Western Current Deferred Revenue vs Total Stockholder Equity Analysis
| WAVSW Stock | USD 0.02 0 12.62% |
Western Acquisition financial indicator trend analysis is more than just analyzing Western Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Acquisition is a good investment. Please check the relationship between Western Acquisition Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Acquisition Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Western Acquisition's Current Deferred Revenue and Total Stockholder Equity is 0.1. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Western Acquisition Ventures, assuming nothing else is changed. The correlation between historical values of Western Acquisition's Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Western Acquisition Ventures are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Western Acquisition's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.1 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Western Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Acquisition 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Selling General Administrative is likely to climb to about 1.1 M in 2024, whereas Tax Provision is likely to drop slightly above 191.1 K in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 1.6M | 1.3M | 1.1M | Tax Provision | 250.7K | 227.0K | 191.1K |
Western Acquisition fundamental ratios Correlations
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Western Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Western Acquisition's price analysis, check to measure Western Acquisition'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 Western Acquisition is operating at the current time. Most of Western Acquisition's value examination focuses on studying past and present price action to predict the probability of Western Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Acquisition's price. Additionally, you may evaluate how the addition of Western Acquisition to your portfolios can decrease your overall portfolio volatility.