Xerox Income Tax Expense vs Minority Interest Analysis

XRX Stock  USD 14.00  0.18  1.27%   
Xerox Corp financial indicator trend analysis is more than just analyzing Xerox Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xerox Corp is a good investment. Please check the relationship between Xerox Corp Income Tax Expense and its Minority Interest accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xerox 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 metropolitan statistical area.
For more information on how to buy Xerox Stock please use our How to Invest in Xerox Corp guide.

Income Tax Expense vs Minority Interest

Income Tax Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xerox Corp Income Tax Expense account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xerox Corp's Income Tax Expense and Minority Interest is 0.53. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Xerox Corp, assuming nothing else is changed. The correlation between historical values of Xerox Corp's Income Tax Expense and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Xerox Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Income Tax Expense i.e., Xerox Corp's Income Tax Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Xerox Corp whose combined shares represent less than 50% of the total outstanding shares issued by Xerox Corp have a minority interest in Xerox Corp.
Most indicators from Xerox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xerox 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 Xerox 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 metropolitan statistical area.
For more information on how to buy Xerox Stock please use our How to Invest in Xerox Corp guide.At this time, Xerox Corp's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 851.3 M in 2024, whereas Tax Provision is likely to drop slightly above 23.8 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.0B7.1B6.9B12.3B
Depreciation And Amortization327M270M251M238.5M

Xerox Corp fundamental ratios Correlations

0.960.840.950.920.550.910.830.060.990.580.060.940.940.930.210.760.860.980.850.730.910.880.890.470.03
0.960.750.930.80.360.890.750.070.950.440.070.880.940.890.10.590.830.990.760.680.870.740.790.31-0.02
0.840.750.880.770.740.770.69-0.080.820.39-0.080.720.710.750.450.90.610.820.770.680.720.830.910.610.1
0.950.930.880.840.490.890.80.00.940.460.00.880.860.870.150.740.770.960.810.850.920.830.850.37-0.04
0.920.80.770.840.670.870.840.150.940.750.150.960.870.930.170.840.880.820.920.710.850.930.860.540.08
0.550.360.740.490.670.580.35-0.330.570.57-0.330.550.480.50.720.910.480.430.530.350.480.810.760.890.18
0.910.890.770.890.870.580.72-0.140.950.57-0.140.940.890.930.140.740.870.890.780.710.920.870.830.480.01
0.830.750.690.80.840.350.720.280.830.440.280.810.680.81-0.050.610.630.780.820.660.740.710.760.30.28
0.060.07-0.080.00.15-0.33-0.140.280.010.181.00.090.150.21-0.55-0.140.210.040.410.12-0.1-0.18-0.05-0.44-0.03
0.990.950.820.940.940.570.950.830.010.630.010.960.930.940.190.770.870.960.840.730.940.910.890.490.06
0.580.440.390.460.750.570.570.440.180.630.180.70.610.660.130.610.710.460.630.440.640.710.570.40.13
0.060.07-0.080.00.15-0.33-0.140.281.00.010.180.090.150.21-0.55-0.140.210.040.410.12-0.1-0.18-0.05-0.44-0.03
0.940.880.720.880.960.550.940.810.090.960.70.090.920.960.050.740.940.880.880.750.920.890.810.43-0.04
0.940.940.710.860.870.480.890.680.150.930.610.150.920.930.120.640.950.920.840.690.830.770.790.37-0.06
0.930.890.750.870.930.50.930.810.210.940.660.210.960.930.00.720.930.890.920.70.870.820.840.370.03
0.210.10.450.150.170.720.14-0.05-0.550.190.13-0.550.050.120.00.52-0.020.170.01-0.110.10.390.450.810.28
0.760.590.90.740.840.910.740.61-0.140.770.61-0.140.740.640.720.520.640.660.770.580.680.910.850.750.04
0.860.830.610.770.880.480.870.630.210.870.710.210.940.950.93-0.020.640.810.860.670.810.760.70.33-0.18
0.980.990.820.960.820.430.890.780.040.960.460.040.880.920.890.170.660.810.790.710.90.790.850.37-0.01
0.850.760.770.810.920.530.780.820.410.840.630.410.880.840.920.010.770.860.790.740.730.770.790.36-0.04
0.730.680.680.850.710.350.710.660.120.730.440.120.750.690.7-0.110.580.670.710.740.760.660.610.1-0.17
0.910.870.720.920.850.480.920.74-0.10.940.64-0.10.920.830.870.10.680.810.90.730.760.880.780.37-0.01
0.880.740.830.830.930.810.870.71-0.180.910.71-0.180.890.770.820.390.910.760.790.770.660.880.890.680.1
0.890.790.910.850.860.760.830.76-0.050.890.57-0.050.810.790.840.450.850.70.850.790.610.780.890.690.3
0.470.310.610.370.540.890.480.3-0.440.490.4-0.440.430.370.370.810.750.330.370.360.10.370.680.690.24
0.03-0.020.1-0.040.080.180.010.28-0.030.060.13-0.03-0.04-0.060.030.280.04-0.18-0.01-0.04-0.17-0.010.10.30.24
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Xerox Corp Account Relationship Matchups

