Wag Non Current Liabilities Total vs Cash Analysis
PET Stock | USD 0.23 0.02 9.52% |
Wag Group financial indicator trend analysis is more than just analyzing Wag Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wag Group is a good investment. Please check the relationship between Wag Group Non Current Liabilities Total and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Wag Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Non Current Liabilities Total vs Cash
Non Current Liabilities Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Wag Group's Non Current Liabilities Total and Cash is -0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash in the same time period over historical financial statements of Wag Group Co, assuming nothing else is changed. The correlation between historical values of Wag Group's Non Current Liabilities Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Wag Group Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Wag Group's Non Current Liabilities Total and Cash go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Current Liabilities Total
Cash
Cash refers to the most liquid asset of Wag Group, which is listed under current asset account on Wag Group Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wag Group customers. The amounts must be unrestricted with restricted cash listed in a different Wag Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Wag Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wag Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Wag Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Wag Group's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 19.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 61K | 2.5M | 7.4M | 7.8M | Depreciation And Amortization | 388K | 1.1M | 1.7M | 919.9K |
Wag Group fundamental ratios Correlations
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Wag Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Wag Stock Analysis
When running Wag Group's price analysis, check to measure Wag Group'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 Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.