XCHG Gross Profit vs Net Income From Continuing Ops Analysis
| XCH Stock | 1.98 0.10 4.81% |
XCHG Limited financial indicator trend analysis is more than just analyzing XCHG Limited American current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XCHG Limited American is a good investment. Please check the relationship between XCHG Limited Gross Profit and its Net Income From Continuing Ops accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XCHG Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Gross Profit vs Net Income From Continuing Ops
Gross Profit vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XCHG Limited American Gross Profit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between XCHG Limited's Gross Profit and Net Income From Continuing Ops is -0.74. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of XCHG Limited American, assuming nothing else is changed. The correlation between historical values of XCHG Limited's Gross Profit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of XCHG Limited American are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Gross Profit i.e., XCHG Limited's Gross Profit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.74 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of XCHG Limited American minus its cost of goods sold. It is profit before XCHG Limited operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income From Continuing Ops
Most indicators from XCHG Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XCHG Limited American 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 XCHG Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is expected to grow at the current pace this year. The XCHG Limited's current Selling General Administrative is estimated to increase to about 24.5 M
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 67.0K | 194.5K | 175.1K | 160.1K | Interest Income | 200.9K | 100.8K | 90.7K | 137.4K |
XCHG Limited fundamental ratios Correlations
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XCHG Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XCHG Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Electrical Components & Equipment 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 XCHG Limited. If investors know XCHG 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 XCHG Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of XCHG Limited American is measured differently than its book value, which is the value of XCHG that is recorded on the company's balance sheet. Investors also form their own opinion of XCHG Limited's value that differs from its market value or its book value, called intrinsic value, which is XCHG Limited'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 XCHG Limited's market value can be influenced by many factors that don't directly affect XCHG Limited'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 XCHG Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if XCHG Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XCHG Limited'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.