Wag Common Stock vs Net Receivables 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 Common Stock and its Net Receivables 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.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Common Stock account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wag Group's Common Stock and Net Receivables is 0.96. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables 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 Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Wag Group Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Wag Group's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Net Receivables

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

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