XinFin Network Price, Chart, Market Cap, XDCE Coin Essentials

xdce price

It is advisable to consult with a financial advisor to determine an appropriate risk tolerance level for your investment portfolio. It’s essential to emphasize that these xdce price scenarios are speculative in nature and should not be construed as financial advice. The cryptocurrency market is inherently volatile, and prices can exhibit rapid fluctuations.

TradeFinex invites Global Public Investors (GPIs), regulators , fintech companies , and financial & government institutions for the same. TradeFinex invites Global Public Investors ( GPIs ), regulators , fintech companies , and financial & government institutions for the same. TradeFinex’s Application Programming Interfaces (APIs) also provide further interoperability with other systems and platforms — thus enriching the whole trade and infrastructure finance ecosystem. Several factors can impact the price of XDC, including market sentiment, overall cryptocurrency market conditions, regulatory developments, technological advancements, and adoption rates.

Token Contract (WITH 18 Decimals)

Notably, XDC Network was the first and only blockchain invited to join the Trade Finance Distribution Initiative (TFDi), a consortium of the world’s leading banks and non-bank financial institutions established to bridge the $5 trillion trade finance gap. It was also invited to join the ITFA’s Digital Negotiable Instruments Initiative (DNI). Tradeteq was responsible for the world’s first trade finance-based non-fungible token (NFT) issuance on the XDC Network in late 2021. In 2023, through the efforts of Tradeteq and Securitize, the XDC Network rolled out its first compliant U.S.

The best month for XinFin Network has been December for the last seven years, five times the price of XDCE at the end of December was higher than the price at the start of the month. The worst month is June, five times out of 7, the price at the end of June was lower than starting price. Since then, the price of XDC has experienced some corrections and currently trades around $0.055.

Which wallet has XDC?

Ledger is a cold wallet that supports more than 5 500 cryptocurrencies including XDC.

Monthly Performance

The focus of XDC Network is to promote a decentralized and informed community rather than solely attracting potential investors based on future viability or profitability. The live XDC Network price today is $0.05 with a 24-hour trading volume of $17.52M. The live market cap, measured by multiplying the number of coins by the current price is . XinFin is a Hybrid Blockchain technology company focused on international trade and finance. The primary objective of XinFin is to minimize global infrastructure deficit by enabling peer to peer financing between Governments, corporations, buyers and suppliers to make efficient use of capital and deploy projects.

Will Stellar reach $1?

Our analysis of XLM's technical indicators and adoption trends suggests it could reach $1 by 2030. However, macro factors may pose resistance.

It’s important to stay informed about these factors and their potential impact on the project. In such circumstances, even if the total crypto market cap reaches $3 trillion, XDC could trade around $0.058 in the short term, struggling to surpass $0.19 by 2030, even if the total crypto market cap exceeds $10 trillion. In an optimistic market scenario where the total crypto market cap reaches $3 trillion and XDC maintains its current 0.05% market dominance, we could anticipate its price surging to $0.11.

  1. One such project is XDC Network (XDC), a hybrid blockchain that aims to revolutionize the trade and finance sectors globally.
  2. Historically the price of XDCE last day of December was above the open price five times out of 7, and 2 out of 7 the price was lower than the price at the start of the month.
  3. XDC is available on several reputable exchanges, including Bitfinex, KuCoin, Huobi, Bittrex, and Gate.io.
  4. Built on open standards, it brings together multiple stakeholders — financiers & investors, buyer, suppliers, government and regulatory bodies — through a decentralized platform.
  5. A seasoned professional with nearly three decades of hands on experience starting businesses globally.

XinFin Network Price Prediction for 2040, Based on our forecast, we anticipate that by 2040, the price of XDCE will range between $0.6831 and $1.84. This forecast suggests a potential increase of up to 2,518% compared to its current value. XDC is available on several reputable exchanges, including Bitfinex, KuCoin, Huobi, Bittrex, and Gate.io. While it’s difficult to predict the precise future price of any cryptocurrency, the likelihood of XDC hitting $100 in the foreseeable future is relatively low. In a more bullish projection, with the crypto market expanding to $10 trillion, XDC’s value might skyrocket to an impressive $0.38, potentially yielding a 7x return for investors. In other words, $17.52M have changed hands within the past 24 hours through trading.

xdce price

You can buy, sell or trade XinFin Coin (XDCE) on more than 10 exchange listed above. Compared to other crypto coins which started the same year as XinFin Network it has above-average trading volume, average volume for the other 812 coins started in 2018 is $7M while XDCE has $23M. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Based on the market data and expert opinions, XDC has the potential to be a good investment in 2025.

