Xperi Net Tangible Assets vs Total Assets Analysis
XPER Stock | USD 10.29 0.08 0.78% |
Xperi Corp financial indicator trend analysis is more than just analyzing Xperi Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xperi Corp is a good investment. Please check the relationship between Xperi Corp Net Tangible Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xperi Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Xperi Stock, please use our How to Invest in Xperi Corp guide.
Net Tangible Assets vs Total Assets
Net Tangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xperi Corp Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Xperi Corp's Net Tangible Assets and Total Assets is -0.76. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Xperi Corp, assuming nothing else is changed. The correlation between historical values of Xperi Corp's Net Tangible Assets and Total Assets 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 Tangible Assets of Xperi Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Xperi Corp's Net Tangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Assets
Total assets refers to the total amount of Xperi Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Xperi Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Xperi Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xperi Corp 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 Xperi Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Xperi Stock, please use our How to Invest in Xperi Corp guide.As of 12/26/2024, Selling General Administrative is likely to drop to about 131.3 M. In addition to that, Discontinued Operations is likely to drop to about (122 K)
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 360.9M | 379.3M | 270.2M | 234.9M | Total Revenue | 486.5M | 502.3M | 388.8M | 266.2M |
Xperi Corp fundamental ratios Correlations
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Xperi Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xperi Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 2.7B | 1.2B | 736.9M | 673.6M | 734.1M | |
Total Stockholder Equity | 547.9M | 1.5B | 1.0B | 463.4M | 404.2M | 500.5M | |
Other Assets | 98.0M | 155.7M | 152.1M | 35.1M | 40.4M | 40.8M | |
Common Stock Shares Outstanding | 48.8M | 49.1M | 41.7M | 42.0M | 43.0M | 47.1M | |
Liabilities And Stockholders Equity | 1.1B | 2.7B | 1.2B | 736.9M | 673.6M | 734.3M | |
Other Stockholder Equity | 399.6M | 1.2B | 837.9M | 1.1B | 1.2B | 1.3B | |
Total Liab | 502.8M | 1.3B | 212.8M | 287.9M | 286.5M | 235.9M | |
Other Current Liab | 36.9M | 134.8M | 67.6M | 87.9M | 92.9M | 97.6M | |
Total Current Liabilities | 48.1M | 224.7M | 120.0M | 150.2M | 165.1M | 173.4M | |
Accounts Payable | 4.7M | 13.0M | 7.4M | 14.9M | 20.8M | 21.9M | |
Cash | 74.6M | 170.2M | 120.7M | 160.1M | 142.1M | 108.1M | |
Short Term Investments | 46.9M | 86.9M | 60.5M | 29.0M | 26.1M | 24.8M | |
Other Current Assets | 13.7M | 34.0M | 20.9M | 35.5M | 47.5M | 49.8M | |
Common Stock | 64K | 110K | 113K | 42K | 44K | 58.1K | |
Property Plant Equipment | 50.7M | 143.4M | 129.5M | 100.7M | 115.8M | 121.6M | |
Property Plant And Equipment Net | 50.7M | 143.4M | 119.2M | 100.7M | 81.5M | 45.8M | |
Net Debt | 266.0M | 687.1M | (57.0M) | (50.3M) | (46.7M) | (44.4M) | |
Retained Earnings | 148.3M | 264.3M | 187.8M | (668.8M) | (805.4M) | (765.2M) | |
Non Current Assets Total | 766.7M | 2.2B | 951.6M | 404.6M | 356.7M | 449.2M | |
Non Currrent Assets Other | 94.3M | 153.0M | 19.2M | 37.4M | 45.0M | 25.9M | |
Cash And Short Term Investments | 121.5M | 257.1M | 120.7M | 160.1M | 142.1M | 266.2M | |
Net Receivables | 146.0M | 255.2M | 130.5M | 130.0M | 120.1M | 60.5M | |
Common Stock Total Equity | 60K | 62K | 64K | 110K | 126.5K | 132.8K | |
Property Plant And Equipment Gross | 50.7M | 143.4M | 171.7M | 172.5M | 153.2M | 160.9M | |
Total Current Assets | 281.2M | 546.3M | 277.1M | 332.3M | 316.9M | 349.0M | |
Accumulated Other Comprehensive Income | (53K) | 1.3M | (676K) | (4.1M) | (2.9M) | (2.7M) | |
Current Deferred Revenue | 720K | 33.1M | 28.2M | 25.4M | 28.1M | 29.5M | |
Inventory | 11.2M | 9.8M | 5.1M | 6.7M | 7.3M | 5.4M | |
Intangible Assets | 232.3M | 1.0B | 270.9M | 264.4M | 206.9M | 240.0M | |
Non Current Liabilities Total | 454.7M | 1.0B | 92.8M | 137.7M | 121.4M | 237.6M | |
Other Liab | 106.6M | 163.5M | 155.8M | 45.0M | 51.8M | 49.2M | |
Net Tangible Assets | (70.1M) | (394.5M) | (319.4M) | 199.0M | 179.1M | 188.1M | |
Short Long Term Debt Total | 340.5M | 857.2M | 63.7M | 109.9M | 95.4M | 90.6M | |
Long Term Debt | 334.7M | 795.7M | 729.4M | 50M | 45M | 42.8M |
Pair Trading with Xperi Corp
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 Xperi Corp 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 Xperi Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Xperi Stock
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The ability to find closely correlated positions to Xperi Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xperi Corp 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 Xperi Corp - 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 Xperi Corp to buy it.
The correlation of Xperi Corp 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 Xperi Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xperi Corp 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 Xperi Corp 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.Additional Tools for Xperi Stock Analysis
When running Xperi Corp's price analysis, check to measure Xperi Corp's 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 Xperi Corp is operating at the current time. Most of Xperi Corp's value examination focuses on studying past and present price action to predict the probability of Xperi Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xperi Corp's price. Additionally, you may evaluate how the addition of Xperi Corp to your portfolios can decrease your overall portfolio volatility.