Xunlei Good Will vs Other Stockholder Equity Analysis
XNET Stock | USD 1.57 0.01 0.64% |
Xunlei financial indicator trend analysis is more than just analyzing Xunlei Ltd Adr current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xunlei Ltd Adr is a good investment. Please check the relationship between Xunlei Good Will and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xunlei Ltd Adr. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Good Will vs Other Stockholder Equity
Good Will vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xunlei Ltd Adr Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xunlei's Good Will and Other Stockholder Equity is -0.41. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Xunlei Ltd Adr, assuming nothing else is changed. The correlation between historical values of Xunlei's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Xunlei Ltd Adr are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Xunlei's Good Will and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Other Stockholder Equity
Most indicators from Xunlei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xunlei Ltd Adr 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 Xunlei Ltd Adr. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Xunlei's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 4.3 M in 2024, whereas Enterprise Value Multiple is likely to drop (2.07) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 120.2M | 141.4M | 163.1M | 91.0M | Total Revenue | 238.8M | 341.5M | 363.7M | 195.9M |
Xunlei fundamental ratios Correlations
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Xunlei Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xunlei fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 424.7M | 415.6M | 440.7M | 463.3M | 468.7M | 404.6M | |
Other Current Liab | 50.4M | 46.6M | 53.7M | 56.6M | 60.1M | 63.1M | |
Total Current Liabilities | 111.3M | 103.3M | 119.9M | 128.3M | 128.1M | 102.3M | |
Total Stockholder Equity | 296.9M | 292.2M | 303.6M | 309.9M | 324.9M | 288.0M | |
Property Plant And Equipment Net | 47.5M | 52.7M | 57.7M | 62.6M | 60.6M | 32.6M | |
Current Deferred Revenue | 32.0M | 34.0M | 36.9M | 39.0M | 36.4M | 29.2M | |
Net Debt | (142.3M) | (115.3M) | (103.2M) | (146.3M) | (147.9M) | (155.2M) | |
Retained Earnings | (167.0M) | (181.1M) | (180.6M) | (160.1M) | (146.9M) | (139.6M) | |
Accounts Payable | 24.2M | 20.6M | 26.4M | 25.4M | 24.4M | 28.0M | |
Cash | 162.5M | 137.2M | 123.4M | 178.7M | 170.8M | 173.4M | |
Non Current Assets Total | 108.1M | 113.3M | 146.8M | 131.1M | 141.3M | 91.1M | |
Cash And Short Term Investments | 265.3M | 255.1M | 239.0M | 262.3M | 271.9M | 260.3M | |
Net Receivables | 29.2M | 34.0M | 41.7M | 61.1M | 43.9M | 36.4M | |
Common Stock Shares Outstanding | 67.6M | 67.5M | 67.2M | 67.2M | 65.4M | 50.5M | |
Liabilities And Stockholders Equity | 424.7M | 415.6M | 440.7M | 463.3M | 468.7M | 404.6M | |
Non Current Liabilities Total | 17.9M | 22.0M | 19.1M | 26.6M | 17.1M | 15.4M | |
Inventory | 5.5M | 1.7M | 1.4M | 457K | 2.2M | 3.2M | |
Other Current Assets | 16.5M | 11.5M | 11.8M | 8.3M | 9.4M | 13.6M | |
Other Stockholder Equity | 472.1M | 469.9M | 476.1M | 477.5M | 482.5M | 359.3M | |
Total Liab | 129.1M | 125.2M | 139.0M | 154.9M | 145.2M | 117.7M | |
Total Current Assets | 316.6M | 302.3M | 293.9M | 332.2M | 327.4M | 313.5M | |
Accumulated Other Comprehensive Income | (8.3M) | 3.3M | 8.2M | (7.6M) | (10.8M) | (10.2M) | |
Intangible Assets | 9.4M | 8.9M | 8.3M | 6.5M | 5.7M | 9.9M | |
Non Currrent Assets Other | 3.3M | 2.4M | 6.9M | 9.8M | 2.0M | 1.9M | |
Short Term Debt | 4.7M | 2.0M | 2.9M | 7.3M | 7.2M | 6.8M | |
Other Liab | 2.4M | 2.0M | 1.8M | 1.6M | 1.4M | 1.3M | |
Other Assets | 4.4M | 2.4M | 26.2M | 10.0M | 9.0M | 8.9M | |
Short Term Investments | 102.8M | 117.8M | 115.7M | 83.6M | 101.1M | 108.7M | |
Property Plant Equipment | 47.5M | 52.7M | 57.7M | 62.6M | 72.0M | 75.6M | |
Net Tangible Assets | 267.1M | 260.7M | 272.2M | 282.2M | 254.0M | 242.4M | |
Good Will | 20.4M | 22.6M | 23.1M | 21.2M | 20.8M | 17.4M | |
Long Term Investments | 26.4M | 26.7M | 31.5M | 30.8M | 32.1M | 28.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Xunlei Ltd Adr is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Xunlei Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Xunlei Ltd Adr Stock. Highlighted below are key reports to facilitate an investment decision about Xunlei Ltd Adr Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xunlei Ltd Adr. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Xunlei Ltd Adr information on this page should be used as a complementary analysis to other Xunlei's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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Is Xunlei's industry 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 Xunlei. If investors know Xunlei 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 Xunlei 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 1.302 | Earnings Share 0.22 | Revenue Per Share 5.572 | Quarterly Revenue Growth (0.20) | Return On Assets (0) |
The market value of Xunlei Ltd Adr is measured differently than its book value, which is the value of Xunlei that is recorded on the company's balance sheet. Investors also form their own opinion of Xunlei's value that differs from its market value or its book value, called intrinsic value, which is Xunlei'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 Xunlei's market value can be influenced by many factors that don't directly affect Xunlei'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 Xunlei's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xunlei is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xunlei'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.