Wag Capital Stock vs Net Working Capital Analysis

PETWW Stock  USD 0.02  0.0003  1.56%   
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 Capital Stock and its Net Working Capital 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 housing.

Capital Stock vs Net Working Capital

Capital Stock vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Capital Stock account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wag Group's Capital Stock and Net Working Capital is 0.52. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Working Capital 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 Capital Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Wag Group Co are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Stock i.e., Wag Group's Capital Stock and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Working Capital

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 housing.
At this time, Wag Group's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb 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

0.99-0.460.930.960.890.69-0.09-0.880.920.950.69-0.690.990.720.86-0.3-0.75-0.940.70.450.61-0.980.960.680.91
0.99-0.450.960.960.950.610.0-0.90.960.90.76-0.731.00.610.92-0.28-0.78-0.950.750.530.66-0.990.960.780.96
-0.46-0.45-0.26-0.41-0.550.02-0.480.38-0.3-0.22-0.34-0.16-0.46-0.49-0.23-0.67-0.070.380.080.320.290.36-0.43-0.5-0.27
0.930.96-0.260.960.910.640.06-0.950.990.870.86-0.880.960.420.98-0.45-0.92-0.970.90.740.83-0.990.960.80.99
0.960.96-0.410.960.880.740.07-0.970.940.910.84-0.80.960.580.91-0.38-0.86-1.00.830.610.72-0.991.00.720.94
0.890.95-0.550.910.880.350.28-0.860.950.720.82-0.650.940.40.93-0.06-0.7-0.880.690.520.58-0.910.880.940.94
0.690.610.020.640.740.35-0.4-0.690.550.850.46-0.70.610.650.5-0.72-0.72-0.740.690.480.64-0.70.740.090.56
-0.090.0-0.480.060.070.28-0.4-0.250.12-0.360.520.0-0.01-0.470.170.54-0.01-0.10.080.13-0.060.00.080.540.11
-0.88-0.90.38-0.95-0.97-0.86-0.69-0.25-0.93-0.8-0.940.85-0.89-0.4-0.920.370.890.98-0.89-0.71-0.770.95-0.97-0.77-0.93
0.920.96-0.30.990.940.950.550.12-0.930.830.86-0.850.950.380.99-0.38-0.89-0.950.870.720.8-0.970.940.861.0
0.950.9-0.220.870.910.720.85-0.36-0.80.830.56-0.730.910.760.77-0.54-0.77-0.890.720.480.67-0.920.90.450.83
0.690.76-0.340.860.840.820.460.52-0.940.860.56-0.810.740.090.88-0.26-0.84-0.870.870.770.74-0.810.850.840.86
-0.69-0.73-0.16-0.88-0.8-0.65-0.70.00.85-0.85-0.73-0.81-0.71-0.13-0.880.751.00.84-1.0-0.95-0.990.82-0.8-0.59-0.86
0.991.0-0.460.960.960.940.61-0.01-0.890.950.910.74-0.710.630.91-0.28-0.77-0.950.730.510.64-0.980.960.770.95
0.720.61-0.490.420.580.40.65-0.47-0.40.380.760.09-0.130.630.26-0.1-0.2-0.530.13-0.190.04-0.570.580.070.36
0.860.92-0.230.980.910.930.50.17-0.920.990.770.88-0.880.910.26-0.4-0.91-0.920.90.790.84-0.940.90.880.99
-0.3-0.28-0.67-0.45-0.38-0.06-0.720.540.37-0.38-0.54-0.260.75-0.28-0.1-0.40.710.4-0.69-0.72-0.80.4-0.360.07-0.4
-0.75-0.78-0.07-0.92-0.86-0.7-0.72-0.010.89-0.89-0.77-0.841.0-0.77-0.2-0.910.710.88-1.0-0.92-0.970.87-0.85-0.63-0.9
-0.94-0.950.38-0.97-1.0-0.88-0.74-0.10.98-0.95-0.89-0.870.84-0.95-0.53-0.920.40.88-0.87-0.66-0.750.99-1.0-0.74-0.95
0.70.750.080.90.830.690.690.08-0.890.870.720.87-1.00.730.130.9-0.69-1.0-0.870.940.97-0.840.830.640.88
0.450.530.320.740.610.520.480.13-0.710.720.480.77-0.950.51-0.190.79-0.72-0.92-0.660.940.97-0.630.60.560.74
0.610.660.290.830.720.580.64-0.06-0.770.80.670.74-0.990.640.040.84-0.8-0.97-0.750.970.97-0.750.710.530.82
-0.98-0.990.36-0.99-0.99-0.91-0.70.00.95-0.97-0.92-0.810.82-0.98-0.57-0.940.40.870.99-0.84-0.63-0.75-0.99-0.75-0.97
0.960.96-0.430.961.00.880.740.08-0.970.940.90.85-0.80.960.580.9-0.36-0.85-1.00.830.60.71-0.990.730.94
0.680.78-0.50.80.720.940.090.54-0.770.860.450.84-0.590.770.070.880.07-0.63-0.740.640.560.53-0.750.730.85
0.910.96-0.270.990.940.940.560.11-0.931.00.830.86-0.860.950.360.99-0.4-0.9-0.950.880.740.82-0.970.940.85
Click cells to compare fundamentals

Wag Group Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.