WABAG Net Interest Income vs Other Operating Expenses Analysis

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 Interest Income and its Other Operating Expenses 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 Interest Income vs Other Operating Expenses

Net Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VA Tech Wabag Net Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between VA Tech's Net Interest Income and Other Operating Expenses is -0.36. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Other Operating Expenses 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 Interest Income and Other Operating Expenses 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 VA Tech Wabag are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Interest Income i.e., VA Tech's Net Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VA Tech Wabag. It is also known as VA Tech overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Expense362.7M658M711M746.6M
Depreciation And Amortization101.3M88.1M84M139.5M

VA Tech fundamental ratios Correlations

0.740.260.960.940.370.69-0.210.950.93-0.080.880.74-0.27-0.390.010.980.990.540.910.90.730.60.40.4-0.32
0.74-0.340.860.50.430.95-0.470.620.54-0.570.730.22-0.22-0.38-0.370.830.770.790.690.460.90.330.48-0.05-0.01
0.26-0.340.070.53-0.4-0.380.370.450.540.690.150.61-0.14-0.220.470.10.19-0.240.250.56-0.340.24-0.150.68-0.61
0.960.860.070.80.410.83-0.390.880.84-0.30.890.53-0.3-0.44-0.150.990.960.670.870.750.880.480.420.33-0.25
0.940.50.530.80.210.420.00.960.960.210.770.9-0.21-0.310.220.850.910.360.860.970.450.620.340.49-0.47
0.370.43-0.40.410.210.45-0.320.280.16-0.360.270.040.23-0.010.180.440.40.120.430.110.50.280.470.030.61
0.690.95-0.380.830.420.45-0.690.580.49-0.720.690.12-0.28-0.28-0.40.790.710.740.660.380.920.20.420.030.11
-0.21-0.470.37-0.390.0-0.32-0.69-0.2-0.110.8-0.250.320.2-0.060.28-0.32-0.22-0.38-0.240.09-0.510.43-0.27-0.09-0.4
0.950.620.450.880.960.280.58-0.20.990.010.810.78-0.26-0.40.110.90.910.460.910.930.580.540.470.51-0.38
0.930.540.540.840.960.160.49-0.110.990.110.780.8-0.27-0.410.110.860.880.440.870.940.50.520.440.53-0.49
-0.08-0.570.69-0.30.21-0.36-0.720.80.010.11-0.180.480.27-0.110.37-0.23-0.11-0.48-0.110.28-0.590.22-0.320.34-0.42
0.880.730.150.890.770.270.69-0.250.810.78-0.180.58-0.33-0.61-0.050.890.890.50.710.760.760.480.330.25-0.31
0.740.220.610.530.90.040.120.320.780.80.480.58-0.14-0.20.250.620.710.090.650.930.190.750.110.45-0.52
-0.27-0.22-0.14-0.3-0.210.23-0.280.2-0.26-0.270.27-0.33-0.140.08-0.02-0.29-0.27-0.4-0.07-0.21-0.33-0.2-0.080.010.3
-0.39-0.38-0.22-0.44-0.31-0.01-0.28-0.06-0.4-0.41-0.11-0.61-0.20.080.2-0.41-0.38-0.17-0.27-0.39-0.38-0.21-0.09-0.280.17
0.01-0.370.47-0.150.220.18-0.40.280.110.110.37-0.050.25-0.020.2-0.1-0.02-0.250.00.15-0.390.160.140.11-0.08
0.980.830.10.990.850.440.79-0.320.90.86-0.230.890.62-0.29-0.41-0.10.990.620.90.810.850.560.420.33-0.23
0.990.770.190.960.910.40.71-0.220.910.88-0.110.890.71-0.27-0.38-0.020.990.560.890.870.780.610.370.35-0.3
0.540.79-0.240.670.360.120.74-0.380.460.44-0.480.50.09-0.4-0.17-0.250.620.560.430.320.710.140.4-0.07-0.3
0.910.690.250.870.860.430.66-0.240.910.87-0.110.710.65-0.07-0.270.00.90.890.430.830.650.570.450.43-0.21
0.90.460.560.750.970.110.380.090.930.940.280.760.93-0.21-0.390.150.810.870.320.830.430.690.260.5-0.51
0.730.9-0.340.880.450.50.92-0.510.580.5-0.590.760.19-0.33-0.38-0.390.850.780.710.650.430.390.30.110.04
0.60.330.240.480.620.280.20.430.540.520.220.480.75-0.2-0.210.160.560.610.140.570.690.390.070.18-0.27
0.40.48-0.150.420.340.470.42-0.270.470.44-0.320.330.11-0.08-0.090.140.420.370.40.450.260.30.07-0.240.07
0.4-0.050.680.330.490.030.03-0.090.510.530.340.250.450.01-0.280.110.330.35-0.070.430.50.110.18-0.24-0.21
-0.32-0.01-0.61-0.25-0.470.610.11-0.4-0.38-0.49-0.42-0.31-0.520.30.17-0.08-0.23-0.3-0.3-0.21-0.510.04-0.270.07-0.21
Click cells to compare fundamentals

