XBP Other Current Assets vs Total Assets Analysis
XBPEW Stock | 0.04 0.01 12.66% |
XBP Europe financial indicator trend analysis is more than just analyzing XBP Europe Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XBP Europe Holdings is a good investment. Please check the relationship between XBP Europe Other Current Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XBP Europe Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XBP Europe Holdings Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between XBP Europe's Other Current Assets and Total Assets is -0.6. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of XBP Europe Holdings, assuming nothing else is changed. The correlation between historical values of XBP Europe's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of XBP Europe Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., XBP Europe's Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Assets
Total assets refers to the total amount of XBP Europe assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in XBP Europe Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from XBP Europe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XBP Europe Holdings 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 XBP Europe Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, XBP Europe's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 40.2 M in 2024, despite the fact that Sales General And Administrative To Revenue is likely to grow to (0).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.1M | 7.2M | 8.3M | 4.2M | Depreciation And Amortization | 4.4M | 3.9M | 3.5M | 4.6M |
XBP Europe fundamental ratios Correlations
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XBP Europe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running XBP Europe's price analysis, check to measure XBP Europe'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 XBP Europe is operating at the current time. Most of XBP Europe's value examination focuses on studying past and present price action to predict the probability of XBP Europe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBP Europe's price. Additionally, you may evaluate how the addition of XBP Europe to your portfolios can decrease your overall portfolio volatility.