Xtract Change In Cash vs Free Cash Flow Analysis

XTRA Stock

0.67 0.02 2.90%

Xtract One financial indicator trend analysis is more than just analyzing Xtract One Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xtract One Technologies is a good investment. Please check the relationship between Xtract One Change In Cash and its Free Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xtract One Technologies. 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.

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xtract One Technologies Change In Cash account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Xtract One's Change In Cash and Free Cash Flow is -0.13. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Xtract One Technologies, assuming nothing else is changed. The correlation between historical values of Xtract One's Change In Cash and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Xtract One Technologies are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Cash i.e., Xtract One's Change In Cash and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Xtract One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xtract One Technologies 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 Xtract One Technologies. 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.

As of the 26th of November 2024, Enterprise Value is likely to grow to about 145.4 M, while Selling General Administrative is likely to drop about 5.6 M.

Xtract One fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Other Assets	Capital Surpluse	Inventory	Short Term Investments	Cash And Equivalents	Intangible Assets
Total Assets		-0.18	0.43	1.0	0.64	-0.86	-0.38	0.54	0.87	0.83	-0.69	0.86	0.75	0.63	0.18	0.55	0.48	0.9	0.62	0.58	0.02	0.32	0.63	-0.65	0.46	0.81
Other Current Liab	-0.18		-0.05	-0.18	-0.14	0.12	0.13	-0.06	-0.12	-0.17	0.41	-0.14	-0.19	-0.11	0.27	-0.14	-0.07	-0.15	-0.16	0.02	0.01	-0.15	-0.19	0.18	-0.04	-0.19
Total Current Liabilities	0.43	-0.05		0.38	0.93	-0.24	-0.95	0.98	0.3	0.43	-0.69	0.25	0.5	0.94	-0.57	0.96	0.99	0.33	0.96	0.85	0.66	0.88	0.89	-0.88	-0.29	0.79
Total Stockholder Equity	1.0	-0.18	0.38		0.61	-0.87	-0.33	0.49	0.88	0.82	-0.67	0.88	0.73	0.6	0.21	0.5	0.43	0.91	0.57	0.54	-0.01	0.26	0.58	-0.61	0.5	0.78
Property Plant And Equipment Net	0.64	-0.14	0.93	0.61		-0.37	-0.92	0.93	0.42	0.69	-0.79	0.37	0.75	0.97	-0.4	0.97	0.96	0.46	0.98	0.85	0.52	0.86	0.95	-0.95	-0.21	0.92
Net Debt	-0.86	0.12	-0.24	-0.87	-0.37		0.16	-0.38	-1.0	-0.46	0.51	-0.97	-0.43	-0.42	-0.18	-0.33	-0.24	-0.96	-0.39	-0.46	0.05	-0.1	-0.35	0.47	-0.79	-0.62
Retained Earnings	-0.38	0.13	-0.95	-0.33	-0.92	0.16		-0.93	-0.21	-0.44	0.72	-0.16	-0.61	-0.93	0.56	-0.97	-0.95	-0.25	-0.95	-0.81	-0.53	-0.93	-0.9	0.9	0.4	-0.77
Accounts Payable	0.54	-0.06	0.98	0.49	0.93	-0.38	-0.93		0.43	0.48	-0.73	0.38	0.57	0.95	-0.48	0.96	0.98	0.45	0.96	0.87	0.56	0.86	0.88	-0.91	-0.16	0.86
