Wellstar Gross Profit Margin vs Asset Turnover 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 Gross Profit Margin and its Asset Turnover 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.
Gross Profit Margin vs Asset Turnover
Gross Profit Margin vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wellstar International Gross Profit Margin account and Asset Turnover. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wellstar International's Gross Profit Margin and Asset Turnover is 0.83. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Asset Turnover 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 Gross Profit Margin and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Wellstar International are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Gross Profit Margin i.e., Wellstar International's Gross Profit Margin and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Gross Profit Margin
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.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
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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.