Xeros Net Income From Continuing Ops vs Depreciation And Amortization Analysis

XSG Stock   0.40  0.03  6.98%   
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 Net Income From Continuing Ops and its Depreciation And Amortization 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.

Net Income From Continuing Ops vs Depreciation And Amortization

Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xeros Technology Net Income From Continuing Ops account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Xeros Technology's Net Income From Continuing Ops and Depreciation And Amortization is -0.88. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization 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 Net Income From Continuing Ops and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Xeros Technology Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income From Continuing Ops i.e., Xeros Technology's Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

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.
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 18, 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)
 2021 2022 2023 2024 (projected)
Total Operating Expenses7.1M7.4M4.8M4.6M
Cost Of Revenue193K80K203K192.9K

Xeros Technology fundamental ratios Correlations

0.760.711.00.63-0.870.330.80.860.710.950.62-0.52-0.41-0.370.87-0.230.610.431.0-0.460.50.660.850.30.75
0.760.990.720.88-0.64-0.10.730.640.930.660.92-0.3-0.34-0.210.940.230.930.670.71-0.260.820.460.780.590.39
0.710.990.660.88-0.63-0.180.70.620.920.620.92-0.25-0.32-0.160.910.310.950.670.66-0.240.830.390.710.60.3
1.00.720.660.59-0.870.370.790.860.670.960.58-0.54-0.42-0.390.84-0.270.560.391.0-0.470.450.670.840.260.77
0.630.880.880.59-0.57-0.140.590.580.960.520.92-0.18-0.030.120.890.250.920.910.58-0.190.970.240.740.810.32
-0.87-0.64-0.63-0.87-0.57-0.33-0.53-1.0-0.62-0.95-0.660.550.460.37-0.770.17-0.52-0.36-0.860.51-0.52-0.28-0.71-0.37-0.58
0.33-0.1-0.180.37-0.14-0.330.050.31-0.060.38-0.06-0.87-0.56-0.650.15-0.95-0.36-0.30.36-0.72-0.20.330.27-0.210.81
0.80.730.70.790.59-0.530.050.510.670.620.47-0.26-0.26-0.190.72-0.050.640.430.8-0.250.390.850.560.20.55
0.860.640.620.860.58-1.00.310.510.620.940.66-0.53-0.43-0.350.76-0.150.530.370.85-0.50.530.250.70.380.56
0.710.930.920.670.96-0.62-0.060.670.620.60.92-0.28-0.13-0.030.940.160.930.840.66-0.250.910.350.750.640.4
0.950.660.620.960.52-0.950.380.620.940.60.58-0.56-0.47-0.430.78-0.230.50.30.95-0.50.430.470.790.250.69
0.620.920.920.580.92-0.66-0.060.470.660.920.58-0.33-0.3-0.170.910.230.880.730.56-0.290.940.150.730.760.32
-0.52-0.3-0.25-0.54-0.180.55-0.87-0.26-0.53-0.28-0.56-0.330.780.74-0.450.74-0.040.1-0.520.87-0.13-0.38-0.45-0.01-0.82
-0.41-0.34-0.32-0.42-0.030.46-0.56-0.26-0.43-0.13-0.47-0.30.780.89-0.360.41-0.050.37-0.420.750.0-0.37-0.310.03-0.55
-0.37-0.21-0.16-0.390.120.37-0.65-0.19-0.35-0.03-0.43-0.170.740.89-0.280.560.130.44-0.380.530.16-0.4-0.240.19-0.58
0.870.940.910.840.89-0.770.150.720.760.940.780.91-0.45-0.36-0.28-0.010.840.690.82-0.40.820.480.880.60.6
-0.230.230.31-0.270.250.17-0.95-0.05-0.150.16-0.230.230.740.410.56-0.010.440.33-0.260.550.33-0.38-0.140.3-0.74
0.610.930.950.560.92-0.52-0.360.640.530.930.50.88-0.04-0.050.130.840.440.820.55-0.060.880.280.650.660.14
0.430.670.670.390.91-0.36-0.30.430.370.840.30.730.10.370.440.690.330.820.380.120.90.090.570.750.11
1.00.710.661.00.58-0.860.360.80.850.660.950.56-0.52-0.42-0.380.82-0.260.550.38-0.460.430.690.830.250.76
-0.46-0.26-0.24-0.47-0.190.51-0.72-0.25-0.5-0.25-0.5-0.290.870.750.53-0.40.55-0.060.12-0.46-0.14-0.29-0.390.01-0.71
0.50.820.830.450.97-0.52-0.20.390.530.910.430.94-0.130.00.160.820.330.880.90.43-0.140.020.670.850.18
0.660.460.390.670.24-0.280.330.850.250.350.470.15-0.38-0.37-0.40.48-0.380.280.090.69-0.290.020.47-0.090.7
0.850.780.710.840.74-0.710.270.560.70.750.790.73-0.45-0.31-0.240.88-0.140.650.570.83-0.390.670.470.520.65
0.30.590.60.260.81-0.37-0.210.20.380.640.250.76-0.010.030.190.60.30.660.750.250.010.85-0.090.520.08
0.750.390.30.770.32-0.580.810.550.560.40.690.32-0.82-0.55-0.580.6-0.740.140.110.76-0.710.180.70.650.08
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Xeros Technology Account Relationship Matchups

