Xtant Net Income vs Change To Inventory Analysis

XTNT Stock

USD 0.36 0.01 2.86%

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 Net Income and its Change To Inventory 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.

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xtant Medical Holdings Net Income account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Xtant Medical's Net Income and Change To Inventory is -0.28. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory 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 Net Income and Change To Inventory 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 of Xtant Medical Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., Xtant Medical's Net Income and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Xtant Medical Holdings financial statement analysis. It represents the amount of money remaining after all of Xtant Medical Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

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 Profit	32.5M	32.1M	55.5M	34.0M
Total Revenue	55.3M	58.0M	91.3M	53.7M

Gross Profit Total Revenue

Xtant Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets
Total Assets		-0.08	0.83	0.0	0.76	-0.16	0.92	0.09	0.09	0.76	0.09	0.64	0.28	0.15	0.82	0.76	0.78	0.96	0.83	0.94	0.17	-0.24	0.75	0.48	0.15	0.91
Other Current Liab	-0.08		0.17	0.81	-0.54	-0.43	-0.14	0.16	0.16	0.42	0.79	0.56	0.36	0.64	-0.43	0.29	-0.54	-0.09	-0.1	-0.25	-0.33	-0.07	-0.58	0.62	0.35	-0.2
Total Current Liabilities	0.83	0.17		0.05	0.61	-0.34	0.77	-0.04	-0.04	0.7	0.16	0.71	0.46	0.32	0.65	0.72	0.61	0.83	0.79	0.73	-0.03	-0.25	0.53	0.45	0.55	0.66
Total Stockholder Equity	0.0	0.81	0.05		-0.62	-0.24	-0.17	0.37	0.37	0.31	0.76	0.41	0.16	0.53	-0.52	0.29	-0.6	-0.01	-0.22	-0.13	-0.18	-0.04	-0.64	0.51	0.39	-0.01
Net Debt	0.76	-0.54	0.61	-0.62		0.04	0.81	-0.27	-0.27	0.44	-0.4	0.28	0.05	-0.21	0.98	0.34	0.99	0.76	0.77	0.83	0.2	-0.19	0.99	0.13	-0.11	0.73
Retained Earnings	-0.16	-0.43	-0.34	-0.24	0.04		-0.05	-0.57	-0.57	-0.46	-0.72	-0.63	-0.68	-0.95	-0.05	-0.65	-0.02	-0.2	-0.35	0.13	0.62	0.65	0.05	-0.42	-0.39	0.18
Accounts Payable	0.92	-0.14	0.77	-0.17	0.81	-0.05		-0.07	-0.07	0.72	-0.03	0.59	0.19	0.02	0.87	0.64	0.82	0.89	0.77	0.88	0.26	-0.15	0.81	0.47	-0.03	0.82
Cash	0.09	0.16	-0.04	0.37	-0.27	-0.57	-0.07		1.0	0.09	0.55	0.15	0.42	0.6	-0.16	0.5	-0.16	0.04	0.11	-0.14	-0.25	-0.33	-0.17	0.01	0.05	-0.15
Cash And Short Term Investments	0.09	0.16	-0.04	0.37	-0.27	-0.57	-0.07	1.0		0.09	0.55	0.15	0.42	0.6	-0.16	0.5	-0.16	0.04	0.11	-0.14	-0.25	-0.33	-0.17	0.01	0.05	-0.15
Net Receivables	0.76	0.42	0.7	0.31	0.44	-0.46	0.72	0.09	0.09		0.55	0.94	0.31	0.53	0.56	0.77	0.45	0.79	0.61	0.61	-0.16	-0.3	0.41	0.89	0.18	0.6
Common Stock Shares Outstanding	0.09	0.79	0.16	0.76	-0.4	-0.72	-0.03	0.55	0.55	0.55		0.68	0.49	0.88	-0.26	0.56	-0.34	0.11	0.1	-0.16	-0.56	-0.44	-0.39	0.72	0.29	-0.14
Inventory	0.64	0.56	0.71	0.41	0.28	-0.63	0.59	0.15	0.15	0.94	0.68		0.48	0.71	0.41	0.78	0.3	0.67	0.59	0.45	-0.25	-0.39	0.24	0.9	0.32	0.43
Other Current Assets	0.28	0.36	0.46	0.16	0.05	-0.68	0.19	0.42	0.42	0.31	0.49	0.48		0.64	0.13	0.6	0.09	0.16	0.59	0.06	-0.27	-0.49	0.06	0.25	0.24	-0.04
Other Stockholder Equity	0.15	0.64	0.32	0.53	-0.21	-0.95	0.02	0.6	0.6	0.53	0.88	0.71	0.64		-0.1	0.66	-0.16	0.19	0.25	-0.14	-0.59	-0.58	-0.23	0.56	0.44	-0.15
Total Liab	0.82	-0.43	0.65	-0.52	0.98	-0.05	0.87	-0.16	-0.16	0.56	-0.26	0.41	0.13	-0.1		0.44	0.99	0.81	0.83	0.86	0.2	-0.22	0.98	0.25	-0.12	0.76
Total Current Assets	0.76	0.29	0.72	0.29	0.34	-0.65	0.64	0.5	0.5	0.77	0.56	0.78	0.6	0.66	0.44		0.4	0.75	0.67	0.49	-0.19	-0.4	0.35	0.58	0.29	0.46
Short Long Term Debt Total	0.78	-0.54	0.61	-0.6	0.99	-0.02	0.82	-0.16	-0.16	0.45	-0.34	0.3	0.09	-0.16	0.99	0.4		0.78	0.8	0.83	0.17	-0.24	0.99	0.12	-0.1	0.74
Property Plant And Equipment Net	0.96	-0.09	0.83	-0.01	0.76	-0.2	0.89	0.04	0.04	0.79	0.11	0.67	0.16	0.19	0.81	0.75	0.78		0.75	0.9	0.08	-0.25	0.73	0.53	0.25	0.87
Current Deferred Revenue	0.83	-0.1	0.79	-0.22	0.77	-0.35	0.77	0.11	0.11	0.61	0.1	0.59	0.59	0.25	0.83	0.67	0.8	0.75		0.76	-0.04	-0.35	0.76	0.34	0.11	0.62
Non Current Assets Total	0.94	-0.25	0.73	-0.13	0.83	0.13	0.88	-0.14	-0.14	0.61	-0.16	0.45	0.06	-0.14	0.86	0.49	0.83	0.9	0.76		0.32	-0.12	0.81	0.35	0.06	0.97
Non Currrent Assets Other	0.17	-0.33	-0.03	-0.18	0.2	0.62	0.26	-0.25	-0.25	-0.16	-0.56	-0.25	-0.27	-0.59	0.2	-0.19	0.17	0.08	-0.04	0.32		0.59	0.25	-0.25	-0.41	0.36
Common Stock Total Equity	-0.24	-0.07	-0.25	-0.04	-0.19	0.65	-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	-0.12	0.59		-0.17	-0.3	-0.3	-0.08
Non Current Liabilities Total	0.75	-0.58	0.53	-0.64	0.99	0.05	0.81	-0.17	-0.17	0.41	-0.39	0.24	0.06	-0.23	0.98	0.35	0.99	0.73	0.76	0.81	0.25	-0.17		0.09	-0.23	0.71
Property Plant And Equipment Gross	0.48	0.62	0.45	0.51	0.13	-0.42	0.47	0.01	0.01	0.89	0.72	0.9	0.25	0.56	0.25	0.58	0.12	0.53	0.34	0.35	-0.25	-0.3	0.09		0.14	0.37
Short Term Debt	0.15	0.35	0.55	0.39	-0.11	-0.39	-0.03	0.05	0.05	0.18	0.29	0.32	0.24	0.44	-0.12	0.29	-0.1	0.25	0.11	0.06	-0.41	-0.3	-0.23	0.14		0.08
Intangible Assets	0.91	-0.2	0.66	-0.01	0.73	0.18	0.82	-0.15	-0.15	0.6	-0.14	0.43	-0.04	-0.15	0.76	0.46	0.74	0.87	0.62	0.97	0.36	-0.08	0.71	0.37	0.08

