Xerox Non Current Liabilities Total vs Net Receivables Analysis

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 Non Current Liabilities Total and its Net Receivables 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.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xerox Corp Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xerox Corp's Non Current Liabilities Total and Net Receivables is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables 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 Non Current Liabilities Total and Net Receivables 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 Xerox Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Xerox Corp's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Net Receivables

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 Revenue7.0B7.1B6.9B12.3B
Depreciation And Amortization333M280M251M238.5M

Xerox Corp fundamental ratios Correlations

0.960.830.950.920.550.910.830.070.990.620.070.940.940.930.210.760.860.980.850.710.910.880.890.470.03
0.960.750.930.80.360.940.750.080.950.50.080.880.940.890.10.60.830.990.760.660.870.740.790.31-0.02
0.830.750.870.770.750.760.68-0.090.810.38-0.090.720.720.740.470.90.610.820.760.640.710.830.910.620.09
0.950.930.870.840.490.90.80.010.940.50.010.880.860.870.150.740.770.960.810.830.920.830.850.37-0.04
0.920.80.770.840.670.740.840.160.940.730.160.960.870.930.170.840.880.820.920.70.850.930.860.540.08
0.550.360.750.490.670.480.35-0.320.570.55-0.320.550.480.50.720.910.470.430.530.310.480.810.760.890.18
0.910.940.760.90.740.480.65-0.260.920.49-0.260.830.870.810.270.650.750.940.620.60.890.790.790.46-0.01
0.830.750.680.80.840.350.650.280.830.420.280.810.680.81-0.050.610.630.780.820.660.740.710.760.30.28
0.070.08-0.090.010.16-0.32-0.260.280.020.041.00.10.160.22-0.54-0.140.220.040.420.16-0.09-0.16-0.04-0.43-0.03
0.990.950.810.940.940.570.920.830.020.670.020.960.930.940.190.770.870.960.840.710.940.910.890.490.06
0.620.50.380.50.730.550.490.420.040.670.040.720.610.630.160.570.680.510.540.430.710.760.550.390.08
0.070.08-0.090.010.16-0.32-0.260.281.00.020.040.10.160.22-0.54-0.140.220.040.420.16-0.09-0.16-0.04-0.43-0.03
0.940.880.720.880.960.550.830.810.10.960.720.10.920.960.050.740.940.880.880.740.920.890.810.43-0.03
0.940.940.720.860.870.480.870.680.160.930.610.160.920.930.120.650.950.920.840.670.830.770.790.37-0.06
0.930.890.740.870.930.50.810.810.220.940.630.220.960.930.00.710.930.890.920.70.870.820.840.370.03
0.210.10.470.150.170.720.27-0.05-0.540.190.16-0.540.050.120.00.53-0.020.170.01-0.150.10.390.450.810.28
0.760.60.90.740.840.910.650.61-0.140.770.57-0.140.740.650.710.530.640.670.760.560.680.920.860.760.04
0.860.830.610.770.880.470.750.630.220.870.680.220.940.950.93-0.020.640.810.860.670.810.760.690.32-0.18
0.980.990.820.960.820.430.940.780.040.960.510.040.880.920.890.170.670.810.790.690.90.790.850.37-0.01
0.850.760.760.810.920.530.620.820.420.840.540.420.880.840.920.010.760.860.790.730.730.770.790.36-0.04
0.710.660.640.830.70.310.60.660.160.710.430.160.740.670.7-0.150.560.670.690.730.750.650.580.06-0.17
0.910.870.710.920.850.480.890.74-0.090.940.71-0.090.920.830.870.10.680.810.90.730.750.880.780.37-0.01
0.880.740.830.830.930.810.790.71-0.160.910.76-0.160.890.770.820.390.920.760.790.770.650.880.890.680.1
0.890.790.910.850.860.760.790.76-0.040.890.55-0.040.810.790.840.450.860.690.850.790.580.780.890.690.3
0.470.310.620.370.540.890.460.3-0.430.490.39-0.430.430.370.370.810.760.320.370.360.060.370.680.690.24
0.03-0.020.09-0.040.080.18-0.010.28-0.030.060.08-0.03-0.03-0.060.030.280.04-0.18-0.01-0.04-0.17-0.010.10.30.24
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Xerox Corp Account Relationship Matchups

Xerox Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1B14.7B13.2B11.5B10.0B19.2B
Short Long Term Debt Total4.3B4.4B4.2B3.7B3.5B6.8B
Other Current Liab1.2B801M736M841M941M1.6B
Total Current Liabilities3.4B2.5B2.8B3.3B2.8B4.3B
Total Stockholder Equity5.8B5.8B4.7B3.3B2.8B2.6B
Property Plant And Equipment Net941M790M703M611M555M667.9M
Net Debt1.5B1.8B2.4B2.7B2.9B5.8B
Retained Earnings6.3B6.3B5.6B5.1B5.0B5.2B
Cash2.7B2.6B1.8B1.0B519M493.1M
Non Current Assets Total8.9B9.0B8.5B7.4B6.8B11.5B
Non Currrent Assets Other3.4B3.4B3.8B3.2B2.3B2.2B
Cash And Short Term Investments2.7B2.6B1.8B1.0B519M493.1M
Net Receivables2.5B2.1B2.0B2.0B1.8B1.7B
Common Stock Shares Outstanding222.0M211.4M183.2M156.0M149.1M228.1M
Liabilities And Stockholders Equity15.1B14.7B13.2B11.5B10.0B19.2B
Non Current Liabilities Total5.8B6.5B5.7B4.9B4.5B4.2B
Inventory694M843M696M797M661M1.2B
Other Current Assets201M222M200M227M184M174.8M
Other Stockholder Equity2.7B2.4B1.6B1.6B1.1B1.1B
Total Liab9.2B8.9B8.6B8.2B7.2B14.0B
Total Current Assets6.1B5.8B4.7B4.1B3.2B3.0B
Short Term Debt1.0B479M731M928M608M577.6M
Accounts Payable1.1B983M1.1B1.3B1.0B1.2B
Intangible Assets199M237M211M208M245M232.8M
Other Liab2.3B2.1B2.1B1.6B1.4B2.6B
Current Deferred Revenue158M140M194M154M147M292.2M
Other Assets1.4B4.7B2.5B1.5B1.4B2.4B
Long Term Debt3.2B4.1B3.6B2.9B2.7B2.6B
Good Will3.9B4.1B3.3B2.8B2.7B4.8B
Accumulated Other Comprehensive Income(3.6B)(3.3B)(3.0B)(3.5B)(3.7B)(3.9B)
Common Stock215M198M168M156M123M116.9M
Property Plant Equipment745M717M358M535M481.5M457.4M
Common Stock Total Equity255M232M215M198M178.2M169.3M
Property Plant And Equipment Gross1.1B703M611M555M3.4B3.6B
Deferred Long Term Liab176M158M147M135M155.3M163.0M
Net Tangible Assets1.4B1.2B938M220M198M188.1M

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