WEBUY Retained Earnings vs Inventory 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 Retained Earnings and its Inventory 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.
Retained Earnings vs Inventory
Retained Earnings vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Retained Earnings account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WEBUY GLOBAL's Retained Earnings and Inventory is -0.12. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory 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 Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of WEBUY GLOBAL LTD are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., WEBUY GLOBAL's Retained Earnings and Inventory go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Inventory
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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