Weebit Interest Income vs Net Interest Income Analysis

WBT Stock

2.76 0.08 2.99%

Weebit Nano financial indicator trend analysis is more than just analyzing Weebit Nano current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weebit Nano is a good investment. Please check the relationship between Weebit Nano Interest Income and its Net Interest Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weebit Nano. 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.

Interest Income vs Net Interest Income

Interest Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weebit Nano Interest Income account and Net Interest Income. At this time, the significance of the direction appears to have totally related.

The correlation between Weebit Nano's Interest Income and Net Interest Income is 1.0. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Weebit Nano, assuming nothing else is changed. The correlation between historical values of Weebit Nano's Interest Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Weebit Nano are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Interest Income i.e., Weebit Nano's Interest Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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.

Most indicators from Weebit Nano's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weebit Nano 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 Weebit Nano. 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.

Issuance Of Capital Stock is likely to gain to about 73.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 479 K in 2024.

	2021	2022	2023 (projected)
Research Development	22.5M	32.4M	29.9M
Interest Income	197.8K	1.3M	4.1M

Research Development Interest Income

Weebit Nano fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Retained Earnings	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Short Long Term Debt Total	Short Long Term Debt	Short Term Debt	Non Currrent Assets Other
Total Assets		0.83	1.0	-0.09	-0.83	0.78	0.99	-0.09	0.81	0.58	0.45	0.74	0.5	0.85	-0.08	0.99	0.97	0.78	-0.91	-0.14	0.8	0.17	0.08	-0.05	-0.07	-0.25
Total Current Liabilities	0.83		0.81	0.22	-0.63	0.82	0.78	0.22	0.61	0.3	0.29	0.68	0.22	1.0	0.23	0.77	0.81	0.97	-0.78	0.14	0.56	0.18	0.21	-0.05	0.15	-0.05
Total Stockholder Equity	1.0	0.81		-0.11	-0.84	0.77	0.99	-0.11	0.81	0.58	0.45	0.74	0.51	0.83	-0.1	0.99	0.97	0.76	-0.91	-0.16	0.8	0.17	0.08	-0.04	-0.08	-0.25
Property Plant And Equipment Net	-0.09	0.22	-0.11		0.24	0.12	-0.24	1.0	-0.24	-0.13	-0.48	-0.01	-0.25	0.2	1.0	-0.24	-0.2	0.22	0.25	0.95	-0.1	0.35	0.69	0.06	0.72	0.61
Net Debt	-0.83	-0.63	-0.84	0.24		-0.63	-0.86	0.24	-1.0	-0.45	-0.68	-0.71	-0.66	-0.65	0.24	-0.86	-0.82	-0.58	0.78	0.36	-0.66	-0.13	0.05	0.52	0.25	0.4
Accounts Payable	0.78	0.82	0.77	0.12	-0.63		0.75	0.12	0.6	0.22	0.36	0.71	0.22	0.83	0.13	0.74	0.8	0.73	-0.81	0.01	0.36	0.15	0.14	-0.19	0.06	-0.14
Cash	0.99	0.78	0.99	-0.24	-0.86	0.75		-0.24	0.84	0.54	0.52	0.73	0.5	0.8	-0.23	1.0	0.98	0.73	-0.93	-0.29	0.79	0.12	-0.03	-0.07	-0.18	-0.33
Non Current Assets Total	-0.09	0.22	-0.11	1.0	0.24	0.12	-0.24		-0.24	-0.13	-0.48	-0.01	-0.25	0.2	1.0	-0.24	-0.2	0.22	0.25	0.95	-0.1	0.35	0.69	0.06	0.72	0.61
Cash And Short Term Investments	0.81	0.61	0.81	-0.24	-1.0	0.6	0.84	-0.24		0.43	0.69	0.7	0.66	0.63	-0.24	0.83	0.79	0.55	-0.76	-0.36	0.63	0.13	-0.05	-0.56	-0.25	-0.4
Net Receivables	0.58	0.3	0.58	-0.13	-0.45	0.22	0.54	-0.13	0.43		0.35	0.43	0.78	0.35	-0.12	0.58	0.55	0.3	-0.49	-0.15	0.54	0.02	0.07	0.04	-0.22	-0.27
Common Stock Total Equity	0.45	0.29	0.45	-0.48	-0.68	0.36	0.52	-0.48	0.69	0.35		0.64	0.49	0.31	-0.48	0.52	0.55	0.28	-0.6	-0.67	0.25	-0.21	-0.58	-0.52	-0.7	-0.83
Common Stock Shares Outstanding	0.74	0.68	0.74	-0.01	-0.71	0.71	0.73	-0.01	0.7	0.43	0.64		0.35	0.69	0.0	0.73	0.77	0.6	-0.77	-0.23	0.44	0.17	-0.11	-0.29	-0.26	-0.29
Non Current Liabilities Total	0.5	0.22	0.51	-0.25	-0.66	0.22	0.5	-0.25	0.66	0.78	0.49	0.35		0.26	-0.24	0.53	0.51	0.18	-0.5	-0.28	0.35	0.17	0.13	-0.49	-0.19	-0.28
Total Liab	0.85	1.0	0.83	0.2	-0.65	0.83	0.8	0.2	0.63	0.35	0.31	0.69	0.26		0.21	0.79	0.83	0.97	-0.8	0.13	0.58	0.19	0.22	-0.05	0.14	-0.06
Property Plant And Equipment Gross	-0.08	0.23	-0.1	1.0	0.24	0.13	-0.23	1.0	-0.24	-0.12	-0.48	0.0	-0.24	0.21		-0.23	-0.19	0.23	0.24	0.95	-0.1	0.35	0.69	0.05	0.72	0.6
Total Current Assets	0.99	0.77	0.99	-0.24	-0.86	0.74	1.0	-0.24	0.83	0.58	0.52	0.73	0.53	0.79	-0.23		0.98	0.73	-0.92	-0.28	0.79	0.12	-0.02	-0.07	-0.18	-0.33
Common Stock	0.97	0.81	0.97	-0.2	-0.82	0.8	0.98	-0.2	0.79	0.55	0.55	0.77	0.51	0.83	-0.19	0.98		0.74	-0.98	-0.27	0.68	0.14	-0.01	-0.1	-0.15	-0.33
Other Current Liab	0.78	0.97	0.76	0.22	-0.58	0.73	0.73	0.22	0.55	0.3	0.28	0.6	0.18	0.97	0.23	0.73	0.74		-0.69	0.16	0.59	0.06	0.13	0.02	0.07	-0.13
Retained Earnings	-0.91	-0.78	-0.91	0.25	0.78	-0.81	-0.93	0.25	-0.76	-0.49	-0.6	-0.77	-0.5	-0.8	0.24	-0.92	-0.98	-0.69		0.33	-0.53	-0.11	0.06	0.17	0.2	0.37
Property Plant Equipment	-0.14	0.14	-0.16	0.95	0.36	0.01	-0.29	0.95	-0.36	-0.15	-0.67	-0.23	-0.28	0.13	0.95	-0.28	-0.27	0.16	0.33		-0.07	0.39	0.75	0.24	0.82	0.71
Net Tangible Assets	0.8	0.56	0.8	-0.1	-0.66	0.36	0.79	-0.1	0.63	0.54	0.25	0.44	0.35	0.58	-0.1	0.79	0.68	0.59	-0.53	-0.07		0.14	0.02	0.22	-0.07	-0.18
Other Stockholder Equity	0.17	0.18	0.17	0.35	-0.13	0.15	0.12	0.35	0.13	0.02	-0.21	0.17	0.17	0.19	0.35	0.12	0.14	0.06	-0.11	0.39	0.14		0.52	-0.06	0.54	0.63
Short Long Term Debt Total	0.08	0.21	0.08	0.69	0.05	0.14	-0.03	0.69	-0.05	0.07	-0.58	-0.11	0.13	0.22	0.69	-0.02	-0.01	0.13	0.06	0.75	0.02	0.52		-0.01	0.93	0.72
Short Long Term Debt	-0.05	-0.05	-0.04	0.06	0.52	-0.19	-0.07	0.06	-0.56	0.04	-0.52	-0.29	-0.49	-0.05	0.05	-0.07	-0.1	0.02	0.17	0.24	0.22	-0.06	-0.01		0.15	0.24
Short Term Debt	-0.07	0.15	-0.08	0.72	0.25	0.06	-0.18	0.72	-0.25	-0.22	-0.7	-0.26	-0.19	0.14	0.72	-0.18	-0.15	0.07	0.2	0.82	-0.07	0.54	0.93	0.15		0.79
Non Currrent Assets Other	-0.25	-0.05	-0.25	0.61	0.4	-0.14	-0.33	0.61	-0.4	-0.27	-0.83	-0.29	-0.28	-0.06	0.6	-0.33	-0.33	-0.13	0.37	0.71	-0.18	0.63	0.72	0.24	0.79

Click cells to compare fundamentals

Weebit Nano Account Relationship Matchups

Weebit Nano fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0K	4.5M	22.2M	57.0M	89.5M	66.0M
Total Current Liabilities	369.17	1.1M	1.0M	1.7M	4.6M	3.9M
Total Stockholder Equity	1.6K	3.3M	21.2M	55.0M	84.8M	61.9M
Property Plant And Equipment Net	179.8K	138.0K	717.0K	519.6K	1.6M	2.3M
Net Debt	(4.0M)	(21.7M)	(49.8M)	(87.7M)	(62.4M)	(59.3M)
Accounts Payable	92.3K	301.8K	209.2K	253.2K	829.5K	1.1M
Cash	1.7K	4.1M	21.7M	50.2M	88.0M	62.8M
Non Current Assets Total	193.3K	188.9K	738.2K	546.8K	1.6M	2.3M
Cash And Short Term Investments	4.1M	21.7M	50.2M	88.0M	62.8M	66.0M
Net Receivables	221.0K	199.6K	294.4K	6.0M	1.0M	1.6M
Liabilities And Stockholders Equity	4.5M	22.2M	57.0M	89.5M	66.0M	69.3M
Total Liab	369.17	1.2M	1.0M	2.0M	4.7M	4.1M
Property Plant And Equipment Gross	179.8K	138.0K	717.0K	519.6K	1.9M	2.3M
Total Current Assets	1.9K	4.3M	22.0M	56.3M	89.0M	64.4M
Accumulated Other Comprehensive Income	6.8M	11.9M	22.7M	33.8M	51.7M	54.3M
Common Stock	31.6K	36.1M	60.1M	110.8M	168.5M	168.9M
Other Current Liab	276.9K	739.5K	784.6K	1.3M	3.6M	2.6M
Retained Earnings	(35.5K)	(39.6M)	(50.8M)	(78.5M)	(117.5M)	(158.8M)
Property Plant Equipment	68.9K	179.8K	138.0K	717.0K	519.6K	7.6K
Net Tangible Assets	1.6M	3.3M	21.2M	55.0M	84.8M	479.8K
Other Stockholder Equity	0.0	1.0	(9.3K)	(51.0K)	(45.9K)	(48.2K)
Short Long Term Debt Total	124.3K	49.2K	414.8K	284.7K	434.8K	324.2K
Inventory	(198.59)	(294.42)	(6.0K)	(1.0K)	(1.2K)	(1.2K)
Other Current Assets	199.59	294.42	6.0K	1.0K	901.96	856.86
Other Assets	12.81	13.5K	1.0	21.2K	27.1K	0.95
Long Term Debt Total	24.5K	19.6K	348K	66.3K	76.2K	72.0K
Net Invested Capital	3.3M	21.2M	55.0M	84.8M	61.9M	32.0M
Net Working Capital	3.2M	21.0M	54.6M	84.3M	60.5M	31.6M
Long Term Investments	13.5K	51.0K	21.2K	27.1K	26.7K	23.8K
Current Deferred Revenue	738.7K	(1.0)	1.3M	3.6M	4.1M	4.3M
Capital Stock	36.1M	60.1M	110.8M	168.5M	168.9M	105.6M

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 Weebit Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC