Wheeler Accounts Payable vs Total Permanent Equity Analysis
WHLR Stock | USD 5.31 0.06 1.14% |
Wheeler Real financial indicator trend analysis is more than just analyzing Wheeler Real Estate current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wheeler Real Estate is a good investment. Please check the relationship between Wheeler Real Accounts Payable and its Total Permanent Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheeler Real Estate. 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 economic analysis.
Accounts Payable vs Total Permanent Equity
Accounts Payable vs Total Permanent Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheeler Real Estate Accounts Payable account and Total Permanent Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wheeler Real's Accounts Payable and Total Permanent Equity is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of Wheeler Real Estate, assuming nothing else is changed. The correlation between historical values of Wheeler Real's Accounts Payable and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Wheeler Real Estate are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Accounts Payable i.e., Wheeler Real's Accounts Payable and Total Permanent Equity go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Wheeler Real obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Wheeler Real Estate are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Permanent Equity
Most indicators from Wheeler Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wheeler Real Estate 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 Wheeler Real Estate. 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 economic analysis. As of 12/11/2024, Selling General Administrative is likely to drop to about 6.6 M. In addition to that, Discontinued Operations is likely to grow to about (2.6 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 33.0M | 30.1M | 32.3M | 33.9M | Depreciation And Amortization | 38.0M | 56.6M | 28.5M | 14.8M |
Wheeler Real fundamental ratios Correlations
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Wheeler Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wheeler Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 484.4M | 489.4M | 465.3M | 684.5M | 668.3M | 369.2M | |
Short Long Term Debt Total | 403.6M | 347.5M | 346.3M | 482.5M | 487.9M | 299.7M | |
Other Current Liab | 2.0M | 13.7M | 3.4M | 7.1M | (13.3M) | (12.7M) | |
Total Current Liabilities | 11.6M | 24.4M | 14.4M | 18.4M | 28.8M | 30.2M | |
Total Stockholder Equity | 23.9M | 14.9M | 1.9M | (15.2M) | 75.4M | 40.4M | |
Property Plant And Equipment Net | 11.7M | 12.7M | 12.5M | 15.1M | 9.5M | 9.0M | |
Net Debt | 347.4M | 339.8M | 323.4M | 454.0M | 487.3M | 251.6M | |
Retained Earnings | (251.6M) | (260.9M) | (274.1M) | (295.6M) | (324.9M) | (308.6M) | |
Accounts Payable | 9.6M | 11.2M | 11.1M | 18.4M | 17.1M | 8.7M | |
Cash | 5.5M | 7.7M | 22.9M | 28.5M | 18.4M | 19.3M | |
Non Current Assets Total | 454.1M | 424.4M | 413.6M | 615.1M | 613.2M | 340.2M | |
Non Currrent Assets Other | 437.2M | 408.1M | 398.7M | 596.9M | 572.9M | 601.5M | |
Cash And Short Term Investments | 5.5M | 7.7M | 22.9M | 28.5M | 18.4M | 19.3M | |
Net Receivables | 6.9M | 9.2M | 9.2M | 13.5M | 13.1M | 7.6M | |
Common Stock Shares Outstanding | 967.2K | 969.8K | 971.2K | 976.1K | 17.8K | 16.9K | |
Liabilities And Stockholders Equity | 484.4M | 489.4M | 465.3M | 684.5M | 668.3M | 369.2M | |
Non Current Liabilities Total | 446.8M | 448.2M | 447.0M | 615.1M | 497.7M | 303.0M | |
Other Stockholder Equity | 233.9M | 234.1M | 141.7M | 235.0M | 257.6M | 156.7M | |
Total Liab | 458.4M | 472.5M | 461.5M | 633.5M | 526.8M | 314.6M | |
Total Current Assets | 30.2M | 65.0M | 51.7M | 69.4M | 55.2M | 29.0M | |
Common Stock | 87K | 95K | 97K | 98K | 538K | 968.6K | |
Other Liab | 6.7M | 5.1M | 8.2M | 24.0M | 27.6M | 28.9M | |
Other Assets | 1.7M | 1.9M | 61.3M | (104.5M) | 614.6M | 645.3M | |
Long Term Debt | 340.9M | 334.3M | 333.3M | 466.0M | 477.6M | 266.3M | |
Intangible Assets | 5.2M | 3.5M | 2.4M | 3.1M | 20.2M | 19.2M | |
Preferred Stock Total Equity | 94.6M | 41.5M | 41.5M | 41.6M | 47.9M | 42.7M | |
Noncontrolling Interest In Consolidated Entity | 7.1M | 2.2M | 2.1M | 1.9M | 1.7M | 1.7M | |
Retained Earnings Total Equity | (204.9M) | (233.2M) | (251.6M) | (260.9M) | (234.8M) | (223.0M) | |
Inventory | 46.4M | (1.0) | 69.2M | 1.0 | 1.15 | 1.09 | |
Deferred Long Term Liab | 1.1M | 1.4M | 12.0M | 7.6M | 8.7M | 9.1M | |
Property Plant Equipment | 416.2M | 405.4M | 399.2M | 576.1M | 662.5M | 349.6M | |
Net Tangible Assets | 69.6M | (43.7M) | (42.2M) | (90.5M) | (81.5M) | (77.4M) | |
Long Term Debt Total | 308.1M | 360.1M | 340.9M | 334.3M | 384.4M | 285.3M | |
Capital Surpluse | 227.0M | 233.7M | 233.9M | 234.1M | 269.2M | 196.8M |
Pair Trading with Wheeler Real
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheeler Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheeler Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Wheeler Stock
Moving against Wheeler Stock
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0.83 | AKR | Acadia Realty Trust | PairCorr |
0.78 | EQIX | Equinix | PairCorr |
0.75 | UE | Urban Edge Properties | PairCorr |
0.65 | AAT | American Assets Trust | PairCorr |
The ability to find closely correlated positions to Wheeler Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheeler Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheeler Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheeler Real Estate to buy it.
The correlation of Wheeler Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheeler Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheeler Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wheeler Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Wheeler Stock Analysis
When running Wheeler Real's price analysis, check to measure Wheeler Real's 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 Wheeler Real is operating at the current time. Most of Wheeler Real's value examination focuses on studying past and present price action to predict the probability of Wheeler Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheeler Real's price. Additionally, you may evaluate how the addition of Wheeler Real to your portfolios can decrease your overall portfolio volatility.