Xtant Cash And Short Term Investments vs Net Receivables Analysis

XTNT Stock  USD 0.36  0.00  0.000003%   
Xtant Medical financial indicator trend analysis is more than just analyzing Xtant Medical Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xtant Medical Holdings is a good investment. Please check the relationship between Xtant Medical Cash And Short Term Investments and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xtant Medical Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xtant Medical Holdings Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Xtant Medical's Cash And Short Term Investments and Net Receivables is 0.09. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Xtant Medical Holdings, assuming nothing else is changed. The correlation between historical values of Xtant Medical's Cash And Short Term Investments 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 Cash And Short Term Investments of Xtant Medical Holdings 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 Cash And Short Term Investments i.e., Xtant Medical's Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Xtant Medical Holdings balance sheet. This account contains Xtant Medical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Xtant Medical Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Receivables

Most indicators from Xtant Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xtant Medical Holdings 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 Xtant Medical Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Xtant Medical's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 31.54 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit32.5M32.1M55.5M34.0M
Total Revenue55.3M58.0M91.3M53.7M

Xtant Medical fundamental ratios Correlations

-0.080.830.00.76-0.160.920.090.090.760.090.640.280.150.820.760.780.960.830.940.17-0.240.750.480.150.91
-0.080.170.81-0.54-0.43-0.140.160.160.420.790.560.360.64-0.430.29-0.54-0.09-0.1-0.25-0.33-0.07-0.580.620.35-0.2
0.830.170.050.61-0.340.77-0.04-0.040.70.160.710.460.320.650.720.610.830.790.73-0.03-0.250.530.450.550.66
0.00.810.05-0.62-0.24-0.170.370.370.310.760.410.160.53-0.520.29-0.6-0.01-0.22-0.13-0.18-0.04-0.640.510.39-0.01
0.76-0.540.61-0.620.040.81-0.27-0.270.44-0.40.280.05-0.210.980.340.990.760.770.830.2-0.190.990.13-0.110.73
-0.16-0.43-0.34-0.240.04-0.05-0.57-0.57-0.46-0.72-0.63-0.68-0.95-0.05-0.65-0.02-0.2-0.350.130.620.650.05-0.42-0.390.18
0.92-0.140.77-0.170.81-0.05-0.07-0.070.72-0.030.590.190.020.870.640.820.890.770.880.26-0.150.810.47-0.030.82
0.090.16-0.040.37-0.27-0.57-0.071.00.090.550.150.420.6-0.160.5-0.160.040.11-0.14-0.25-0.33-0.170.010.05-0.15
0.090.16-0.040.37-0.27-0.57-0.071.00.090.550.150.420.6-0.160.5-0.160.040.11-0.14-0.25-0.33-0.170.010.05-0.15
0.760.420.70.310.44-0.460.720.090.090.550.940.310.530.560.770.450.790.610.61-0.16-0.30.410.890.180.6
0.090.790.160.76-0.4-0.72-0.030.550.550.550.680.490.88-0.260.56-0.340.110.1-0.16-0.56-0.44-0.390.720.29-0.14
0.640.560.710.410.28-0.630.590.150.150.940.680.480.710.410.780.30.670.590.45-0.25-0.390.240.90.320.43
0.280.360.460.160.05-0.680.190.420.420.310.490.480.640.130.60.090.160.590.06-0.27-0.490.060.250.24-0.04
0.150.640.320.53-0.21-0.950.020.60.60.530.880.710.64-0.10.66-0.160.190.25-0.14-0.59-0.58-0.230.560.44-0.15
0.82-0.430.65-0.520.98-0.050.87-0.16-0.160.56-0.260.410.13-0.10.440.990.810.830.860.2-0.220.980.25-0.120.76
0.760.290.720.290.34-0.650.640.50.50.770.560.780.60.660.440.40.750.670.49-0.19-0.40.350.580.290.46
0.78-0.540.61-0.60.99-0.020.82-0.16-0.160.45-0.340.30.09-0.160.990.40.780.80.830.17-0.240.990.12-0.10.74
0.96-0.090.83-0.010.76-0.20.890.040.040.790.110.670.160.190.810.750.780.750.90.08-0.250.730.530.250.87
0.83-0.10.79-0.220.77-0.350.770.110.110.610.10.590.590.250.830.670.80.750.76-0.04-0.350.760.340.110.62
0.94-0.250.73-0.130.830.130.88-0.14-0.140.61-0.160.450.06-0.140.860.490.830.90.760.32-0.120.810.350.060.97
0.17-0.33-0.03-0.180.20.620.26-0.25-0.25-0.16-0.56-0.25-0.27-0.590.2-0.190.170.08-0.040.320.590.25-0.25-0.410.36
-0.24-0.07-0.25-0.04-0.190.65-0.15-0.33-0.33-0.3-0.44-0.39-0.49-0.58-0.22-0.4-0.24-0.25-0.35-0.120.59-0.17-0.3-0.3-0.08
0.75-0.580.53-0.640.990.050.81-0.17-0.170.41-0.390.240.06-0.230.980.350.990.730.760.810.25-0.170.09-0.230.71
0.480.620.450.510.13-0.420.470.010.010.890.720.90.250.560.250.580.120.530.340.35-0.25-0.30.090.140.37
0.150.350.550.39-0.11-0.39-0.030.050.050.180.290.320.240.44-0.120.29-0.10.250.110.06-0.41-0.3-0.230.140.08
0.91-0.20.66-0.010.730.180.82-0.15-0.150.6-0.140.43-0.04-0.150.760.460.740.870.620.970.36-0.080.710.370.08
Click cells to compare fundamentals

