Warby Net Receivables vs Cash And Short Term Investments 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 Net Receivables and its Cash And Short Term Investments 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.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warby Parker Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Warby Parker's Net Receivables and Cash And Short Term Investments is -0.01. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments 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 Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Warby Parker are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Warby Parker's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Warby Parker balance sheet. This account contains Warby Parker investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Warby Parker fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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0.970.960.96-0.510.820.720.9-0.51-0.84-0.70.980.71-0.540.690.980.190.630.70.90.760.840.820.820.660.99
-0.67-0.39-0.67-0.51-0.7-0.9-0.73-0.460.820.87-0.35-0.90.02-0.96-0.35-0.8-0.78-0.9-0.7-0.35-0.69-0.86-0.7-0.88-0.43
0.880.870.930.82-0.70.850.78-0.07-0.97-0.940.710.85-0.680.850.710.590.80.810.960.910.970.891.00.750.78
0.850.650.850.72-0.90.850.830.19-0.9-0.950.561.0-0.240.930.560.790.661.00.90.610.90.990.850.950.64
0.930.80.90.9-0.730.780.83-0.22-0.87-0.750.830.83-0.370.840.830.450.720.820.830.590.80.880.770.870.86
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-0.92-0.83-0.94-0.840.82-0.97-0.9-0.870.020.95-0.73-0.890.55-0.94-0.73-0.61-0.88-0.87-0.95-0.8-0.94-0.93-0.97-0.84-0.8
-0.83-0.69-0.86-0.70.87-0.94-0.95-0.75-0.210.95-0.54-0.950.41-0.94-0.54-0.77-0.77-0.94-0.93-0.74-0.94-0.95-0.94-0.86-0.63
0.910.930.890.98-0.350.710.560.83-0.67-0.73-0.540.56-0.540.551.0-0.010.550.540.80.70.710.690.710.510.99
0.850.650.850.71-0.90.851.00.830.2-0.89-0.950.56-0.240.930.560.790.661.00.90.610.90.990.850.950.63
-0.48-0.76-0.55-0.540.02-0.68-0.24-0.370.420.550.41-0.54-0.24-0.26-0.54-0.12-0.48-0.18-0.54-0.87-0.61-0.31-0.67-0.21-0.56
0.810.610.820.69-0.960.850.930.840.25-0.94-0.940.550.93-0.260.550.740.870.920.840.560.820.920.840.910.62
0.910.930.890.98-0.350.710.560.83-0.67-0.73-0.541.00.56-0.540.55-0.010.550.540.80.70.710.690.710.510.99
0.390.20.410.19-0.80.590.790.450.67-0.61-0.77-0.010.79-0.120.74-0.010.50.770.520.360.620.680.580.820.09
0.680.610.720.63-0.780.80.660.720.13-0.88-0.770.550.66-0.480.870.550.50.630.70.580.670.690.790.640.59
0.840.620.830.7-0.90.811.00.820.21-0.87-0.940.541.0-0.180.920.540.770.630.880.570.880.980.820.950.62
0.960.90.980.9-0.70.960.90.83-0.17-0.95-0.930.80.9-0.540.840.80.520.70.880.860.980.950.960.780.86
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
0.910.870.940.84-0.690.970.90.8-0.09-0.94-0.940.710.9-0.610.820.710.620.670.880.980.890.930.970.820.79
0.930.750.920.82-0.860.890.990.880.04-0.93-0.950.690.99-0.310.920.690.680.690.980.950.680.930.890.920.76
0.880.870.930.82-0.71.00.850.77-0.07-0.97-0.940.710.85-0.670.840.710.580.790.820.960.910.970.890.750.78
0.790.580.760.66-0.880.750.950.870.22-0.84-0.860.510.95-0.210.910.510.820.640.950.780.50.820.920.750.57
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
Click cells to compare fundamentals

Warby Parker Account Relationship Matchups

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Additional Tools for Warby Stock Analysis

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.