MAPSW Total Operating Expenses vs Tax Provision Analysis
MAPSW Stock | USD 0.03 0.0001 0.32% |
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 Total Operating Expenses and its Tax Provision 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.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WM Technology Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WM Technology's Total Operating Expenses and Tax Provision is 0.82. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision 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 Total Operating Expenses and Tax Provision 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 Operating Expenses of WM Technology are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., WM Technology's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.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.