Exco Ptb Ratio vs Book Value Per Share Analysis

XTC Stock  CAD 6.44  0.08  1.26%   
Exco Technologies financial indicator trend analysis is much more than just examining Exco Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exco Technologies is a good investment. Please check the relationship between Exco Technologies Ptb Ratio and its Book Value Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exco Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ptb Ratio vs Book Value Per Share

Ptb Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exco Technologies Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Exco Technologies' Ptb Ratio and Book Value Per Share is -0.75. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Exco Technologies Limited, assuming nothing else is changed. The correlation between historical values of Exco Technologies' Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Exco Technologies Limited are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Exco Technologies' Ptb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Exco Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exco Technologies 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 Exco Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Exco Technologies' Tax Provision is very stable compared to the past year. As of the 27th of February 2025, Enterprise Value Over EBITDA is likely to grow to 7.50, while Selling General Administrative is likely to drop about 33.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit130.6M135.1M155.4M80.6M
Total Revenue619.3M637.8M733.5M770.1M

Exco Technologies fundamental ratios Correlations

0.830.00.730.970.960.830.960.7-0.060.99-0.450.630.350.870.980.69-0.170.940.880.970.030.43-0.750.920.77
0.83-0.180.530.680.880.970.680.48-0.250.85-0.690.410.230.980.860.650.070.950.870.780.010.29-0.820.80.67
0.0-0.180.40.03-0.10.010.040.4-0.37-0.020.130.41-0.32-0.17-0.050.29-0.28-0.03-0.160.040.240.280.05-0.02-0.19
0.730.530.40.690.590.60.660.970.150.67-0.130.930.260.530.680.5-0.430.710.460.790.420.48-0.40.620.39
0.970.680.030.690.910.671.00.660.040.95-0.310.630.370.730.930.64-0.270.820.80.950.00.41-0.660.870.74
0.960.88-0.10.590.910.850.910.53-0.160.98-0.60.470.240.920.990.7-0.060.930.960.9-0.110.27-0.870.890.83
0.830.970.010.60.670.850.670.55-0.380.85-0.740.440.090.970.850.70.140.960.850.760.030.42-0.820.830.65
0.960.680.040.661.00.910.670.640.010.96-0.340.60.320.740.930.66-0.250.820.820.93-0.030.43-0.680.880.75
0.70.480.40.970.660.530.550.640.160.63-0.070.940.320.480.620.43-0.480.670.370.770.40.51-0.290.580.28
-0.06-0.25-0.370.150.04-0.16-0.380.010.16-0.130.640.270.49-0.28-0.12-0.34-0.49-0.19-0.270.060.23-0.210.39-0.2-0.11
0.990.85-0.020.670.950.980.850.960.63-0.13-0.540.550.260.890.990.72-0.080.940.910.94-0.050.46-0.80.950.8
-0.45-0.690.13-0.13-0.31-0.6-0.74-0.34-0.070.64-0.540.050.38-0.74-0.55-0.51-0.47-0.6-0.73-0.30.42-0.240.81-0.58-0.53
0.630.410.410.930.630.470.440.60.940.270.550.050.340.380.550.36-0.640.570.320.740.420.35-0.260.440.27
0.350.23-0.320.260.370.240.090.320.320.490.260.380.340.170.28-0.04-0.370.280.110.480.4-0.090.140.150.1
0.870.98-0.170.530.730.920.970.740.48-0.280.89-0.740.380.170.910.670.140.960.920.8-0.110.34-0.860.860.75
0.980.86-0.050.680.930.990.850.930.62-0.120.99-0.550.550.280.910.67-0.080.950.940.94-0.040.35-0.840.920.84
0.690.650.290.50.640.70.70.660.43-0.340.72-0.510.36-0.040.670.67-0.030.680.650.62-0.030.37-0.650.690.43
-0.170.07-0.28-0.43-0.27-0.060.14-0.25-0.48-0.49-0.08-0.47-0.64-0.370.14-0.08-0.03-0.010.09-0.31-0.40.25-0.120.170.24
0.940.95-0.030.710.820.930.960.820.67-0.190.94-0.60.570.280.960.950.68-0.010.880.910.070.41-0.80.90.74
0.880.87-0.160.460.80.960.850.820.37-0.270.91-0.730.320.110.920.940.650.090.880.79-0.210.2-0.950.840.87
0.970.780.040.790.950.90.760.930.770.060.94-0.30.740.480.80.940.62-0.310.910.790.160.36-0.640.840.69
0.030.010.240.420.0-0.110.03-0.030.40.23-0.050.420.420.4-0.11-0.04-0.03-0.40.07-0.210.160.080.28-0.1-0.26
0.430.290.280.480.410.270.420.430.51-0.210.46-0.240.35-0.090.340.350.370.250.410.20.360.08-0.150.650.28
-0.75-0.820.05-0.4-0.66-0.87-0.82-0.68-0.290.39-0.80.81-0.260.14-0.86-0.84-0.65-0.12-0.8-0.95-0.640.28-0.15-0.73-0.79
0.920.8-0.020.620.870.890.830.880.58-0.20.95-0.580.440.150.860.920.690.170.90.840.84-0.10.65-0.730.81
0.770.67-0.190.390.740.830.650.750.28-0.110.8-0.530.270.10.750.840.430.240.740.870.69-0.260.28-0.790.81
Click cells to compare fundamentals

