Welsbach Cash vs Current Deferred Revenue Analysis
| WTMAU Stock | USD 11.27 0.00 0.00% |
Welsbach Technology financial indicator trend analysis is more than just analyzing Welsbach Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welsbach Technology is a good investment. Please check the relationship between Welsbach Technology Cash and its Current Deferred Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welsbach Technology Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welsbach Technology Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Welsbach Technology's Cash and Current Deferred Revenue is -0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Welsbach Technology Metals, assuming nothing else is changed. The correlation between historical values of Welsbach Technology's Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Welsbach Technology Metals are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Welsbach Technology's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Welsbach Technology, which is listed under current asset account on Welsbach Technology Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Welsbach Technology customers. The amounts must be unrestricted with restricted cash listed in a different Welsbach Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Welsbach Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welsbach Technology 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 Welsbach Technology Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Selling General Administrative is likely to drop to about 1.9 M in 2024. Tax Provision is likely to drop to about 123.5 K in 2024
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 1.1M | 2.5M | 2.0M | Tax Provision | 180.7K | 128.1K | 123.5K |
Welsbach Technology fundamental ratios Correlations
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Welsbach Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Welsbach Stock Analysis
When running Welsbach Technology's price analysis, check to measure Welsbach Technology'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 Welsbach Technology is operating at the current time. Most of Welsbach Technology's value examination focuses on studying past and present price action to predict the probability of Welsbach Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welsbach Technology's price. Additionally, you may evaluate how the addition of Welsbach Technology to your portfolios can decrease your overall portfolio volatility.