European Net Debt vs Good Will 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 Net Debt and its Good Will 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.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Wax Center Net Debt account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between European Wax's Net Debt and Good Will is -0.47. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will 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 Net Debt and Good Will 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 European Wax Center are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., European Wax's Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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

Interest Expense Depreciation And Amortization

European Wax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.91	-0.83	0.51	0.98	0.77	-0.96	0.88	0.95	0.79	-0.8	0.82	0.9	0.99	0.62	0.98	0.9	0.9	0.61	-0.72	0.94	0.96	-0.05	0.86	0.96	0.96
Short Long Term Debt Total	0.91		-0.67	0.39	0.84	0.95	-0.86	0.96	0.87	0.97	-0.93	0.62	0.73	0.94	0.45	0.91	1.0	0.73	0.54	-0.55	0.81	0.97	-0.03	0.65	0.77	0.96
Other Current Liab	-0.83	-0.67		-0.17	-0.75	-0.53	0.73	-0.57	-0.77	-0.48	0.5	-0.74	-0.94	-0.78	-0.25	-0.74	-0.66	-0.94	-0.38	0.68	-0.83	-0.72	0.52	-0.93	-0.78	-0.72
Total Current Liabilities	0.51	0.39	-0.17		0.62	0.43	-0.43	0.34	0.68	0.37	-0.36	0.7	0.3	0.51	0.49	0.58	0.38	0.3	0.91	-0.44	0.66	0.53	0.74	0.23	0.62	0.56
Total Stockholder Equity	0.98	0.84	-0.75	0.62		0.69	-0.96	0.84	0.93	0.73	-0.75	0.86	0.86	0.97	0.72	0.97	0.83	0.86	0.65	-0.74	0.92	0.92	0.09	0.82	0.99	0.93
Other Liab	0.77	0.95	-0.53	0.43	0.69		-0.67	0.86	0.82	0.96	-0.88	0.53	0.57	0.81	0.24	0.79	0.95	0.57	0.62	-0.41	0.75	0.9	0.07	0.46	0.6	0.9
Net Tangible Assets	-0.96	-0.86	0.73	-0.43	-0.96	-0.67		-0.91	-0.85	-0.75	0.76	-0.7	-0.86	-0.94	-0.79	-0.93	-0.85	-0.86	-0.43	0.62	-0.82	-0.91	0.04	-0.84	-0.94	-0.91
Property Plant And Equipment Net	0.88	0.96	-0.57	0.34	0.84	0.86	-0.91		0.79	0.94	-0.91	0.52	0.69	0.91	0.62	0.88	0.96	0.69	0.41	-0.47	0.71	0.93	0.02	0.64	0.77	0.93
Current Deferred Revenue	0.95	0.87	-0.77	0.68	0.93	0.82	-0.85	0.79		0.76	-0.72	0.84	0.85	0.93	0.52	0.92	0.86	0.85	0.79	-0.63	0.99	0.96	0.08	0.78	0.92	0.96
Net Debt	0.79	0.97	-0.48	0.37	0.73	0.96	-0.75	0.94	0.76		-0.96	0.5	0.53	0.85	0.37	0.83	0.97	0.53	0.52	-0.47	0.68	0.89	0.1	0.45	0.62	0.89
Retained Earnings	-0.8	-0.93	0.5	-0.36	-0.75	-0.88	0.76	-0.91	-0.72	-0.96		-0.6	-0.51	-0.88	-0.39	-0.88	-0.94	-0.51	-0.51	0.64	-0.66	-0.84	-0.1	-0.44	-0.64	-0.84
Accounts Payable	0.82	0.62	-0.74	0.7	0.86	0.53	-0.7	0.52	0.84	0.5	-0.6		0.71	0.82	0.4	0.86	0.61	0.71	0.81	-0.92	0.89	0.71	0.13	0.67	0.85	0.72
Cash	0.9	0.73	-0.94	0.3	0.86	0.57	-0.86	0.69	0.85	0.53	-0.51	0.71		0.83	0.51	0.79	0.71	1.0	0.41	-0.57	0.88	0.82	-0.36	0.99	0.89	0.82
Non Current Assets Total	0.99	0.94	-0.78	0.51	0.97	0.81	-0.94	0.91	0.93	0.85	-0.88	0.82	0.83		0.59	0.99	0.93	0.83	0.62	-0.75	0.91	0.96	0.0	0.78	0.92	0.96
Non Currrent Assets Other	0.62	0.45	-0.25	0.49	0.72	0.24	-0.79	0.62	0.52	0.37	-0.39	0.4	0.51	0.59		0.6	0.44	0.51	0.24	-0.28	0.47	0.57	0.32	0.54	0.74	0.57
Other Assets	0.98	0.91	-0.74	0.58	0.97	0.79	-0.93	0.88	0.92	0.83	-0.88	0.86	0.79	0.99	0.6		0.9	0.79	0.68	-0.79	0.9	0.94	0.09	0.74	0.93	0.94
Long Term Debt	0.9	1.0	-0.66	0.38	0.83	0.95	-0.85	0.96	0.86	0.97	-0.94	0.61	0.71	0.93	0.44	0.9		0.71	0.54	-0.54	0.8	0.96	-0.03	0.64	0.75	0.96
Cash And Short Term Investments	0.9	0.73	-0.94	0.3	0.86	0.57	-0.86	0.69	0.85	0.53	-0.51	0.71	1.0	0.83	0.51	0.79	0.71		0.41	-0.57	0.88	0.82	-0.36	0.99	0.89	0.82
Net Receivables	0.61	0.54	-0.38	0.91	0.65	0.62	-0.43	0.41	0.79	0.52	-0.51	0.81	0.41	0.62	0.24	0.68	0.54	0.41		-0.59	0.79	0.64	0.52	0.31	0.62	0.66
Good Will	-0.72	-0.55	0.68	-0.44	-0.74	-0.41	0.62	-0.47	-0.63	-0.47	0.64	-0.92	-0.57	-0.75	-0.28	-0.79	-0.54	-0.57	-0.59		-0.7	-0.56	0.01	-0.56	-0.71	-0.56
Common Stock Shares Outstanding	0.94	0.81	-0.83	0.66	0.92	0.75	-0.82	0.71	0.99	0.68	-0.66	0.89	0.88	0.91	0.47	0.9	0.8	0.88	0.79	-0.7		0.91	0.02	0.82	0.92	0.91
Non Current Liabilities Total	0.96	0.97	-0.72	0.53	0.92	0.9	-0.91	0.93	0.96	0.89	-0.84	0.71	0.82	0.96	0.57	0.94	0.96	0.82	0.64	-0.56	0.91		0.03	0.76	0.88	1.0
Inventory	-0.05	-0.03	0.52	0.74	0.09	0.07	0.04	0.02	0.08	0.1	-0.1	0.13	-0.36	0.0	0.32	0.09	-0.03	-0.36	0.52	0.01	0.02	0.03		-0.42	0.05	0.05
Other Current Assets	0.86	0.65	-0.93	0.23	0.82	0.46	-0.84	0.64	0.78	0.45	-0.44	0.67	0.99	0.78	0.54	0.74	0.64	0.99	0.31	-0.56	0.82	0.76	-0.42		0.87	0.75
Other Stockholder Equity	0.96	0.77	-0.78	0.62	0.99	0.6	-0.94	0.77	0.92	0.62	-0.64	0.85	0.89	0.92	0.74	0.93	0.75	0.89	0.62	-0.71	0.92	0.88	0.05	0.87		0.88
Total Liab	0.96	0.96	-0.72	0.56	0.93	0.9	-0.91	0.93	0.96	0.89	-0.84	0.72	0.82	0.96	0.57	0.94	0.96	0.82	0.66	-0.56	0.91	1.0	0.05	0.75	0.88

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European Net Debt vs Good Will Analysis

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

Correlation Coefficient

Net Debt

Good Will

European Wax fundamental ratios Correlations

European Wax Account Relationship Matchups

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Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Common Stock Shares Outstanding	+ 0.99	Current Deferred Revenue

Retained Earnings	- 0.96	Net Debt
Net Tangible Assets	- 0.96	Total Stockholder Equity
Net Tangible Assets	- 0.96	Total Assets
Long Term Debt	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.94	Net Tangible Assets
Non Current Assets Total	- 0.94	Net Tangible Assets