Wah Current Deferred Revenue vs Net Working Capital Analysis

WAFU Stock  USD 1.87  0.02  1.06%   
Wah Fu financial indicator trend analysis is more than just analyzing Wah Fu Education current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wah Fu Education is a good investment. Please check the relationship between Wah Fu Current Deferred Revenue and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Current Deferred Revenue vs Net Working Capital

Current Deferred Revenue vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wah Fu Education Current Deferred Revenue account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wah Fu's Current Deferred Revenue and Net Working Capital is 0.7. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Wah Fu Education, assuming nothing else is changed. The correlation between historical values of Wah Fu's Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Wah Fu Education are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Wah Fu's Current Deferred Revenue and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Working Capital

Most indicators from Wah Fu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wah Fu Education 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 Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Wah Fu's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.5M5.7M6.5M4.4M
Total Revenue11.5M10.7M12.3M8.2M

Wah Fu fundamental ratios Correlations

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0.970.930.960.960.830.85-0.84-0.140.780.890.850.010.930.890.93-0.81-0.350.880.210.850.94-0.470.96-0.320.9
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0.990.960.911.00.770.82-0.88-0.210.850.950.78-0.050.90.950.9-0.87-0.40.810.090.90.92-0.560.99-0.190.96
0.990.960.921.00.790.84-0.87-0.210.830.940.79-0.030.910.940.91-0.85-0.360.810.110.90.93-0.560.99-0.20.96
0.790.830.790.770.790.72-0.6-0.370.630.620.980.340.910.620.86-0.79-0.270.890.380.80.81-0.430.73-0.310.81
0.90.850.980.820.840.72-0.88-0.380.620.870.74-0.030.750.870.78-0.76-0.220.770.030.830.98-0.580.89-0.150.84
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-0.25-0.14-0.32-0.21-0.21-0.37-0.380.37-0.43-0.27-0.280.09-0.1-0.27-0.120.60.44-0.440.37-0.56-0.340.76-0.24-0.46-0.45
0.820.780.710.850.830.630.62-0.86-0.430.820.61-0.180.690.820.69-0.94-0.740.79-0.120.920.73-0.680.83-0.030.87
0.960.890.920.950.940.620.87-0.94-0.270.820.61-0.20.741.00.75-0.81-0.340.73-0.150.870.92-0.660.98-0.020.93
0.80.850.80.780.790.980.74-0.61-0.280.610.610.420.940.610.9-0.77-0.280.890.430.780.81-0.320.74-0.460.79
-0.040.01-0.02-0.05-0.030.34-0.030.240.09-0.18-0.20.420.27-0.20.140.020.190.170.31-0.03-0.010.49-0.11-0.68-0.01
0.90.930.840.90.910.910.75-0.7-0.10.690.740.940.270.740.97-0.78-0.290.830.430.810.85-0.310.86-0.460.85
0.960.890.920.950.940.620.87-0.94-0.270.821.00.61-0.20.740.75-0.81-0.340.73-0.150.870.92-0.660.98-0.020.93
0.90.930.850.90.910.860.78-0.72-0.120.690.750.90.140.970.75-0.78-0.320.830.40.810.86-0.370.87-0.410.84
-0.86-0.81-0.82-0.87-0.85-0.79-0.760.860.6-0.94-0.81-0.770.02-0.78-0.81-0.780.69-0.870.01-0.98-0.830.7-0.850.08-0.93
-0.36-0.35-0.27-0.4-0.36-0.27-0.220.480.44-0.74-0.34-0.280.19-0.29-0.34-0.320.69-0.490.07-0.57-0.280.35-0.360.09-0.44
0.840.880.840.810.810.890.77-0.76-0.440.790.730.890.170.830.730.83-0.87-0.490.070.880.85-0.550.8-0.30.85
0.070.210.070.090.110.380.030.130.37-0.12-0.150.430.310.43-0.150.40.010.070.07-0.040.070.410.01-0.49-0.04
0.910.850.880.90.90.80.83-0.91-0.560.920.870.78-0.030.810.870.81-0.98-0.570.88-0.040.89-0.740.9-0.060.96
0.970.941.00.920.930.810.98-0.91-0.340.730.920.81-0.010.850.920.86-0.83-0.280.850.070.89-0.60.96-0.190.92
-0.58-0.47-0.59-0.56-0.56-0.43-0.580.690.76-0.68-0.66-0.320.49-0.31-0.66-0.370.70.35-0.550.41-0.74-0.6-0.61-0.59-0.7
1.00.960.950.990.990.730.89-0.92-0.240.830.980.74-0.110.860.980.87-0.85-0.360.80.010.90.96-0.61-0.150.95
-0.2-0.32-0.19-0.19-0.2-0.31-0.150.06-0.46-0.03-0.02-0.46-0.68-0.46-0.02-0.410.080.09-0.3-0.49-0.06-0.19-0.59-0.15-0.05
0.960.90.90.960.960.810.84-0.87-0.450.870.930.79-0.010.850.930.84-0.93-0.440.85-0.040.960.92-0.70.95-0.05
Click cells to compare fundamentals

