Xos Net Receivables vs Common Stock Shares Outstanding Analysis

XOS Stock  USD 4.24  0.08  1.92%   
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 Net Receivables and its Common Stock Shares Outstanding 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xos Inc Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xos' Net Receivables and Common Stock Shares Outstanding is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Xos Inc, assuming nothing else is changed. The correlation between historical values of Xos' Net Receivables and Common Stock Shares Outstanding 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 Receivables of Xos Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Xos' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
Tax Provision is likely to gain to about 14.5 K in 2025, whereas Selling General Administrative is likely to drop slightly above 25 M in 2025.
 2022 2023 2024 2025 (projected)
Total Operating Expenses81.3M63.7M73.2M46.8M
Cost Of Revenue66.4M45.8M52.7M27.0M

Xos fundamental ratios Correlations

0.930.920.6-0.720.420.740.640.430.710.620.780.490.730.340.790.520.430.450.670.820.690.530.70.870.7
0.930.870.6-0.620.410.80.740.620.70.710.850.580.770.270.930.530.710.60.580.80.690.580.690.930.89
0.920.870.83-0.790.640.820.790.440.890.80.730.70.790.290.830.740.380.570.80.890.860.740.840.940.56
0.60.60.83-0.70.830.880.910.470.970.940.560.920.810.10.770.930.380.720.790.850.980.920.950.850.27
-0.72-0.62-0.79-0.7-0.25-0.76-0.510.06-0.84-0.52-0.82-0.41-0.86-0.74-0.6-0.43-0.29-0.13-0.97-0.89-0.7-0.41-0.8-0.72-0.35
0.420.410.640.83-0.250.60.830.660.70.880.120.920.42-0.430.560.970.150.850.380.520.820.950.690.640.08
0.740.80.820.88-0.760.60.910.540.920.880.850.810.970.270.910.760.690.690.770.960.940.790.960.940.6
0.640.740.790.91-0.510.830.910.770.870.990.60.970.79-0.10.910.930.640.920.580.80.950.960.880.910.54
0.430.620.440.470.060.660.540.770.370.740.280.740.36-0.540.730.650.670.93-0.030.350.550.730.430.630.63
0.710.70.890.97-0.840.70.920.870.370.880.710.830.890.320.810.830.430.610.90.930.960.830.960.90.38
0.620.710.80.94-0.520.880.880.990.740.880.550.990.76-0.120.870.960.560.910.60.790.960.980.880.90.46
0.780.850.730.56-0.820.120.850.60.280.710.550.410.920.630.820.330.730.320.740.880.640.380.740.820.78
0.490.580.70.92-0.410.920.810.970.740.830.990.410.66-0.240.790.970.50.920.510.690.920.990.830.810.34
0.730.770.790.81-0.860.420.970.790.360.890.760.920.660.470.840.610.660.50.840.970.860.630.930.890.59
0.340.270.290.1-0.74-0.430.27-0.1-0.540.32-0.120.63-0.240.470.16-0.250.12-0.480.670.440.08-0.260.250.210.21
0.790.930.830.77-0.60.560.910.910.730.810.870.820.790.840.160.70.820.770.610.830.830.770.80.970.82
0.520.530.740.93-0.430.970.760.930.650.830.960.330.970.61-0.250.70.310.870.540.690.930.990.830.770.21
0.430.710.380.38-0.290.150.690.640.670.430.560.730.50.660.120.820.310.590.250.530.470.420.480.660.86
0.450.60.570.72-0.130.850.690.920.930.610.910.320.920.5-0.480.770.870.590.210.520.770.920.650.730.48
0.670.580.80.79-0.970.380.770.58-0.030.90.60.740.510.840.670.610.540.250.210.880.760.520.830.730.26
0.820.80.890.85-0.890.520.960.80.350.930.790.880.690.970.440.830.690.530.520.880.90.690.960.920.54
0.690.690.860.98-0.70.820.940.950.550.960.960.640.920.860.080.830.930.470.770.760.90.920.980.910.39
0.530.580.740.92-0.410.950.790.960.730.830.980.380.990.63-0.260.770.990.420.920.520.690.920.820.810.31
0.70.690.840.95-0.80.690.960.880.430.960.880.740.830.930.250.80.830.480.650.830.960.980.820.890.4
0.870.930.940.85-0.720.640.940.910.630.90.90.820.810.890.210.970.770.660.730.730.920.910.810.890.72
0.70.890.560.27-0.350.080.60.540.630.380.460.780.340.590.210.820.210.860.480.260.540.390.310.40.72
Click cells to compare fundamentals

Xos Account Relationship Matchups

Xos fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab12.5M5.4M10.0M8.7M10.1M7.4M
Total Current Liabilities32.9M16.0M45.8M19.6M22.5M22.3M
Net Tangible Assets(10.5M)(27.2M)174.4M112.1M128.9M135.3M
Retained Earnings(27.5M)(4.1M)(77.4M)(153.3M)(137.9M)(131.0M)
Accounts Payable1.2M10.1M2.9M2.8M3.2M3.5M
Inventory1.9M30.9M57.5M37.8M43.5M23.8M
Total Current Assets12.7M166.0M163.2M71.7M82.4M76.4M
Common Stock7K16K17K1K1.2K1.1K
Total Assets13.8M228.7M189.9M93.7M107.7M116.3M
Short Long Term Debt Total18.7M2.1M46.7M30.5M35.1M23.3M
Total Stockholder Equity(27.2M)174.4M112.1M45.2M52.0M64.7M
Property Plant And Equipment Net1.1M7.4M25.1M19.7M22.6M11.9M
Net Debt8.3M(14.1M)11.1M18.9M21.7M22.8M
Cash10.4M16.1M35.6M11.6M13.4M16.2M
Non Current Assets Total1.1M62.7M26.7M22.0M25.3M25.0M
Non Currrent Assets Other(1.1M)506K52.2M2.3M2.7M2.6M
Cash And Short Term Investments10.4M110.8M86.3M11.6M13.4M12.7M
Net Receivables408K3.4M8.2M16.0M18.3M19.3M
Common Stock Shares Outstanding2.4M3.6M5.8M5.8M6.7M4.1M
Liabilities And Stockholders Equity13.8M228.7M189.9M93.7M107.7M116.3M
Non Current Liabilities Total8.0M38.3M32.1M28.9M33.3M25.2M
Other Current Assets56K20.9M11.7M6.3M7.2M8.6M
Other Stockholder Equity(7.6M)178.9M190.2M198.5M228.2M123.3M
Total Liab41.0M54.3M77.9M48.5M55.8M51.7M
Short Term Debt18.5M482K32.9M5.0M5.8M5.5M

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Additional Tools for Xos Stock Analysis

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