Elixxer Net Working Capital vs Net Debt Analysis

ELXR Stock

CAD 1.15 0.00 0.00%

Elixxer financial indicator trend analysis is much more than just examining Elixxer latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elixxer is a good investment. Please check the relationship between Elixxer Net Working Capital and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elixxer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Working Capital vs Net Debt

Net Working Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elixxer Net Working Capital account and Net Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Elixxer's Net Working Capital and Net Debt is 0.02. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Elixxer, assuming nothing else is changed. The correlation between historical values of Elixxer's Net Working Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Elixxer are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Working Capital i.e., Elixxer's Net Working Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Working Capital

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Elixxer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elixxer 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elixxer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative is likely to climb to about 3.4 M in 2024

	2023	2024 (projected)
Total Operating Expenses	2.6M	3.8M
Cost Of Revenue	11.9M	6.4M

Total Operating Expenses Cost Of Revenue

Elixxer fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Net Tangible Assets	Non Currrent Assets Other	Other Assets	Other Stockholder Equity	Capital Stock	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Property Plant And Equipment Gross	Long Term Debt
Total Assets		0.72	0.65	-0.48	0.2	0.35	0.61	0.5	0.2	0.67	0.99	0.8	0.44	-0.48	-0.48	0.1	-0.52	0.24	0.42	0.42	-0.44	-0.05	-0.1	-0.05	0.1
Total Current Liabilities	0.72		-0.04	-0.85	0.66	-0.31	0.48	0.21	0.26	0.96	0.61	0.96	0.2	-0.81	-0.91	-0.3	-0.9	-0.23	0.83	0.83	-0.87	-0.45	-0.45	-0.45	-0.3
Total Stockholder Equity	0.65	-0.04		0.26	-0.52	0.82	0.2	0.49	0.06	-0.13	0.76	0.09	0.46	0.23	0.27	0.47	0.27	0.65	-0.34	-0.33	0.3	0.43	0.35	0.43	0.47
Retained Earnings	-0.48	-0.85	0.26		-0.86	0.51	-0.28	0.3	-0.47	-0.87	-0.34	-0.73	-0.34	0.56	0.94	0.52	0.97	0.48	-0.96	-0.96	0.97	0.83	0.8	0.83	0.52
Accounts Payable	0.2	0.66	-0.52	-0.86		-0.68	0.33	-0.35	0.34	0.8	0.06	0.57	0.07	-0.56	-0.79	-0.4	-0.87	-0.51	0.93	0.93	-0.87	-0.78	-0.71	-0.78	-0.4
Cash	0.35	-0.31	0.82	0.51	-0.68		0.1	0.57	-0.47	-0.35	0.46	-0.18	-0.04	0.22	0.55	0.43	0.57	0.38	-0.61	-0.61	0.6	0.68	0.66	0.68	0.43
Net Receivables	0.61	0.48	0.2	-0.28	0.33	0.1		0.57	-0.13	0.6	0.58	0.7	-0.04	-0.67	-0.17	0.06	-0.41	0.08	0.32	0.31	-0.21	0.11	0.11	0.11	0.06
Common Stock Shares Outstanding	0.5	0.21	0.49	0.3	-0.35	0.57	0.57		-0.58	0.17	0.55	0.4	-0.36	-0.49	0.19	0.47	0.17	0.41	-0.3	-0.3	0.28	0.77	0.76	0.77	0.47
Short Term Investments	0.2	0.26	0.06	-0.47	0.34	-0.47	-0.13	-0.58		0.2	0.17	0.18	0.89	0.28	-0.46	-0.17	-0.47	0.18	0.49	0.5	-0.52	-0.69	-0.78	-0.69	-0.17
