Workiva Non Current Assets Total vs Property Plant And Equipment Net 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 Non Current Assets Total and its Property Plant And Equipment Net 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.

Non Current Assets Total vs Property Plant And Equipment Net

Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workiva Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Workiva's Non Current Assets Total and Property Plant And Equipment Net is 0.4. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Workiva, assuming nothing else is changed. The correlation between historical values of Workiva's Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Workiva are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Workiva's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Profit339.5M408.0M475.8M499.6M
Total Revenue443.3M537.9M630.0M661.5M

Workiva fundamental ratios Correlations

0.840.740.940.89-0.180.940.60.880.50.570.810.810.880.860.650.810.880.570.70.670.780.970.820.660.83
0.840.980.810.79-0.380.790.460.980.820.510.760.930.950.980.880.990.960.430.950.920.660.821.00.61.0
0.740.980.680.68-0.510.690.350.950.910.450.650.90.880.930.920.970.920.340.990.970.540.70.990.550.98
0.940.810.680.940.050.890.560.820.40.540.870.780.920.870.540.790.830.50.630.580.860.950.770.550.81
0.890.790.680.94-0.030.840.470.80.450.470.780.760.890.850.480.770.790.450.660.520.910.890.760.580.78
-0.18-0.38-0.510.05-0.03-0.170.16-0.47-0.79-0.070.23-0.48-0.23-0.34-0.66-0.33-0.47-0.07-0.58-0.60.12-0.03-0.47-0.22-0.35
0.940.790.690.890.84-0.170.640.830.450.50.80.740.820.80.650.770.840.650.640.650.730.950.770.710.79
0.60.460.350.560.470.160.640.460.070.510.630.40.430.40.30.460.470.90.290.320.440.690.420.820.47
0.880.980.950.820.8-0.470.830.460.820.520.690.960.950.970.890.950.990.470.930.90.660.840.980.620.97
0.50.820.910.40.45-0.790.450.070.820.260.280.820.690.780.880.790.790.180.940.910.30.420.870.40.8
0.570.510.450.540.47-0.070.50.510.520.260.560.530.530.510.50.480.570.460.360.450.170.560.490.60.5
0.810.760.650.870.780.230.80.630.690.280.560.590.780.740.50.80.690.440.560.580.690.870.70.550.78
0.810.930.90.780.76-0.480.740.40.960.820.530.590.920.950.830.870.950.450.880.860.560.770.940.590.9
0.880.950.880.920.89-0.230.820.430.950.690.530.780.920.990.750.920.950.410.850.790.770.850.930.50.94
0.860.980.930.870.85-0.340.80.40.970.780.510.740.950.990.820.950.970.40.910.850.730.820.970.520.97
0.650.880.920.540.48-0.660.650.30.890.880.50.50.830.750.820.860.90.330.910.970.320.60.910.520.87
0.810.990.970.790.77-0.330.770.460.950.790.480.80.870.920.950.860.920.40.950.920.660.80.980.581.0
0.880.960.920.830.79-0.470.840.470.990.790.570.690.950.950.970.90.920.490.90.890.640.830.970.610.95
0.570.430.340.50.45-0.070.650.90.470.180.460.440.450.410.40.330.40.490.310.330.410.620.420.820.42
0.70.950.990.630.66-0.580.640.290.930.940.360.560.880.850.910.910.950.90.310.950.550.650.970.510.95
0.670.920.970.580.52-0.60.650.320.90.910.450.580.860.790.850.970.920.890.330.950.360.630.950.530.92
0.780.660.540.860.910.120.730.440.660.30.170.690.560.770.730.320.660.640.410.550.360.80.610.380.67
0.970.820.70.950.89-0.030.950.690.840.420.560.870.770.850.820.60.80.830.620.650.630.80.780.710.82
0.821.00.990.770.76-0.470.770.420.980.870.490.70.940.930.970.910.980.970.420.970.950.610.780.590.99
0.660.60.550.550.58-0.220.710.820.620.40.60.550.590.50.520.520.580.610.820.510.530.380.710.590.59
0.831.00.980.810.78-0.350.790.470.970.80.50.780.90.940.970.871.00.950.420.950.920.670.820.990.59
Click cells to compare fundamentals

Workiva Account Relationship Matchups

Workiva fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding46.3M48.4M51.1M53.0M54.1M46.3M
Total Assets646.4M707.0M786.8M819.6M1.2B1.3B
Short Long Term Debt Total316.4M325.1M331.7M367.4M793.2M832.8M
Other Current Liab49.9M68.3M84.1M84.0M67.9M44.4M
Total Current Liabilities231.9M281.8M646.5M406.9M484.5M246.9M
Total Stockholder Equity65.3M64.3M73.0M6.0M(89.4M)(84.9M)
Other Liab34.1M37.6M35.8M39.8M45.7M29.2M
Property Plant And Equipment Net55.1M45.2M46.6M41.0M36.9M44.9M
Current Deferred Revenue173.6M209.0M258.0M316.3M405.6M425.9M
Net Debt(65.4M)2.2M31.3M127.2M537.1M563.9M
Accounts Payable7.1M2.8M4.1M6.2M5.2M4.5M
Cash381.7M322.8M300.4M240.2M256.1M173.3M
Non Current Assets Total75.2M73.9M129.7M219.5M209.9M220.4M
Non Currrent Assets Other18.4M27.1M38.1M40.5M38.0M39.9M
Other Assets18.4M27.1M38.1M40.5M46.6M48.9M
Cash And Short Term Investments488.0M530.0M530.4M430.8M813.7M854.4M
Net Receivables62.7M72.1M80.4M113.0M132.6M139.2M
Short Term Investments106.2M207.2M230.1M190.6M557.6M585.5M
Liabilities And Stockholders Equity646.4M707.0M786.8M819.6M1.2B1.3B
Non Current Liabilities Total349.1M360.9M67.3M406.7M823.8M864.9M
Other Current Assets6.5M31.0M46.3M18.0M23.6M15.6M
Other Stockholder Equity420.2M478.7M525.6M537.7M562.9M338.0M
Total Liab581.1M642.7M713.8M813.6M1.3B1.4B
Property Plant And Equipment Gross55.1M29.4M46.6M41.0M62.7M45.9M
Total Current Assets571.2M633.1M657.1M600.1M1.0B1.1B
Accumulated Other Comprehensive Income287K230K(288K)(6.7M)255K267.8K
Short Term Debt1.3M1.7M300.2M504K5.8M5.5M
Common Stock47K49K51K53K54K56.7K
Property Plant Equipment55.1M45.2M46.6M41.0M47.2M45.3M
Intangible Assets1.7M1.6M10.4M28.2M22.9M24.0M
Net Tangible Assets63.7M62.7M28.0M(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 Surpluse420.2M478.7M525.6M537.7M618.4M380.9M
Deferred Long Term Liab15.0M23.4M33.1M33.7M38.7M40.7M

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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:
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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.