Xp Total Current Assets vs Other Assets Analysis

XP Stock  USD 18.66  0.17  0.90%   
Xp financial indicator trend analysis is more than just analyzing Xp Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xp Inc is a good investment. Please check the relationship between Xp Total Current Assets and its Other Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xp 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 american community survey.

Total Current Assets vs Other Assets

Total Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xp Inc Total Current Assets account and Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xp's Total Current Assets and Other Assets is 0.84. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Xp Inc, assuming nothing else is changed. The correlation between historical values of Xp's Total Current Assets and Other 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 Total Current Assets of Xp Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., Xp's Total Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Assets

Most indicators from Xp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xp 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 Xp 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 american community survey.
As of 06/10/2024, Sales General And Administrative To Revenue is likely to grow to 0.40, while Selling General Administrative is likely to drop slightly above 2.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B472.1M10.4B10.9B
Total Revenue6.2B6.5B15.1B15.8B

Xp fundamental ratios Correlations

0.751.00.980.960.990.930.990.80.98-0.860.641.00.990.95-0.270.950.990.890.970.980.97-0.77-0.84
0.750.760.790.760.790.690.80.270.73-0.340.080.750.710.54-0.220.770.810.820.740.660.77-0.68-0.75
1.00.760.990.960.990.940.990.790.98-0.860.641.00.990.95-0.260.960.990.910.960.980.96-0.75-0.86
0.980.790.990.961.00.960.980.710.94-0.820.580.980.960.92-0.280.991.00.950.920.970.93-0.69-0.92
0.960.760.960.960.960.910.970.70.95-0.830.490.960.960.87-0.290.940.950.910.960.90.91-0.67-0.81
0.990.790.991.00.960.960.980.720.95-0.820.590.980.960.92-0.290.991.00.950.930.970.93-0.7-0.92
0.930.690.940.960.910.960.930.670.85-0.830.660.920.90.89-0.260.950.940.920.810.940.81-0.49-0.91
0.990.80.990.980.970.980.930.740.97-0.820.60.990.980.91-0.290.940.990.890.950.950.95-0.74-0.83
0.80.270.790.710.70.720.670.740.83-0.930.880.810.840.91-0.160.650.740.530.790.850.81-0.7-0.49
0.980.730.980.940.950.950.850.970.83-0.850.610.990.990.93-0.260.90.960.830.990.940.99-0.84-0.75
-0.86-0.34-0.86-0.82-0.83-0.82-0.83-0.82-0.93-0.85-0.85-0.86-0.89-0.950.22-0.79-0.81-0.71-0.82-0.9-0.790.540.65
0.640.080.640.580.490.590.660.60.880.61-0.850.640.660.8-0.160.530.590.420.520.760.58-0.37-0.46
1.00.751.00.980.960.980.920.990.810.99-0.860.640.990.95-0.270.950.990.890.970.980.97-0.77-0.83
0.990.710.990.960.960.960.90.980.840.99-0.890.660.990.95-0.280.920.970.850.980.960.97-0.77-0.78
0.950.540.950.920.870.920.890.910.910.93-0.950.80.950.95-0.170.890.920.80.890.980.9-0.7-0.77
-0.27-0.22-0.26-0.28-0.29-0.29-0.26-0.29-0.16-0.260.22-0.16-0.27-0.28-0.17-0.27-0.26-0.3-0.26-0.25-0.260.150.36
0.950.770.960.990.940.990.950.940.650.9-0.790.530.950.920.89-0.270.970.970.880.940.88-0.62-0.95
0.990.810.991.00.951.00.940.990.740.96-0.810.590.990.970.92-0.260.970.930.940.970.96-0.75-0.89
0.890.820.910.950.910.950.920.890.530.83-0.710.420.890.850.8-0.30.970.930.820.870.81-0.56-0.95
0.970.740.960.920.960.930.810.950.790.99-0.820.520.970.980.89-0.260.880.940.820.90.97-0.84-0.72
0.980.660.980.970.90.970.940.950.850.94-0.90.760.980.960.98-0.250.940.970.870.90.93-0.71-0.86
0.970.770.960.930.910.930.810.950.810.99-0.790.580.970.970.9-0.260.880.960.810.970.93-0.9-0.75
-0.77-0.68-0.75-0.69-0.67-0.7-0.49-0.74-0.7-0.840.54-0.37-0.77-0.77-0.70.15-0.62-0.75-0.56-0.84-0.71-0.90.49
-0.84-0.75-0.86-0.92-0.81-0.92-0.91-0.83-0.49-0.750.65-0.46-0.83-0.78-0.770.36-0.95-0.89-0.95-0.72-0.86-0.750.49
Click cells to compare fundamentals

