Xref Other Current Liab vs Non Currrent Assets Other 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 Other Current Liab and its Non Currrent Assets Other 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.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xref Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xref's Other Current Liab and Non Currrent Assets Other is -0.07. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Xref, assuming nothing else is changed. The correlation between historical values of Xref's Other Current Liab and Non Currrent Assets Other 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 Xref are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Xref's Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Development543.0K515.9K
Interest Income37.9K42.9K

Xref fundamental ratios Correlations

0.580.92-0.320.08-0.22-0.690.80.530.740.780.570.650.280.930.470.890.480.81-0.450.78-0.340.080.510.030.39
0.580.68-0.56-0.150.35-0.620.280.840.470.650.920.870.30.680.270.440.880.62-0.440.69-0.18-0.20.85-0.070.91
0.920.68-0.63-0.18-0.06-0.860.680.510.630.880.750.790.310.990.240.820.540.95-0.640.81-0.45-0.220.57-0.180.49
-0.32-0.56-0.630.6-0.490.77-0.02-0.35-0.04-0.55-0.66-0.59-0.16-0.650.23-0.19-0.54-0.630.67-0.450.20.68-0.550.29-0.53
0.08-0.15-0.180.6-0.070.26-0.060.19-0.11-0.13-0.35-0.35-0.32-0.170.83-0.13-0.16-0.290.45-0.10.220.9-0.190.01-0.22
-0.220.35-0.06-0.49-0.07-0.17-0.670.55-0.53-0.10.17-0.01-0.130.020.18-0.560.59-0.22-0.120.070.59-0.130.510.010.57
-0.69-0.62-0.860.770.26-0.17-0.43-0.5-0.42-0.69-0.75-0.73-0.27-0.85-0.16-0.56-0.56-0.830.72-0.650.450.34-0.610.33-0.47
0.80.280.68-0.02-0.06-0.67-0.430.120.940.540.430.570.340.660.120.970.130.7-0.280.47-0.610.010.250.070.03
0.530.840.51-0.350.190.55-0.50.120.310.360.640.550.140.560.640.220.940.3-0.310.60.210.190.890.070.85
0.740.470.63-0.04-0.11-0.53-0.420.940.310.470.60.710.420.610.130.910.340.64-0.280.48-0.57-0.010.470.090.24
0.780.650.88-0.55-0.13-0.1-0.690.540.360.470.680.720.080.840.150.710.380.88-0.40.66-0.52-0.20.38-0.170.46
0.570.920.75-0.66-0.350.17-0.750.430.640.60.680.980.390.720.030.570.740.77-0.560.64-0.47-0.40.79-0.250.74
0.650.870.79-0.59-0.35-0.01-0.730.570.550.710.720.980.430.750.010.690.650.84-0.580.66-0.57-0.390.72-0.240.64
0.280.30.31-0.16-0.32-0.13-0.270.340.140.420.080.390.430.29-0.10.420.230.34-0.340.44-0.16-0.410.29-0.040.16
0.930.680.99-0.65-0.170.02-0.850.660.560.610.840.720.750.290.290.790.60.9-0.620.8-0.35-0.20.63-0.090.52
0.470.270.240.230.830.18-0.160.120.640.130.150.030.01-0.10.290.130.360.030.070.320.270.740.310.120.23
0.890.440.82-0.19-0.13-0.56-0.560.970.220.910.710.570.690.420.790.130.250.83-0.40.62-0.62-0.10.340.010.18
0.480.880.54-0.54-0.160.59-0.560.130.940.340.380.740.650.230.60.360.250.37-0.430.620.18-0.120.960.130.93
0.810.620.95-0.63-0.29-0.22-0.830.70.30.640.880.770.840.340.90.030.830.37-0.650.71-0.66-0.380.43-0.30.36
-0.45-0.44-0.640.670.45-0.120.72-0.28-0.31-0.28-0.4-0.56-0.58-0.34-0.620.07-0.4-0.43-0.65-0.510.30.55-0.40.23-0.34
0.780.690.81-0.45-0.10.07-0.650.470.60.480.660.640.660.440.80.320.620.620.71-0.51-0.09-0.110.56-0.070.61
-0.34-0.18-0.450.20.220.590.45-0.610.21-0.57-0.52-0.47-0.57-0.16-0.350.27-0.620.18-0.660.3-0.090.290.030.420.17
0.08-0.2-0.220.680.9-0.130.340.010.19-0.01-0.2-0.4-0.39-0.41-0.20.74-0.1-0.12-0.380.55-0.110.29-0.150.03-0.18
0.510.850.57-0.55-0.190.51-0.610.250.890.470.380.790.720.290.630.310.340.960.43-0.40.560.03-0.150.10.84
0.03-0.07-0.180.290.010.010.330.070.070.09-0.17-0.25-0.24-0.04-0.090.120.010.13-0.30.23-0.070.420.030.10.12
0.390.910.49-0.53-0.220.57-0.470.030.850.240.460.740.640.160.520.230.180.930.36-0.340.610.17-0.180.840.12
Click cells to compare fundamentals

