Walkme Good Will vs Net Receivables Analysis
| WKME Stock | USD 8.39 0.07 0.84% |
Walkme financial indicator trend analysis is more than just analyzing Walkme current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walkme is a good investment. Please check the relationship between Walkme Good Will and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walkme. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Walkme Stock refer to our How to Trade Walkme Stock guide.
Good Will vs Net Receivables
Good Will vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walkme Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Walkme's Good Will and Net Receivables is -0.56. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Walkme, assuming nothing else is changed. The correlation between historical values of Walkme's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Walkme are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Walkme's Good Will and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.56 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Receivables
Most indicators from Walkme's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walkme 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 Walkme. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Walkme Stock refer to our How to Trade Walkme Stock guide.At present, Walkme's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.5M | 5.3M | 6.1M | 7.1M | Depreciation And Amortization | 4.8M | 7.9M | 6.2M | 5.9M |
Walkme fundamental ratios Correlations
Click cells to compare fundamentals
Walkme Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Walkme is a strong investment it is important to analyze Walkme's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Walkme's future performance. For an informed investment choice regarding Walkme Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walkme. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Walkme Stock refer to our How to Trade Walkme Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Walkme's price analysis, check to measure Walkme'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 Walkme is operating at the current time. Most of Walkme's value examination focuses on studying past and present price action to predict the probability of Walkme's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walkme's price. Additionally, you may evaluate how the addition of Walkme to your portfolios can decrease your overall portfolio volatility.
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Is Walkme's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walkme. If investors know Walkme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walkme listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 3.002 | Quarterly Revenue Growth 0.047 | Return On Assets (0.09) | Return On Equity (0.21) |
The market value of Walkme is measured differently than its book value, which is the value of Walkme that is recorded on the company's balance sheet. Investors also form their own opinion of Walkme's value that differs from its market value or its book value, called intrinsic value, which is Walkme's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walkme's market value can be influenced by many factors that don't directly affect Walkme's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Walkme's value and its price as these two are different measures arrived at by different means. Investors typically determine if Walkme is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walkme's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.