Xp Account Relationship Matchups

Xp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.6B96.0B139.3B192.0B249.0B261.5B
Other Current Liab9.1B21.8B23.3B64.3B28.9B17.6B
Total Current Liabilities25.4B55.0B75.4B98.5B126.3B132.6B
Total Stockholder Equity7.2B10.9B14.4B17.0B19.4B20.4B
Other Liab4.6B17.2B64.1B56.9B65.5B68.7B
Net Tangible Assets6.6B10.2B13.6B16.2B18.6B19.6B
Accounts Payable267M859.6M867.5M617.4M948.2M995.6M
Cash110M2.0B2.5B3.6B3.9B4.1B
Other Assets2M7.2B1.5B6.2B249.0B261.5B
Net Receivables705M4.6B13.4B22.8B29.5B31.0B
Other Current Assets(815.3M)(6.5B)(15.9B)932.3M(33.4B)(31.8B)
Other Stockholder Equity210.0M4.1B(171.9M)(2.0B)6.3B6.6B
Total Liab36.5B85.1B124.9B175.0B229.6B241.1B
Total Current Assets4.0B28.0B53.6B67.9B99.7B104.7B
Intangible Assets171.0M239.2M278.2M249.0M668.6M702.1M
Property Plant Equipment369.9M387.2M599M569.4M654.8M687.5M
Non Current Assets Total39.6B68.0B85.7B124.2B149.3B156.8B
Non Currrent Assets Other4.2B7.6B11.2B13.8B(55.5B)(52.8B)
Long Term Debt1.4B827.8M1.9B1.9B2.1B2.3B
Cash And Short Term Investments3.2B22.0B36.2B44.1B3.9B3.7B
Common Stock Shares Outstanding511.7M559.1M573.5M573.0M544.2M539.8M
Short Term Investments3.1B20.1B33.7B40.5B47.0B49.3B
Liabilities And Stockholders Equity43.6B96.0B139.3B192.0B249.0B261.5B
Non Current Liabilities Total11.1B30.2B49.5B76.5B103.3B108.4B
Long Term Investments34.2B58.8B71.8B107.4B117.5B123.3B
Property Plant And Equipment Gross369M387.2M660.3M661.9M840.7M882.7M
Short Long Term Debt116.5M51.7M27.9B33.7B35.5B37.3B
Accumulated Other Comprehensive Income6.9B10.9B14.6B19.0B13.1B8.1B
Non Current Liabilities Other17.7B39.3B29.0B1.1B20.7B14.3B
Short Term Debt15.6B31.8B26.3B33.7B56.8B59.7B
Short Long Term Debt Total17.1B32.7B28.2B35.5B61.8B64.9B
Property Plant And Equipment Net369M387.2M598.5M569.4M655.2M428.3M
Net Debt17B30.7B25.7B32.0B57.9B60.8B

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Additional Tools for Xp Stock Analysis

When running Xp's price analysis, check to measure Xp'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 Xp is operating at the current time. Most of Xp's value examination focuses on studying past and present price action to predict the probability of Xp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xp's price. Additionally, you may evaluate how the addition of Xp to your portfolios can decrease your overall portfolio volatility.