| 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 Total Liab and its Cash And Short Term Investments 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.
Total Liab vs Cash And Short Term Investments
Total Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xstate Resources Total Liab account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Xstate Resources' Total Liab and Cash And Short Term Investments is 0.06. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash And Short Term Investments 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' Total Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Xstate Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Liab i.e., Xstate Resources' Total Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Xstate Resources balance sheet. This account contains Xstate Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Xstate Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of 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.
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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