Wearable Current Deferred Revenue vs Revenue Per Share Analysis

WLDS Stock

USD 1.88 0.02 1.08%

Wearable Devices financial indicator trend analysis is more than just analyzing Wearable Devices current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wearable Devices is a good investment. Please check the relationship between Wearable Devices Current Deferred Revenue and its Revenue Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wearable Devices. 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.

For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.

Current Deferred Revenue vs Revenue Per Share

Current Deferred Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wearable Devices Current Deferred Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have pay attention.

The correlation between Wearable Devices' Current Deferred Revenue and Revenue Per Share is -0.95. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Wearable Devices, assuming nothing else is changed. The correlation between historical values of Wearable Devices' Current Deferred Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Wearable Devices are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Current Deferred Revenue i.e., Wearable Devices' Current Deferred Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Most indicators from Wearable Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wearable Devices 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 Wearable Devices. 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.

For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.At this time, Wearable Devices' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 36.90 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	55K	38K	34.2K	44.6K
Depreciation And Amortization	11K	23K	68K	71.4K

Interest Expense Depreciation And Amortization

Wearable Devices fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		-0.75	0.84	-0.66	0.96	0.87	0.65	0.72	-0.87	-0.78	0.63	0.74	0.64	-0.74	0.98	0.5	0.92	-0.75	0.48	0.82	0.86	-0.63	0.99	0.61	0.56	1.0
Short Long Term Debt Total	-0.75		-0.89	0.98	-0.88	-0.86	-0.7	-0.91	0.72	0.83	-0.67	-0.41	-0.7	0.51	-0.7	-0.6	-0.78	1.0	-0.58	-0.79	-0.87	0.97	-0.71	-0.69	-0.65	-0.74
Other Current Liab	0.84	-0.89		-0.81	0.89	0.92	0.83	0.91	-0.63	-0.93	0.79	0.35	0.82	-0.43	0.73	0.74	0.94	-0.91	0.72	0.9	0.93	-0.77	0.78	0.81	0.84	0.82
Total Current Liabilities	-0.66	0.98	-0.81		-0.81	-0.75	-0.58	-0.87	0.71	0.72	-0.55	-0.41	-0.57	0.52	-0.63	-0.47	-0.65	0.97	-0.45	-0.66	-0.77	1.0	-0.63	-0.56	-0.53	-0.66
Total Stockholder Equity	0.96	-0.88	0.89	-0.81		0.95	0.75	0.82	-0.85	-0.87	0.73	0.65	0.74	-0.68	0.93	0.61	0.92	-0.89	0.59	0.89	0.94	-0.78	0.94	0.72	0.64	0.96
Net Tangible Assets	0.87	-0.86	0.92	-0.75	0.95		0.92	0.79	-0.63	-0.98	0.91	0.38	0.92	-0.4	0.79	0.84	0.96	-0.88	0.82	0.98	1.0	-0.72	0.83	0.9	0.83	0.85
Property Plant And Equipment Net	0.65	-0.7	0.83	-0.58	0.75	0.92		0.66	-0.29	-0.97	0.99	0.01	1.0	-0.03	0.52	0.98	0.88	-0.74	0.98	0.96	0.93	-0.53	0.58	1.0	0.95	0.62
Current Deferred Revenue	0.72	-0.91	0.91	-0.87	0.82	0.79	0.66		-0.67	-0.8	0.59	0.39	0.65	-0.52	0.66	0.57	0.76	-0.91	0.53	0.77	0.83	-0.85	0.67	0.64	0.65	0.71
Net Debt	-0.87	0.72	-0.63	0.71	-0.85	-0.63	-0.29	-0.67		0.48	-0.26	-0.93	-0.27	0.96	-0.93	-0.1	-0.63	0.69	-0.07	-0.52	-0.62	0.71	-0.9	-0.24	-0.16	-0.89
