Xeris Other Liab vs Accounts Payable Analysis

XERS Stock  USD 3.09  0.05  1.64%   
Xeris Pharmaceuticals financial indicator trend analysis is more than just analyzing Xeris Pharmaceuticals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xeris Pharmaceuticals is a good investment. Please check the relationship between Xeris Pharmaceuticals Other Liab and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xeris Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Xeris Stock please use our How to Invest in Xeris Pharmaceuticals guide.

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xeris Pharmaceuticals Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xeris Pharmaceuticals' Other Liab and Accounts Payable is 0.91. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Xeris Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Xeris Pharmaceuticals' Other Liab 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 Liab of Xeris Pharmaceuticals 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 Liab i.e., Xeris Pharmaceuticals' Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents Xeris Pharmaceuticals 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 Xeris Pharmaceuticals 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 Xeris Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xeris Pharmaceuticals 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 Xeris Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Xeris Stock please use our How to Invest in Xeris Pharmaceuticals guide.Enterprise Value is likely to gain to about 509.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 79.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.9M12.7M13.2M13.8M
Interest Income313K2.6M4.8M5.0M

Xeris Pharmaceuticals fundamental ratios Correlations

0.920.90.660.94-0.420.940.840.83-0.950.770.890.910.270.740.780.840.90.880.940.890.910.980.960.80.76
0.921.00.440.98-0.570.990.90.96-0.980.940.780.980.390.880.660.960.950.970.90.910.840.910.920.930.67
0.91.00.440.97-0.550.990.890.97-0.980.950.750.980.40.90.650.970.940.980.880.910.830.90.90.950.68
0.660.440.440.50.360.470.530.43-0.560.280.550.4-0.120.240.90.350.570.410.360.690.650.70.410.330.63
0.940.980.970.5-0.530.990.870.91-0.970.910.840.970.420.790.690.90.920.920.910.880.810.910.930.850.66
-0.42-0.57-0.550.36-0.53-0.59-0.3-0.430.45-0.51-0.54-0.65-0.56-0.650.13-0.6-0.35-0.61-0.68-0.19-0.38-0.31-0.63-0.58-0.04
0.940.990.990.470.99-0.590.870.93-0.980.910.830.990.430.870.660.950.920.970.920.890.860.910.930.920.66
0.840.90.890.530.87-0.30.870.92-0.940.860.590.810.080.730.750.830.950.840.760.950.830.910.80.830.75
0.830.960.970.430.91-0.430.930.92-0.960.960.590.910.30.890.640.960.950.940.780.930.780.870.820.950.69
-0.95-0.98-0.98-0.56-0.970.45-0.98-0.94-0.96-0.9-0.78-0.95-0.26-0.84-0.76-0.93-0.98-0.95-0.9-0.96-0.88-0.96-0.92-0.91-0.75
0.770.940.950.280.91-0.510.910.860.96-0.90.570.90.480.820.50.90.870.880.780.840.660.780.80.880.63
0.890.780.750.550.84-0.540.830.590.59-0.780.570.840.360.60.650.680.70.760.880.650.790.790.860.620.52
0.910.980.980.40.97-0.650.990.810.91-0.950.90.840.520.890.580.950.880.970.920.830.830.870.930.920.6
0.270.390.4-0.120.42-0.560.430.080.3-0.260.480.360.520.42-0.190.410.090.410.370.080.170.150.360.380.04
0.740.880.90.240.79-0.650.870.730.89-0.840.820.60.890.420.430.980.80.960.760.750.770.730.780.990.53
0.780.660.650.90.690.130.660.750.64-0.760.50.650.58-0.190.430.560.810.60.550.870.750.830.590.530.77
0.840.960.970.350.9-0.60.950.830.96-0.930.90.680.950.410.980.560.890.990.830.850.810.830.850.990.63
0.90.950.940.570.92-0.350.920.950.95-0.980.870.70.880.090.80.810.890.90.820.980.830.940.850.880.74
0.880.970.980.410.92-0.610.970.840.94-0.950.880.760.970.410.960.60.990.90.870.860.870.870.890.980.63
0.940.90.880.360.91-0.680.920.760.78-0.90.780.880.920.370.760.550.830.820.870.750.830.881.00.790.64
0.890.910.910.690.88-0.190.890.950.93-0.960.840.650.830.080.750.870.850.980.860.750.850.950.80.840.82
0.910.840.830.650.81-0.380.860.830.78-0.880.660.790.830.170.770.750.810.830.870.830.850.930.850.810.72
0.980.910.90.70.91-0.310.910.910.87-0.960.780.790.870.150.730.830.830.940.870.880.950.930.920.810.81
0.960.920.90.410.93-0.630.930.80.82-0.920.80.860.930.360.780.590.850.850.891.00.80.850.920.820.68
0.80.930.950.330.85-0.580.920.830.95-0.910.880.620.920.380.990.530.990.880.980.790.840.810.810.820.61
0.760.670.680.630.66-0.040.660.750.69-0.750.630.520.60.040.530.770.630.740.630.640.820.720.810.680.61
Click cells to compare fundamentals

