Xeros Technology financial indicator trend analysis is more than just analyzing Xeros Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xeros Technology is a good investment. Please check the relationship between Xeros Technology Cash and its Property Plant And Equipment Gross accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xeros Technology Group. 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.
Cash vs Property Plant And Equipment Gross
Cash vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xeros Technology Cash account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak relationship.
The correlation between Xeros Technology's Cash and Property Plant And Equipment Gross is 0.37. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Xeros Technology Group, assuming nothing else is changed. The correlation between historical values of Xeros Technology's Cash and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Xeros Technology Group are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash i.e., Xeros Technology's Cash and Property Plant And Equipment Gross go up and down completely randomly.
Cash refers to the most liquid asset of Xeros Technology, which is listed under current asset account on Xeros Technology Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Xeros Technology customers. The amounts must be unrestricted with restricted cash listed in a different Xeros Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Gross
Most indicators from Xeros Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xeros Technology 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 Xeros Technology Group. 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of Xeros Technology at a specified time, usually calculated after every quarter, six months, or one year. Xeros Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xeros Technology 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 Xeros currently owns. An asset can also be divided into two categories, current and non-current.