WixCom Return On Assets from 2010 to 2024

WIX Stock  USD 121.69  2.49  2.01%   
WixCom Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit WixCom earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01836724
Current Value
0.0193
Quarterly Volatility
0.42404868
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WixCom financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WixCom main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.8 M, Interest Expense of 5.8 M or Selling General Administrative of 168 M, as well as many exotic indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0011 or Days Sales Outstanding of 14.09. WixCom financial statements analysis is a perfect complement when working with WixCom Valuation or Volatility modules.
  
This module can also supplement WixCom's financial leverage analysis and stock options assessment as well as various WixCom Technical models . Check out the analysis of WixCom Correlation against competitors.
For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.

Latest WixCom's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of WixCom over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. WixCom's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WixCom's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

WixCom Return On Assets Regression Statistics

Arithmetic Mean(0.36)
Coefficient Of Variation(119.32)
Mean Deviation0.32
Median(0.22)
Standard Deviation0.42
Sample Variance0.18
Range1.24
R-Value0.83
Mean Square Error0.06
R-Squared0.69
Significance0.0001
Slope0.08
Total Sum of Squares2.52

WixCom Return On Assets History

2024 0.0193
2023 0.0184
2022 -0.24
2021 -0.0569
2020 -0.12
2019 -0.0786
2018 -0.0439

About WixCom Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include WixCom income statement, its balance sheet, and the statement of cash flows. WixCom investors use historical funamental indicators, such as WixCom's Return On Assets, to determine how well the company is positioned to perform in the future. Although WixCom investors may use each financial statement separately, they are all related. The changes in WixCom's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WixCom's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on WixCom Financial Statements. Understanding these patterns can help to make the right decision on long term investment in WixCom. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.02 

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.
When determining whether WixCom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WixCom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wixcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wixcom Stock:
Check out the analysis of WixCom Correlation against competitors.
For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for WixCom Stock analysis

When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Is WixCom'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 WixCom. If investors know WixCom 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 WixCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.57
Revenue Per Share
27.48
Quarterly Revenue Growth
0.137
Return On Assets
0.0021
Return On Equity
(7.54)
The market value of WixCom is measured differently than its book value, which is the value of WixCom that is recorded on the company's balance sheet. Investors also form their own opinion of WixCom's value that differs from its market value or its book value, called intrinsic value, which is WixCom'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 WixCom's market value can be influenced by many factors that don't directly affect WixCom'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 WixCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if WixCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WixCom'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.