Workiva Cash And Short Term Investments vs Accounts Payable Analysis

WK Stock

USD 82.06 0.18 0.22%

Workiva financial indicator trend analysis is more than just analyzing Workiva current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workiva is a good investment. Please check the relationship between Workiva Cash And Short Term Investments and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workiva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workiva Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Workiva's Cash And Short Term Investments and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Workiva, assuming nothing else is changed. The correlation between historical values of Workiva's Cash And Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Workiva are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., Workiva's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Workiva balance sheet. This account contains Workiva investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Workiva fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Accounts Payable

An accounting item on the balance sheet that represents Workiva obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Workiva are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Workiva's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workiva 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 Workiva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.At this time, Workiva's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 3.6 M this year, although Enterprise Value Over EBITDA will most likely fall to (106.73).

	2021	2022	2023	2024 (projected)
Gross Profit	339.5M	408.0M	475.8M	499.6M
Total Revenue	443.3M	537.9M	630.0M	661.5M

Gross Profit Total Revenue

Workiva fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		0.84	0.74	0.94	0.89	-0.18	0.94	0.6	0.88	0.5	0.57	0.81	0.81	0.88	0.86	0.65	0.81	0.88	0.57	0.7	0.67	0.78	0.97	0.82	0.66	0.83
Total Assets	0.84		0.98	0.81	0.79	-0.38	0.79	0.46	0.98	0.82	0.51	0.76	0.93	0.95	0.98	0.88	0.99	0.96	0.43	0.95	0.92	0.66	0.82	1.0	0.6	1.0
Short Long Term Debt Total	0.74	0.98		0.68	0.68	-0.51	0.69	0.35	0.95	0.91	0.45	0.65	0.9	0.88	0.93	0.92	0.97	0.92	0.34	0.99	0.97	0.54	0.7	0.99	0.55	0.98
Other Current Liab	0.94	0.81	0.68		0.94	0.05	0.89	0.56	0.82	0.4	0.54	0.87	0.78	0.92	0.87	0.54	0.79	0.83	0.5	0.63	0.58	0.86	0.95	0.77	0.55	0.81
Total Current Liabilities	0.89	0.79	0.68	0.94		-0.03	0.84	0.47	0.8	0.45	0.47	0.78	0.76	0.89	0.85	0.48	0.77	0.79	0.45	0.66	0.52	0.91	0.89	0.76	0.58	0.78
Total Stockholder Equity	-0.18	-0.38	-0.51	0.05	-0.03		-0.17	0.16	-0.47	-0.79	-0.07	0.23	-0.48	-0.23	-0.34	-0.66	-0.33	-0.47	-0.07	-0.58	-0.6	0.12	-0.03	-0.47	-0.22	-0.35
Other Liab	0.94	0.79	0.69	0.89	0.84	-0.17		0.64	0.83	0.45	0.5	0.8	0.74	0.82	0.8	0.65	0.77	0.84	0.65	0.64	0.65	0.73	0.95	0.77	0.71	0.79
Property Plant And Equipment Net	0.6	0.46	0.35	0.56	0.47	0.16	0.64		0.46	0.07	0.51	0.63	0.4	0.43	0.4	0.3	0.46	0.47	0.9	0.29	0.32	0.44	0.69	0.42	0.82	0.47
Current Deferred Revenue	0.88	0.98	0.95	0.82	0.8	-0.47	0.83	0.46		0.82	0.52	0.69	0.96	0.95	0.97	0.89	0.95	0.99	0.47	0.93	0.9	0.66	0.84	0.98	0.62	0.97
Net Debt	0.5	0.82	0.91	0.4	0.45	-0.79	0.45	0.07	0.82		0.26	0.28	0.82	0.69	0.78	0.88	0.79	0.79	0.18	0.94	0.91	0.3	0.42	0.87	0.4	0.8
Accounts Payable	0.57	0.51	0.45	0.54	0.47	-0.07	0.5	0.51	0.52	0.26		0.56	0.53	0.53	0.51	0.5	0.48	0.57	0.46	0.36	0.45	0.17	0.56	0.49	0.6	0.5
Cash	0.81	0.76	0.65	0.87	0.78	0.23	0.8	0.63	0.69	0.28	0.56		0.59	0.78	0.74	0.5	0.8	0.69	0.44	0.56	0.58	0.69	0.87	0.7	0.55	0.78
Non Current Assets Total	0.81	0.93	0.9	0.78	0.76	-0.48	0.74	0.4	0.96	0.82	0.53	0.59		0.92	0.95	0.83	0.87	0.95	0.45	0.88	0.86	0.56	0.77	0.94	0.59	0.9
Non Currrent Assets Other	0.88	0.95	0.88	0.92	0.89	-0.23	0.82	0.43	0.95	0.69	0.53	0.78	0.92		0.99	0.75	0.92	0.95	0.41	0.85	0.79	0.77	0.85	0.93	0.5	0.94
Other Assets	0.86	0.98	0.93	0.87	0.85	-0.34	0.8	0.4	0.97	0.78	0.51	0.74	0.95	0.99		0.82	0.95	0.97	0.4	0.91	0.85	0.73	0.82	0.97	0.52	0.97
Long Term Debt	0.65	0.88	0.92	0.54	0.48	-0.66	0.65	0.3	0.89	0.88	0.5	0.5	0.83	0.75	0.82		0.86	0.9	0.33	0.91	0.97	0.32	0.6	0.91	0.52	0.87
Cash And Short Term Investments	0.81	0.99	0.97	0.79	0.77	-0.33	0.77	0.46	0.95	0.79	0.48	0.8	0.87	0.92	0.95	0.86		0.92	0.4	0.95	0.92	0.66	0.8	0.98	0.58	1.0
Net Receivables	0.88	0.96	0.92	0.83	0.79	-0.47	0.84	0.47	0.99	0.79	0.57	0.69	0.95	0.95	0.97	0.9	0.92		0.49	0.9	0.89	0.64	0.83	0.97	0.61	0.95
Common Stock Total Equity	0.57	0.43	0.34	0.5	0.45	-0.07	0.65	0.9	0.47	0.18	0.46	0.44	0.45	0.41	0.4	0.33	0.4	0.49		0.31	0.33	0.41	0.62	0.42	0.82	0.42
Short Term Investments	0.7	0.95	0.99	0.63	0.66	-0.58	0.64	0.29	0.93	0.94	0.36	0.56	0.88	0.85	0.91	0.91	0.95	0.9	0.31		0.95	0.55	0.65	0.97	0.51	0.95
Non Current Liabilities Total	0.67	0.92	0.97	0.58	0.52	-0.6	0.65	0.32	0.9	0.91	0.45	0.58	0.86	0.79	0.85	0.97	0.92	0.89	0.33	0.95		0.36	0.63	0.95	0.53	0.92
Other Current Assets	0.78	0.66	0.54	0.86	0.91	0.12	0.73	0.44	0.66	0.3	0.17	0.69	0.56	0.77	0.73	0.32	0.66	0.64	0.41	0.55	0.36		0.8	0.61	0.38	0.67
Other Stockholder Equity	0.97	0.82	0.7	0.95	0.89	-0.03	0.95	0.69	0.84	0.42	0.56	0.87	0.77	0.85	0.82	0.6	0.8	0.83	0.62	0.65	0.63	0.8		0.78	0.71	0.82
Total Liab	0.82	1.0	0.99	0.77	0.76	-0.47	0.77	0.42	0.98	0.87	0.49	0.7	0.94	0.93	0.97	0.91	0.98	0.97	0.42	0.97	0.95	0.61	0.78		0.59	0.99
Property Plant And Equipment Gross	0.66	0.6	0.55	0.55	0.58	-0.22	0.71	0.82	0.62	0.4	0.6	0.55	0.59	0.5	0.52	0.52	0.58	0.61	0.82	0.51	0.53	0.38	0.71	0.59		0.59
Total Current Assets	0.83	1.0	0.98	0.81	0.78	-0.35	0.79	0.47	0.97	0.8	0.5	0.78	0.9	0.94	0.97	0.87	1.0	0.95	0.42	0.95	0.92	0.67	0.82	0.99	0.59

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Workiva Account Relationship Matchups

Workiva fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	46.3M	48.4M	51.1M	53.0M	54.1M	46.3M
Total Assets	646.4M	707.0M	786.8M	819.6M	1.2B	1.3B
Short Long Term Debt Total	316.4M	325.1M	331.7M	367.4M	793.2M	832.8M
Other Current Liab	49.9M	68.3M	84.1M	84.0M	67.9M	44.4M
Total Current Liabilities	231.9M	281.8M	646.5M	406.9M	484.5M	246.9M
Total Stockholder Equity	65.3M	64.3M	73.0M	6.0M	(89.4M)	(84.9M)
Other Liab	34.1M	37.6M	35.8M	39.8M	45.7M	29.2M
Property Plant And Equipment Net	55.1M	45.2M	46.6M	41.0M	36.9M	44.9M
Current Deferred Revenue	173.6M	209.0M	258.0M	316.3M	405.6M	425.9M
Net Debt	(65.4M)	2.2M	31.3M	127.2M	537.1M	563.9M
Accounts Payable	7.1M	2.8M	4.1M	6.2M	5.2M	4.5M
Cash	381.7M	322.8M	300.4M	240.2M	256.1M	173.3M
Non Current Assets Total	75.2M	73.9M	129.7M	219.5M	209.9M	220.4M
Non Currrent Assets Other	18.4M	27.1M	38.1M	40.5M	38.0M	39.9M
Other Assets	18.4M	27.1M	38.1M	40.5M	46.6M	48.9M
Cash And Short Term Investments	488.0M	530.0M	530.4M	430.8M	813.7M	854.4M
Net Receivables	62.7M	72.1M	80.4M	113.0M	132.6M	139.2M
Short Term Investments	106.2M	207.2M	230.1M	190.6M	557.6M	585.5M
Liabilities And Stockholders Equity	646.4M	707.0M	786.8M	819.6M	1.2B	1.3B
Non Current Liabilities Total	349.1M	360.9M	67.3M	406.7M	823.8M	864.9M
Other Current Assets	6.5M	31.0M	46.3M	18.0M	23.6M	15.6M
Other Stockholder Equity	420.2M	478.7M	525.6M	537.7M	562.9M	338.0M
Total Liab	581.1M	642.7M	713.8M	813.6M	1.3B	1.4B
Property Plant And Equipment Gross	55.1M	29.4M	46.6M	41.0M	62.7M	45.9M
Total Current Assets	571.2M	633.1M	657.1M	600.1M	1.0B	1.1B
Accumulated Other Comprehensive Income	287K	230K	(288K)	(6.7M)	255K	267.8K
Short Term Debt	1.3M	1.7M	300.2M	504K	5.8M	5.5M
Common Stock	47K	49K	51K	53K	54K	56.7K
Property Plant Equipment	55.1M	45.2M	46.6M	41.0M	47.2M	45.3M
Intangible Assets	1.7M	1.6M	10.4M	28.2M	22.9M	24.0M
Net Tangible Assets	63.7M	62.7M	28.0M	(132.0M)	(118.8M)	(112.9M)
Retained Earnings	(355.2M)	(414.7M)	(452.4M)	(525.1M)	(652.6M)	(620.0M)
Retained Earnings Total Equity	(355.2M)	(414.7M)	(452.4M)	(525.1M)	(472.6M)	(496.2M)
Capital Surpluse	420.2M	478.7M	525.6M	537.7M	618.4M	380.9M
Deferred Long Term Liab	15.0M	23.4M	33.1M	33.7M	38.7M	40.7M

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When determining whether Workiva is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Workiva Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Workiva Stock. Highlighted below are key reports to facilitate an investment decision about Workiva Stock:

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workiva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Workiva's price analysis, check to measure Workiva'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 Workiva is operating at the current time. Most of Workiva's value examination focuses on studying past and present price action to predict the probability of Workiva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workiva's price. Additionally, you may evaluate how the addition of Workiva to your portfolios can decrease your overall portfolio volatility.

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Is Workiva'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 Workiva. If investors know Workiva 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 Workiva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.71)

Revenue Per Share

12.049

Quarterly Revenue Growth

0.17

Return On Assets

(0.02)

Return On Equity

(27.63)

The market value of Workiva is measured differently than its book value, which is the value of Workiva that is recorded on the company's balance sheet. Investors also form their own opinion of Workiva's value that differs from its market value or its book value, called intrinsic value, which is Workiva'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 Workiva's market value can be influenced by many factors that don't directly affect Workiva'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 Workiva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workiva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workiva'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.

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Workiva Cash And Short Term Investments vs Accounts Payable Analysis

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Accounts Payable

Workiva fundamental ratios Correlations

Workiva Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Workiva fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Net Debt	- 0.79	Total Stockholder Equity
Long Term Debt	- 0.66	Total Stockholder Equity
Non Current Liabilities Total	- 0.6	Total Stockholder Equity
Short Term Investments	- 0.58	Total Stockholder Equity
Total Stockholder Equity	- 0.51	Short Long Term Debt Total
Non Current Assets Total	- 0.48	Total Stockholder Equity