WonderFi Net Invested Capital vs Total Stockholder Equity Analysis

WNDR Stock

0.17 0.02 10.53%

WonderFi Technologies financial indicator trend analysis is more than just analyzing WonderFi Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WonderFi Technologies is a good investment. Please check the relationship between WonderFi Technologies Net Invested Capital and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WonderFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WonderFi Technologies Net Invested Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between WonderFi Technologies' Net Invested Capital and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of WonderFi Technologies, assuming nothing else is changed. The correlation between historical values of WonderFi Technologies' Net Invested Capital and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of WonderFi Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Invested Capital i.e., WonderFi Technologies' Net Invested Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from WonderFi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WonderFi Technologies 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 WonderFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, WonderFi Technologies' Selling General Administrative is very stable compared to the past year. As of the 8th of November 2024, Enterprise Value is likely to grow to about 97.9 M, while Tax Provision is likely to drop (900.3 K).

	2020	2022	2023	2024 (projected)
Other Operating Expenses	5.1M	47.1M	44.6M	46.8M
Depreciation And Amortization	1.8K	5.3M	9.7M	10.2M

Other Operating Expenses Depreciation And Amortization

WonderFi Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Capital Surpluse	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Net Working Capital
Total Assets		1.0	1.0	0.7	-0.72	-0.99	0.77	0.77	0.61	1.0	0.99	1.0	1.0	0.98	0.32	0.84	0.88	0.74	0.95	0.91	0.9	0.77	0.92	0.95	0.93	0.19
Other Current Liab	1.0		1.0	0.63	-0.72	-1.0	0.76	0.76	0.53	1.0	1.0	1.0	1.0	0.96	0.23	0.78	0.83	0.67	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.28
Total Current Liabilities	1.0	1.0		0.63	-0.72	-1.0	0.76	0.76	0.53	1.0	1.0	1.0	1.0	0.96	0.23	0.78	0.84	0.68	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.28
Total Stockholder Equity	0.7	0.63	0.63		-0.48	-0.61	0.57	0.57	0.97	0.67	0.63	0.64	0.64	0.82	0.86	0.96	0.94	0.97	0.87	0.51	0.93	0.97	0.89	0.87	0.87	-0.44
Net Debt	-0.72	-0.72	-0.72	-0.48		0.73	-0.99	-0.99	-0.28	-0.76	-0.72	-0.72	-0.73	-0.7	-0.03	-0.48	-0.53	-0.38	-0.61	-0.71	-0.56	-0.41	-0.59	-0.61	-0.61	-0.34
Retained Earnings	-0.99	-1.0	-1.0	-0.61	0.73		-0.76	-0.76	-0.5	-0.99	-1.0	-1.0	-1.0	-0.94	-0.19	-0.76	-0.82	-0.64	-0.9	-0.95	-0.85	-0.67	-0.88	-0.9	-0.9	-0.34
Cash	0.77	0.76	0.76	0.57	-0.99	-0.76		1.0	0.4	0.8	0.76	0.76	0.77	0.77	0.15	0.58	0.62	0.49	0.69	0.71	0.64	0.52	0.66	0.69	0.67	0.24
Cash And Short Term Investments	0.77	0.76	0.76	0.57	-0.99	-0.76	1.0		0.4	0.8	0.76	0.76	0.77	0.77	0.15	0.58	0.62	0.49	0.69	0.71	0.64	0.52	0.66	0.69	0.67	0.24
Net Receivables	0.61	0.53	0.53	0.97	-0.28	-0.5	0.4	0.4		0.57	0.53	0.54	0.54	0.75	0.94	0.94	0.9	0.98	0.82	0.38	0.88	0.97	0.83	0.82	0.8	-0.58
Common Stock Shares Outstanding	1.0	1.0	1.0	0.67	-0.76	-0.99	0.8	0.8	0.57		1.0	1.0	1.0	0.97	0.27	0.81	0.86	0.7	0.93	0.92	0.87	0.73	0.9	0.93	0.91	0.24
Other Current Assets	0.99	1.0	1.0	0.63	-0.72	-1.0	0.76	0.76	0.53	1.0		1.0	1.0	0.96	0.23	0.78	0.83	0.67	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.29
Total Liab	1.0	1.0	1.0	0.64	-0.72	-1.0	0.76	0.76	0.54	1.0	1.0		1.0	0.96	0.24	0.79	0.84	0.68	0.93	0.93	0.86	0.71	0.89	0.93	0.91	0.27
Total Current Assets	1.0	1.0	1.0	0.64	-0.73	-1.0	0.77	0.77	0.54	1.0	1.0	1.0		0.96	0.23	0.79	0.84	0.68	0.92	0.93	0.86	0.7	0.89	0.92	0.9	0.28