Xref Account Relationship Matchups

Xref fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9M8.5M15.0M20.2M22.9M20.4M
Other Current Liab2.0M1.9M2.1M3.4M3.6M3.8M
Total Current Liabilities10.5M11.8M14.1M17.4M18.1M301.8K
Total Stockholder Equity(2.4M)(1.0M)1.5M(202.5K)(5.8M)1.1M
Property Plant And Equipment Net754.6K393.4K551.3K1.2M327.7K311.3K
Net Debt(2.4M)(3.4M)(6.7M)(1.5M)3.8M3.9M
Retained Earnings(34.2M)(34.0M)(32.1M)(34.9M)(40.6M)(17.3M)
Cash8.0M2.9M8.1M11.7M6.8M4.6M
Non Current Assets Total2.6M4.4M4.7M11.2M11.5M12.1M
Cash And Short Term Investments2.9M8.1M11.7M6.8M4.6M4.7M
Net Receivables2.3M2.2M2.0M1.9M2.8M3.7M
Common Stock Shares Outstanding172.9M202.9M202.8M186.1M187.0M196.3M
Liabilities And Stockholders Equity8.5M15.0M20.2M22.9M20.4M10.5M
Other Current Assets744.6K492.4K1.9M1.1M555.7K1.1M
Total Liab10.9M16.0M18.7M23.1M26.2M301.8K
Property Plant And Equipment Gross754.6K1.5M2.0M3.9M2.7M1.6M
Total Current Assets11.3M5.8M10.6M15.5M11.7M8.9M
Accumulated Other Comprehensive Income(21.4M)(20.9M)(21.5M)(20.7M)(20.6M)(19.6M)
Intangible Assets491.1K2.9M2.7M7.1M8.1M8.5M
Common Stock48.8M53.2M53.9M55.1M55.5M55.4M
Net Tangible Assets(4.2M)(3.9M)(2.6M)(9.6M)1.1M1.2M
Accounts Payable384.4K471.4K366.4K956.0K744.4K287.4K
Other Stockholder Equity(21.4M)(20.9M)(21.5M)(843.1K)762.7K800.8K
Property Plant Equipment754.6K393.4K551.3K1.2M1.1M755.1K
Non Currrent Assets Other(2.6M)(248.3K)55.1K369.6K10.6K11.1K
Other Assets70.3K54.1K55.1K369.6K425.0K446.3K
Non Current Liabilities Total335.8K4.2M4.6M5.7M8.1M8.5M
Inventory566.1K492.4K715.7K906.9K523.7K451.4K
Short Term Debt336.7K636.4K554.7K849.9K1.2M628.1K
Other Liab197.0K185.7K(330.0K)1.2M1.4M1.5M
Current Deferred Revenue7.8M8.8M11.1M12.2M12.6M8.0M
Long Term Debt Total138.8K4.0M4.4M4.5M5.2M5.4M
Net Invested Capital(2.4M)3.5M6.1M4.6M2.5M3.1M
Cash And Equivalents4.5M8.0M11.7M6.8M7.9M7.7M
Net Working Capital(4.7M)(97.3K)1.4M(5.7M)(9.3M)(8.8M)

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