Xunlei Common Stock Shares Outstanding vs Net Receivables Analysis

XNET Stock  USD 1.89  0.02  1.07%   
Xunlei financial indicator trend analysis is more than just analyzing Xunlei Ltd Adr current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xunlei Ltd Adr is a good investment. Please check the relationship between Xunlei Common Stock Shares Outstanding and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xunlei Ltd Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Common Stock Shares Outstanding vs Net Receivables

Common Stock Shares Outstanding vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xunlei Ltd Adr Common Stock Shares Outstanding account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xunlei's Common Stock Shares Outstanding and Net Receivables is -0.14. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Xunlei Ltd Adr, assuming nothing else is changed. The correlation between historical values of Xunlei's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Xunlei Ltd Adr 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 Common Stock Shares Outstanding i.e., Xunlei's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Receivables

Most indicators from Xunlei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xunlei Ltd Adr 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 Xunlei Ltd Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Xunlei's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 4.3 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (1.54).
 2021 2022 2023 2024 (projected)
Gross Profit120.2M141.4M163.1M91.0M
Total Revenue238.8M341.5M363.7M195.9M

Xunlei fundamental ratios Correlations

0.060.730.980.430.7-0.79-0.410.530.820.780.97-0.060.920.840.370.030.330.920.720.710.980.440.920.13-0.14
0.060.37-0.040.720.50.23-0.55-0.1-0.150.47-0.130.410.180.230.62-0.250.440.210.450.39-0.07-0.270.160.860.22
0.730.370.60.660.91-0.31-0.590.690.360.830.560.530.670.640.530.210.330.690.990.820.640.170.670.29-0.07
0.98-0.040.60.320.58-0.84-0.320.450.860.690.99-0.220.90.820.260.00.270.910.580.610.990.450.910.06-0.15
0.430.720.660.320.790.06-0.90.010.030.870.210.370.630.650.64-0.140.160.630.710.740.25-0.220.620.540.21
0.70.50.910.580.79-0.28-0.680.470.350.870.520.390.690.660.710.130.450.710.940.850.590.280.680.380.02
-0.790.23-0.31-0.840.06-0.28-0.14-0.49-0.99-0.29-0.880.25-0.57-0.42-0.260.16-0.42-0.57-0.32-0.35-0.87-0.68-0.580.070.09
-0.41-0.55-0.59-0.32-0.9-0.68-0.140.10.06-0.82-0.22-0.22-0.66-0.73-0.38-0.120.04-0.68-0.59-0.57-0.240.31-0.66-0.44-0.13
0.53-0.10.690.450.010.47-0.490.10.470.280.490.470.230.160.320.090.370.250.670.460.570.470.24-0.1-0.26
0.82-0.150.360.860.030.35-0.990.060.470.360.88-0.220.620.470.32-0.190.460.620.380.390.890.660.630.0-0.04
0.780.470.830.690.870.87-0.29-0.820.280.360.610.230.890.880.52-0.020.190.890.830.840.640.020.880.360.06
0.97-0.130.560.990.210.52-0.88-0.220.490.880.61-0.260.850.770.220.030.270.850.540.550.990.50.860.0-0.19
-0.060.410.53-0.220.370.390.25-0.220.47-0.220.23-0.26-0.13-0.140.470.020.24-0.110.560.38-0.15-0.1-0.140.260.14
0.920.180.670.90.630.69-0.57-0.660.230.620.890.85-0.130.960.30.040.131.00.650.70.850.151.00.21-0.06
0.840.230.640.820.650.66-0.42-0.730.160.470.880.77-0.140.960.250.070.00.970.620.650.76-0.010.960.24-0.13
0.370.620.530.260.640.71-0.26-0.380.320.320.520.220.470.30.25-0.360.650.320.670.670.30.360.290.470.09
0.03-0.250.210.0-0.140.130.16-0.120.09-0.19-0.020.030.020.040.07-0.36-0.10.060.120.010.050.090.05-0.25-0.28
0.330.440.330.270.160.45-0.420.040.370.460.190.270.240.130.00.65-0.10.170.420.270.340.680.130.420.02
0.920.210.690.910.630.71-0.57-0.680.250.620.890.85-0.111.00.970.320.060.170.670.690.850.171.00.22-0.1
0.720.450.990.580.710.94-0.32-0.590.670.380.830.540.560.650.620.670.120.420.670.860.620.230.640.35-0.04
0.710.390.820.610.740.85-0.35-0.570.460.390.840.550.380.70.650.670.010.270.690.860.610.190.690.320.06
0.98-0.070.640.990.250.59-0.87-0.240.570.890.640.99-0.150.850.760.30.050.340.850.620.610.530.850.05-0.19
0.44-0.270.170.45-0.220.28-0.680.310.470.660.020.5-0.10.15-0.010.360.090.680.170.230.190.530.16-0.25-0.19
0.920.160.670.910.620.68-0.58-0.660.240.630.880.86-0.141.00.960.290.050.131.00.640.690.850.160.2-0.05
0.130.860.290.060.540.380.07-0.44-0.10.00.360.00.260.210.240.47-0.250.420.220.350.320.05-0.250.20.42
-0.140.22-0.07-0.150.210.020.09-0.13-0.26-0.040.06-0.190.14-0.06-0.130.09-0.280.02-0.1-0.040.06-0.19-0.19-0.050.42
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Xunlei Account Relationship Matchups

