Weave Net Borrowings vs Depreciation Analysis

WEAV Stock  USD 15.43  0.13  0.84%   
Weave Communications financial indicator trend analysis is more than just analyzing Weave Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weave Communications is a good investment. Please check the relationship between Weave Communications Net Borrowings and its Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weave Communications. 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.
For more information on how to buy Weave Stock please use our How to Invest in Weave Communications guide.

Net Borrowings vs Depreciation

Net Borrowings vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weave Communications Net Borrowings account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Weave Communications' Net Borrowings and Depreciation is -0.7. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Depreciation in the same time period over historical financial statements of Weave Communications, assuming nothing else is changed. The correlation between historical values of Weave Communications' Net Borrowings and Depreciation 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 Borrowings of Weave Communications are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Borrowings i.e., Weave Communications' Net Borrowings and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Depreciation

Depreciation indicates how much of Weave Communications value has been used up. For tax purposes Weave Communications can deduct the cost of the tangible assets it purchases as business expenses. However, Weave Communications must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Weave Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weave Communications 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 Weave Communications. 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.
For more information on how to buy Weave Stock please use our How to Invest in Weave Communications guide.At this time, Weave Communications' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M1.4M1.9M1.4M
Depreciation And Amortization21.6M27.8M15.8M19.3M

Weave Communications fundamental ratios Correlations

0.9-0.960.940.780.970.980.90.930.56-0.910.86-0.020.91-0.330.940.960.910.950.610.920.860.340.910.990.94
0.9-0.840.950.440.840.811.00.90.82-0.880.78-0.420.990.090.890.850.640.90.60.990.990.690.840.880.98
-0.96-0.84-0.87-0.81-0.91-0.94-0.82-0.85-0.450.83-0.71-0.12-0.830.42-0.83-0.9-0.91-0.87-0.5-0.85-0.77-0.19-0.86-0.93-0.87
0.940.95-0.870.530.940.910.960.990.74-0.960.92-0.290.97-0.10.980.920.730.990.670.960.930.550.970.960.99
0.780.44-0.810.530.730.820.440.55-0.04-0.540.530.570.45-0.780.580.740.970.60.330.490.37-0.290.570.730.52
0.970.84-0.910.940.730.990.860.950.59-0.970.92-0.060.87-0.320.940.910.870.970.760.870.810.30.930.970.92
0.980.81-0.940.910.820.990.820.920.49-0.920.880.060.83-0.430.920.920.930.940.690.840.770.20.910.970.88
0.91.0-0.820.960.440.860.820.920.82-0.90.83-0.431.00.090.910.870.640.920.621.01.00.70.860.890.99
0.930.9-0.850.990.550.950.920.920.69-0.960.96-0.240.93-0.170.990.930.741.00.670.930.890.50.980.970.97
0.560.82-0.450.74-0.040.590.490.820.69-0.750.62-0.830.820.570.650.460.190.680.740.790.860.880.590.540.77
-0.91-0.880.83-0.96-0.54-0.97-0.92-0.9-0.96-0.75-0.930.29-0.910.1-0.95-0.84-0.72-0.98-0.83-0.9-0.87-0.47-0.93-0.92-0.94
0.860.78-0.710.920.530.920.880.830.960.62-0.93-0.220.84-0.190.970.890.70.950.710.830.80.450.920.910.88
-0.02-0.42-0.12-0.290.57-0.060.06-0.43-0.24-0.830.29-0.22-0.41-0.91-0.210.030.38-0.21-0.42-0.38-0.5-0.9-0.13-0.03-0.34
0.910.99-0.830.970.450.870.831.00.930.82-0.910.84-0.410.070.930.880.650.930.631.00.990.690.870.90.99
-0.330.090.42-0.1-0.78-0.32-0.430.09-0.170.570.1-0.19-0.910.07-0.2-0.39-0.67-0.20.130.040.170.72-0.27-0.36-0.03
0.940.89-0.830.980.580.940.920.910.990.65-0.950.97-0.210.93-0.20.950.760.990.640.920.880.490.970.970.96
0.960.85-0.90.920.740.910.920.870.930.46-0.840.890.030.88-0.390.950.870.930.450.890.830.340.910.980.91
0.910.64-0.910.730.970.870.930.640.740.19-0.720.70.380.65-0.670.760.870.780.460.680.58-0.070.750.880.71
0.950.9-0.870.990.60.970.940.921.00.68-0.980.95-0.210.93-0.20.990.930.780.710.930.880.460.980.970.97
0.610.6-0.50.670.330.760.690.620.670.74-0.830.71-0.420.630.130.640.450.460.710.620.610.380.60.580.65
0.920.99-0.850.960.490.870.841.00.930.79-0.90.83-0.381.00.040.920.890.680.930.620.990.670.860.910.99
0.860.99-0.770.930.370.810.771.00.890.86-0.870.8-0.50.990.170.880.830.580.880.610.990.760.820.850.97
0.340.69-0.190.55-0.290.30.20.70.50.88-0.470.45-0.90.690.720.490.34-0.070.460.380.670.760.380.340.62
0.910.84-0.860.970.570.930.910.860.980.59-0.930.92-0.130.87-0.270.970.910.750.980.60.860.820.380.960.92
0.990.88-0.930.960.730.970.970.890.970.54-0.920.91-0.030.9-0.360.970.980.880.970.580.910.850.340.960.94
0.940.98-0.870.990.520.920.880.990.970.77-0.940.88-0.340.99-0.030.960.910.710.970.650.990.970.620.920.94
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Weave Communications Account Relationship Matchups

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Additional Tools for Weave Stock Analysis

When running Weave Communications' price analysis, check to measure Weave Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Weave Communications is operating at the current time. Most of Weave Communications' value examination focuses on studying past and present price action to predict the probability of Weave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weave Communications' price. Additionally, you may evaluate how the addition of Weave Communications to your portfolios can decrease your overall portfolio volatility.