Xcel Other Current Assets vs Other Current Liab Analysis

XEL Stock  USD 67.37  0.29  0.43%   
Xcel Energy financial indicator trend analysis is more than just analyzing Xcel Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xcel Energy is a good investment. Please check the relationship between Xcel Energy Other Current Assets and its Other Current Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xcel Energy. 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.
For more information on how to buy Xcel Stock please use our How to buy in Xcel Stock guide.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xcel Energy Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xcel Energy's Other Current Assets and Other Current Liab is 0.62. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Xcel Energy, assuming nothing else is changed. The correlation between historical values of Xcel Energy's Other Current Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Xcel Energy are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Xcel Energy's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

Most indicators from Xcel Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xcel Energy 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 Xcel Energy. 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.
For more information on how to buy Xcel Stock please use our How to buy in Xcel Stock guide.At this time, Xcel Energy's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 36.2 K this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.0003.
 2021 2022 2023 2024 (projected)
Gross Profit5.3B5.9B5.9B4.1B
Total Revenue13.4B15.3B14.2B8.5B

Xcel Energy fundamental ratios Correlations

0.820.530.360.80.820.60.530.420.810.440.610.10.440.830.620.890.430.920.820.810.580.990.270.950.43
0.820.810.660.931.00.830.810.770.920.620.830.310.620.910.840.790.760.961.00.880.730.810.40.860.74
0.530.810.930.830.810.991.00.990.80.590.990.440.590.80.990.640.740.780.810.760.770.60.260.710.97
0.360.660.930.750.660.910.930.940.680.480.910.420.480.690.890.520.620.620.660.640.740.440.140.580.93
0.80.930.830.750.940.850.830.780.960.550.850.140.550.960.850.880.760.940.930.950.90.810.470.860.79
0.821.00.810.660.940.820.810.760.930.590.820.270.590.920.830.80.780.971.00.890.740.810.410.860.74
0.60.830.990.910.850.820.990.970.820.61.00.460.60.811.00.680.690.810.830.770.770.670.240.760.95
0.530.811.00.930.830.810.990.990.80.590.990.440.590.80.990.640.740.780.810.760.770.60.260.710.97
0.420.770.990.940.780.760.970.990.750.570.970.490.570.730.960.540.720.690.770.690.730.490.250.610.97
0.810.920.80.680.960.930.820.80.750.530.820.130.530.970.830.880.750.930.920.950.790.820.490.870.76
0.440.620.590.480.550.590.60.590.570.530.60.511.00.420.610.250.360.540.630.420.420.460.050.470.48
0.610.830.990.910.850.821.00.990.970.820.60.470.60.811.00.680.690.810.830.770.760.680.230.770.95
0.10.310.440.420.140.270.460.440.490.130.510.470.510.050.47-0.080.00.190.32-0.04-0.040.14-0.50.220.36
0.440.620.590.480.550.590.60.590.570.531.00.60.510.420.610.250.360.540.630.420.420.460.050.470.48
0.830.910.80.690.960.920.810.80.730.970.420.810.050.420.820.940.780.940.910.980.820.840.540.880.77
0.620.840.990.890.850.831.00.990.960.830.611.00.470.610.820.690.690.820.840.780.760.690.240.780.94
0.890.790.640.520.880.80.680.640.540.880.250.68-0.080.250.940.690.590.890.790.920.750.890.480.90.61
0.430.760.740.620.760.780.690.740.720.750.360.690.00.360.780.690.590.710.760.830.780.440.650.490.77
0.920.960.780.620.940.970.810.780.690.930.540.810.190.540.940.820.890.710.960.920.740.920.370.950.7
0.821.00.810.660.931.00.830.810.770.920.630.830.320.630.910.840.790.760.960.870.730.810.40.860.73
0.810.880.760.640.950.890.770.760.690.950.420.77-0.040.420.980.780.920.830.920.870.860.820.590.840.75
0.580.730.770.740.90.740.770.770.730.790.420.76-0.040.420.820.760.750.780.740.730.860.620.530.650.78
0.990.810.60.440.810.810.670.60.490.820.460.680.140.460.840.690.890.440.920.810.820.620.240.970.5
0.270.40.260.140.470.410.240.260.250.490.050.23-0.50.050.540.240.480.650.370.40.590.530.240.180.28
0.950.860.710.580.860.860.760.710.610.870.470.770.220.470.880.780.90.490.950.860.840.650.970.180.62
0.430.740.970.930.790.740.950.970.970.760.480.950.360.480.770.940.610.770.70.730.750.780.50.280.62
Click cells to compare fundamentals

