Wag Tax Provision vs Total Other Income Expense Net 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 Tax Provision and its Total Other Income Expense Net 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.
Tax Provision vs Total Other Income Expense Net
Tax Provision vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Tax Provision account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wag Group's Tax Provision and Total Other Income Expense Net is -0.42. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Other Income Expense Net 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 Tax Provision and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Wag Group Co are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Tax Provision i.e., Wag Group's Tax Provision and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Total Other Income Expense Net
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 Expense | 61K | 2.5M | 7.4M | 7.8M | Depreciation And Amortization | 388K | 1.1M | 1.7M | 919.9K |
Wag Group fundamental ratios Correlations
Click cells to compare fundamentals
Wag Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.