Almacenes Capital Stock vs Good Will Analysis

EXTO Stock   3.80  0.01  0.26%   
Almacenes Xito financial indicator trend analysis is way more than just evaluating Almacenes xito SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Almacenes xito SA is a good investment. Please check the relationship between Almacenes Xito Capital Stock and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Capital Stock vs Good Will

Capital Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Almacenes xito SA Capital Stock account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Almacenes Xito's Capital Stock and Good Will is -0.06. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Almacenes xito SA, assuming nothing else is changed. The correlation between historical values of Almacenes Xito's Capital Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Almacenes xito SA are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., Almacenes Xito's Capital Stock and Good Will go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Almacenes Xito's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Almacenes xito SA 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 Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Almacenes Xito's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.15, while Tax Provision is likely to drop about 43.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.4T5.2T4.9T5.2T
Total Revenue16.9T20.6T21.1T21.1T

Almacenes Xito fundamental ratios Correlations

0.97-0.081.00.420.980.930.830.90.860.990.860.810.59-0.31-0.360.990.930.681.01.00.880.650.93-0.370.98
0.970.080.970.310.970.830.810.960.920.980.880.860.48-0.23-0.430.980.980.640.970.950.960.690.97-0.430.93
-0.080.08-0.08-0.080.04-0.27-0.030.170.130.010.130.06-0.130.6-0.37-0.040.09-0.21-0.07-0.150.180.030.11-0.49-0.17
1.00.97-0.080.370.980.940.850.890.840.990.860.780.59-0.3-0.390.990.920.71.00.990.880.650.93-0.380.98
0.420.31-0.080.370.430.360.020.360.450.420.240.530.24-0.180.410.350.370.230.370.420.210.360.310.070.35
0.980.970.040.980.430.870.790.940.891.00.860.840.57-0.2-0.40.980.950.620.980.960.910.620.96-0.470.94
0.930.83-0.270.940.360.870.830.690.640.890.750.590.6-0.44-0.310.910.740.760.930.960.70.580.75-0.180.97
0.830.81-0.030.850.020.790.830.660.520.810.630.410.46-0.03-0.660.80.690.720.840.830.750.410.76-0.540.82
0.90.960.170.890.360.940.690.660.950.940.880.90.49-0.13-0.380.920.990.460.90.860.930.630.97-0.50.83
0.860.920.130.840.450.890.640.520.950.890.840.980.4-0.28-0.20.880.960.450.850.820.90.730.92-0.30.8
0.990.980.010.990.421.00.890.810.940.890.880.830.58-0.23-0.40.990.950.630.990.980.910.640.96-0.440.96
0.860.880.130.860.240.860.750.630.880.840.880.770.5-0.26-0.420.890.880.520.860.830.810.570.85-0.370.84
0.810.860.060.780.530.840.590.410.90.980.830.770.36-0.37-0.020.830.920.410.80.780.840.730.86-0.180.75
0.590.48-0.130.590.240.570.60.460.490.40.580.50.36-0.22-0.220.580.48-0.050.590.60.330.40.52-0.180.58
-0.31-0.230.6-0.3-0.18-0.2-0.44-0.03-0.13-0.28-0.23-0.26-0.37-0.22-0.53-0.35-0.24-0.3-0.3-0.37-0.17-0.38-0.11-0.63-0.44
-0.36-0.43-0.37-0.390.41-0.4-0.31-0.66-0.38-0.2-0.4-0.42-0.02-0.22-0.53-0.37-0.32-0.26-0.39-0.32-0.42-0.09-0.460.71-0.32
0.990.98-0.040.990.350.980.910.80.920.880.990.890.830.58-0.35-0.370.940.650.990.980.90.670.94-0.350.98
0.930.980.090.920.370.950.740.690.990.960.950.880.920.48-0.24-0.320.940.530.930.90.950.650.97-0.430.88
0.680.64-0.210.70.230.620.760.720.460.450.630.520.41-0.05-0.3-0.260.650.530.680.710.60.350.52-0.160.73
1.00.97-0.071.00.370.980.930.840.90.850.990.860.80.59-0.3-0.390.990.930.680.990.890.650.94-0.380.98
1.00.95-0.150.990.420.960.960.830.860.820.980.830.780.6-0.37-0.320.980.90.710.990.840.650.9-0.30.99
0.880.960.180.880.210.910.70.750.930.90.910.810.840.33-0.17-0.420.90.950.60.890.840.570.94-0.490.84
0.650.690.030.650.360.620.580.410.630.730.640.570.730.4-0.38-0.090.670.650.350.650.650.570.610.180.65
0.930.970.110.930.310.960.750.760.970.920.960.850.860.52-0.11-0.460.940.970.520.940.90.940.61-0.540.87
-0.37-0.43-0.49-0.380.07-0.47-0.18-0.54-0.5-0.3-0.44-0.37-0.18-0.18-0.630.71-0.35-0.43-0.16-0.38-0.3-0.490.18-0.54-0.25
0.980.93-0.170.980.350.940.970.820.830.80.960.840.750.58-0.44-0.320.980.880.730.980.990.840.650.87-0.25
Click cells to compare fundamentals

