Xunlei Other Current Assets vs Long Term Investments 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 Other Current Assets and its Long Term Investments 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.

Other Current Assets vs Long Term Investments

Other Current Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xunlei Ltd Adr Other Current Assets account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xunlei's Other Current Assets and Long Term Investments is -0.36. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Investments 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 Other Current Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Xunlei Ltd Adr are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Other Current Assets i.e., Xunlei's Other Current Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Investments

Long Term Investments is an item on the asset side of Xunlei balance sheet that represents investments Xunlei Ltd Adr intends to hold for over a year. Xunlei Ltd Adr long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 Profit120.2M141.4M163.1M91.0M
Total Revenue238.8M341.5M363.7M195.9M

Xunlei fundamental ratios Correlations

-0.080.730.980.430.7-0.79-0.410.530.820.780.97-0.010.920.840.370.030.270.920.720.710.980.440.920.13-0.47
-0.080.34-0.210.760.50.42-0.69-0.15-0.340.45-0.30.570.090.130.58-0.13-0.090.10.420.41-0.24-0.270.090.54-0.06
0.730.340.60.660.91-0.31-0.590.690.360.830.560.550.670.640.530.210.160.690.990.820.640.170.670.29-0.52
0.98-0.210.60.320.58-0.84-0.320.450.860.690.99-0.170.90.820.260.00.260.910.580.610.990.450.910.06-0.43
0.430.760.660.320.790.06-0.90.010.030.870.210.470.630.650.64-0.14-0.170.630.710.740.25-0.220.620.54-0.22
0.70.50.910.580.79-0.28-0.680.470.350.870.520.450.690.660.710.130.240.710.940.850.590.280.680.38-0.38
-0.790.42-0.31-0.840.06-0.28-0.14-0.49-0.99-0.29-0.880.23-0.57-0.42-0.260.16-0.5-0.57-0.32-0.35-0.87-0.68-0.580.070.11
-0.41-0.69-0.59-0.32-0.9-0.68-0.140.10.06-0.82-0.22-0.29-0.66-0.73-0.38-0.120.28-0.68-0.59-0.57-0.240.31-0.66-0.440.39
0.53-0.150.690.450.010.47-0.490.10.470.280.490.40.230.160.320.090.450.250.670.460.570.470.24-0.1-0.41
0.82-0.340.360.860.030.35-0.990.060.470.360.88-0.190.620.470.32-0.190.50.620.380.390.890.660.630.0-0.1
0.780.450.830.690.870.87-0.29-0.820.280.360.610.30.890.880.52-0.02-0.030.890.830.840.640.020.880.36-0.43
0.97-0.30.560.990.210.52-0.88-0.220.490.880.61-0.220.850.770.220.030.290.850.540.550.990.50.860.0-0.43
-0.010.570.55-0.170.470.450.23-0.290.4-0.190.3-0.22-0.06-0.060.56-0.050.03-0.040.60.42-0.11-0.15-0.070.520.0
0.920.090.670.90.630.69-0.57-0.660.230.620.890.85-0.060.960.30.040.021.00.650.70.850.151.00.21-0.47
0.840.130.640.820.650.66-0.42-0.730.160.470.880.77-0.060.960.250.07-0.170.970.620.650.76-0.010.960.24-0.51
0.370.580.530.260.640.71-0.26-0.380.320.320.520.220.560.30.25-0.360.380.320.670.670.30.360.290.470.01
0.03-0.130.210.0-0.140.130.16-0.120.09-0.19-0.020.03-0.050.040.07-0.360.060.060.120.010.050.090.05-0.25-0.45
0.27-0.090.160.26-0.170.24-0.50.280.450.5-0.030.290.030.02-0.170.380.060.030.220.10.340.920.03-0.240.03
0.920.10.690.910.630.71-0.57-0.680.250.620.890.85-0.041.00.970.320.060.030.670.690.850.171.00.22-0.47
0.720.420.990.580.710.94-0.32-0.590.670.380.830.540.60.650.620.670.120.220.670.860.620.230.640.35-0.46
0.710.410.820.610.740.85-0.35-0.570.460.390.840.550.420.70.650.670.010.10.690.860.610.190.690.32-0.54
0.98-0.240.640.990.250.59-0.87-0.240.570.890.640.99-0.110.850.760.30.050.340.850.620.610.530.850.05-0.44
0.44-0.270.170.45-0.220.28-0.680.310.470.660.020.5-0.150.15-0.010.360.090.920.170.230.190.530.16-0.25-0.06
0.920.090.670.910.620.68-0.58-0.660.240.630.880.86-0.071.00.960.290.050.031.00.640.690.850.160.2-0.49
0.130.540.290.060.540.380.07-0.44-0.10.00.360.00.520.210.240.47-0.25-0.240.220.350.320.05-0.250.20.18
-0.47-0.06-0.52-0.43-0.22-0.380.110.39-0.41-0.1-0.43-0.430.0-0.47-0.510.01-0.450.03-0.47-0.46-0.54-0.44-0.06-0.490.18
Click cells to compare fundamentals