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Xtant Medical Account Relationship Matchups

Xtant Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.2M	41.5M	54.7M	60.2M	92.6M	60.0M
Other Current Liab	7K	5.7M	3.9M	5.0M	9.5M	10.0M
Total Current Liabilities	9.4M	25.6M	11.1M	15.2M	23.0M	16.0M
Total Stockholder Equity	(44.2M)	14.5M	30.9M	34.2M	51.3M	53.9M
Net Debt	73.3M	16.2M	(1.4M)	(3.2M)	17.8M	17.0M
Retained Earnings	(223.3M)	(230.3M)	(235.2M)	(243.7M)	(243.0M)	(230.9M)
Accounts Payable	2.2M	2.3M	2.6M	3.5M	7.1M	4.9M
Cash	5.2M	2.3M	18.2M	20.3M	5.7M	5.8M
Cash And Short Term Investments	5.2M	2.3M	18.2M	20.3M	5.7M	5.8M
Net Receivables	10.1M	6.9M	7.2M	10.9M	20.7M	21.8M
Common Stock Shares Outstanding	13.2M	28.5M	85.5M	94.1M	126.8M	133.1M
Liabilities And Stockholders Equity	43.2M	41.5M	54.7M	60.2M	92.6M	60.0M
Inventory	16.1M	21.4M	17.9M	17.3M	36.9M	38.7M
Other Current Assets	784K	1.5M	988K	1.6M	1.5M	830.2K
Other Stockholder Equity	179.1M	244.9M	266.1M	277.8M	294.3M	309.0M
Total Liab	87.4M	27.0M	23.8M	26.1M	41.3M	60.8M
Total Current Assets	32.2M	31.4M	44.3M	49.3M	64.9M	33.6M
Short Long Term Debt Total	78.5M	18.5M	16.8M	17.1M	23.6M	22.4M
Property Plant And Equipment Net	6.8M	6.0M	6.5M	7.2M	10.2M	7.8M
Non Current Assets Total	10.9M	10.1M	10.4M	10.9M	27.7M	28.2M
Non Currrent Assets Other	394K	402K	287K	197K	141K	134.0K
Non Current Liabilities Total	78.0M	1.3M	12.7M	10.8M	18.3M	17.4M
Property Plant And Equipment Gross	6.8M	4.3M	6.5M	7.2M	29.9M	31.4M
Short Term Debt	570K	17.7M	4.6M	6.8M	6.4M	3.9M
Intangible Assets	515K	457K	400K	344K	10.1M	7.8M
Other Assets	394K	2.1M	287K	197K	1.0	0.95
Long Term Debt	77.9M	76.2M	11.8M	9.7M	17.2M	16.3M
Property Plant Equipment	6.8M	4.3M	6.5M	5.8M	6.7M	7.6M
Retained Earnings Total Equity	(215.0M)	(223.3M)	(230.3M)	(243.7M)	(219.3M)	(208.3M)
Net Tangible Assets	(47.9M)	10.9M	27.3M	30.6M	35.2M	37.0M
Long Term Debt Total	138.6M	78.1M	76.2M	9.7M	8.7M	8.3M
Capital Surpluse	171.3M	179.1M	244.9M	277.8M	319.5M	177.0M
Capital Lease Obligations	2.3M	1.7M	1.4M	1.7M	1.8M	1.6M

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