Finwise Total Current Liabilities vs Inventory 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 Total Current Liabilities and its Inventory 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.

Total Current Liabilities vs Inventory

Total Current Liabilities vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finwise Bancorp Total Current Liabilities account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Finwise Bancorp's Total Current Liabilities and Inventory is -0.98. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory 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 Total Current Liabilities and Inventory 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 Current Liabilities of Finwise Bancorp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., Finwise Bancorp's Total Current Liabilities and Inventory go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Finwise Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Finwise Bancorp 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.

Inventory

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
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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
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Finwise Bancorp Account Relationship Matchups

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