European Capital Expenditures vs Change Receivables Analysis

EWCZ Stock

USD 6.16 0.25 3.90%

European Wax financial indicator trend analysis is much more than just examining European Wax Center latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Wax Center is a good investment. Please check the relationship between European Wax Capital Expenditures and its Change Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Capital Expenditures vs Change Receivables

Capital Expenditures vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Capital Expenditures account and Change Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between European Wax's Capital Expenditures and Change Receivables is -0.88. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change Receivables in the same time period over historical financial statements of European Wax Center, assuming nothing else is changed. The correlation between historical values of European Wax's Capital Expenditures and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of European Wax Center are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Capital Expenditures i.e., European Wax's Capital Expenditures and Change Receivables go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by European Wax Center to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of European Wax operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Most indicators from European Wax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Wax Center 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, European Wax's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (46.8 M).

	2021	2022	2023	2024 (projected)
Interest Expense	20.3M	23.6M	26.7M	23.0M
Depreciation And Amortization	20.3M	20.2M	20.2M	21.1M

Interest Expense Depreciation And Amortization

European Wax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.91	-0.61	0.51	0.98	0.77	-0.96	0.88	0.95	0.8	-0.8	0.52	0.89	0.99	0.62	0.98	0.9	0.89	0.61	-0.72	0.94	0.96	-0.05	0.96	0.91	0.96
Short Long Term Debt Total	0.91		-0.42	0.39	0.84	0.95	-0.86	0.96	0.87	0.97	-0.93	0.24	0.71	0.94	0.45	0.91	1.0	0.71	0.54	-0.55	0.81	0.97	-0.03	0.89	0.68	0.96
Other Current Liab	-0.61	-0.42		0.23	-0.56	-0.15	0.69	-0.48	-0.39	-0.23	0.29	-0.14	-0.82	-0.55	-0.45	-0.49	-0.41	-0.82	0.18	0.43	-0.46	-0.45	0.67	-0.5	-0.75	-0.44
Total Current Liabilities	0.51	0.39	0.23		0.62	0.43	-0.43	0.34	0.68	0.38	-0.36	0.83	0.27	0.51	0.49	0.58	0.38	0.27	0.91	-0.44	0.66	0.53	0.74	0.6	0.45	0.56
Total Stockholder Equity	0.98	0.84	-0.56	0.62		0.69	-0.96	0.84	0.93	0.73	-0.75	0.65	0.85	0.97	0.72	0.97	0.83	0.85	0.65	-0.74	0.94	0.92	0.09	0.95	0.92	0.93
Other Liab	0.77	0.95	-0.15	0.43	0.69		-0.67	0.86	0.82	0.97	-0.88	0.15	0.53	0.81	0.24	0.79	0.95	0.53	0.62	-0.41	0.74	0.9	0.07	0.8	0.48	0.9
Net Tangible Assets	-0.96	-0.86	0.69	-0.43	-0.96	-0.67		-0.91	-0.85	-0.75	0.76	-0.54	-0.86	-0.94	-0.79	-0.93	-0.85	-0.86	-0.43	0.62	-0.84	-0.91	0.04	-0.93	-0.92	-0.91
Property Plant And Equipment Net	0.88	0.96	-0.48	0.34	0.84	0.86	-0.91		0.79	0.94	-0.91	0.27	0.68	0.91	0.62	0.88	0.96	0.68	0.41	-0.47	0.73	0.93	0.02	0.87	0.69	0.93
Current Deferred Revenue	0.95	0.87	-0.39	0.68	0.93	0.82	-0.85	0.79		0.77	-0.72	0.61	0.82	0.93	0.52	0.92	0.86	0.82	0.79	-0.63	0.99	0.96	0.08	0.97	0.84	0.96
Net Debt	0.8	0.97	-0.23	0.38	0.73	0.97	-0.75	0.94	0.77		-0.96	0.12	0.52	0.86	0.36	0.84	0.98	0.52	0.54	-0.48	0.69	0.9	0.09	0.79	0.5	0.9
Retained Earnings	-0.8	-0.93	0.29	-0.36	-0.75	-0.88	0.76	-0.91	-0.72	-0.96		-0.1	-0.49	-0.88	-0.39	-0.88	-0.94	-0.49	-0.51	0.64	-0.66	-0.84	-0.1	-0.73	-0.5	-0.84
