WTC Stock | | | 128.10 2.25 1.79% |
WiseTech Global financial indicator trend analysis is more than just analyzing WiseTech Global current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WiseTech Global is a good investment. Please check the relationship between WiseTech Global Total Revenue and its Short Term Debt accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiseTech Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Revenue vs Short Term Debt
Total Revenue vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WiseTech Global Total Revenue account and
Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between WiseTech Global's Total Revenue and Short Term Debt is 0.38. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of WiseTech Global Limited, assuming nothing else is changed. The correlation between historical values of WiseTech Global's Total Revenue and Short Term Debt 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 WiseTech Global Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Revenue i.e., WiseTech Global's Total Revenue and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts WiseTech Global 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.
Short Term Debt
Most indicators from WiseTech Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WiseTech Global 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 WiseTech Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, WiseTech Global's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 107.2
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 1.2
M in 2024.
WiseTech Global fundamental ratios Correlations
Click cells to compare fundamentals
WiseTech Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WiseTech Global fundamental ratios Accounts
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Additional Tools for WiseTech Stock Analysis
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