Xometry Long Term Debt vs Total Current Liabilities Analysis

XMTR Stock

USD 31.00 0.26 0.83%

Xometry financial indicator trend analysis is more than just analyzing Xometry current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xometry is a good investment. Please check the relationship between Xometry Long Term Debt and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xometry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Xometry Stock, please use our How to Invest in Xometry guide.

Long Term Debt vs Total Current Liabilities

Long Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xometry Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Xometry's Long Term Debt and Total Current Liabilities is 0.93. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Xometry, assuming nothing else is changed. The correlation between historical values of Xometry's Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Xometry are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., Xometry's Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Xometry has held for over one year. Long-term debt appears on Xometry balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Xometry balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Current Liabilities

Total Current Liabilities is an item on Xometry balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xometry are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Xometry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xometry 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 Xometry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Xometry Stock, please use our How to Invest in Xometry guide.As of 11/29/2024, Enterprise Value is likely to grow to about 3 B, while Selling General Administrative is likely to drop slightly above 40.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	852K	4.4M	4.8M	2.5M
Depreciation And Amortization	4.7M	15.1M	10.7M	8.0M

Interest Expense Depreciation And Amortization

Xometry fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.87	0.96	0.95	0.95	0.93	1.0	0.98	0.57	-0.93	0.84	0.66	0.98	-0.01	0.46	0.83	0.96	0.96	0.98	0.82	0.92	0.87	0.96	0.69	1.0	0.99
Short Long Term Debt Total	0.87		0.89	0.84	0.73	0.76	0.84	0.79	0.8	-0.95	0.78	0.55	0.79	-0.23	0.3	0.67	0.93	0.9	0.79	0.89	0.93	1.0	0.75	0.64	0.84	0.8
Other Current Liab	0.96	0.89		0.94	0.89	0.84	0.94	0.94	0.53	-0.91	0.73	0.75	0.92	-0.02	0.52	0.88	0.97	0.91	0.92	0.79	0.93	0.88	0.9	0.69	0.96	0.92
Total Current Liabilities	0.95	0.84	0.94		0.91	0.88	0.96	0.94	0.65	-0.95	0.86	0.5	0.94	0.24	0.65	0.93	0.9	0.96	0.94	0.82	0.84	0.83	0.9	0.87	0.94	0.95
Total Stockholder Equity	0.95	0.73	0.89	0.91		0.98	0.97	0.99	0.44	-0.85	0.75	0.6	0.99	0.15	0.59	0.83	0.84	0.86	0.99	0.79	0.76	0.73	1.0	0.65	0.97	0.99
Net Tangible Assets	0.93	0.76	0.84	0.88	0.98		0.95	0.96	0.57	-0.88	0.79	0.48	0.97	0.12	0.54	0.76	0.81	0.85	0.97	0.87	0.74	0.76	0.97	0.64	0.94	0.97
Property Plant And Equipment Net	1.0	0.84	0.94	0.96	0.97	0.95		0.99	0.58	-0.93	0.86	0.6	0.99	0.07	0.51	0.84	0.93	0.96	0.99	0.82	0.88	0.84	0.97	0.72	0.99	1.0
Current Deferred Revenue	0.98	0.79	0.94	0.94	0.99	0.96	0.99		0.48	-0.89	0.76	0.65	0.99	0.1	0.58	0.86	0.9	0.9	0.99	0.81	0.83	0.79	0.99	0.68	0.99	0.99
Net Debt	0.57	0.8	0.53	0.65	0.44	0.57	0.58	0.48		-0.82	0.79	-0.06	0.52	0.02	0.24	0.42	0.58	0.72	0.52	0.82	0.6	0.8	0.43	0.7	0.52	0.53
Retained Earnings	-0.93	-0.95	-0.91	-0.95	-0.85	-0.88	-0.93	-0.89	-0.82		-0.87	-0.45	-0.9	-0.06	-0.52	-0.81	-0.91	-0.95	-0.89	-0.94	-0.87	-0.95	-0.84	-0.81	-0.91	-0.9
