| WAFU Stock | | | USD 1.61 0.01 0.62% |
Wah Fu financial indicator trend analysis is more than just analyzing Wah Fu Education current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wah Fu Education is a good investment. Please check the relationship between Wah Fu Net Debt and its Non Currrent Assets Other accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Net Debt vs Non Currrent Assets Other
Net Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wah Fu Education Net Debt account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Wah Fu's Net Debt and Non Currrent Assets Other is 0.24. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Wah Fu Education, assuming nothing else is changed. The correlation between historical values of Wah Fu's Net Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Wah Fu Education are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., Wah Fu's Net Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Wah Fu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wah Fu Education 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 Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Wah Fu's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 2.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.23 in 2024.
Wah Fu fundamental ratios Correlations
Click cells to compare fundamentals
Wah Fu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wah Fu fundamental ratios Accounts
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