Wellstar Book Value Per Share vs Average Payables Analysis
Wellstar International financial indicator trend analysis is more than just analyzing Wellstar International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wellstar International is a good investment. Please check the relationship between Wellstar International Book Value Per Share and its Average Payables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellstar International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.
Book Value Per Share vs Average Payables
Book Value Per Share vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wellstar International Book Value Per Share account and Average Payables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wellstar International's Book Value Per Share and Average Payables is 0.82. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Wellstar International, assuming nothing else is changed. The correlation between historical values of Wellstar International's Book Value Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Wellstar International are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Book Value Per Share i.e., Wellstar International's Book Value Per Share and Average Payables go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from Wellstar International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wellstar International 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 Wellstar International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.As of now, Wellstar International's Selling General Administrative is decreasing as compared to previous years. The Wellstar International's current Enterprise Value is estimated to increase to about 48.7 M, while Enterprise Value Over EBITDA is forecasted to increase to (41.48).
Wellstar International fundamental ratios Correlations
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Wellstar International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Wellstar International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wellstar International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wellstar International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wellstar International Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellstar International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wellstar International. If investors know Wellstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wellstar International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.06) |
The market value of Wellstar International is measured differently than its book value, which is the value of Wellstar that is recorded on the company's balance sheet. Investors also form their own opinion of Wellstar International's value that differs from its market value or its book value, called intrinsic value, which is Wellstar International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wellstar International's market value can be influenced by many factors that don't directly affect Wellstar International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wellstar International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wellstar International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wellstar International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.