Exela Intangible Assets vs Accounts Payable Analysis

XELA Stock  USD 2.89  0.24  9.06%   
Exela Technologies financial indicator trend analysis is much more than just examining Exela Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exela Technologies is a good investment. Please check the relationship between Exela Technologies Intangible Assets and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exela Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Exela Stock refer to our How to Trade Exela Stock guide.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exela Technologies Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Exela Technologies' Intangible Assets and Accounts Payable is 0.29. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Exela Technologies, assuming nothing else is changed. The correlation between historical values of Exela Technologies' Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Exela Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Exela Technologies' Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Exela Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Exela Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Exela Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exela Technologies 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 Exela Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Exela Stock refer to our How to Trade Exela Stock guide.At present, Exela Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 143.4 M, whereas Selling General Administrative is forecasted to decline to about 10.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit277.5M199.7M170.2M266.1M
Total Revenue1.2B1.1B1.1B1.1B

Exela Technologies fundamental ratios Correlations

0.810.84-0.47-0.850.91-0.540.920.571.0-0.14-0.040.57-0.2-0.58-0.470.920.570.80.570.90.960.49-0.20.84-0.75
0.810.74-0.46-0.660.77-0.60.740.540.820.340.30.540.27-0.63-0.530.770.590.850.570.770.750.650.270.77-0.66
0.840.74-0.83-0.970.98-0.860.960.640.8-0.33-0.20.64-0.41-0.9-0.290.960.830.870.830.980.930.75-0.410.97-0.89
-0.47-0.46-0.830.84-0.790.93-0.72-0.7-0.410.490.34-0.70.560.95-0.13-0.77-0.88-0.66-0.84-0.79-0.66-0.620.56-0.850.78
-0.85-0.66-0.970.84-0.990.82-0.96-0.7-0.810.480.3-0.70.540.850.21-0.98-0.8-0.81-0.78-0.99-0.96-0.610.54-0.970.86
0.910.770.98-0.79-0.99-0.780.980.660.87-0.34-0.20.66-0.41-0.82-0.331.00.760.860.741.00.980.63-0.410.97-0.86
-0.54-0.6-0.860.930.82-0.78-0.75-0.75-0.490.280.17-0.750.360.99-0.11-0.76-0.98-0.76-0.97-0.79-0.67-0.740.36-0.880.87
0.920.740.96-0.72-0.960.98-0.750.630.89-0.34-0.20.63-0.41-0.79-0.320.970.740.830.750.980.970.6-0.410.95-0.86
0.570.540.64-0.7-0.70.66-0.750.630.54-0.25-0.161.0-0.3-0.730.260.690.840.640.740.680.630.28-0.30.75-0.63
1.00.820.8-0.41-0.810.87-0.490.890.54-0.080.010.54-0.14-0.53-0.490.880.520.780.540.870.940.46-0.140.8-0.72
-0.140.34-0.330.490.48-0.340.28-0.34-0.25-0.080.73-0.251.00.29-0.37-0.33-0.28-0.01-0.27-0.33-0.330.061.0-0.30.31
-0.040.3-0.20.340.3-0.20.17-0.2-0.160.010.73-0.160.720.18-0.29-0.19-0.17-0.2-0.16-0.2-0.190.060.72-0.20.14
0.570.540.64-0.7-0.70.66-0.750.631.00.54-0.25-0.16-0.3-0.730.260.690.840.640.740.680.630.28-0.30.75-0.63
-0.20.27-0.410.560.54-0.410.36-0.41-0.3-0.141.00.72-0.30.37-0.35-0.4-0.36-0.09-0.35-0.41-0.39-0.021.0-0.380.38
-0.58-0.63-0.90.950.85-0.820.99-0.79-0.73-0.530.290.18-0.730.37-0.01-0.8-0.96-0.79-0.94-0.83-0.71-0.780.37-0.90.86
-0.47-0.53-0.29-0.130.21-0.33-0.11-0.320.26-0.49-0.37-0.290.26-0.35-0.01-0.320.17-0.360.15-0.31-0.38-0.41-0.35-0.190.02
0.920.770.96-0.77-0.981.0-0.760.970.690.88-0.33-0.190.69-0.4-0.8-0.320.750.850.721.00.980.58-0.40.97-0.85
0.570.590.83-0.88-0.80.76-0.980.740.840.52-0.28-0.170.84-0.36-0.960.170.750.750.980.770.670.68-0.360.86-0.85
0.80.850.87-0.66-0.810.86-0.760.830.640.78-0.01-0.20.64-0.09-0.79-0.360.850.750.740.860.820.74-0.090.89-0.77
0.570.570.83-0.84-0.780.74-0.970.750.740.54-0.27-0.160.74-0.35-0.940.150.720.980.740.760.660.72-0.350.84-0.89
0.90.770.98-0.79-0.991.0-0.790.980.680.87-0.33-0.20.68-0.41-0.83-0.311.00.770.860.760.980.63-0.410.98-0.86
0.960.750.93-0.66-0.960.98-0.670.970.630.94-0.33-0.190.63-0.39-0.71-0.380.980.670.820.660.980.54-0.390.92-0.81
0.490.650.75-0.62-0.610.63-0.740.60.280.460.060.060.28-0.02-0.78-0.410.580.680.740.720.630.54-0.020.65-0.64
-0.20.27-0.410.560.54-0.410.36-0.41-0.3-0.141.00.72-0.31.00.37-0.35-0.4-0.36-0.09-0.35-0.41-0.39-0.02-0.380.38
0.840.770.97-0.85-0.970.97-0.880.950.750.8-0.3-0.20.75-0.38-0.9-0.190.970.860.890.840.980.920.65-0.38-0.9
-0.75-0.66-0.890.780.86-0.860.87-0.86-0.63-0.720.310.14-0.630.380.860.02-0.85-0.85-0.77-0.89-0.86-0.81-0.640.38-0.9
Click cells to compare fundamentals

