Wishpond Other Assets vs Long Term Debt 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 Other Assets and its Long Term Debt 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.

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wishpond Technologies Other Assets account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wishpond Technologies' Other Assets and Long Term Debt is 0.6. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt 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' Other Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Wishpond Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Wishpond Technologies' Other Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Long Term Debt

Long-term debt is a debt that Wishpond Technologies has held for over one year. Long-term debt appears on Wishpond Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Wishpond Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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Additional Tools for Wishpond Stock Analysis

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