Weis Tax Provision vs Interest Expense Analysis

WMK Stock  USD 63.66  0.01  0.02%   
Weis Markets financial indicator trend analysis is more than just analyzing Weis Markets current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weis Markets is a good investment. Please check the relationship between Weis Markets Tax Provision and its Interest Expense accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. 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 more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.

Tax Provision vs Interest Expense

Tax Provision vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weis Markets Tax Provision account and Interest Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Weis Markets' Tax Provision and Interest Expense is 0.12. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Weis Markets, assuming nothing else is changed. The correlation between historical values of Weis Markets' Tax Provision and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Weis Markets are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Tax Provision i.e., Weis Markets' Tax Provision and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Weis Markets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weis Markets 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 Weis Markets. 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 more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.At this time, Weis Markets' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 11.95 this year, although the value of Selling General Administrative will most likely fall to about 669.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.1B688.5M
Total Revenue4.2B4.7B4.7B2.6B

Weis Markets fundamental ratios Correlations

0.670.980.990.980.770.980.10.870.440.35-0.670.810.850.83-0.620.850.650.920.76-0.090.930.73-0.170.720.19
0.670.70.620.650.490.590.320.540.44-0.01-0.150.60.390.54-0.170.610.470.660.58-0.060.580.140.160.130.36
0.980.70.960.990.80.960.00.840.330.43-0.690.760.880.77-0.660.810.550.850.77-0.080.970.71-0.270.70.25
0.990.620.960.960.721.00.10.880.470.35-0.710.80.860.85-0.650.840.690.930.74-0.070.920.78-0.180.770.13
0.980.650.990.960.840.96-0.050.840.290.42-0.70.760.890.76-0.680.80.530.820.74-0.170.940.71-0.310.70.2
0.770.490.80.720.840.75-0.230.80.130.44-0.710.750.780.6-0.740.770.410.540.58-0.240.740.6-0.440.60.13
0.980.590.961.00.960.750.030.880.420.4-0.760.780.90.83-0.710.830.660.90.72-0.10.920.82-0.250.810.11
0.10.320.00.1-0.05-0.230.030.180.85-0.660.430.41-0.360.40.540.330.540.410.230.26-0.09-0.210.88-0.220.28
0.870.540.840.880.840.80.880.180.580.31-0.710.950.750.94-0.670.980.780.810.79-0.010.810.71-0.140.710.15
0.440.440.330.470.290.130.420.850.58-0.36-0.040.730.030.730.080.690.880.720.410.250.250.230.670.230.15
0.35-0.010.430.350.420.440.4-0.660.31-0.36-0.670.130.640.11-0.690.21-0.060.150.23-0.110.560.6-0.70.59-0.14
-0.67-0.15-0.69-0.71-0.7-0.71-0.760.43-0.71-0.04-0.67-0.51-0.89-0.540.98-0.6-0.38-0.51-0.360.21-0.69-0.930.69-0.930.07
0.810.60.760.80.760.750.780.410.950.730.13-0.510.570.91-0.450.990.830.830.740.030.70.570.110.570.22
0.850.390.880.860.890.780.9-0.360.750.030.64-0.890.570.59-0.890.650.380.640.62-0.160.880.85-0.630.850.0
0.830.540.770.850.760.60.830.40.940.730.11-0.540.910.59-0.470.940.850.860.760.050.730.620.110.610.19
-0.62-0.17-0.66-0.65-0.68-0.74-0.710.54-0.670.08-0.690.98-0.45-0.89-0.47-0.54-0.28-0.41-0.330.29-0.66-0.840.77-0.850.05
0.850.610.810.840.80.770.830.330.980.690.21-0.60.990.650.94-0.540.820.840.780.040.760.630.020.630.22
0.650.470.550.690.530.410.660.540.780.88-0.06-0.380.830.380.85-0.280.820.820.560.240.480.50.370.5-0.14
0.920.660.850.930.820.540.90.410.810.720.15-0.510.830.640.86-0.410.840.820.670.050.790.670.160.660.16
0.760.580.770.740.740.580.720.230.790.410.23-0.360.740.620.76-0.330.780.560.670.30.820.4-0.010.390.16
-0.09-0.06-0.08-0.07-0.17-0.24-0.10.26-0.010.25-0.110.210.03-0.160.050.290.040.240.050.30.04-0.080.39-0.08-0.29
0.930.580.970.920.940.740.92-0.090.810.250.56-0.690.70.880.73-0.660.760.480.790.820.040.71-0.320.70.22
0.730.140.710.780.710.60.82-0.210.710.230.6-0.930.570.850.62-0.840.630.50.670.4-0.080.71-0.481.0-0.08
-0.170.16-0.27-0.18-0.31-0.44-0.250.88-0.140.67-0.70.690.11-0.630.110.770.020.370.16-0.010.39-0.32-0.48-0.490.06
0.720.130.70.770.70.60.81-0.220.710.230.59-0.930.570.850.61-0.850.630.50.660.39-0.080.71.0-0.49-0.09
0.190.360.250.130.20.130.110.280.150.15-0.140.070.220.00.190.050.22-0.140.160.16-0.290.22-0.080.06-0.09
Click cells to compare fundamentals

