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 Non Currrent Assets Other 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.
Non Currrent Assets Other vs Net Receivables
Non Currrent Assets Other 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 Non Currrent Assets Other account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xtant Medical's Non Currrent Assets Other and Net Receivables is -0.16. Overlapping area represents the amount of variation of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., Xtant Medical's Non Currrent Assets Other and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
Xtant Medical fundamental ratios Correlations
Click cells to compare fundamentals
Xtant Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xtant Medical fundamental ratios Accounts
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