XFOR Property Plant And Equipment Gross vs Cash Analysis

XFOR Stock  USD 0.39  0.04  11.43%   
X4 Pharmaceuticals financial indicator trend analysis is more than just analyzing X4 Pharmaceuticals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X4 Pharmaceuticals is a good investment. Please check the relationship between X4 Pharmaceuticals Property Plant And Equipment Gross and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X4 Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in XFOR Stock, please use our How to Invest in X4 Pharmaceuticals guide.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X4 Pharmaceuticals Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between X4 Pharmaceuticals' Property Plant And Equipment Gross and Cash is 0.7. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of X4 Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of X4 Pharmaceuticals' Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of X4 Pharmaceuticals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., X4 Pharmaceuticals' Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of X4 Pharmaceuticals, which is listed under current asset account on X4 Pharmaceuticals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from X4 Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different X4 Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from X4 Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into X4 Pharmaceuticals 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 X4 Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in XFOR Stock, please use our How to Invest in X4 Pharmaceuticals guide.As of 11/28/2024, Enterprise Value is likely to grow to about 130.6 M, while Selling General Administrative is likely to drop slightly above 19.2 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.9M2.0M419K398.1K
Interest Income10K219K3.3M3.5M

X4 Pharmaceuticals fundamental ratios Correlations

0.850.780.750.940.770.35-0.91-0.780.750.990.90.750.99-0.410.70.550.250.780.780.390.780.99-0.290.630.55
0.850.910.910.670.870.14-0.56-0.890.850.780.850.690.81-0.680.820.710.610.880.880.720.920.82-0.040.740.67
0.780.910.930.560.78-0.14-0.5-0.860.830.710.780.510.74-0.550.790.70.710.790.840.80.820.740.040.770.74
0.750.910.930.50.750.09-0.49-0.870.890.70.670.470.73-0.670.840.720.780.830.840.870.790.740.260.810.8
0.940.670.560.50.630.46-0.96-0.620.560.960.820.730.95-0.180.530.36-0.090.630.630.070.630.94-0.470.440.34
0.770.870.780.750.630.03-0.5-0.740.690.690.880.710.69-0.670.730.460.460.790.780.560.990.7-0.010.520.45
0.350.14-0.140.090.460.03-0.5-0.230.250.430.040.30.43-0.070.20.18-0.320.320.23-0.220.040.43-0.160.220.17
-0.91-0.56-0.5-0.49-0.96-0.5-0.50.55-0.53-0.95-0.71-0.59-0.940.1-0.48-0.310.08-0.55-0.55-0.07-0.5-0.930.37-0.44-0.37
-0.78-0.89-0.86-0.87-0.62-0.74-0.230.55-0.98-0.74-0.68-0.5-0.770.64-0.96-0.9-0.53-0.98-0.99-0.65-0.78-0.780.06-0.94-0.89
0.750.850.830.890.560.690.25-0.53-0.980.710.640.480.74-0.710.950.920.610.960.960.710.730.750.040.970.93
0.990.780.710.70.960.690.43-0.95-0.740.710.840.71.0-0.330.670.50.160.740.740.320.71.0-0.290.60.53
0.90.850.780.670.820.880.04-0.71-0.680.640.840.850.83-0.510.60.450.310.690.710.430.880.83-0.270.480.39
0.750.690.510.470.730.710.3-0.59-0.50.480.70.850.69-0.430.360.30.110.550.540.210.70.69-0.190.290.19
0.990.810.740.730.950.690.43-0.94-0.770.741.00.830.69-0.360.690.550.210.760.760.360.711.0-0.290.640.57
-0.41-0.68-0.55-0.67-0.18-0.67-0.070.10.64-0.71-0.33-0.51-0.43-0.36-0.68-0.66-0.74-0.69-0.63-0.76-0.7-0.37-0.23-0.61-0.58
0.70.820.790.840.530.730.2-0.48-0.960.950.670.60.360.69-0.680.850.540.960.950.650.760.70.050.90.86
0.550.710.70.720.360.460.18-0.31-0.90.920.50.450.30.55-0.660.850.580.860.870.640.530.56-0.10.970.93
0.250.610.710.78-0.090.46-0.320.08-0.530.610.160.310.110.21-0.740.540.580.480.490.990.510.220.480.580.63
0.780.880.790.830.630.790.32-0.55-0.980.960.740.690.550.76-0.690.960.860.480.990.60.820.77-0.070.90.84
0.780.880.840.840.630.780.23-0.55-0.990.960.740.710.540.76-0.630.950.870.490.990.60.820.77-0.090.920.86
0.390.720.80.870.070.56-0.22-0.07-0.650.710.320.430.210.36-0.760.650.640.990.60.60.610.370.450.670.71
0.780.920.820.790.630.990.04-0.5-0.780.730.70.880.70.71-0.70.760.530.510.820.820.610.72-0.020.570.51
0.990.820.740.740.940.70.43-0.93-0.780.751.00.830.691.0-0.370.70.560.220.770.770.370.72-0.280.650.58
-0.29-0.040.040.26-0.47-0.01-0.160.370.060.04-0.29-0.27-0.19-0.29-0.230.05-0.10.48-0.07-0.090.45-0.02-0.28-0.030.06
0.630.740.770.810.440.520.22-0.44-0.940.970.60.480.290.64-0.610.90.970.580.90.920.670.570.65-0.030.99
0.550.670.740.80.340.450.17-0.37-0.890.930.530.390.190.57-0.580.860.930.630.840.860.710.510.580.060.99
Click cells to compare fundamentals

X4 Pharmaceuticals Account Relationship Matchups

X4 Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets160.7M122.9M117.2M155.6M147.3M102.4M
Short Long Term Debt Total22.9M38.4M39.8M38.4M58.3M29.6M
Other Current Liab6.5M7.2M6.8M10.8M11.7M6.9M
Total Current Liabilities9.4M11.9M14.0M22.3M22.9M13.7M
Total Stockholder Equity129.2M72.8M64.4M74.1M51.1M46.6M
Property Plant And Equipment Net2.4M9.2M10.2M8.3M6.4M4.7M
Net Debt(103.3M)(40.3M)(42.0M)(83.3M)(40.9M)(43.0M)
Retained Earnings(132.0M)(194.2M)(282.9M)(376.7M)(477.9M)(454.0M)
Accounts Payable2.1M3.1M4.3M7.8M8.9M9.4M
Cash126.2M78.7M81.8M121.7M99.2M76.4M
Non Current Assets Total31.4M39.6M29.3M26.9M25.2M19.2M
Non Currrent Assets Other1.9M3.3M1.7M1.2M1.4M1.6M
Cash And Short Term Investments126.2M78.7M81.8M121.7M114.2M78.2M
Net Receivables2.0M917K747K1.2M562K533.9K
Common Stock Shares Outstanding11.5M20.1M25.7M63.5M177.8M186.7M
Liabilities And Stockholders Equity160.7M122.9M117.2M155.6M147.3M102.4M
Non Current Liabilities Total22.0M38.1M38.7M59.2M73.3M42.1M
Other Current Assets1.1M3.7M5.3M5.8M7.3M7.7M
Other Stockholder Equity100.7M267.1M347.4M450.8M529.0M555.4M
Total Liab31.5M50.1M52.8M81.5M96.2M55.9M
Property Plant And Equipment Gross2.4M9.2M10.2M8.3M8.0M4.9M
Total Current Assets129.3M83.3M87.9M128.7M122.1M83.3M
Short Term Debt898K1.6M2.9M3.7M2.2M2.0M
Other Liab16K462K826K23.3M26.8M28.1M
Net Tangible Assets102.1M45.7M47.1M56.7M65.2M68.5M
Long Term Debt20.1M33.2M33.1M32.3M54.6M27.7M
Short Long Term Debt2.3M1.7M795K1.3M1.2M1.8M
Non Current Liabilities Other16K462K826K3.6M432K748K
Property Plant Equipment2.4M9.2M10.2M1.1M1.3M1.2M
Capital Surpluse156.6M261.4M267.1M450.8M518.4M283.1M
Net Invested Capital149.3M106.0M98.3M107.7M105.7M104.9M
Net Working Capital119.8M71.4M73.9M106.4M99.2M89.4M

Pair Trading with X4 Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if X4 Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in X4 Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with XFOR Stock

  0.75FDMT 4D Molecular TherapeuticsPairCorr
  0.7JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.83MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr

Moving against XFOR Stock

  0.81BMY Bristol Myers Squibb Aggressive PushPairCorr
  0.67NAMS NewAmsterdam PharmaPairCorr
  0.5ESLAW Estrella ImmunopharmaPairCorr
  0.45PHVS Pharvaris BVPairCorr
  0.38PMVP Pmv PharmaceuticalsPairCorr
The ability to find closely correlated positions to X4 Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace X4 Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back X4 Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling X4 Pharmaceuticals to buy it.
The correlation of X4 Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as X4 Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if X4 Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for X4 Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for XFOR Stock Analysis

When running X4 Pharmaceuticals' price analysis, check to measure X4 Pharmaceuticals' 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 X4 Pharmaceuticals is operating at the current time. Most of X4 Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of X4 Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X4 Pharmaceuticals' price. Additionally, you may evaluate how the addition of X4 Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.