WA1 Property Plant Equipment vs Property Plant And Equipment Net 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 Property Plant Equipment and its Property Plant And Equipment Net 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.

Property Plant Equipment vs Property Plant And Equipment Net

Property Plant Equipment vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WA1 Resources Property Plant Equipment account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WA1 Resources' Property Plant Equipment and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Property Plant And Equipment Net 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' Property Plant Equipment and Property Plant And Equipment Net 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 Equipment of WA1 Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Property Plant Equipment i.e., WA1 Resources' Property Plant Equipment and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Income28.01.2M1.4M1.5M
Net Interest Income28.01.2M1.4M1.5M

WA1 Resources fundamental ratios Correlations

0.850.981.00.941.0-1.0-0.990.981.01.0-0.921.00.820.20.510.981.01.00.940.920.060.921.00.920.93
0.850.910.850.90.84-0.87-0.90.90.850.84-0.610.860.960.340.60.910.860.850.910.840.370.950.840.950.96
0.980.910.980.980.96-0.98-0.991.00.980.96-0.860.980.90.220.641.00.980.980.990.860.260.910.960.910.92
1.00.850.980.931.0-1.0-0.990.981.01.0-0.931.00.810.20.50.981.01.00.940.920.050.921.00.920.93
0.940.90.980.930.91-0.94-0.970.980.940.91-0.790.950.940.070.770.980.950.931.00.790.40.870.910.870.89
1.00.840.961.00.91-1.0-0.980.971.01.0-0.941.00.780.230.450.960.991.00.920.930.00.921.00.920.92
-1.0-0.87-0.98-1.0-0.94-1.01.0-0.98-1.0-1.00.9-1.0-0.83-0.19-0.51-0.98-1.0-1.0-0.94-0.93-0.06-0.94-0.99-0.94-0.94
-0.99-0.9-0.99-0.99-0.97-0.981.0-0.99-0.99-0.980.88-1.0-0.88-0.16-0.58-0.99-1.0-0.99-0.97-0.91-0.16-0.94-0.98-0.94-0.94
0.980.91.00.980.980.97-0.98-0.990.980.97-0.860.980.90.180.651.00.990.980.990.860.250.910.960.910.92
1.00.850.981.00.941.0-1.0-0.990.981.0-0.931.00.810.190.510.981.01.00.940.920.050.921.00.920.93
1.00.840.961.00.911.0-1.0-0.980.971.0-0.941.00.780.230.450.960.991.00.920.930.00.921.00.920.92
-0.92-0.61-0.86-0.93-0.79-0.940.90.88-0.86-0.93-0.94-0.92-0.56-0.19-0.33-0.86-0.92-0.93-0.79-0.80.16-0.73-0.94-0.73-0.73
1.00.860.981.00.951.0-1.0-1.00.981.01.0-0.920.830.180.530.981.01.00.950.910.080.920.990.920.93
0.820.960.90.810.940.78-0.83-0.880.90.810.78-0.560.830.130.80.90.830.810.940.720.570.870.780.870.88
0.20.340.220.20.070.23-0.19-0.160.180.190.23-0.190.180.13-0.320.220.180.190.130.32-0.140.290.250.290.28
0.510.60.640.50.770.45-0.51-0.580.650.510.45-0.330.530.8-0.320.640.540.50.750.240.830.430.440.430.46
0.980.911.00.980.980.96-0.98-0.991.00.980.96-0.860.980.90.220.640.980.980.990.860.260.910.960.910.92
1.00.860.981.00.950.99-1.0-1.00.991.00.99-0.921.00.830.180.540.981.00.950.910.090.920.990.920.93
1.00.850.981.00.931.0-1.0-0.990.981.01.0-0.931.00.810.190.50.981.00.940.920.050.921.00.920.93
0.940.910.990.941.00.92-0.94-0.970.990.940.92-0.790.950.940.130.750.990.950.940.790.40.880.910.880.89
0.920.840.860.920.790.93-0.93-0.910.860.920.93-0.80.910.720.320.240.860.910.920.79-0.160.970.930.970.96
0.060.370.260.050.40.0-0.06-0.160.250.050.00.160.080.57-0.140.830.260.090.050.4-0.160.09-0.010.090.11
0.920.950.910.920.870.92-0.94-0.940.910.920.92-0.730.920.870.290.430.910.920.920.880.970.090.921.01.0
1.00.840.961.00.911.0-0.99-0.980.961.01.0-0.940.990.780.250.440.960.991.00.910.93-0.010.920.920.92
0.920.950.910.920.870.92-0.94-0.940.910.920.92-0.730.920.870.290.430.910.920.920.880.970.091.00.921.0
0.930.960.920.930.890.92-0.94-0.940.920.930.92-0.730.930.880.280.460.920.930.930.890.960.111.00.921.0
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WA1 Resources Account Relationship Matchups

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