Wang Selling General Administrative vs Non Current Assets Total Analysis
WLGS Stock | 5.35 0.02 0.38% |
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 Selling General Administrative and its Non Current Assets Total 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.
Selling General Administrative vs Non Current Assets Total
Selling General Administrative vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wang Lee Group, Selling General Administrative account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Wang Lee's Selling General Administrative and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total 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 Selling General Administrative and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Wang Lee Group, are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Wang Lee's Selling General Administrative and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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
High Positive Relationship
High Negative Relationship
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