Wearable Accounts Payable vs Capital Stock Analysis
| WLDS Stock | USD 1.71 0.26 17.93% |
Wearable Devices financial indicator trend analysis is more than just analyzing Wearable Devices current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wearable Devices is a good investment. Please check the relationship between Wearable Devices Accounts Payable and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wearable Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.
Accounts Payable vs Capital Stock
Accounts Payable vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wearable Devices Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wearable Devices' Accounts Payable and Capital Stock is 0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Wearable Devices, assuming nothing else is changed. The correlation between historical values of Wearable Devices' Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Wearable Devices are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., Wearable Devices' Accounts Payable and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Wearable Devices obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Wearable Devices are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Wearable Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wearable Devices 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 Wearable Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.At this time, Wearable Devices' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 36.90 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 55K | 38K | 34.2K | 44.6K | Depreciation And Amortization | 11K | 23K | 68K | 71.4K |
Wearable Devices fundamental ratios Correlations
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Wearable Devices Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Wearable Stock Analysis
When running Wearable Devices' price analysis, check to measure Wearable Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.