WixCom Gross Profit vs Depreciation And Amortization Analysis
WIX Stock | USD 167.19 5.81 3.36% |
WixCom financial indicator trend analysis is more than just analyzing WixCom current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WixCom is a good investment. Please check the relationship between WixCom Gross Profit and its Depreciation And Amortization accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between WixCom's Gross Profit and Depreciation And Amortization is 1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of WixCom are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., WixCom's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of WixCom minus its cost of goods sold. It is profit before WixCom operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from WixCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WixCom 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 WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.At this time, WixCom's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, despite the fact that Tax Provision is likely to grow to (6.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.3M | 5.2M | 4.2M | 5.8M | Depreciation And Amortization | 18.9M | 22.9M | 26.4M | 27.8M |
WixCom fundamental ratios Correlations
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WixCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WixCom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 50.5M | 54.4M | 57.0M | 58.0M | 58.4M | 46.6M | |
Total Assets | 1.1B | 1.8B | 2.1B | 1.8B | 1.8B | 1.9B | |
Other Current Liab | 98.4M | 141.2M | 146.1M | 174.3M | 133.1M | 139.8M | |
Total Current Liabilities | 444.2M | 617.0M | 774.3M | 1.2B | 789.0M | 423.3M | |
Total Stockholder Equity | 207.7M | 250.3M | 145.7M | (263.2M) | (54.5M) | (51.8M) | |
Other Liab | 23.6M | 66.2M | 135.0M | 91.6M | 105.3M | 110.6M | |
Property Plant And Equipment Net | 111.0M | 124.3M | 151.5M | 309.3M | 557.5M | 585.4M | |
Current Deferred Revenue | 289.1M | 373.5M | 484.4M | 529.2M | 592.6M | 622.2M | |
Net Debt | 175.0M | 762.1M | 582.6M | 885.8M | 384.6M | 205.0M | |
Retained Earnings | (404.8M) | (621.3M) | (648.1M) | (1.1B) | (1.0B) | (987.9M) | |
Accounts Payable | 37.7M | 79.9M | 114.6M | 96.1M | 38.3M | 41.5M | |
Cash | 268.1M | 168.9M | 451.4M | 244.7M | 611.7M | 642.3M | |
Non Current Assets Total | 334.2M | 725.6M | 670.0M | 610.6M | 733.9M | 770.6M | |
Non Currrent Assets Other | 8.3M | 21.0M | 41.6M | 23.0M | 6.3M | 9.5M | |
Other Assets | 9.9M | 21.0M | 41.6M | 23.0M | 1.0 | 0.95 | |
Cash And Short Term Investments | 726.5M | 1.0B | 1.3B | 1.1B | 965.0M | 552.9M | |
Net Receivables | 17.0M | 23.7M | 30.4M | 42.1M | 57.4M | 60.3M | |
Common Stock Total Equity | 80K | 88K | 94K | 107K | 123.1K | 77.6K | |
Short Term Investments | 458.4M | 867.1M | 868.2M | 818.8M | 353.3M | 346.2M | |
Liabilities And Stockholders Equity | 1.1B | 1.8B | 2.1B | 1.8B | 1.8B | 1.9B | |
Non Current Liabilities Total | 447.7M | 959.5M | 1.1B | 831.1M | 1.1B | 1.1B | |
Inventory | 12.7M | 22.0M | 27.2M | 13.7M | 15.7M | 14.8M | |
Other Current Assets | 9.3M | 19.6M | 12.7M | 28.5M | 47.8M | 50.2M | |
Other Stockholder Equity | 611.1M | 862.1M | 794.8M | 843.1M | 981.1M | 1.0B | |
Total Liab | 891.9M | 1.6B | 1.9B | 2.0B | 1.9B | 2.0B | |
Property Plant And Equipment Gross | 111.0M | 124.3M | 151.5M | 309.3M | 610.0M | 640.5M | |
Total Current Assets | 765.5M | 1.1B | 1.4B | 1.1B | 1.1B | 595.9M | |
Accumulated Other Comprehensive Income | 1.4M | 9.4M | (1.1M) | (33.5M) | 4.2M | 4.4M | |
Short Term Debt | 18.9M | 22.3M | 29.2M | 390.9M | 25.0M | 23.7M | |
Common Stock | 94K | 107K | 111K | 108K | 110K | 82.8K | |
Property Plant Equipment | 111.0M | 124.3M | 151.5M | 309.3M | 355.7M | 373.5M | |
Net Tangible Assets | 170.1M | 258.2M | 56.2M | (346.5M) | (311.9M) | (296.3M) | |
Intangible Assets | 19.8M | 19.3M | 40.2M | 34.0M | 28.0M | 22.6M | |
Short Long Term Debt Total | 443.1M | 931.0M | 1.0B | 1.1B | 996.3M | 766.1M | |
Long Term Debt | 359.9M | 834.4M | 923.0M | 566.6M | 569.7M | 564.7M | |
Net Invested Capital | 567.7M | 1.1B | 1.1B | 664.9M | 515.2M | 700.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WixCom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WixCom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wixcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wixcom Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.
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Is WixCom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WixCom. If investors know WixCom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WixCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.16 | Revenue Per Share 28.322 | Quarterly Revenue Growth 0.122 | Return On Assets 0.0021 | Return On Equity (7.54) |
The market value of WixCom is measured differently than its book value, which is the value of WixCom that is recorded on the company's balance sheet. Investors also form their own opinion of WixCom's value that differs from its market value or its book value, called intrinsic value, which is WixCom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WixCom's market value can be influenced by many factors that don't directly affect WixCom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WixCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if WixCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WixCom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.