XBP Total Current Liabilities vs Non Current Assets Total 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 Total Current Liabilities and its Non Current Assets Total 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.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XBP Europe Holdings Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between XBP Europe's Total Current Liabilities and Non Current Assets Total is 0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Total Current Liabilities and Non Current Assets 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 Current Liabilities of XBP Europe Holdings are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., XBP Europe's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on XBP Europe balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of XBP Europe Holdings 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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 Expense3.1M7.2M8.3M4.2M
Depreciation And Amortization4.4M3.9M3.5M4.6M

XBP Europe fundamental ratios Correlations

0.870.80.940.99-0.70.770.890.810.7-0.660.50.79-0.110.390.50.950.810.850.76-0.44-0.880.70.930.750.84
0.870.980.790.91-0.280.980.690.950.96-0.860.780.980.210.660.780.970.931.00.960.02-0.60.90.990.980.97
0.80.980.670.85-0.170.990.670.980.97-0.930.751.00.170.630.750.910.960.980.980.1-0.470.960.960.990.97
0.940.790.670.93-0.690.670.740.640.61-0.470.60.680.110.530.60.880.710.760.62-0.39-0.860.490.850.650.76
0.990.910.850.93-0.630.830.890.860.76-0.720.570.84-0.060.470.570.960.880.880.8-0.36-0.820.750.950.80.9
-0.7-0.28-0.17-0.69-0.63-0.12-0.75-0.23-0.040.020.14-0.140.530.180.14-0.49-0.25-0.24-0.130.820.82-0.11-0.4-0.09-0.25
0.770.980.990.670.83-0.120.610.960.99-0.90.811.00.260.680.810.910.940.980.980.17-0.450.930.951.00.96
0.890.690.670.740.89-0.750.610.750.51-0.660.170.64-0.50.090.170.780.760.650.61-0.62-0.770.670.760.570.73
0.810.950.980.640.86-0.230.960.750.93-0.940.630.970.00.490.630.910.940.950.97-0.01-0.510.980.940.950.95
0.70.960.970.610.76-0.040.990.510.93-0.860.830.980.340.70.830.870.890.970.970.29-0.370.920.911.00.93
-0.66-0.86-0.93-0.47-0.720.02-0.9-0.66-0.94-0.86-0.59-0.92-0.01-0.49-0.59-0.76-0.92-0.85-0.89-0.050.33-0.94-0.82-0.88-0.9
0.50.780.750.60.570.140.810.170.630.83-0.590.790.750.971.00.660.710.780.720.47-0.210.570.720.820.77
0.790.981.00.680.84-0.141.00.640.970.98-0.920.790.220.670.790.910.950.980.970.13-0.460.940.950.990.98
-0.110.210.170.11-0.060.530.26-0.50.00.34-0.010.750.220.780.750.080.080.240.180.720.22-0.030.130.30.17
0.390.660.630.530.470.180.680.090.490.7-0.490.970.670.780.970.520.650.640.550.49-0.080.420.590.690.7
0.50.780.750.60.570.140.810.170.630.83-0.591.00.790.750.970.660.710.780.720.47-0.210.570.720.820.77
0.950.970.910.880.96-0.490.910.780.910.87-0.760.660.910.080.520.660.860.960.91-0.19-0.770.830.990.890.91
0.810.930.960.710.88-0.250.940.760.940.89-0.920.710.950.080.650.710.860.90.88-0.01-0.460.890.920.920.99
0.851.00.980.760.88-0.240.980.650.950.97-0.850.780.980.240.640.780.960.90.980.06-0.590.90.980.980.94
0.760.960.980.620.8-0.130.980.610.970.97-0.890.720.970.180.550.720.910.880.980.12-0.490.960.940.980.91
-0.440.020.1-0.39-0.360.820.17-0.62-0.010.29-0.050.470.130.720.490.47-0.19-0.010.060.120.70.1-0.110.220.02
-0.88-0.6-0.47-0.86-0.820.82-0.45-0.77-0.51-0.370.33-0.21-0.460.22-0.08-0.21-0.77-0.46-0.59-0.490.7-0.37-0.69-0.42-0.5
0.70.90.960.490.75-0.110.930.670.980.92-0.940.570.94-0.030.420.570.830.890.90.960.1-0.370.870.930.89
0.930.990.960.850.95-0.40.950.760.940.91-0.820.720.950.130.590.720.990.920.980.94-0.11-0.690.870.940.95
0.750.980.990.650.8-0.091.00.570.951.0-0.880.820.990.30.690.820.890.920.980.980.22-0.420.930.940.95
0.840.970.970.760.9-0.250.960.730.950.93-0.90.770.980.170.70.770.910.990.940.910.02-0.50.890.950.95
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XBP Europe Account Relationship Matchups

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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.