Welsbach Net Debt vs Cash Analysis

WTMA Stock  USD 10.97  0.02  0.18%   
Welsbach Technology financial indicator trend analysis is more than just analyzing Welsbach Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welsbach Technology is a good investment. Please check the relationship between Welsbach Technology Net Debt and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welsbach Technology Metals. 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welsbach Technology Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Welsbach Technology's Net Debt and Cash is -1.0. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Welsbach Technology Metals, assuming nothing else is changed. The correlation between historical values of Welsbach Technology's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Welsbach Technology Metals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Welsbach Technology's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Welsbach Technology, which is listed under current asset account on Welsbach Technology Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Welsbach Technology customers. The amounts must be unrestricted with restricted cash listed in a different Welsbach Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Welsbach Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welsbach 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 Welsbach Technology Metals. 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.
As of May 13, 2024, Selling General Administrative is expected to decline to 1,922. In addition to that, Tax Provision is expected to decline to about 123.5 K
 2010 2023 2024 (projected)
Net Interest Income1.1M2.5M2.0M
Tax Provision180.7K128.1K123.5K

Welsbach Technology fundamental ratios Correlations

-0.99-0.811.0-0.92-0.8-0.92-0.890.88-0.80.840.95-0.34-0.920.840.930.720.99-0.80.78-0.72-0.82-0.951.00.830.95
-0.990.87-1.00.950.880.950.94-0.940.87-0.91-0.930.470.95-0.91-0.97-0.81-0.980.84-0.860.810.880.96-0.99-0.9-0.93
-0.810.87-0.840.970.960.970.96-0.971.0-0.97-0.830.740.97-0.97-0.9-0.94-0.830.66-0.960.951.00.94-0.83-0.97-0.84
1.0-1.0-0.84-0.94-0.83-0.94-0.910.91-0.830.870.95-0.39-0.930.870.940.750.99-0.810.81-0.76-0.85-0.961.00.860.95
-0.920.950.97-0.940.911.00.95-0.960.96-0.93-0.950.551.0-0.93-0.92-0.85-0.940.68-0.90.870.971.0-0.93-0.92-0.95
-0.80.880.96-0.830.910.910.99-0.990.96-1.0-0.740.830.91-1.0-0.96-0.99-0.790.82-1.00.990.970.87-0.82-1.0-0.74
-0.920.950.97-0.941.00.910.95-0.960.96-0.93-0.950.551.0-0.93-0.92-0.85-0.940.68-0.90.870.970.99-0.93-0.93-0.95
-0.890.940.96-0.910.950.990.95-1.00.96-1.0-0.820.730.95-1.0-0.99-0.96-0.880.84-0.980.960.970.93-0.9-0.99-0.83
0.88-0.94-0.970.91-0.96-0.99-0.96-1.0-0.971.00.83-0.73-0.961.00.980.960.88-0.820.98-0.96-0.98-0.940.90.990.84
-0.80.871.0-0.830.960.960.960.96-0.97-0.97-0.820.750.96-0.97-0.9-0.95-0.820.66-0.970.961.00.93-0.82-0.97-0.82
0.84-0.91-0.970.87-0.93-1.0-0.93-1.01.0-0.970.78-0.79-0.931.00.970.980.83-0.820.99-0.98-0.97-0.90.861.00.78
0.95-0.93-0.830.95-0.95-0.74-0.95-0.820.83-0.820.78-0.26-0.940.780.830.650.98-0.580.72-0.66-0.83-0.970.950.771.0
-0.340.470.74-0.390.550.830.550.73-0.730.75-0.79-0.260.56-0.79-0.66-0.9-0.310.6-0.850.890.740.48-0.37-0.81-0.26
-0.920.950.97-0.931.00.911.00.95-0.960.96-0.93-0.940.56-0.93-0.92-0.86-0.930.68-0.90.870.970.99-0.93-0.93-0.94
0.84-0.91-0.970.87-0.93-1.0-0.93-1.01.0-0.971.00.78-0.79-0.930.970.980.83-0.820.99-0.98-0.97-0.90.861.00.78
0.93-0.97-0.90.94-0.92-0.96-0.92-0.990.98-0.90.970.83-0.66-0.920.970.910.9-0.910.94-0.91-0.91-0.920.940.960.83
0.72-0.81-0.940.75-0.85-0.99-0.85-0.960.96-0.950.980.65-0.9-0.860.980.910.7-0.781.0-1.0-0.95-0.810.740.980.65
0.99-0.98-0.830.99-0.94-0.79-0.94-0.880.88-0.820.830.98-0.31-0.930.830.90.7-0.740.76-0.71-0.83-0.970.990.810.98
-0.80.840.66-0.810.680.820.680.84-0.820.66-0.82-0.580.60.68-0.82-0.91-0.78-0.74-0.790.760.680.68-0.81-0.81-0.58
0.78-0.86-0.960.81-0.9-1.0-0.9-0.980.98-0.970.990.72-0.85-0.90.990.941.00.76-0.79-1.0-0.97-0.860.81.00.72
-0.720.810.95-0.760.870.990.870.96-0.960.96-0.98-0.660.890.87-0.98-0.91-1.0-0.710.76-1.00.960.82-0.74-0.99-0.67
-0.820.881.0-0.850.970.970.970.97-0.981.0-0.97-0.830.740.97-0.97-0.91-0.95-0.830.68-0.970.960.94-0.84-0.97-0.84
-0.950.960.94-0.961.00.870.990.93-0.940.93-0.9-0.970.480.99-0.9-0.92-0.81-0.970.68-0.860.820.94-0.96-0.89-0.97
1.0-0.99-0.831.0-0.93-0.82-0.93-0.90.9-0.820.860.95-0.37-0.930.860.940.740.99-0.810.8-0.74-0.84-0.960.840.95
0.83-0.9-0.970.86-0.92-1.0-0.93-0.990.99-0.971.00.77-0.81-0.931.00.960.980.81-0.811.0-0.99-0.97-0.890.840.77
0.95-0.93-0.840.95-0.95-0.74-0.95-0.830.84-0.820.781.0-0.26-0.940.780.830.650.98-0.580.72-0.67-0.84-0.970.950.77
Click cells to compare fundamentals

Welsbach Technology Account Relationship Matchups

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When determining whether Welsbach Technology 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 Welsbach 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 Welsbach Technology Metals Stock. Highlighted below are key reports to facilitate an investment decision about Welsbach Technology Metals Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welsbach Technology Metals. 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.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Welsbach Technology's 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 Welsbach Technology. If investors know Welsbach 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 Welsbach Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Return On Assets
(0.03)
The market value of Welsbach Technology is measured differently than its book value, which is the value of Welsbach that is recorded on the company's balance sheet. Investors also form their own opinion of Welsbach Technology's value that differs from its market value or its book value, called intrinsic value, which is Welsbach Technology's 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 Welsbach Technology's market value can be influenced by many factors that don't directly affect Welsbach Technology's 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 Welsbach Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Welsbach Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Welsbach Technology's 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.