Xos Other Assets vs Cash Analysis

XOSWW Stock  USD 0.01  0  18.03%   
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 Other Assets and its Cash 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.

Other Assets vs Cash

Other Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Equity Warrants Other Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xos Equity's Other Assets and Cash is -0.32. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash 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 Other Assets 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 Other Assets of Xos Equity Warrants 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 Other Assets i.e., Xos Equity's Other Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

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.
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 Expenses50.8M81.3M63.7M46.8M
Cost Of Revenue7.4M66.4M45.8M27.0M

Xos Equity fundamental ratios Correlations

0.520.510.670.990.77-0.21-0.460.850.870.950.580.930.60.820.980.90.980.920.91.00.460.73-0.21-0.320.63
0.520.80.860.380.910.58-0.770.00.820.270.80.340.720.860.570.820.340.680.790.580.830.28-0.53-0.420.93
0.510.80.870.370.70.43-0.760.190.720.380.410.330.710.820.580.660.40.630.810.540.690.2-0.58-0.520.73
0.670.860.870.540.780.25-0.580.260.930.470.750.580.580.810.650.780.540.660.920.720.910.55-0.3-0.330.72
0.990.380.370.540.69-0.32-0.370.90.780.980.50.930.530.740.960.830.990.880.810.970.330.73-0.14-0.270.54
0.770.910.70.780.690.36-0.790.350.890.60.770.590.810.960.830.970.650.910.880.810.670.42-0.54-0.470.97
-0.210.580.430.25-0.320.36-0.73-0.540.1-0.360.13-0.510.60.31-0.080.17-0.350.090.1-0.170.2-0.61-0.8-0.660.55
-0.46-0.77-0.76-0.58-0.37-0.79-0.73-0.15-0.58-0.36-0.31-0.12-0.98-0.82-0.6-0.7-0.36-0.71-0.65-0.48-0.340.160.940.87-0.88
0.850.00.190.260.90.35-0.54-0.150.490.960.10.830.330.470.810.540.930.690.570.8-0.010.6-0.02-0.210.2
0.870.820.720.930.780.890.1-0.580.490.690.830.780.630.890.840.930.760.840.980.910.820.69-0.27-0.320.78
0.950.270.380.470.980.6-0.36-0.360.960.690.320.890.520.690.940.750.990.860.760.920.210.65-0.17-0.310.46
0.580.80.410.750.50.770.13-0.310.10.830.320.590.330.640.520.760.430.560.70.640.860.670.010.020.67
0.930.340.330.580.930.59-0.51-0.120.830.780.890.590.270.630.850.750.930.750.780.920.480.920.170.050.4
0.60.720.710.580.530.810.6-0.980.330.630.520.330.270.860.720.770.520.80.710.610.3-0.05-0.9-0.880.87
0.820.860.820.810.740.960.31-0.820.470.890.690.640.630.860.890.960.720.950.940.850.630.41-0.59-0.540.94
0.980.570.580.650.960.83-0.08-0.60.810.840.940.520.850.720.890.920.950.980.90.970.410.59-0.38-0.440.73
0.90.820.660.780.830.970.17-0.70.540.930.750.760.750.770.960.920.80.960.940.920.640.57-0.43-0.430.9
0.980.340.40.540.990.65-0.35-0.360.930.760.990.430.930.520.720.950.80.870.810.960.310.71-0.14-0.290.5
0.920.680.630.660.880.910.09-0.710.690.840.860.560.750.80.950.980.960.870.890.920.440.49-0.49-0.490.85
0.90.790.810.920.810.880.1-0.650.570.980.760.70.780.710.940.90.940.810.890.920.740.63-0.37-0.420.8
1.00.580.540.720.970.81-0.17-0.480.80.910.920.640.920.610.850.970.920.960.920.920.530.74-0.21-0.320.67
0.460.830.690.910.330.670.2-0.34-0.010.820.210.860.480.30.630.410.640.310.440.740.530.6-0.030.00.6
0.730.280.20.550.730.42-0.610.160.60.690.650.670.92-0.050.410.590.570.710.490.630.740.60.470.370.21
-0.21-0.53-0.58-0.3-0.14-0.54-0.80.94-0.02-0.27-0.170.010.17-0.9-0.59-0.38-0.43-0.14-0.49-0.37-0.21-0.030.470.93-0.68
-0.32-0.42-0.52-0.33-0.27-0.47-0.660.87-0.21-0.32-0.310.020.05-0.88-0.54-0.44-0.43-0.29-0.49-0.42-0.320.00.370.93-0.57
0.630.930.730.720.540.970.55-0.880.20.780.460.670.40.870.940.730.90.50.850.80.670.60.21-0.68-0.57
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Xos Equity Account Relationship Matchups

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