WHY Stock | | | CAD 0.26 0.01 3.70% |
West High financial indicator trend analysis is more than just analyzing West High Yield current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West High Yield is a good investment. Please check the relationship between West High Depreciation And Amortization and its Net Receivables accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West High Yield. 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.
Depreciation And Amortization vs Net Receivables
Depreciation And Amortization vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
West High Yield Depreciation And Amortization account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between West High's Depreciation And Amortization and Net Receivables is -0.16. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Receivables in the same time period over historical financial statements of West High Yield, assuming nothing else is changed. The correlation between historical values of West High's Depreciation And Amortization and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of West High Yield are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Depreciation And Amortization i.e., West High's Depreciation And Amortization and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Net Receivables
Most indicators from West High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West High Yield 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 West High Yield. 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.
At this time, West High's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(7.96) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Other Operating Expenses | 2.2M | 4.0M | 2.9M | 1.8M | Depreciation And Amortization | 11.5K | 22.7K | 18.7K | 27.0K |
West High fundamental ratios Correlations
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West High Account Relationship Matchups
High Positive Relationship
High Negative Relationship
West High fundamental ratios Accounts
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