Xencor Intangible Assets vs Total Assets Analysis

XNCR Stock  USD 20.60  0.71  3.33%   
Xencor financial indicator trend analysis is more than just analyzing Xencor Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xencor Inc is a good investment. Please check the relationship between Xencor Intangible Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xencor Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xencor Inc Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xencor's Intangible Assets and Total Assets is 0.97. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Xencor Inc, assuming nothing else is changed. The correlation between historical values of Xencor's Intangible Assets and Total 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 Intangible Assets of Xencor Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Xencor's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Xencor 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 Xencor Inc 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.
Most indicators from Xencor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xencor Inc 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 Xencor Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Xencor's Selling General Administrative is relatively stable compared to the past year. As of 06/14/2024, Sales General And Administrative To Revenue is likely to grow to 0.41, though Tax Provision is likely to grow to (394.2 K).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation7.5M8.8M10.4M6.6M
Net Interest Income849K4.8M13.7M7.6M

Xencor fundamental ratios Correlations

0.520.730.70.990.750.49-0.18-0.790.910.520.730.360.920.720.90.950.470.690.980.650.670.94-0.060.970.88
0.520.870.210.460.93-0.060.48-0.710.540.10.590.870.480.280.310.380.940.390.460.860.970.490.120.610.3
0.730.870.410.690.950.150.03-0.840.770.540.620.770.720.550.560.640.860.570.690.870.940.730.040.820.55
0.70.210.410.660.370.93-0.21-0.570.610.340.560.20.650.380.670.690.230.30.670.590.320.64-0.190.610.67
0.990.460.690.660.720.47-0.24-0.760.890.560.720.280.920.770.90.960.390.710.980.580.630.94-0.060.950.9
0.750.930.950.370.720.110.2-0.830.750.370.670.750.720.530.570.650.860.580.710.860.980.740.020.830.57
0.49-0.060.150.930.470.11-0.29-0.410.370.250.430.010.440.230.590.570.010.120.50.390.060.43-0.330.380.6
-0.180.480.03-0.21-0.240.2-0.29-0.01-0.19-0.820.080.45-0.21-0.48-0.3-0.290.43-0.34-0.260.270.31-0.230.05-0.17-0.32
-0.79-0.71-0.84-0.57-0.76-0.83-0.41-0.01-0.72-0.41-0.66-0.74-0.79-0.35-0.8-0.82-0.77-0.37-0.83-0.87-0.83-0.780.33-0.82-0.8
0.910.540.770.610.890.750.37-0.19-0.720.560.670.390.830.740.80.860.50.750.880.640.680.860.070.920.78
0.520.10.540.340.560.370.25-0.82-0.410.560.250.050.540.720.50.540.120.630.550.230.270.580.040.580.51
0.730.590.620.560.720.670.430.08-0.660.670.250.530.460.610.680.70.590.690.710.710.670.490.240.640.68
0.360.870.770.20.280.750.010.45-0.740.390.050.530.330.010.270.290.980.130.330.890.860.32-0.060.410.25
0.920.480.720.650.920.720.44-0.21-0.790.830.540.460.330.570.820.890.430.470.920.60.631.0-0.290.950.81
0.720.280.550.380.770.530.23-0.48-0.350.740.720.610.010.570.570.670.150.940.680.270.410.630.420.70.58
0.90.310.560.670.90.570.59-0.3-0.80.80.50.680.270.820.570.980.340.530.960.540.510.83-0.340.851.0
0.950.380.640.690.960.650.57-0.29-0.820.860.540.70.290.890.670.980.380.610.990.580.580.9-0.240.910.98
0.470.940.860.230.390.860.010.43-0.770.50.120.590.980.430.150.340.380.260.430.920.940.43-0.020.540.32
0.690.390.570.30.710.580.12-0.34-0.370.750.630.690.130.470.940.530.610.260.640.330.490.530.540.680.54
0.980.460.690.670.980.710.5-0.26-0.830.880.550.710.330.920.680.960.990.430.640.610.630.93-0.190.950.95
0.650.860.870.590.580.860.390.27-0.870.640.230.710.890.60.270.540.580.920.330.610.90.6-0.090.670.53
0.670.970.940.320.630.980.060.31-0.830.680.270.670.860.630.410.510.580.940.490.630.90.640.020.750.5
0.940.490.730.640.940.740.43-0.23-0.780.860.580.490.321.00.630.830.90.430.530.930.60.64-0.230.960.82
-0.060.120.04-0.19-0.060.02-0.330.050.330.070.040.24-0.06-0.290.42-0.34-0.24-0.020.54-0.19-0.090.02-0.23-0.09-0.35
0.970.610.820.610.950.830.38-0.17-0.820.920.580.640.410.950.70.850.910.540.680.950.670.750.96-0.090.84
0.880.30.550.670.90.570.6-0.32-0.80.780.510.680.250.810.581.00.980.320.540.950.530.50.82-0.350.84
Click cells to compare fundamentals

