WEBUY Total Current Assets vs Cash 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 Total Current Assets and its Cash 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Total Current Assets account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WEBUY GLOBAL's Total Current Assets and Cash is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of WEBUY GLOBAL LTD are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., WEBUY GLOBAL's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash

Cash refers to the most liquid asset of WEBUY GLOBAL LTD, which is listed under current asset account on WEBUY GLOBAL LTD balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from WEBUY GLOBAL customers. The amounts must be unrestricted with restricted cash listed in a different WEBUY GLOBAL account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Expense26.0K283.5K294.1K221.3K
Depreciation And Amortization178.1K437.3K1.3M714.5K

WEBUY GLOBAL fundamental ratios Correlations

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Click cells to compare fundamentals

WEBUY GLOBAL Account Relationship Matchups

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