WonderFi Days Sales Outstanding vs Free Cash Flow Yield 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 Days Sales Outstanding and its Free Cash Flow Yield 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.
Days Sales Outstanding vs Free Cash Flow Yield
Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WonderFi Technologies Days Sales Outstanding account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between WonderFi Technologies' Days Sales Outstanding and Free Cash Flow Yield is 0.01. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield 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' Days Sales Outstanding and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of WonderFi Technologies are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Days Sales Outstanding i.e., WonderFi Technologies' Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Days Sales Outstanding
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.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 |
WonderFi Technologies fundamental ratios Correlations
Click cells to compare fundamentals
WonderFi Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.