XAI Non Current Liabilities Total vs Total Current Assets Analysis

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 Non Current Liabilities Total and its Total Current 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.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XAI Octagon Floating Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between XAI Octagon's Non Current Liabilities Total and Total Current Assets is -0.38. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current 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 Non Current Liabilities Total and Total Current 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 Non Current Liabilities Total of XAI Octagon Floating are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., XAI Octagon's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.

	2021	2022	2023	2024 (projected)
Interest Income	41.2M	56.7M	65.2M	68.5M
Net Interest Income	38.4M	49.1M	56.4M	59.2M

Interest Income Net Interest Income

XAI Octagon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Net Invested Capital	Long Term Investments	Capital Stock	Current Deferred Revenue	Inventory	Other Current Assets
Total Assets		-0.14	0.96	1.0	0.5	-0.81	0.96	-0.7	-0.7	-0.7	0.94	0.8	0.97	1.0	-0.6	0.99	0.9	0.91	-0.97	0.89	0.91	0.91	0.91	-0.72	0.82	-0.88
Other Current Liab	-0.14		-0.27	-0.1	-0.76	-0.06	-0.29	0.46	0.3	0.46	0.05	-0.36	0.05	-0.18	0.53	-0.06	-0.13	-0.19	0.2	0.16	-0.16	-0.19	-0.13	0.4	-0.25	0.26
Total Current Liabilities	0.96	-0.27		0.95	0.53	-0.66	1.0	-0.74	-0.68	-0.74	0.89	0.78	0.87	0.97	-0.66	0.93	0.85	0.87	-0.93	0.89	0.86	0.87	0.84	-0.67	0.86	-0.92
Total Stockholder Equity	1.0	-0.1	0.95		0.45	-0.81	0.95	-0.65	-0.69	-0.65	0.94	0.78	0.97	0.99	-0.55	0.99	0.9	0.91	-0.97	0.9	0.9	0.91	0.9	-0.7	0.83	-0.88
Net Debt	0.5	-0.76	0.53	0.45		-0.52	0.54	-0.87	-0.58	-0.87	0.43	0.74	0.41	0.55	-0.9	0.46	0.45	0.48	-0.51	0.13	0.47	0.48	0.5	-0.72	0.32	-0.33
Retained Earnings	-0.81	-0.06	-0.66	-0.81	-0.52		-0.66	0.68	0.72	0.68	-0.85	-0.79	-0.9	-0.82	0.58	-0.86	-0.78	-0.76	0.8	-0.6	-0.78	-0.76	-0.84	0.75	-0.48	0.5
Accounts Payable	0.96	-0.29	1.0	0.95	0.54	-0.66		-0.74	-0.68	-0.74	0.88	0.78	0.87	0.97	-0.67	0.92	0.84	0.86	-0.93	0.88	0.86	0.86	0.84	-0.67	0.86	-0.92
Cash	-0.7	0.46	-0.74	-0.65	-0.87	0.68	-0.74		0.66	1.0	-0.71	-0.84	-0.63	-0.75	0.99	-0.67	-0.59	-0.61	0.65	-0.49	-0.6	-0.61	-0.64	0.72	-0.45	0.48
Other Assets	-0.7	0.3	-0.68	-0.69	-0.58	0.72	-0.68	0.66		0.66	-0.59	-0.83	-0.68	-0.71	0.62	-0.71	-0.64	-0.66	0.7	-0.52	-0.65	-0.66	-0.69	0.79	-0.5	0.52
Cash And Short Term Investments	-0.7	0.46	-0.74	-0.65	-0.87	0.68	-0.74	1.0	0.66		-0.71	-0.84	-0.63	-0.75	0.99	-0.67	-0.59	-0.61	0.65	-0.49	-0.6	-0.61	-0.64	0.72	-0.45	0.48
Net Receivables	0.94	0.05	0.89	0.94	0.43	-0.85	0.88	-0.71	-0.59	-0.71		0.71	0.96	0.95	-0.6	0.95	0.84	0.82	-0.88	0.87	0.83	0.82	0.85	-0.56	0.71	-0.76
Common Stock Total Equity	0.8	-0.36	0.78	0.78	0.74	-0.79	0.78	-0.84	-0.83	-0.84	0.71		0.76	0.82	-0.79	0.79	0.83	0.84	-0.8	0.59	0.84	0.84	0.87	-0.86	0.66	-0.59
Common Stock Shares Outstanding	0.97	0.05	0.87	0.97	0.41	-0.9	0.87	-0.63	-0.68	-0.63	0.96	0.76		0.96	-0.52	0.99	0.88	0.87	-0.93	0.86	0.88	0.87	0.9	-0.68	0.72	-0.77
Total Liab	1.0	-0.18	0.97	0.99	0.55	-0.82	0.97	-0.75	-0.71	-0.75	0.95	0.82	0.96		-0.65	0.99	0.9	0.9	-0.97	0.87	0.9	0.9	0.9	-0.73	0.82	-0.87
Total Current Assets	-0.6	0.53	-0.66	-0.55	-0.9	0.58	-0.67	0.99	0.62	0.99	-0.6	-0.79	-0.52	-0.65		-0.56	-0.47	-0.5	0.54	-0.38	-0.49	-0.5	-0.53	0.7	-0.35	0.38
Common Stock	0.99	-0.06	0.93	0.99	0.46	-0.86	0.92	-0.67	-0.71	-0.67	0.95	0.79	0.99	0.99	-0.56		0.9	0.9	-0.96	0.88	0.9	0.9	0.91	-0.72	0.78	-0.84
Short Long Term Debt Total	0.9	-0.13	0.85	0.9	0.45	-0.78	0.84	-0.59	-0.64	-0.59	0.84	0.83	0.88	0.9	-0.47	0.9		1.0	-0.94	0.77	1.0	1.0	0.99	-0.66	0.91	-0.83
Non Current Assets Total	0.91	-0.19	0.87	0.91	0.48	-0.76	0.86	-0.61	-0.66	-0.61	0.82	0.84	0.87	0.9	-0.5	0.9	1.0		-0.95	0.77	1.0	1.0	0.99	-0.69	0.92	-0.85
Non Currrent Assets Other	-0.97	0.2	-0.93	-0.97	-0.51	0.8	-0.93	0.65	0.7	0.65	-0.88	-0.8	-0.93	-0.97	0.54	-0.96	-0.94	-0.95		-0.82	-0.95	-0.95	-0.94	0.76	-0.87	0.91
Non Current Liabilities Total	0.89	0.16	0.89	0.9	0.13	-0.6	0.88	-0.49	-0.52	-0.49	0.87	0.59	0.86	0.87	-0.38	0.88	0.77	0.77	-0.82		0.77	0.77	0.75	-0.46	0.79	-0.84
Net Invested Capital	0.91	-0.16	0.86	0.9	0.47	-0.78	0.86	-0.6	-0.65	-0.6	0.83	0.84	0.88	0.9	-0.49	0.9	1.0	1.0	-0.95	0.77		1.0	0.99	-0.69	0.91	-0.83
Long Term Investments	0.91	-0.19	0.87	0.91	0.48	-0.76	0.86	-0.61	-0.66	-0.61	0.82	0.84	0.87	0.9	-0.5	0.9	1.0	1.0	-0.95	0.77	1.0		0.99	-0.69	0.92	-0.85
Capital Stock	0.91	-0.13	0.84	0.9	0.5	-0.84	0.84	-0.64	-0.69	-0.64	0.85	0.87	0.9	0.9	-0.53	0.91	0.99	0.99	-0.94	0.75	0.99	0.99		-0.72	0.86	-0.78
Current Deferred Revenue	-0.72	0.4	-0.67	-0.7	-0.72	0.75	-0.67	0.72	0.79	0.72	-0.56	-0.86	-0.68	-0.73	0.7	-0.72	-0.66	-0.69	0.76	-0.46	-0.69	-0.69	-0.72		-0.48	0.54
Inventory	0.82	-0.25	0.86	0.83	0.32	-0.48	0.86	-0.45	-0.5	-0.45	0.71	0.66	0.72	0.82	-0.35	0.78	0.91	0.92	-0.87	0.79	0.91	0.92	0.86	-0.48		-0.94
Other Current Assets	-0.88	0.26	-0.92	-0.88	-0.33	0.5	-0.92	0.48	0.52	0.48	-0.76	-0.59	-0.77	-0.87	0.38	-0.84	-0.83	-0.85	0.91	-0.84	-0.83	-0.85	-0.78	0.54	-0.94

