XYF Total Assets vs Intangible Assets Analysis

XYF Stock  USD 7.26  0.31  4.46%   
X Financial financial indicator trend analysis is more than just analyzing X Financial Class current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X Financial Class is a good investment. Please check the relationship between X Financial Total Assets and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X Financial Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X Financial Class Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between X Financial's Total Assets and Intangible Assets is 0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of X Financial Class, assuming nothing else is changed. The correlation between historical values of X Financial's Total Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of X Financial Class are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., X Financial's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of X Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in X Financial Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from X Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into X Financial Class 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 X Financial Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
The X Financial's current Sales General And Administrative To Revenue is estimated to increase to 0.10, while Tax Provision is projected to decrease to roughly 128.7 M.
 2021 2022 2023 2024 (projected)
Interest Income691.6M970.0M1.1B1.2B
Net Interest Income691.6M970.0M1.1B561.9M

X Financial fundamental ratios Correlations

0.36-0.790.580.980.740.950.61-0.890.880.950.930.84-0.330.440.640.780.790.980.450.760.960.78-0.330.960.86
0.36-0.210.150.280.520.330.08-0.380.120.260.430.290.220.290.220.520.070.420.50.610.430.560.230.430.3
-0.79-0.21-0.91-0.75-0.44-0.65-0.850.88-0.91-0.8-0.83-0.960.250.12-0.8-0.56-0.71-0.77-0.35-0.83-0.7-0.560.25-0.77-0.95
0.580.15-0.910.540.30.440.95-0.680.80.520.60.880.11-0.40.710.240.560.580.230.660.470.580.110.590.84
0.980.28-0.750.540.620.990.61-0.860.90.930.890.83-0.350.440.620.790.870.980.450.680.980.72-0.340.870.85
0.740.52-0.440.30.620.640.29-0.580.50.660.60.48-0.130.660.260.570.250.680.510.590.660.74-0.130.850.48
0.950.33-0.650.440.990.640.53-0.80.840.890.830.76-0.30.540.530.80.830.970.50.610.990.73-0.30.830.78
0.610.08-0.850.950.610.290.53-0.60.820.540.530.830.17-0.310.60.20.690.640.190.540.550.620.170.570.8
-0.89-0.380.88-0.68-0.86-0.58-0.8-0.6-0.89-0.89-0.96-0.930.46-0.21-0.89-0.85-0.69-0.86-0.58-0.92-0.82-0.580.46-0.86-0.95
0.880.12-0.910.80.90.50.840.82-0.890.850.820.96-0.280.110.780.650.810.870.490.710.820.64-0.280.80.96
0.950.26-0.80.520.930.660.890.54-0.890.850.920.8-0.560.430.640.820.790.930.410.770.910.58-0.550.910.82
0.930.43-0.830.60.890.60.830.53-0.960.820.920.86-0.430.270.790.830.720.90.410.880.870.65-0.430.910.89
0.840.29-0.960.880.830.480.760.83-0.930.960.80.86-0.21-0.020.860.660.740.840.510.840.780.65-0.210.81.0
-0.330.220.250.11-0.35-0.13-0.30.170.46-0.28-0.56-0.43-0.21-0.37-0.37-0.59-0.29-0.25-0.23-0.32-0.30.31.0-0.28-0.26
0.440.290.12-0.40.440.660.54-0.31-0.210.110.430.27-0.02-0.37-0.150.570.130.420.450.110.510.29-0.360.420.02
0.640.22-0.80.710.620.260.530.6-0.890.780.640.790.86-0.37-0.150.630.590.610.460.830.550.36-0.370.620.87
0.780.52-0.560.240.790.570.80.2-0.850.650.820.830.66-0.590.570.630.560.780.720.780.820.41-0.590.710.71
0.790.07-0.710.560.870.250.830.69-0.690.810.790.720.74-0.290.130.590.560.840.180.520.840.51-0.290.640.74
0.980.42-0.770.580.980.680.970.64-0.860.870.930.90.84-0.250.420.610.780.840.460.740.990.8-0.250.910.85
0.450.5-0.350.230.450.510.50.19-0.580.490.410.410.51-0.230.450.460.720.180.460.570.50.29-0.220.40.54
0.760.61-0.830.660.680.590.610.54-0.920.710.770.880.84-0.320.110.830.780.520.740.570.690.55-0.320.810.85
0.960.43-0.70.470.980.660.990.55-0.820.820.910.870.78-0.30.510.550.820.840.990.50.690.74-0.290.860.8
0.780.56-0.560.580.720.740.730.62-0.580.640.580.650.650.30.290.360.410.510.80.290.550.740.310.810.63
-0.330.230.250.11-0.34-0.13-0.30.170.46-0.28-0.55-0.43-0.211.0-0.36-0.37-0.59-0.29-0.25-0.22-0.32-0.290.31-0.28-0.26
0.960.43-0.770.590.870.850.830.57-0.860.80.910.910.8-0.280.420.620.710.640.910.40.810.860.81-0.280.8
0.860.3-0.950.840.850.480.780.8-0.950.960.820.891.0-0.260.020.870.710.740.850.540.850.80.63-0.260.8
Click cells to compare fundamentals

