000156 Stock | | | 8.40 0.34 4.22% |
Wasu Media financial indicator trend analysis is more than just analyzing Wasu Media Holding current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wasu Media Holding is a good investment. Please check the relationship between Wasu Media Net Income and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wasu Media Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Net Income vs Reconciled Depreciation
Net Income vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wasu Media Holding Net Income account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wasu Media's Net Income and Reconciled Depreciation is 0.61. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Wasu Media Holding, assuming nothing else is changed. The correlation between historical values of Wasu Media's Net Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Wasu Media Holding are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income i.e., Wasu Media's Net Income and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Wasu Media Holding financial statement analysis. It represents the amount of money remaining after all of Wasu Media Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Reconciled Depreciation
Most indicators from Wasu Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wasu Media Holding 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wasu Media Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 1.2
B. The current year's
Tax Provision is expected to grow to about 16
MWasu Media fundamental ratios Correlations
Click cells to compare fundamentals
Wasu Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wasu Media fundamental ratios Accounts
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Other Information on Investing in Wasu Stock
Balance Sheet is a snapshot of the
financial position of Wasu Media Holding at a specified time, usually calculated after every quarter, six months, or one year. Wasu Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wasu Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wasu currently owns. An asset can also be divided into two categories, current and non-current.