Welsbach Retained Earnings Total Equity vs Cash And Short Term Investments Analysis
| WTMA Stock | USD 10.98 0.01 0.09% |
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 Retained Earnings Total Equity and its Cash And Short Term Investments 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.
Retained Earnings Total Equity vs Cash And Short Term Investments
Retained Earnings Total Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welsbach Technology Retained Earnings Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Welsbach Technology's Retained Earnings Total Equity and Cash And Short Term Investments is 0.98. Overlapping area represents the amount of variation of Retained Earnings Total Equity that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings Total Equity of Welsbach Technology Metals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings Total Equity i.e., Welsbach Technology's Retained Earnings Total Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Welsbach Technology balance sheet. This account contains Welsbach Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Welsbach Technology Metals 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.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 14, 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 Income | 1.1M | 2.5M | 2.0M | Tax Provision | 180.7K | 128.1K | 123.5K |
Welsbach Technology fundamental ratios Correlations
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Welsbach Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.