Cash	0.87	-0.12	0.3	0.88	0.42	-1.0	-0.21	0.43		0.49	-0.55	0.97	0.46	0.47	0.14	0.38	0.3	0.97	0.45	0.49	0.01	0.15	0.4	-0.52	0.76	0.66
Non Current Assets Total	0.83	-0.17	0.43	0.82	0.69	-0.46	-0.44	0.48	0.49		-0.57	0.44	0.87	0.58	0.17	0.54	0.52	0.51	0.59	0.47	0.01	0.45	0.71	-0.65	0.1	0.79
Non Currrent Assets Other	-0.69	0.41	-0.69	-0.67	-0.79	0.51	0.72	-0.73	-0.55	-0.57		-0.57	-0.68	-0.82	0.5	-0.8	-0.71	-0.63	-0.82	-0.68	-0.31	-0.61	-0.75	0.78	0.02	-0.76
Cash And Short Term Investments	0.86	-0.14	0.25	0.88	0.37	-0.97	-0.16	0.38	0.97	0.44	-0.57		0.41	0.45	0.17	0.34	0.26	0.99	0.41	0.47	-0.01	0.05	0.33	-0.42	0.69	0.57
Net Receivables	0.75	-0.19	0.5	0.73	0.75	-0.43	-0.61	0.57	0.46	0.87	-0.68	0.41		0.7	0.07	0.68	0.57	0.49	0.7	0.49	0.06	0.6	0.74	-0.79	-0.02	0.82
Common Stock Shares Outstanding	0.63	-0.11	0.94	0.6	0.97	-0.42	-0.93	0.95	0.47	0.58	-0.82	0.45	0.7		-0.43	0.99	0.95	0.53	0.99	0.88	0.55	0.83	0.91	-0.93	-0.18	0.87
Non Current Liabilities Total	0.18	0.27	-0.57	0.21	-0.4	-0.18	0.56	-0.48	0.14	0.17	0.5	0.17	0.07	-0.43		-0.49	-0.52	0.14	-0.46	-0.39	-0.56	-0.53	-0.38	0.37	0.39	-0.21
Other Stockholder Equity	0.55	-0.14	0.96	0.5	0.97	-0.33	-0.97	0.96	0.38	0.54	-0.8	0.34	0.68	0.99	-0.49		0.97	0.43	0.99	0.84	0.58	0.89	0.92	-0.95	-0.26	0.86
Total Liab	0.48	-0.07	0.99	0.43	0.96	-0.24	-0.95	0.98	0.3	0.52	-0.71	0.26	0.57	0.95	-0.52	0.97		0.33	0.97	0.85	0.62	0.89	0.92	-0.9	-0.31	0.83
Total Current Assets	0.9	-0.15	0.33	0.91	0.46	-0.96	-0.25	0.45	0.97	0.51	-0.63	0.99	0.49	0.53	0.14	0.43	0.33		0.49	0.53	0.02	0.14	0.42	-0.5	0.64	0.64
Common Stock	0.62	-0.16	0.96	0.57	0.98	-0.39	-0.95	0.96	0.45	0.59	-0.82	0.41	0.7	0.99	-0.46	0.99	0.97	0.49		0.84	0.56	0.86	0.94	-0.95	-0.2	0.89
Other Current Assets	0.58	0.02	0.85	0.54	0.85	-0.46	-0.81	0.87	0.49	0.47	-0.68	0.47	0.49	0.88	-0.39	0.84	0.85	0.53	0.84		0.51	0.78	0.85	-0.78	-0.06	0.75
Other Assets	0.02	0.01	0.66	-0.01	0.52	0.05	-0.53	0.56	0.01	0.01	-0.31	-0.01	0.06	0.55	-0.56	0.58	0.62	0.02	0.56	0.51		0.58	0.5	-0.43	-0.33	0.33
Capital Surpluse	0.32	-0.15	0.88	0.26	0.86	-0.1	-0.93	0.86	0.15	0.45	-0.61	0.05	0.6	0.83	-0.53	0.89	0.89	0.14	0.86	0.78	0.58		0.92	-0.88	-0.36	0.76
Inventory	0.63	-0.19	0.89	0.58	0.95	-0.35	-0.9	0.88	0.4	0.71	-0.75	0.33	0.74	0.91	-0.38	0.92	0.92	0.42	0.94	0.85	0.5	0.92		-0.93	-0.18	0.9
Short Term Investments	-0.65	0.18	-0.88	-0.61	-0.95	0.47	0.9	-0.91	-0.52	-0.65	0.78	-0.42	-0.79	-0.93	0.37	-0.95	-0.9	-0.5	-0.95	-0.78	-0.43	-0.88	-0.93		0.05	-0.96
Cash And Equivalents	0.46	-0.04	-0.29	0.5	-0.21	-0.79	0.4	-0.16	0.76	0.1	0.02	0.69	-0.02	-0.18	0.39	-0.26	-0.31	0.64	-0.2	-0.06	-0.33	-0.36	-0.18	0.05		0.15
Intangible Assets	0.81	-0.19	0.79	0.78	0.92	-0.62	-0.77	0.86	0.66	0.79	-0.76	0.57	0.82	0.87	-0.21	0.86	0.83	0.64	0.89	0.75	0.33	0.76	0.9	-0.96	0.15

