Xaar Change To Netincome vs Change To Account Receivables Analysis

XAR Stock   71.20  3.80  5.07%   
Xaar Plc financial indicator trend analysis is more than just analyzing Xaar plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xaar plc is a good investment. Please check the relationship between Xaar Plc Change To Netincome and its Change To Account Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xaar plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change To Netincome vs Change To Account Receivables

Change To Netincome vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xaar plc Change To Netincome account and Change To Account Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xaar Plc's Change To Netincome and Change To Account Receivables is 0.4. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Xaar plc, assuming nothing else is changed. The correlation between historical values of Xaar Plc's Change To Netincome and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Xaar plc are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Netincome i.e., Xaar Plc's Change To Netincome and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Netincome

Change To Account Receivables

Most indicators from Xaar Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xaar plc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xaar plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 647.9 K, whereas Selling General Administrative is forecasted to decline to about 1.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense242K453K562K533.9K
Depreciation And Amortization4.7M4.8M5.5M4.6M

Xaar Plc fundamental ratios Correlations

-0.29-0.010.640.980.87-0.760.860.790.820.950.340.780.660.710.00.570.530.470.080.98-0.410.70.370.770.79
-0.290.320.27-0.41-0.330.72-0.57-0.38-0.56-0.13-0.32-0.580.250.190.89-0.46-0.010.520.58-0.380.830.180.59-0.33-0.55
-0.010.320.33-0.11-0.060.2-0.34-0.18-0.140.07-0.19-0.170.220.350.380.06-0.170.43-0.26-0.060.120.270.2-0.11-0.2
0.640.270.330.490.56-0.240.230.660.370.670.290.30.780.80.470.280.570.930.130.57-0.030.790.520.270.24
0.98-0.41-0.110.490.87-0.810.940.770.840.910.340.820.560.61-0.140.580.470.30.060.98-0.470.610.290.80.84
0.87-0.33-0.060.560.87-0.730.770.740.770.80.260.80.690.75-0.10.450.590.370.050.88-0.420.740.210.440.52
-0.760.720.2-0.24-0.81-0.73-0.81-0.72-0.98-0.62-0.17-0.9-0.27-0.340.44-0.61-0.41-0.020.33-0.810.74-0.350.29-0.6-0.76
0.86-0.57-0.340.230.940.77-0.810.680.790.760.320.820.30.34-0.330.460.290.020.060.88-0.530.340.130.780.84
0.79-0.38-0.180.660.770.74-0.720.680.740.710.560.670.460.54-0.120.540.520.41-0.120.8-0.540.560.160.560.66
0.82-0.56-0.140.370.840.77-0.980.790.740.70.110.90.390.47-0.260.590.490.18-0.230.85-0.640.48-0.170.620.74
0.95-0.130.070.670.910.8-0.620.760.710.70.30.580.670.710.180.430.490.580.110.86-0.310.690.480.80.78
0.34-0.32-0.190.290.340.26-0.170.320.560.110.30.150.150.15-0.30.270.250.09-0.160.35-0.370.190.290.340.39
0.78-0.58-0.170.30.820.8-0.90.820.670.90.580.150.340.41-0.360.580.380.08-0.160.87-0.630.41-0.160.450.59
0.660.250.220.780.560.69-0.270.30.460.390.670.150.340.970.310.280.830.690.390.620.180.970.580.260.22
0.710.190.350.80.610.75-0.340.340.540.470.710.150.410.970.320.340.750.710.260.670.060.990.550.290.26
0.00.890.380.47-0.14-0.10.44-0.33-0.12-0.260.18-0.3-0.360.310.32-0.30.020.740.38-0.130.520.280.55-0.08-0.28
0.57-0.460.060.280.580.45-0.610.460.540.590.430.270.580.280.34-0.30.30.1-0.270.63-0.50.35-0.110.410.51
0.53-0.01-0.170.570.470.59-0.410.290.520.490.490.250.380.830.750.020.30.430.240.540.020.820.270.220.27
0.470.520.430.930.30.37-0.020.020.410.180.580.090.080.690.710.740.10.430.160.360.130.670.540.160.06
0.080.58-0.260.130.060.050.330.06-0.12-0.230.11-0.16-0.160.390.260.38-0.270.240.160.050.790.290.680.03-0.13
0.98-0.38-0.060.570.980.88-0.810.880.80.850.860.350.870.620.67-0.130.630.540.360.05-0.460.670.270.70.75
-0.410.830.12-0.03-0.47-0.420.74-0.53-0.54-0.64-0.31-0.37-0.630.180.060.52-0.50.020.130.79-0.460.070.53-0.35-0.54
0.70.180.270.790.610.74-0.350.340.560.480.690.190.410.970.990.280.350.820.670.290.670.070.550.30.27
0.370.590.20.520.290.210.290.130.16-0.170.480.29-0.160.580.550.55-0.110.270.540.680.270.530.550.340.13
0.77-0.33-0.110.270.80.44-0.60.780.560.620.80.340.450.260.29-0.080.410.220.160.030.7-0.350.30.340.96
0.79-0.55-0.20.240.840.52-0.760.840.660.740.780.390.590.220.26-0.280.510.270.06-0.130.75-0.540.270.130.96
Click cells to compare fundamentals

