Wallbox Cash And Short Term Investments vs Retained Earnings Analysis

WBX Stock  USD 1.46  0.10  6.41%   
Wallbox NV financial indicator trend analysis is more than just analyzing Wallbox NV current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wallbox NV is a good investment. Please check the relationship between Wallbox NV Cash And Short Term Investments and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbox NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Wallbox Stock please use our How to Invest in Wallbox NV guide.

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wallbox NV Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Wallbox NV's Cash And Short Term Investments and Retained Earnings is -0.84. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Wallbox NV, assuming nothing else is changed. The correlation between historical values of Wallbox NV's Cash And Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Wallbox NV are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Wallbox NV's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Wallbox NV balance sheet. This account contains Wallbox NV investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Wallbox NV fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Wallbox NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wallbox NV 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 Wallbox NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Wallbox Stock please use our How to Invest in Wallbox NV guide.Sales General And Administrative To Revenue is likely to rise to 0.75 in 2024, whereas Tax Provision is likely to drop (738.1 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.6M5.0M15.1M15.9M
Depreciation And Amortization9.1M18.9M30.8M32.3M

Wallbox NV fundamental ratios Correlations

0.880.620.990.990.820.960.830.64-0.960.930.960.970.450.410.850.890.990.340.490.860.840.960.930.121.0
0.880.370.840.830.740.940.960.91-0.960.760.790.910.280.060.880.690.860.670.170.770.990.920.86-0.170.88
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0.990.840.70.990.80.960.80.57-0.950.940.980.940.440.450.790.930.990.250.570.840.80.970.90.230.99
0.990.830.660.990.770.950.770.58-0.940.970.960.940.540.510.770.91.00.250.530.820.780.960.930.190.98
0.820.740.580.80.770.750.680.53-0.770.730.830.780.250.410.870.790.830.210.461.00.770.790.70.020.78
0.960.940.620.960.950.750.920.73-0.990.90.930.930.380.270.790.870.950.410.450.780.911.00.890.130.96
0.830.960.450.80.770.680.920.85-0.940.650.790.850.05-0.120.810.720.790.630.270.70.970.90.74-0.020.83
0.640.91-0.040.570.580.530.730.85-0.780.510.480.760.23-0.180.80.330.620.9-0.250.550.910.680.74-0.530.66
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0.930.760.620.940.970.730.90.650.51-0.860.890.860.70.660.680.830.960.150.480.770.690.90.920.160.92
0.960.790.80.980.960.830.930.790.48-0.920.890.890.320.430.760.980.960.140.690.860.770.960.810.350.95
0.970.910.440.940.940.780.930.850.76-0.950.860.890.440.280.920.780.960.540.290.830.880.910.96-0.090.98
0.450.280.040.440.540.250.380.050.23-0.330.70.320.440.80.260.230.520.04-0.040.290.180.350.66-0.20.44
0.410.060.440.450.510.410.27-0.12-0.18-0.210.660.430.280.80.140.440.49-0.480.440.42-0.020.310.440.260.38
0.850.880.280.790.770.870.790.810.8-0.840.680.760.920.260.140.640.830.620.140.90.90.780.83-0.30.84
0.890.690.910.930.90.790.870.720.33-0.840.830.980.780.230.440.640.89-0.030.820.810.670.910.690.520.88
0.990.860.640.991.00.830.950.790.62-0.950.960.960.960.520.490.830.890.290.490.860.820.960.940.130.99
0.340.67-0.40.250.250.210.410.630.9-0.480.150.140.540.04-0.480.62-0.030.29-0.550.240.680.340.5-0.720.37
0.490.170.970.570.530.460.450.27-0.25-0.390.480.690.29-0.040.440.140.820.49-0.550.460.160.520.190.890.46
0.860.770.570.840.821.00.780.70.55-0.80.770.860.830.290.420.90.810.860.240.460.790.810.750.010.83
0.840.990.360.80.780.770.910.970.91-0.940.690.770.880.18-0.020.90.670.820.680.160.790.890.81-0.190.84
0.960.920.690.970.960.791.00.90.68-0.990.90.960.910.350.310.780.910.960.340.520.810.890.870.20.96
0.930.860.340.90.930.70.890.740.74-0.890.920.810.960.660.440.830.690.940.50.190.750.810.87-0.170.94
0.12-0.170.820.230.190.020.13-0.02-0.53-0.060.160.35-0.09-0.20.26-0.30.520.13-0.720.890.01-0.190.2-0.170.11
1.00.880.60.990.980.780.960.830.66-0.960.920.950.980.440.380.840.880.990.370.460.830.840.960.940.11
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Wallbox NV Account Relationship Matchups

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