Wallbox Net Debt vs Net Tangible Assets Analysis

WBX Stock  USD 0.65  0.03  4.41%   
Wallbox NV financial indicator trend analysis is more than just analyzing Wallbox NV current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wallbox NV is a good investment. Please check the relationship between Wallbox NV Net Debt and its Net Tangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbox NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Wallbox Stock please use our How to Invest in Wallbox NV guide.

Net Debt vs Net Tangible Assets

Net Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wallbox NV Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wallbox NV's Net Debt and Net Tangible Assets is 0.73. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Wallbox NV, assuming nothing else is changed. The correlation between historical values of Wallbox NV's Net Debt and Net Tangible Assets 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 Debt of Wallbox NV are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Debt i.e., Wallbox NV's Net Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Wallbox NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wallbox NV 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 Wallbox NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Wallbox Stock please use our How to Invest in Wallbox NV guide.Sales General And Administrative To Revenue is likely to rise to 0.76 in 2024, whereas Tax Provision is likely to drop (738.1 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.6M5.0M16.7M17.5M
Depreciation And Amortization10.0M19.9M30.8M32.3M

Wallbox NV fundamental ratios Correlations

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0.830.960.30.80.770.680.920.85-0.940.650.790.850.05-0.120.810.720.830.630.270.70.970.90.740.410.83
0.640.91-0.20.570.580.530.730.85-0.780.510.480.760.23-0.180.80.330.610.9-0.250.550.910.680.740.380.66
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0.970.910.350.940.940.780.930.850.76-0.950.860.890.440.280.920.780.960.540.290.830.880.910.960.670.98
0.450.280.050.440.540.250.380.050.23-0.330.70.320.440.80.260.230.40.04-0.040.290.180.350.660.880.44
0.410.060.50.450.510.410.27-0.12-0.18-0.210.660.430.280.80.140.440.4-0.480.440.42-0.020.310.440.770.38
0.850.880.190.790.770.870.790.810.8-0.840.680.760.920.260.140.640.840.620.140.90.90.780.830.440.84
0.890.690.850.930.90.790.870.720.33-0.840.830.980.780.230.440.640.92-0.030.820.810.670.910.690.620.88
1.00.870.60.990.980.840.960.830.61-0.960.910.980.960.40.40.840.920.30.540.880.840.970.90.710.99
0.340.67-0.530.250.250.210.410.630.9-0.480.150.140.540.04-0.480.62-0.030.3-0.550.240.680.340.50.050.37
0.490.171.00.570.530.460.450.27-0.25-0.390.480.690.29-0.040.440.140.820.54-0.550.460.160.520.190.320.46
0.860.770.510.840.821.00.780.70.55-0.80.770.860.830.290.420.90.810.880.240.460.790.810.750.540.83
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0.960.920.570.970.960.791.00.90.68-0.990.90.960.910.350.310.780.910.970.340.520.810.890.870.710.96
0.930.860.260.90.930.70.890.740.74-0.890.920.810.960.660.440.830.690.90.50.190.750.810.870.820.94
0.740.570.40.760.830.510.720.410.38-0.670.930.680.670.880.770.440.620.710.050.320.540.480.710.820.73
1.00.880.520.990.980.780.960.830.66-0.960.920.950.980.440.380.840.880.990.370.460.830.840.960.940.73
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Wallbox NV Account Relationship Matchups

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