Click cells to compare fundamentals

Xtract One Account Relationship Matchups

Xtract One fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	66.0M	49.4M	18.1M	19.0M	21.8M	22.4M
Total Current Liabilities	3.2M	1.9M	3.2M	4.1M	4.8M	5.0M
Total Stockholder Equity	62.2M	46.8M	14.5M	14.7M	17.0M	20.7M
Property Plant And Equipment Net	2.5M	2.4M	2.1M	2.4M	2.7M	2.8M
Net Debt	(21.4M)	(8.7M)	(5.6M)	(8.0M)	(7.2M)	(7.5M)
Retained Earnings	(62.9M)	(79.4M)	(119.2M)	(135.5M)	(122.0M)	(115.9M)
Accounts Payable	2.3M	1.3M	2.6M	2.5M	2.9M	3.0M
Cash	22.4M	9.7M	6.3M	8.3M	9.6M	10.3M
Non Current Assets Total	35.5M	34.7M	8.1M	7.2M	8.3M	8.7M
Cash And Short Term Investments	26.4M	9.7M	6.3M	8.3M	9.6M	11.9M
Net Receivables	1.6M	3.3M	1.9M	847.4K	974.5K	833.9K
Common Stock Shares Outstanding	148.7M	150.7M	155.7M	176.7M	203.2M	213.3M
Liabilities And Stockholders Equity	66.0M	49.4M	18.1M	19.0M	21.8M	22.4M
Other Stockholder Equity	10.5M	11.7M	13.9M	14.4M	16.6M	17.4M
Total Liab	3.8M	2.6M	3.5M	4.3M	4.9M	5.1M
Total Current Assets	30.5M	14.7M	9.9M	11.8M	13.6M	13.7M
Other Current Assets	956.6K	355.6K	668.7K	1.0M	1.2M	654.1K
Long Term Debt Total	595.2K	677.3K	356.8K	124.4K	143.0K	275.6K
Capital Surpluse	10.5M	11.7M	13.9M	14.4M	16.6M	11.1M
Inventory	1.5M	1.5M	1.1M	1.6M	1.8M	1.1M
Short Term Debt	418.2K	308.6K	320.4K	232.5K	267.4K	201.1K
Property Plant Equipment	2.5M	2.4M	2.1M	2.4M	2.7M	1.8M
Intangible Assets	7.4M	6.5M	5.6M	4.8M	5.6M	5.9M

Pair Trading with Xtract One

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xtract One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xtract One will appreciate offsetting losses from the drop in the long position's value.

Moving together with Xtract Stock

0.73

CTF-UN

Citadel Income

Pair Corr

Moving against Xtract Stock

0.53

DELX

DelphX Capital Markets Earnings Call Tomorrow

Pair Corr

The ability to find closely correlated positions to Xtract One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtract One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xtract One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xtract One Technologies to buy it.

The correlation of Xtract One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xtract One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtract One Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Xtract One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Xtract Stock

Balance Sheet is a snapshot of the financial position of Xtract One Technologies at a specified time, usually calculated after every quarter, six months, or one year. Xtract One Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xtract One 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 Xtract currently owns. An asset can also be divided into two categories, current and non-current.

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

Xtract Change In Cash vs Free Cash Flow Analysis

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Cash

Free Cash Flow

Xtract One fundamental ratios Correlations

Xtract One Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xtract One fundamental ratios Accounts

Pair Trading with Xtract One

Moving together with Xtract Stock

Moving against Xtract Stock

Other Information on Investing in Xtract Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Other Stockholder Equity

Cash	- 1.0	Net Debt
Other Stockholder Equity	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Intangible Assets	- 0.96	Short Term Investments
Total Current Assets	- 0.96	Net Debt
Short Term Investments	- 0.95	Common Stock