WA1 Cash vs Cash And Short Term Investments Analysis
| WA1 Stock | 15.81 0.30 1.93% |
WA1 Resources financial indicator trend analysis is more than just analyzing WA1 Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WA1 Resources is a good investment. Please check the relationship between WA1 Resources Cash and its Cash And Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WA1 Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WA1 Resources Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between WA1 Resources' Cash and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of WA1 Resources, assuming nothing else is changed. The correlation between historical values of WA1 Resources' Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of WA1 Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., WA1 Resources' Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of WA1 Resources, which is listed under current asset account on WA1 Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from WA1 Resources customers. The amounts must be unrestricted with restricted cash listed in a different WA1 Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of WA1 Resources balance sheet. This account contains WA1 Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by WA1 Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from WA1 Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WA1 Resources 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in WA1 Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 3.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 29.5 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 28.0 | 1.2M | 1.4M | 1.5M | Net Interest Income | 28.0 | 1.2M | 1.4M | 1.5M |
WA1 Resources fundamental ratios Correlations
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WA1 Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for WA1 Stock Analysis
When running WA1 Resources' price analysis, check to measure WA1 Resources' 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 WA1 Resources is operating at the current time. Most of WA1 Resources' value examination focuses on studying past and present price action to predict the probability of WA1 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WA1 Resources' price. Additionally, you may evaluate how the addition of WA1 Resources to your portfolios can decrease your overall portfolio volatility.