WEBUY Capital Lease Obligations vs Total Liab Analysis
WBUY Stock | 0.19 0.03 18.75% |
WEBUY GLOBAL financial indicator trend analysis is more than just analyzing WEBUY GLOBAL LTD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WEBUY GLOBAL LTD is a good investment. Please check the relationship between WEBUY GLOBAL Capital Lease Obligations and its Total Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEBUY GLOBAL LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Capital Lease Obligations vs Total Liab
Capital Lease Obligations vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Capital Lease Obligations account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WEBUY GLOBAL's Capital Lease Obligations and Total Liab is 0.88. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Liab in the same time period over historical financial statements of WEBUY GLOBAL LTD, assuming nothing else is changed. The correlation between historical values of WEBUY GLOBAL's Capital Lease Obligations and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of WEBUY GLOBAL LTD are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Capital Lease Obligations i.e., WEBUY GLOBAL's Capital Lease Obligations and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Lease Obligations
WEBUY GLOBAL LTD capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to WEBUY GLOBAL asset purchases. For example, WEBUY GLOBAL can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as WEBUY GLOBAL control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from WEBUY GLOBAL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WEBUY GLOBAL LTD 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 WEBUY GLOBAL LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, WEBUY GLOBAL's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 16.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (7.05) in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26.0K | 283.5K | 294.1K | 221.3K | Depreciation And Amortization | 178.1K | 437.3K | 1.3M | 714.5K |
WEBUY GLOBAL fundamental ratios Correlations
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WEBUY GLOBAL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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