| WW Stock | | | USD 1.04 0.03 2.97% |
WW International financial indicator trend analysis is more than just analyzing WW International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WW International is a good investment. Please check the relationship between WW International Other Operating Expenses and its Gross Profit accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WW International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy WW International Stock please use our
How to Invest in WW International guide.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WW International Other Operating Expenses account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WW International's Other Operating Expenses and Gross Profit is 0.95. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of WW International, assuming nothing else is changed. The correlation between historical values of WW International's Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of WW International are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., WW International's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of WW International. It is also known as WW International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of WW International minus its cost of goods sold. It is profit before WW International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from WW International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WW International 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 WW International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy WW International Stock please use our
How to Invest in WW International guide.At this time, WW International's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 16.94 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 726.4M | 622.4M | 550.4M | 738.8M | Total Revenue | 1.2B | 1.0B | 889.6M | 1.3B |
WW International fundamental ratios Correlations
Click cells to compare fundamentals
WW International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WW International fundamental ratios Accounts
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 WW International Stock Analysis
When running WW International's price analysis, check to
measure WW International'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 WW International is operating at the current time. Most of WW International's value examination focuses on studying past and present price action to
predict the probability of WW International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WW International's price. Additionally, you may evaluate how the addition of WW International to your portfolios can decrease your overall portfolio volatility.