Xunlei Account Relationship Matchups

Xunlei fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets424.7M415.6M440.7M463.3M468.7M404.6M
Other Current Liab50.4M46.6M53.7M56.6M60.1M63.1M
Total Current Liabilities111.3M103.3M119.9M128.3M128.1M102.3M
Total Stockholder Equity296.9M292.2M303.6M309.9M324.9M288.0M
Property Plant And Equipment Net47.5M52.7M57.7M62.6M60.6M32.6M
Current Deferred Revenue32.0M34.0M36.9M39.0M36.4M29.2M
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 Payable24.2M20.6M26.4M25.4M24.4M28.0M
Cash162.5M137.2M123.4M178.7M170.8M173.4M
Non Current Assets Total108.1M113.3M146.8M131.1M141.3M91.1M
Cash And Short Term Investments265.3M255.1M239.0M262.3M271.9M260.3M
Net Receivables29.2M34.0M41.7M61.1M43.9M36.4M
Common Stock Shares Outstanding67.6M67.5M67.2M67.2M65.4M50.5M
Liabilities And Stockholders Equity424.7M415.6M440.7M463.3M468.7M404.6M
Non Current Liabilities Total17.9M22.0M19.1M26.6M17.1M15.4M
Inventory5.5M1.7M1.4M457K2.2M3.2M
Other Current Assets16.5M11.5M11.8M8.3M9.4M13.6M
Other Stockholder Equity472.1M469.9M476.1M477.5M482.5M359.3M
Total Liab129.1M125.2M139.0M154.9M145.2M117.7M
Total Current Assets316.6M302.3M293.9M332.2M327.4M313.5M
Accumulated Other Comprehensive Income(8.3M)3.3M8.2M(7.6M)(10.8M)(10.2M)
Intangible Assets9.4M8.9M8.3M6.5M5.7M9.9M
Non Currrent Assets Other3.3M2.4M6.9M9.8M2.0M1.9M
Short Term Debt4.7M2.0M2.9M7.3M7.2M6.8M
Other Liab2.4M2.0M1.8M1.6M1.4M1.3M
Other Assets4.4M2.4M26.2M10.0M9.0M8.9M
Short Term Investments102.8M117.8M115.7M83.6M101.1M108.7M
Property Plant Equipment47.5M52.7M57.7M62.6M72.0M75.6M
Net Tangible Assets267.1M260.7M272.2M282.2M254.0M242.4M
Good Will20.4M22.6M23.1M21.2M20.8M17.4M
Long Term Investments26.4M26.7M31.5M30.8M32.1M28.4M

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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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
1.291
Earnings Share
0.22
Revenue Per Share
5.572
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.0009)
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.