  1. XDC Network has been actively working on enhancing its ecosystem and expanding its partnerships.
  2. However, conducting thorough research and considering the risks is important before making investment decisions.
  3. Various teams supporting and utilizing the XDC Network posit that trade finance is the definitive use case for blockchain technology and that public blockchain networks, like the XDC Network, are the vehicle for industry transformation.
  4. The XDCE token will be available and will be tradeable on most exchanges.
  5. Similarly, the weekly chart’s relative strength index (RSI) is at 67.32, also indicating natural conditions in the market.

Performance vs.

XinFin (XDCE) describes itself as an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XDC protocol is architected to support smart contracts, KYC, and masternodes. The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the goal of creating a ‘highly-scalable, secure, permissioned, and commercial grade’ blockchain network. The current price of XDC Network (XDC) is approximately $0.07008, reflecting a decrease of -6.65% in the last 24 hours. XDC Network’s market cap is currently $1.05 billion, accounting for about 0.03% of the total crypto market cap.

Despite the mixed trend, XDC Network holds the potential to recover and reach new highs in the upcoming years. With their expertise and vision, XDC Network has overcome numerous obstacles in the global trading and financial space, bringing together buyers, suppliers, financiers, trade unions, and banks on a peer-to-peer platform. Prior to joining XinFin, Joseph served as the MD for Perennis Capital Inc. He was the director of social ventures for DreamFund Holdings and was co-founder of ECCMOX Inc., a sustainability consultancy to global engineering firms and Government Services Canada.

Based in America, Emerson has been working professionally in the field of finance throughout his collegiate career via internships and student government positions. Secure, scalable, and highly efficient, the XDC Network powers a wide range of novel blockchain use cases and provides state-of-the-art infrastructure for enterprise-grade blockchain applications. XDC protocol is architected to support smart contracts layer, KYC/AML layer and price stability using it’s hedge pool for existing cryptocurrencies like Bitcoin BTC, Bitcoincash BCH, Litecoin LTC and Ripple XRP on it’s tradefinex.org platform. The XDC protocol also supports FIAT payment methods and will support upcoming nationally issued cryptocurrencies. Traders, by using the XDCE token, will allow for the XDC01 (XDC) token to be used primarily for institutional level partners. Most importantly, this will also allow the XDC01 to grow strictly from use cases, all the while keeping traders, using XDCE, connected and benefiting from the growth of the XDC01.

What crypto will go up in 2025?

In 2025, attention will turn to the Trump administration's attempts to provide regulatory clarity for the crypto industry. Some analysts say bitcoin could rise to $200,000 by the end of next year, amid growing demand from institutional investors, though history would suggest the market may be due for a correction.

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Fixed Asset Turnover Ratio Formula

fixed asset turnover ratio formula

To get more about the fixed asset fixed asset turnover ratio formula turnover ratio, its formula, calculation, and which ratio is a good indication, keep reading. The ave­rage fixed assets re­present the me­an value of the company’s fixed asse­ts listed on the balance she­et over a specific pe­riod. To calculate this, add up the total value of fixed asse­ts at the beginning and end of the­ period, then divide by two. This is because the fixed asset turnover is the ratio of the revenue and the average fixed asset. And since both of them cannot be negative, the fixed asset turnover can’t be negative. Also, a high fixed asset turnover does not necessarily mean that a company is profitable.

Difference Between Invoice vs Receipt: A Complete Guide for Businesses

The fixed asset turnover ratio demonstrates the effectiveness of a company’s current fixed assets in driving sales. Because of this, it’s crucial for analysts and investors to compare a company’s most current ratio to both its historical ratios as well as ratio values from peers and/or the industry average. To identify underperforming assets, calculate turnover ratios for each major fixed asset or asset category. Assess whether revenue generated per dollar of net fixed assets meets expectations given the type of asset. Dig deeper into low turnover assets to understand root causes, such as inadequate utilization, frequent downtime, or insufficient supporting resources. Once you’ve calculated the fixed asset turnover ratio, compare it against industry benchmarks to evaluate performance.

This ratio provides insights into how well a company is utilizing its entire resource base to generate profits. Industries with high capital intensity, such as manufacturing or transportation, typically have higher fixed assets turnover ratios compared to service-oriented industries like consulting or healthcare. The net fixed assets include the amount of property, plant, and equipment, less the accumulated depreciation. Generally, a higher fixed asset ratio implies more effective utilization of investments in fixed assets to generate revenue.

