XTKG Total Current Assets vs Gross Profit Margin Analysis
| XTKG Stock | 0.70 0.07 11.11% |
X3 Holdings financial indicator trend analysis is more than just analyzing X3 Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X3 Holdings is a good investment. Please check the relationship between X3 Holdings Total Current Assets and its Gross Profit Margin accounts. 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.
Total Current Assets vs Gross Profit Margin
Total Current Assets vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X3 Holdings Total Current Assets account and Gross Profit Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between X3 Holdings' Total Current Assets and Gross Profit Margin is 0.22. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of X3 Holdings Co, assuming nothing else is changed. The correlation between historical values of X3 Holdings' Total Current Assets and Gross Profit Margin 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 Current Assets of X3 Holdings Co are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Assets i.e., X3 Holdings' Total Current Assets and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Gross Profit Margin
Most indicators from X3 Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. The X3 Holdings' current Sales General And Administrative To Revenue is estimated to increase to 1.02, while Tax Provision is projected to decrease to (54.2 K).
| 2022 | 2023 | 2024 | 2025 (projected) | |
| Gross Profit | 3.8M | 3.4M | 3.1M | 5.5M |
| Total Revenue | 10.5M | 16.8M | 15.1M | 17.2M |
X3 Holdings fundamental ratios Correlations
Click cells to compare fundamentals
X3 Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 (15.20) | Revenue Per Share | Quarterly Revenue Growth (0.24) | Return On Assets | Return On Equity |
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.