Xerox Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1B14.7B13.2B11.5B10.0B19.2B
Short Long Term Debt Total4.3B4.4B4.2B3.7B3.5B6.8B
Other Current Liab1.2B961M916M985M980M1.6B
Total Current Liabilities3.4B2.5B2.8B3.3B2.8B4.3B
Total Stockholder Equity5.8B5.8B4.7B3.3B2.8B2.6B
Property Plant And Equipment Net941M790M703M611M555M667.9M
Net Debt1.5B1.8B2.4B2.7B2.9B2.7B
Retained Earnings6.3B6.3B5.6B5.1B5.0B5.2B
Cash2.7B2.6B1.8B1.0B589M559.6M
Non Current Assets Total8.9B9.0B8.5B7.4B6.8B11.5B
Non Currrent Assets Other3.4B3.4B3.8B3.2B700M665M
Cash And Short Term Investments2.7B2.6B1.8B1.0B589M559.6M
Net Receivables2.5B2.1B2.0B2.0B1.8B1.7B
Common Stock Shares Outstanding222.0M211.4M183.2M156.0M149.1M228.1M
Liabilities And Stockholders Equity15.1B14.7B13.2B11.5B10.0B19.2B
Non Current Liabilities Total5.8B6.5B5.7B4.9B4.5B4.2B
Inventory694M843M696M797M661M1.2B
Other Current Assets201M251M211M254M151M143.5M
Other Stockholder Equity2.7B2.4B1.6B1.4B1.1B1.1B
Total Liab9.2B8.9B8.6B8.2B7.2B14.0B
Total Current Assets6.1B5.8B4.7B4.1B3.2B3.0B
Short Term Debt1.0B394M650M860M608M577.6M
Accounts Payable1.1B983M1.1B1.3B1.0B1.2B
Intangible Assets199M237M211M208M245M232.8M
Other Liab2.3B2.1B2.1B1.6B1.4B2.6B
Current Deferred Revenue158M140M194M154M147M292.2M
Other Assets1.4B4.7B2.5B1.5B1.4B2.4B
Long Term Debt3.2B4.1B3.6B2.9B2.7B2.6B
Good Will3.9B4.1B3.3B2.8B2.7B4.8B
Accumulated Other Comprehensive Income(3.6B)(3.3B)(3.0B)(3.5B)(3.7B)(3.9B)
Common Stock215M198M168M156M123M116.9M
Property Plant Equipment745M717M358M535M481.5M457.4M
Common Stock Total Equity255M232M215M198M178.2M169.3M
Property Plant And Equipment Gross1.1B703M611M555M3.4B3.6B
Deferred Long Term Liab176M158M147M135M155.3M163.0M
Net Tangible Assets1.4B1.2B938M220M198M188.1M

Xerox Corp Investors Sentiment

The influence of Xerox Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Xerox. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Xerox Corp's public news can be used to forecast risks associated with an investment in Xerox. The trend in average sentiment can be used to explain how an investor holding Xerox can time the market purely based on public headlines and social activities around Xerox Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Xerox Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Xerox Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Xerox Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Xerox Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Xerox Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Xerox Corp's short interest history, or implied volatility extrapolated from Xerox Corp options trading.

Also Currently Popular

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 Xerox Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xerox Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xerox Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xerox Corp Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xerox 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 metropolitan statistical area.
For more information on how to buy Xerox Stock please use our How to Invest in Xerox Corp guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Xerox Corp's price analysis, check to measure Xerox Corp'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 Xerox Corp is operating at the current time. Most of Xerox Corp's value examination focuses on studying past and present price action to predict the probability of Xerox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xerox Corp's price. Additionally, you may evaluate how the addition of Xerox Corp to your portfolios can decrease your overall portfolio volatility.
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Is Xerox Corp'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 Xerox Corp. If investors know Xerox 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 Xerox Corp 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
0.177
Dividend Share
1
Earnings Share
(1.46)
Revenue Per Share
47.349
Quarterly Revenue Growth
(0.12)
The market value of Xerox Corp is measured differently than its book value, which is the value of Xerox that is recorded on the company's balance sheet. Investors also form their own opinion of Xerox Corp's value that differs from its market value or its book value, called intrinsic value, which is Xerox Corp'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 Xerox Corp's market value can be influenced by many factors that don't directly affect Xerox Corp'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 Xerox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xerox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xerox Corp'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.