| XST Stock | | | 0.01 0.00 0.00% |
Xstate Resources financial indicator trend analysis is more than just analyzing Xstate Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xstate Resources is a good investment. Please check the relationship between Xstate Resources Change In Working Capital and its Dividends Paid accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xstate Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Change In Working Capital vs Dividends Paid
Change In Working Capital vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xstate Resources Change In Working Capital account and
Dividends Paid. At this time, the significance of the direction appears to have pay attention.
The correlation between Xstate Resources' Change In Working Capital and Dividends Paid is -0.86. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Xstate Resources, assuming nothing else is changed. The correlation between historical values of Xstate Resources' Change In Working Capital and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Xstate Resources are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change In Working Capital i.e., Xstate Resources' Change In Working Capital and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.86 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Xstate Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xstate Resources 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 Xstate Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Xstate Resources'
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 6.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 366.6
K in 2024.
Xstate Resources fundamental ratios Correlations
Click cells to compare fundamentals
Xstate Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xstate Resources fundamental ratios Accounts
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Additional Tools for Xstate Stock Analysis
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