Xstate Other Non Cash Items vs Change In Cash 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 Other Non Cash Items and its Change In Cash 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.

Other Non Cash Items vs Change In Cash

Other Non Cash Items vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xstate Resources Other Non Cash Items account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Xstate Resources' Other Non Cash Items and Change In Cash is -0.48. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change In Cash 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' Other Non Cash Items and Change In Cash 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 Non Cash Items of Xstate Resources are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Other Non Cash Items i.e., Xstate Resources' Other Non Cash Items and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Non Cash Items

Change In Cash

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 Income	477.2K	5.5K	12.7K	12.0K
Tax Provision	276.7K	125.4K	221.1K	232.2K

Interest Income Tax Provision

Xstate Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Current Deferred Revenue	Accounts Payable	Good Will
Total Assets		-0.08	0.87	0.78	0.29	0.73	-0.2	-0.27	0.19	1.0	0.13	0.18	0.72	0.18	0.63	0.97	0.07	0.97	0.73	0.57	-0.06	0.36	0.0	0.13	-0.13	-0.02
Short Long Term Debt Total	-0.08		-0.08	0.18	0.29	-0.12	0.43	0.88	0.28	-0.1	0.09	0.28	-0.03	-0.87	-0.31	-0.19	0.06	-0.17	-0.12	0.26	0.99	-0.82	-0.2	-0.88	0.87	0.14
Other Current Liab	0.87	-0.08		0.94	-0.02	0.64	-0.11	-0.35	0.09	0.88	-0.17	0.09	0.39	0.19	0.66	0.89	-0.05	0.91	0.64	0.41	-0.07	0.36	-0.12	0.11	-0.07	-0.02
Total Current Liabilities	0.78	0.18	0.94		-0.02	0.55	-0.01	-0.16	0.17	0.78	-0.17	0.18	0.35	0.0	0.6	0.79	-0.08	0.82	0.55	0.5	0.17	0.18	-0.14	-0.07	0.26	-0.03
Total Stockholder Equity	0.29	0.29	-0.02	-0.02		0.14	-0.35	0.48	0.61	0.28	0.15	0.58	0.24	-0.35	-0.09	0.08	0.6	0.08	0.14	0.58	0.32	-0.3	-0.19	-0.15	0.12	-0.02
Property Plant And Equipment Net	0.73	-0.12	0.64	0.55	0.14		-0.19	-0.32	0.17	0.73	0.14	0.15	0.54	0.26	0.57	0.72	-0.01	0.72	1.0	0.45	-0.08	0.38	0.26	0.21	-0.17	0.03
Net Debt	-0.2	0.43	-0.11	-0.01	-0.35	-0.19		0.41	-0.74	-0.2	0.19	-0.74	0.0	-0.45	-0.35	-0.16	-0.01	-0.16	-0.19	-0.46	0.47	-0.46	0.01	-0.61	0.28	0.24
Retained Earnings	-0.27	0.88	-0.35	-0.16	0.48	-0.32	0.41		0.21	-0.29	0.21	0.2	-0.12	-0.88	-0.63	-0.43	0.32	-0.42	-0.32	0.16	0.89	-0.89	-0.22	-0.83	0.68	0.28
Cash	0.19	0.28	0.09	0.17	0.61	0.17	-0.74	0.21		0.17	-0.13	1.0	0.01	-0.15	0.16	0.06	0.05	0.07	0.17	0.7	0.25	-0.1	-0.16	-0.01	0.35	-0.12
Non Current Assets Total	1.0	-0.1	0.88	0.78	0.28	0.73	-0.2	-0.29	0.17		0.12	0.16	0.72	0.18	0.64	0.97	0.05	0.97	0.73	0.55	-0.08	0.37	-0.01	0.14	-0.14	-0.04
Non Currrent Assets Other	0.13	0.09	-0.17	-0.17	0.15	0.14	0.19	0.21	-0.13	0.12		-0.12	0.68	-0.03	-0.46	0.05	-0.01	0.03	0.14	0.12	0.08	-0.09	0.63	-0.07	0.09	0.64
Cash And Short Term Investments	0.18	0.28	0.09	0.18	0.58	0.15	-0.74	0.2	1.0	0.16	-0.12		0.0	-0.13	0.16	0.05	0.03	0.06	0.15	0.69	0.23	-0.09	-0.14	0.0	0.37	-0.12
Net Receivables	0.72	-0.03	0.39	0.35	0.24	0.54	0.0	-0.12	0.01	0.72	0.68	0.0		0.09	0.27	0.7	-0.07	0.68	0.54	0.42	-0.01	0.19	0.41	0.06	-0.02	0.13
Common Stock Total Equity	0.18	-0.87	0.19	0.0	-0.35	0.26	-0.45	-0.88	-0.15	0.18	-0.03	-0.13	0.09		0.34	0.24	-0.21	0.23	0.26	-0.16	-0.88	0.97	0.33	0.82	-0.68	0.08
Common Stock Shares Outstanding	0.63	-0.31	0.66	0.6	-0.09	0.57	-0.35	-0.63	0.16	0.64	-0.46	0.16	0.27	0.34		0.73	-0.19	0.74	0.57	0.28	-0.3	0.51	-0.14	0.38	-0.21	-0.66
Non Current Liabilities Total	0.97	-0.19	0.89	0.79	0.08	0.72	-0.16	-0.43	0.06	0.97	0.05	0.05	0.7	0.24	0.73		-0.07	1.0	0.72	0.45	-0.17	0.42	0.01	0.2	-0.2	-0.15
Inventory	0.07	0.06	-0.05	-0.08	0.6	-0.01	-0.01	0.32	0.05	0.05	-0.01	0.03	-0.07	-0.21	-0.19	-0.07		-0.07	-0.01	0.39	0.1	-0.21	-0.3	0.11	-0.17	0.05
Total Liab	0.97	-0.17	0.91	0.82	0.08	0.72	-0.16	-0.42	0.07	0.97	0.03	0.06	0.68	0.23	0.74	1.0	-0.07		0.72	0.46	-0.15	0.41	0.0	0.19	-0.17	-0.15
Property Plant And Equipment Gross	0.73	-0.12	0.64	0.55	0.14	1.0	-0.19	-0.32	0.17	0.73	0.14	0.15	0.54	0.26	0.57	0.72	-0.01	0.72		0.45	-0.08	0.38	0.26	0.21	-0.17	0.03
Total Current Assets	0.57	0.26	0.41	0.5	0.58	0.45	-0.46	0.16	0.7	0.55	0.12	0.69	0.42	-0.16	0.28	0.45	0.39	0.46	0.45		0.25	-0.04	-0.11	0.08	0.26	-0.03
Short Term Debt	-0.06	0.99	-0.07	0.17	0.32	-0.08	0.47	0.89	0.25	-0.08	0.08	0.23	-0.01	-0.88	-0.3	-0.17	0.1	-0.15	-0.08	0.25		-0.83	-0.22	-0.9	0.83	0.13
Common Stock	0.36	-0.82	0.36	0.18	-0.3	0.38	-0.46	-0.89	-0.1	0.37	-0.09	-0.09	0.19	0.97	0.51	0.42	-0.21	0.41	0.38	-0.04	-0.83		0.24	0.78	-0.66	-0.01
Other Stockholder Equity	0.0	-0.2	-0.12	-0.14	-0.19	0.26	0.01	-0.22	-0.16	-0.01	0.63	-0.14	0.41	0.33	-0.14	0.01	-0.3	0.0	0.26	-0.11	-0.22	0.24		0.22	-0.02	0.4
Current Deferred Revenue	0.13	-0.88	0.11	-0.07	-0.15	0.21	-0.61	-0.83	-0.01	0.14	-0.07	0.0	0.06	0.82	0.38	0.2	0.11	0.19	0.21	0.08	-0.9	0.78	0.22		-0.7	-0.16
Accounts Payable	-0.13	0.87	-0.07	0.26	0.12	-0.17	0.28	0.68	0.35	-0.14	0.09	0.37	-0.02	-0.68	-0.21	-0.2	-0.17	-0.17	-0.17	0.26	0.83	-0.66	-0.02	-0.7		0.1
Good Will	-0.02	0.14	-0.02	-0.03	-0.02	0.03	0.24	0.28	-0.12	-0.04	0.64	-0.12	0.13	0.08	-0.66	-0.15	0.05	-0.15	0.03	-0.03	0.13	-0.01	0.4	-0.16	0.1

