Workiva Selling General Administrative vs Tax Provision 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 Tax Provision 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 Tax Provision

Selling General Administrative vs Tax Provision 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 Tax Provision. At this time, the significance of the direction appears to have strong relationship.

The correlation between Workiva's Selling General Administrative and Tax Provision is 0.72. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision 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 Tax Provision 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 Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling General Administrative i.e., Workiva's Selling General Administrative and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Selling General Administrative

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax 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

Click cells to compare fundamentals

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

Workiva Investors Sentiment

The influence of Workiva's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Workiva. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Workiva's public news can be used to forecast risks associated with an investment in Workiva. The trend in average sentiment can be used to explain how an investor holding Workiva can time the market purely based on public headlines and social activities around Workiva. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Workiva's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Workiva's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Workiva's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Workiva.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Workiva in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Workiva's short interest history, or implied volatility extrapolated from Workiva options trading.

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.

GM	General Motors
S	SentinelOne
MSFT	Microsoft

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:

How To Invest In Workiva

Details

Is Workiva Stock a good investment?

Details

What is Workiva's Net Worth?

Details

Largest Application Software Companies

View

Largest Software - Application Companies

View

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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Workiva Stock analysis

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.

	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Workiva Selling General Administrative vs Tax Provision Analysis

Selling General Administrative vs Tax Provision

Selling General Administrative vs Tax Provision Correlation Analysis

Correlation Coefficient

Selling General Administrative

Tax Provision

Workiva fundamental ratios Correlations

Workiva Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Workiva fundamental ratios Accounts

Workiva Investors Sentiment

Also Currently Popular

Complementary Tools for Workiva Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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