Xchanging Other Current Liab vs Other Current Assets Analysis

XCHANGING   107.60  0.66  0.61%   
Xchanging Solutions financial indicator trend analysis is more than just analyzing Xchanging Solutions current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xchanging Solutions is a good investment. Please check the relationship between Xchanging Solutions Other Current Liab and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xchanging Solutions Limited. 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 Current Liab vs Other Current Assets

Other Current Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xchanging Solutions Other Current Liab account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xchanging Solutions' Other Current Liab and Other Current Assets is -0.03. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Xchanging Solutions Limited, assuming nothing else is changed. The correlation between historical values of Xchanging Solutions' Other Current Liab and Other Current Assets 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 Liab of Xchanging Solutions Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Current Liab i.e., Xchanging Solutions' Other Current Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

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 indicators from Xchanging Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xchanging Solutions 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 Xchanging Solutions Limited. 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.
The Xchanging Solutions' current Tax Provision is estimated to increase to about 551 M, while Selling General Administrative is projected to decrease to under 570 K.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.1B520.6M494.6M
Total Revenue1.7B1.7B1.6B1.5B

Xchanging Solutions fundamental ratios Correlations

-0.13-0.320.130.96-0.49-0.940.95-0.820.930.340.080.970.430.1-0.12-0.47-0.590.010.99-0.420.42-0.650.12-0.42-0.68
-0.13-0.28-0.26-0.35-0.140.22-0.33-0.4-0.070.1-0.12-0.08-0.370.01.0-0.29-0.180.86-0.060.52-0.390.270.130.52-0.11
-0.32-0.280.73-0.34-0.230.47-0.350.51-0.520.090.0-0.45-0.060.34-0.3-0.030.150.0-0.390.01-0.050.25-0.510.010.12
0.13-0.260.730.03-0.740.110.010.15-0.150.320.02-0.080.090.31-0.27-0.2-0.080.170.04-0.130.10.04-0.37-0.13-0.08
0.96-0.35-0.340.03-0.3-0.970.99-0.690.910.260.110.940.490.04-0.34-0.34-0.49-0.240.95-0.520.49-0.70.13-0.52-0.61
-0.49-0.14-0.23-0.74-0.30.26-0.310.41-0.29-0.36-0.04-0.340.02-0.22-0.130.560.41-0.47-0.45-0.040.020.050.05-0.040.34
-0.940.220.470.11-0.970.26-0.960.75-0.98-0.180.05-0.96-0.430.160.210.340.470.18-0.950.44-0.430.67-0.160.430.57
0.95-0.33-0.350.010.99-0.31-0.96-0.70.920.190.090.950.350.05-0.32-0.37-0.53-0.240.95-0.390.35-0.580.15-0.38-0.6
-0.82-0.40.510.15-0.690.410.75-0.7-0.81-0.330.01-0.83-0.16-0.01-0.420.440.56-0.4-0.850.08-0.150.42-0.130.070.56
0.93-0.07-0.52-0.150.91-0.29-0.980.92-0.810.08-0.080.970.32-0.16-0.05-0.41-0.57-0.10.95-0.30.33-0.580.19-0.31-0.58
0.340.10.090.320.26-0.36-0.180.19-0.330.080.080.140.510.120.1-0.030.220.50.28-0.510.48-0.52-0.2-0.45-0.25
0.08-0.120.00.020.11-0.040.050.090.01-0.080.080.080.170.66-0.13-0.06-0.21-0.090.07-0.180.17-0.190.19-0.17-0.29
0.97-0.08-0.45-0.080.94-0.34-0.960.95-0.830.970.140.080.330.07-0.06-0.49-0.67-0.070.98-0.320.33-0.590.23-0.32-0.7
0.43-0.37-0.060.090.490.02-0.430.35-0.160.320.510.170.33-0.03-0.340.130.12-0.180.36-0.981.0-0.93-0.07-0.99-0.32
0.10.00.340.310.04-0.220.160.05-0.01-0.160.120.660.07-0.03-0.01-0.35-0.50.120.080.03-0.030.040.190.03-0.46
-0.121.0-0.3-0.27-0.34-0.130.21-0.32-0.42-0.050.1-0.13-0.06-0.34-0.01-0.27-0.160.85-0.050.49-0.360.240.120.5-0.1
-0.47-0.29-0.03-0.2-0.340.560.34-0.370.44-0.41-0.03-0.06-0.490.13-0.35-0.270.71-0.36-0.51-0.170.140.09-0.21-0.170.69
-0.59-0.180.15-0.08-0.490.410.47-0.530.56-0.570.22-0.21-0.670.12-0.5-0.160.71-0.09-0.62-0.170.110.08-0.37-0.140.77
0.010.860.00.17-0.24-0.470.18-0.24-0.4-0.10.5-0.09-0.07-0.180.120.85-0.36-0.090.030.29-0.20.11-0.040.32-0.2
0.99-0.06-0.390.040.95-0.45-0.950.95-0.850.950.280.070.980.360.08-0.05-0.51-0.620.03-0.350.36-0.610.17-0.34-0.7
-0.420.520.01-0.13-0.52-0.040.44-0.390.08-0.3-0.51-0.18-0.32-0.980.030.49-0.17-0.170.29-0.35-0.980.910.091.00.28
0.42-0.39-0.050.10.490.02-0.430.35-0.150.330.480.170.331.0-0.03-0.360.140.11-0.20.36-0.98-0.92-0.07-0.99-0.32
-0.650.270.250.04-0.70.050.67-0.580.42-0.58-0.52-0.19-0.59-0.930.040.240.090.080.11-0.610.91-0.92-0.10.90.52
0.120.13-0.51-0.370.130.05-0.160.15-0.130.19-0.20.190.23-0.070.190.12-0.21-0.37-0.040.170.09-0.07-0.10.09-0.32
-0.420.520.01-0.13-0.52-0.040.43-0.380.07-0.31-0.45-0.17-0.32-0.990.030.5-0.17-0.140.32-0.341.0-0.990.90.090.27
-0.68-0.110.12-0.08-0.610.340.57-0.60.56-0.58-0.25-0.29-0.7-0.32-0.46-0.10.690.77-0.2-0.70.28-0.320.52-0.320.27
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Xchanging Solutions Account Relationship Matchups

Xchanging Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B6.2B6.7B7.4B5.2B5.2B
Short Long Term Debt Total23.1M26.5M17.2M13.4M1.1B1.1B
Other Current Liab20.6M44.1M62M22.9M36.2M34.4M
Total Current Liabilities723.2M635.7M543.7M546.1M553.7M526.0M
Total Stockholder Equity5.0B5.6B6.1B6.8B3.5B3.8B
Property Plant And Equipment Net26.9M17.4M21.3M15.4M10.6M10.1M
Net Debt(3.2B)(3.9B)(4.4B)(5.1B)(2.0B)(1.9B)
Retained Earnings2.9B3.5B4.0B4.5B1.2B1.7B
Accounts Payable319.9M229.4M161.4M154.6M180.4M171.4M
Cash3.3B3.9B4.4B5.1B3.1B1.9B
Non Current Assets Total1.8B2.0B1.9B2.0B1.9B2.8B
Non Currrent Assets Other173M394.8M211.4M198.3M265.4M252.1M
Cash And Short Term Investments3.3B3.9B4.4B5.3B3.1B2.2B
Short Term Investments11.7M10.5M4.1M196.6M145.9M138.6M
Liabilities And Stockholders Equity5.7B6.2B6.7B7.4B5.2B5.2B
Non Current Liabilities Total45.1M56.9M53.7M123.3M1.1B1.1B
Other Current Assets43.2M14M18M18.7M36.3M34.5M
Total Liab768.3M692.6M597.4M669.4M1.7B2.5B
Total Current Assets3.9B4.2B4.8B5.4B3.4B3.4B
Accumulated Other Comprehensive Income149M120.3M174.2M354.9M335M351.8M
Net Receivables576.8M273.6M404.8M268.5M254.6M241.9M
Other Liab30.3M33.3M38.9M40.3M36.3M35.5M
Net Tangible Assets2.7B3.4B4.0B4.6B5.2B2.8B
Current Deferred Revenue371.4M387.8M12M5.3M6.6M6.3M
Other Assets404M228.6M438.2M301.9M347.2M344.1M
Short Term Debt11.3M8.5M(8.2M)(1.3M)(317.4M)(301.5M)
Property Plant Equipment3.1M26.9M17.4M21.3M19.2M25.7M
Long Term Debt Total0.011.8M18M13.4M15.4M9.0M
Cash And Equivalents1.4B1.6B1.8B2.0B2.3B1.3B
Net Invested Capital5.0B5.6B6.1B6.8B4.6B5.7B
Net Working Capital3.2B3.6B4.3B4.9B2.8B3.6B

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Other Information on Investing in Xchanging Stock

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