Weis Property Plant Equipment vs Net Tangible Assets Analysis

WMK Stock  USD 68.88  0.36  0.53%   
Weis Markets financial indicator trend analysis is more than just analyzing Weis Markets current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weis Markets is a good investment. Please check the relationship between Weis Markets Property Plant Equipment and its Net Tangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.

Property Plant Equipment vs Net Tangible Assets

Property Plant Equipment vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weis Markets Property Plant Equipment account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Weis Markets' Property Plant Equipment and Net Tangible Assets is 0.88. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Weis Markets, assuming nothing else is changed. The correlation between historical values of Weis Markets' Property Plant Equipment and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Weis Markets are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., Weis Markets' Property Plant Equipment and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Weis Markets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weis Markets 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 Weis Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.At this time, Weis Markets' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 11.95 this year, although the value of Selling General Administrative will most likely fall to about 669.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.1B688.5M
Total Revenue4.2B4.7B4.7B2.6B

Weis Markets fundamental ratios Correlations

0.670.980.990.980.770.980.10.870.440.35-0.670.810.850.83-0.610.850.650.920.760.150.930.73-0.170.720.19
0.670.70.620.650.490.590.320.540.44-0.01-0.150.60.390.54-0.160.610.470.660.580.280.580.140.160.130.36
0.980.70.960.990.80.960.00.840.330.43-0.690.760.880.77-0.660.810.550.850.770.170.970.71-0.270.70.25
0.990.620.960.960.721.00.10.880.470.35-0.710.80.860.85-0.640.840.690.930.740.140.920.78-0.180.770.13
0.980.650.990.960.840.96-0.050.840.290.42-0.70.760.890.76-0.670.80.530.820.740.110.940.71-0.310.70.2
0.770.490.80.720.840.75-0.230.80.130.44-0.710.750.780.6-0.730.770.410.540.580.010.740.6-0.440.60.13
0.980.590.961.00.960.750.030.880.420.4-0.760.780.90.83-0.710.830.660.90.720.110.920.82-0.250.810.11
0.10.320.00.1-0.05-0.230.030.180.85-0.660.430.41-0.360.40.540.330.540.410.230.28-0.09-0.210.88-0.220.28
0.870.540.840.880.840.80.880.180.580.31-0.710.950.750.94-0.650.980.780.810.790.190.810.71-0.140.710.15
0.440.440.330.470.290.130.420.850.58-0.36-0.040.730.030.730.080.690.880.720.410.260.250.230.670.230.15
0.35-0.010.430.350.420.440.4-0.660.31-0.36-0.670.130.640.11-0.680.21-0.060.150.230.040.560.6-0.70.59-0.14
-0.67-0.15-0.69-0.71-0.7-0.71-0.760.43-0.71-0.04-0.67-0.51-0.89-0.540.98-0.6-0.38-0.51-0.360.12-0.69-0.930.69-0.930.07
0.810.60.760.80.760.750.780.410.950.730.13-0.510.570.91-0.440.990.830.830.740.220.70.570.110.570.22
0.850.390.880.860.890.780.9-0.360.750.030.64-0.890.570.59-0.880.650.380.640.62-0.040.880.85-0.630.850.0
0.830.540.770.850.760.60.830.40.940.730.11-0.540.910.59-0.450.940.850.860.760.310.730.620.110.610.19
-0.61-0.16-0.66-0.64-0.67-0.73-0.710.54-0.650.08-0.680.98-0.44-0.88-0.45-0.53-0.28-0.4-0.320.16-0.65-0.840.78-0.840.05
0.850.610.810.840.80.770.830.330.980.690.21-0.60.990.650.94-0.530.820.840.780.230.760.630.020.630.22
0.650.470.550.690.530.410.660.540.780.88-0.06-0.380.830.380.85-0.280.820.820.560.240.480.50.370.5-0.14
0.920.660.850.930.820.540.90.410.810.720.15-0.510.830.640.86-0.40.840.820.670.190.790.670.160.660.16
0.760.580.770.740.740.580.720.230.790.410.23-0.360.740.620.76-0.320.780.560.670.40.820.4-0.010.390.16
0.150.280.170.140.110.010.110.280.190.260.040.120.22-0.040.310.160.230.240.190.40.23-0.030.27-0.05-0.01
0.930.580.970.920.940.740.92-0.090.810.250.56-0.690.70.880.73-0.650.760.480.790.820.230.71-0.320.70.22
0.730.140.710.780.710.60.82-0.210.710.230.6-0.930.570.850.62-0.840.630.50.670.4-0.030.71-0.481.0-0.08
-0.170.16-0.27-0.18-0.31-0.44-0.250.88-0.140.67-0.70.690.11-0.630.110.780.020.370.16-0.010.27-0.32-0.48-0.490.06
0.720.130.70.770.70.60.81-0.220.710.230.59-0.930.570.850.61-0.840.630.50.660.39-0.050.71.0-0.49-0.09
0.190.360.250.130.20.130.110.280.150.15-0.140.070.220.00.190.050.22-0.140.160.16-0.010.22-0.080.06-0.09
Click cells to compare fundamentals