X Financial Account Relationship Matchups

X Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B7.5B7.3B8.8B11.7B7.4B
Short Long Term Debt Total68.4M1.8B1.7B81.5M577.9M733.7M
Other Current Liab(103.4M)(477.2M)(249.6M)(791.1M)(1.5B)(1.4B)
Total Current Liabilities103.4M477.2M249.6M70.2M6.8B7.1B
Total Stockholder Equity4.4B3.1B4.0B4.8B5.8B3.8B
Other Liab202.4M3.1B3.4B2.0B2.3B2.0B
Net Tangible Assets3.5B4.3B3.0B3.9B4.5B3.1B
Property Plant And Equipment Net20.1M11.1M6.2M5.9M59.3M62.2M
Net Debt(963.7M)(1.3B)(1.9B)(2.3B)(2.3B)(2.2B)
Retained Earnings1.3B(14.6M)810.9M1.6B2.7B2.8B
Accounts Payable103.4M126.6M83.1M195.1M179.8M114.7M
Cash1.0B1.7B2.1B2.4B2.9B1.7B
Non Current Assets Total347.4M350.2M685.9M731.0M1.3B1.4B
Non Currrent Assets Other(347.4M)(350.2M)(685.9M)(88.4B)140.6M147.6M
Other Assets6.2B5.1B3.7B4.6B1.6K1.6K
Long Term Debt26.7M68.4M9.8M1.5B1.7B1.8B
Cash And Short Term Investments1.0B1.7B2.2B2.4B1.2B1.5B
Net Receivables771.2M413.3M747.5M1.2B1.7B1.0B
Good Will(380.0M)(258.0M)(99.2M)(36.5B)(32.9B)(31.2B)
Common Stock Total Equity173.4K189.6K201.2K203K233.5K200.8K
Common Stock Shares Outstanding53.3M53.5M56.1M53.7M48.5M57.3M
Long Term Debt Total26.7M68.4M1.5B1.5B1.7B1.8B
Liabilities And Stockholders Equity8.3B7.5B7.3B8.8B11.7B7.4B
Non Current Liabilities Total40.5M16.9M12.3M70.2M3.8B4.0B
Capital Surpluse2.8B3.0B3.1B3.2B3.6B2.7B
Capital Lease Obligations20.2M16.9M12.3M11.3M12.9M10.1M
Inventory1.0(5.3B)(5.0B)(6.2B)(24.6M)(25.9M)
Other Current Assets5.6B5.3B5.0B22.1M7.5B3.9B
Other Stockholder Equity3.0B3.1B3.2B(1.6T)3.1B3.2B
Total Liab3.9B4.5B3.4B4.1B5.8B3.6B
Long Term Investments292.1M301.6M642.9M688.6M1.1B1.2B
Property Plant And Equipment Gross46.9M11.1M45.9M49.9M51.0M32.0M
Total Current Assets1.8B2.1B2.9B3.5B10.3B10.8B
Accumulated Other Comprehensive Income67.1M21.1M6.3M63.6M69.5M51.1M
Cash And Equivalents1.1B1.0B746.4M584.8M672.5M840.0M
Intangible Assets415.1M295.5M136.1M36.5B36.8M35.0M
Common Stock190K201K203K207K206.8K210.9K

Currently Active Assets on Macroaxis

When determining whether X Financial Class is a strong investment it is important to analyze X Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact X Financial's future performance. For an informed investment choice regarding XYF Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X Financial Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of X Financial. If investors know XYF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about X Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.104
Earnings Share
3.87
Revenue Per Share
106.508
Quarterly Revenue Growth
0.125
Return On Assets
0.0915
The market value of X Financial Class is measured differently than its book value, which is the value of XYF that is recorded on the company's balance sheet. Investors also form their own opinion of X Financial's value that differs from its market value or its book value, called intrinsic value, which is X Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because X Financial's market value can be influenced by many factors that don't directly affect X Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between X Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if X Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.