Factors like capital-intensive industry, type, demand, and supply of product, age and operational time of fixed assets, and others significantly impact the asset turnover ratio. It is impossible to determine a company’s ability to invest and utilize fixed assets to generate net sales. Understanding and effectively utilizing the fixed asset turnover ratio empowers you to gain valuable insights into the efficiency of your asset utilization. Return on Assets (ROA) is a profitability ratio that measures the efficiency of a company’s management in generating profit from its total assets.

  1. Factors like capital-intensive industry, type, demand, and supply of product, age and operational time of fixed assets, and others significantly impact the asset turnover ratio.
  2. When interpreting a fixed asset figure, you must consider the manufacturing industry average.
  3. The table below provides additional financial ratios for the company, specifying whether they are consolidated or standalone.
  4. Dig deeper into low turnover assets to understand root causes, such as inadequate utilization, frequent downtime, or insufficient supporting resources.
  5. The fixed assets turnover ratio is calculated by dividing net sales by the average value of fixed assets over a specific period.
  6. Next, determine the revenue amount over the same period as the fixed assets to calculate the ratio’s numerator.

Benchmarking and Evaluating the Calculated Ratio

fixed asset turnover ratio formula

To accurately assess the pe­rformance of your company, it’s imperative that you compare your ratio with competitors and monitor its progre­ssion over time. Comparing a company’s fixed asset turnover ratio to industry benchmarks can offer insights into relative performance. However, it’s essential to ensure that the comparisons are made with businesses of similar size and operational nature.

To compute the average fixed assets, add the beginning and ending balances of fixed assets and divide the sum by two. Net sales represent the total revenue generated from the sale of goods and services, excluding discounts, returns, and allowances. While the fixed-asset turnover ratio can provide valuable insights, it also has its limitations. For one, it doesn’t take into account the age or condition of a company’s fixed assets. A company with older, fully depreciated assets may have a higher ratio than a company with newer, more valuable assets, even if the latter is actually more efficient.

CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path. All of these are depreciated from the initial asset value periodically until they reach the end of their usefulness or are retired. From Year 0 to the end of Year 5, the company’s net revenue expanded from $120 million to $160 million, while its PP&E declined from $40 million to $29 million.

  1. This allows them to perform a valuation based only on publicly available information provided by the company.
  2. A technology company like Meta has a significantly smaller fixed asset base than a manufacturing giant like Caterpillar.
  3. Over time, positive increases in the fixed asset turnover ratio can serve as an indication that a company is gradually expanding into its capacity as it matures (and the reverse for decreases across time).
  4. In addition, the fixed assets turnover ratio provides valuable insights into the effectiveness of asset management and operational efficiency within an organization.
  5. The fixed asset turnover ratio  compares net sales to the average fixed assets on the balance sheet, with higher ratios indicating greater productivity from existing assets.
  6. Prior to founding FloQast, he managed the accounting team at Cornerstone OnDemand, a SaaS company in Los Angeles.

Running Profit & Loss Reports for Revenue Data

Just-in-time (JIT) inventory management, for instance, is a system whereby a firm receives inputs as close as possible to when they are needed. So, if a car assembly plant needs to install airbags, it does not keep a stock of airbags on its shelves but receives them as those cars come onto the assembly line. This is ultimately the question we need, or which is most important, to answer. Simply put, the higher the turnover ratio, the more efficient a company is (at least at managing its fixed-asset investments). Fixed assets are long-term tangible assets held by a company for use in its business operations. They include property, plant, equipment, machinery, buildings, and other assets that are not intended for sale in the ordinary course of business.

This includes current assets like cash, accounts receivable and inventory, as well as long-term assets like property, plant and equipment. Conversely, a decreasing ratio over time could signal that existing fixed assets have become less productive or obsolete. However, it may also reflect a purposeful shift toward more capital-intensive activities supported by major new fixed asset investments.

fixed asset turnover ratio formula

To get a compre­hensive understanding of e­fficiency and profitability, it’s important to analyze fixed asse­t turnover in conjunction with other financial ratios such as ROA, ROI, and asset utilization. By comparing the­se ratios across different companie­s and time periods, you can gain valuable insights and make­ more meaningful interpre­tations. The fixed asset focuses on analyzing the effectiveness of a company in utilizing its fixed asset or PP&E, which is a non-current asset. The asset turnover ratio, on the other hand, consider total assets, which includes both current and non-current assets.

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