XOMA Accounts Payable vs Cash Analysis
XOMA Stock | USD 30.20 0.13 0.43% |
XOMA Corp financial indicator trend analysis is more than just analyzing XOMA Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XOMA Corp is a good investment. Please check the relationship between XOMA Corp Accounts Payable and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XOMA 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 population. For information on how to trade XOMA Stock refer to our How to Trade XOMA Stock guide.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XOMA Corp Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between XOMA Corp's Accounts Payable and Cash is -0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of XOMA Corp, assuming nothing else is changed. The correlation between historical values of XOMA Corp's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of XOMA Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., XOMA Corp's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents XOMA Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of XOMA Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of XOMA Corp, which is listed under current asset account on XOMA Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from XOMA Corp customers. The amounts must be unrestricted with restricted cash listed in a different XOMA Corp 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.Most indicators from XOMA Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XOMA 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 XOMA 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 population. For information on how to trade XOMA Stock refer to our How to Trade XOMA Stock guide.At present, XOMA Corp's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 5.65, whereas Selling General Administrative is forecasted to decline to about 19.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 20.6M | 23.4M | 46.5M | 55.5M | Cost Of Revenue | 171K | 97K | 897K | 852.2K |
XOMA Corp fundamental ratios Correlations
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XOMA Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
XOMA Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 95.7M | 125.3M | 166.6M | 140.4M | 234.3M | 246.0M | |
Short Long Term Debt Total | 32.8M | 21.3M | 229K | 34K | 124.5M | 130.7M | |
Other Current Liab | 1.0M | 2.1M | 9.8M | 4.3M | 11.1M | 6.9M | |
Total Current Liabilities | 8.9M | 12.3M | 13.0M | 6.8M | 19.5M | 17.1M | |
Total Stockholder Equity | 44.0M | 86.4M | 141.9M | 124.0M | 88.7M | 93.2M | |
Property Plant And Equipment Net | 544K | 380K | 213K | 36K | 403K | 382.9K | |
Net Debt | (23.8M) | (63.0M) | (93.1M) | (57.8M) | (28.8M) | (27.4M) | |
Retained Earnings | (1.2B) | (1.2B) | (1.2B) | (1.2B) | (1.2B) | (1.2B) | |
Cash | 56.7M | 84.2M | 93.3M | 57.8M | 153.3M | 161.0M | |
Non Current Assets Total | 35.8M | 37.2M | 69.6M | 79.1M | 65.0M | 68.2M | |
Non Currrent Assets Other | 34.5M | 35.1M | 301K | 63.9M | 64.6M | 67.8M | |
Cash And Short Term Investments | 56.7M | 84.2M | 94.1M | 58.2M | 153.5M | 161.1M | |
Net Receivables | 2.9M | 1.8M | 209K | 2.4M | 15.2M | 16.0M | |
Common Stock Shares Outstanding | 8.8M | 11.5M | 12.2M | 11.4M | 11.5M | 12.0M | |
Liabilities And Stockholders Equity | 95.7M | 125.3M | 166.6M | 140.4M | 234.3M | 246.0M | |
Non Current Liabilities Total | 42.9M | 26.6M | 11.7M | 9.6M | 126.1M | 132.4M | |
Other Current Assets | 352K | 2.1M | 2.7M | 725K | 643K | 610.9K | |
Other Stockholder Equity | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 753.7M | |
Total Liab | 51.7M | 38.9M | 24.7M | 16.4M | 145.6M | 152.9M | |
Property Plant And Equipment Gross | 544K | 380K | 213K | 36K | 403K | 382.9K | |
Total Current Assets | 60.0M | 88.1M | 97.0M | 61.3M | 169.3M | 177.8M | |
Short Term Debt | 5.3M | 8.3M | 390K | 68K | 5.7M | 4.7M | |
Accounts Payable | 614K | 456K | 1.1M | 524K | 653K | 620.4K | |
Common Stock | 73K | 84K | 85K | 86K | 98.9K | 103.8K | |
Other Liab | 15.4M | 13.6M | 11.7M | 9.6M | 11.0M | 15.1M | |
Other Assets | 34.5M | 37.2M | 69.4M | 63.9M | 73.5M | 77.2M | |
Long Term Debt | 21.7M | 27.1M | 12.8M | 118.5M | 106.7M | 112.0M | |
Common Stock Total Equity | 73K | 84K | 85K | 86K | 98.9K | 94.0K | |
Property Plant Equipment | 34K | 21K | 13K | 7K | 6.3K | 6.0K | |
Current Deferred Revenue | 1.9M | 1.5M | 1.6M | 1.9M | 2.1M | 3.0M | |
Net Tangible Assets | 44.0M | 86.4M | 141.8M | 108.8M | 125.1M | 131.4M | |
Retained Earnings Total Equity | (1.2B) | (1.2B) | (1.2B) | (1.2B) | (1.1B) | (1.1B) | |
Capital Surpluse | 1.2B | 1.3B | 1.3B | 1.3B | 1.5B | 1.3B | |
Short Long Term Debt | 789K | 5.2M | 8.1M | 5.5M | 5.0M | 7.7M | |
Long Term Debt Total | 14.6M | 21.7M | 27.1M | 12.8M | 11.5M | 19.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether XOMA Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XOMA Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xoma Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xoma Corp Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XOMA 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 population. For information on how to trade XOMA Stock refer to our How to Trade XOMA Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of XOMA Corp. If investors know XOMA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about XOMA Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.37 | Earnings Share (3.07) | Revenue Per Share 1.862 | Quarterly Revenue Growth 7.671 | Return On Assets (0.06) |
The market value of XOMA Corp is measured differently than its book value, which is the value of XOMA that is recorded on the company's balance sheet. Investors also form their own opinion of XOMA Corp's value that differs from its market value or its book value, called intrinsic value, which is XOMA Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because XOMA Corp's market value can be influenced by many factors that don't directly affect XOMA Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between XOMA Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if XOMA Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XOMA Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.