MAPSW Net Tangible Assets vs Total Stockholder Equity Analysis
MAPSW Stock | USD 0.04 0.01 23.89% |
WM Technology financial indicator trend analysis is more than just analyzing WM Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WM Technology is a good investment. Please check the relationship between WM Technology Net Tangible Assets and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in WM Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy MAPSW Stock please use our How to Invest in WM Technology guide.
Net Tangible Assets vs Total Stockholder Equity
Net Tangible Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WM Technology Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WM Technology's Net Tangible Assets and Total Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of WM Technology, assuming nothing else is changed. The correlation between historical values of WM Technology's Net Tangible Assets and Total Stockholder Equity 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 WM Technology are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., WM Technology's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from WM Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WM Technology 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in WM Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy MAPSW Stock please use our How to Invest in WM Technology guide.At this time, WM Technology's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 89 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.33 in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 17.1M | 9.3M | Interest Income | 55.4M | 30.1M |
WM Technology fundamental ratios Correlations
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WM Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running WM Technology's price analysis, check to measure WM Technology'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 WM Technology is operating at the current time. Most of WM Technology's value examination focuses on studying past and present price action to predict the probability of WM Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WM Technology's price. Additionally, you may evaluate how the addition of WM Technology to your portfolios can decrease your overall portfolio volatility.