Western Selling General Administrative vs Interest Income Analysis
| WAVS Stock | USD 10.89 0.14 1.30% |
Western Acquisition financial indicator trend analysis is more than just analyzing Western Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Acquisition is a good investment. Please check the relationship between Western Acquisition Selling General Administrative and its Interest Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Selling General Administrative vs Interest Income
Selling General Administrative vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Acquisition Selling General Administrative account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Western Acquisition's Selling General Administrative and Interest Income is -0.55. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Income in the same time period over historical financial statements of Western Acquisition Ventures, assuming nothing else is changed. The correlation between historical values of Western Acquisition's Selling General Administrative and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Western Acquisition Ventures are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling General Administrative i.e., Western Acquisition's Selling General Administrative and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Selling General Administrative
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Western Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Acquisition 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 Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Selling General Administrative is likely to gain to about 1.1 M in 2024, whereas Tax Provision is likely to drop slightly above 191.1 K in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 1.6M | 1.3M | 1.1M | Tax Provision | 250.7K | 227.0K | 191.1K |
Western Acquisition fundamental ratios Correlations
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Western Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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