Xos Cash vs Cash And Short Term Investments Analysis
XOSWW Stock | USD 0.01 0 17.00% |
Xos Equity financial indicator trend analysis is more than just analyzing Xos Equity Warrants current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xos Equity Warrants is a good investment. Please check the relationship between Xos Equity Cash and its Cash And Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xos Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Equity Warrants Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xos Equity's Cash and Cash And Short Term Investments is 0.78. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Xos Equity Warrants, assuming nothing else is changed. The correlation between historical values of Xos Equity's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Xos Equity Warrants are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Xos Equity's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Xos Equity Warrants, which is listed under current asset account on Xos Equity Warrants balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xos Equity customers. The amounts must be unrestricted with restricted cash listed in a different Xos Equity 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Xos Equity Warrants balance sheet. This account contains Xos Equity investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Xos Equity Warrants fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Xos Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xos Equity Warrants 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 Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. 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 Expenses | 50.8M | 81.3M | 63.7M | 46.8M | Cost Of Revenue | 7.4M | 66.4M | 45.8M | 27.0M |
Xos Equity fundamental ratios Correlations
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Xos Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Xos Stock Analysis
When running Xos Equity's price analysis, check to measure Xos Equity'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 Xos Equity is operating at the current time. Most of Xos Equity's value examination focuses on studying past and present price action to predict the probability of Xos Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xos Equity's price. Additionally, you may evaluate how the addition of Xos Equity to your portfolios can decrease your overall portfolio volatility.