Exxon Cost of Revenue vs Interest Expense Analysis

XOM Stock  USD 117.96  3.37  2.78%   
Exxon financial indicator trend analysis is much more than just examining Exxon Mobil Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exxon Mobil Corp is a good investment. Please check the relationship between Exxon Cost Of Revenue and its Interest Expense accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Cost Of Revenue vs Interest Expense

Cost of Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exxon Mobil Corp Cost of Revenue account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Exxon's Cost of Revenue and Interest Expense is -0.09. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Exxon Mobil Corp, assuming nothing else is changed. The correlation between historical values of Exxon's Cost of Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Exxon Mobil Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Cost of Revenue i.e., Exxon's Cost of Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Exxon Mobil Corp income statement and represents the costs associated with goods and services Exxon provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Exxon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exxon Mobil Corp 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 Exxon Mobil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
As of the 26th of April 2024, Selling General Administrative is likely to grow to about 13.2 B. Also, Tax Provision is likely to grow to about 16.2 B
 2021 2022 2023 2024 (projected)
Interest Expense947M798M2.0B1.9B
Depreciation And Amortization19.4B19.5B20.6B12.2B

Exxon fundamental ratios Correlations

0.40.380.860.980.930.350.810.060.97-0.480.060.7-0.820.930.55-0.06-0.850.970.350.340.370.910.690.70.13
0.4-0.430.070.410.340.760.620.220.430.290.22-0.01-0.710.490.68-0.72-0.670.350.230.37-0.210.370.810.840.24
0.38-0.430.640.310.26-0.510.160.220.26-0.520.220.7-0.070.280.060.62-0.150.450.4-0.320.780.24-0.06-0.1-0.43
0.860.070.640.80.73-0.030.630.180.76-0.480.180.87-0.550.720.460.38-0.620.880.50.130.570.720.480.440.02
0.980.410.310.80.90.340.820.090.95-0.40.090.67-0.830.870.58-0.16-0.850.910.360.330.360.890.710.730.14
0.930.340.260.730.90.490.75-0.250.99-0.65-0.250.45-0.770.920.34-0.04-0.780.910.060.60.110.990.560.60.29
0.350.76-0.51-0.030.340.490.32-0.470.51-0.18-0.47-0.31-0.470.530.12-0.69-0.40.34-0.410.72-0.520.490.420.590.59
0.810.620.160.630.820.750.320.360.79-0.110.360.53-0.980.750.85-0.18-0.990.760.590.30.250.790.920.84-0.01
0.060.220.220.180.09-0.25-0.470.36-0.150.641.00.49-0.27-0.10.740.05-0.310.010.92-0.590.53-0.210.460.27-0.56
0.970.430.260.760.950.990.510.79-0.15-0.57-0.150.52-0.820.950.44-0.12-0.830.950.150.530.180.980.650.690.27
-0.480.29-0.52-0.48-0.4-0.65-0.18-0.110.64-0.570.64-0.20.12-0.540.35-0.330.15-0.560.38-0.41-0.15-0.620.160.04-0.27
0.060.220.220.180.09-0.25-0.470.361.0-0.150.640.49-0.27-0.10.740.05-0.310.010.92-0.590.53-0.210.460.27-0.56
0.7-0.010.70.870.670.45-0.310.530.490.52-0.20.49-0.440.520.540.34-0.520.70.73-0.340.80.430.460.39-0.32
-0.82-0.71-0.07-0.55-0.83-0.77-0.47-0.98-0.27-0.820.12-0.27-0.44-0.8-0.80.320.99-0.76-0.47-0.37-0.15-0.81-0.91-0.87-0.03
0.930.490.280.720.870.920.530.75-0.10.95-0.54-0.10.52-0.80.43-0.12-0.820.960.180.420.20.910.630.670.17
0.550.680.060.460.580.340.120.850.740.440.350.740.54-0.80.43-0.26-0.820.470.84-0.050.370.380.920.82-0.16
-0.06-0.720.620.38-0.16-0.04-0.69-0.180.05-0.12-0.330.050.340.32-0.12-0.260.240.080.18-0.210.33-0.04-0.4-0.56-0.27
-0.85-0.67-0.15-0.62-0.85-0.78-0.4-0.99-0.31-0.830.15-0.31-0.520.99-0.82-0.820.24-0.8-0.54-0.32-0.24-0.82-0.92-0.86-0.01
0.970.350.450.880.910.910.340.760.010.95-0.560.010.7-0.760.960.470.08-0.80.320.330.370.90.620.620.12
0.350.230.40.50.360.06-0.410.590.920.150.380.920.73-0.470.180.840.18-0.540.32-0.460.650.10.620.44-0.49
0.340.37-0.320.130.330.60.720.3-0.590.53-0.41-0.59-0.34-0.370.42-0.05-0.21-0.320.33-0.46-0.580.620.20.280.68
0.37-0.210.780.570.360.11-0.520.250.530.18-0.150.530.8-0.150.20.370.33-0.240.370.65-0.580.090.180.16-0.36
0.910.370.240.720.890.990.490.79-0.210.98-0.62-0.210.43-0.810.910.38-0.04-0.820.90.10.620.090.60.620.28
0.690.81-0.060.480.710.560.420.920.460.650.160.460.46-0.910.630.92-0.4-0.920.620.620.20.180.60.950.06
0.70.84-0.10.440.730.60.590.840.270.690.040.270.39-0.870.670.82-0.56-0.860.620.440.280.160.620.950.21
0.130.24-0.430.020.140.290.59-0.01-0.560.27-0.27-0.56-0.32-0.030.17-0.16-0.27-0.010.12-0.490.68-0.360.280.060.21
Click cells to compare fundamentals

