Wallbox Non Currrent Assets Other vs Retained Earnings Analysis

WBX Stock  USD 0.66  0.04  6.45%   
Wallbox NV financial indicator trend analysis is more than just analyzing Wallbox NV current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wallbox NV is a good investment. Please check the relationship between Wallbox NV Non Currrent Assets Other and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbox NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Wallbox Stock please use our How to Invest in Wallbox NV guide.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wallbox NV Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wallbox NV's Non Currrent Assets Other and Retained Earnings is -0.3. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Wallbox NV, assuming nothing else is changed. The correlation between historical values of Wallbox NV's Non Currrent Assets Other and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Wallbox NV are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Wallbox NV's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Wallbox NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wallbox NV 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 Wallbox NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Wallbox Stock please use our How to Invest in Wallbox NV guide.Sales General And Administrative To Revenue is likely to rise to 0.75 in 2024, whereas Tax Provision is likely to drop (738.1 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.6M5.0M16.5M17.3M
Depreciation And Amortization10.0M19.9M28.4M29.9M

Wallbox NV fundamental ratios Correlations

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0.450.280.050.440.540.250.380.050.23-0.30.70.320.440.80.260.230.40.04-0.040.290.180.350.660.880.42
0.410.060.510.450.510.410.27-0.12-0.18-0.160.660.430.280.80.140.440.4-0.480.440.42-0.020.310.440.770.34
0.850.880.170.790.770.870.790.810.8-0.840.680.760.920.260.140.640.840.620.140.90.90.780.830.460.86
0.890.690.840.930.90.790.870.720.33-0.830.830.980.780.230.440.640.92-0.030.820.810.670.910.690.630.87
1.00.870.590.990.980.840.960.830.61-0.940.910.980.960.40.40.840.920.30.540.880.840.970.90.720.99
0.340.67-0.540.250.250.210.410.630.9-0.520.150.140.540.04-0.480.62-0.030.3-0.550.240.680.340.50.060.4
0.490.171.00.570.530.460.450.27-0.25-0.370.480.690.29-0.040.440.140.820.54-0.550.460.160.520.190.320.45
0.860.770.50.840.821.00.780.70.55-0.790.770.860.830.290.420.90.810.880.240.460.790.810.750.550.82
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0.960.920.560.970.960.791.00.90.68-0.980.90.960.910.350.310.780.910.970.340.520.810.890.870.720.95
0.930.860.260.90.930.70.890.740.74-0.880.920.810.960.660.440.830.690.90.50.190.750.810.870.830.94
0.750.580.40.770.830.510.730.420.39-0.650.940.690.680.880.770.460.630.720.060.320.550.490.720.830.72
0.990.880.490.980.970.770.950.840.67-0.950.90.950.980.420.340.860.870.990.40.450.820.850.950.940.72
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Wallbox NV Account Relationship Matchups

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