XSG Stock | | | 0.38 0.02 5.00% |
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 Income Tax Expense and its Cost Of Revenue 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.
Income Tax Expense vs Cost Of Revenue
Income Tax Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xeros Technology Income Tax Expense account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xeros Technology's Income Tax Expense and Cost Of Revenue is -0.6. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue 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 Income Tax Expense 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 Income Tax Expense of Xeros Technology Group 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 Income Tax Expense i.e., Xeros Technology's Income Tax Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Income Tax Expense
Cost Of Revenue
Cost of Revenue is found on Xeros Technology income statement and represents the costs associated with goods and services Xeros Technology 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 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.
As of December 20, 2024,
Selling General Administrative is expected to decline to about 1.7
M. In addition to that,
Tax Provision is expected to decline to about (546
K)
Xeros Technology fundamental ratios Correlations
Click cells to compare fundamentals
Xeros Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xeros Technology fundamental ratios Accounts
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Other Information on Investing in Xeros Stock
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.