Xeris Pharmaceuticals Account Relationship Matchups

Xeris Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.0M109.0M159.2M344.5M322.6M203.3M
Other Current Liab21.7M25.1M70.1M65.9M80.1M84.1M
Total Current Liabilities10.2M27.3M28.2M73.6M95.2M100.0M
Total Stockholder Equity75.4M14.4M33.8M45.2M(6.8M)(6.4M)
Other Liab8.9M10.2M42.0M29.2M33.6M35.3M
Net Tangible Assets14.4M33.8M(59.1M)(98.3M)(88.5M)(84.0M)
Property Plant And Equipment Net2.0M7.9M6.7M28.4M29.2M30.6M
Net Debt(13.8M)38.8M49.4M76.1M161.7M169.8M
Retained Earnings(120.7M)(246.2M)(337.4M)(554.8M)(617.0M)(586.2M)
Accounts Payable5.6M3.1M8.9M4.6M11.6M12.1M
Cash45.7M19.5M37.6M122.0M67.4M67.2M
Non Current Assets Total2.1M21.5M6.9M157.7M166.3M174.7M
Non Currrent Assets Other420K(13.0M)4.7M267K4.5M4.8M
Other Assets420K232K829K4.7M5.4M5.7M
Cash And Short Term Investments112.6M75.5M133.8M122.0M72.5M98.0M
Net Receivables5.6M6.9M17.5M30.8M39.2M41.2M
Liabilities And Stockholders Equity120.0M109.0M159.2M344.5M322.6M203.3M
Non Current Liabilities Total34.5M67.2M97.2M225.7M234.2M143.7M
Capital Surpluse2.8M196.1M260.6M371.1M426.8M448.1M
Other Current Assets4.1M3.2M4.6M9.3M5.8M4.3M
Other Stockholder Equity260.6M371.1M555.4M600.0M610.3M357.4M
Total Liab44.6M94.6M125.4M299.3M329.4M187.1M
Property Plant And Equipment Gross7.9M6.7M10.8M28.4M35.2M37.0M
Total Current Assets117.9M87.5M152.2M186.8M156.3M132.6M
Accumulated Other Comprehensive Income(52K)43K6K(23K)(25K)(26.3K)
Short Term Debt2.6M8.2M1.6M3.2M3.5M3.6M
Common Stock2K3K6K14K16.1K16.9K
Property Plant Equipment7.9M6.7M6.6M9.5M10.9M11.5M
Net Invested Capital72.7M120.8M183.3M232.3M184.2M132.4M
Net Working Capital60.1M124.0M63.6M113.2M61.1M89.4M
Long Term Debt58.3M87.0M88.1M187.1M190.9M117.9M
Short Term Investments56.0M96.2M35.2M0.05.0M4.8M
Capital Stock3K6K13K14K16.1K9.5K
Non Current Liabilities Other8.9M3.5M30.2M25.7M6.2M5.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Xeris Stock Analysis

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