WEBUY Interest Coverage vs Pfcf Ratio Analysis
WBUY Stock | 0.18 0 0.56% |
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 Interest Coverage and its Pfcf Ratio 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.
Interest Coverage vs Pfcf Ratio
Interest Coverage vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Interest Coverage account and Pfcf Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WEBUY GLOBAL's Interest Coverage and Pfcf Ratio is 0.85. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Pfcf Ratio 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 Interest Coverage and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of WEBUY GLOBAL LTD are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Interest Coverage i.e., WEBUY GLOBAL's Interest Coverage and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Coverage
Pfcf Ratio
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
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WEBUY GLOBAL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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