688122 Stock | | | 45.89 1.42 3.19% |
Western Superconducting financial indicator trend analysis is more than just analyzing Western Superconducting current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Superconducting is a good investment. Please check the relationship between Western Superconducting Total Assets and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Superconducting Tech. 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.
Total Assets vs Deferred Long Term Liab
Total Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Western Superconducting Total Assets account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Western Superconducting's Total Assets and Deferred Long Term Liab is -0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Western Superconducting Tech, assuming nothing else is changed. The correlation between historical values of Western Superconducting's Total Assets and Deferred Long Term Liab 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 Assets of Western Superconducting Tech are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Assets i.e., Western Superconducting's Total Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Western Superconducting 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 Western Superconducting 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.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Western Superconducting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Superconducting 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Superconducting Tech. 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.
As of December 12, 2024,
Tax Provision is expected to decline to about 65.1
M. In addition to that,
Selling General Administrative is expected to decline to about 56.1
MWestern Superconducting fundamental ratios Correlations
Click cells to compare fundamentals
Western Superconducting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Superconducting fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Western Stock
Balance Sheet is a snapshot of the
financial position of Western Superconducting at a specified time, usually calculated after every quarter, six months, or one year. Western Superconducting Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Superconducting and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Western currently owns. An asset can also be divided into two categories, current and non-current.