Wang Long Term Debt vs Total Liab Analysis
WLGS Stock | 5.33 1.11 26.30% |
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 Long Term Debt and its Total Liab 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.
Long Term Debt vs Total Liab
Long Term Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wang Lee Group, Long Term Debt account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Wang Lee's Long Term Debt and Total Liab is -0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Liab 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 Long Term Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Wang Lee Group, are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Debt i.e., Wang Lee's Long Term Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Wang Lee Group, has held for over one year. Long-term debt appears on Wang Lee Group, balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Wang Lee Group, balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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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