European Short Term Debt vs Treasury Stock Analysis
EWCZ Stock | USD 5.93 0.04 0.68% |
European Wax financial indicator trend analysis is much more than just examining European Wax Center latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Wax Center is a good investment. Please check the relationship between European Wax Short Term Debt and its Treasury Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Short Term Debt vs Treasury Stock
Short Term Debt vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Short Term Debt account and Treasury Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between European Wax's Short Term Debt and Treasury Stock is 0.62. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of European Wax Center, assuming nothing else is changed. The correlation between historical values of European Wax's Short Term Debt and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of European Wax Center are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Short Term Debt i.e., European Wax's Short Term Debt and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Treasury Stock
Most indicators from European Wax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Wax Center 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, European Wax's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (46.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 20.3M | 23.6M | 26.7M | 23.0M | Depreciation And Amortization | 20.3M | 20.2M | 20.2M | 21.1M |
European Wax fundamental ratios Correlations
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European Wax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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