WA1 Net Interest Income vs Interest Expense Analysis
| WA1 Stock | 16.05 0.94 5.53% |
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 Net Interest Income and its Interest Expense 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.
Net Interest Income vs Interest Expense
Net Interest Income vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WA1 Resources Net Interest Income account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WA1 Resources' Net Interest Income and Interest Expense is 0.46. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Interest Expense 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' Net Interest Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of WA1 Resources are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Interest Income i.e., WA1 Resources' Net Interest Income and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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
Click cells to compare fundamentals
WA1 Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.