Xos Income Quality vs Pe Ratio Analysis

XOS Stock

USD 3.44 0.07 1.99%

Xos financial indicator trend analysis is more than just analyzing Xos Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xos Inc is a good investment. Please check the relationship between Xos Income Quality and its Pe Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xos Inc. 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.

Income Quality vs Pe Ratio

Income Quality vs Pe Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Inc Income Quality account and Pe Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Xos' Income Quality and Pe Ratio is -0.44. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pe Ratio in the same time period over historical financial statements of Xos Inc, assuming nothing else is changed. The correlation between historical values of Xos' Income Quality and Pe Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Xos Inc are associated (or correlated) with its Pe Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pe Ratio has no effect on the direction of Income Quality i.e., Xos' Income Quality and Pe Ratio go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Pe Ratio

Most indicators from Xos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xos Inc 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 Xos Inc. 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.

Selling General Administrative is likely to drop to about 25 M in 2024. Tax Provision is likely to drop to 6,050 in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	50.8M	81.3M	63.7M	46.8M
Cost Of Revenue	7.4M	66.4M	45.8M	27.0M

Total Operating Expenses Cost Of Revenue

Xos fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Inventory	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Short Term Debt
Other Current Liab		0.9	0.92	0.59	-0.73	0.4	0.71	0.61	0.45	0.71	0.59	0.76	0.47	0.72	0.27	0.76	0.48	0.43	0.44	0.69	0.84	0.65	0.5	0.69	0.85	0.69
Total Current Liabilities	0.9		0.86	0.57	-0.6	0.39	0.8	0.73	0.68	0.68	0.69	0.85	0.57	0.78	0.18	0.93	0.5	0.73	0.61	0.57	0.83	0.67	0.57	0.68	0.93	0.9
Other Liab	0.92	0.86		0.81	-0.77	0.63	0.8	0.78	0.51	0.88	0.79	0.68	0.7	0.76	0.15	0.83	0.72	0.4	0.6	0.8	0.9	0.84	0.73	0.83	0.92	0.57
Net Tangible Assets	0.59	0.57	0.81		-0.68	0.83	0.87	0.91	0.54	0.97	0.94	0.49	0.93	0.79	-0.07	0.76	0.93	0.4	0.75	0.79	0.86	0.98	0.93	0.96	0.83	0.26
Retained Earnings	-0.73	-0.6	-0.77	-0.68		-0.22	-0.69	-0.47	0.0	-0.83	-0.48	-0.75	-0.39	-0.79	-0.66	-0.59	-0.38	-0.32	-0.14	-0.98	-0.83	-0.62	-0.38	-0.72	-0.67	-0.36
Accounts Payable	0.4	0.39	0.63	0.83	-0.22		0.6	0.83	0.69	0.7	0.88	0.07	0.92	0.41	-0.58	0.55	0.97	0.16	0.86	0.37	0.54	0.85	0.95	0.73	0.64	0.08
Inventory	0.71	0.8	0.8	0.87	-0.69	0.6		0.92	0.68	0.9	0.9	0.81	0.83	0.97	0.1	0.93	0.75	0.77	0.77	0.74	0.96	0.92	0.8	0.96	0.93	0.65
Total Current Assets	0.61	0.73	0.78	0.91	-0.47	0.83	0.92		0.83	0.86	0.99	0.57	0.97	0.8	-0.25	0.9	0.92	0.66	0.94	0.58	0.84	0.97	0.96	0.92	0.92	0.54
Common Stock	0.45	0.68	0.51	0.54	0.0	0.69	0.68	0.83		0.45	0.8	0.39	0.78	0.51	-0.54	0.77	0.71	0.68	0.94	0.08	0.52	0.68	0.77	0.59	0.73	0.64