Xunlei fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets424.7M415.6M440.7M463.3M468.7M404.6M
Other Current Liab50.4M44.1M86.1M215.6M53.7M41.4M
Total Current Liabilities111.3M103.3M119.9M128.3M128.1M102.3M
Total Stockholder Equity296.9M292.2M303.6M309.9M324.9M288.0M
Property Plant And Equipment Net47.5M52.7M57.7M62.6M60.6M32.6M
Current Deferred Revenue32.0M34.0M36.9M39.0M36.4M29.2M
Net Debt(142.3M)(115.3M)(103.2M)(146.3M)(147.9M)(155.2M)
Retained Earnings(167.0M)(181.1M)(180.6M)(160.1M)(146.9M)(139.6M)
Accounts Payable24.2M20.6M26.4M25.4M24.4M28.0M
Cash162.5M137.2M123.4M178.7M170.8M173.4M
Non Current Assets Total108.1M113.3M146.8M131.1M141.3M91.1M
Cash And Short Term Investments265.3M255.1M239.0M262.3M271.9M260.3M
Net Receivables29.2M33.9M41.5M43.0M43.6M35.1M
Common Stock Shares Outstanding67.6M67.5M67.2M67.2M65.4M50.5M
Liabilities And Stockholders Equity424.7M415.6M440.7M463.3M468.7M404.6M
Non Current Liabilities Total17.9M22.0M19.1M26.6M17.1M15.4M
Inventory5.5M1.7M1.4M457K2.2M3.2M
Other Current Assets16.5M11.6M12.0M28.0M9.7M15.0M
Other Stockholder Equity472.1M469.9M476.1M477.5M482.5M359.3M
Total Liab129.1M125.2M139.0M154.9M145.2M117.7M
Total Current Assets316.6M302.3M293.9M332.2M327.4M313.5M
Accumulated Other Comprehensive Income(8.3M)3.3M8.2M(7.6M)(10.8M)(10.2M)
Intangible Assets9.4M8.9M8.3M6.5M5.7M9.9M
Non Currrent Assets Other3.3M2.4M6.9M9.8M21.6M22.7M
Short Term Debt4.7M2.0M2.9M566K7.2M6.8M
Other Liab2.4M2.0M1.8M1.6M1.4M1.3M
Other Assets4.4M2.4M26.2M10.0M9.0M8.9M
Short Term Investments102.8M117.8M115.7M83.6M101.1M108.7M
Property Plant Equipment47.5M52.7M57.7M62.6M72.0M75.6M
Net Tangible Assets267.1M260.7M272.2M282.2M254.0M242.4M
Good Will20.4M22.6M23.1M21.2M20.8M17.4M
Long Term Investments26.4M26.7M31.5M30.8M32.1M28.4M

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