Wag Price To Sales Ratio vs Capex To Depreciation Analysis

PET Stock  USD 0.21  0.01  5.00%   
Wag Group financial indicator trend analysis is more than just analyzing Wag Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wag Group is a good investment. Please check the relationship between Wag Group Price To Sales Ratio and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Wag Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Price To Sales Ratio vs Capex To Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wag Group's Price To Sales Ratio and Capex To Depreciation is 0.9. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Wag Group Co, assuming nothing else is changed. The correlation between historical values of Wag Group's Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Wag Group Co are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Wag Group's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Wag Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wag Group sales, a figure that is much harder to manipulate than other Wag Group Co multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Wag Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wag Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Wag Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Wag Group's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 19.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense61K2.5M7.4M7.8M
Depreciation And Amortization388K1.1M1.7M919.9K

Wag Group fundamental ratios Correlations

0.99-0.460.930.960.290.960.890.69-0.09-0.880.920.950.69-0.69-0.690.990.720.86-0.3-0.75-0.940.70.450.61-0.98
0.99-0.450.960.960.350.960.950.610.0-0.90.960.90.76-0.73-0.731.00.610.92-0.28-0.78-0.950.750.530.66-0.99
-0.46-0.45-0.26-0.410.53-0.45-0.550.02-0.480.38-0.3-0.22-0.34-0.16-0.16-0.46-0.49-0.23-0.67-0.070.380.080.320.290.36
0.930.96-0.260.960.580.960.910.640.06-0.950.990.870.86-0.88-0.880.960.420.98-0.45-0.92-0.970.90.740.83-0.99
0.960.96-0.410.960.451.00.880.740.07-0.970.940.910.84-0.8-0.80.960.580.91-0.38-0.86-1.00.830.610.72-0.99
0.290.350.530.580.450.430.290.490.0-0.550.550.380.61-0.89-0.890.33-0.270.62-0.83-0.84-0.50.870.970.93-0.47
0.960.96-0.450.961.00.430.890.720.11-0.980.940.890.86-0.79-0.790.960.560.91-0.34-0.85-1.00.820.60.7-0.98
0.890.95-0.550.910.880.290.890.350.28-0.860.950.720.82-0.65-0.650.940.40.93-0.06-0.7-0.880.690.520.58-0.91
0.690.610.020.640.740.490.720.35-0.4-0.690.550.850.46-0.7-0.70.610.650.5-0.72-0.72-0.740.690.480.64-0.7
-0.090.0-0.480.060.070.00.110.28-0.4-0.250.12-0.360.520.00.0-0.01-0.470.170.54-0.01-0.10.080.13-0.060.0
-0.88-0.90.38-0.95-0.97-0.55-0.98-0.86-0.69-0.25-0.93-0.8-0.940.850.85-0.89-0.4-0.920.370.890.98-0.89-0.71-0.770.95
0.920.96-0.30.990.940.550.940.950.550.12-0.930.830.86-0.85-0.850.950.380.99-0.38-0.89-0.950.870.720.8-0.97
0.950.9-0.220.870.910.380.890.720.85-0.36-0.80.830.56-0.73-0.730.910.760.77-0.54-0.77-0.890.720.480.67-0.92
0.690.76-0.340.860.840.610.860.820.460.52-0.940.860.56-0.81-0.810.740.090.88-0.26-0.84-0.870.870.770.74-0.81
-0.69-0.73-0.16-0.88-0.8-0.89-0.79-0.65-0.70.00.85-0.85-0.73-0.811.0-0.71-0.13-0.880.751.00.84-1.0-0.95-0.990.82
-0.69-0.73-0.16-0.88-0.8-0.89-0.79-0.65-0.70.00.85-0.85-0.73-0.811.0-0.71-0.13-0.880.751.00.84-1.0-0.95-0.990.82
0.991.0-0.460.960.960.330.960.940.61-0.01-0.890.950.910.74-0.71-0.710.630.91-0.28-0.77-0.950.730.510.64-0.98
0.720.61-0.490.420.58-0.270.560.40.65-0.47-0.40.380.760.09-0.13-0.130.630.26-0.1-0.2-0.530.13-0.190.04-0.57
0.860.92-0.230.980.910.620.910.930.50.17-0.920.990.770.88-0.88-0.880.910.26-0.4-0.91-0.920.90.790.84-0.94
-0.3-0.28-0.67-0.45-0.38-0.83-0.34-0.06-0.720.540.37-0.38-0.54-0.260.750.75-0.28-0.1-0.40.710.4-0.69-0.72-0.80.4
-0.75-0.78-0.07-0.92-0.86-0.84-0.85-0.7-0.72-0.010.89-0.89-0.77-0.841.01.0-0.77-0.2-0.910.710.88-1.0-0.92-0.970.87
-0.94-0.950.38-0.97-1.0-0.5-1.0-0.88-0.74-0.10.98-0.95-0.89-0.870.840.84-0.95-0.53-0.920.40.88-0.87-0.66-0.750.99
0.70.750.080.90.830.870.820.690.690.08-0.890.870.720.87-1.0-1.00.730.130.9-0.69-1.0-0.870.940.97-0.84
0.450.530.320.740.610.970.60.520.480.13-0.710.720.480.77-0.95-0.950.51-0.190.79-0.72-0.92-0.660.940.97-0.63
0.610.660.290.830.720.930.70.580.64-0.06-0.770.80.670.74-0.99-0.990.640.040.84-0.8-0.97-0.750.970.97-0.75
-0.98-0.990.36-0.99-0.99-0.47-0.98-0.91-0.70.00.95-0.97-0.92-0.810.820.82-0.98-0.57-0.940.40.870.99-0.84-0.63-0.75
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Wag Group Account Relationship Matchups

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Additional Tools for Wag Stock Analysis

When running Wag Group's price analysis, check to measure Wag Group'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 Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.