| WHN Stock | | | CAD 0.12 0.01 7.69% |
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 Other Current Liab and its Total Assets 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.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Westhaven Ventures Other Current Liab account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Westhaven Ventures' Other Current Liab and Total Assets is 0.4. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets 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' Other Current Liab and Total 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 Other Current Liab of Westhaven Ventures are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Westhaven Ventures' Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Current Liab
Total Assets
Total assets refers to the total amount of Westhaven Ventures assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Westhaven Ventures books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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