Exela Technologies Account Relationship Matchups

Exela Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.2B1.0B721.9M636.3M975.5M
Short Long Term Debt Total1.6B1.6B1.3B1.2B1.1B1.3B
Total Current Liabilities466.0M454.7M499.9M510.0M394.9M344.6M
Total Stockholder Equity(743.0M)(926.5M)(666.8M)(807.6M)(855.5M)(812.7M)
Net Tangible Assets(1.4B)(1.6B)(1.3B)(1.2B)(1.1B)(1.1B)
Net Debt1.6B1.6B1.3B1.1B1.0B1.0B
Retained Earnings(1.2B)(1.4B)(1.5B)(1.9B)(2.1B)(2.0B)
Accounts Payable86.2M76.0M61.7M79.2M63.0M60.3M
Cash6.2M68.2M20.8M15.1M67.2M70.5M
Non Current Assets Total939.4M834.5M757.1M531.4M455.1M755.7M
Non Currrent Assets Other17.9M18.7M24.8M29.7M24.5M23.3M
Other Assets2K34.9M94.2K26.9M24.2M23.0M
Cash And Short Term Investments6.2M68.2M20.8M15.1M67.2M70.5M
Retained Earnings Total Equity(678.6M)(1.2B)(1.5B)(1.9B)(1.8B)(1.7B)
Common Stock Shares Outstanding12.1K12.3K29.5K308.0K6.0M6.3M
Liabilities And Stockholders Equity1.3B1.2B1.0B721.9M636.3M975.5M
Non Current Liabilities Total1.5B1.6B1.2B1.0B1.1B1.0B
Other Current Assets23.7M31.1M31.8M26.2M25.7M23.5M
Other Stockholder Equity483.8M488.0M884.0M1.1B1.2B1.2B
Total Liab2.0B2.1B1.7B1.5B1.5B1.4B
Total Current Assets318.9M323.3M279.9M190.5M181.2M219.8M
Short Term Debt75.6M70.5M167.4M172.2M45.7M78.7M
Other Current Liab260.1M270.5M236.4M225.3M274.0M223.6M
Other Liab56.6M43.4M61.5M49.2M44.3M45.7M
Long Term Debt1.4B1.5B1.1B942.0M1.0B934.6M
Net Receivables262.1M207.6M184.8M102.4M76.9M143.8M
Good Will359.8M359.8M358.3M186.8M170.5M322.1M
Short Term Investments420K632K8.9M2.9M1.9M1.8M
Inventory19.0M14.3M15.2M16.8M11.5M15.9M
Deferred Long Term Liab8.0M3.3M11.6M11.2M10.1M7.5M
Short Long Term Debt36.5M40.0M144.8M154.8M30.0M28.5M
Intangible Assets342.4M292.7M244.5M201.0M164.9M237.5M
Property Plant Equipment133.0M113.6M156.7M127.4M146.5M129.4M
Accumulated Other Comprehensive Income(15.4M)(24.5M)(18.4M)(8.4M)49.3M51.7M
Property Plant And Equipment Net207.3M156.7M127.4M112.4M92.2M109.9M
Current Deferred Revenue44.0M37.7M34.3M33.4M12.1M11.5M
Long Term Debt Total1.3B1.4B1.1B942.0M847.8M972.8M
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 Exela Technologies 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, Exela Technologies' short interest history, or implied volatility extrapolated from Exela Technologies options trading.

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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 Exela Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Exela Technologies' 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 Exela Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Exela Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exela Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Exela Stock refer to our How to Trade Exela Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Exela Technologies' price analysis, check to measure Exela Technologies' 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 Exela Technologies is operating at the current time. Most of Exela Technologies' value examination focuses on studying past and present price action to predict the probability of Exela Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exela Technologies' price. Additionally, you may evaluate how the addition of Exela Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Exela Technologies' 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 Exela Technologies. If investors know Exela 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 Exela Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(22.37)
Revenue Per Share
177.843
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0021
The market value of Exela Technologies is measured differently than its book value, which is the value of Exela that is recorded on the company's balance sheet. Investors also form their own opinion of Exela Technologies' value that differs from its market value or its book value, called intrinsic value, which is Exela Technologies' 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 Exela Technologies' market value can be influenced by many factors that don't directly affect Exela Technologies' 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 Exela Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exela Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exela Technologies' 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.