Exxon Non Currrent Assets Other vs Cash 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 Non Currrent Assets Other and its Cash 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.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exxon Mobil Corp Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Exxon's Non Currrent Assets Other and Cash is 0.64. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Exxon Mobil Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Exxon's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Exxon Mobil Corp, which is listed under current asset account on Exxon Mobil Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Exxon customers. The amounts must be unrestricted with restricted cash listed in a different Exxon account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 27th 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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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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.