Accounts Payable	0.52	0.24	-0.14	0.83	0.65	0.15	-0.54	0.27	0.61	0.12	-0.1		0.5	0.45	0.73	0.49	0.22	0.5	0.63	-0.32	0.64	0.46	0.48	0.62	0.69	0.48
Cash	0.89	0.71	-0.82	0.27	0.85	0.53	-0.86	0.68	0.82	0.52	-0.49	0.5		0.81	0.55	0.77	0.69	1.0	0.35	-0.55	0.86	0.8	-0.39	0.87	0.96	0.8
Non Current Assets Total	0.99	0.94	-0.55	0.51	0.97	0.81	-0.94	0.91	0.93	0.86	-0.88	0.45	0.81		0.59	0.99	0.93	0.81	0.62	-0.75	0.91	0.96	0.0	0.94	0.84	0.96
Non Currrent Assets Other	0.62	0.45	-0.45	0.49	0.72	0.24	-0.79	0.62	0.52	0.36	-0.39	0.73	0.55	0.59		0.6	0.44	0.55	0.24	-0.28	0.5	0.57	0.32	0.67	0.73	0.57
Other Assets	0.98	0.91	-0.49	0.58	0.97	0.79	-0.93	0.88	0.92	0.84	-0.88	0.49	0.77	0.99	0.6		0.9	0.77	0.68	-0.79	0.91	0.94	0.09	0.92	0.82	0.94
Long Term Debt	0.9	1.0	-0.41	0.38	0.83	0.95	-0.85	0.96	0.86	0.98	-0.94	0.22	0.69	0.93	0.44	0.9		0.69	0.54	-0.54	0.8	0.96	-0.03	0.88	0.66	0.96
Cash And Short Term Investments	0.89	0.71	-0.82	0.27	0.85	0.53	-0.86	0.68	0.82	0.52	-0.49	0.5	1.0	0.81	0.55	0.77	0.69		0.35	-0.55	0.86	0.8	-0.39	0.87	0.96	0.8
Net Receivables	0.61	0.54	0.18	0.91	0.65	0.62	-0.43	0.41	0.79	0.54	-0.51	0.63	0.35	0.62	0.24	0.68	0.54	0.35		-0.59	0.78	0.64	0.52	0.65	0.45	0.66
Good Will	-0.72	-0.55	0.43	-0.44	-0.74	-0.41	0.62	-0.47	-0.63	-0.48	0.64	-0.32	-0.55	-0.75	-0.28	-0.79	-0.54	-0.55	-0.59		-0.7	-0.56	0.01	-0.54	-0.61	-0.56
Common Stock Shares Outstanding	0.94	0.81	-0.46	0.66	0.94	0.74	-0.84	0.73	0.99	0.69	-0.66	0.64	0.86	0.91	0.5	0.91	0.8	0.86	0.78	-0.7		0.91	0.02	0.95	0.88	0.92
Non Current Liabilities Total	0.96	0.97	-0.45	0.53	0.92	0.9	-0.91	0.93	0.96	0.9	-0.84	0.46	0.8	0.96	0.57	0.94	0.96	0.8	0.64	-0.56	0.91		0.03	0.98	0.81	1.0
Inventory	-0.05	-0.03	0.67	0.74	0.09	0.07	0.04	0.02	0.08	0.09	-0.1	0.48	-0.39	0.0	0.32	0.09	-0.03	-0.39	0.52	0.01	0.02	0.03		0.05	-0.15	0.05
Other Current Assets	0.96	0.89	-0.5	0.6	0.95	0.8	-0.93	0.87	0.97	0.79	-0.73	0.62	0.87	0.94	0.67	0.92	0.88	0.87	0.65	-0.54	0.95	0.98	0.05		0.89	0.98
Other Stockholder Equity	0.91	0.68	-0.75	0.45	0.92	0.48	-0.92	0.69	0.84	0.5	-0.5	0.69	0.96	0.84	0.73	0.82	0.66	0.96	0.45	-0.61	0.88	0.81	-0.15	0.89		0.81
Total Liab	0.96	0.96	-0.44	0.56	0.93	0.9	-0.91	0.93	0.96	0.9	-0.84	0.48	0.8	0.96	0.57	0.94	0.96	0.8	0.66	-0.56	0.92	1.0	0.05	0.98	0.81

Click cells to compare fundamentals

European Wax Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for European Stock Analysis

When running European Wax's price analysis, check to measure European Wax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy European Wax is operating at the current time. Most of European Wax's value examination focuses on studying past and present price action to predict the probability of European Wax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Wax's price. Additionally, you may evaluate how the addition of European Wax to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

European Capital Expenditures vs Change Receivables Analysis

Capital Expenditures vs Change Receivables

Capital Expenditures vs Change Receivables Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change Receivables

European Wax fundamental ratios Correlations

European Wax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for European Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Current Deferred Revenue
Other Assets	+ 0.99	Non Current Assets Total

Retained Earnings	- 0.96	Net Debt
Net Tangible Assets	- 0.96	Total Stockholder Equity
Net Tangible Assets	- 0.96	Total Assets
Long Term Debt	- 0.94	Retained Earnings
Non Current Assets Total	- 0.94	Net Tangible Assets
Other Current Assets	- 0.93	Net Tangible Assets