Xos Gross Profit Margin vs Total Current Liabilities Analysis
XOSWW Stock | USD 0 0 27.59% |
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 Gross Profit Margin and its Total Current Liabilities 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.
Gross Profit Margin vs Total Current Liabilities
Gross Profit Margin vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Equity Warrants Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Xos Equity's Gross Profit Margin and Total Current Liabilities is -0.86. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities 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 Gross Profit Margin and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Xos Equity Warrants are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., Xos Equity's Gross Profit Margin and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Gross Profit Margin
Total Current Liabilities
Total Current Liabilities is an item on Xos Equity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xos Equity Warrants are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
Click cells to compare fundamentals
Xos Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.