XPEV Stock | | | USD 11.91 0.38 3.09% |
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 Other Assets and its Property Plant And Equipment Net 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.
Other Assets vs Property Plant And Equipment Net
Other Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xpeng Inc Other Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xpeng's Other Assets and Property Plant And Equipment Net is 0.68. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net 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 Other Assets and Property Plant And Equipment 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 Other Assets of Xpeng Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Xpeng's Other Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
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.
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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