| XELPMOC Stock | | | 135.96 2.43 1.76% |
Xelpmoc Design financial indicator trend analysis is more than just analyzing Xelpmoc Design And current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xelpmoc Design And is a good investment. Please check the relationship between Xelpmoc Design Net Borrowings and its Capital Expenditures accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xelpmoc Design And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Net Borrowings vs Capital Expenditures
Net Borrowings vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xelpmoc Design And Net Borrowings account and
Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xelpmoc Design's Net Borrowings and Capital Expenditures is -0.47. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Xelpmoc Design And, assuming nothing else is changed. The correlation between historical values of Xelpmoc Design's Net Borrowings and Capital Expenditures 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 Borrowings of Xelpmoc Design And are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Borrowings i.e., Xelpmoc Design's Net Borrowings and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.47 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Capital Expenditures
Capital Expenditures are funds used by Xelpmoc Design And to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Xelpmoc Design operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Xelpmoc Design's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xelpmoc Design And 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 Xelpmoc Design And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At present, Xelpmoc Design's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Xelpmoc Design fundamental ratios Correlations
Click cells to compare fundamentals
Xelpmoc Design Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xelpmoc Design fundamental ratios Accounts
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Other Information on Investing in Xelpmoc Stock
Balance Sheet is a snapshot of the
financial position of Xelpmoc Design And at a specified time, usually calculated after every quarter, six months, or one year. Xelpmoc Design Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xelpmoc Design 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 Xelpmoc currently owns. An asset can also be divided into two categories, current and non-current.