Xref Cash vs Net Receivables Analysis

XF1 Stock

0.21 0.01 4.55%

Xref financial indicator trend analysis is more than just analyzing Xref current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xref is a good investment. Please check the relationship between Xref Cash and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xref. 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.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xref Cash account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Xref's Cash and Net Receivables is 0.54. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Xref, assuming nothing else is changed. The correlation between historical values of Xref's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Xref are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Xref's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Xref, which is listed under current asset account on Xref balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xref customers. The amounts must be unrestricted with restricted cash listed in a different Xref account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Xref's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xref 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 Xref. 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.

Tax Provision is likely to gain to about 14.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 262.8 K in 2024.

	2023	2024 (projected)
Research Development	543.0K	515.9K
Interest Income	37.9K	42.9K

Research Development Interest Income

Xref fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Accounts Payable	Other Stockholder Equity	Property Plant Equipment	Short Long Term Debt Total	Non Currrent Assets Other	Other Assets
Total Assets		0.58	0.92	-0.32	0.08	-0.22	-0.69	0.8	0.53	0.74	0.78	0.57	0.65	0.28	0.93	0.47	0.89	0.48	0.81	-0.45	0.78	-0.34	0.08	0.51	0.03	0.39
Other Current Liab	0.58		0.68	-0.56	-0.15	0.35	-0.62	0.28	0.84	0.47	0.65	0.92	0.87	0.3	0.68	0.27	0.44	0.88	0.62	-0.44	0.69	-0.18	-0.2	0.85	-0.07	0.91
Total Current Liabilities	0.92	0.68		-0.63	-0.18	-0.06	-0.86	0.68	0.51	0.63	0.88	0.75	0.79	0.31	0.99	0.24	0.82	0.54	0.95	-0.64	0.81	-0.45	-0.22	0.57	-0.18	0.49
Total Stockholder Equity	-0.32	-0.56	-0.63		0.6	-0.49	0.77	-0.02	-0.35	-0.04	-0.55	-0.66	-0.59	-0.16	-0.65	0.23	-0.19	-0.54	-0.63	0.67	-0.45	0.2	0.68	-0.55	0.29	-0.53
Property Plant And Equipment Net	0.08	-0.15	-0.18	0.6		-0.07	0.26	-0.06	0.19	-0.11	-0.13	-0.35	-0.35	-0.32	-0.17	0.83	-0.13	-0.16	-0.29	0.45	-0.1	0.22	0.9	-0.19	0.01	-0.22
Net Debt	-0.22	0.35	-0.06	-0.49	-0.07		-0.17	-0.67	0.55	-0.53	-0.1	0.17	-0.01	-0.13	0.02	0.18	-0.56	0.59	-0.22	-0.12	0.07	0.59	-0.13	0.51	0.01	0.57
Retained Earnings	-0.69	-0.62	-0.86	0.77	0.26	-0.17		-0.43	-0.5	-0.42	-0.69	-0.75	-0.73	-0.27	-0.85	-0.16	-0.56	-0.56	-0.83	0.72	-0.65	0.45	0.34	-0.61	0.33	-0.47
