Warby Total Revenue vs Total Current Assets 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 Total Revenue and its Total Current Assets 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.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warby Parker Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Warby Parker's Total Revenue and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Total Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Warby Parker are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Warby Parker's Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Warby Parker generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

0.920.990.97-0.670.880.850.93-0.32-0.92-0.830.910.85-0.480.810.910.390.680.840.960.760.910.930.880.790.94
0.920.940.96-0.390.870.650.8-0.54-0.83-0.690.930.65-0.760.610.930.20.610.620.90.910.870.750.870.580.95
0.990.940.96-0.670.930.850.9-0.3-0.94-0.860.890.85-0.550.820.890.410.720.830.980.830.940.920.930.760.94
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
-0.32-0.54-0.3-0.51-0.46-0.070.19-0.220.02-0.21-0.670.20.420.25-0.670.670.130.21-0.17-0.32-0.090.04-0.070.22-0.6
-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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.