Xtant Medical Account Relationship Matchups

Xtant Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.2M41.5M54.7M60.2M92.6M60.0M
Other Current Liab7K5.7M3.9M5.0M9.5M10.0M
Total Current Liabilities9.4M25.6M11.1M15.2M23.0M16.0M
Total Stockholder Equity(44.2M)14.5M30.9M34.2M51.3M53.9M
Net Debt73.3M16.2M(1.4M)(3.2M)17.8M17.0M
Retained Earnings(223.3M)(230.3M)(235.2M)(243.7M)(243.0M)(230.9M)
Accounts Payable2.2M2.3M2.6M3.5M7.1M4.9M
Cash5.2M2.3M18.2M20.3M5.7M5.8M
Cash And Short Term Investments5.2M2.3M18.2M20.3M5.7M5.8M
Net Receivables10.1M6.9M7.2M10.9M20.7M21.8M
Common Stock Shares Outstanding13.2M28.5M85.5M94.1M126.8M133.1M
Liabilities And Stockholders Equity43.2M41.5M54.7M60.2M92.6M60.0M
Inventory16.1M21.4M17.9M17.3M36.9M38.7M
Other Current Assets784K1.5M988K1.6M1.5M830.2K
Other Stockholder Equity179.1M244.9M266.1M277.8M294.3M309.0M
Total Liab87.4M27.0M23.8M26.1M41.3M60.8M
Total Current Assets32.2M31.4M44.3M49.3M64.9M33.6M
Short Long Term Debt Total78.5M18.5M16.8M17.1M23.6M22.4M
Property Plant And Equipment Net6.8M6.0M6.5M7.2M10.2M7.8M
Non Current Assets Total10.9M10.1M10.4M10.9M27.7M28.2M
Non Currrent Assets Other394K402K287K197K141K134.0K
Non Current Liabilities Total78.0M1.3M12.7M10.8M18.3M17.4M
Property Plant And Equipment Gross6.8M4.3M6.5M7.2M29.9M31.4M
Short Term Debt570K17.7M4.6M6.8M6.4M3.9M
Intangible Assets515K457K400K344K10.1M7.8M
Other Assets394K2.1M287K197K1.00.95
Long Term Debt77.9M76.2M11.8M9.7M17.2M16.3M
Property Plant Equipment6.8M4.3M6.5M5.8M6.7M7.6M
Retained Earnings Total Equity(215.0M)(223.3M)(230.3M)(243.7M)(219.3M)(208.3M)
Net Tangible Assets(47.9M)10.9M27.3M30.6M35.2M37.0M
Long Term Debt Total138.6M78.1M76.2M9.7M8.7M8.3M
Capital Surpluse171.3M179.1M244.9M277.8M319.5M177.0M
Capital Lease Obligations2.3M1.7M1.4M1.7M1.8M1.6M

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