Cash	0.8	0.28	0.68	-0.02	-0.06	-0.67	-0.43		0.12	0.94	0.54	0.43	0.57	0.34	0.66	0.12	0.97	0.13	0.7	-0.28	0.47	-0.61	0.01	0.25	0.07	0.03
Non Current Assets Total	0.53	0.84	0.51	-0.35	0.19	0.55	-0.5	0.12		0.31	0.36	0.64	0.55	0.14	0.56	0.64	0.22	0.94	0.3	-0.31	0.6	0.21	0.19	0.89	0.07	0.85
Cash And Short Term Investments	0.74	0.47	0.63	-0.04	-0.11	-0.53	-0.42	0.94	0.31		0.47	0.6	0.71	0.42	0.61	0.13	0.91	0.34	0.64	-0.28	0.48	-0.57	-0.01	0.47	0.09	0.24
Net Receivables	0.78	0.65	0.88	-0.55	-0.13	-0.1	-0.69	0.54	0.36	0.47		0.68	0.72	0.08	0.84	0.15	0.71	0.38	0.88	-0.4	0.66	-0.52	-0.2	0.38	-0.17	0.46
Common Stock Total Equity	0.57	0.92	0.75	-0.66	-0.35	0.17	-0.75	0.43	0.64	0.6	0.68		0.98	0.39	0.72	0.03	0.57	0.74	0.77	-0.56	0.64	-0.47	-0.4	0.79	-0.25	0.74
Common Stock Shares Outstanding	0.65	0.87	0.79	-0.59	-0.35	-0.01	-0.73	0.57	0.55	0.71	0.72	0.98		0.43	0.75	0.01	0.69	0.65	0.84	-0.58	0.66	-0.57	-0.39	0.72	-0.24	0.64
Other Current Assets	0.28	0.3	0.31	-0.16	-0.32	-0.13	-0.27	0.34	0.14	0.42	0.08	0.39	0.43		0.29	-0.1	0.42	0.23	0.34	-0.34	0.44	-0.16	-0.41	0.29	-0.04	0.16
Total Liab	0.93	0.68	0.99	-0.65	-0.17	0.02	-0.85	0.66	0.56	0.61	0.84	0.72	0.75	0.29		0.29	0.79	0.6	0.9	-0.62	0.8	-0.35	-0.2	0.63	-0.09	0.52
Property Plant And Equipment Gross	0.47	0.27	0.24	0.23	0.83	0.18	-0.16	0.12	0.64	0.13	0.15	0.03	0.01	-0.1	0.29		0.13	0.36	0.03	0.07	0.32	0.27	0.74	0.31	0.12	0.23
Total Current Assets	0.89	0.44	0.82	-0.19	-0.13	-0.56	-0.56	0.97	0.22	0.91	0.71	0.57	0.69	0.42	0.79	0.13		0.25	0.83	-0.4	0.62	-0.62	-0.1	0.34	0.01	0.18
Intangible Assets	0.48	0.88	0.54	-0.54	-0.16	0.59	-0.56	0.13	0.94	0.34	0.38	0.74	0.65	0.23	0.6	0.36	0.25		0.37	-0.43	0.62	0.18	-0.12	0.96	0.13	0.93
Common Stock	0.81	0.62	0.95	-0.63	-0.29	-0.22	-0.83	0.7	0.3	0.64	0.88	0.77	0.84	0.34	0.9	0.03	0.83	0.37		-0.65	0.71	-0.66	-0.38	0.43	-0.3	0.36
Net Tangible Assets	-0.45	-0.44	-0.64	0.67	0.45	-0.12	0.72	-0.28	-0.31	-0.28	-0.4	-0.56	-0.58	-0.34	-0.62	0.07	-0.4	-0.43	-0.65		-0.51	0.3	0.55	-0.4	0.23	-0.34
Accounts Payable	0.78	0.69	0.81	-0.45	-0.1	0.07	-0.65	0.47	0.6	0.48	0.66	0.64	0.66	0.44	0.8	0.32	0.62	0.62	0.71	-0.51		-0.09	-0.11	0.56	-0.07	0.61
Other Stockholder Equity	-0.34	-0.18	-0.45	0.2	0.22	0.59	0.45	-0.61	0.21	-0.57	-0.52	-0.47	-0.57	-0.16	-0.35	0.27	-0.62	0.18	-0.66	0.3	-0.09		0.29	0.03	0.42	0.17
Property Plant Equipment	0.08	-0.2	-0.22	0.68	0.9	-0.13	0.34	0.01	0.19	-0.01	-0.2	-0.4	-0.39	-0.41	-0.2	0.74	-0.1	-0.12	-0.38	0.55	-0.11	0.29		-0.15	0.03	-0.18
Short Long Term Debt Total	0.51	0.85	0.57	-0.55	-0.19	0.51	-0.61	0.25	0.89	0.47	0.38	0.79	0.72	0.29	0.63	0.31	0.34	0.96	0.43	-0.4	0.56	0.03	-0.15		0.1	0.84
Non Currrent Assets Other	0.03	-0.07	-0.18	0.29	0.01	0.01	0.33	0.07	0.07	0.09	-0.17	-0.25	-0.24	-0.04	-0.09	0.12	0.01	0.13	-0.3	0.23	-0.07	0.42	0.03	0.1		0.12
Other Assets	0.39	0.91	0.49	-0.53	-0.22	0.57	-0.47	0.03	0.85	0.24	0.46	0.74	0.64	0.16	0.52	0.23	0.18	0.93	0.36	-0.34	0.61	0.17	-0.18	0.84	0.12

