603501 Stock | | | 98.64 1.44 1.48% |
Will Semiconductor financial indicator trend analysis is more than just analyzing Will Semiconductor current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Will Semiconductor is a good investment. Please check the relationship between Will Semiconductor Cash and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Will Semiconductor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Good Will
Cash vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Will Semiconductor Cash account and
Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Will Semiconductor's Cash and Good Will is 0.96. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of Will Semiconductor Co, assuming nothing else is changed. The correlation between historical values of Will Semiconductor's Cash and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Will Semiconductor Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., Will Semiconductor's Cash and Good Will go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Will Semiconductor, which is listed under current asset account on Will Semiconductor Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Will Semiconductor customers. The amounts must be unrestricted with restricted cash listed in a different Will Semiconductor 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.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Will Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Will Semiconductor 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 Will Semiconductor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 369.6
M. The current year's
Tax Provision is expected to grow to about 188.8
MWill Semiconductor fundamental ratios Correlations
Click cells to compare fundamentals
Will Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Will Semiconductor fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Will Stock
Balance Sheet is a snapshot of the
financial position of Will Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Will Semiconductor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Will Semiconductor 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 Will currently owns. An asset can also be divided into two categories, current and non-current.