Workiva Selling General Administrative vs Income Before Tax Analysis

WK Stock  USD 80.62  0.69  0.86%   
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 Selling General Administrative and its Income Before Tax 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.

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workiva Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Workiva's Selling General Administrative and Income Before Tax is -0.92. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Workiva, assuming nothing else is changed. The correlation between historical values of Workiva's Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Workiva are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., Workiva's Selling General Administrative and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling General Administrative

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Workiva income statement and is an important metric when analyzing Workiva profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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
(2.36)
Revenue Per Share
11.646
Quarterly Revenue Growth
0.159
Return On Assets
(0.04)
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.