XCHG Other Current Assets vs Accounts Payable Analysis
| XCH Stock | 12.21 1.09 8.20% |
XCHG Limited financial indicator trend analysis is more than just analyzing XCHG Limited American current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XCHG Limited American is a good investment. Please check the relationship between XCHG Limited Other Current Assets and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XCHG Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XCHG Limited American Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between XCHG Limited's Other Current Assets and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of XCHG Limited American, assuming nothing else is changed. The correlation between historical values of XCHG Limited's Other Current Assets and Accounts Payable 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 Current Assets of XCHG Limited American are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., XCHG Limited's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Accounts Payable
An accounting item on the balance sheet that represents XCHG Limited obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of XCHG Limited American are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from XCHG Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XCHG Limited American 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 XCHG Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is expected to grow at the current pace this year, while Selling General Administrative is projected to decrease to under 11.4 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 339.1K | 67.0K | 194.5K | 160.1K | Interest Income | 213.4K | 200.9K | 100.8K | 137.4K |
XCHG Limited fundamental ratios Correlations
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XCHG Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether XCHG Limited American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XCHG Limited's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xchg Limited American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xchg Limited American Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XCHG Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of XCHG Limited. If investors know XCHG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about XCHG Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 2.252 | Quarterly Revenue Growth 0.51 | Return On Equity (0.48) |
The market value of XCHG Limited American is measured differently than its book value, which is the value of XCHG that is recorded on the company's balance sheet. Investors also form their own opinion of XCHG Limited's value that differs from its market value or its book value, called intrinsic value, which is XCHG Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because XCHG Limited's market value can be influenced by many factors that don't directly affect XCHG Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between XCHG Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if XCHG Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XCHG Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.