Xos Capital Stock vs Property Plant Equipment Analysis

XOS Stock  USD 4.06  0.20  5.18%   
Xos financial indicator trend analysis is more than just analyzing Xos Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xos Inc is a good investment. Please check the relationship between Xos Capital Stock and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Capital Stock vs Property Plant Equipment

Capital Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Inc Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have no relationship.
The correlation between Xos' Capital Stock and Property Plant Equipment is 0.08. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Xos Inc, assuming nothing else is changed. The correlation between historical values of Xos' Capital Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Xos Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Xos' Capital Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Property Plant Equipment

Most indicators from Xos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xos Inc 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 Xos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Selling General Administrative is likely to drop to about 25 M in 2024. Tax Provision is likely to drop to 6,050 in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses50.8M81.3M63.7M46.8M
Cost Of Revenue7.4M66.4M45.8M27.0M

Xos fundamental ratios Correlations

0.90.920.59-0.730.40.710.610.450.710.590.770.470.720.310.760.480.430.440.690.840.650.50.690.850.69
0.90.860.57-0.60.390.80.730.680.680.690.840.570.780.20.930.50.730.610.570.830.670.570.680.930.9
0.920.860.81-0.770.630.80.780.510.880.790.690.70.760.210.830.720.40.60.80.90.840.730.830.920.57
0.590.570.81-0.680.830.870.910.540.970.940.510.930.790.00.760.930.40.750.790.860.980.930.960.830.26
-0.73-0.6-0.77-0.68-0.22-0.69-0.470.0-0.83-0.48-0.78-0.39-0.79-0.72-0.59-0.38-0.32-0.14-0.98-0.83-0.62-0.38-0.72-0.67-0.36
0.40.390.630.83-0.220.60.830.690.70.880.080.920.41-0.510.550.970.160.860.370.540.850.950.730.640.08
0.710.80.80.87-0.690.60.920.680.90.90.820.830.970.140.930.750.770.770.740.960.920.80.960.930.65
0.610.730.780.91-0.470.830.920.830.860.990.570.970.8-0.20.90.920.660.940.580.840.970.960.920.920.54
0.450.680.510.540.00.690.680.830.450.80.370.780.51-0.530.770.710.680.940.080.520.680.770.590.730.64
0.710.680.880.97-0.830.70.90.860.450.880.670.830.870.230.810.820.460.640.910.930.940.830.960.880.38
0.590.690.790.94-0.480.880.90.990.80.880.520.990.77-0.210.870.950.580.930.60.820.980.980.920.90.46
0.770.840.690.51-0.780.080.820.570.370.670.520.380.910.580.820.270.80.340.720.860.570.340.680.790.83
0.470.570.70.93-0.390.920.830.970.780.830.990.380.69-0.320.780.980.50.930.530.740.960.990.880.810.33
0.720.780.760.79-0.790.410.970.80.510.870.770.910.690.360.890.60.770.590.810.960.830.650.910.880.67
0.310.20.210.0-0.72-0.510.14-0.2-0.530.23-0.210.58-0.320.360.1-0.360.13-0.510.60.31-0.08-0.350.090.10.2
0.760.930.830.76-0.590.550.930.90.770.810.870.820.780.890.10.690.830.780.630.890.840.760.840.980.82
0.480.50.720.93-0.380.970.750.920.710.820.950.270.980.6-0.360.690.320.890.520.690.940.990.860.760.21
0.430.730.40.4-0.320.160.770.660.680.460.580.80.50.770.130.830.320.590.330.640.520.430.560.70.86
0.440.610.60.75-0.140.860.770.940.940.640.930.340.930.59-0.510.780.890.590.270.630.850.930.750.780.48
0.690.570.80.79-0.980.370.740.580.080.910.60.720.530.810.60.630.520.330.270.860.720.520.80.710.3
0.840.830.90.86-0.830.540.960.840.520.930.820.860.740.960.310.890.690.640.630.860.890.720.950.940.63
0.650.670.840.98-0.620.850.920.970.680.940.980.570.960.83-0.080.840.940.520.850.720.890.950.980.90.41
0.50.570.730.93-0.380.950.80.960.770.830.980.340.990.65-0.350.760.990.430.930.520.720.950.870.810.31
0.690.680.830.96-0.720.730.960.920.590.960.920.680.880.910.090.840.860.560.750.80.950.980.870.890.44
0.850.930.920.83-0.670.640.930.920.730.880.90.790.810.880.10.980.760.70.780.710.940.90.810.890.74
0.690.90.570.26-0.360.080.650.540.640.380.460.830.330.670.20.820.210.860.480.30.630.410.310.440.74
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Xos Account Relationship Matchups

Xos fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.5M12.5M5.4M10.0M11.8M7.9M
Total Current Liabilities6.0M32.9M16.0M45.8M19.6M22.3M
Net Tangible Assets(10.5M)(27.2M)174.4M112.1M128.9M135.3M
Retained Earnings(10.8M)(27.5M)(4.1M)(77.4M)(153.3M)(145.6M)
Accounts Payable1.5M1.2M10.1M2.9M2.8M3.5M
Inventory1.6M1.9M30.9M57.5M37.8M23.8M
Total Current Assets1.8M12.7M166.0M163.2M71.7M76.4M
Common Stock4K7K16K17K1K950.0

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Additional Tools for Xos Stock Analysis

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