Xtract Retained Earnings vs Cash Analysis

XTRA Stock

0.65 0.02 2.99%

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

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xtract One Technologies Retained Earnings account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Xtract One's Retained Earnings and Cash is -0.21. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Xtract One Technologies, assuming nothing else is changed. The correlation between historical values of Xtract One's Retained Earnings 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 Retained Earnings of Xtract One Technologies 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 Retained Earnings i.e., Xtract One's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Xtract One Technologies, which is listed under current asset account on Xtract One Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xtract One customers. The amounts must be unrestricted with restricted cash listed in a different Xtract One 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 Xtract One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xtract One 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 Xtract One Technologies. 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.

As of the 4th of December 2024, Enterprise Value is likely to grow to about 145.4 M, while Selling General Administrative is likely to drop about 5.6 M.

Xtract One fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	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 Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Other Assets	Capital Surpluse	Inventory	Short Term Investments	Cash And Equivalents	Intangible Assets
Total Assets		-0.18	0.43	1.0	0.64	-0.86	-0.38	0.54	0.87	0.83	-0.69	0.86	0.75	0.63	0.18	0.55	0.48	0.9	0.62	0.58	0.02	0.32	0.63	-0.65	0.46	0.81
Other Current Liab	-0.18		-0.05	-0.18	-0.14	0.12	0.13	-0.06	-0.12	-0.17	0.41	-0.14	-0.19	-0.11	0.27	-0.14	-0.07	-0.15	-0.16	0.02	0.01	-0.15	-0.19	0.18	-0.04	-0.19
Total Current Liabilities	0.43	-0.05		0.38	0.93	-0.24	-0.95	0.98	0.3	0.43	-0.69	0.25	0.5	0.94	-0.57	0.96	0.99	0.33	0.96	0.85	0.66	0.88	0.89	-0.88	-0.29	0.79
Total Stockholder Equity	1.0	-0.18	0.38		0.61	-0.87	-0.33	0.49	0.88	0.82	-0.67	0.88	0.73	0.6	0.21	0.5	0.43	0.91	0.57	0.54	-0.01	0.26	0.58	-0.61	0.5	0.78
Property Plant And Equipment Net	0.64	-0.14	0.93	0.61		-0.37	-0.92	0.93	0.42	0.69	-0.79	0.37	0.75	0.97	-0.4	0.97	0.96	0.46	0.98	0.85	0.52	0.86	0.95	-0.95	-0.21	0.92
Net Debt	-0.86	0.12	-0.24	-0.87	-0.37		0.16	-0.38	-1.0	-0.46	0.51	-0.97	-0.43	-0.42	-0.18	-0.33	-0.24	-0.96	-0.39	-0.46	0.05	-0.1	-0.35	0.47	-0.79	-0.62
Retained Earnings	-0.38	0.13	-0.95	-0.33	-0.92	0.16		-0.93	-0.21	-0.44	0.72	-0.16	-0.61	-0.93	0.56	-0.97	-0.95	-0.25	-0.95	-0.81	-0.53	-0.93	-0.9	0.9	0.4	-0.77