Retained Earnings	-0.78	0.83	-0.93	0.72	-0.87	-0.98	-0.97	-0.8	0.48		-0.95	-0.19	-0.97	0.24	-0.67	-0.92	-0.94	0.86	-0.9	-0.99	-0.98	0.68	-0.71	-0.96	-0.93	-0.75
Accounts Payable	0.63	-0.67	0.79	-0.55	0.73	0.91	0.99	0.59	-0.26	-0.95		-0.01	0.99	0.01	0.5	0.98	0.86	-0.71	0.98	0.94	0.91	-0.5	0.56	0.99	0.94	0.6
Cash	0.74	-0.41	0.35	-0.41	0.65	0.38	0.01	0.39	-0.93	-0.19	-0.01		-0.01	-0.98	0.85	-0.17	0.41	-0.38	-0.21	0.27	0.36	-0.41	0.81	-0.04	-0.13	0.78
Non Current Assets Total	0.64	-0.7	0.82	-0.57	0.74	0.92	1.0	0.65	-0.27	-0.97	0.99	-0.01		-0.02	0.51	0.98	0.87	-0.73	0.98	0.96	0.92	-0.52	0.57	1.0	0.95	0.61
Non Currrent Assets Other	-0.74	0.51	-0.43	0.52	-0.68	-0.4	-0.03	-0.52	0.96	0.24	0.01	-0.98	-0.02		-0.84	0.15	-0.43	0.47	0.19	-0.3	-0.4	0.53	-0.8	0.02	0.09	-0.77
Cash And Short Term Investments	0.98	-0.7	0.73	-0.63	0.93	0.79	0.52	0.66	-0.93	-0.67	0.5	0.85	0.51	-0.84		0.36	0.82	-0.69	0.33	0.72	0.78	-0.6	0.99	0.48	0.4	0.99
Net Receivables	0.5	-0.6	0.74	-0.47	0.61	0.84	0.98	0.57	-0.1	-0.92	0.98	-0.17	0.98	0.15	0.36		0.79	-0.64	1.0	0.9	0.84	-0.42	0.42	0.99	0.96	0.47
Common Stock Shares Outstanding	0.92	-0.78	0.94	-0.65	0.92	0.96	0.88	0.76	-0.63	-0.94	0.86	0.41	0.87	-0.43	0.82	0.79		-0.8	0.77	0.96	0.96	-0.61	0.87	0.86	0.85	0.89
Non Current Liabilities Total	-0.75	1.0	-0.91	0.97	-0.89	-0.88	-0.74	-0.91	0.69	0.86	-0.71	-0.38	-0.73	0.47	-0.69	-0.64	-0.8		-0.62	-0.81	-0.89	0.96	-0.71	-0.72	-0.69	-0.74
Inventory	0.48	-0.58	0.72	-0.45	0.59	0.82	0.98	0.53	-0.07	-0.9	0.98	-0.21	0.98	0.19	0.33	1.0	0.77	-0.62		0.88	0.82	-0.41	0.4	0.99	0.95	0.44
Other Current Assets	0.82	-0.79	0.9	-0.66	0.89	0.98	0.96	0.77	-0.52	-0.99	0.94	0.27	0.96	-0.3	0.72	0.9	0.96	-0.81	0.88		0.99	-0.62	0.77	0.95	0.89	0.8
Other Stockholder Equity	0.86	-0.87	0.93	-0.77	0.94	1.0	0.93	0.83	-0.62	-0.98	0.91	0.36	0.92	-0.4	0.78	0.84	0.96	-0.89	0.82	0.99		-0.74	0.81	0.91	0.84	0.84
Total Liab	-0.63	0.97	-0.77	1.0	-0.78	-0.72	-0.53	-0.85	0.71	0.68	-0.5	-0.41	-0.52	0.53	-0.6	-0.42	-0.61	0.96	-0.41	-0.62	-0.74		-0.6	-0.52	-0.48	-0.62
Net Invested Capital	0.99	-0.71	0.78	-0.63	0.94	0.83	0.58	0.67	-0.9	-0.71	0.56	0.81	0.57	-0.8	0.99	0.42	0.87	-0.71	0.4	0.77	0.81	-0.6		0.54	0.47	1.0
Property Plant And Equipment Gross	0.61	-0.69	0.81	-0.56	0.72	0.9	1.0	0.64	-0.24	-0.96	0.99	-0.04	1.0	0.02	0.48	0.99	0.86	-0.72	0.99	0.95	0.91	-0.52	0.54		0.96	0.58
Short Long Term Debt	0.56	-0.65	0.84	-0.53	0.64	0.83	0.95	0.65	-0.16	-0.93	0.94	-0.13	0.95	0.09	0.4	0.96	0.85	-0.69	0.95	0.89	0.84	-0.48	0.47	0.96		0.52
Total Current Assets	1.0	-0.74	0.82	-0.66	0.96	0.85	0.62	0.71	-0.89	-0.75	0.6	0.78	0.61	-0.77	0.99	0.47	0.89	-0.74	0.44	0.8	0.84	-0.62	1.0	0.58	0.52

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Wearable Current Deferred Revenue vs Revenue Per Share Analysis

Current Deferred Revenue vs Revenue Per Share

Current Deferred Revenue vs Revenue Per Share Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Revenue Per Share

Wearable Devices fundamental ratios Correlations

Wearable Devices Account Relationship Matchups

High Positive Relationship

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Additional Tools for Wearable Stock Analysis

COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Other Current Assets	- 0.99	Retained Earnings
Non Currrent Assets Other	- 0.98	Cash
Other Stockholder Equity	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Net Tangible Assets
Non Current Assets Total	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Property Plant And Equipment Net