Finwise Total Liab vs Accounts Payable 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 Total Liab and its Accounts Payable 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 Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finwise Bancorp Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Finwise Bancorp's Total Liab and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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 Liab and Accounts Payable 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 Liab of Finwise Bancorp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Finwise Bancorp's Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accounts Payable
An accounting item on the balance sheet that represents Finwise Bancorp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Finwise Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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.