Xos Property Plant And Equipment Net vs Other Assets 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 Property Plant And Equipment Net and its Other Assets 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.
Property Plant And Equipment Net vs Other Assets
Property Plant And Equipment Net vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Equity Warrants Property Plant And Equipment Net account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xos Equity's Property Plant And Equipment Net and Other Assets is -0.47. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Assets 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 Property Plant And Equipment Net and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Xos Equity Warrants are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Property Plant And Equipment Net i.e., Xos Equity's Property Plant And Equipment Net and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Other Assets
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
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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.