Xperi Non Currrent Assets Other vs Net Receivables Analysis

XPER Stock  USD 8.71  0.01  0.11%   
Xperi Corp financial indicator trend analysis is more than just analyzing Xperi Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xperi Corp is a good investment. Please check the relationship between Xperi Corp Non Currrent Assets Other and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xperi Corp. 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.
To learn how to invest in Xperi Stock, please use our How to Invest in Xperi Corp guide.

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xperi Corp Non Currrent Assets Other account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xperi Corp's Non Currrent Assets Other and Net Receivables is 0.91. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Xperi Corp, assuming nothing else is changed. The correlation between historical values of Xperi Corp's Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Xperi Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Xperi Corp's Non Currrent Assets Other and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Receivables

Most indicators from Xperi Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xperi Corp 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 Xperi Corp. 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.
To learn how to invest in Xperi Stock, please use our How to Invest in Xperi Corp guide.As of 11/22/2024, Selling General Administrative is likely to drop to about 131.3 M. In addition to that, Discontinued Operations is likely to drop to about (122 K)
 2021 2022 2023 2024 (projected)
Gross Profit360.9M379.3M270.2M234.9M
Total Revenue486.5M502.3M388.8M266.2M

Xperi Corp fundamental ratios Correlations

0.870.730.210.410.890.670.610.170.63-0.260.150.80.560.690.780.350.970.81-0.060.770.420.390.380.420.88
0.870.750.370.490.550.580.540.210.550.090.240.920.60.730.420.390.780.620.240.610.480.450.640.520.67
0.730.75-0.110.350.550.520.480.080.43-0.380.00.770.60.70.40.290.750.75-0.290.810.420.50.140.510.78
0.210.37-0.110.190.010.01-0.010.080.230.480.370.4-0.010.00.050.180.060.020.56-0.010.24-0.040.67-0.06-0.03
0.410.490.350.190.250.90.920.850.76-0.280.870.420.880.72-0.04-0.620.360.39-0.180.480.970.90.360.930.52
0.890.550.550.010.250.610.540.110.57-0.530.030.50.40.510.940.220.940.8-0.340.750.270.250.040.250.87
0.670.580.520.010.90.610.990.740.87-0.510.660.490.90.810.33-0.440.670.62-0.360.690.860.850.230.870.78
0.610.540.48-0.010.920.540.990.770.85-0.490.690.470.910.810.26-0.490.620.54-0.350.610.890.880.20.910.74
0.170.210.080.080.850.110.740.770.62-0.280.750.090.810.59-0.14-0.710.150.19-0.220.250.790.820.20.730.29
0.630.550.430.230.760.570.870.850.62-0.420.510.50.790.80.32-0.30.610.52-0.210.660.750.760.280.670.72
-0.260.09-0.380.48-0.28-0.53-0.51-0.49-0.28-0.42-0.05-0.02-0.45-0.36-0.410.39-0.44-0.410.96-0.57-0.37-0.480.65-0.34-0.65
0.150.240.00.370.870.030.660.690.750.51-0.050.210.570.33-0.18-0.680.070.16-0.020.190.830.610.410.750.2
0.80.920.770.40.420.50.490.470.090.5-0.020.210.550.640.40.40.750.50.090.550.50.420.450.480.69
0.560.60.6-0.010.880.40.90.910.810.79-0.450.570.550.910.1-0.40.560.48-0.340.60.880.970.190.890.7
0.690.730.70.00.720.510.810.810.590.8-0.360.330.640.910.24-0.120.680.57-0.210.680.70.860.240.760.77
0.780.420.40.05-0.040.940.330.26-0.140.32-0.41-0.180.40.10.240.410.840.66-0.260.580.0-0.05-0.03-0.050.71
0.350.390.290.18-0.620.22-0.44-0.49-0.71-0.30.39-0.680.4-0.4-0.120.410.30.130.440.03-0.58-0.550.22-0.530.04
0.970.780.750.060.360.940.670.620.150.61-0.440.070.750.560.680.840.30.79-0.260.780.40.40.160.410.93
0.810.620.750.020.390.80.620.540.190.52-0.410.160.50.480.570.660.130.79-0.260.910.380.350.280.380.78
-0.060.24-0.290.56-0.18-0.34-0.36-0.35-0.22-0.210.96-0.020.09-0.34-0.21-0.260.44-0.26-0.26-0.42-0.29-0.390.76-0.28-0.5
0.770.610.81-0.010.480.750.690.610.250.66-0.570.190.550.60.680.580.030.780.91-0.420.520.530.160.50.86
0.420.480.420.240.970.270.860.890.790.75-0.370.830.50.880.70.0-0.580.40.38-0.290.520.910.270.910.59
0.390.450.5-0.040.90.250.850.880.820.76-0.480.610.420.970.86-0.05-0.550.40.35-0.390.530.910.10.910.6
0.380.640.140.670.360.040.230.20.20.280.650.410.450.190.24-0.030.220.160.280.760.160.270.10.230.0
0.420.520.51-0.060.930.250.870.910.730.67-0.340.750.480.890.76-0.05-0.530.410.38-0.280.50.910.910.230.57
0.880.670.78-0.030.520.870.780.740.290.72-0.650.20.690.70.770.710.040.930.78-0.50.860.590.60.00.57
Click cells to compare fundamentals

