Wag Total Stockholder Equity vs Short Term Debt Analysis

PETWW Stock  USD 0.02  0.01  22.73%   
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 Stockholder Equity and its Short 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.

Total Stockholder Equity vs Short Term Debt

Total Stockholder Equity vs Short Term Debt Correlation Analysis

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

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Debt

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.