Wag Cash And Short Term Investments vs Non Current Assets Total Analysis
PETWW Stock | USD 0.01 0.0009 5.66% |
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 Cash And Short Term Investments and its Non Current Assets Total 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 housing.
Cash And Short Term Investments vs Non Current Assets Total
Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Wag Group's Cash And Short Term Investments and Non Current Assets Total is 0.09. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total 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 Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Wag Group Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Wag Group's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Wag Group balance sheet. This account contains Wag Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Wag Group Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 housing. At this time, Wag Group's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb 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
Click cells to compare fundamentals
Wag Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.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.