Elixxer Total Current Liabilities vs Common Stock 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 Total Current Liabilities and its Common Stock 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elixxer Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Elixxer's Total Current Liabilities and Common Stock is 0.83. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of Elixxer, assuming nothing else is changed. The correlation between historical values of Elixxer's Total Current Liabilities and Common Stock 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 Liabilities of Elixxer are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Elixxer's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Elixxer balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Elixxer 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.

Common Stock

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

Click cells to compare fundamentals

Elixxer Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Elixxer Stock Analysis

When running Elixxer's price analysis, check to measure Elixxer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elixxer is operating at the current time. Most of Elixxer's value examination focuses on studying past and present price action to predict the probability of Elixxer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elixxer's price. Additionally, you may evaluate how the addition of Elixxer to your portfolios can decrease your overall portfolio volatility.

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

Elixxer Total Current Liabilities vs Common Stock Analysis

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Common Stock

Elixxer fundamental ratios Correlations

Elixxer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Elixxer Stock Analysis

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