Exxon Account Relationship Matchups

Exxon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets362.6B332.8B338.9B369.1B376.3B227.7B
Short Long Term Debt Total46.9B67.6B47.7B41.2B47.7B50.1B
Other Current Liab18.7B18.4B25.7B63.2B25.2B22.8B
Total Current Liabilities64.0B56.4B56.6B69.0B65.3B45.5B
Total Stockholder Equity191.7B157.2B168.6B195.0B204.8B112.7B
Property Plant And Equipment Net253.0B227.6B216.6B204.7B214.9B148.8B
Net Debt43.8B63.3B40.9B11.6B16.1B12.3B
Retained Earnings421.3B383.9B392.1B432.9B453.9B476.6B
Cash3.1B4.4B6.8B29.6B31.6B33.1B
Non Current Assets Total312.5B287.9B279.8B271.4B279.7B180.0B
Non Currrent Assets Other(25.6B)(18.2B)(20.2B)(22.9B)17.1B18.0B
Cash And Short Term Investments3.1B4.4B6.8B29.6B31.6B33.1B
Net Receivables27.0B20.6B32.4B41.7B38.0B22.9B
Common Stock Shares Outstanding4.3B4.3B4.3B4.2B4.1B4.2B
Liabilities And Stockholders Equity362.6B332.8B338.9B369.1B376.3B227.7B
Non Current Liabilities Total99.7B112.3B106.6B97.5B98.5B65.1B
Inventory18.5B18.9B18.8B24.4B25.1B26.4B
Other Current Assets1.5B1.1B1.2B1.8B1.9B2.9B
Other Stockholder Equity(225.8B)(225.8B)(225.5B)(240.3B)(254.9B)(242.2B)
Total Liab163.7B168.6B163.2B166.6B163.8B110.6B
Total Current Assets50.1B44.9B59.2B97.6B96.6B101.4B
Short Term Debt20.6B20.5B4.3B634M5.7B7.5B
Accounts Payable24.7B17.5B26.6B63.2B31.2B24.8B
Property Plant And Equipment Gross253.0B227.6B216.6B204.7B214.9B174.6B
Accumulated Other Comprehensive Income(19.5B)(16.7B)(13.8B)(13.3B)(12.0B)(12.6B)
Common Stock15.6B15.7B15.7B15.8B17.8B18.7B
Common Stock Total Equity15.6B15.7B15.7B15.8B14.2B14.4B
Other Liab68.7B60.9B59.2B52.8B60.7B48.6B
Other Assets23.4B43.5B20.3B17.0B19.5B14.6B
Long Term Debt24.7B45.5B41.7B40.6B33.6B17.8B
Treasury Stock(225.6B)(225.8B)(225.8B)(225.5B)(202.9B)(213.1B)
Property Plant Equipment253.0B227.6B216.6B204.7B235.4B197.3B
Current Deferred Revenue(18.7B)5.9B18.2B(58.0B)3.2B3.3B
Intangible Assets16.4B16.8B18.0B17.0B19.5B11.0B
Noncontrolling Interest In Consolidated Entity7.3B7.0B7.1B7.4B6.7B11.5B
Retained Earnings Total Equity421.3B383.9B392.1B432.9B497.8B408.1B
Deferred Long Term Liab25.6B18.2B20.2B22.9B20.6B22.9B
Net Tangible Assets191.7B157.2B160.6B195.0B224.3B189.3B
Long Term Debt Total26.3B47.2B43.4B40.6B37.5B26.5B

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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 Exxon Mobil Corp is a strong investment it is important to analyze Exxon'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 Exxon's future performance. For an informed investment choice regarding Exxon 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 Exxon Mobil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Exxon'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 Exxon. If investors know Exxon 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 Exxon 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
(0.38)
Dividend Share
3.68
Earnings Share
8.89
Revenue Per Share
83.488
Quarterly Revenue Growth
(0.12)
The market value of Exxon Mobil Corp is measured differently than its book value, which is the value of Exxon that is recorded on the company's balance sheet. Investors also form their own opinion of Exxon's value that differs from its market value or its book value, called intrinsic value, which is Exxon'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 Exxon's market value can be influenced by many factors that don't directly affect Exxon'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 Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon'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.