Wag Other Assets vs Property Plant And Equipment Net Analysis

PET Stock  USD 0.22  0.01  2.96%   
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 Other Assets and its Property Plant And Equipment Net 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.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wag Group's Other Assets and Property Plant And Equipment Net is -0.65. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net 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 Other Assets and Property Plant And Equipment Net 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 Assets of Wag Group Co are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Wag Group's Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Expense61K2.5M7.4M7.8M
Depreciation And Amortization388K1.1M1.7M919.9K

Wag Group fundamental ratios Correlations

0.99-0.460.930.960.290.960.890.69-0.09-0.880.920.950.69-0.69-0.690.990.720.86-0.3-0.75-0.940.70.450.61-0.98
0.99-0.450.960.960.350.960.950.610.0-0.90.960.90.76-0.73-0.731.00.610.92-0.28-0.78-0.950.750.530.66-0.99
-0.46-0.45-0.26-0.410.53-0.45-0.550.02-0.480.38-0.3-0.22-0.34-0.16-0.16-0.46-0.49-0.23-0.67-0.070.380.080.320.290.36
0.930.96-0.260.960.580.960.910.640.06-0.950.990.870.86-0.88-0.880.960.420.98-0.45-0.92-0.970.90.740.83-0.99
0.960.96-0.410.960.451.00.880.740.07-0.970.940.910.84-0.8-0.80.960.580.91-0.38-0.86-1.00.830.610.72-0.99
0.290.350.530.580.450.430.290.490.0-0.550.550.380.61-0.89-0.890.33-0.270.62-0.83-0.84-0.50.870.970.93-0.47
0.960.96-0.450.961.00.430.890.720.11-0.980.940.890.86-0.79-0.790.960.560.91-0.34-0.85-1.00.820.60.7-0.98
0.890.95-0.550.910.880.290.890.350.28-0.860.950.720.82-0.65-0.650.940.40.93-0.06-0.7-0.880.690.520.58-0.91
0.690.610.020.640.740.490.720.35-0.4-0.690.550.850.46-0.7-0.70.610.650.5-0.72-0.72-0.740.690.480.64-0.7
-0.090.0-0.480.060.070.00.110.28-0.4-0.250.12-0.360.520.00.0-0.01-0.470.170.54-0.01-0.10.080.13-0.060.0
-0.88-0.90.38-0.95-0.97-0.55-0.98-0.86-0.69-0.25-0.93-0.8-0.940.850.85-0.89-0.4-0.920.370.890.98-0.89-0.71-0.770.95
0.920.96-0.30.990.940.550.940.950.550.12-0.930.830.86-0.85-0.850.950.380.99-0.38-0.89-0.950.870.720.8-0.97
0.950.9-0.220.870.910.380.890.720.85-0.36-0.80.830.56-0.73-0.730.910.760.77-0.54-0.77-0.890.720.480.67-0.92
0.690.76-0.340.860.840.610.860.820.460.52-0.940.860.56-0.81-0.810.740.090.88-0.26-0.84-0.870.870.770.74-0.81
-0.69-0.73-0.16-0.88-0.8-0.89-0.79-0.65-0.70.00.85-0.85-0.73-0.811.0-0.71-0.13-0.880.751.00.84-1.0-0.95-0.990.82
-0.69-0.73-0.16-0.88-0.8-0.89-0.79-0.65-0.70.00.85-0.85-0.73-0.811.0-0.71-0.13-0.880.751.00.84-1.0-0.95-0.990.82
0.991.0-0.460.960.960.330.960.940.61-0.01-0.890.950.910.74-0.71-0.710.630.91-0.28-0.77-0.950.730.510.64-0.98
0.720.61-0.490.420.58-0.270.560.40.65-0.47-0.40.380.760.09-0.13-0.130.630.26-0.1-0.2-0.530.13-0.190.04-0.57
0.860.92-0.230.980.910.620.910.930.50.17-0.920.990.770.88-0.88-0.880.910.26-0.4-0.91-0.920.90.790.84-0.94
-0.3-0.28-0.67-0.45-0.38-0.83-0.34-0.06-0.720.540.37-0.38-0.54-0.260.750.75-0.28-0.1-0.40.710.4-0.69-0.72-0.80.4
-0.75-0.78-0.07-0.92-0.86-0.84-0.85-0.7-0.72-0.010.89-0.89-0.77-0.841.01.0-0.77-0.2-0.910.710.88-1.0-0.92-0.970.87
-0.94-0.950.38-0.97-1.0-0.5-1.0-0.88-0.74-0.10.98-0.95-0.89-0.870.840.84-0.95-0.53-0.920.40.88-0.87-0.66-0.750.99
0.70.750.080.90.830.870.820.690.690.08-0.890.870.720.87-1.0-1.00.730.130.9-0.69-1.0-0.870.940.97-0.84
0.450.530.320.740.610.970.60.520.480.13-0.710.720.480.77-0.95-0.950.51-0.190.79-0.72-0.92-0.660.940.97-0.63
0.610.660.290.830.720.930.70.580.64-0.06-0.770.80.670.74-0.99-0.990.640.040.84-0.8-0.97-0.750.970.97-0.75
-0.98-0.990.36-0.99-0.99-0.47-0.98-0.91-0.70.00.95-0.97-0.92-0.810.820.82-0.98-0.57-0.940.40.870.99-0.84-0.63-0.75
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Wag Group Account Relationship Matchups

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