European Cash vs Other Liab Analysis

EWCZ Stock  USD 5.86  0.03  0.51%   
European Wax financial indicator trend analysis is much more than just examining European Wax Center latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Wax Center is a good investment. Please check the relationship between European Wax Cash and its Other Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cash vs Other Liab

Cash vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Cash account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between European Wax's Cash and Other Liab is 0.53. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Liab in the same time period over historical financial statements of European Wax Center, assuming nothing else is changed. The correlation between historical values of European Wax's Cash and Other Liab 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 European Wax Center are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Cash i.e., European Wax's Cash and Other Liab go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of European Wax Center, which is listed under current asset account on European Wax Center balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from European Wax customers. The amounts must be unrestricted with restricted cash listed in a different European Wax 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.

Other Liab

Most indicators from European Wax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Wax Center 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, European Wax's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (46.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense20.3M23.6M26.7M23.0M
Depreciation And Amortization20.3M20.2M20.2M21.1M

European Wax fundamental ratios Correlations

0.91-0.610.510.980.77-0.960.880.950.8-0.80.520.890.990.620.980.90.890.61-0.720.940.96-0.050.960.910.96
0.91-0.420.390.840.95-0.860.960.870.97-0.930.240.710.940.450.911.00.710.54-0.550.810.97-0.030.890.680.96
-0.61-0.420.23-0.56-0.150.69-0.48-0.39-0.230.29-0.14-0.82-0.55-0.45-0.49-0.41-0.820.180.43-0.46-0.450.67-0.5-0.75-0.44
0.510.390.230.620.43-0.430.340.680.38-0.360.830.270.510.490.580.380.270.91-0.440.660.530.740.60.450.56
0.980.84-0.560.620.69-0.960.840.930.73-0.750.650.850.970.720.970.830.850.65-0.740.940.920.090.950.920.93
0.770.95-0.150.430.69-0.670.860.820.97-0.880.150.530.810.240.790.950.530.62-0.410.740.90.070.80.480.9
-0.96-0.860.69-0.43-0.96-0.67-0.91-0.85-0.750.76-0.54-0.86-0.94-0.79-0.93-0.85-0.86-0.430.62-0.84-0.910.04-0.93-0.92-0.91
0.880.96-0.480.340.840.86-0.910.790.94-0.910.270.680.910.620.880.960.680.41-0.470.730.930.020.870.690.93
0.950.87-0.390.680.930.82-0.850.790.77-0.720.610.820.930.520.920.860.820.79-0.630.990.960.080.970.840.96
0.80.97-0.230.380.730.97-0.750.940.77-0.960.120.520.860.360.840.980.520.54-0.480.690.90.090.790.50.9
-0.8-0.930.29-0.36-0.75-0.880.76-0.91-0.72-0.96-0.1-0.49-0.88-0.39-0.88-0.94-0.49-0.510.64-0.66-0.84-0.1-0.73-0.5-0.84
0.520.24-0.140.830.650.15-0.540.270.610.12-0.10.50.450.730.490.220.50.63-0.320.640.460.480.620.690.48
0.890.71-0.820.270.850.53-0.860.680.820.52-0.490.50.810.550.770.691.00.35-0.550.860.8-0.390.870.960.8
0.990.94-0.550.510.970.81-0.940.910.930.86-0.880.450.810.590.990.930.810.62-0.750.910.960.00.940.840.96
0.620.45-0.450.490.720.24-0.790.620.520.36-0.390.730.550.590.60.440.550.24-0.280.50.570.320.670.730.57
0.980.91-0.490.580.970.79-0.930.880.920.84-0.880.490.770.990.60.90.770.68-0.790.910.940.090.920.820.94
0.91.0-0.410.380.830.95-0.850.960.860.98-0.940.220.690.930.440.90.690.54-0.540.80.96-0.030.880.660.96
0.890.71-0.820.270.850.53-0.860.680.820.52-0.490.51.00.810.550.770.690.35-0.550.860.8-0.390.870.960.8
0.610.540.180.910.650.62-0.430.410.790.54-0.510.630.350.620.240.680.540.35-0.590.780.640.520.650.450.66
-0.72-0.550.43-0.44-0.74-0.410.62-0.47-0.63-0.480.64-0.32-0.55-0.75-0.28-0.79-0.54-0.55-0.59-0.7-0.560.01-0.54-0.61-0.56
0.940.81-0.460.660.940.74-0.840.730.990.69-0.660.640.860.910.50.910.80.860.78-0.70.910.020.950.880.92
0.960.97-0.450.530.920.9-0.910.930.960.9-0.840.460.80.960.570.940.960.80.64-0.560.910.030.980.811.0
-0.05-0.030.670.740.090.070.040.020.080.09-0.10.48-0.390.00.320.09-0.03-0.390.520.010.020.030.05-0.150.05
0.960.89-0.50.60.950.8-0.930.870.970.79-0.730.620.870.940.670.920.880.870.65-0.540.950.980.050.890.98
0.910.68-0.750.450.920.48-0.920.690.840.5-0.50.690.960.840.730.820.660.960.45-0.610.880.81-0.150.890.81
0.960.96-0.440.560.930.9-0.910.930.960.9-0.840.480.80.960.570.940.960.80.66-0.560.921.00.050.980.81
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European Wax Account Relationship Matchups

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