WEBUY Net Receivables vs Capital Lease Obligations Analysis

WBUY Stock   0.18  0.01  5.26%   
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 Net Receivables and its Capital Lease Obligations 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.

Net Receivables vs Capital Lease Obligations

Net Receivables vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Net Receivables account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WEBUY GLOBAL's Net Receivables and Capital Lease Obligations is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Lease Obligations 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 Net Receivables and Capital Lease Obligations 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 Receivables of WEBUY GLOBAL LTD are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Receivables i.e., WEBUY GLOBAL's Net Receivables and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

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.
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 Expense26.0K283.5K294.1K221.3K
Depreciation And Amortization178.1K437.3K1.3M714.5K

WEBUY GLOBAL fundamental ratios Correlations

0.990.990.990.870.90.910.44-0.880.980.991.0-0.980.990.91-0.730.970.89-0.030.910.990.990.91.00.880.91
0.991.01.00.840.890.910.55-0.921.00.960.99-0.990.960.93-0.740.940.880.070.911.01.00.890.980.930.92
0.991.01.00.860.910.930.53-0.930.990.960.99-1.00.960.94-0.760.940.90.040.921.01.00.910.980.920.93
0.991.01.00.830.890.910.58-0.931.00.950.98-0.990.950.93-0.740.930.870.10.91.01.00.890.970.940.92
0.870.840.860.830.990.970.17-0.860.810.890.87-0.880.890.95-0.940.890.99-0.40.980.860.840.990.880.680.96
0.90.890.910.890.991.00.32-0.920.870.90.9-0.930.90.99-0.950.891.0-0.261.00.90.891.00.90.780.99
0.910.910.930.910.971.00.4-0.950.90.90.91-0.950.91.0-0.950.880.99-0.181.00.920.911.00.90.831.0
0.440.550.530.580.170.320.4-0.660.620.30.42-0.560.30.47-0.30.230.280.830.370.530.550.320.360.810.44
-0.88-0.92-0.93-0.93-0.86-0.92-0.95-0.66-0.94-0.82-0.870.96-0.82-0.970.89-0.79-0.91-0.12-0.95-0.93-0.92-0.92-0.85-0.94-0.97
0.981.00.991.00.810.870.90.62-0.940.930.97-0.990.930.92-0.730.90.860.150.890.991.00.870.950.960.91
0.990.960.960.950.890.90.90.3-0.820.930.99-0.941.00.89-0.721.00.9-0.180.90.960.960.91.00.790.89
1.00.990.990.980.870.90.910.42-0.870.970.99-0.970.990.91-0.730.980.89-0.060.910.990.990.91.00.860.91
-0.98-0.99-1.0-0.99-0.88-0.93-0.95-0.560.96-0.99-0.94-0.97-0.94-0.960.81-0.92-0.92-0.05-0.94-0.99-0.99-0.93-0.96-0.94-0.96
0.990.960.960.950.890.90.90.3-0.820.931.00.99-0.940.89-0.721.00.9-0.180.90.960.960.91.00.790.89
0.910.930.940.930.950.991.00.47-0.970.920.890.91-0.960.89-0.940.860.98-0.10.990.930.930.990.90.871.0
-0.73-0.74-0.76-0.74-0.94-0.95-0.95-0.30.89-0.73-0.72-0.730.81-0.72-0.94-0.7-0.950.28-0.95-0.76-0.74-0.95-0.72-0.68-0.94
0.970.940.940.930.890.890.880.23-0.790.91.00.98-0.921.00.86-0.70.89-0.240.880.940.940.890.990.740.87
0.890.880.90.870.991.00.990.28-0.910.860.90.89-0.920.90.98-0.950.89-0.30.990.890.881.00.890.750.99
-0.030.070.040.1-0.4-0.26-0.180.83-0.120.15-0.18-0.06-0.05-0.18-0.10.28-0.24-0.3-0.20.050.07-0.26-0.120.39-0.13
0.910.910.920.90.981.01.00.37-0.950.890.90.91-0.940.90.99-0.950.880.99-0.20.920.911.00.90.811.0
0.991.01.01.00.860.90.920.53-0.930.990.960.99-0.990.960.93-0.760.940.890.050.921.00.910.980.920.93
0.991.01.01.00.840.890.910.55-0.921.00.960.99-0.990.960.93-0.740.940.880.070.911.00.890.970.930.92
0.90.890.910.890.991.01.00.32-0.920.870.90.9-0.930.90.99-0.950.891.0-0.261.00.910.890.90.780.99
1.00.980.980.970.880.90.90.36-0.850.951.01.0-0.961.00.9-0.720.990.89-0.120.90.980.970.90.830.9
0.880.930.920.940.680.780.830.81-0.940.960.790.86-0.940.790.87-0.680.740.750.390.810.920.930.780.830.85
0.910.920.930.920.960.991.00.44-0.970.910.890.91-0.960.891.0-0.940.870.99-0.131.00.930.920.990.90.85
Click cells to compare fundamentals

WEBUY GLOBAL Account Relationship Matchups

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.

Additional Tools for WEBUY Stock Analysis

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