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 Total Operating Expenses and its Tax Provision 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.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xelpmoc Design And Total Operating Expenses account and
Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Xelpmoc Design's Total Operating Expenses and Tax Provision is -0.78. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision 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 Total Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Xelpmoc Design And are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., Xelpmoc Design's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 167.6M | 142.9M | 17.6M | 16.7M | Cost Of Revenue | 55.8M | 180.9M | 83.1M | 69.6M |
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.