Warby Other Current Assets vs Retained Earnings Analysis

WRBY Stock  USD 17.23  0.40  2.27%   
Warby Parker financial indicator trend analysis is more than just analyzing Warby Parker current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Warby Parker is a good investment. Please check the relationship between Warby Parker Other Current Assets and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warby Parker. 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 Warby Stock please use our How to Invest in Warby Parker guide.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warby Parker Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Warby Parker's Other Current Assets and Retained Earnings is -0.95. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Warby Parker, assuming nothing else is changed. The correlation between historical values of Warby Parker's Other Current Assets 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 Other Current Assets of Warby Parker 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 Other Current Assets i.e., Warby Parker's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Warby Parker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Warby Parker 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 Warby Parker. 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 Warby Stock please use our How to Invest in Warby Parker guide.Tax Provision is likely to drop to about 371.1 K in 2024. Selling General Administrative is likely to drop to about 332 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense347K1.3M1.2M738K
Depreciation And Amortization21.9M31.9M38.6M27.5M

Warby Parker fundamental ratios Correlations

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Click cells to compare fundamentals

Warby Parker Account Relationship Matchups

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Additional Tools for Warby Stock Analysis

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