Elixinol Total Stockholder Equity vs Short Long Term Debt Total Analysis

EXL Stock   0.05  0.01  31.43%   
Elixinol Wellness financial indicator trend analysis is much more than just examining Elixinol Wellness latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elixinol Wellness is a good investment. Please check the relationship between Elixinol Wellness Total Stockholder Equity and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elixinol Wellness Limited. 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.

Total Stockholder Equity vs Short Long Term Debt Total

Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elixinol Wellness Total Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Elixinol Wellness' Total Stockholder Equity and Short Long Term Debt Total is -0.31. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Elixinol Wellness Limited, assuming nothing else is changed. The correlation between historical values of Elixinol Wellness' Total Stockholder Equity and Short Long Term Debt Total 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 Stockholder Equity of Elixinol Wellness Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Elixinol Wellness' Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Long Term Debt Total

Most indicators from Elixinol Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elixinol Wellness 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 Elixinol Wellness Limited. 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.
At this time, Elixinol Wellness' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 3,150 in 2024, whereas Discontinued Operations is likely to drop (2.4 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses9.4M6.7M3.4M3.2M
Cost Of Revenue15.6M10.3M5.0M4.8M

Elixinol Wellness fundamental ratios Correlations

0.620.630.810.830.770.850.670.730.70.630.680.620.470.130.130.670.660.680.850.59-0.810.690.49-0.320.16
0.621.00.050.880.720.20.930.20.970.990.991.00.490.420.790.990.990.980.741.0-0.380.990.07-0.06-0.02
0.631.00.070.890.730.210.960.230.970.990.991.00.480.410.81.00.980.980.750.99-0.380.990.06-0.08-0.03
0.810.050.070.390.460.920.160.790.180.060.120.050.27-0.11-0.430.110.110.130.550.0-0.730.140.57-0.310.27
0.830.880.890.390.620.60.840.40.850.910.930.90.260.050.520.920.850.950.710.88-0.750.890.26-0.45-0.23
0.770.720.730.460.620.340.790.630.830.680.710.680.850.670.430.720.790.660.980.67-0.270.780.320.290.58
0.850.20.210.920.60.340.230.650.280.240.290.230.08-0.32-0.320.280.220.330.470.18-0.930.270.53-0.58-0.06
0.670.930.960.160.840.790.230.390.910.930.950.930.50.440.790.940.930.910.830.92-0.340.940.06-0.090.04
0.730.20.230.790.40.630.650.390.260.210.250.190.280.05-0.010.250.240.220.740.14-0.460.260.61-0.150.27
0.70.970.970.180.850.830.280.910.260.950.960.960.660.520.670.970.980.940.810.96-0.40.990.140.050.18
0.630.990.990.060.910.680.240.930.210.951.01.00.40.330.791.00.970.990.710.99-0.430.980.09-0.16-0.12
0.680.990.990.120.930.710.290.950.250.961.01.00.440.340.761.00.970.990.750.99-0.470.990.08-0.17-0.08
0.621.01.00.050.90.680.230.930.190.961.01.00.420.360.791.00.980.990.711.0-0.420.990.07-0.13-0.1
0.470.490.480.270.260.850.080.50.280.660.40.440.420.830.20.460.590.380.720.440.030.550.090.630.85
0.130.420.41-0.110.050.67-0.320.440.050.520.330.340.360.830.430.360.520.250.520.390.40.440.020.760.75
0.130.790.8-0.430.520.43-0.320.79-0.010.670.790.760.790.20.430.760.750.710.440.80.140.73-0.10.06-0.18
0.670.991.00.110.920.720.280.940.250.971.01.01.00.460.360.760.980.990.750.99-0.450.990.11-0.13-0.06
0.660.990.980.110.850.790.220.930.240.980.970.970.980.590.520.750.980.950.790.97-0.360.990.090.010.1
0.680.980.980.130.950.660.330.910.220.940.990.990.990.380.250.710.990.950.70.98-0.530.980.11-0.22-0.15
0.850.740.750.550.710.980.470.830.740.810.710.750.710.720.520.440.750.790.70.68-0.410.790.40.10.43
0.591.00.990.00.880.670.180.920.140.960.990.991.00.440.390.80.990.970.980.68-0.370.980.04-0.09-0.08
-0.81-0.38-0.38-0.73-0.75-0.27-0.93-0.34-0.46-0.4-0.43-0.47-0.420.030.40.14-0.45-0.36-0.53-0.41-0.37-0.42-0.350.70.3
0.690.990.990.140.890.780.270.940.260.990.980.990.990.550.440.730.990.990.980.790.98-0.420.12-0.040.05
0.490.070.060.570.260.320.530.060.610.140.090.080.070.090.02-0.10.110.090.110.40.04-0.350.12-0.120.15
-0.32-0.06-0.08-0.31-0.450.29-0.58-0.09-0.150.05-0.16-0.17-0.130.630.760.06-0.130.01-0.220.1-0.090.7-0.04-0.120.8
0.16-0.02-0.030.27-0.230.58-0.060.040.270.18-0.12-0.08-0.10.850.75-0.18-0.060.1-0.150.43-0.080.30.050.150.8
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Elixinol Wellness Account Relationship Matchups