Click cells to compare fundamentals

Xstate Resources Account Relationship Matchups

Xstate Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	560.3K	1.1M	40.4M	31.8M	12.7M	6.5M
Other Current Liab	329.8K	121.9K	1.5M	2.6M	607.8K	437.1K
Total Current Liabilities	607.5K	335.9K	1.6M	2.7M	967.5K	664.5K
Total Stockholder Equity	(105.2K)	704.3K	3.8M	698.8K	2.2M	2.0M
Property Plant And Equipment Net	223.0	1.7K	38.7M	30.5M	11.6M	6.9M
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)
Cash	540.5K	814.9K	724.4K	814.5K	995.3K	836.3K
Non Current Assets Total	1.7K	72.2K	38.7M	30.5M	11.6M	6.6M
Non Currrent Assets Other	1.7K	72.2K	38.7M	(30.5M)	(35.1M)	(33.3M)
Cash And Short Term Investments	541.4K	814.9K	724.4K	814.5K	995.3K	840.9K
Common Stock Total Equity	48.0M	49.0M	49.6M	50.4M	58.0M	32.4M
Common Stock Shares Outstanding	116.3M	146.8M	281.9M	321.5M	347.8M	365.2M
Liabilities And Stockholders Equity	560.3K	1.1M	40.4M	31.8M	12.7M	13.4M
Non Current Liabilities Total	58.1K	52.9K	34.9M	28.4M	9.6M	10.0M
Inventory	(17.2K)	(178.5K)	50.7K	155.2K	84.3K	107.6K
Total Liab	665.5K	388.7K	36.5M	31.1M	10.5M	11.1M
Property Plant And Equipment Gross	223.0	1.7K	38.7M	30.5M	11.6M	6.9M
Total Current Assets	558.7K	1.0M	1.7M	1.3M	1.1M	1.0M
Common Stock	49.0M	49.6M	50.4M	58.1M	66.8M	35.2M
Accumulated Other Comprehensive Income	486.0K	624.1K	658.3K	515.5K	612.8K	643.5K
Other Stockholder Equity	486.0K	624.1K	658.3K	1.0	0.9	0.86
Accounts Payable	277.6K	147.2K	119.9K	48.2K	137.7K	142.5K
Other Current Assets	870.0	199.8K	43.6K	341.0K	22.3K	21.2K
Other Liab	55.0K	58.1K	52.9K	34.9M	40.1M	42.1M
Property Plant Equipment	1.7K	0.0	38.7M	30.5M	35.1M	36.8M
Net Tangible Assets	55.9K	(105.2K)	704.3K	3.8M	4.4M	4.6M
Cash And Equivalents	540.5K	814.9K	724.4K	814.5K	733.0K	686.0K
Net Invested Capital	(105.2K)	771.0K	3.9M	698.8K	2.2M	1.2M
Net Working Capital	(48.8K)	685.0K	60.0K	(1.4M)	140.8K	147.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Xstate Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC