Xpel Interest Income vs Total Other Income Expense Net Analysis

XPEL Stock  USD 43.46  0.05  0.12%   
Xpel financial indicator trend analysis is more than just analyzing Xpel Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xpel Inc is a good investment. Please check the relationship between Xpel Interest Income and its Total Other Income Expense Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xpel 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 income.

Interest Income vs Total Other Income Expense Net

Interest Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xpel Inc Interest Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Xpel's Interest Income and Total Other Income Expense Net is 0.09. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Xpel Inc, assuming nothing else is changed. The correlation between historical values of Xpel's Interest Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Xpel Inc are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Income i.e., Xpel's Interest Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Other Income Expense Net

Most indicators from Xpel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xpel 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 Xpel 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 income.
At this time, Xpel's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 13.5 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.15.
 2021 2022 2023 2024 (projected)
Gross Profit92.7M127.5M162.4M170.5M
Total Revenue259.3M324.0M396.3M416.1M

Xpel fundamental ratios Correlations

0.950.870.950.990.990.810.990.520.990.520.980.450.950.990.920.970.990.990.59-0.630.730.97-0.630.850.94
0.950.770.950.920.970.890.920.460.970.460.890.431.00.930.950.990.920.930.75-0.610.670.98-0.610.80.93
0.870.770.860.870.830.590.870.520.850.520.890.410.760.860.730.820.870.870.35-0.590.740.84-0.590.770.84
0.950.950.860.920.940.750.920.610.950.610.950.540.930.910.940.980.920.950.71-0.60.710.95-0.60.890.99
0.990.920.870.920.980.771.00.50.970.50.980.430.911.00.880.931.01.00.52-0.620.730.95-0.620.820.91
0.990.970.830.940.980.820.980.520.990.520.960.450.960.980.940.970.980.980.62-0.670.750.97-0.670.840.94
0.810.890.590.750.770.820.78-0.010.87-0.010.710.240.90.820.790.850.780.740.62-0.370.430.9-0.370.640.74
0.990.920.870.921.00.980.780.490.970.490.980.40.911.00.880.931.00.990.52-0.630.720.95-0.630.820.91
0.520.460.520.610.50.52-0.010.490.431.00.560.460.420.440.530.520.480.570.45-0.60.620.39-0.60.510.59
0.990.970.850.950.970.990.870.970.430.430.950.420.970.980.930.980.980.970.61-0.610.710.99-0.610.850.94
0.520.460.520.610.50.52-0.010.491.00.430.560.460.420.440.530.520.480.570.45-0.60.620.39-0.60.510.59
0.980.890.890.950.980.960.710.980.560.950.560.50.880.970.880.920.980.990.54-0.60.740.93-0.60.860.94
0.450.430.410.540.430.450.240.40.460.420.460.50.410.420.510.470.410.470.45-0.090.630.42-0.090.410.53
0.951.00.760.930.910.960.90.910.420.970.420.880.410.920.950.990.910.910.71-0.610.670.98-0.610.810.93
0.990.930.860.911.00.980.821.00.440.980.440.970.420.920.880.940.990.990.54-0.580.70.96-0.580.80.9
0.920.950.730.940.880.940.790.880.530.930.530.880.510.950.880.960.890.90.69-0.690.760.94-0.690.920.96
0.970.990.820.980.930.970.850.930.520.980.520.920.470.990.940.960.930.940.72-0.620.710.99-0.620.860.97
0.990.920.870.921.00.980.781.00.480.980.480.980.410.910.990.890.930.990.5-0.620.720.95-0.620.840.92
0.990.930.870.951.00.980.740.990.570.970.570.990.470.910.990.90.940.990.57-0.640.750.94-0.640.830.93
0.590.750.350.710.520.620.620.520.450.610.450.540.450.710.540.690.720.50.57-0.340.370.64-0.340.470.66
-0.63-0.61-0.59-0.6-0.62-0.67-0.37-0.63-0.6-0.61-0.6-0.6-0.09-0.61-0.58-0.69-0.62-0.62-0.64-0.34-0.74-0.591.0-0.66-0.58
0.730.670.740.710.730.750.430.720.620.710.620.740.630.670.70.760.710.720.750.37-0.740.68-0.740.710.72
0.970.980.840.950.950.970.90.950.390.990.390.930.420.980.960.940.990.950.940.64-0.590.68-0.590.850.95
-0.63-0.61-0.59-0.6-0.62-0.67-0.37-0.63-0.6-0.61-0.6-0.6-0.09-0.61-0.58-0.69-0.62-0.62-0.64-0.341.0-0.74-0.59-0.66-0.58
0.850.80.770.890.820.840.640.820.510.850.510.860.410.810.80.920.860.840.830.47-0.660.710.85-0.660.92
0.940.930.840.990.910.940.740.910.590.940.590.940.530.930.90.960.970.920.930.66-0.580.720.95-0.580.92
Click cells to compare fundamentals

Xpel Account Relationship Matchups

Xpel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.6M83.8M161.0M193.4M252.0M264.6M
Short Long Term Debt Total5.9M12.1M38.3M42.1M36.1M37.9M
Other Current Liab(559.2K)3.6M4.8M2.1M7.5M7.8M
Total Current Liabilities11.8M21.2M36.3M27.4M36.5M38.3M
Total Stockholder Equity35.1M53.4M84.5M124.7M180.0M189.0M
Property Plant And Equipment Net9.1M10.7M22.8M29.5M32.4M34.1M
Net Debt(5.6M)(16.9M)28.6M34.0M24.5M25.7M
Retained Earnings24.6M42.9M74.4M115.8M168.6M177.1M
Cash11.5M29.0M9.6M8.1M11.6M12.2M
Non Current Assets Total15.3M21.1M82.0M86.5M105.6M110.9M
Cash And Short Term Investments11.5M29.0M9.6M8.1M11.6M12.2M
Net Receivables7.2M9.9M13.2M14.7M24.8M26.0M
Liabilities And Stockholders Equity51.6M83.8M161.0M193.4M252.0M264.6M
Non Current Liabilities Total4.9M9.3M40.3M41.2M35.6M37.4M
Inventory15.1M22.4M51.9M80.6M106.5M111.8M
Other Current Assets2.4M1.4M4.3M3.5M3.5M3.7M
Total Liab16.7M30.5M76.6M68.6M72.1M75.7M
Property Plant And Equipment Gross9.1M10.7M22.8M29.5M46.3M48.6M
Total Current Assets36.3M62.8M79.0M106.8M146.5M153.8M
Short Term Debt1.6M4.2M6.3M7.8M4.0M2.2M
Intangible Assets3.8M5.4M32.7M29.3M34.9M36.7M
Current Deferred Revenue559.2K244.8K818.0K261K761K799.1K
Accounts Payable10.2M13.0M25.2M16.7M24.2M25.4M
Non Currrent Assets Other(15.3M)486.5K790.3K972K782K821.1K
Good Will2.4M4.5M25.7M26.8M37.5M39.3M
Accumulated Other Comprehensive Income(908.8K)66.2K(590.4K)(2.2M)(1.2M)(1.1M)
Other Liab604.7K1.4M5.4M3.1M3.6M3.8M
Net Tangible Assets28.8M48.9M26.1M68.7M79.0M82.9M
Long Term Debt307.3K3.6M25.1M26M19.3M9.7M
Long Term Debt Total1.0M968.2K307.3K25M28.8M30.2M
Capital Lease Obligations5.1M6.0M12.8M16.0M16.7M17.5M
Short Long Term Debt462.2K2.6M375.4K77K62K58.9K

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When determining whether Xpel Inc is a strong investment it is important to analyze Xpel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xpel's future performance. For an informed investment choice regarding Xpel Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xpel 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 income.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xpel. If investors know Xpel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xpel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.099
Earnings Share
1.75
Revenue Per Share
15.141
Return On Assets
0.1526
Return On Equity
0.2521
The market value of Xpel Inc is measured differently than its book value, which is the value of Xpel that is recorded on the company's balance sheet. Investors also form their own opinion of Xpel's value that differs from its market value or its book value, called intrinsic value, which is Xpel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xpel's market value can be influenced by many factors that don't directly affect Xpel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xpel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xpel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xpel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.