XRX Stock | | | USD 9.14 0.08 0.88% |
Xerox Corp financial indicator trend analysis is more than just analyzing Xerox Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xerox Corp is a good investment. Please check the relationship between Xerox Corp Depreciation And Amortization and its Cost Of Revenue accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xerox Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Xerox Stock please use our
How to Invest in Xerox Corp guide.
Depreciation And Amortization vs Cost Of Revenue
Depreciation And Amortization vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xerox Corp Depreciation And Amortization account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xerox Corp's Depreciation And Amortization and Cost Of Revenue is 0.92. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Xerox Corp, assuming nothing else is changed. The correlation between historical values of Xerox Corp's Depreciation And Amortization and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Xerox Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Depreciation And Amortization i.e., Xerox Corp's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Cost Of Revenue
Cost of Revenue is found on Xerox Corp income statement and represents the costs associated with goods and services Xerox Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Xerox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xerox Corp 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 Xerox Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Xerox Stock please use our
How to Invest in Xerox Corp guide.At this time, Xerox Corp's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 851.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 23.8
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 7.0B | 7.1B | 6.9B | 12.3B | Depreciation And Amortization | 333M | 280M | 251M | 238.5M |
Xerox Corp fundamental ratios Correlations
Click cells to compare fundamentals
Xerox Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xerox Corp fundamental ratios Accounts
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Additional Tools for Xerox Stock Analysis
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predict the probability of Xerox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xerox Corp's price. Additionally, you may evaluate how the addition of Xerox Corp to your portfolios can decrease your overall portfolio volatility.