Property Plant Equipment	0.71	0.68	0.88	0.97	-0.83	0.7	0.9	0.86	0.45		0.88	0.65	0.83	0.87	0.16	0.81	0.82	0.46	0.64	0.91	0.93	0.94	0.83	0.96	0.88	0.38
Total Assets	0.59	0.69	0.79	0.94	-0.48	0.88	0.9	0.99	0.8	0.88		0.52	0.99	0.77	-0.27	0.87	0.95	0.58	0.93	0.6	0.82	0.98	0.98	0.92	0.9	0.46
Short Long Term Debt Total	0.76	0.85	0.68	0.49	-0.75	0.07	0.81	0.57	0.39	0.65	0.52		0.38	0.9	0.55	0.83	0.27	0.82	0.35	0.7	0.85	0.56	0.34	0.67	0.8	0.85
Total Stockholder Equity	0.47	0.57	0.7	0.93	-0.39	0.92	0.83	0.97	0.78	0.83	0.99	0.38		0.69	-0.38	0.78	0.98	0.5	0.93	0.53	0.74	0.96	0.99	0.88	0.81	0.33
Property Plant And Equipment Net	0.72	0.78	0.76	0.79	-0.79	0.41	0.97	0.8	0.51	0.87	0.77	0.9	0.69		0.33	0.89	0.6	0.77	0.59	0.81	0.96	0.83	0.65	0.91	0.88	0.67
Net Debt	0.27	0.18	0.15	-0.07	-0.66	-0.58	0.1	-0.25	-0.54	0.16	-0.27	0.55	-0.38	0.33		0.07	-0.43	0.14	-0.54	0.54	0.26	-0.14	-0.41	0.03	0.06	0.22
Cash	0.76	0.93	0.83	0.76	-0.59	0.55	0.93	0.9	0.77	0.81	0.87	0.83	0.78	0.89	0.07		0.69	0.83	0.78	0.63	0.89	0.84	0.76	0.84	0.98	0.82
Non Current Assets Total	0.48	0.5	0.72	0.93	-0.38	0.97	0.75	0.92	0.71	0.82	0.95	0.27	0.98	0.6	-0.43	0.69		0.32	0.89	0.52	0.69	0.94	0.99	0.86	0.76	0.21
Non Currrent Assets Other	0.43	0.73	0.4	0.4	-0.32	0.16	0.77	0.66	0.68	0.46	0.58	0.82	0.5	0.77	0.14	0.83	0.32		0.59	0.33	0.64	0.52	0.43	0.56	0.7	0.86
Cash And Short Term Investments	0.44	0.61	0.6	0.75	-0.14	0.86	0.77	0.94	0.94	0.64	0.93	0.35	0.93	0.59	-0.54	0.78	0.89	0.59		0.27	0.63	0.85	0.93	0.75	0.78	0.48
Net Receivables	0.69	0.57	0.8	0.79	-0.98	0.37	0.74	0.58	0.08	0.91	0.6	0.7	0.53	0.81	0.54	0.63	0.52	0.33	0.27		0.86	0.72	0.52	0.8	0.71	0.3
Common Stock Shares Outstanding	0.84	0.83	0.9	0.86	-0.83	0.54	0.96	0.84	0.52	0.93	0.82	0.85	0.74	0.96	0.26	0.89	0.69	0.64	0.63	0.86		0.89	0.72	0.95	0.94	0.63
Non Current Liabilities Total	0.65	0.67	0.84	0.98	-0.62	0.85	0.92	0.97	0.68	0.94	0.98	0.56	0.96	0.83	-0.14	0.84	0.94	0.52	0.85	0.72	0.89		0.95	0.98	0.9	0.41
Other Current Assets	0.5	0.57	0.73	0.93	-0.38	0.95	0.8	0.96	0.77	0.83	0.98	0.34	0.99	0.65	-0.41	0.76	0.99	0.43	0.93	0.52	0.72	0.95		0.87	0.81	0.31
Other Stockholder Equity	0.69	0.68	0.83	0.96	-0.72	0.73	0.96	0.92	0.59	0.96	0.92	0.67	0.88	0.91	0.03	0.84	0.86	0.56	0.75	0.8	0.95	0.98	0.87		0.89	0.44
Total Liab	0.85	0.93	0.92	0.83	-0.67	0.64	0.93	0.92	0.73	0.88	0.9	0.8	0.81	0.88	0.06	0.98	0.76	0.7	0.78	0.71	0.94	0.9	0.81	0.89		0.74
Short Term Debt	0.69	0.9	0.57	0.26	-0.36	0.08	0.65	0.54	0.64	0.38	0.46	0.85	0.33	0.67	0.22	0.82	0.21	0.86	0.48	0.3	0.63	0.41	0.31	0.44	0.74

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Xos Account Relationship Matchups

Xos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	3.5M	12.5M	5.4M	10.0M	11.8M	7.9M
Total Current Liabilities	6.0M	32.9M	16.0M	45.8M	19.6M	22.3M
Net Tangible Assets	(10.5M)	(27.2M)	174.4M	112.1M	128.9M	135.3M
Retained Earnings	(10.8M)	(27.5M)	(4.1M)	(77.4M)	(153.3M)	(145.6M)
Accounts Payable	1.5M	1.2M	10.1M	2.9M	2.8M	3.5M
Inventory	1.6M	1.9M	30.9M	57.5M	37.8M	23.8M
Total Current Assets	1.8M	12.7M	166.0M	163.2M	71.7M	76.4M
Common Stock	4K	7K	16K	17K	1K	950.0

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