Almacenes Xito Account Relationship Matchups

Almacenes Xito fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9T15.6T16.9T18.2T16.3T23.3T
Short Long Term Debt Total1.5T2.6T2.5T2.2T2.8T3.2T
Other Current Liab118.2B1.1T878.0B421.3B461.2B240.8B
Total Current Liabilities5.9T6.4T6.5T7.4T7.1T10.1T
Total Stockholder Equity7.2T6.2T6.9T5.6T6.1T6.6T
Property Plant And Equipment Net5.1T5.0T5.4T5.9T5.4T5.9T
Current Deferred Revenue903.0B134.2B945.2B171.1B123.0B116.9B
Net Debt(1.0T)171.8B(39.8B)463.4B1.3T1.4T
Accounts Payable4.7T3.9T5.2T5.7T5.2T4.9T
Cash2.6T2.4T2.5T1.7T1.5T2.7T
Non Current Assets Total10.5T10.4T11.1T12.2T11.1T12.9T
Non Currrent Assets Other1.7T1.6T1.8T1.9T57.7B54.8B
Cash And Short Term Investments2.6T2.4T2.5T1.7T1.5T3.0T
Net Receivables768.8B375.0B682.1B826.5B1.2T2.3T
Short Term Investments43.2B4.0B583M5.7B2.5B2.3B
Liabilities And Stockholders Equity15.9T15.6T16.9T18.2T16.3T23.3T
Non Current Liabilities Total1.5T1.8T2.4T2.3T1.8T1.7T
Inventory1.9T1.9T2.1T2.8T2.4T2.7T
Other Current Assets81.3B554.8B491.0B571.5B125.4B119.1B
Total Liab7.4T8.2T8.9T9.7T8.9T13.7T
Total Current Assets5.4T5.3T5.8T5.9T5.3T10.4T
Short Term Debt222.2B1.3T399.2B1.2T1.3T1.0T
Retained Earnings618.0B643.3B888.6B(966.9B)534.3B567.5B
Good Will2.9T2.9T3.0T3.5T3.1T4.1T
Accumulated Other Comprehensive Income1.1T(92.9B)1.1T1.5T1.0T913.8B
Intangible Assets304.2B307.8B364.0B424.7B366.4B348.1B

Pair Trading with Almacenes Xito

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 Almacenes Xito 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 Almacenes Xito will appreciate offsetting losses from the drop in the long position's value.

Moving against Almacenes Stock

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The ability to find closely correlated positions to Almacenes Xito could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almacenes Xito 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 Almacenes Xito - 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 Almacenes xito SA to buy it.
The correlation of Almacenes Xito 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 Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes xito SA 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 Almacenes Xito 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 CorrelationCorrelation Matching
When determining whether Almacenes xito SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Almacenes Xito's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Almacenes Xito Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Almacenes Xito Sa Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Almacenes Xito. If investors know Almacenes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Almacenes Xito listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.04
Revenue Per Share
128.8 K
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0267
Return On Equity
0.0263
The market value of Almacenes xito SA is measured differently than its book value, which is the value of Almacenes that is recorded on the company's balance sheet. Investors also form their own opinion of Almacenes Xito's value that differs from its market value or its book value, called intrinsic value, which is Almacenes Xito's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Almacenes Xito's market value can be influenced by many factors that don't directly affect Almacenes Xito's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Almacenes Xito's value and its price as these two are different measures arrived at by different means. Investors typically determine if Almacenes Xito is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almacenes Xito's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.