Xperi Corp Account Relationship Matchups

Xperi Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B2.7B1.2B736.9M673.6M734.1M
Total Stockholder Equity547.9M1.5B1.0B463.4M404.2M500.5M
Other Assets98.0M155.7M152.1M35.1M40.4M40.8M
Common Stock Shares Outstanding48.8M49.1M41.7M42.0M43.0M47.1M
Liabilities And Stockholders Equity1.1B2.7B1.2B736.9M673.6M734.3M
Other Stockholder Equity399.6M1.2B837.9M1.1B1.2B1.3B
Total Liab502.8M1.3B212.8M287.9M286.5M235.9M
Other Current Liab36.9M134.8M67.6M87.9M92.9M97.6M
Total Current Liabilities48.1M224.7M120.0M150.2M165.1M173.4M
Accounts Payable4.7M13.0M7.4M14.9M20.8M21.9M
Cash74.6M170.2M120.7M160.1M142.1M108.1M
Short Term Investments46.9M86.9M60.5M29.0M26.1M24.8M
Other Current Assets13.7M34.0M20.9M35.5M47.5M49.8M
Common Stock64K110K113K42K44K58.1K
Property Plant Equipment50.7M143.4M129.5M100.7M115.8M121.6M
Property Plant And Equipment Net50.7M143.4M119.2M100.7M81.5M45.8M
Net Debt266.0M687.1M(57.0M)(50.3M)(46.7M)(44.4M)
Retained Earnings148.3M264.3M187.8M(668.8M)(805.4M)(765.2M)
Non Current Assets Total766.7M2.2B951.6M404.6M356.7M449.2M
Non Currrent Assets Other94.3M153.0M19.2M37.4M45.0M25.9M
Cash And Short Term Investments121.5M257.1M120.7M160.1M83.6M79.4M
Net Receivables146.0M255.2M130.5M130.0M120.1M60.5M
Common Stock Total Equity60K62K64K110K126.5K132.8K
Property Plant And Equipment Gross50.7M143.4M171.7M172.5M153.2M160.9M
Total Current Assets281.2M546.3M277.1M332.3M316.9M349.0M
Accumulated Other Comprehensive Income(53K)1.3M(676K)(4.1M)(2.9M)(2.7M)
Current Deferred Revenue720K33.1M28.2M25.4M28.1M29.5M
Inventory11.2M9.8M5.1M6.7M7.3M5.4M
Intangible Assets232.3M1.0B270.9M264.4M206.9M240.0M
Non Current Liabilities Total454.7M1.0B92.8M137.7M121.4M237.6M
Other Liab106.6M163.5M155.8M45.0M51.8M49.2M
Net Tangible Assets(70.1M)(394.5M)(319.4M)199.0M179.1M188.1M
Short Long Term Debt Total340.5M857.2M63.7M109.9M95.4M90.6M
Long Term Debt334.7M795.7M729.4M50M45M42.8M

Pair Trading with Xperi Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xperi Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xperi Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Xperi Stock

  0.65ASX ASE Industrial HoldingPairCorr
The ability to find closely correlated positions to Xperi Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xperi Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xperi Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xperi Corp to buy it.
The correlation of Xperi Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xperi Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xperi Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Xperi Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Xperi Stock Analysis

When running Xperi Corp's price analysis, check to measure Xperi Corp'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 Xperi Corp is operating at the current time. Most of Xperi Corp's value examination focuses on studying past and present price action to predict the probability of Xperi Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xperi Corp's price. Additionally, you may evaluate how the addition of Xperi Corp to your portfolios can decrease your overall portfolio volatility.