Finwise Good Will vs Long Term Debt Analysis
| FINW Stock | USD 17.83 0.12 0.68% |
Finwise Bancorp financial indicator trend analysis is much more than just examining Finwise Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finwise Bancorp is a good investment. Please check the relationship between Finwise Bancorp Good Will and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finwise Bancorp. 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. For more information on how to buy Finwise Stock please use our How to Invest in Finwise Bancorp guide.
Good Will vs Long Term Debt
Good Will vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finwise Bancorp Good Will account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Finwise Bancorp's Good Will and Long Term Debt is 0.61. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Finwise Bancorp, assuming nothing else is changed. The correlation between historical values of Finwise Bancorp's Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Finwise Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Finwise Bancorp's Good Will and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Long Term Debt
Long-term debt is a debt that Finwise Bancorp has held for over one year. Long-term debt appears on Finwise Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Finwise Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Finwise Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finwise Bancorp 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 Finwise Bancorp. 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. For more information on how to buy Finwise Stock please use our How to Invest in Finwise Bancorp guide.At this time, Finwise Bancorp's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 101.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 48.0M | 50.9M | 52.8M | 43.9M | Tax Provision | 10.7M | 10.9M | 7.2M | 7.9M |
Finwise Bancorp fundamental ratios Correlations
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Finwise Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Finwise Bancorp's price analysis, check to measure Finwise Bancorp'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 Finwise Bancorp is operating at the current time. Most of Finwise Bancorp's value examination focuses on studying past and present price action to predict the probability of Finwise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finwise Bancorp's price. Additionally, you may evaluate how the addition of Finwise Bancorp to your portfolios can decrease your overall portfolio volatility.