WixCom Net Debt vs Other Stockholder Equity Analysis

WIX Stock  USD 169.60  6.41  3.64%   
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 Net Debt and its Other Stockholder Equity 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 closely tied 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.

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Net Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between WixCom's Net Debt and Other Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Net Debt and Other Stockholder Equity 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 WixCom are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Debt i.e., WixCom's Net Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Other Stockholder Equity

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 closely tied 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 Expense5.3M5.2M4.2M5.8M
Depreciation And Amortization18.9M22.9M26.4M27.8M

WixCom fundamental ratios Correlations

0.810.750.830.020.720.550.810.71-0.780.790.620.750.630.560.840.710.60.790.760.710.60.810.80.53-0.23
0.810.960.880.060.940.770.960.85-0.920.860.840.980.790.640.940.880.730.890.990.690.810.980.990.75-0.48
0.750.960.89-0.080.910.770.910.91-0.910.820.730.970.780.650.880.850.650.870.940.620.80.930.970.75-0.44
0.830.880.89-0.210.830.640.870.9-0.90.880.630.830.760.680.910.780.750.880.820.610.670.850.910.61-0.2
0.020.06-0.08-0.21-0.12-0.35-0.15-0.070.30.09-0.020.00.140.210.17-0.270.150.190.040.27-0.310.01-0.09-0.350.26
0.720.940.910.83-0.120.810.940.78-0.90.810.840.940.80.640.850.90.630.780.960.70.820.910.960.8-0.55
0.550.770.770.64-0.350.810.880.52-0.90.40.880.830.320.090.560.970.490.430.820.320.990.840.821.0-0.86
0.810.960.910.87-0.150.940.880.74-0.980.760.90.950.650.480.850.970.720.760.950.630.910.980.980.87-0.63
0.710.850.910.9-0.070.780.520.74-0.780.870.460.840.830.770.870.650.580.930.820.590.580.780.860.49-0.11
-0.78-0.92-0.91-0.90.3-0.9-0.9-0.98-0.78-0.72-0.83-0.93-0.59-0.42-0.8-0.97-0.7-0.73-0.91-0.55-0.93-0.95-0.96-0.890.61
0.790.860.820.880.090.810.40.760.87-0.720.550.780.930.90.930.610.680.970.80.760.450.780.850.38-0.05
0.620.840.730.63-0.020.840.880.90.46-0.830.550.820.460.260.710.910.630.540.870.470.860.880.840.88-0.76
0.750.980.970.830.00.940.830.950.84-0.930.780.820.730.560.870.910.670.830.990.660.870.970.980.82-0.57
0.630.790.780.760.140.80.320.650.83-0.590.930.460.730.970.840.50.540.90.760.770.350.660.760.3-0.01
0.560.640.650.680.210.640.090.480.77-0.420.90.260.560.970.770.290.480.860.590.730.130.490.610.060.24
0.840.940.880.910.170.850.560.850.87-0.80.930.710.870.840.770.720.780.950.90.710.60.880.910.54-0.18
0.710.880.850.78-0.270.90.970.970.65-0.970.610.910.910.50.290.720.620.610.90.490.970.930.920.96-0.76
0.60.730.650.750.150.630.490.720.58-0.70.680.630.670.540.480.780.620.690.670.680.540.760.70.48-0.19
0.790.890.870.880.190.780.430.760.93-0.730.970.540.830.90.860.950.610.690.840.720.490.810.860.4-0.06
0.760.990.940.820.040.960.820.950.82-0.910.80.870.990.760.590.90.90.670.840.660.840.960.980.8-0.56
0.710.690.620.610.270.70.320.630.59-0.550.760.470.660.770.730.710.490.680.720.660.380.650.650.31-0.12
0.60.810.80.67-0.310.820.990.910.58-0.930.450.860.870.350.130.60.970.540.490.840.380.880.850.99-0.84
0.810.980.930.850.010.910.840.980.78-0.950.780.880.970.660.490.880.930.760.810.960.650.880.970.83-0.59
0.80.990.970.91-0.090.960.820.980.86-0.960.850.840.980.760.610.910.920.70.860.980.650.850.970.8-0.52
0.530.750.750.61-0.350.81.00.870.49-0.890.380.880.820.30.060.540.960.480.40.80.310.990.830.8-0.87
-0.23-0.48-0.44-0.20.26-0.55-0.86-0.63-0.110.61-0.05-0.76-0.57-0.010.24-0.18-0.76-0.19-0.06-0.56-0.12-0.84-0.59-0.52-0.87
Click cells to compare fundamentals

WixCom Account Relationship Matchups

WixCom fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.5M54.4M57.0M58.0M58.4M46.6M
Total Assets1.1B1.8B2.1B1.8B1.8B1.9B
Other Current Liab98.4M141.2M146.1M174.3M133.1M139.8M
Total Current Liabilities444.2M617.0M774.3M1.2B789.0M423.3M
Total Stockholder Equity207.7M250.3M145.7M(263.2M)(54.5M)(51.8M)
Other Liab23.6M66.2M135.0M91.6M105.3M110.6M
Property Plant And Equipment Net111.0M124.3M151.5M309.3M557.5M585.4M
Current Deferred Revenue289.1M373.5M484.4M529.2M592.6M622.2M
Net Debt175.0M762.1M582.6M885.8M384.6M205.0M
Retained Earnings(404.8M)(621.3M)(648.1M)(1.1B)(1.0B)(987.9M)
Accounts Payable37.7M79.9M114.6M96.1M38.3M41.5M
Cash268.1M168.9M451.4M244.7M611.7M642.3M
Non Current Assets Total334.2M725.6M670.0M610.6M733.9M770.6M
Non Currrent Assets Other8.3M21.0M41.6M23.0M6.3M9.5M
Other Assets9.9M21.0M41.6M23.0M1.00.95
Cash And Short Term Investments726.5M1.0B1.3B1.1B965.0M552.9M
Net Receivables17.0M23.7M30.4M42.1M57.4M60.3M
Common Stock Total Equity80K88K94K107K123.1K77.6K
Short Term Investments458.4M867.1M868.2M818.8M353.3M346.2M
Liabilities And Stockholders Equity1.1B1.8B2.1B1.8B1.8B1.9B
Non Current Liabilities Total447.7M959.5M1.1B831.1M1.1B1.1B
Inventory12.7M22.0M27.2M13.7M15.7M14.8M
Other Current Assets9.3M19.6M12.7M28.5M47.8M50.2M
Other Stockholder Equity611.1M862.1M794.8M843.1M981.1M1.0B
Total Liab891.9M1.6B1.9B2.0B1.9B2.0B
Property Plant And Equipment Gross111.0M124.3M151.5M309.3M610.0M640.5M
Total Current Assets765.5M1.1B1.4B1.1B1.1B595.9M
Accumulated Other Comprehensive Income1.4M9.4M(1.1M)(33.5M)4.2M4.4M
Short Term Debt18.9M22.3M29.2M390.9M25.0M23.7M
Common Stock94K107K111K108K110K82.8K
Property Plant Equipment111.0M124.3M151.5M309.3M355.7M373.5M
Net Tangible Assets170.1M258.2M56.2M(346.5M)(311.9M)(296.3M)
Intangible Assets19.8M19.3M40.2M34.0M28.0M22.6M
Short Long Term Debt Total443.1M931.0M1.0B1.1B996.3M766.1M
Long Term Debt359.9M834.4M923.0M566.6M569.7M564.7M
Net Invested Capital567.7M1.1B1.1B664.9M515.2M700.3M

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