EmbedWay Reconciled Depreciation vs Selling General Administrative Analysis

603496 Stock   22.89  0.60  2.69%   
EmbedWay TechCorp financial indicator trend analysis is much more than just examining EmbedWay TechCorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EmbedWay TechCorp is a good investment. Please check the relationship between EmbedWay TechCorp Reconciled Depreciation and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in EmbedWay TechCorp. 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.

Reconciled Depreciation vs Selling General Administrative

Reconciled Depreciation vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EmbedWay TechCorp Reconciled Depreciation account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EmbedWay TechCorp's Reconciled Depreciation and Selling General Administrative is 0.81. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of EmbedWay TechCorp, assuming nothing else is changed. The correlation between historical values of EmbedWay TechCorp's Reconciled Depreciation and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of EmbedWay TechCorp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Reconciled Depreciation i.e., EmbedWay TechCorp's Reconciled Depreciation and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Selling General Administrative

Most indicators from EmbedWay TechCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EmbedWay TechCorp 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 EmbedWay TechCorp. 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.
As of January 12, 2025, Selling General Administrative is expected to decline to about 51.5 M. The current year's Tax Provision is expected to grow to about (213.1 K)
 2022 2023 2024 2025 (projected)
Operating Income83.2M117.4M135.0M141.8M
Total Revenue770.5M771.4M887.1M931.5M

EmbedWay TechCorp fundamental ratios Correlations

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EmbedWay TechCorp Account Relationship Matchups

EmbedWay TechCorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.2B1.6B1.7B2.4B2.8B2.9B
Other Current Liab29.8M16.1M53.5M69.6M80.1M84.1M
Total Current Liabilities352.9M435.5M434.4M1.1B1.2B1.3B
Total Stockholder Equity815.2M1.2B1.3B1.4B1.6B1.6B
Other Liab1.2M3.0M5.2M7.6M8.7M9.1M
Retained Earnings327.5M370.4M447.5M453.4M521.4M547.5M
Accounts Payable195.6M284.2M125.7M149.5M171.9M109.6M
Cash155.1M332.5M301.4M442.6M509.0M534.5M
Other Assets29.6M18.7M57.2M64.7M74.4M78.2M
Net Receivables238.1M228.4M325.5M430.4M494.9M519.7M
Inventory401.9M533.8M450.4M367.0M422.0M242.8M
Other Current Assets21.0M65.8M95.1M123.6M142.2M149.3M
Total Liab356.8M440.9M442.6M1.1B1.2B1.3B
Intangible Assets4.5M16.2M15.5M15.3M17.6M18.5M
Common Stock202.4M200.9M228.0M227.8M262.0M131.0M
Property Plant Equipment156.8M163.2M197.0M233.3M268.3M281.7M
Net Tangible Assets799.8M810.7M1.2B1.3B1.4B894.9M
Non Current Assets Total282.8M417.8M498.7M508.8M585.1M313.4M
Non Current Liabilities Total3.9M5.4M8.2M27.7M31.8M33.4M
Deferred Long Term Liab9.7M12.4M9.7M8.0M9.2M8.5M
Short Long Term Debt90M118M221.4M214.3M246.4M258.7M
Total Current Assets885.7M1.2B1.2B1.9B2.2B2.3B
Common Stock Shares Outstanding201.0M228.0M227.8M320.2M368.2M248.1M
Net Invested Capital906.1M1.3B1.5B1.6B1.8B1.2B
Net Working Capital532.8M761.5M774.6M873.6M1.0B731.8M
Capital Stock200.9M228.0M227.8M320.2M368.2M242.2M
Property Plant And Equipment Net163.2M197.0M233.3M271.4M312.1M224.8M
Property Plant And Equipment Gross188.5M231.3M233.3M327.4M376.5M254.3M

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Other Information on Investing in EmbedWay Stock

Balance Sheet is a snapshot of the financial position of EmbedWay TechCorp at a specified time, usually calculated after every quarter, six months, or one year. EmbedWay TechCorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EmbedWay TechCorp 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 EmbedWay currently owns. An asset can also be divided into two categories, current and non-current.