WEBUY Common Stock vs Net Debt Analysis
WBUY Stock | 0.20 0.01 5.26% |
WEBUY GLOBAL financial indicator trend analysis is more than just analyzing WEBUY GLOBAL LTD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WEBUY GLOBAL LTD is a good investment. Please check the relationship between WEBUY GLOBAL Common Stock and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEBUY GLOBAL LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Common Stock vs Net Debt
Common Stock vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Common Stock account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between WEBUY GLOBAL's Common Stock and Net Debt is 0.7. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of WEBUY GLOBAL LTD, assuming nothing else is changed. The correlation between historical values of WEBUY GLOBAL's Common Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of WEBUY GLOBAL LTD are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock i.e., WEBUY GLOBAL's Common Stock and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from WEBUY GLOBAL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WEBUY GLOBAL LTD 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 WEBUY GLOBAL LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, WEBUY GLOBAL's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 16.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (7.62) in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26.0K | 283.5K | 294.1K | 221.3K | Depreciation And Amortization | 178.1K | 437.3K | 1.3M | 714.5K |
WEBUY GLOBAL fundamental ratios Correlations
Click cells to compare fundamentals
WEBUY GLOBAL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 WEBUY Stock Analysis
When running WEBUY GLOBAL's price analysis, check to measure WEBUY GLOBAL'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 WEBUY GLOBAL is operating at the current time. Most of WEBUY GLOBAL's value examination focuses on studying past and present price action to predict the probability of WEBUY GLOBAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEBUY GLOBAL's price. Additionally, you may evaluate how the addition of WEBUY GLOBAL to your portfolios can decrease your overall portfolio volatility.