Wag Total Liab vs Retained Earnings Analysis

PET Stock  USD 0.20  0.01  4.76%   
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 Total Liab and its Retained Earnings 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.

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wag Group's Total Liab and Retained Earnings is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings 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 Total Liab and Retained Earnings 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 Wag Group Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Wag Group's Total Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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
Click cells to compare fundamentals

Wag Group Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.