Finwise Net Tangible Assets vs Short Term Investments Analysis

FINW Stock  USD 18.05  0.22  1.23%   
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 Net Tangible Assets and its Short Term Investments 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.

Net Tangible Assets vs Short Term Investments

Net Tangible Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finwise Bancorp Net Tangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Finwise Bancorp's Net Tangible Assets and Short Term Investments is 0.58. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Investments 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 Net Tangible Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Finwise Bancorp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Tangible Assets i.e., Finwise Bancorp's Net Tangible Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Short Term Investments

Short Term Investments is an item under the current assets section of Finwise Bancorp balance sheet. It contains any investments Finwise Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Finwise Bancorp can easily liquidate in the marketplace.
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 Income48.0M50.9M52.8M43.9M
Tax Provision10.7M10.9M7.2M7.9M

Finwise Bancorp fundamental ratios Correlations

-0.870.750.950.930.950.87-0.610.970.760.970.78-0.80.850.970.330.080.78-0.740.970.890.980.930.860.740.85
-0.87-0.96-0.77-0.67-0.74-0.920.6-0.82-0.97-0.81-0.970.98-0.71-0.81-0.14-0.39-0.970.92-0.81-0.67-0.82-0.73-0.95-0.57-0.66
0.75-0.960.660.540.620.86-0.640.70.980.691.0-1.00.620.69-0.050.370.93-0.980.70.550.680.610.90.410.56
0.95-0.770.660.951.00.88-0.760.990.611.00.69-0.710.711.00.520.040.73-0.611.00.980.90.990.850.870.95
0.93-0.670.540.950.940.74-0.620.920.530.950.59-0.590.850.950.39-0.230.56-0.550.940.960.930.960.70.760.94
0.95-0.740.621.00.940.85-0.740.990.570.990.65-0.670.70.990.520.020.69-0.580.990.970.90.990.820.860.93
0.87-0.920.860.880.740.85-0.760.910.820.890.86-0.890.560.890.470.430.95-0.750.890.810.80.850.990.820.81
-0.610.6-0.64-0.76-0.62-0.74-0.76-0.74-0.5-0.74-0.660.67-0.28-0.74-0.34-0.05-0.630.58-0.74-0.78-0.46-0.76-0.74-0.64-0.79
0.97-0.820.70.990.920.990.91-0.740.661.00.73-0.750.711.00.510.130.78-0.651.00.940.920.980.880.860.91
0.76-0.970.980.610.530.570.82-0.50.660.650.98-0.980.680.65-0.10.370.92-0.970.670.50.710.560.870.360.5
0.97-0.810.691.00.950.990.89-0.741.00.650.72-0.740.741.00.480.060.75-0.651.00.970.930.990.870.850.94
0.78-0.971.00.690.590.650.86-0.660.730.980.72-1.00.650.72-0.040.320.93-0.980.730.60.710.650.910.430.6
-0.80.98-1.0-0.71-0.59-0.67-0.890.67-0.75-0.98-0.74-1.0-0.63-0.74-0.01-0.38-0.950.96-0.75-0.6-0.71-0.66-0.93-0.47-0.6
0.85-0.710.620.710.850.70.56-0.280.710.680.740.65-0.630.74-0.06-0.260.52-0.690.740.690.910.710.580.390.66
0.97-0.810.691.00.950.990.89-0.741.00.651.00.72-0.740.740.480.060.75-0.651.00.970.930.990.870.850.94
0.33-0.14-0.050.520.390.520.47-0.340.51-0.10.48-0.04-0.01-0.060.480.340.270.230.470.520.320.520.380.860.53
0.08-0.390.370.04-0.230.020.43-0.050.130.370.060.32-0.38-0.260.060.340.58-0.190.06-0.130.02-0.040.450.27-0.12
0.78-0.970.930.730.560.690.95-0.630.780.920.750.93-0.950.520.750.270.58-0.840.760.610.710.670.980.630.61
-0.740.92-0.98-0.61-0.55-0.58-0.750.58-0.65-0.97-0.65-0.980.96-0.69-0.650.23-0.19-0.84-0.66-0.52-0.67-0.57-0.81-0.27-0.51
0.97-0.810.71.00.940.990.89-0.741.00.671.00.73-0.750.741.00.470.060.76-0.660.960.930.980.870.840.93
0.89-0.670.550.980.960.970.81-0.780.940.50.970.6-0.60.690.970.52-0.130.61-0.520.960.850.990.760.860.99
0.98-0.820.680.90.930.90.8-0.460.920.710.930.71-0.710.910.930.320.020.71-0.670.930.850.890.790.710.82
0.93-0.730.610.990.960.990.85-0.760.980.560.990.65-0.660.710.990.52-0.040.67-0.570.980.990.890.810.870.97
0.86-0.950.90.850.70.820.99-0.740.880.870.870.91-0.930.580.870.380.450.98-0.810.870.760.790.810.760.77
0.74-0.570.410.870.760.860.82-0.640.860.360.850.43-0.470.390.850.860.270.63-0.270.840.860.710.870.760.86
0.85-0.660.560.950.940.930.81-0.790.910.50.940.6-0.60.660.940.53-0.120.61-0.510.930.990.820.970.770.86
Click cells to compare fundamentals

Finwise Bancorp Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Finwise Stock Analysis

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.