Exco Technologies Account Relationship Matchups

Exco Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets430.1M576.3M612.1M607.0M698.1M733.0M
Short Long Term Debt Total6.5M5.5M114.0M116.4M133.8M140.5M
Other Current Liab29.6M46.3M43.1M858K986.7K937.4K
Total Current Liabilities73.8M107.9M107.2M94.7M108.9M62.9M
Total Stockholder Equity345.1M348.5M371.0M381.3M438.5M460.4M
Property Plant And Equipment Net149.5M207.1M222.4M225.4M259.2M272.2M
Net Debt(18.6M)97.0M100.6M73.4M84.4M88.6M
Retained Earnings289.9M289.7M299.6M310.7M357.3M375.2M
Accounts Payable33.8M51.4M54.0M46.5M53.5M31.6M
Cash24.1M17.0M15.8M31.6M36.4M21.7M
Non Current Assets Total238.4M331.9M345.9M348.3M400.6M420.6M
Cash And Short Term Investments33.1M24.1M17.0M15.8M18.2M21.1M
Net Receivables85.9M108.7M129.2M106.1M122.1M67.6M
Common Stock Shares Outstanding39.3M39.1M38.9M38.6M44.3M44.8M
Liabilities And Stockholders Equity409.8M430.1M576.3M612.1M703.9M739.1M
Non Current Liabilities Total11.3M119.9M133.8M131.0M150.7M158.2M
Inventory77.8M98.0M111.2M110.2M126.8M133.1M
Other Current Assets9.2M4.0M26.1M10.1M11.6M12.1M
Other Stockholder Equity4.7M5.1M5.4M5.8M5.2M9.1M
Total Liab85.1M227.8M241.1M225.7M259.6M272.6M
Property Plant And Equipment Gross354.7M431.3M467.5M493.2M567.2M595.5M
Total Current Assets191.7M244.4M266.2M258.7M297.5M312.4M
Accumulated Other Comprehensive Income10.4M1.1M4.6M16.8M19.4M20.3M
Short Term Debt3.5M5.5M12.4M5.0M4.5M8.1M
Intangible Assets25.8M34.4M30.6M27.8M25.0M24.5M
Non Currrent Assets Other46K(237.1M)(330.2M)(344.4M)(309.9M)(294.4M)
Good Will61.9M88.7M91.3M94.0M108.1M113.5M
Current Deferred Revenue3.6M4.8M3.2M5.2M5.9M6.2M
Common Stock50.5M49.0M49.0M48.8M56.1M52.6M
Other Liab8.9M8.4M11.3M18.3M21.0M22.1M
Net Tangible Assets229.8M235.5M257.4M225.4M259.2M237.0M
Other Assets1.2M1.2M1.3M1.6M1.5M1.4M
Long Term Debt3M0.095M105M120.8M126.8M
Short Long Term Debt3.5M5.5M12.4M5.0M5.7M8.9M
Property Plant Equipment126.8M131.0M149.5M207.1M238.2M141.7M
Long Term Debt Total17.1M3M0.0101.7M116.9M122.7M
Capital Surpluse4.3M4.7M5.1M5.4M6.2M4.8M
Cash And Equivalents26.5M33.1M24.1M17.0M15.3M22.3M
Net Invested Capital350.6M455.9M481.0M486.3M559.2M436.0M

Pair Trading with Exco Technologies

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 Exco Technologies 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 Exco Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Exco Stock

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The ability to find closely correlated positions to Exco Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exco Technologies 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 Exco Technologies - 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 Exco Technologies Limited to buy it.
The correlation of Exco Technologies 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 Exco Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exco Technologies 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 Exco Technologies 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

Other Information on Investing in Exco Stock

Balance Sheet is a snapshot of the financial position of Exco Technologies at a specified time, usually calculated after every quarter, six months, or one year. Exco Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Exco Technologies 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 Exco currently owns. An asset can also be divided into two categories, current and non-current.