Wilmington Net Interest Income vs Selling And Marketing Expenses Analysis
WCM-A Stock | CAD 2.50 0.31 11.03% |
Wilmington Capital financial indicator trend analysis is more than just analyzing Wilmington Capital current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wilmington Capital is a good investment. Please check the relationship between Wilmington Capital Net Interest Income and its Selling And Marketing Expenses accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilmington Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Interest Income vs Selling And Marketing Expenses
Net Interest Income vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wilmington Capital Net Interest Income account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Wilmington Capital's Net Interest Income and Selling And Marketing Expenses is 0.32. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Wilmington Capital Management, assuming nothing else is changed. The correlation between historical values of Wilmington Capital's Net Interest Income and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Wilmington Capital Management are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Net Interest Income i.e., Wilmington Capital's Net Interest Income and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Selling And Marketing Expenses
Most indicators from Wilmington Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wilmington Capital 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 Wilmington Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Wilmington Capital's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.58 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.56 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 386K | 1.7M | 3.8M | 6.7M | Total Revenue | 386K | 1.7M | 3.8M | 7.3M |
Wilmington Capital fundamental ratios Correlations
Click cells to compare fundamentals
Wilmington Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wilmington Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.3M | 62.3M | 64.0M | 70.8M | 74.2M | 61.6M | |
Total Stockholder Equity | 56.4M | 61.2M | 62.6M | 68.4M | 71.3M | 37.6M | |
Net Debt | (4.7M) | (2.9M) | (1.8M) | (3.9M) | (10.5M) | (10.0M) | |
Retained Earnings | 4.4M | 5.0M | 4.6M | 7.4M | 10.4M | 10.9M | |
Non Current Assets Total | 9.4M | 17.0M | 26.4M | 31.7M | 41.9M | 45.4M | |
Common Stock Shares Outstanding | 10.2M | 10.4M | 12.4M | 12.3M | 12.4M | 10.4M | |
Liabilities And Stockholders Equity | 61.3M | 62.3M | 64.0M | 70.8M | 74.2M | 61.6M | |
Non Current Liabilities Total | 138K | 268K | 719K | 1.4M | 1.9M | 1.8M | |
Other Stockholder Equity | 266K | 601K | 1.2M | 1.5M | 1.1M | 1.1M | |
Total Liab | 4.9M | 1.1M | 1.4M | 2.4M | 2.9M | 2.7M | |
Total Current Liabilities | 4.7M | 797K | 686K | 946K | 1.0M | 958.6K | |
Accounts Payable | 674K | 581K | 642K | 790K | 800K | 760K | |
Cash | 5.1M | 3.1M | 1.9M | 4.0M | 10.7M | 7.2M | |
Cash And Short Term Investments | 50.1M | 44.1M | 36.9M | 26.0M | 27.7M | 17.9M | |
Total Current Assets | 51.8M | 45.3M | 37.6M | 39.1M | 32.3M | 19.6M | |
Accumulated Other Comprehensive Income | 546K | 4.4M | 5.7M | 8.4M | 8.5M | 8.9M | |
Net Receivables | 1.8M | 1.2M | 676K | 13.0M | 4.5M | 2.6M | |
Net Tangible Assets | 56.4M | 61.2M | 62.6M | 68.4M | 78.7M | 43.6M | |
Long Term Investments | 8.6M | 16.5M | 24.2M | 31.6M | 35.2M | 23.3M | |
Other Assets | 2.2M | 501K | 510K | 2.1M | 2.4M | 2.5M | |
Net Invested Capital | 56.4M | 61.2M | 62.6M | 68.4M | 71.3M | 57.7M | |
Net Working Capital | 47.1M | 44.5M | 36.9M | 38.1M | 31.3M | 31.9M |
Pair Trading with Wilmington Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wilmington Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wilmington Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Wilmington Stock
The ability to find closely correlated positions to Wilmington Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wilmington Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wilmington Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wilmington Capital Management to buy it.
The correlation of Wilmington Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wilmington Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wilmington Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wilmington Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Wilmington Stock Analysis
When running Wilmington Capital's price analysis, check to measure Wilmington Capital'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 Wilmington Capital is operating at the current time. Most of Wilmington Capital's value examination focuses on studying past and present price action to predict the probability of Wilmington Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wilmington Capital's price. Additionally, you may evaluate how the addition of Wilmington Capital to your portfolios can decrease your overall portfolio volatility.