WixCom Net Income vs Selling General Administrative Analysis

WIX Stock

USD 121.22 0.41 0.34%

WixCom financial indicator trend analysis is more than just analyzing WixCom current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WixCom is a good investment. Please check the relationship between WixCom Net Income and its Selling General Administrative accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between WixCom's Net Income and Selling General Administrative is -0.4. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Net Income and Selling General Administrative 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 Income of WixCom are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., WixCom's Net Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in WixCom financial statement analysis. It represents the amount of money remaining after all of WixCom operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Selling General Administrative

Most indicators from WixCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WixCom 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 WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.At this time, WixCom's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, despite the fact that Tax Provision is likely to grow to (6.4 M).

	2021	2022	2023	2024 (projected)
Interest Expense	5.3M	5.2M	4.2M	5.8M
Depreciation And Amortization	18.9M	22.9M	26.4M	27.8M

Interest Expense Depreciation And Amortization

WixCom fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity
Common Stock Shares Outstanding		0.81	0.75	0.83	0.02	0.72	0.55	0.81	0.71	-0.78	0.79	0.62	0.75	0.63	0.56	0.84	0.71	0.6	0.79	0.76	0.71	0.6	0.81	0.8	0.53	-0.23
Total Assets	0.81		0.96	0.88	0.06	0.94	0.77	0.96	0.85	-0.92	0.86	0.84	0.98	0.79	0.64	0.94	0.88	0.73	0.89	0.99	0.69	0.81	0.98	0.99	0.75	-0.48
Other Current Liab	0.75	0.96		0.89	-0.08	0.91	0.77	0.91	0.91	-0.91	0.82	0.73	0.97	0.78	0.65	0.88	0.85	0.65	0.87	0.94	0.62	0.8	0.93	0.97	0.75	-0.44
Total Current Liabilities	0.83	0.88	0.89		-0.21	0.83	0.64	0.87	0.9	-0.9	0.88	0.63	0.83	0.76	0.68	0.91	0.78	0.75	0.88	0.82	0.61	0.67	0.85	0.91	0.61	-0.2
Total Stockholder Equity	0.02	0.06	-0.08	-0.21		-0.12	-0.35	-0.15	-0.07	0.3	0.09	-0.02	0.0	0.14	0.21	0.17	-0.27	0.15	0.19	0.04	0.27	-0.31	0.01	-0.09	-0.35	0.26
Other Liab	0.72	0.94	0.91	0.83	-0.12		0.81	0.94	0.78	-0.9	0.81	0.84	0.94	0.8	0.64	0.85	0.9	0.63	0.78	0.96	0.7	0.82	0.91	0.96	0.8	-0.55
Property Plant And Equipment Net	0.55	0.77	0.77	0.64	-0.35	0.81		0.88	0.52	-0.9	0.4	0.88	0.83	0.32	0.09	0.56	0.97	0.49	0.43	0.82	0.32	0.99	0.84	0.82	1.0	-0.86
