CWEB Stock | | | CAD 0.16 0.01 6.67% |
Charlottes Web financial indicator trend analysis is way more than just evaluating Charlottes Web Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Charlottes Web Holdings is a good investment. Please check the relationship between Charlottes Web Other Liab and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Charlottes Web Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Charlottes Web Holdings Other Liab account and
Common Stock Total Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Charlottes Web's Other Liab and Common Stock Total Equity is 0.15. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Charlottes Web Holdings, assuming nothing else is changed. The correlation between historical values of Charlottes Web's Other Liab and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Charlottes Web Holdings are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Liab i.e., Charlottes Web's Other Liab and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Charlottes Web's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Charlottes Web Holdings 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 Charlottes Web Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Charlottes Web's
Tax Provision is very stable compared to the past year. As of the 13th of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.93, while
Selling General Administrative is likely to drop about 45.2
M.
Balance Sheet is a snapshot of the
financial position of Charlottes Web Holdings at a specified time, usually calculated after every quarter, six months, or one year. Charlottes Web Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Charlottes Web 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 Charlottes currently owns. An asset can also be divided into two categories, current and non-current.