WonderFi Average Payables vs Ptb Ratio Analysis

WNDR Stock

0.17 0.02 13.33%

WonderFi Technologies financial indicator trend analysis is more than just analyzing WonderFi Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WonderFi Technologies is a good investment. Please check the relationship between WonderFi Technologies Average Payables and its Ptb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WonderFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Average Payables vs Ptb Ratio

Average Payables vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WonderFi Technologies Average Payables account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between WonderFi Technologies' Average Payables and Ptb Ratio is 0.18. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of WonderFi Technologies, assuming nothing else is changed. The correlation between historical values of WonderFi Technologies' Average Payables and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of WonderFi Technologies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Average Payables i.e., WonderFi Technologies' Average Payables and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from WonderFi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WonderFi Technologies 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 WonderFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, WonderFi Technologies' Selling General Administrative is very stable compared to the past year. As of the 3rd of November 2024, Enterprise Value is likely to grow to about 97.9 M, while Tax Provision is likely to drop (900.3 K).

	2020	2022	2023	2024 (projected)
Other Operating Expenses	5.1M	47.1M	44.6M	46.8M
Depreciation And Amortization	1.8K	5.3M	9.7M	10.2M

Other Operating Expenses Depreciation And Amortization

WonderFi Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Capital Surpluse	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Net Working Capital
Total Assets		1.0	1.0	0.7	-0.72	-0.99	0.77	0.77	0.61	1.0	0.99	1.0	1.0	0.98	0.32	0.84	0.88	0.74	0.95	0.91	0.9	0.77	0.92	0.95	0.93	0.19
Other Current Liab	1.0		1.0	0.63	-0.72	-1.0	0.76	0.76	0.53	1.0	1.0	1.0	1.0	0.96	0.23	0.78	0.83	0.67	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.28
Total Current Liabilities	1.0	1.0		0.63	-0.72	-1.0	0.76	0.76	0.53	1.0	1.0	1.0	1.0	0.96	0.23	0.78	0.84	0.68	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.28
Total Stockholder Equity	0.7	0.63	0.63		-0.48	-0.61	0.57	0.57	0.97	0.67	0.63	0.64	0.64	0.82	0.86	0.96	0.94	0.97	0.87	0.51	0.93	0.97	0.89	0.87	0.87	-0.44
Net Debt	-0.72	-0.72	-0.72	-0.48		0.73	-0.99	-0.99	-0.28	-0.76	-0.72	-0.72	-0.73	-0.7	-0.03	-0.48	-0.53	-0.38	-0.61	-0.71	-0.56	-0.41	-0.59	-0.61	-0.61	-0.34
Retained Earnings	-0.99	-1.0	-1.0	-0.61	0.73		-0.76	-0.76	-0.5	-0.99	-1.0	-1.0	-1.0	-0.94	-0.19	-0.76	-0.82	-0.64	-0.9	-0.95	-0.85	-0.67	-0.88	-0.9	-0.9	-0.34
Cash	0.77	0.76	0.76	0.57	-0.99	-0.76		1.0	0.4	0.8	0.76	0.76	0.77	0.77	0.15	0.58	0.62	0.49	0.69	0.71	0.64	0.52	0.66	0.69	0.67	0.24
Cash And Short Term Investments	0.77	0.76	0.76	0.57	-0.99	-0.76	1.0		0.4	0.8	0.76	0.76	0.77	0.77	0.15	0.58	0.62	0.49	0.69	0.71	0.64	0.52	0.66	0.69	0.67	0.24
Net Receivables	0.61	0.53	0.53	0.97	-0.28	-0.5	0.4	0.4		0.57	0.53	0.54	0.54	0.75	0.94	0.94	0.9	0.98	0.82	0.38	0.88	0.97	0.83	0.82	0.8	-0.58
Common Stock Shares Outstanding	1.0	1.0	1.0	0.67	-0.76	-0.99	0.8	0.8	0.57		1.0	1.0	1.0	0.97	0.27	0.81	0.86	0.7	0.93	0.92	0.87	0.73	0.9	0.93	0.91	0.24
Other Current Assets	0.99	1.0	1.0	0.63	-0.72	-1.0	0.76	0.76	0.53	1.0		1.0	1.0	0.96	0.23	0.78	0.83	0.67	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.29
