Workiva Long Term Debt vs Non Current Liabilities Total 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 Long Term Debt and its Non Current Liabilities Total 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.
Long Term Debt vs Non Current Liabilities Total
Long Term Debt vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workiva Long Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Workiva's Long Term Debt and Non Current Liabilities Total is 0.97. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Workiva, assuming nothing else is changed. The correlation between historical values of Workiva's Long Term Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Workiva are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Long Term Debt i.e., Workiva's Long Term Debt and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Workiva has held for over one year. Long-term debt appears on Workiva balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Workiva balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Non Current Liabilities Total
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 |
Workiva fundamental ratios Correlations
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Workiva Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 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: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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.