Xcel Energy Account Relationship Matchups

Xcel Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding520M528M540M547M552M383.3M
Total Assets50.4B54.0B57.9B61.2B64.1B32.8B
Short Long Term Debt Total20.3B22.2B24.7B26.0B27.5B28.9B
Other Current Liab1.1B1.2B1.3B1.5B1.9B2.0B
Total Current Liabilities4.6B4.2B5.0B6.1B5.7B4.0B
Total Stockholder Equity13.2B14.6B15.6B16.7B17.6B8.9B
Property Plant And Equipment Net41.2B44.4B46.7B49.5B52.9B55.5B
Net Debt20.0B22.1B24.6B25.9B27.4B28.8B
Retained Earnings5.4B6.0B6.6B7.2B7.9B8.3B
Cash147M248M129M166M111M119.3M
Non Current Assets Total47.3B50.7B53.6B56.0B60.0B63.0B
Non Currrent Assets Other3.4B3.1B3.2B(1.4B)3.6B3.7B
Cash And Short Term Investments147M248M129M166M111M119.3M
Net Receivables1.6B1.6B1.9B2.5B2.2B1.5B
Liabilities And Stockholders Equity50.4B54.0B57.9B61.2B64.1B32.8B
Non Current Liabilities Total32.6B35.1B37.2B38.4B40.8B42.9B
Inventory544M535M631M803M711M543.8M
Other Current Assets488M981M1.6B1.8B1.1B626.5M
Other Stockholder Equity6.7B7.4B7.8B8.2B8.5B5.1B
Total Liab37.2B39.4B42.2B44.5B46.5B23.9B
Total Current Assets3.1B3.3B4.2B5.1B4.1B3.0B
Short Term Debt1.3B1.2B1.8B2.2B1.6B1.6B
Common Stock1.3B1.3B1.4B1.4B1.4B1.1B
Current Deferred Revenue870M1.0B1.0B4.8B17M16.2M
Common Stock Total Equity1.3B1.3B1.4B1.4B1.6B1.2B
Property Plant And Equipment Gross41.2B44.4B67.2B70.6B75.2B78.9B
Other Liab13.6B14.1B14.2B14.5B16.7B17.5B
Other Assets6.3B6.3B6.8B6.5B7.5B4.1B
Long Term Debt17.4B19.6B21.8B22.8B24.9B13.3B
Property Plant Equipment39.5B43.0B45.5B48.3B55.5B28.7B
Short Term Investments55M49M123M279M104M87.7M
Net Tangible Assets13.2B14.6B15.2B16.7B19.2B12.4B
Retained Earnings Total Equity5.4B6.0B6.6B7.2B8.3B4.3B
Long Term Debt Total17.4B19.6B21.8B22.8B26.2B15.5B
Deferred Long Term Liab2.9B2.7B2.7B2.9B3.3B2.1B
Long Term Investments2.8B3.1B3.7B3.3B3.6B2.6B

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When determining whether Xcel Energy is a strong investment it is important to analyze Xcel Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xcel Energy's future performance. For an informed investment choice regarding Xcel Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xcel Energy. 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.
For more information on how to buy Xcel Stock please use our How to buy in Xcel Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xcel Energy. If investors know Xcel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xcel Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.018
Dividend Share
2.163
Earnings Share
3.35
Revenue Per Share
24.665
Quarterly Revenue Growth
(0.01)
The market value of Xcel Energy is measured differently than its book value, which is the value of Xcel that is recorded on the company's balance sheet. Investors also form their own opinion of Xcel Energy's value that differs from its market value or its book value, called intrinsic value, which is Xcel Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xcel Energy's market value can be influenced by many factors that don't directly affect Xcel Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xcel Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xcel Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xcel Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.