Xometry Research Development vs Operating Income Analysis

XMTR Stock

USD 31.05 0.05 0.16%

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 Research Development and its Operating Income 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xometry Research Development account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Xometry's Research Development and Operating Income is -0.94. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Xometry, assuming nothing else is changed. The correlation between historical values of Xometry's Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Xometry are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Xometry's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Research Development

Operating Income

Operating Income is the amount of profit realized from Xometry operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Xometry is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

Click cells to compare fundamentals

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.

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