| 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 Net Debt and its Cash And Short Term Investments 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.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wise plc Net Debt account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wise Plc's Net Debt and Cash And Short Term Investments is -0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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 Net Debt and Cash And Short Term Investments 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 Debt of Wise plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Wise Plc's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Wise plc balance sheet. This account contains Wise Plc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Wise plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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
When running Wise Plc's price analysis, check to
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.