VA Tech Account Relationship Matchups

VA Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.2B41.6B40.0B40.9B45.7B31.0B
Short Long Term Debt Total5.2B3.6B4.4B2.2B2.9B2.8B
Other Current Liab1.6B7.4B6.1B10.6B8.1B5.0B
Total Current Liabilities25.8B23.7B21.7B23.0B21.5B18.0B
Total Stockholder Equity11.7B15.3B15.4B15.7B18.2B10.7B
Property Plant And Equipment Net838.7M836.4M766.2M718.4M689M821.8M
Net Debt3.0B726.2M1.6B385M(643M)(610.9M)
Cash2.2B2.9B2.8B1.8B4.6B4.8B
Non Current Assets Total6.9B8.6B10.4B10.2B9.5B5.6B
Non Currrent Assets Other5.6B7.2B8.8B8.6B8.0B4.1B
Cash And Short Term Investments2.3B3.0B2.8B3.7B5.1B3.2B
Net Receivables26.4B24.6B20.7B23.6B28.4B17.1B
Liabilities And Stockholders Equity40.2B41.6B40.0B40.9B45.7B31.0B
Inventory264.1M297.6M319.5M411.3M359M343.5M
Other Current Assets3.5B4.7B4.6B2.1B2.5B4.0B
Total Liab28.5B26.5B24.8B25.1B27.5B20.3B
Total Current Assets33.3B33.0B29.6B30.7B36.3B25.4B
Accumulated Other Comprehensive Income(501.8M)2.5B2.5B2.7B2.2B2.4B
Short Term Debt4.9B2.2B3.4B1.6B955M1.8B
Retained Earnings6.4B7.5B8.8B9.0B11.9B6.3B
Accounts Payable16.3B10.8B9.9B10.7B10.3B11.6B
Non Current Liabilities Total2.7B2.8B3.1B2.1B6.0B6.3B
Current Deferred Revenue4.3B4.5B8.2B1.6B2.0B1.9B
Short Term Investments60.5M101.8M32.3M1.9B448M257.1M
Intangible Assets24.7M26.7M33.2M36.4M36M34.2M
Other Liab1.7B2.4B2.6B2.1B2.4B2.3B
Net Tangible Assets10.1B11.7B14.1B15.4B17.7B11.7B
Other Assets5.9B7.5B9.2B397.1M456.7M433.8M
Long Term Debt296.8M1.3B936M550M1.9B2.0B
Short Long Term Debt4.9B1.7B3.3B1.6B920M874M
Property Plant Equipment838.7M836.4M766.3M718.4M646.6M748.7M
Long Term Debt Total305.7M1.4B984.4M582.2M669.5M803.8M
Cash And Equivalents676.6M1.1B857.6M382.2M439.5M600.0M
Net Invested Capital16.9B17.1B19.7B17.9B21.0B19.7B
Net Working Capital7.5B9.4B7.9B7.7B14.7B9.6B

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.

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.