WISE Stock | | | 937.00 1.00 0.11% |
Wise Plc financial indicator trend analysis is more than just analyzing Wise plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wise plc is a good investment. Please check the relationship between Wise Plc Cash and its Current Deferred Revenue accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wise plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wise plc Cash account and
Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wise Plc's Cash and Current Deferred Revenue is 0.55. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Wise plc, assuming nothing else is changed. The correlation between historical values of Wise Plc's Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Wise plc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Wise Plc's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Wise plc, which is listed under current asset account on Wise plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wise Plc customers. The amounts must be unrestricted with restricted cash listed in a different Wise Plc account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Wise Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wise plc 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 Wise plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 233.5
M in 2024.
Tax Provision is likely to gain to about 133.1
M in 2024
Wise Plc fundamental ratios Correlations
Click cells to compare fundamentals
Wise Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wise Plc fundamental ratios Accounts
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Additional Tools for Wise Stock Analysis
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measure Wise Plc'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 Wise Plc is operating at the current time. Most of Wise Plc's value examination focuses on studying past and present price action to
predict the probability of Wise Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wise Plc's price. Additionally, you may evaluate how the addition of Wise Plc to your portfolios can decrease your overall portfolio volatility.