Accounts Payable	0.84	0.78	0.73	0.86	0.75	0.79	0.86	0.76	0.79	-0.87		0.21	0.82	0.08	0.28	0.62	0.79	0.94	0.82	0.73	0.79	0.79	0.74	0.77	0.8	0.83
Cash	0.66	0.55	0.75	0.5	0.6	0.48	0.6	0.65	-0.06	-0.45	0.21		0.6	-0.4	0.16	0.53	0.74	0.49	0.6	0.33	0.73	0.55	0.65	0.09	0.69	0.6
Non Current Assets Total	0.98	0.79	0.92	0.94	0.99	0.97	0.99	0.99	0.52	-0.9	0.82	0.6		0.11	0.54	0.84	0.9	0.92	1.0	0.81	0.84	0.79	0.99	0.69	0.99	1.0
Non Currrent Assets Other	-0.01	-0.23	-0.02	0.24	0.15	0.12	0.07	0.1	0.02	-0.06	0.08	-0.4	0.11		0.78	0.44	-0.2	0.02	0.11	0.05	-0.31	-0.25	0.08	0.57	0.0	0.1
Other Assets	0.46	0.3	0.52	0.65	0.59	0.54	0.51	0.58	0.24	-0.52	0.28	0.16	0.54	0.78		0.84	0.32	0.4	0.54	0.52	0.19	0.27	0.54	0.75	0.49	0.53
Long Term Debt	0.83	0.67	0.88	0.93	0.83	0.76	0.84	0.86	0.42	-0.81	0.62	0.53	0.84	0.44	0.84		0.76	0.79	0.84	0.69	0.68	0.65	0.81	0.85	0.83	0.84
Cash And Short Term Investments	0.96	0.93	0.97	0.9	0.84	0.81	0.93	0.9	0.58	-0.91	0.79	0.74	0.9	-0.2	0.32	0.76		0.94	0.9	0.77	0.99	0.93	0.86	0.61	0.95	0.9
Net Receivables	0.96	0.9	0.91	0.96	0.86	0.85	0.96	0.9	0.72	-0.95	0.94	0.49	0.92	0.02	0.4	0.79	0.94		0.92	0.8	0.92	0.89	0.86	0.79	0.93	0.93
Good Will	0.98	0.79	0.92	0.94	0.99	0.97	0.99	0.99	0.52	-0.89	0.82	0.6	1.0	0.11	0.54	0.84	0.9	0.92		0.81	0.83	0.79	0.99	0.69	0.99	1.0
Common Stock Shares Outstanding	0.82	0.89	0.79	0.82	0.79	0.87	0.82	0.81	0.82	-0.94	0.73	0.33	0.81	0.05	0.52	0.69	0.77	0.8	0.81		0.71	0.89	0.79	0.69	0.81	0.81
Short Term Investments	0.92	0.93	0.93	0.84	0.76	0.74	0.88	0.83	0.6	-0.87	0.79	0.73	0.84	-0.31	0.19	0.68	0.99	0.92	0.83	0.71		0.93	0.79	0.56	0.9	0.84
Non Current Liabilities Total	0.87	1.0	0.88	0.83	0.73	0.76	0.84	0.79	0.8	-0.95	0.79	0.55	0.79	-0.25	0.27	0.65	0.93	0.89	0.79	0.89	0.93		0.75	0.62	0.84	0.8
Capital Lease Obligations	0.96	0.75	0.9	0.9	1.0	0.97	0.97	0.99	0.43	-0.84	0.74	0.65	0.99	0.08	0.54	0.81	0.86	0.86	0.99	0.79	0.79	0.75		0.6	0.98	0.99
Inventory	0.69	0.64	0.69	0.87	0.65	0.64	0.72	0.68	0.7	-0.81	0.77	0.09	0.69	0.57	0.75	0.85	0.61	0.79	0.69	0.69	0.56	0.62	0.6		0.66	0.7
Other Current Assets	1.0	0.84	0.96	0.94	0.97	0.94	0.99	0.99	0.52	-0.91	0.8	0.69	0.99	0.0	0.49	0.83	0.95	0.93	0.99	0.81	0.9	0.84	0.98	0.66		0.99
Other Stockholder Equity	0.99	0.8	0.92	0.95	0.99	0.97	1.0	0.99	0.53	-0.9	0.83	0.6	1.0	0.1	0.53	0.84	0.9	0.93	1.0	0.81	0.84	0.8	0.99	0.7	0.99

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Xometry Account Relationship Matchups

Pair Trading with Xometry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xometry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xometry will appreciate offsetting losses from the drop in the long position's value.

Moving together with Xometry Stock

0.92	CR	Crane Company	Pair Corr
0.8	HI	Hillenbrand	Pair Corr
0.66	IR	Ingersoll Rand	Pair Corr

Moving against Xometry Stock

0.72	AOS	Smith AO	Pair Corr
0.48	RR	Richtech Robotics Class	Pair Corr

The ability to find closely correlated positions to Xometry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xometry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xometry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xometry to buy it.

The correlation of Xometry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xometry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xometry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Xometry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Xometry Stock Analysis

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

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