.4M
Liabilities And Stockholders Equity816.9M353.7M275.2M246.1M226.6M209.4M
Non Current Liabilities Total1.1M1.1M2.3M1.6M1.7M870.2K
Other Current Assets1.7M84.4M934K601K760K722K
Total Liab61.2M5.1M5.8M5.7M7.8M10.2M
Property Plant And Equipment Gross25.2M27.3M44.0M26.3M43.1M25.8M
Total Current Assets716.3M325.9M246.9M219.8M201.7M179.8M
Accumulated Other Comprehensive Income(255K)(106K)1.3M2.0M826K0.0
Common Stock324.8M249.8M262.3M267.3M271.2M248.6M
Property Plant Equipment25.2M27.3M28.3M26.3M30.2M20.6M
Net Tangible Assets755.6M348.6M269.4M240.4M276.5M236.7M
Other Stockholder Equity(255K)(106K)1.3M2.0M826K0.0
Other Liab1.1M1.1M2.3M1.6M1.9M2.0M
Retained Earnings Total Equity430.9M97.6M5.2M(27.7M)(31.9M)(33.5M)
Non Currrent Assets Other27.3M75M(1.1M)(1.7M)(1.5M)(1.4M)
Net Invested Capital755.6M348.6M269.4M240.4M218.8M304.0M
Net Working Capital656.1M321.9M243.4M215.8M195.6M263.6M
Capital Stock324.8M249.8M262.3M267.3M271.2M220.6M

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Additional Tools for XBiotech Stock Analysis

When running XBiotech's price analysis, check to measure XBiotech'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 XBiotech is operating at the current time. Most of XBiotech's value examination focuses on studying past and present price action to predict the probability of XBiotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBiotech's price. Additionally, you may evaluate how the addition of XBiotech to your portfolios can decrease your overall portfolio volatility.