Accounts Payable	0.54	-0.06	0.98	0.49	0.93	-0.38	-0.93		0.43	0.48	-0.73	0.38	0.57	0.95	-0.48	0.96	0.98	0.45	0.96	0.87	0.56	0.86	0.88	-0.91	-0.16	0.86
Cash	0.87	-0.12	0.3	0.88	0.42	-1.0	-0.21	0.43		0.49	-0.55	0.97	0.46	0.47	0.14	0.38	0.3	0.97	0.45	0.49	0.01	0.15	0.4	-0.52	0.76	0.66
Non Current Assets Total	0.83	-0.17	0.43	0.82	0.69	-0.46	-0.44	0.48	0.49		-0.57	0.44	0.87	0.58	0.17	0.54	0.52	0.51	0.59	0.47	0.01	0.45	0.71	-0.65	0.1	0.79
Non Currrent Assets Other	-0.69	0.41	-0.69	-0.67	-0.79	0.51	0.72	-0.73	-0.55	-0.57		-0.57	-0.68	-0.82	0.5	-0.8	-0.71	-0.63	-0.82	-0.68	-0.31	-0.61	-0.75	0.78	0.02	-0.76
Cash And Short Term Investments	0.86	-0.14	0.25	0.88	0.37	-0.97	-0.16	0.38	0.97	0.44	-0.57		0.41	0.45	0.17	0.34	0.26	0.99	0.41	0.47	-0.01	0.05	0.33	-0.42	0.69	0.57
Net Receivables	0.75	-0.19	0.5	0.73	0.75	-0.43	-0.61	0.57	0.46	0.87	-0.68	0.41		0.7	0.07	0.68	0.57	0.49	0.7	0.49	0.06	0.6	0.74	-0.79	-0.02	0.82
Common Stock Shares Outstanding	0.63	-0.11	0.94	0.6	0.97	-0.42	-0.93	0.95	0.47	0.58	-0.82	0.45	0.7		-0.43	0.99	0.95	0.53	0.99	0.88	0.55	0.83	0.91	-0.93	-0.18	0.87
Non Current Liabilities Total	0.18	0.27	-0.57	0.21	-0.4	-0.18	0.56	-0.48	0.14	0.17	0.5	0.17	0.07	-0.43		-0.49	-0.52	0.14	-0.46	-0.39	-0.56	-0.53	-0.38	0.37	0.39	-0.21
Other Stockholder Equity	0.55	-0.14	0.96	0.5	0.97	-0.33	-0.97	0.96	0.38	0.54	-0.8	0.34	0.68	0.99	-0.49		0.97	0.43	0.99	0.84	0.58	0.89	0.92	-0.95	-0.26	0.86
Total Liab	0.48	-0.07	0.99	0.43	0.96	-0.24	-0.95	0.98	0.3	0.52	-0.71	0.26	0.57	0.95	-0.52	0.97		0.33	0.97	0.85	0.62	0.89	0.92	-0.9	-0.31	0.83
Total Current Assets	0.9	-0.15	0.33	0.91	0.46	-0.96	-0.25	0.45	0.97	0.51	-0.63	0.99	0.49	0.53	0.14	0.43	0.33		0.49	0.53	0.02	0.14	0.42	-0.5	0.64	0.64
Common Stock	0.62	-0.16	0.96	0.57	0.98	-0.39	-0.95	0.96	0.45	0.59	-0.82	0.41	0.7	0.99	-0.46	0.99	0.97	0.49		0.84	0.56	0.86	0.94	-0.95	-0.2	0.89
Other Current Assets	0.58	0.02	0.85	0.54	0.85	-0.46	-0.81	0.87	0.49	0.47	-0.68	0.47	0.49	0.88	-0.39	0.84	0.85	0.53	0.84		0.51	0.78	0.85	-0.78	-0.06	0.75
Other Assets	0.02	0.01	0.66	-0.01	0.52	0.05	-0.53	0.56	0.01	0.01	-0.31	-0.01	0.06	0.55	-0.56	0.58	0.62	0.02	0.56	0.51		0.58	0.5	-0.43	-0.33	0.33
Capital Surpluse	0.32	-0.15	0.88	0.26	0.86	-0.1	-0.93	0.86	0.15	0.45	-0.61	0.05	0.6	0.83	-0.53	0.89	0.89	0.14	0.86	0.78	0.58		0.92	-0.88	-0.36	0.76
Inventory	0.63	-0.19	0.89	0.58	0.95	-0.35	-0.9	0.88	0.4	0.71	-0.75	0.33	0.74	0.91	-0.38	0.92	0.92	0.42	0.94	0.85	0.5	0.92		-0.93	-0.18	0.9
Short Term Investments	-0.65	0.18	-0.88	-0.61	-0.95	0.47	0.9	-0.91	-0.52	-0.65	0.78	-0.42	-0.79	-0.93	0.37	-0.95	-0.9	-0.5	-0.95	-0.78	-0.43	-0.88	-0.93		0.05	-0.96
Cash And Equivalents	0.46	-0.04	-0.29	0.5	-0.21	-0.79	0.4	-0.16	0.76	0.1	0.02	0.69	-0.02	-0.18	0.39	-0.26	-0.31	0.64	-0.2	-0.06	-0.33	-0.36	-0.18	0.05		0.15
Intangible Assets	0.81	-0.19	0.79	0.78	0.92	-0.62	-0.77	0.86	0.66	0.79	-0.76	0.57	0.82	0.87	-0.21	0.86	0.83	0.64	0.89	0.75	0.33	0.76	0.9	-0.96	0.15

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Xtract One Account Relationship Matchups

Xtract One fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	66.0M	49.4M	18.1M	19.0M	21.8M	22.4M
Total Current Liabilities	3.2M	1.9M	3.2M	4.1M	4.8M	5.0M
Total Stockholder Equity	62.2M	46.8M	14.5M	14.7M	17.0M	20.7M
Property Plant And Equipment Net	2.5M	2.4M	2.1M	2.4M	2.7M	2.8M
Net Debt	(21.4M)	(8.7M)	(5.6M)	(8.0M)	(7.2M)	(7.5M)
Retained Earnings	(62.9M)	(79.4M)	(119.2M)	(135.5M)	(122.0M)	(115.9M)
Accounts Payable	2.3M	1.3M	2.6M	2.5M	2.9M	3.0M
Cash	22.4M	9.7M	6.3M	8.3M	9.6M	10.3M
Non Current Assets Total	35.5M	34.7M	8.1M	7.2M	8.3M	8.7M
Cash And Short Term Investments	26.4M	9.7M	6.3M	8.3M	9.6M	11.9M
Net Receivables	1.6M	3.3M	1.9M	847.4K	974.5K	833.9K
Common Stock Shares Outstanding	148.7M	150.7M	155.7M	176.7M	203.2M	213.3M
Liabilities And Stockholders Equity	66.0M	49.4M	18.1M	19.0M	21.8M	22.4M
Other Stockholder Equity	10.5M	11.7M	13.9M	14.4M	16.6M	17.4M
Total Liab	3.8M	2.6M	3.5M	4.3M	4.9M	5.1M
Total Current Assets	30.5M	14.7M	9.9M	11.8M	13.6M	13.7M
Other Current Assets	956.6K	355.6K	668.7K	1.0M	1.2M	654.1K
Long Term Debt Total	595.2K	677.3K	356.8K	124.4K	143.0K	275.6K
Capital Surpluse	10.5M	11.7M	13.9M	14.4M	16.6M	11.1M
Inventory	1.5M	1.5M	1.1M	1.6M	1.8M	1.1M
Short Term Debt	418.2K	308.6K	320.4K	232.5K	267.4K	201.1K
Property Plant Equipment	2.5M	2.4M	2.1M	2.4M	2.7M	1.8M
Intangible Assets	7.4M	6.5M	5.6M	4.8M	5.6M	5.9M

Pair Trading with Xtract One

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 Xtract One 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 Xtract One will appreciate offsetting losses from the drop in the long position's value.

Moving against Xtract Stock

0.48

ARA

Aclara Resources

Pair Corr

The ability to find closely correlated positions to Xtract One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtract One 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 Xtract One - 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 Xtract One Technologies to buy it.

The correlation of Xtract One 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 Xtract One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtract One 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 Xtract One 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 Correlation Correlation Matching

Other Information on Investing in Xtract Stock

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

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Xtract Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Xtract One fundamental ratios Correlations

Xtract One Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xtract One fundamental ratios Accounts

Pair Trading with Xtract One

Moving against Xtract Stock

Other Information on Investing in Xtract Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Other Stockholder Equity

Cash	- 1.0	Net Debt
Other Stockholder Equity	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Intangible Assets	- 0.96	Short Term Investments
Total Current Assets	- 0.96	Net Debt
Short Term Investments	- 0.95	Common Stock