300168 Stock | | | 8.87 0.25 2.74% |
Wonders Information financial indicator trend analysis is more than just analyzing Wonders Information current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wonders Information is a good investment. Please check the relationship between Wonders Information Total Revenue and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wonders Information. 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.
Total Revenue vs Total Current Liabilities
Total Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wonders Information Total Revenue account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wonders Information's Total Revenue and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Wonders Information, assuming nothing else is changed. The correlation between historical values of Wonders Information's Total Revenue and Total Current Liabilities 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 Revenue of Wonders Information are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Wonders Information's Total Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Wonders Information generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Current Liabilities
Total Current Liabilities is an item on Wonders Information balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wonders Information are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Wonders Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wonders Information 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wonders Information. 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.
The current year's
Selling General Administrative is expected to grow to about 183.2
M, whereas
Tax Provision is projected to grow to (5
M).
Wonders Information fundamental ratios Correlations
Click cells to compare fundamentals
Wonders Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wonders Information fundamental ratios Accounts
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Other Information on Investing in Wonders Stock
Balance Sheet is a snapshot of the
financial position of Wonders Information at a specified time, usually calculated after every quarter, six months, or one year. Wonders Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wonders Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wonders currently owns. An asset can also be divided into two categories, current and non-current.