Western Ebit vs Ebitda Analysis

WAVS Stock  USD 11.05  0.37  3.24%   
Western Acquisition financial indicator trend analysis is more than just analyzing Western Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Acquisition is a good investment. Please check the relationship between Western Acquisition Ebit and its Ebitda accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Ebit vs Ebitda

Ebit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Acquisition Ebit account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Western Acquisition's Ebit and Ebitda is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Western Acquisition Ventures, assuming nothing else is changed. The correlation between historical values of Western Acquisition's Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Western Acquisition Ventures are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., Western Acquisition's Ebit and Ebitda go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Ebitda

Most indicators from Western Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Acquisition 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 Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Selling General Administrative is likely to gain to about 1.1 M in 2024, whereas Tax Provision is likely to drop slightly above 191.1 K in 2024.
 2010 2023 2024 (projected)
Net Interest Income1.6M1.3M1.1M
Tax Provision250.7K227.0K191.1K

Western Acquisition fundamental ratios Correlations

0.57-0.320.221.00.07-0.97-0.350.521.01.01.00.071.0-0.23-0.10.380.220.071.00.570.991.00.11-0.571.0
0.570.540.930.54-0.59-0.38-0.930.990.550.570.57-0.590.55-0.930.7-0.50.93-0.590.541.00.650.57-0.710.330.57
-0.320.540.79-0.35-0.920.53-0.780.62-0.34-0.32-0.32-0.92-0.34-0.820.97-1.00.79-0.92-0.350.54-0.22-0.32-0.970.81-0.32
0.220.930.790.19-0.73-0.01-0.940.940.190.220.22-0.730.19-0.990.88-0.771.0-0.730.190.930.320.22-0.90.650.22
1.00.54-0.350.190.1-0.98-0.320.491.01.01.00.11.0-0.2-0.130.410.190.11.00.540.991.00.14-0.591.0
0.07-0.59-0.92-0.730.1-0.280.85-0.680.090.070.071.00.090.8-0.950.88-0.731.00.1-0.59-0.030.060.93-0.510.06
-0.97-0.380.53-0.01-0.98-0.280.12-0.31-0.98-0.97-0.97-0.28-0.980.010.33-0.58-0.01-0.28-0.98-0.38-0.94-0.97-0.330.7-0.97
-0.35-0.93-0.78-0.94-0.320.850.12-0.97-0.32-0.35-0.350.85-0.320.97-0.90.73-0.940.85-0.32-0.93-0.45-0.350.89-0.45-0.35
0.520.990.620.940.49-0.68-0.31-0.970.490.510.51-0.680.49-0.950.77-0.580.94-0.680.490.990.60.52-0.780.360.52
1.00.55-0.340.191.00.09-0.98-0.320.491.01.00.091.0-0.2-0.130.410.190.091.00.550.991.00.13-0.581.0
1.00.57-0.320.221.00.07-0.97-0.350.511.01.00.071.0-0.23-0.10.380.220.071.00.570.991.00.11-0.571.0
1.00.57-0.320.221.00.07-0.97-0.350.511.01.00.071.0-0.23-0.10.380.220.071.00.570.991.00.11-0.571.0
0.07-0.59-0.92-0.730.11.0-0.280.85-0.680.090.070.070.090.8-0.950.88-0.731.00.1-0.59-0.030.060.93-0.510.06
1.00.55-0.340.191.00.09-0.98-0.320.491.01.01.00.09-0.2-0.130.410.190.091.00.550.991.00.13-0.581.0
-0.23-0.93-0.82-0.99-0.20.80.010.97-0.95-0.2-0.23-0.230.8-0.2-0.910.79-0.990.8-0.2-0.93-0.33-0.230.92-0.62-0.23
-0.10.70.970.88-0.13-0.950.33-0.90.77-0.13-0.1-0.1-0.95-0.13-0.91-0.960.88-0.95-0.130.70.01-0.1-1.00.71-0.1
0.38-0.5-1.0-0.770.410.88-0.580.73-0.580.410.380.380.880.410.79-0.96-0.770.880.41-0.50.280.380.96-0.850.38
0.220.930.791.00.19-0.73-0.01-0.940.940.190.220.22-0.730.19-0.990.88-0.77-0.730.190.930.320.22-0.90.650.22
0.07-0.59-0.92-0.730.11.0-0.280.85-0.680.090.070.071.00.090.8-0.950.88-0.730.1-0.59-0.030.060.93-0.510.06
1.00.54-0.350.191.00.1-0.98-0.320.491.01.01.00.11.0-0.2-0.130.410.190.10.540.991.00.14-0.591.0
0.571.00.540.930.54-0.59-0.38-0.930.990.550.570.57-0.590.55-0.930.7-0.50.93-0.590.540.650.57-0.710.330.57
0.990.65-0.220.320.99-0.03-0.94-0.450.60.990.990.99-0.030.99-0.330.010.280.32-0.030.990.650.990.0-0.490.99
1.00.57-0.320.221.00.06-0.97-0.350.521.01.01.00.061.0-0.23-0.10.380.220.061.00.570.990.1-0.561.0
0.11-0.71-0.97-0.90.140.93-0.330.89-0.780.130.110.110.930.130.92-1.00.96-0.90.930.14-0.710.00.1-0.740.1
-0.570.330.810.65-0.59-0.510.7-0.450.36-0.58-0.57-0.57-0.51-0.58-0.620.71-0.850.65-0.51-0.590.33-0.49-0.56-0.74-0.56
1.00.57-0.320.221.00.06-0.97-0.350.521.01.01.00.061.0-0.23-0.10.380.220.061.00.570.991.00.1-0.56
Click cells to compare fundamentals

Western Acquisition Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Western Stock Analysis

When running Western Acquisition's price analysis, check to measure Western Acquisition's 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 Western Acquisition is operating at the current time. Most of Western Acquisition's value examination focuses on studying past and present price action to predict the probability of Western Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Acquisition's price. Additionally, you may evaluate how the addition of Western Acquisition to your portfolios can decrease your overall portfolio volatility.