Xai Octagon Floating Preferred Stock Current Ratio
| XFLT-PA Preferred Stock | USD 25.25 0.05 0.20% |
XAI Octagon Floating fundamentals help investors to digest information that contributes to XAI Octagon's financial success or failures. It also enables traders to predict the movement of XAI Preferred Stock. The fundamental analysis module provides a way to measure XAI Octagon's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to XAI Octagon preferred stock.
XAI |
XAI Octagon Floating Company Current Ratio Analysis
XAI Octagon's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, XAI Octagon Floating has a Current Ratio of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Current Ratio (which currently averages 0.0) industry. This indicator is about the same for all United States preferred stocks average (which is currently at 0.0).
XAI Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XAI Octagon's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of XAI Octagon could also be used in its relative valuation, which is a method of valuing XAI Octagon by comparing valuation metrics of similar companies.XAI Octagon is currently under evaluation in current ratio category among its peers.
XAI Fundamentals
| Shares Owned By Institutions | 58.00 % | ||||
| Number Of Shares Shorted | 1.22 K | ||||
| Short Ratio | 0.59 X | ||||
| Total Asset | 404.98 M | ||||
| Retained Earnings | (62.4 M) | ||||
| Z Score | -0.22 | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 404.98 M |
About XAI Octagon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XAI Octagon Floating's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XAI Octagon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XAI Octagon Floating based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in XAI Preferred Stock
XAI Octagon financial ratios help investors to determine whether XAI Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in XAI with respect to the benefits of owning XAI Octagon security.