European Long Term Debt Total vs Intangible Assets Analysis
EWCZ Stock | USD 8.28 0.32 3.72% |
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 Long Term Debt Total and its Intangible Assets 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.
Long Term Debt Total vs Intangible Assets
Long Term Debt Total vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Long Term Debt Total account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between European Wax's Long Term Debt Total and Intangible Assets is -0.81. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Intangible Assets 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 Long Term Debt Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of European Wax Center are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt Total i.e., European Wax's Long Term Debt Total and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt Total
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Expense | 20.3M | 23.6M | 26.7M | 23.0M | Depreciation And Amortization | 20.3M | 20.2M | 20.2M | 21.1M |
European Wax fundamental ratios Correlations
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European Wax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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