WinVest Retained Earnings vs Cash And Short Term Investments Analysis
WINV Stock | USD 11.86 0.09 0.76% |
WinVest Acquisition financial indicator trend analysis is more than just analyzing WinVest Acquisition Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WinVest Acquisition Corp is a good investment. Please check the relationship between WinVest Acquisition Retained Earnings and its Cash And Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WinVest Acquisition Corp. 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.
Retained Earnings vs Cash And Short Term Investments
Retained Earnings vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WinVest Acquisition Corp Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WinVest Acquisition's Retained Earnings and Cash And Short Term Investments is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of WinVest Acquisition Corp, assuming nothing else is changed. The correlation between historical values of WinVest Acquisition's Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of WinVest Acquisition Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., WinVest Acquisition's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of WinVest Acquisition Corp balance sheet. This account contains WinVest Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by WinVest Acquisition Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from WinVest Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WinVest Acquisition Corp 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 WinVest Acquisition Corp. 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. Tax Provision is likely to drop to about 239 K in 2024. Enterprise Value Over EBITDA is likely to drop to 52.80 in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.6B | 1.4M | 7.4B | 7.8B | Depreciation And Amortization | 381.1K | 1.3K | 1.8M | 1.9M |
WinVest Acquisition fundamental ratios Correlations
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WinVest Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for WinVest Stock Analysis
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