| WAFU Stock | | | USD 1.65 0.01 0.60% |
Wah Fu financial indicator trend analysis is more than just analyzing Wah Fu Education current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wah Fu Education is a good investment. Please check the relationship between Wah Fu Other Non Cash Items and its Net Borrowings accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Other Non Cash Items vs Net Borrowings
Other Non Cash Items vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wah Fu Education Other Non Cash Items account and
Net Borrowings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wah Fu's Other Non Cash Items and Net Borrowings is 0.68. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Wah Fu Education, assuming nothing else is changed. The correlation between historical values of Wah Fu's Other Non Cash Items and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Wah Fu Education are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Other Non Cash Items i.e., Wah Fu's Other Non Cash Items and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.68 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Non Cash Items
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Wah Fu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wah Fu Education 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 Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Wah Fu's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 2.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.23 in 2024.
Wah Fu fundamental ratios Correlations
Click cells to compare fundamentals
Wah Fu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wah Fu fundamental ratios Accounts
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