Click cells to compare fundamentals

XAI Octagon Account Relationship Matchups

XAI Octagon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	124.4M	392.7M	405.0M	543.1M	624.6M	655.8M
Other Current Liab	(3.4M)	(36.2M)	(15.5M)	1.1M	977.5K	1.0M
Total Current Liabilities	3.3M	36.2M	15.5M	37.1M	42.7M	44.9M
Total Stockholder Equity	85.0M	218.6M	226.8M	298.3M	343.0M	360.2M
Net Debt	34.3M	93.1M	111.7M	(1.2M)	(1.4M)	(1.3M)
Retained Earnings	(28.5M)	749.0K	(62.4M)	(52.7M)	(47.4M)	(45.0M)
Accounts Payable	3.3M	36.2M	15.5M	36.1M	41.5M	43.5M
Cash	1.3M	4.7M	1.1M	1.2M	1.1M	1.0M
Other Assets	55.9K	288.6K	650.2K	442.8K	398.5K	378.6K
Cash And Short Term Investments	1.3M	4.7M	1.1M	1.2M	1.1M	1.0M
Net Receivables	1.3M	3.8M	13.6M	20.9M	24.1M	25.3M
Common Stock Shares Outstanding	13.0M	16.4M	33.7M	38.2M	44.0M	46.1M
Liabilities And Stockholders Equity	124.4M	392.7M	405.0M	543.1M	624.6M	655.8M
Total Liab	39.4M	174.1M	178.2M	244.8M	281.5M	295.6M
Total Current Assets	2.6M	8.5M	14.8M	22.1M	19.9M	15.4M
Common Stock	113.5M	217.8M	289.2M	350.9M	403.6M	423.8M
Short Long Term Debt Total	35.6M	97.8M	112.8M	150.3M	172.8M	86.9M
Non Current Assets Total	121.8M	383.8M	389.6M	520.5M	598.6M	304.3M
Non Currrent Assets Other	(121.8M)	(383.8M)	(389.6M)	(520.5M)	(468.5M)	(445.0M)
Non Current Liabilities Total	35.6M	97.8M	15.5M	207.7M	238.8M	250.8M
Net Invested Capital	120.6M	316.4M	339.6M	448.5M	515.8M	267.8M
Long Term Investments	121.8M	383.8M	389.6M	520.5M	598.6M	304.3M
Capital Stock	113.5M	217.8M	289.2M	350.9M	403.6M	209.0M
Inventory	4.9M	32.6M	18.1M	33.1M	38.0M	22.6M
Other Current Assets	(4.9M)	(32.6M)	(18.1M)	(33.1M)	(29.8M)	(31.3M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for XAI Stock Analysis

When running XAI Octagon's price analysis, check to 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC