WixCom Operating Income vs Net Income 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 Operating Income and its Net Income 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Operating Income account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WixCom's Operating Income and Net Income is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of WixCom are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., WixCom's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from WixCom operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WixCom is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in WixCom financial statement analysis. It represents the amount of money remaining after all of WixCom operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
Click cells to compare fundamentals
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 |
Also Currently Popular
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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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.