Xencor Account Relationship Matchups

Xencor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets670.3M703.2M838.2M846.3M952.7M491.0M
Other Current Liab9.0M17.6M19.4M18.7M29.3M30.8M
Total Current Liabilities66.6M121.1M70.7M63.8M84.7M65.8M
Total Stockholder Equity593.2M572.4M733.5M727.5M668.8M395.8M
Property Plant And Equipment Net25.2M32.3M60.0M93.6M100.1M105.1M
Current Deferred Revenue45.2M92.6M37.3M30.3M31.7M42.9M
Net Debt(39.6M)(151.9M)(109.5M)5.7M29.6M31.1M
Retained Earnings(296.4M)(365.7M)(283.1M)(338.3M)(464.4M)(441.2M)
Accounts Payable10.2M9.0M14.0M10.1M13.9M7.2M
Cash50.3M163.5M143.5M53.9M53.8M57.9M
Non Current Assets Total111.8M65.6M413.8M170.9M329.5M346.0M
Cash And Short Term Investments529.8M603.0M334.1M623.1M593.7M302.8M
Net Receivables22.1M23.9M66.4M29.0M11.3M15.0M
Common Stock Total Equity563K569K580K595K684.3K427.8K
Common Stock Shares Outstanding58.5M57.2M60.5M59.7M60.5M48.6M
Liabilities And Stockholders Equity670.3M703.2M838.2M846.3M952.7M491.0M
Non Current Liabilities Total10.5M9.7M34.0M54.9M198.9M208.8M
Other Current Assets6.5M10.7M60.7M23.3M18.1M12.1M
Other Stockholder Equity887.9M937.5M1.0B1.1B1.1B683.0M
Total Liab77.0M130.8M104.7M118.8M283.6M297.7M
Property Plant And Equipment Gross25.2M21.7M60.0M93.6M136.3M143.2M
Total Current Assets558.4M637.7M424.4M675.3M623.2M326.5M
Accumulated Other Comprehensive Income1.2M74K(1.5M)(7.0M)1.3M1.4M
Short Term Debt2.2M1.9M34.0M4.7M9.8M8.3M
Intangible Assets14.4M16.0M16.5M18.5M18.7M13.6M
Common Stock569K580K595K601K611K464.5K
Other Assets713K212K5.7M613K705.0K1.1M
Property Plant Equipment15.8M21.7M60.0M93.6M107.6M113.0M
Net Tangible Assets578.8M556.5M717.0M709.0M815.3M471.4M
Retained Earnings Total Equity(323.3M)(296.4M)(365.7M)(283.1M)(254.8M)(267.5M)
Short Term Investments479.5M439.5M190.6M569.1M539.9M318.3M
Capital Surpluse845.4M887.9M937.5M1.0B1.2B761.6M
Long Term Investments71.9M17.1M331.7M58.2M209.7M127.7M
Net Invested Capital593.2M572.4M733.5M727.5M689.8M647.5M

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Additional Tools for Xencor Stock Analysis

When running Xencor's price analysis, check to measure Xencor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xencor is operating at the current time. Most of Xencor's value examination focuses on studying past and present price action to predict the probability of Xencor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xencor's price. Additionally, you may evaluate how the addition of Xencor to your portfolios can decrease your overall portfolio volatility.