Warby Depreciation vs Change To Operating Activities Analysis

WRBY Stock  USD 22.90  1.25  5.18%   
Warby Parker financial indicator trend analysis is more than just analyzing Warby Parker current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Warby Parker is a good investment. Please check the relationship between Warby Parker Depreciation and its Change To Operating Activities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warby Parker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.

Depreciation vs Change To Operating Activities

Depreciation vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warby Parker Depreciation account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Warby Parker's Depreciation and Change To Operating Activities is -0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Warby Parker, assuming nothing else is changed. The correlation between historical values of Warby Parker's Depreciation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Warby Parker are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Depreciation i.e., Warby Parker's Depreciation and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Warby Parker value has been used up. For tax purposes Warby Parker can deduct the cost of the tangible assets it purchases as business expenses. However, Warby Parker must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Operating Activities

Most indicators from Warby Parker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Warby Parker 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 Warby Parker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.Tax Provision is likely to drop to about 371.1 K in 2024. Selling General Administrative is likely to drop to about 331.3 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense347K1.3M1.2M738K
Depreciation And Amortization22.0M31.9M38.6M27.6M

Warby Parker fundamental ratios Correlations

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0.760.910.830.76-0.350.910.610.59-0.32-0.8-0.740.70.61-0.870.560.70.360.580.570.860.890.680.910.50.75
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0.940.950.940.99-0.430.780.640.86-0.6-0.8-0.630.990.63-0.560.620.990.090.590.620.860.750.790.760.780.57
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Warby Parker Account Relationship Matchups

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When running Warby Parker's price analysis, check to measure Warby Parker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Warby Parker is operating at the current time. Most of Warby Parker's value examination focuses on studying past and present price action to predict the probability of Warby Parker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Warby Parker's price. Additionally, you may evaluate how the addition of Warby Parker to your portfolios can decrease your overall portfolio volatility.