WSFS Stock | | | USD 58.13 0.07 0.12% |
WSFS Financial financial indicator trend analysis is more than just analyzing WSFS Financial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WSFS Financial is a good investment. Please check the relationship between WSFS Financial Other Operating Expenses and its Operating Income accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSFS Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy WSFS Stock please use our
How to Invest in WSFS Financial guide.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WSFS Financial Other Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between WSFS Financial's Other Operating Expenses and Operating Income is 0.66. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of WSFS Financial, assuming nothing else is changed. The correlation between historical values of WSFS Financial's Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of WSFS Financial are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., WSFS Financial's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of WSFS Financial. It is also known as WSFS Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Operating Income
Operating Income is the amount of profit realized from WSFS Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WSFS Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from WSFS Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WSFS Financial 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 WSFS Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy WSFS Stock please use our
How to Invest in WSFS Financial guide.At this time, WSFS Financial's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 3.8
M in 2024, whereas
Tax Provision is likely to drop slightly above 60.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 357.5M | 341.3M | 365.0M | 383.3M | Other Operating Expenses | 261.6M | 89.9M | 1.0B | 1.1B |
WSFS Financial fundamental ratios Correlations
Click cells to compare fundamentals
WSFS Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WSFS Financial fundamental ratios Accounts
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Additional Tools for WSFS Stock Analysis
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measure WSFS Financial'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 WSFS Financial is operating at the current time. Most of WSFS Financial's value examination focuses on studying past and present price action to
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