Weis Markets Account Relationship Matchups

Weis Markets fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B1.9B2.0B2.1B1.1B
Other Current Liab63.4M75.0M74.6M83.2M61.5M55.7M
Total Current Liabilities291.9M346.3M345.2M345.4M340.8M185.1M
Total Stockholder Equity1.1B1.1B1.2B1.3B1.4B854.4M
Property Plant And Equipment Net1.1B1.1B1.2B1.1B1.1B578.6M
Net Debt151.9M71.6M115.6M28.0M(1.2M)(1.3M)
Retained Earnings1.2B1.3B1.4B1.4B1.5B967.8M
Cash66.9M136.6M86.0M158.0M184.2M193.4M
Non Current Assets Total1.2B1.2B1.2B1.2B1.2B1.3B
Cash And Short Term Investments149.3M271.2M318.9M367.1M436.9M458.7M
Net Receivables55.8M56.8M52.1M50.9M65.1M45.3M
Liabilities And Stockholders Equity1.7B1.8B1.9B2.0B2.1B1.1B
Non Current Liabilities Total324.9M328.0M345.5M312.0M352.1M369.7M
Inventory279.8M269.0M269.6M293.3M296.2M202.1M
Other Current Assets23.4M29.2M31.1M29.9M34.1M32.4M
Total Liab616.8M674.3M690.7M657.3M692.9M727.5M
Property Plant And Equipment Gross1.1B924.4M2.6B2.7B2.8B2.9B
Total Current Assets508.3M626.2M671.7M741.2M832.2M519.1M
Accumulated Other Comprehensive Income1.5M3.3M1.7M(6.4M)(1.2M)(1.3M)
Intangible Assets17.8M17.6M17.5M18.8M17.9M15.1M
Non Currrent Assets Other(97.0M)(103.4M)990K(88.5M)1.7M1.8M
Accounts Payable180.7M221.6M218.8M206.8M226.2M133.3M
Short Term Investments82.5M134.6M232.8M209.1M252.6M265.3M
Other Assets716K199.9M990K1.8M2.0M1.9M
Property Plant Equipment886.9M924.4M977.8M970.9M1.1B714.4M
Current Deferred Revenue8.7M10.6M11.9M11.8M12.4M7.6M
Other Liab145.2M159.0M183.9M169.5M195.0M204.7M
Short Term Debt39.1M39.2M39.9M43.5M40.7M28.7M
Net Tangible Assets1.0B1.1B1.2B1.2B1.4B1.0B
Retained Earnings Total Equity1.2B1.3B1.4B1.4B1.7B1.2B
Deferred Long Term Liab97.0M103.4M115.1M111.2M127.9M108.4M
Non Current Liabilities Other227.8M224.6M230.4M200.7M9.9M9.4M

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When determining whether Weis Markets 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 Weis 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 Weis Markets Stock. Highlighted below are key reports to facilitate an investment decision about Weis Markets Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is Weis Markets' 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 Weis Markets. If investors know Weis 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 Weis Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
1.36
Earnings Share
3.76
Revenue Per Share
175.852
Quarterly Revenue Growth
0.029
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.