XTKG Historical Balance Sheet
| XTKG Stock | 2.11 2.00 1,818% |
Trend analysis of X3 Holdings Co balance sheet accounts such as Total Assets of 138.2 M, Short Long Term Debt Total of 9 M, Other Current Liabilities of 1.8 M or Total Current Liabilities of 25 M provides information on X3 Holdings' total assets, liabilities, and equity, which is the actual value of X3 Holdings to its prevalent stockholders. By breaking down trends over time using X3 Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining X3 Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether X3 Holdings is a good buy for the upcoming year.
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About XTKG Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of X3 Holdings at a specified time, usually calculated after every quarter, six months, or one year. X3 Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of X3 Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which XTKG currently owns. An asset can also be divided into two categories, current and non-current.
X3 Holdings Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of X3 Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in X3 Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on X3 Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of X3 Holdings Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of X3 Holdings, which is listed under current asset account on X3 Holdings Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from X3 Holdings customers. The amounts must be unrestricted with restricted cash listed in a different X3 Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from X3 Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into X3 Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 X3 Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, X3 Holdings' Net Debt is most likely to increase significantly in the upcoming years. The X3 Holdings' current Non Currrent Assets Other is estimated to increase to about 80.1 M, while Short and Long Term Debt Total is projected to decrease to roughly 9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 7.1M | 11.9M | 9.9M | 9.0M | Total Assets | 114.8M | 130.6M | 176.0M | 138.2M |
X3 Holdings balance sheet Correlations
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X3 Holdings Account Relationship Matchups
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When determining whether X3 Holdings is a strong investment it is important to analyze X3 Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact X3 Holdings' future performance. For an informed investment choice regarding XTKG Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X3 Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of X3 Holdings. If investors know XTKG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about X3 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.36) | Revenue Per Share 0.547 | Quarterly Revenue Growth 1.955 | Return On Assets (0.09) | Return On Equity (0.99) |
The market value of X3 Holdings is measured differently than its book value, which is the value of XTKG that is recorded on the company's balance sheet. Investors also form their own opinion of X3 Holdings' value that differs from its market value or its book value, called intrinsic value, which is X3 Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because X3 Holdings' market value can be influenced by many factors that don't directly affect X3 Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between X3 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if X3 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X3 Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.