| WHN Stock | | | CAD 0.10 0.01 11.11% |
Westhaven Ventures financial indicator trend analysis is more than just analyzing Westhaven Ventures current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westhaven Ventures is a good investment. Please check the relationship between Westhaven Ventures Gross Profit and its Net Interest Income accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westhaven Ventures. 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.
Gross Profit vs Net Interest Income
Gross Profit vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Westhaven Ventures Gross Profit account and
Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Westhaven Ventures' Gross Profit and Net Interest Income is -0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Westhaven Ventures, assuming nothing else is changed. The correlation between historical values of Westhaven Ventures' Gross Profit 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 Gross Profit of Westhaven Ventures 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 Gross Profit i.e., Westhaven Ventures' Gross Profit and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Westhaven Ventures minus its cost of goods sold. It is profit before Westhaven Ventures operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Westhaven Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westhaven Ventures 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 Westhaven Ventures. 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.
Selling General Administrative is likely to drop to about 284.6
K in 2024.
Issuance Of Capital Stock is likely to drop to about 950
K in 2024
Westhaven Ventures fundamental ratios Correlations
Click cells to compare fundamentals
Westhaven Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westhaven Ventures fundamental ratios Accounts
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Additional Tools for Westhaven Stock Analysis
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measure Westhaven Ventures' 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 Westhaven Ventures is operating at the current time. Most of Westhaven Ventures' value examination focuses on studying past and present price action to
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