| WNW Stock | | | USD 1.03 0.01 0.98% |
Meiwu Technology financial indicator trend analysis is infinitely more than just investigating Meiwu Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meiwu Technology is a good investment. Please check the relationship between Meiwu Technology Total Stockholder Equity and its Capital Lease Obligations accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as
signals in board of governors.
Total Stockholder Equity vs Capital Lease Obligations
Total Stockholder Equity vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Meiwu Technology Total Stockholder Equity account and
Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Meiwu Technology's Total Stockholder Equity and Capital Lease Obligations is -0.93. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Meiwu Technology Co, assuming nothing else is changed. The correlation between historical values of Meiwu Technology's Total Stockholder Equity and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Meiwu Technology Co are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Stockholder Equity i.e., Meiwu Technology's Total Stockholder Equity and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.93 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Capital Lease Obligations
Meiwu Technology capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Meiwu Technology asset purchases. For example, Meiwu Technology can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Meiwu Technology control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Meiwu Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meiwu Technology 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 Meiwu Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to climb to about 255
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.6
M in 2024.
Meiwu Technology fundamental ratios Correlations
Click cells to compare fundamentals
Meiwu Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meiwu Technology fundamental ratios Accounts
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Additional Tools for Meiwu Stock Analysis
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measure Meiwu Technology'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 Meiwu Technology is operating at the current time. Most of Meiwu Technology's value examination focuses on studying past and present price action to
predict the probability of Meiwu Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiwu Technology's price. Additionally, you may evaluate how the addition of Meiwu Technology to your portfolios can decrease your overall portfolio volatility.