European Cash vs Other Stockholder Equity Analysis

EWCZ Stock  USD 8.01  0.27  3.26%   
European Wax financial indicator trend analysis is much more than just examining European Wax Center latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Wax Center is a good investment. Please check the relationship between European Wax Cash and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cash vs Other Stockholder Equity

Cash vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between European Wax's Cash and Other Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of European Wax Center, assuming nothing else is changed. The correlation between historical values of European Wax's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of European Wax Center are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., European Wax's Cash and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of European Wax Center, which is listed under current asset account on European Wax Center balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from European Wax customers. The amounts must be unrestricted with restricted cash listed in a different European Wax 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.

Other Stockholder Equity

Most indicators from European Wax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Wax Center 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Wax Center. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, European Wax's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (46.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense20.3M23.6M26.7M23.0M
Depreciation And Amortization20.3M20.2M20.2M21.1M

European Wax fundamental ratios Correlations

0.91-0.830.510.980.77-0.960.880.950.79-0.80.820.90.990.620.980.90.90.61-0.720.940.96-0.050.860.960.96
0.91-0.670.390.840.95-0.860.960.870.97-0.930.620.730.940.450.911.00.730.54-0.550.810.97-0.030.650.770.96
-0.83-0.67-0.17-0.75-0.530.73-0.57-0.77-0.480.5-0.74-0.94-0.78-0.25-0.74-0.66-0.94-0.380.68-0.83-0.720.52-0.93-0.78-0.72
0.510.39-0.170.620.43-0.430.340.680.37-0.360.70.30.510.490.580.380.30.91-0.440.660.530.740.230.620.56
0.980.84-0.750.620.69-0.960.840.930.73-0.750.860.860.970.720.970.830.860.65-0.740.920.920.090.820.990.93
0.770.95-0.530.430.69-0.670.860.820.96-0.880.530.570.810.240.790.950.570.62-0.410.750.90.070.460.60.9
-0.96-0.860.73-0.43-0.96-0.67-0.91-0.85-0.750.76-0.7-0.86-0.94-0.79-0.93-0.85-0.86-0.430.62-0.82-0.910.04-0.84-0.94-0.91
0.880.96-0.570.340.840.86-0.910.790.94-0.910.520.690.910.620.880.960.690.41-0.470.710.930.020.640.770.93
0.950.87-0.770.680.930.82-0.850.790.76-0.720.840.850.930.520.920.860.850.79-0.630.990.960.080.780.920.96
0.790.97-0.480.370.730.96-0.750.940.76-0.960.50.530.850.370.830.970.530.52-0.470.680.890.10.450.620.89
-0.8-0.930.5-0.36-0.75-0.880.76-0.91-0.72-0.96-0.6-0.51-0.88-0.39-0.88-0.94-0.51-0.510.64-0.66-0.84-0.1-0.44-0.64-0.84
0.820.62-0.740.70.860.53-0.70.520.840.5-0.60.710.820.40.860.610.710.81-0.920.890.710.130.670.850.72
0.90.73-0.940.30.860.57-0.860.690.850.53-0.510.710.830.510.790.711.00.41-0.570.880.82-0.360.990.890.82
0.990.94-0.780.510.970.81-0.940.910.930.85-0.880.820.830.590.990.930.830.62-0.750.910.960.00.780.920.96
0.620.45-0.250.490.720.24-0.790.620.520.37-0.390.40.510.590.60.440.510.24-0.280.470.570.320.540.740.57
0.980.91-0.740.580.970.79-0.930.880.920.83-0.880.860.790.990.60.90.790.68-0.790.90.940.090.740.930.94
0.91.0-0.660.380.830.95-0.850.960.860.97-0.940.610.710.930.440.90.710.54-0.540.80.96-0.030.640.750.96
0.90.73-0.940.30.860.57-0.860.690.850.53-0.510.711.00.830.510.790.710.41-0.570.880.82-0.360.990.890.82
0.610.54-0.380.910.650.62-0.430.410.790.52-0.510.810.410.620.240.680.540.41-0.590.790.640.520.310.620.66
-0.72-0.550.68-0.44-0.74-0.410.62-0.47-0.63-0.470.64-0.92-0.57-0.75-0.28-0.79-0.54-0.57-0.59-0.7-0.560.01-0.56-0.71-0.56
0.940.81-0.830.660.920.75-0.820.710.990.68-0.660.890.880.910.470.90.80.880.79-0.70.910.020.820.920.91
0.960.97-0.720.530.920.9-0.910.930.960.89-0.840.710.820.960.570.940.960.820.64-0.560.910.030.760.881.0
-0.05-0.030.520.740.090.070.040.020.080.1-0.10.13-0.360.00.320.09-0.03-0.360.520.010.020.03-0.420.050.05
0.860.65-0.930.230.820.46-0.840.640.780.45-0.440.670.990.780.540.740.640.990.31-0.560.820.76-0.420.870.75
0.960.77-0.780.620.990.6-0.940.770.920.62-0.640.850.890.920.740.930.750.890.62-0.710.920.880.050.870.88
0.960.96-0.720.560.930.9-0.910.930.960.89-0.840.720.820.960.570.940.960.820.66-0.560.911.00.050.750.88
Click cells to compare fundamentals

European Wax Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for European Stock Analysis

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