WABAG Stock | | | 1,692 3.30 0.20% |
VA Tech financial indicator trend analysis is much more than just breaking down VA Tech Wabag prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VA Tech Wabag is a good investment. Please check the relationship between VA Tech Net Income From Continuing Ops and its Depreciation And Amortization accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in VA Tech Wabag. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Net Income From Continuing Ops vs Depreciation And Amortization
Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VA Tech Wabag Net Income From Continuing Ops account and
Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VA Tech's Net Income From Continuing Ops and Depreciation And Amortization is -0.08. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of VA Tech Wabag, assuming nothing else is changed. The correlation between historical values of VA Tech's Net Income From Continuing Ops and Depreciation And Amortization 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 Income From Continuing Ops of VA Tech Wabag are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income From Continuing Ops i.e., VA Tech's Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from VA Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VA Tech Wabag 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 VA Tech Wabag. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
As of the 28th of November 2024,
Selling General Administrative is likely to grow to about 299.8
M, while
Tax Provision is likely to drop about 411.9
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 362.7M | 658M | 711M | 746.6M | Depreciation And Amortization | 101.3M | 88.1M | 84M | 139.5M |
VA Tech fundamental ratios Correlations
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VA Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VA Tech fundamental ratios Accounts
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Other Information on Investing in WABAG Stock
Balance Sheet is a snapshot of the
financial position of VA Tech Wabag at a specified time, usually calculated after every quarter, six months, or one year. VA Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VA Tech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WABAG currently owns. An asset can also be divided into two categories, current and non-current.