Xaar Plc Account Relationship Matchups

Xaar Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.9M73.5M103.9M102.4M97.3M73.7M
Short Long Term Debt Total4.0M2.6M9.7M9.2M10.1M10.6M
Other Current Liab5.9M4.9M1.9M12.7M718K682.1K
Total Current Liabilities14.7M15.9M23.0M20.5M18.2M11.7M
Total Stockholder Equity63.9M52.4M68.8M71.8M71.8M59.1M
Property Plant And Equipment Net24.5M19.2M25.6M24.2M22.4M17.9M
Net Debt(20.8M)(15.4M)(15.3M)665K3.0M3.1M
Retained Earnings7.9M(4.8M)10.6M10.3M27.0M27.0M
Accounts Payable8.0M9.9M14.4M6.4M4.3M8.1M
Cash24.8M18.0M25.1M8.5M7.1M6.8M
Non Current Assets Total35.5M24.7M47.4M52.0M45.5M29.6M
Non Currrent Assets Other(1K)10.0M11.9M653K136.0K129.2K
Cash And Short Term Investments25.3M18.1M25.1M9.1M9.5M9.0M
Common Stock Shares Outstanding77.1M77.1M77.5M81.6M78.2M71.9M
Liabilities And Stockholders Equity87.9M73.5M103.9M102.4M97.3M73.7M
Non Current Liabilities Total2.5M1.5M12.2M10.2M7.2M7.6M
Other Current Assets4.4M12.6M4.2M3.4M1.9M1.8M
Other Stockholder Equity26.7M27.4M27.5M11.5M29.4M18.0M
Total Liab17.2M17.4M35.1M30.7M25.4M14.1M
Property Plant And Equipment Gross24.5M19.2M25.6M24.2M102.1M107.2M
Total Current Assets52.4M48.8M56.6M50.5M51.8M44.1M
Accumulated Other Comprehensive Income36.2M22.0M44.7M25.0M7.6M7.9M
Short Term Debt1.5M1.1M692K1.4M3.2M3.4M
Inventory16.2M10.4M18.8M29.1M31.0M32.6M
Intangible Assets5.5M207K4.0M8.7M7.4M9.0M
Other Assets32.3M5.3M215K862K991.3K941.7K
Net Receivables6.4M7.6M6.5M8.8M9.3M10.2M
Good Will5.3M5.2M5.9M7.2M6.9M7.2M
Short Term Investments3.3M522K161K517K2.3M2.2M
Property Plant Equipment24.5M19.2M25.6M24.2M27.8M21.7M
Other Liab4.0M973K3.7M2.4M2.8M1.7M
Net Tangible Assets57.9M47.1M58.9M55.9M50.3M78.4M
Deferred Long Term Liab32.5M32.3M5.2M76K87.4K83.0K
Short Long Term Debt30K33K0.0379K1.4M1.5M

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Other Information on Investing in Xaar Stock

Balance Sheet is a snapshot of the financial position of Xaar plc at a specified time, usually calculated after every quarter, six months, or one year. Xaar Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xaar Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Xaar currently owns. An asset can also be divided into two categories, current and non-current.