Xstate Issuance Of Capital Stock vs Change To Operating Activities Analysis

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 Issuance Of Capital Stock and its Change To Operating Activities 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.

Issuance Of Capital Stock vs Change To Operating Activities

Issuance Of Capital Stock vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xstate Resources Issuance Of Capital Stock account and Change To Operating Activities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Xstate Resources' Issuance Of Capital Stock and Change To Operating Activities is 0.21. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Change To Operating Activities 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' Issuance Of Capital Stock and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Xstate Resources are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Issuance Of Capital Stock i.e., Xstate Resources' Issuance Of Capital Stock and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Issuance Of Capital Stock

Change To Operating Activities

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.
 2021 2022 2023 2024 (projected)
Interest Income477.2K5.5K12.7K12.0K
Tax Provision276.7K125.4K221.1K232.2K

Xstate Resources fundamental ratios Correlations

-0.080.870.780.290.73-0.2-0.270.191.00.130.180.720.180.630.970.070.970.730.57-0.060.360.00.13-0.13-0.02
-0.08-0.080.180.29-0.120.430.880.28-0.10.090.28-0.03-0.87-0.31-0.190.06-0.17-0.120.260.99-0.82-0.2-0.880.870.14
0.87-0.080.94-0.020.64-0.11-0.350.090.88-0.170.090.390.190.660.89-0.050.910.640.41-0.070.36-0.120.11-0.07-0.02
0.780.180.94-0.020.55-0.01-0.160.170.78-0.170.180.350.00.60.79-0.080.820.550.50.170.18-0.14-0.070.26-0.03
0.290.29-0.02-0.020.14-0.350.480.610.280.150.580.24-0.35-0.090.080.60.080.140.580.32-0.3-0.19-0.150.12-0.02
0.73-0.120.640.550.14-0.19-0.320.170.730.140.150.540.260.570.72-0.010.721.00.45-0.080.380.260.21-0.170.03
-0.20.43-0.11-0.01-0.35-0.190.41-0.74-0.20.19-0.740.0-0.45-0.35-0.16-0.01-0.16-0.19-0.460.47-0.460.01-0.610.280.24
-0.270.88-0.35-0.160.48-0.320.410.21-0.290.210.2-0.12-0.88-0.63-0.430.32-0.42-0.320.160.89-0.89-0.22-0.830.680.28
0.190.280.090.170.610.17-0.740.210.17-0.131.00.01-0.150.160.060.050.070.170.70.25-0.1-0.16-0.010.35-0.12
1.0-0.10.880.780.280.73-0.2-0.290.170.120.160.720.180.640.970.050.970.730.55-0.080.37-0.010.14-0.14-0.04
0.130.09-0.17-0.170.150.140.190.21-0.130.12-0.120.68-0.03-0.460.05-0.010.030.140.120.08-0.090.63-0.070.090.64
0.180.280.090.180.580.15-0.740.21.00.16-0.120.0-0.130.160.050.030.060.150.690.23-0.09-0.140.00.37-0.12
0.72-0.030.390.350.240.540.0-0.120.010.720.680.00.090.270.7-0.070.680.540.42-0.010.190.410.06-0.020.13
0.18-0.870.190.0-0.350.26-0.45-0.88-0.150.18-0.03-0.130.090.340.24-0.210.230.26-0.16-0.880.970.330.82-0.680.08
0.63-0.310.660.6-0.090.57-0.35-0.630.160.64-0.460.160.270.340.73-0.190.740.570.28-0.30.51-0.140.38-0.21-0.66
0.97-0.190.890.790.080.72-0.16-0.430.060.970.050.050.70.240.73-0.071.00.720.45-0.170.420.010.2-0.2-0.15
0.070.06-0.05-0.080.6-0.01-0.010.320.050.05-0.010.03-0.07-0.21-0.19-0.07-0.07-0.010.390.1-0.21-0.30.11-0.170.05
0.97-0.170.910.820.080.72-0.16-0.420.070.970.030.060.680.230.741.0-0.070.720.46-0.150.410.00.19-0.17-0.15
0.73-0.120.640.550.141.0-0.19-0.320.170.730.140.150.540.260.570.72-0.010.720.45-0.080.380.260.21-0.170.03
0.570.260.410.50.580.45-0.460.160.70.550.120.690.42-0.160.280.450.390.460.450.25-0.04-0.110.080.26-0.03
-0.060.99-0.070.170.32-0.080.470.890.25-0.080.080.23-0.01-0.88-0.3-0.170.1-0.15-0.080.25-0.83-0.22-0.90.830.13
0.36-0.820.360.18-0.30.38-0.46-0.89-0.10.37-0.09-0.090.190.970.510.42-0.210.410.38-0.04-0.830.240.78-0.66-0.01
0.0-0.2-0.12-0.14-0.190.260.01-0.22-0.16-0.010.63-0.140.410.33-0.140.01-0.30.00.26-0.11-0.220.240.22-0.020.4
0.13-0.880.11-0.07-0.150.21-0.61-0.83-0.010.14-0.070.00.060.820.380.20.110.190.210.08-0.90.780.22-0.7-0.16
-0.130.87-0.070.260.12-0.170.280.680.35-0.140.090.37-0.02-0.68-0.21-0.2-0.17-0.17-0.170.260.83-0.66-0.02-0.70.1
-0.020.14-0.02-0.03-0.020.030.240.28-0.12-0.040.64-0.120.130.08-0.66-0.150.05-0.150.03-0.030.13-0.010.4-0.160.1
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Xstate Resources Account Relationship Matchups

