Wam Income Before Tax vs Total Other Income Expense Net Analysis

WLE Stock   1.25  0.01  0.81%   
Wam Leaders financial indicator trend analysis is more than just analyzing Wam Leaders current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wam Leaders is a good investment. Please check the relationship between Wam Leaders Income Before Tax and its Total Other Income Expense Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wam Leaders. 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.

Income Before Tax vs Total Other Income Expense Net

Income Before Tax vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wam Leaders Income Before Tax account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wam Leaders' Income Before Tax and Total Other Income Expense Net is -0.29. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Wam Leaders, assuming nothing else is changed. The correlation between historical values of Wam Leaders' Income Before Tax and Total Other Income Expense 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 Income Before Tax of Wam Leaders are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Income Before Tax i.e., Wam Leaders' Income Before Tax and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Wam Leaders income statement and is an important metric when analyzing Wam Leaders profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Other Income Expense Net

Most indicators from Wam Leaders' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wam Leaders 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 Wam Leaders. 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 gain to about (2.4 M) in 2025. Selling General Administrative is likely to drop to about 133.7 K in 2025
 2022 2023 2024 2025 (projected)
Gross Profit194.9M21.1M24.3M23.1M
Total Revenue194.9M47.2M54.3M51.6M

Wam Leaders fundamental ratios Correlations

1.00.86-0.820.42-0.890.850.860.99-0.70.990.54-0.93-0.73-0.690.73-0.080.690.95-0.33-0.050.28-0.33-0.330.880.92
1.00.85-0.80.45-0.880.820.850.99-0.721.00.49-0.94-0.72-0.690.74-0.110.660.96-0.340.00.23-0.34-0.340.90.93
0.860.85-0.990.28-0.860.810.980.85-0.60.830.57-0.79-0.67-0.580.61-0.010.570.72-0.36-0.060.3-0.36-0.360.610.67
-0.82-0.8-0.99-0.260.78-0.78-0.97-0.80.57-0.79-0.530.740.620.55-0.580.02-0.53-0.680.350.05-0.280.350.35-0.58-0.63
0.420.450.28-0.26-0.360.090.210.5-0.920.49-0.05-0.61-0.33-0.30.92-0.820.180.57-0.780.35-0.1-0.78-0.780.670.63
-0.89-0.88-0.860.78-0.36-0.78-0.83-0.880.66-0.87-0.60.830.690.61-0.650.01-0.6-0.770.390.06-0.320.390.39-0.65-0.71
0.850.820.81-0.780.09-0.780.780.78-0.370.780.82-0.79-0.7-0.650.460.310.840.78-0.2-0.450.66-0.2-0.20.620.73
0.860.850.98-0.970.21-0.830.780.86-0.540.840.53-0.73-0.64-0.590.540.020.540.71-0.28-0.040.24-0.28-0.280.60.64
0.990.990.85-0.80.5-0.880.780.86-0.770.990.47-0.93-0.75-0.720.77-0.190.650.95-0.360.030.2-0.36-0.360.890.91
-0.7-0.72-0.60.57-0.920.66-0.37-0.54-0.77-0.74-0.160.810.530.47-0.970.69-0.36-0.760.69-0.290.010.690.69-0.8-0.78
0.991.00.83-0.790.49-0.870.780.840.99-0.740.44-0.94-0.7-0.670.76-0.170.650.96-0.350.050.18-0.35-0.350.920.93
0.540.490.57-0.53-0.05-0.60.820.530.47-0.160.44-0.49-0.52-0.450.220.330.840.44-0.14-0.810.93-0.14-0.140.250.38
-0.93-0.94-0.790.74-0.610.83-0.79-0.73-0.930.81-0.94-0.490.740.68-0.860.21-0.73-0.950.510.0-0.30.510.51-0.91-0.94
-0.73-0.72-0.670.62-0.330.69-0.7-0.64-0.750.53-0.7-0.520.740.98-0.57-0.04-0.58-0.720.330.06-0.30.330.33-0.59-0.65
-0.69-0.69-0.580.55-0.30.61-0.65-0.59-0.720.47-0.67-0.450.680.98-0.52-0.05-0.55-0.710.230.06-0.250.230.23-0.59-0.64
0.730.740.61-0.580.92-0.650.460.540.77-0.970.760.22-0.86-0.57-0.52-0.620.440.81-0.790.230.08-0.79-0.790.850.85
-0.08-0.11-0.010.02-0.820.010.310.02-0.190.69-0.170.330.21-0.04-0.05-0.620.19-0.210.52-0.440.350.520.52-0.37-0.28
0.690.660.57-0.530.18-0.60.840.540.65-0.360.650.84-0.73-0.58-0.550.440.190.68-0.23-0.610.78-0.23-0.230.580.65
0.950.960.72-0.680.57-0.770.780.710.95-0.760.960.44-0.95-0.72-0.710.81-0.210.68-0.410.00.24-0.41-0.410.970.99
-0.33-0.34-0.360.35-0.780.39-0.2-0.28-0.360.69-0.35-0.140.510.330.23-0.790.52-0.23-0.41-0.21-0.11.01.0-0.46-0.46
-0.050.0-0.060.050.350.06-0.45-0.040.03-0.290.05-0.810.00.060.060.23-0.44-0.610.0-0.21-0.93-0.21-0.210.150.03
0.280.230.3-0.28-0.1-0.320.660.240.20.010.180.93-0.3-0.3-0.250.080.350.780.24-0.1-0.93-0.1-0.10.080.21
-0.33-0.34-0.360.35-0.780.39-0.2-0.28-0.360.69-0.35-0.140.510.330.23-0.790.52-0.23-0.411.0-0.21-0.11.0-0.46-0.46
-0.33-0.34-0.360.35-0.780.39-0.2-0.28-0.360.69-0.35-0.140.510.330.23-0.790.52-0.23-0.411.0-0.21-0.11.0-0.46-0.46
0.880.90.61-0.580.67-0.650.620.60.89-0.80.920.25-0.91-0.59-0.590.85-0.370.580.97-0.460.150.08-0.46-0.460.98
0.920.930.67-0.630.63-0.710.730.640.91-0.780.930.38-0.94-0.65-0.640.85-0.280.650.99-0.460.030.21-0.46-0.460.98
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Wam Leaders Account Relationship Matchups

