| WALDW Stock | | | USD 0.14 0.01 7.69% |
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 Net Debt and its Non Current Assets Total 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.
Net Debt vs Non Current Assets Total
Net Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Waldencast Acquisition Net Debt account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Waldencast Acquisition's Net Debt and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total 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 Net Debt and Non Current Assets Total 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 Waldencast Acquisition Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Waldencast Acquisition's Net Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
Waldencast Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Waldencast Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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measure Waldencast Acquisition'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 Waldencast Acquisition is operating at the current time. Most of Waldencast Acquisition's value examination focuses on studying past and present price action to
predict the probability of Waldencast Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waldencast Acquisition's price. Additionally, you may evaluate how the addition of Waldencast Acquisition to your portfolios can decrease your overall portfolio volatility.