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 Short Term Debt and its Total Current Liabilities 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.
Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xaar plc Short Term Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xaar Plc's Short Term Debt and Total Current Liabilities is -0.03. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Xaar plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Xaar Plc's Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on Xaar Plc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xaar plc 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.
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.
Xaar Plc fundamental ratios Correlations
Click cells to compare fundamentals
Xaar Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xaar Plc fundamental ratios Accounts
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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.