Total Liab	1.0	1.0	1.0	0.64	-0.72	-1.0	0.76	0.76	0.54	1.0	1.0		1.0	0.96	0.24	0.79	0.84	0.68	0.93	0.93	0.86	0.71	0.89	0.93	0.91	0.27
Total Current Assets	1.0	1.0	1.0	0.64	-0.73	-1.0	0.77	0.77	0.54	1.0	1.0	1.0		0.96	0.23	0.79	0.84	0.68	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.28
Common Stock	0.98	0.96	0.96	0.82	-0.7	-0.94	0.77	0.77	0.75	0.97	0.96	0.96	0.96		0.49	0.92	0.95	0.85	0.99	0.84	0.95	0.87	0.96	0.99	0.96	0.02
Short Long Term Debt Total	0.32	0.23	0.23	0.86	-0.03	-0.19	0.15	0.15	0.94	0.27	0.23	0.24	0.23	0.49		0.78	0.71	0.87	0.59	0.05	0.67	0.85	0.59	0.59	0.55	-0.81
Property Plant And Equipment Net	0.84	0.78	0.78	0.96	-0.48	-0.76	0.58	0.58	0.94	0.81	0.78	0.79	0.79	0.92	0.78		0.99	0.98	0.96	0.65	0.98	0.99	0.96	0.96	0.95	-0.31
Accounts Payable	0.88	0.83	0.84	0.94	-0.53	-0.82	0.62	0.62	0.9	0.86	0.83	0.84	0.84	0.95	0.71	0.99		0.95	0.98	0.73	1.0	0.96	0.99	0.98	0.98	-0.2
Non Current Assets Total	0.74	0.67	0.68	0.97	-0.38	-0.64	0.49	0.49	0.98	0.7	0.67	0.68	0.68	0.85	0.87	0.98	0.95		0.91	0.49	0.93	1.0	0.89	0.91	0.87	-0.48
Non Currrent Assets Other	0.95	0.92	0.92	0.87	-0.61	-0.9	0.69	0.69	0.82	0.93	0.92	0.93	0.92	0.99	0.59	0.96	0.98	0.91		0.79	0.98	0.92	0.97	1.0	0.97	-0.09
Capital Surpluse	0.91	0.93	0.93	0.51	-0.71	-0.95	0.71	0.71	0.38	0.92	0.93	0.93	0.93	0.84	0.05	0.65	0.73	0.49	0.79		0.77	0.53	0.83	0.79	0.86	0.52
Other Stockholder Equity	0.9	0.86	0.86	0.93	-0.56	-0.85	0.64	0.64	0.88	0.87	0.86	0.86	0.86	0.95	0.67	0.98	1.0	0.93	0.98	0.77		0.94	0.99	0.98	0.99	-0.14
Net Invested Capital	0.77	0.7	0.7	0.97	-0.41	-0.67	0.52	0.52	0.97	0.73	0.7	0.71	0.7	0.87	0.85	0.99	0.96	1.0	0.92	0.53	0.94		0.9	0.92	0.88	-0.45
Property Plant And Equipment Gross	0.92	0.89	0.89	0.89	-0.59	-0.88	0.66	0.66	0.83	0.9	0.89	0.89	0.89	0.96	0.59	0.96	0.99	0.89	0.97	0.83	0.99	0.9		0.97	1.0	-0.03
Short Long Term Debt	0.95	0.92	0.92	0.87	-0.61	-0.9	0.69	0.69	0.82	0.93	0.92	0.93	0.92	0.99	0.59	0.96	0.98	0.91	1.0	0.79	0.98	0.92	0.97		0.97	-0.09
Capital Stock	0.93	0.9	0.9	0.87	-0.61	-0.9	0.67	0.67	0.8	0.91	0.9	0.91	0.9	0.96	0.55	0.95	0.98	0.87	0.97	0.86	0.99	0.88	1.0	0.97		0.01
Net Working Capital	0.19	0.28	0.28	-0.44	-0.34	-0.34	0.24	0.24	-0.58	0.24	0.29	0.27	0.28	0.02	-0.81	-0.31	-0.2	-0.48	-0.09	0.52	-0.14	-0.45	-0.03	-0.09	0.01

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WonderFi Technologies Account Relationship Matchups

Other Information on Investing in WonderFi Stock

Balance Sheet is a snapshot of the financial position of WonderFi Technologies at a specified time, usually calculated after every quarter, six months, or one year. WonderFi Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WonderFi Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WonderFi currently owns. An asset can also be divided into two categories, current and non-current.

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WonderFi Average Payables vs Ptb Ratio Analysis

Average Payables vs Ptb Ratio

Average Payables vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Average Payables

Ptb Ratio

WonderFi Technologies fundamental ratios Correlations

WonderFi Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Other Information on Investing in WonderFi Stock

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Other Current Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab

Total Current Assets	- 1.0	Retained Earnings
Total Liab	- 1.0	Retained Earnings
Other Current Assets	- 1.0	Retained Earnings
Retained Earnings	- 1.0	Total Current Liabilities
Retained Earnings	- 1.0	Other Current Liab
Common Stock Shares Outstanding	- 0.99	Retained Earnings