| XELPMOC Stock | | | 138.39 1.26 0.90% |
Xelpmoc Design financial indicator trend analysis is more than just analyzing Xelpmoc Design And current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xelpmoc Design And is a good investment. Please check the relationship between Xelpmoc Design Net Income and its Total Operating Expenses accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xelpmoc Design And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xelpmoc Design And Net Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xelpmoc Design's Net Income and Total Operating Expenses is -0.53. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Xelpmoc Design And, assuming nothing else is changed. The correlation between historical values of Xelpmoc Design's Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Xelpmoc Design And are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Xelpmoc Design's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xelpmoc Design And financial statement analysis. It represents the amount of money remaining after all of Xelpmoc Design And operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Xelpmoc Design's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xelpmoc Design And 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 Xelpmoc Design And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At present, Xelpmoc Design's
Tax Provision is projected to increase significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 167.6M | 142.9M | 17.6M | 16.7M | Cost Of Revenue | 55.8M | 180.9M | 83.1M | 69.6M |
Xelpmoc Design fundamental ratios Correlations
Click cells to compare fundamentals
Xelpmoc Design Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xelpmoc Design fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Xelpmoc Stock
Balance Sheet is a snapshot of the
financial position of Xelpmoc Design And at a specified time, usually calculated after every quarter, six months, or one year. Xelpmoc Design Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xelpmoc Design 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 Xelpmoc currently owns. An asset can also be divided into two categories, current and non-current.