Wam Leaders fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.6B1.8B1.7B2.0B1.2B
Total Stockholder Equity1.2B1.4B1.8B1.7B1.9B1.2B
Net Debt(28.3M)(39.9M)(59.3M)(15.8M)(18.1M)(19.0M)
Cash28.3M39.9M59.3M15.8M14.2M13.5M
Other Assets(2.7M)8.2M2.6M1.7B2.0B2.1B
Cash And Short Term Investments31.1M42.6M60.1M16.6M14.9M14.2M
Net Receivables55.1M82.4M61.8M34.8M40.0M38.0M
Common Stock Shares Outstanding835.9M1.0B1.1B1.3B1.4B878.1M
Liabilities And Stockholders Equity1.3B1.6B1.8B1.7B2.0B1.2B
Total Liab122.3M159.9M30.4M48.1M55.3M63.6M
Total Current Assets86.1M125.0M121.9M(1.7B)(1.5B)(1.4B)
Common Stock922.0M1.2B1.5B1.5B1.8B1.0B
Total Current Liabilities65.7M128.9M30.4M31.4M36.1M53.2M
Short Term Investments2.7M2.7M781.2K802.2K722.0K685.9K
Non Current Assets Total1.2B1.4B1.7B3.4B3.9B4.1B
Non Currrent Assets Other(68.0K)(11.0M)(3.3M)(1.7B)(1.5B)(1.4B)
Non Current Liabilities Total24.3M128.9M56.1M48.1M55.3M52.6M
Long Term Investments1.2B1.4B1.7B1.7B1.9B1.3B
Accumulated Other Comprehensive Income295.6M375.8M425.4M372.3M428.1M277.0M
Other Current Liab(65.7M)(128.9M)(30.4M)(31.2M)(35.9M)(37.7M)
Accounts Payable65.7M128.9M30.4M31.2M35.9M59.9M
Capital Stock922.0M1.2B1.5B1.5B1.8B1.3B
Other Current Assets(1.3B)(1.6B)(1.8B)(1.7B)(1.5B)(1.6B)

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When running Wam Leaders' price analysis, check to measure Wam Leaders' 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 Wam Leaders is operating at the current time. Most of Wam Leaders' value examination focuses on studying past and present price action to predict the probability of Wam Leaders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wam Leaders' price. Additionally, you may evaluate how the addition of Wam Leaders to your portfolios can decrease your overall portfolio volatility.