Click cells to compare fundamentals

Xref Account Relationship Matchups

Xref fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.9M	8.5M	15.0M	20.2M	22.9M	20.4M
Other Current Liab	2.0M	1.9M	2.1M	3.4M	3.6M	3.8M
Total Current Liabilities	10.5M	11.8M	14.1M	17.4M	18.1M	301.8K
Total Stockholder Equity	(2.4M)	(1.0M)	1.5M	(202.5K)	(5.8M)	1.1M
Property Plant And Equipment Net	754.6K	393.4K	551.3K	1.2M	327.7K	311.3K
Net Debt	(2.4M)	(3.4M)	(6.7M)	(1.5M)	3.8M	3.9M
Retained Earnings	(34.2M)	(34.0M)	(32.1M)	(34.9M)	(40.6M)	(17.3M)
Cash	8.0M	2.9M	8.1M	11.7M	6.8M	4.6M
Non Current Assets Total	2.6M	4.4M	4.7M	11.2M	11.5M	12.1M
Cash And Short Term Investments	2.9M	8.1M	11.7M	6.8M	4.6M	4.7M
Net Receivables	2.3M	2.2M	2.0M	1.9M	2.8M	3.7M
Common Stock Shares Outstanding	172.9M	202.9M	202.8M	186.1M	187.0M	196.3M
Liabilities And Stockholders Equity	8.5M	15.0M	20.2M	22.9M	20.4M	10.5M
Other Current Assets	744.6K	492.4K	1.9M	1.1M	555.7K	1.1M
Total Liab	10.9M	16.0M	18.7M	23.1M	26.2M	301.8K
Property Plant And Equipment Gross	754.6K	1.5M	2.0M	3.9M	2.7M	1.6M
Total Current Assets	11.3M	5.8M	10.6M	15.5M	11.7M	8.9M
Accumulated Other Comprehensive Income	(21.4M)	(20.9M)	(21.5M)	(20.7M)	(20.6M)	(19.6M)
Intangible Assets	491.1K	2.9M	2.7M	7.1M	8.1M	8.5M
Common Stock	48.8M	53.2M	53.9M	55.1M	55.5M	55.4M
Net Tangible Assets	(4.2M)	(3.9M)	(2.6M)	(9.6M)	1.1M	1.2M
Accounts Payable	384.4K	471.4K	366.4K	956.0K	744.4K	287.4K
Other Stockholder Equity	(21.4M)	(20.9M)	(21.5M)	(843.1K)	762.7K	800.8K
Property Plant Equipment	754.6K	393.4K	551.3K	1.2M	1.1M	755.1K
Non Currrent Assets Other	(2.6M)	(248.3K)	55.1K	369.6K	10.6K	11.1K
Other Assets	70.3K	54.1K	55.1K	369.6K	425.0K	446.3K
Non Current Liabilities Total	335.8K	4.2M	4.6M	5.7M	8.1M	8.5M
Inventory	566.1K	492.4K	715.7K	906.9K	523.7K	451.4K
Short Term Debt	336.7K	636.4K	554.7K	849.9K	1.2M	628.1K
Other Liab	197.0K	185.7K	(330.0K)	1.2M	1.4M	1.5M
Current Deferred Revenue	7.8M	8.8M	11.1M	12.2M	12.6M	8.0M
Long Term Debt Total	138.8K	4.0M	4.4M	4.5M	5.2M	5.4M
Net Invested Capital	(2.4M)	3.5M	6.1M	4.6M	2.5M	3.1M
Cash And Equivalents	4.5M	8.0M	11.7M	6.8M	7.9M	7.7M
Net Working Capital	(4.7M)	(97.3K)	1.4M	(5.7M)	(9.3M)	(8.8M)

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 Xref Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC