Wearable Retained Earnings vs Net Invested Capital Analysis

WLDSW Stock  USD 0.17  0.01  6.25%   
Wearable Devices financial indicator trend analysis is more than just analyzing Wearable Devices current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wearable Devices is a good investment. Please check the relationship between Wearable Devices Retained Earnings and its Net Invested Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wearable Devices. 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.
For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wearable Devices Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Wearable Devices' Retained Earnings and Net Invested Capital is -0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Wearable Devices, assuming nothing else is changed. The correlation between historical values of Wearable Devices' Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Wearable Devices are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Wearable Devices' Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Wearable Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wearable Devices 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 Wearable Devices. 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.
For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.At this time, Wearable Devices' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 36.90 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.
 2021 2023 2024 (projected)
Interest Expense38K43.7K61.6K
Depreciation And Amortization11K68K71.4K

Wearable Devices fundamental ratios Correlations

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-0.75-0.940.98-0.88-0.7-0.910.720.83-0.67-0.41-0.70.51-0.7-0.64-0.78-0.58-0.79-0.870.97-0.71-0.69-0.65-0.74-0.89-0.88
0.86-0.94-0.880.930.740.96-0.76-0.880.690.50.73-0.590.80.770.890.60.860.91-0.850.820.720.710.850.940.92
-0.660.98-0.88-0.81-0.58-0.870.710.72-0.55-0.41-0.570.52-0.63-0.51-0.65-0.45-0.66-0.771.0-0.63-0.56-0.53-0.66-0.8-0.81
0.96-0.880.93-0.810.750.82-0.85-0.870.730.650.74-0.680.930.70.920.590.890.94-0.780.940.720.640.960.891.0
0.65-0.70.74-0.580.750.66-0.29-0.970.990.011.0-0.030.520.910.880.980.960.93-0.530.581.00.950.620.840.73
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-0.780.83-0.880.72-0.87-0.97-0.80.48-0.95-0.19-0.970.24-0.67-0.91-0.94-0.9-0.99-0.980.68-0.71-0.96-0.93-0.75-0.93-0.85
0.63-0.670.69-0.550.730.990.59-0.26-0.95-0.010.990.010.50.870.860.980.940.91-0.50.560.990.940.60.820.7
0.74-0.410.5-0.410.650.010.39-0.93-0.19-0.01-0.01-0.980.850.050.41-0.210.270.36-0.410.81-0.04-0.130.780.340.67
0.64-0.70.73-0.570.741.00.65-0.27-0.970.99-0.01-0.020.510.910.870.980.960.92-0.520.571.00.950.610.830.71
-0.740.51-0.590.52-0.68-0.03-0.520.960.240.01-0.98-0.02-0.84-0.11-0.430.19-0.3-0.40.53-0.80.020.09-0.77-0.39-0.7
0.98-0.70.8-0.630.930.520.66-0.93-0.670.50.850.51-0.840.50.820.330.720.78-0.60.990.480.40.990.740.94
0.62-0.640.77-0.510.70.910.77-0.29-0.910.870.050.91-0.110.50.840.870.920.87-0.460.550.910.890.590.780.67
0.92-0.780.89-0.650.920.880.76-0.63-0.940.860.410.87-0.430.820.840.770.960.96-0.610.870.860.850.890.950.91
0.48-0.580.6-0.450.590.980.53-0.07-0.90.98-0.210.980.190.330.870.770.880.82-0.410.40.990.950.440.740.56
0.82-0.790.86-0.660.890.960.77-0.52-0.990.940.270.96-0.30.720.920.960.880.99-0.620.770.950.890.80.90.87
0.86-0.870.91-0.770.940.930.83-0.62-0.980.910.360.92-0.40.780.870.960.820.99-0.740.810.910.840.840.930.93
-0.630.97-0.851.0-0.78-0.53-0.850.710.68-0.5-0.41-0.520.53-0.6-0.46-0.61-0.41-0.62-0.74-0.6-0.52-0.48-0.62-0.76-0.78
0.99-0.710.82-0.630.940.580.67-0.9-0.710.560.810.57-0.80.990.550.870.40.770.81-0.60.540.471.00.790.95
0.61-0.690.72-0.560.721.00.64-0.24-0.960.99-0.041.00.020.480.910.860.990.950.91-0.520.540.960.580.820.69
0.56-0.650.71-0.530.640.950.65-0.16-0.930.94-0.130.950.090.40.890.850.950.890.84-0.480.470.960.520.860.61
1.0-0.740.85-0.660.960.620.71-0.89-0.750.60.780.61-0.770.990.590.890.440.80.84-0.621.00.580.520.820.96
0.85-0.890.94-0.80.890.840.85-0.61-0.930.820.340.83-0.390.740.780.950.740.90.93-0.760.790.820.860.820.88
0.96-0.880.92-0.811.00.730.81-0.87-0.850.70.670.71-0.70.940.670.910.560.870.93-0.780.950.690.610.960.88
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Wearable Devices Account Relationship Matchups

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Additional Tools for Wearable Stock Analysis

When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.