| XFLT Stock | | | USD 7.05 0.03 0.43% |
XAI Octagon financial indicator trend analysis is more than just analyzing XAI Octagon Floating current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XAI Octagon Floating is a good investment. Please check the relationship between XAI Octagon Net Debt and its Total Assets accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XAI Octagon Floating. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
XAI Octagon Floating Net Debt account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between XAI Octagon's Net Debt and Total Assets is 0.5. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of XAI Octagon Floating, assuming nothing else is changed. The correlation between historical values of XAI Octagon's Net Debt and Total Assets 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 Debt of XAI Octagon Floating are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., XAI Octagon's Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Total Assets
Total assets refers to the total amount of XAI Octagon assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in XAI Octagon Floating books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from XAI Octagon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XAI Octagon Floating 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 XAI Octagon Floating. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, XAI Octagon's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 6.77 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
M in 2024.
XAI Octagon fundamental ratios Correlations
Click cells to compare fundamentals
XAI Octagon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
XAI Octagon fundamental ratios Accounts
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Additional Tools for XAI Stock Analysis
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measure XAI Octagon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XAI Octagon is operating at the current time. Most of XAI Octagon's value examination focuses on studying past and present price action to
predict the probability of XAI Octagon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAI Octagon's price. Additionally, you may evaluate how the addition of XAI Octagon to your portfolios can decrease your overall portfolio volatility.