Wag Property Plant And Equipment Gross vs Long Term Debt 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 Property Plant And Equipment Gross and its Long Term Debt 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.
Property Plant And Equipment Gross vs Long Term Debt
Property Plant And Equipment Gross vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Property Plant And Equipment Gross account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wag Group's Property Plant And Equipment Gross and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Long Term Debt 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 Property Plant And Equipment Gross and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Wag Group Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Gross i.e., Wag Group's Property Plant And Equipment Gross and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Gross
Long Term Debt
Long-term debt is a debt that Wag Group has held for over one year. Long-term debt appears on Wag Group Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Wag Group Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Expense | 61K | 2.5M | 7.4M | 7.8M | Depreciation And Amortization | 388K | 1.1M | 1.7M | 919.9K |
Wag Group fundamental ratios Correlations
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Wag Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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