Total Liab	0.67	0.96	-0.13	-0.87	0.8	-0.35	0.6	0.17	0.2		0.55	0.94	0.11	-0.85	-0.88	-0.28	-0.93	-0.3	0.88	0.88	-0.87	-0.48	-0.45	-0.48	-0.28
Net Invested Capital	0.99	0.61	0.76	-0.34	0.06	0.46	0.58	0.55	0.17	0.55		0.71	0.45	-0.38	-0.34	0.21	-0.38	0.36	0.28	0.28	-0.31	0.07	0.01	0.07	0.21
Short Long Term Debt	0.8	0.96	0.09	-0.73	0.57	-0.18	0.7	0.4	0.18	0.94	0.71		0.18	-0.85	-0.77	-0.18	-0.83	-0.09	0.73	0.73	-0.74	-0.27	-0.28	-0.27	-0.18
Total Current Assets	0.44	0.2	0.46	-0.34	0.07	-0.04	-0.04	-0.36	0.89	0.11	0.45	0.18		0.36	-0.28	-0.11	-0.31	0.3	0.3	0.3	-0.33	-0.48	-0.59	-0.48	-0.11
Net Working Capital	-0.48	-0.81	0.23	0.56	-0.56	0.22	-0.67	-0.49	0.28	-0.85	-0.38	-0.85	0.36		0.61	0.19	0.66	0.33	-0.58	-0.57	0.57	0.08	0.02	0.08	0.19
Net Tangible Assets	-0.48	-0.91	0.27	0.94	-0.79	0.55	-0.17	0.19	-0.46	-0.88	-0.34	-0.77	-0.28	0.61		0.44	0.95	0.39	-0.93	-0.93	0.98	0.73	0.71	0.73	0.44
Non Currrent Assets Other	0.1	-0.3	0.47	0.52	-0.4	0.43	0.06	0.47	-0.17	-0.28	0.21	-0.18	-0.11	0.19	0.44		0.47	0.86	-0.5	-0.49	0.46	0.61	0.63	0.61	1.0
Other Assets	-0.52	-0.9	0.27	0.97	-0.87	0.57	-0.41	0.17	-0.47	-0.93	-0.38	-0.83	-0.31	0.66	0.95	0.47		0.39	-0.97	-0.97	0.97	0.75	0.74	0.75	0.47
Other Stockholder Equity	0.24	-0.23	0.65	0.48	-0.51	0.38	0.08	0.41	0.18	-0.3	0.36	-0.09	0.3	0.33	0.39	0.86	0.39		-0.47	-0.45	0.41	0.52	0.45	0.52	0.86
Capital Stock	0.42	0.83	-0.34	-0.96	0.93	-0.61	0.32	-0.3	0.49	0.88	0.28	0.73	0.3	-0.58	-0.93	-0.5	-0.97	-0.47		1.0	-0.98	-0.82	-0.8	-0.82	-0.5
Common Stock	0.42	0.83	-0.33	-0.96	0.93	-0.61	0.31	-0.3	0.5	0.88	0.28	0.73	0.3	-0.57	-0.93	-0.49	-0.97	-0.45	1.0		-0.98	-0.82	-0.8	-0.82	-0.49
Property Plant Equipment	-0.44	-0.87	0.3	0.97	-0.87	0.6	-0.21	0.28	-0.52	-0.87	-0.31	-0.74	-0.33	0.57	0.98	0.46	0.97	0.41	-0.98	-0.98		0.81	0.79	0.81	0.46
Property Plant And Equipment Net	-0.05	-0.45	0.43	0.83	-0.78	0.68	0.11	0.77	-0.69	-0.48	0.07	-0.27	-0.48	0.08	0.73	0.61	0.75	0.52	-0.82	-0.82	0.81		0.98	1.0	0.61
Net Debt	-0.1	-0.45	0.35	0.8	-0.71	0.66	0.11	0.76	-0.78	-0.45	0.01	-0.28	-0.59	0.02	0.71	0.63	0.74	0.45	-0.8	-0.8	0.79	0.98		0.98	0.63
Property Plant And Equipment Gross	-0.05	-0.45	0.43	0.83	-0.78	0.68	0.11	0.77	-0.69	-0.48	0.07	-0.27	-0.48	0.08	0.73	0.61	0.75	0.52	-0.82	-0.82	0.81	1.0	0.98		0.61
Long Term Debt	0.1	-0.3	0.47	0.52	-0.4	0.43	0.06	0.47	-0.17	-0.28	0.21	-0.18	-0.11	0.19	0.44	1.0	0.47	0.86	-0.5	-0.49	0.46	0.61	0.63	0.61

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Elixxer Net Working Capital vs Net Debt Analysis

Net Working Capital vs Net Debt

Net Working Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Working Capital

Net Debt

Elixxer fundamental ratios Correlations

Elixxer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Non Currrent Assets Other
Common Stock	+ 1.0	Capital Stock
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets
Property Plant Equipment	+ 0.98	Net Tangible Assets
Net Debt	+ 0.98	Property Plant And Equipment Net

Property Plant Equipment	- 0.98	Common Stock
Property Plant Equipment	- 0.98	Capital Stock
Common Stock	- 0.97	Other Assets
Capital Stock	- 0.97	Other Assets
Common Stock	- 0.96	Retained Earnings
Capital Stock	- 0.96	Retained Earnings