| 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 Cost Of Revenue and its Income Before Tax 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.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wishpond Technologies Cost Of Revenue account and
Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wishpond Technologies' Cost Of Revenue and Income Before Tax is -0.63. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax 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' Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Wishpond Technologies are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Wishpond Technologies' Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Wishpond Technologies income statement and represents the costs associated with goods and services Wishpond Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Wishpond Technologies income statement and is an important metric when analyzing Wishpond Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.
Wishpond Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Wishpond Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wishpond Technologies fundamental ratios Accounts
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Additional Tools for Wishpond Stock Analysis
When running Wishpond Technologies' price analysis, check to
measure Wishpond Technologies' 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 Wishpond Technologies is operating at the current time. Most of Wishpond Technologies' value examination focuses on studying past and present price action to
predict the probability of Wishpond Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wishpond Technologies' price. Additionally, you may evaluate how the addition of Wishpond Technologies to your portfolios can decrease your overall portfolio volatility.