XPEV Stock | | | USD 11.62 0.29 2.43% |
Xpeng financial indicator trend analysis is more than just analyzing Xpeng Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xpeng Inc is a good investment. Please check the relationship between Xpeng Current Deferred Revenue and its Common Stock Total Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xpeng 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.
Current Deferred Revenue vs Common Stock Total Equity
Current Deferred Revenue vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xpeng Inc Current Deferred Revenue account and
Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xpeng's Current Deferred Revenue and Common Stock Total Equity is 0.91. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Xpeng Inc, assuming nothing else is changed. The correlation between historical values of Xpeng's Current Deferred Revenue and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Xpeng Inc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Current Deferred Revenue i.e., Xpeng's Current Deferred Revenue and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Xpeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xpeng 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 Xpeng 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, Xpeng's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 6.5
B in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(5.11) in 2024.
Xpeng fundamental ratios Correlations
Click cells to compare fundamentals
Xpeng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xpeng fundamental ratios Accounts
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Additional Tools for Xpeng Stock Analysis
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measure Xpeng'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 Xpeng is operating at the current time. Most of Xpeng's value examination focuses on studying past and present price action to
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