Common Stock	0.98	0.96	0.96	0.82	-0.7	-0.94	0.77	0.77	0.75	0.97	0.96	0.96	0.96		0.49	0.92	0.95	0.85	0.99	0.84	0.95	0.87	0.96	0.99	0.96	0.02
Short Long Term Debt Total	0.32	0.23	0.23	0.86	-0.03	-0.19	0.15	0.15	0.94	0.27	0.23	0.24	0.23	0.49		0.78	0.71	0.87	0.59	0.05	0.67	0.85	0.59	0.59	0.55	-0.81
Property Plant And Equipment Net	0.84	0.78	0.78	0.96	-0.48	-0.76	0.58	0.58	0.94	0.81	0.78	0.79	0.79	0.92	0.78		0.99	0.98	0.96	0.65	0.98	0.99	0.96	0.96	0.95	-0.31
Accounts Payable	0.88	0.83	0.84	0.94	-0.53	-0.82	0.62	0.62	0.9	0.86	0.83	0.84	0.84	0.95	0.71	0.99		0.95	0.98	0.73	1.0	0.96	0.99	0.98	0.98	-0.2
Non Current Assets Total	0.74	0.67	0.68	0.97	-0.38	-0.64	0.49	0.49	0.98	0.7	0.67	0.68	0.68	0.85	0.87	0.98	0.95		0.91	0.49	0.93	1.0	0.89	0.91	0.87	-0.48
Non Currrent Assets Other	0.95	0.92	0.92	0.87	-0.61	-0.9	0.69	0.69	0.82	0.93	0.92	0.93	0.92	0.99	0.59	0.96	0.98	0.91		0.79	0.98	0.92	0.97	1.0	0.97	-0.09
Capital Surpluse	0.91	0.93	0.93	0.51	-0.71	-0.95	0.71	0.71	0.38	0.92	0.93	0.93	0.93	0.84	0.05	0.65	0.73	0.49	0.79		0.77	0.53	0.83	0.79	0.86	0.52
Other Stockholder Equity	0.9	0.86	0.86	0.93	-0.56	-0.85	0.64	0.64	0.88	0.87	0.86	0.86	0.86	0.95	0.67	0.98	1.0	0.93	0.98	0.77		0.94	0.99	0.98	0.99	-0.14
Net Invested Capital	0.77	0.7	0.7	0.97	-0.41	-0.67	0.52	0.52	0.97	0.73	0.7	0.71	0.7	0.87	0.85	0.99	0.96	1.0	0.92	0.53	0.94		0.9	0.92	0.88	-0.45
Property Plant And Equipment Gross	0.92	0.89	0.89	0.89	-0.59	-0.88	0.66	0.66	0.83	0.9	0.89	0.89	0.89	0.96	0.59	0.96	0.99	0.89	0.97	0.83	0.99	0.9		0.97	1.0	-0.03
Short Long Term Debt	0.95	0.92	0.92	0.87	-0.61	-0.9	0.69	0.69	0.82	0.93	0.92	0.93	0.92	0.99	0.59	0.96	0.98	0.91	1.0	0.79	0.98	0.92	0.97		0.97	-0.09
Capital Stock	0.93	0.9	0.9	0.87	-0.61	-0.9	0.67	0.67	0.8	0.91	0.9	0.91	0.9	0.96	0.55	0.95	0.98	0.87	0.97	0.86	0.99	0.88	1.0	0.97		0.01
Net Working Capital	0.19	0.28	0.28	-0.44	-0.34	-0.34	0.24	0.24	-0.58	0.24	0.29	0.27	0.28	0.02	-0.81	-0.31	-0.2	-0.48	-0.09	0.52	-0.14	-0.45	-0.03	-0.09	0.01

Click cells to compare fundamentals

WonderFi Technologies Account Relationship Matchups

Pair Trading with WonderFi Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WonderFi Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WonderFi Technologies will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to WonderFi Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WonderFi Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WonderFi Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WonderFi Technologies to buy it.

The correlation of WonderFi Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WonderFi Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WonderFi Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for WonderFi Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in WonderFi Stock

Balance Sheet is a snapshot of the financial position of WonderFi Technologies at a specified time, usually calculated after every quarter, six months, or one year. WonderFi Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WonderFi Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WonderFi currently owns. An asset can also be divided into two categories, current and non-current.

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

WonderFi Net Invested Capital vs Total Stockholder Equity Analysis

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Stockholder Equity

WonderFi Technologies fundamental ratios Correlations

WonderFi Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with WonderFi Technologies

Other Information on Investing in WonderFi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab

Total Current Assets	- 1.0	Retained Earnings
Total Liab	- 1.0	Retained Earnings
Other Current Assets	- 1.0	Retained Earnings
Retained Earnings	- 1.0	Total Current Liabilities
Retained Earnings	- 1.0	Other Current Liab
Common Stock Shares Outstanding	- 0.99	Retained Earnings