WW Stock | | | USD 1.01 0.06 6.32% |
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 Total Current Assets and its Total Current Liabilities 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.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WW International Total Current Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WW International's Total Current Assets and Total Current Liabilities is 0.49. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities 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 Total Current Assets and Total Current Liabilities 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 Current Assets of WW International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., WW International's Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Total Current Liabilities
Total Current Liabilities is an item on WW International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of WW International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.
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
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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.