| XIM Stock | | | CAD 0.1 0.01 11.76% |
Ximen Mining financial indicator trend analysis is more than just analyzing Ximen Mining Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ximen Mining Corp is a good investment. Please check the relationship between Ximen Mining Cash and its Net Receivables accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining Corp. 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
Ximen Mining Corp Cash account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ximen Mining's Cash and Net Receivables is 0.53. 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 Ximen Mining Corp, assuming nothing else is changed. The correlation between historical values of Ximen Mining'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 Ximen Mining Corp 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., Ximen Mining's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Ximen Mining Corp, which is listed under current asset account on Ximen Mining Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ximen Mining customers. The amounts must be unrestricted with restricted cash listed in a different Ximen Mining 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 Ximen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ximen Mining Corp 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 Ximen Mining Corp. 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.
At this time, Ximen Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 911.5
K in 2024.
Ximen Mining fundamental ratios Correlations
Click cells to compare fundamentals
Ximen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ximen Mining fundamental ratios Accounts
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