WTW Stock | | | USD 316.65 4.21 1.31% |
Willis Towers financial indicator trend analysis is more than just analyzing Willis Towers Watson current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Willis Towers Watson is a good investment. Please check the relationship between Willis Towers Intangible Assets and its Total Current Liabilities accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willis Towers Watson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Intangible Assets vs Total Current Liabilities
Intangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Willis Towers Watson Intangible Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Willis Towers' Intangible Assets and Total Current Liabilities is -0.26. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Willis Towers Watson, assuming nothing else is changed. The correlation between historical values of Willis Towers' Intangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Willis Towers Watson are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., Willis Towers' Intangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Total Current Liabilities
Total Current Liabilities is an item on Willis Towers balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Willis Towers Watson are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Willis Towers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Willis Towers Watson 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 Willis Towers Watson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Willis Towers'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 304.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Willis Towers fundamental ratios Correlations
Click cells to compare fundamentals
Willis Towers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Willis Towers fundamental ratios Accounts
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measure Willis Towers' 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 Willis Towers is operating at the current time. Most of Willis Towers' value examination focuses on studying past and present price action to
predict the probability of Willis Towers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Willis Towers' price. Additionally, you may evaluate how the addition of Willis Towers to your portfolios can decrease your overall portfolio volatility.