Welsbach Common Stock Shares Outstanding vs Total Assets 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 Common Stock Shares Outstanding and its Total Assets 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.
Common Stock Shares Outstanding vs Total Assets
Common Stock Shares Outstanding vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welsbach Technology Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Welsbach Technology's Common Stock Shares Outstanding and Total Assets is 0.99. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets 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 Common Stock Shares Outstanding and Total 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 Common Stock Shares Outstanding of Welsbach Technology Metals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Welsbach Technology's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Welsbach Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Welsbach Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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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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.