Crexendo Current Ratio from 2010 to 2024
| CXDO Stock | USD 4.18 0.04 0.95% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.55403957 | Current Value 1.38 | Quarterly Volatility 1.66871036 |
Check Crexendo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crexendo main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.7 M, Interest Expense of 206.5 K or Selling General Administrative of 15.2 M, as well as many exotic indicators such as Price To Sales Ratio of 3.32, Dividend Yield of 0.001 or PTB Ratio of 4.49. Crexendo financial statements analysis is a perfect complement when working with Crexendo Valuation or Volatility modules.
Crexendo | Current Ratio |
Latest Crexendo's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Crexendo over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Crexendo's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Crexendo's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.16 X | 10 Years Trend |
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Current Ratio |
| Timeline |
Crexendo Current Ratio Regression Statistics
| Arithmetic Mean | 1.88 | |
| Geometric Mean | 1.55 | |
| Coefficient Of Variation | 88.87 | |
| Mean Deviation | 0.82 | |
| Median | 1.55 | |
| Standard Deviation | 1.67 | |
| Sample Variance | 2.78 | |
| Range | 7.2352 | |
| R-Value | 0.17 | |
| Mean Square Error | 2.91 | |
| R-Squared | 0.03 | |
| Significance | 0.55 | |
| Slope | 0.06 | |
| Total Sum of Squares | 38.98 |
Crexendo Current Ratio History
About Crexendo Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Crexendo income statement, its balance sheet, and the statement of cash flows. Crexendo investors use historical funamental indicators, such as Crexendo's Current Ratio, to determine how well the company is positioned to perform in the future. Although Crexendo investors may use each financial statement separately, they are all related. The changes in Crexendo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crexendo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Crexendo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Crexendo. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.55 | 1.38 |
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 Crexendo 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, Crexendo's short interest history, or implied volatility extrapolated from Crexendo options trading.
Pair Trading with Crexendo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crexendo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crexendo will appreciate offsetting losses from the drop in the long position's value.Moving together with Crexendo Stock
| 0.79 | FUBO | FubotvInc Aggressive Push | PairCorr |
Moving against Crexendo Stock
| 0.8 | CHRD | Chord Energy Corp Financial Report 1st of May 2024 | PairCorr |
| 0.54 | WU | Western Union Financial Report 7th of May 2024 | PairCorr |
| 0.45 | CLSK | CleanSpark Aggressive Push | PairCorr |
The ability to find closely correlated positions to Crexendo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crexendo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crexendo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crexendo to buy it.
The correlation of Crexendo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crexendo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crexendo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crexendo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Crexendo Correlation against competitors. To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.Note that the Crexendo information on this page should be used as a complementary analysis to other Crexendo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Crexendo Stock analysis
When running Crexendo's price analysis, check to measure Crexendo'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 Crexendo is operating at the current time. Most of Crexendo's value examination focuses on studying past and present price action to predict the probability of Crexendo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crexendo's price. Additionally, you may evaluate how the addition of Crexendo to your portfolios can decrease your overall portfolio volatility.
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Is Crexendo'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 Crexendo. If investors know Crexendo 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 Crexendo 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 35.376 | Earnings Share (0.01) | Revenue Per Share 2.05 | Quarterly Revenue Growth 0.238 | Return On Assets (0.02) |
The market value of Crexendo is measured differently than its book value, which is the value of Crexendo that is recorded on the company's balance sheet. Investors also form their own opinion of Crexendo's value that differs from its market value or its book value, called intrinsic value, which is Crexendo'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 Crexendo's market value can be influenced by many factors that don't directly affect Crexendo'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 Crexendo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crexendo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crexendo'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.