| WHY Stock | | | CAD 0.26 0.01 4.00% |
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 Total Operating Expenses and its Depreciation And Amortization 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.
Total Operating Expenses vs Depreciation And Amortization
Total Operating Expenses vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
West High Yield Total Operating Expenses account and
Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between West High's Total Operating Expenses and Depreciation And Amortization is -0.05. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Depreciation And Amortization 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 Total Operating Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of West High Yield are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Operating Expenses i.e., West High's Total Operating Expenses and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
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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