Wah Fu Account Relationship Matchups

Wah Fu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.6M17.0M18.0M17.5M20.2M13.4M
Other Current Liab1.1M1.7M1.8M1.8M2.0M1.3M
Total Current Liabilities2.9M6.1M6.0M4.3M5.0M3.3M
Total Stockholder Equity9.1M10.2M11.2M11.7M13.5M9.5M
Net Tangible Assets6.5M9.1M10.2M11.2M12.9M9.0M
Property Plant And Equipment Net1.4M1.1M869.4K886.4K1.0M859.6K
Current Deferred Revenue1.5M4.1M4.0M2.1M2.4M1.9M
Net Debt(6.2M)(11.7M)(11.6M)(12.2M)(10.9M)(11.5M)
Retained Earnings4.7M5.3M5.7M6.4M5.8M4.8M
Cash6.8M12.1M11.8M12.6M14.5M8.6M
Non Current Assets Total2.3M1.9M1.8M1.5M1.8M1.6M
Non Currrent Assets Other652.4K157.9K84.1K56.0K50.4K47.9K
Other Assets492.9K924.5K797.2K919.9K1.1M642.0K
Cash And Short Term Investments6.8M12.1M11.8M12.6M14.5M8.6M
Net Receivables3.3M2.8M4.3M3.4M3.9M2.9M
Common Stock Shares Outstanding4.3M4.4M4.4M4.4M4.0M3.8M
Liabilities And Stockholders Equity12.6M17.0M18.0M17.5M20.2M13.4M
Non Current Liabilities Total361.6K105.9K6.1K203.2K233.6K152.0K
Capital Lease Obligations615.9K362.5K142.5K413.4K475.5K499.2K
Other Current Assets150.2K139.9K90.6K69.1K62.2K102.8K
Total Liab3.3M6.2M6.0M4.5M5.2M3.4M
Long Term Investments384.2K283.1K11.0K11.9K12.3K0.0
Property Plant And Equipment Gross1.4M1.1M1.8M1.6M1.8M1.0M
Total Current Assets10.3M15.0M16.2M16.0M18.4M11.8M
Accumulated Other Comprehensive Income(502.6K)45.6K656.1K115.1K132.4K139.0K
Short Term Debt254.3K256.6K136.5K210.3K241.8K165.6K
Intangible Assets29.8K313.3K138.0K54.4K62.5K98.2K
Property Plant Equipment868.8K1.4M1.1M869.4K999.8K847.8K
Net Invested Capital9.1M10.2M11.2M11.7M13.5M10.4M
Net Working Capital7.3M9.0M10.2M11.7M13.4M9.2M

Pair Trading with Wah Fu

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wah Fu position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wah Fu will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Wah Fu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wah Fu when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wah Fu - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wah Fu Education to buy it.
The correlation of Wah Fu is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wah Fu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wah Fu Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wah Fu can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Wah Stock Analysis

When running Wah Fu's price analysis, check to measure Wah Fu'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 Wah Fu is operating at the current time. Most of Wah Fu's value examination focuses on studying past and present price action to predict the probability of Wah Fu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Fu's price. Additionally, you may evaluate how the addition of Wah Fu to your portfolios can decrease your overall portfolio volatility.