Crexendo Other Current Assets vs Total Current Liabilities Analysis
CXDO Stock | USD 5.11 0.14 2.67% |
Crexendo financial indicator trend analysis is way more than just evaluating Crexendo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crexendo is a good investment. Please check the relationship between Crexendo Other Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.
Other Current Assets vs Total Current Liabilities
Other Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crexendo Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Crexendo's Other Current Assets and Total Current Liabilities is 0.52. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Crexendo, assuming nothing else is changed. The correlation between historical values of Crexendo's Other Current Assets and Total Current Liabilities 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 Crexendo are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Crexendo's Other Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Total Current Liabilities
Total Current Liabilities is an item on Crexendo balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Crexendo are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Crexendo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crexendo 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.As of the 14th of November 2024, Selling General Administrative is likely to grow to about 15.2 M. Also, Tax Provision is likely to grow to about 102.9 K
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.4M | 23.9M | 28.9M | 25.2M | Total Revenue | 28.1M | 37.6M | 53.2M | 36.1M |
Crexendo fundamental ratios Correlations
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Crexendo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crexendo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.8M | 30.7M | 77.2M | 55.6M | 56.2M | 33.1M | |
Short Long Term Debt Total | 167K | 2.0M | 2.8M | 4.4M | 2.3M | 1.3M | |
Other Current Liab | 1.9M | 1.1M | 4.9M | 5.0M | 5.9M | 3.0M | |
Total Current Liabilities | 2.9M | 2.6M | 10.6M | 10.4M | 10.3M | 10.2M | |
Total Stockholder Equity | 4.4M | 25.8M | 65.9M | 41.5M | 44.6M | 46.8M | |
Property Plant And Equipment Net | 206K | 2.7M | 3.5M | 4.4M | 1.7M | 1.6M | |
Net Debt | (4.0M) | (15.6M) | (4.7M) | (1.1M) | (8.0M) | (8.5M) | |
Retained Earnings | (58.0M) | (50.1M) | (52.5M) | (87.9M) | (88.5M) | (92.9M) | |
Accounts Payable | 86K | 561K | 476K | 1.2M | 769K | 1.1M | |
Cash | 4.2M | 17.6M | 7.5M | 5.5M | 10.3M | 9.3M | |
Non Current Assets Total | 2.1M | 10.9M | 65.6M | 43.3M | 40.2M | 42.2M | |
Cash And Short Term Investments | 4.2M | 17.6M | 7.5M | 5.5M | 10.3M | 7.0M | |
Net Receivables | 549K | 987K | 2.8M | 4.3M | 4.7M | 5.3M | |
Common Stock Shares Outstanding | 15.6M | 17.4M | 20.3M | 22.9M | 25.9M | 13.0M | |
Liabilities And Stockholders Equity | 7.8M | 30.7M | 77.2M | 55.6M | 56.2M | 33.1M | |
Non Current Liabilities Total | 510K | 2.4M | 647K | 3.8M | 1.3M | 1.2M | |
Other Stockholder Equity | 62.4M | 75.8M | 118.4M | 129.2M | 132.9M | 76.1M | |
Total Liab | 3.4M | 4.9M | 11.2M | 14.2M | 11.5M | 15.0M | |
Property Plant And Equipment Gross | 206K | 2.7M | 3.5M | 4.4M | 4.6M | 4.8M | |
Total Current Assets | 5.7M | 19.8M | 11.6M | 12.4M | 15.9M | 14.0M | |
Accumulated Other Comprehensive Income | (1.7M) | 0.0 | 12K | 187K | 166K | 174.3K | |
Short Term Debt | 80K | 101K | 2.4M | 878K | 1.2M | 872.6K | |
Intangible Assets | 465K | 252K | 22.2M | 26.7M | 23.6M | 24.7M | |
Other Liab | 423K | 450K | 290K | 247K | 222.3K | 211.2K | |
Non Currrent Assets Other | 1.1M | 156K | 313K | 2.7M | 3.8M | 2.7M | |
Other Assets | 1.1M | 7.7M | 2.9M | 2.7M | 2.4M | 2.5M | |
Inventory | 270K | 382K | 504K | 231K | 679K | 271.2K | |
Property Plant Equipment | 206K | 2.7M | 3.5M | 3.3M | 3.8M | 4.0M | |
Current Deferred Revenue | 791K | 778K | 2.7M | 3.3M | 2.4M | 2.3M | |
Net Tangible Assets | 3.7M | 25.2M | 6.8M | 5.3M | 6.1M | 6.0M | |
Retained Earnings Total Equity | (59.2M) | (58.0M) | (50.1M) | (87.9M) | (79.2M) | (83.1M) | |
Capital Surpluse | 61.2M | 62.4M | 75.8M | 129.2M | 148.6M | 76.5M | |
Deferred Long Term Liab | 436K | 549K | 697K | 1.3M | 1.5M | 1.6M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crexendo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Internet Services & Infrastructure 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 Crexendo. If investors know Crexendo 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 Crexendo 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 (0.92) | Earnings Share 0.05 | Revenue Per Share 2.219 | Quarterly Revenue Growth 0.126 | Return On Assets 0.0131 |
The market value of Crexendo is measured differently than its book value, which is the value of Crexendo that is recorded on the company's balance sheet. Investors also form their own opinion of Crexendo's value that differs from its market value or its book value, called intrinsic value, which is Crexendo'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 Crexendo's market value can be influenced by many factors that don't directly affect Crexendo'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 Crexendo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crexendo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crexendo'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.