Wang Current Deferred Revenue vs Retained Earnings Analysis
WLGS Stock | 4.24 0.17 4.18% |
Wang Lee financial indicator trend analysis is more than just analyzing Wang Lee Group, current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wang Lee Group, is a good investment. Please check the relationship between Wang Lee Current Deferred Revenue and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wang Lee Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Current Deferred Revenue vs Retained Earnings
Current Deferred Revenue vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wang Lee Group, Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Wang Lee's Current Deferred Revenue and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Wang Lee Group,, assuming nothing else is changed. The correlation between historical values of Wang Lee's Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Wang Lee Group, are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Wang Lee's Current Deferred Revenue and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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.Most indicators from Wang Lee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wang Lee Group, 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 Wang Lee Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Issuance Of Capital Stock is likely to gain to about 8.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.3K | 35.4K | 61.6K | 43.9K | Depreciation And Amortization | 466.88 | 2.6K | 32.4K | 34.0K |
Wang Lee fundamental ratios Correlations
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Wang Lee Account Relationship Matchups
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