Wishpond Cash vs Non Currrent Assets Other Analysis

WISH Stock  CAD 0.26  0.02  7.14%   
Wishpond Technologies financial indicator trend analysis is more than just analyzing Wishpond Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wishpond Technologies is a good investment. Please check the relationship between Wishpond Technologies Cash and its Non Currrent Assets Other accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wishpond Technologies Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wishpond Technologies' Cash and Non Currrent Assets Other is -0.29. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Wishpond Technologies, assuming nothing else is changed. The correlation between historical values of Wishpond Technologies' Cash and Non Currrent Assets Other 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 Wishpond Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Wishpond Technologies' Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Wishpond Technologies, which is listed under current asset account on Wishpond Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wishpond Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Wishpond Technologies 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.

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.
Most indicators from Wishpond Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wishpond Technologies 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 Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Wishpond Technologies' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 25.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.0M13.6M15.2M10.5M
Total Revenue14.8M20.5M23.1M15.9M

Wishpond Technologies fundamental ratios Correlations

0.290.330.020.030.86-0.40.160.810.08-0.210.270.25-0.170.410.8-0.010.160.41-0.10.38-0.150.190.18-0.32-0.27
0.29-0.710.62-0.590.650.65-0.37-0.27-0.660.56-0.5-0.550.590.75-0.29-0.430.530.75-0.580.920.560.96-0.52-0.690.67
0.33-0.71-0.840.87-0.18-0.990.780.80.9-0.920.910.93-0.91-0.480.810.73-0.72-0.480.75-0.68-0.88-0.830.880.62-0.99
0.020.62-0.84-0.940.450.79-0.92-0.44-0.990.95-0.95-0.950.980.69-0.43-0.960.960.69-0.980.630.980.74-0.97-0.830.91
0.03-0.590.87-0.94-0.44-0.850.930.540.93-0.940.940.96-0.94-0.470.530.94-0.94-0.470.88-0.7-0.94-0.760.960.71-0.92
0.860.65-0.180.45-0.440.11-0.240.4-0.370.25-0.2-0.230.290.60.39-0.410.540.6-0.480.770.30.62-0.28-0.580.23
-0.40.65-0.990.79-0.850.11-0.76-0.85-0.870.91-0.89-0.910.880.4-0.86-0.70.680.4-0.70.650.850.79-0.86-0.540.97
0.16-0.370.78-0.920.93-0.24-0.760.520.89-0.890.940.94-0.92-0.380.510.97-0.94-0.380.87-0.44-0.93-0.540.960.73-0.85
0.81-0.270.8-0.440.540.4-0.850.520.55-0.660.680.69-0.610.031.00.38-0.30.030.33-0.23-0.57-0.410.610.11-0.75
0.08-0.660.9-0.990.93-0.37-0.870.890.55-0.970.970.97-0.99-0.680.550.92-0.92-0.680.96-0.64-0.99-0.780.970.8-0.96
-0.210.56-0.920.95-0.940.250.91-0.89-0.66-0.97-0.97-0.970.980.56-0.65-0.890.870.56-0.90.60.970.74-0.96-0.70.97
0.27-0.50.91-0.950.94-0.2-0.890.940.680.97-0.971.0-0.99-0.470.670.93-0.89-0.470.9-0.51-0.99-0.660.990.66-0.96
0.25-0.550.93-0.950.96-0.23-0.910.940.690.97-0.971.0-0.99-0.470.680.92-0.89-0.470.89-0.57-0.98-0.70.990.67-0.97
-0.170.59-0.910.98-0.940.290.88-0.92-0.61-0.990.98-0.99-0.990.59-0.6-0.930.910.59-0.950.581.00.73-0.99-0.740.97
0.410.75-0.480.69-0.470.60.4-0.380.03-0.680.56-0.47-0.470.590.01-0.50.591.0-0.730.60.60.71-0.5-0.820.54
0.8-0.290.81-0.430.530.39-0.860.511.00.55-0.650.670.68-0.60.010.37-0.290.010.32-0.25-0.56-0.430.60.12-0.75
-0.01-0.430.73-0.960.94-0.41-0.70.970.380.92-0.890.930.92-0.93-0.50.37-0.99-0.50.95-0.49-0.95-0.570.960.74-0.83
0.160.53-0.720.96-0.940.540.68-0.94-0.3-0.920.87-0.89-0.890.910.59-0.29-0.990.59-0.950.60.930.66-0.94-0.810.82
0.410.75-0.480.69-0.470.60.4-0.380.03-0.680.56-0.47-0.470.591.00.01-0.50.59-0.730.60.60.71-0.5-0.820.54
-0.1-0.580.75-0.980.88-0.48-0.70.870.330.96-0.90.90.89-0.95-0.730.320.95-0.95-0.73-0.57-0.96-0.680.930.81-0.85
0.380.92-0.680.63-0.70.770.65-0.44-0.23-0.640.6-0.51-0.570.580.6-0.25-0.490.60.6-0.570.550.95-0.55-0.640.66
-0.150.56-0.880.98-0.940.30.85-0.93-0.57-0.990.97-0.99-0.981.00.6-0.56-0.950.930.6-0.960.550.69-0.99-0.740.95
0.190.96-0.830.74-0.760.620.79-0.54-0.41-0.780.74-0.66-0.70.730.71-0.43-0.570.660.71-0.680.950.69-0.67-0.730.81
0.18-0.520.88-0.970.96-0.28-0.860.960.610.97-0.960.990.99-0.99-0.50.60.96-0.94-0.50.93-0.55-0.99-0.670.71-0.95
-0.32-0.690.62-0.830.71-0.58-0.540.730.110.8-0.70.660.67-0.74-0.820.120.74-0.81-0.820.81-0.64-0.74-0.730.71-0.68
-0.270.67-0.990.91-0.920.230.97-0.85-0.75-0.960.97-0.96-0.970.970.54-0.75-0.830.820.54-0.850.660.950.81-0.95-0.68
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Wishpond Technologies Account Relationship Matchups

Wishpond Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.4M4.0M5.8M977.8K99.4K94.4K
Total Current Liabilities6.6M5.0M6.6M5.7M5.2M4.7M
Retained Earnings(5.2M)(7.4M)(12.4M)(14.4M)(16.3M)(15.5M)
Accounts Payable209.7K534.6K609.8K1.1M998.0K654.1K
Other Assets825.0K958.3K1.6M146.9K132.2K125.6K
Net Receivables493.7K30.6K169.7K178.3K206.7K212.8K
Total Current Assets765.3K7.9M7.2M3.5M1.8M1.7M
Common Stock2.6K11.1M19.3M20.9M24.1M25.3M

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