Xstate Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets560.3K1.1M40.4M31.8M12.7M6.5M
Other Current Liab329.8K121.9K1.5M2.6M607.8K437.1K
Total Current Liabilities607.5K335.9K1.6M2.7M967.5K664.5K
Total Stockholder Equity(105.2K)704.3K3.8M698.8K2.2M2.0M
Property Plant And Equipment Net223.01.7K38.7M30.5M11.6M6.9M
Net Debt(540.5K)(748.2K)(719.5K)(814.5K)(990.4K)(940.9K)
Retained Earnings(50.2M)(50.3M)(54.9M)(57.9M)(56.5M)(53.7M)
Cash540.5K814.9K724.4K814.5K995.3K836.3K
Non Current Assets Total1.7K72.2K38.7M30.5M11.6M6.6M
Non Currrent Assets Other1.7K72.2K38.7M(30.5M)(35.1M)(33.3M)
Cash And Short Term Investments541.4K814.9K724.4K814.5K995.3K840.9K
Common Stock Total Equity48.0M49.0M49.6M50.4M58.0M32.4M
Common Stock Shares Outstanding116.3M146.8M281.9M321.5M347.8M365.2M
Liabilities And Stockholders Equity560.3K1.1M40.4M31.8M12.7M13.4M
Non Current Liabilities Total58.1K52.9K34.9M28.4M9.6M10.0M
Inventory(17.2K)(178.5K)50.7K155.2K84.3K107.6K
Total Liab665.5K388.7K36.5M31.1M10.5M11.1M
Property Plant And Equipment Gross223.01.7K38.7M30.5M11.6M6.9M
Total Current Assets558.7K1.0M1.7M1.3M1.1M1.0M
Common Stock49.0M49.6M50.4M58.1M66.8M35.2M
Accumulated Other Comprehensive Income486.0K624.1K658.3K515.5K612.8K643.5K
Other Stockholder Equity486.0K624.1K658.3K1.00.90.86
Accounts Payable277.6K147.2K119.9K48.2K137.7K142.5K
Other Current Assets870.0199.8K43.6K341.0K22.3K21.2K
Other Liab55.0K58.1K52.9K34.9M40.1M42.1M
Property Plant Equipment1.7K0.038.7M30.5M35.1M36.8M
Net Tangible Assets55.9K(105.2K)704.3K3.8M4.4M4.6M
Cash And Equivalents540.5K814.9K724.4K814.5K733.0K686.0K
Net Invested Capital(105.2K)771.0K3.9M698.8K2.2M1.2M
Net Working Capital(48.8K)685.0K60.0K(1.4M)140.8K147.9K

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