| WISH Stock | | | CAD 0.28 0.02 7.69% |
Wishpond Technologies financial indicator trend analysis is more than just analyzing Wishpond Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wishpond Technologies is a good investment. Please check the relationship between Wishpond Technologies Capital Lease Obligations and its Property Plant And Equipment Net accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Capital Lease Obligations vs Property Plant And Equipment Net
Capital Lease Obligations vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wishpond Technologies Capital Lease Obligations account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Wishpond Technologies' Capital Lease Obligations and Property Plant And Equipment Net is 1.0. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Wishpond Technologies, assuming nothing else is changed. The correlation between historical values of Wishpond Technologies' Capital Lease Obligations and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Wishpond Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Capital Lease Obligations i.e., Wishpond Technologies' Capital Lease Obligations and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Lease Obligations
Wishpond Technologies capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Wishpond Technologies asset purchases. For example, Wishpond Technologies can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Wishpond Technologies control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Wishpond Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wishpond Technologies 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 Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Wishpond Technologies'
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 25.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.5
M in 2024.
Wishpond Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Wishpond Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wishpond Technologies fundamental ratios Accounts
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Additional Tools for Wishpond Stock Analysis
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