Weis Markets Account Relationship Matchups

Weis Markets fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B1.9B2.0B2.1B1.1B
Other Current Liab63.4M75.0M74.6M83.2M61.5M55.7M
Total Current Liabilities291.9M346.3M345.2M345.4M340.8M185.1M
Total Stockholder Equity1.1B1.1B1.2B1.3B1.4B854.4M
Property Plant And Equipment Net1.1B1.1B1.2B1.1B1.1B578.6M
Net Debt151.9M71.6M115.6M28.0M(1.2M)(1.3M)
Retained Earnings1.2B1.3B1.4B1.4B1.5B967.8M
Cash66.9M136.6M86.0M158.0M184.2M193.4M
Non Current Assets Total1.2B1.2B1.2B1.2B1.2B1.3B
Cash And Short Term Investments149.3M271.2M318.9M367.1M436.9M458.7M
Net Receivables55.8M56.8M52.1M50.9M65.1M45.3M
Liabilities And Stockholders Equity1.7B1.8B1.9B2.0B2.1B1.1B
Non Current Liabilities Total324.9M328.0M345.5M312.0M352.1M369.7M
Inventory279.8M269.0M269.6M293.3M296.2M202.1M
Other Current Assets23.4M29.2M31.1M29.9M34.1M32.4M
Total Liab616.8M674.3M690.7M657.3M692.9M727.5M
Property Plant And Equipment Gross1.1B924.4M2.6B2.7B2.8B2.9B
Total Current Assets508.3M626.2M671.7M741.2M832.2M519.1M
Accumulated Other Comprehensive Income1.5M3.3M1.7M(6.4M)(1.2M)(1.3M)
Intangible Assets17.8M17.6M17.5M18.8M17.9M15.1M
Non Currrent Assets Other(97.0M)(103.4M)990K(88.5M)1.7M1.8M
Accounts Payable180.7M221.6M218.8M206.8M226.2M133.3M
Short Term Investments82.5M134.6M232.8M209.1M252.6M265.3M
Other Assets716K199.9M990K1.8M2.0M1.9M
Property Plant Equipment886.9M924.4M977.8M970.9M1.1B714.4M
Current Deferred Revenue8.7M10.6M11.9M11.8M12.4M7.6M
Other Liab145.2M159.0M183.9M169.5M195.0M204.7M
Short Term Debt39.1M39.2M39.9M43.5M40.7M28.7M
Net Tangible Assets1.0B1.1B1.2B1.2B1.4B1.0B
Retained Earnings Total Equity1.2B1.3B1.4B1.4B1.7B1.2B
Deferred Long Term Liab97.0M103.4M115.1M111.2M127.9M108.4M
Non Current Liabilities Other227.8M224.6M230.4M200.7M9.9M9.4M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Weis Markets in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Weis Markets' short interest history, or implied volatility extrapolated from Weis Markets options trading.

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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 Weis Markets is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Weis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Weis Markets Stock. Highlighted below are key reports to facilitate an investment decision about Weis Markets Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. 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 more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Weis Markets' price analysis, check to measure Weis Markets' 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 Weis Markets is operating at the current time. Most of Weis Markets' value examination focuses on studying past and present price action to predict the probability of Weis Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weis Markets' price. Additionally, you may evaluate how the addition of Weis Markets to your portfolios can decrease your overall portfolio volatility.
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Is Weis Markets' 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 Weis Markets. If investors know Weis 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 Weis Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
1.36
Earnings Share
3.86
Revenue Per Share
174.618
Quarterly Revenue Growth
(0.07)
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.