Xeros Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6M6.1M8.4M7.8M3.0M2.9M
Other Current Liab1.2M963K750K633K277K263.2K
Total Current Liabilities2.1M1.5M1.3M1.3M642K609.9K
Total Stockholder Equity5.1M4.5M7.1M5.9M1.6M1.5M
Property Plant And Equipment Net640K272K128K822K901K916.1K
Net Debt(5.3M)(5.1M)(2.5M)(5.8M)(785K)(824.3K)
Retained Earnings(118.5M)(124.8M)(130.8M)(137.8M)(128.8M)(122.4M)
Accounts Payable518K436K439K528K206K195.7K
Cash5.6M5.2M2.5M6.5M1.6M1.5M
Non Current Assets Total783K335K158K827K901K1.5M
Cash And Short Term Investments5.6M5.2M7.8M6.5M1.6M1.5M
Net Receivables584K475K346K387K143K135.9K
Common Stock Total Equity149K386K1.2M3.0M3.4M3.6M
Common Stock Shares Outstanding3.4M16.4M24.3M48.5M151.0M158.5M
Liabilities And Stockholders Equity7.6M6.1M8.4M7.8M3.0M2.9M
Non Current Liabilities Total38K325K57K662K765K803.3K
Other Current Assets252K475K346K387K209K198.6K
Other Stockholder Equity107.0M110.9M118.8M143.5M125.8M75.6M
Total Liab2.5M1.5M1.4M2.0M1.4M2.0M
Property Plant And Equipment Gross640K272K128K822K2.1M2.2M
Total Current Assets6.8M5.7M8.3M7.0M2.1M2.0M
Accumulated Other Comprehensive Income(2.2M)(2.2M)(2.2M)388.0K947K994.4K
Common Stock1.2M3.0M3.6M151K3.7M3.9M
Property Plant Equipment640K272K128K821K944.2K900.6K
Inventory341K96K108K164K159K151.1K
Net Tangible Assets5.1M4.5M7.1M5.9M5.3M5.0M
Non Currrent Assets Other143K63K30K(1K)(900.0)(855.0)
Other Assets143K63K30K6K5.4K5.1K
Capital Surpluse90.4M105.2M109.2M113.1M130.0M106.5M
Net Invested Capital5.1M4.5M7.1M5.9M1.6M1.5M
Net Working Capital4.7M4.2M6.9M5.7M1.5M1.4M
Capital Stock1.2M3.0M3.6M151K135.9K129.1K

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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.