European Stock Based Compensation vs Net Income 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 Stock Based Compensation and its Net Income 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.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between European Wax's Stock Based Compensation and Net Income is 0.97. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income 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 Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of European Wax Center are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., European Wax's Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in European Wax Center financial statement analysis. It represents the amount of money remaining after all of European Wax Center operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Expense20.3M23.6M26.7M23.0M
Depreciation And Amortization20.3M20.2M20.2M21.1M

European Wax fundamental ratios Correlations

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0.91-0.420.390.840.95-0.860.960.870.97-0.930.240.710.940.450.911.00.710.54-0.550.810.97-0.030.890.680.96
-0.61-0.420.23-0.56-0.150.69-0.48-0.39-0.230.29-0.14-0.82-0.55-0.45-0.49-0.41-0.820.180.43-0.46-0.450.67-0.5-0.75-0.44
0.510.390.230.620.43-0.430.340.680.38-0.360.830.270.510.490.580.380.270.91-0.440.660.530.740.60.450.56
0.980.84-0.560.620.69-0.960.840.930.73-0.750.650.850.970.720.970.830.850.65-0.740.940.920.090.950.920.93
0.770.95-0.150.430.69-0.670.860.820.97-0.880.150.530.810.240.790.950.530.62-0.410.740.90.070.80.480.9
-0.96-0.860.69-0.43-0.96-0.67-0.91-0.85-0.750.76-0.54-0.86-0.94-0.79-0.93-0.85-0.86-0.430.62-0.84-0.910.04-0.93-0.92-0.91
0.880.96-0.480.340.840.86-0.910.790.94-0.910.270.680.910.620.880.960.680.41-0.470.730.930.020.870.690.93
0.950.87-0.390.680.930.82-0.850.790.77-0.720.610.820.930.520.920.860.820.79-0.630.990.960.080.970.840.96
0.80.97-0.230.380.730.97-0.750.940.77-0.960.120.520.860.360.840.980.520.54-0.480.690.90.090.790.50.9
-0.8-0.930.29-0.36-0.75-0.880.76-0.91-0.72-0.96-0.1-0.49-0.88-0.39-0.88-0.94-0.49-0.510.64-0.66-0.84-0.1-0.73-0.5-0.84
0.520.24-0.140.830.650.15-0.540.270.610.12-0.10.50.450.730.490.220.50.63-0.320.640.460.480.620.690.48
0.890.71-0.820.270.850.53-0.860.680.820.52-0.490.50.810.550.770.691.00.35-0.550.860.8-0.390.870.960.8
0.990.94-0.550.510.970.81-0.940.910.930.86-0.880.450.810.590.990.930.810.62-0.750.910.960.00.940.840.96
0.620.45-0.450.490.720.24-0.790.620.520.36-0.390.730.550.590.60.440.550.24-0.280.50.570.320.670.730.57
0.980.91-0.490.580.970.79-0.930.880.920.84-0.880.490.770.990.60.90.770.68-0.790.910.940.090.920.820.94
0.91.0-0.410.380.830.95-0.850.960.860.98-0.940.220.690.930.440.90.690.54-0.540.80.96-0.030.880.660.96
0.890.71-0.820.270.850.53-0.860.680.820.52-0.490.51.00.810.550.770.690.35-0.550.860.8-0.390.870.960.8
0.610.540.180.910.650.62-0.430.410.790.54-0.510.630.350.620.240.680.540.35-0.590.780.640.520.650.450.66
-0.72-0.550.43-0.44-0.74-0.410.62-0.47-0.63-0.480.64-0.32-0.55-0.75-0.28-0.79-0.54-0.55-0.59-0.7-0.560.01-0.54-0.61-0.56
0.940.81-0.460.660.940.74-0.840.730.990.69-0.660.640.860.910.50.910.80.860.78-0.70.910.020.950.880.92
0.960.97-0.450.530.920.9-0.910.930.960.9-0.840.460.80.960.570.940.960.80.64-0.560.910.030.980.811.0
-0.05-0.030.670.740.090.070.040.020.080.09-0.10.48-0.390.00.320.09-0.03-0.390.520.010.020.030.05-0.150.05
0.960.89-0.50.60.950.8-0.930.870.970.79-0.730.620.870.940.670.920.880.870.65-0.540.950.980.050.890.98
0.910.68-0.750.450.920.48-0.920.690.840.5-0.50.690.960.840.730.820.660.960.45-0.610.880.81-0.150.890.81
0.960.96-0.440.560.930.9-0.910.930.960.9-0.840.480.80.960.570.940.960.80.66-0.560.921.00.050.980.81
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European Wax Account Relationship Matchups

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