Wasu Net Income vs Reconciled Depreciation Analysis

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 DirectionPositive 
Relationship StrengthSignificant

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 M
 2021 2022 2023 2024 (projected)
Operating Income789.1M725.2M623.2M374.5M
Total Revenue8.5B9.4B9.7B10.2B

Wasu Media fundamental ratios Correlations

0.380.940.860.850.950.840.940.90.010.90.280.950.860.970.940.950.810.890.830.840.010.84-0.870.80.85
0.380.290.520.510.340.50.490.550.050.330.080.250.40.450.430.440.250.380.440.140.280.23-0.480.520.19
0.940.290.70.721.00.680.960.92-0.130.950.160.980.830.850.980.970.830.920.880.87-0.10.86-0.850.880.89
0.860.520.70.970.720.860.770.770.150.690.330.70.720.910.750.780.690.810.770.690.240.69-0.80.680.65
0.850.510.720.970.740.790.790.80.190.690.430.710.720.880.770.80.670.830.770.670.350.67-0.850.710.63
0.950.341.00.720.740.70.950.94-0.120.970.150.980.830.850.990.980.860.930.910.88-0.110.88-0.870.90.9
0.840.50.680.860.790.70.750.74-0.010.620.20.690.720.920.720.750.530.660.610.530.060.55-0.620.610.55
0.940.490.960.770.790.950.750.92-0.070.90.160.930.850.90.970.980.770.890.870.780.00.79-0.860.870.81
0.90.550.920.770.80.940.740.92-0.070.910.230.870.770.840.950.940.760.90.880.770.070.8-0.890.940.78
0.010.05-0.130.150.19-0.12-0.01-0.07-0.07-0.19-0.08-0.11-0.090.11-0.12-0.08-0.18-0.08-0.14-0.180.6-0.19-0.11-0.14-0.19
0.90.330.950.690.690.970.620.90.91-0.190.10.940.770.770.960.940.910.930.930.93-0.20.94-0.850.880.92
0.280.080.160.330.430.150.20.160.23-0.080.10.190.210.310.170.180.090.20.060.120.460.11-0.420.140.1
0.950.250.980.70.710.980.690.930.87-0.110.940.190.850.860.950.940.880.890.840.91-0.190.9-0.810.790.93
0.860.40.830.720.720.830.720.850.77-0.090.770.210.850.830.830.850.70.720.70.72-0.090.73-0.70.660.73
0.970.450.850.910.880.850.920.90.840.110.770.310.860.830.870.890.680.80.740.70.140.7-0.820.720.71
0.940.430.980.750.770.990.720.970.95-0.120.960.170.950.830.870.990.830.930.920.84-0.030.85-0.90.930.86
0.950.440.970.780.80.980.750.980.94-0.080.940.180.940.850.890.990.810.920.90.820.00.83-0.890.910.84
0.810.250.830.690.670.860.530.770.76-0.180.910.090.880.70.680.830.810.910.90.98-0.340.99-0.730.720.98
0.890.380.920.810.830.930.660.890.9-0.080.930.20.890.720.80.930.920.910.980.91-0.010.9-0.890.910.91
0.830.440.880.770.770.910.610.870.88-0.140.930.060.840.70.740.920.90.90.980.89-0.070.89-0.850.920.88
0.840.140.870.690.670.880.530.780.77-0.180.930.120.910.720.70.840.820.980.910.89-0.320.99-0.740.720.97
0.010.28-0.10.240.35-0.110.060.00.070.6-0.20.46-0.19-0.090.14-0.030.0-0.34-0.01-0.07-0.32-0.34-0.320.11-0.34
0.840.230.860.690.670.880.550.790.8-0.190.940.110.90.730.70.850.830.990.90.890.99-0.34-0.740.730.96
-0.87-0.48-0.85-0.8-0.85-0.87-0.62-0.86-0.89-0.11-0.85-0.42-0.81-0.7-0.82-0.9-0.89-0.73-0.89-0.85-0.74-0.32-0.74-0.88-0.73
0.80.520.880.680.710.90.610.870.94-0.140.880.140.790.660.720.930.910.720.910.920.720.110.73-0.880.75
0.850.190.890.650.630.90.550.810.78-0.190.920.10.930.730.710.860.840.980.910.880.97-0.340.96-0.730.75
Click cells to compare fundamentals

Wasu Media Account Relationship Matchups

Wasu Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B23.4B25.6B27.1B29.3B30.7B
Other Current Liab2.9B3.0B3.3B2.0M1.0B1.0B
Total Current Liabilities6.1B6.6B7.8B8.8B10.7B11.2B
Total Stockholder Equity11.0B13.5B14.1B14.5B14.8B7.5B
Retained Earnings2.7B2.6B3.2B3.2B3.4B1.8B
Accounts Payable2.5B2.9B3.6B3.7B4.3B4.5B
Cash5.3B5.6B7.0B5.4B6.5B6.9B
Other Assets962.3M1.7B1.9B1.9B2.1B2.2B
Net Receivables1.8B1.3B2.5B1.6B1.9B2.0B
Inventory681.5M1.1B1.3B1.3B1.3B1.3B
Other Current Assets288.9M142.9M884.6M753.8M727.1M763.5M
Total Liab4.7B9.6B11.1B12.2B14.1B14.8B
Intangible Assets375.1M504.5M551.3M574.2M584.6M613.8M
Property Plant Equipment3.4B8.9B9.2B10.1B11.6B12.2B
Other Liab1.4B2.8B2.9B3.1B3.5B3.7B
Net Tangible Assets10.0B11.9B12.5B13.0B15.0B11.9B
Deferred Long Term Liab942.7M1.6B1.8B1.7B2.0B1.4B
Non Current Assets Total6.1B13.0B13.9B16.7B17.2B11.7B
Non Currrent Assets Other6.1B61.1M25.7M1M6M5.7M
Non Current Liabilities Total1.4B2.9B3.3B3.4B3.4B2.6B
Other Stockholder Equity59.9M3.6M1.9M2.1M1.9M1.8M
Total Current Assets12.4B10.5B11.7B10.4B12.1B11.3B
Net Invested Capital11.0B13.5B14.2B15.5B15.9B14.3B
Net Working Capital6.3B3.8B3.9B1.6B1.4B1.3B

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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.