Elixinol Wellness fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets121.1M42.5M25.3M13.5M11.7M11.1M
Other Current Liab3.1M2.1M2.1M1.3M1.6M1.5M
Total Current Liabilities6.0M5.0M4.7M3.4M5.0M4.7M
Total Stockholder Equity111.4M35.7M19.1M9.2M6.5M6.1M
Net Tangible Assets71.4M34.7M18.6M9.0M8.1M7.7M
Retained Earnings(86.5M)(191.1M)(208.1M)(218.6M)(226.2M)(214.8M)
Accounts Payable1.8M1.8M1.4M1.1M1.8M1.7M
Cash20.2M27.7M12.6M2.9M708K672.6K
Other Assets724K4.3M0.0183K1.00.95
Net Receivables1.6M1.2M628K718K1.7M1.6M
Inventory21.3M4.7M2.2M1.7M3.7M3.5M
Other Current Assets8.2M1.9M4.1M4.0M2.1M2.0M
Other Stockholder Equity79K9.0M9.1M9.1M8.2M5.4M
Total Liab9.7M6.8M6.3M4.3M5.2M5.0M
Long Term Investments8.4M2.3M2.6M2.8M2.5M2.4M
Total Current Assets51.4M35.4M19.6M9.3M8.2M7.8M
Short Term Debt989K802K1.2M1.0M1.1M1.0M
Common Stock188.8M217.7M218.1M218.1M222.6M184.2M
Property Plant Equipment17.0M3.9M2.5M1.1M1.0M950.8K
Short Long Term Debt Total4.7M2.7M2.6M1.8M1.3M2.1M
Property Plant And Equipment Net17.0M3.9M2.5M1.1M1.2M1.1M
Current Deferred Revenue157K89K94K22K522K548.1K
Net Debt(15.6M)(25.1M)(10.0M)(1.0M)554K581.7K
Non Current Assets Total69.7M7.1M5.7M4.2M3.5M3.4M
Non Currrent Assets Other(28.2M)(7.1M)(5.6M)(4.1M)54K56.7K
Cash And Short Term Investments20.2M27.7M12.6M2.9M708K672.6K
Common Stock Shares Outstanding197.0M230.7M404.8M406.4M608.7M639.1M
Liabilities And Stockholders Equity121.1M42.5M25.3M13.5M11.7M11.1M
Non Current Liabilities Total3.7M1.8M1.5M887K261K248.0K
Net Invested Capital111.4M35.9M19.8M9.7M7.2M6.8M
Property Plant And Equipment Gross17.0M3.9M6.7M6.4M5.2M7.3M
Net Working Capital45.3M30.4M14.9M5.9M3.2M3.0M
Intangible Assets40.0M917K463K152K2.3M2.2M
Long Term Debt Total3.7M1.7M1.5M818K940.7K1.5M

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