Waldencast Cash And Short Term Investments vs Good Will Analysis

WALDW Stock  USD 0.15  0.01  7.14%   
Waldencast Acquisition financial indicator trend analysis is more than just analyzing Waldencast Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waldencast Acquisition is a good investment. Please check the relationship between Waldencast Acquisition Cash And Short Term Investments and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waldencast Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waldencast Acquisition Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have totally related.
The correlation between Waldencast Acquisition's Cash And Short Term Investments and Good Will is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Waldencast Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Waldencast Acquisition's Cash And Short Term Investments 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 Cash And Short Term Investments of Waldencast Acquisition Corp 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 Cash And Short Term Investments i.e., Waldencast Acquisition's Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Waldencast Acquisition balance sheet. This account contains Waldencast Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Waldencast Acquisition Corp 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.

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 Waldencast Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waldencast Acquisition 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 Waldencast Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Waldencast Acquisition's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 149.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense11.1M18.9M21.7M13.3M
Depreciation And Amortization13.9M60.5M69.6M73.1M

Waldencast Acquisition fundamental ratios Correlations

0.930.961.0-0.920.971.00.960.870.990.720.970.990.950.840.970.980.970.990.980.750.990.980.990.99-0.25
0.930.970.91-0.950.990.920.90.960.970.780.980.960.990.860.910.850.860.890.910.80.910.90.90.89-0.43
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1.00.910.93-0.910.951.00.940.830.980.710.950.980.930.840.980.980.970.990.990.750.990.990.990.99-0.26
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0.970.990.990.95-0.950.960.940.950.990.760.990.991.00.860.940.910.910.940.940.780.950.940.940.94-0.35
1.00.920.951.0-0.920.960.950.860.990.710.960.990.940.840.970.980.970.990.980.740.990.990.990.99-0.24
0.960.90.980.94-0.870.940.950.90.940.60.970.970.940.750.860.960.950.930.880.620.90.920.90.93-0.04
0.870.960.960.83-0.930.950.860.90.920.770.950.920.970.840.820.810.840.840.810.760.830.840.80.84-0.36
0.990.970.970.98-0.950.990.990.940.920.760.991.00.980.870.970.940.940.970.970.790.980.970.970.97-0.34
0.720.780.680.71-0.910.760.710.60.770.760.70.720.750.970.810.680.750.760.791.00.790.790.740.76-0.78
0.970.981.00.95-0.930.990.960.970.950.990.70.990.990.820.920.930.930.940.920.730.930.940.930.94-0.25
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0.840.860.80.84-0.970.860.840.750.840.870.970.820.840.840.90.820.880.880.890.980.90.910.850.88-0.64
0.970.910.890.98-0.940.940.970.860.820.970.810.920.950.920.90.930.930.971.00.850.990.980.990.97-0.44
0.980.850.910.98-0.890.910.980.960.810.940.680.930.950.890.820.930.990.990.940.710.970.980.960.99-0.14
0.970.860.910.97-0.920.910.970.950.840.940.750.930.950.890.880.930.990.990.940.770.970.990.950.99-0.21
0.990.890.920.99-0.930.940.990.930.840.970.760.940.970.920.880.970.990.990.980.790.991.00.981.0-0.28
0.980.910.890.99-0.930.940.980.880.810.970.790.920.950.920.891.00.940.940.980.831.00.981.00.98-0.41
0.750.80.690.75-0.920.780.740.620.760.791.00.730.740.770.980.850.710.770.790.830.830.820.780.79-0.78
0.990.910.910.99-0.940.950.990.90.830.980.790.930.960.920.90.990.970.970.991.00.831.00.990.99-0.37
0.980.90.910.99-0.950.940.990.920.840.970.790.940.960.920.910.980.980.991.00.980.821.00.981.0-0.33
0.990.90.90.99-0.910.940.990.90.80.970.740.930.960.920.850.990.960.950.981.00.780.990.980.98-0.33
0.990.890.920.99-0.930.940.990.930.840.970.760.940.970.920.880.970.990.991.00.980.790.991.00.98-0.28
-0.25-0.43-0.21-0.260.52-0.35-0.24-0.04-0.36-0.34-0.78-0.25-0.26-0.34-0.64-0.44-0.14-0.21-0.28-0.41-0.78-0.37-0.33-0.33-0.28
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Waldencast Acquisition Account Relationship Matchups

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