Current Deferred Revenue	0.81	0.96	0.91	0.87	-0.15	0.94	0.88		0.74	-0.98	0.76	0.9	0.95	0.65	0.48	0.85	0.97	0.72	0.76	0.95	0.63	0.91	0.98	0.98	0.87	-0.63
Net Debt	0.71	0.85	0.91	0.9	-0.07	0.78	0.52	0.74		-0.78	0.87	0.46	0.84	0.83	0.77	0.87	0.65	0.58	0.93	0.82	0.59	0.58	0.78	0.86	0.49	-0.11
Retained Earnings	-0.78	-0.92	-0.91	-0.9	0.3	-0.9	-0.9	-0.98	-0.78		-0.72	-0.83	-0.93	-0.59	-0.42	-0.8	-0.97	-0.7	-0.73	-0.91	-0.55	-0.93	-0.95	-0.96	-0.89	0.61
Accounts Payable	0.79	0.86	0.82	0.88	0.09	0.81	0.4	0.76	0.87	-0.72		0.55	0.78	0.93	0.9	0.93	0.61	0.68	0.97	0.8	0.76	0.45	0.78	0.85	0.38	-0.05
Cash	0.62	0.84	0.73	0.63	-0.02	0.84	0.88	0.9	0.46	-0.83	0.55		0.82	0.46	0.26	0.71	0.91	0.63	0.54	0.87	0.47	0.86	0.88	0.84	0.88	-0.76
Non Current Assets Total	0.75	0.98	0.97	0.83	0.0	0.94	0.83	0.95	0.84	-0.93	0.78	0.82		0.73	0.56	0.87	0.91	0.67	0.83	0.99	0.66	0.87	0.97	0.98	0.82	-0.57
Non Currrent Assets Other	0.63	0.79	0.78	0.76	0.14	0.8	0.32	0.65	0.83	-0.59	0.93	0.46	0.73		0.97	0.84	0.5	0.54	0.9	0.76	0.77	0.35	0.66	0.76	0.3	-0.01
Other Assets	0.56	0.64	0.65	0.68	0.21	0.64	0.09	0.48	0.77	-0.42	0.9	0.26	0.56	0.97		0.77	0.29	0.48	0.86	0.59	0.73	0.13	0.49	0.61	0.06	0.24
Cash And Short Term Investments	0.84	0.94	0.88	0.91	0.17	0.85	0.56	0.85	0.87	-0.8	0.93	0.71	0.87	0.84	0.77		0.72	0.78	0.95	0.9	0.71	0.6	0.88	0.91	0.54	-0.18
Net Receivables	0.71	0.88	0.85	0.78	-0.27	0.9	0.97	0.97	0.65	-0.97	0.61	0.91	0.91	0.5	0.29	0.72		0.62	0.61	0.9	0.49	0.97	0.93	0.92	0.96	-0.76
Common Stock Total Equity	0.6	0.73	0.65	0.75	0.15	0.63	0.49	0.72	0.58	-0.7	0.68	0.63	0.67	0.54	0.48	0.78	0.62		0.69	0.67	0.68	0.54	0.76	0.7	0.48	-0.19
Short Term Investments	0.79	0.89	0.87	0.88	0.19	0.78	0.43	0.76	0.93	-0.73	0.97	0.54	0.83	0.9	0.86	0.95	0.61	0.69		0.84	0.72	0.49	0.81	0.86	0.4	-0.06
Non Current Liabilities Total	0.76	0.99	0.94	0.82	0.04	0.96	0.82	0.95	0.82	-0.91	0.8	0.87	0.99	0.76	0.59	0.9	0.9	0.67	0.84		0.66	0.84	0.96	0.98	0.8	-0.56
Inventory	0.71	0.69	0.62	0.61	0.27	0.7	0.32	0.63	0.59	-0.55	0.76	0.47	0.66	0.77	0.73	0.71	0.49	0.68	0.72	0.66		0.38	0.65	0.65	0.31	-0.12
Other Current Assets	0.6	0.81	0.8	0.67	-0.31	0.82	0.99	0.91	0.58	-0.93	0.45	0.86	0.87	0.35	0.13	0.6	0.97	0.54	0.49	0.84	0.38		0.88	0.85	0.99	-0.84
Other Stockholder Equity	0.81	0.98	0.93	0.85	0.01	0.91	0.84	0.98	0.78	-0.95	0.78	0.88	0.97	0.66	0.49	0.88	0.93	0.76	0.81	0.96	0.65	0.88		0.97	0.83	-0.59
Total Liab	0.8	0.99	0.97	0.91	-0.09	0.96	0.82	0.98	0.86	-0.96	0.85	0.84	0.98	0.76	0.61	0.91	0.92	0.7	0.86	0.98	0.65	0.85	0.97		0.8	-0.52
Property Plant And Equipment Gross	0.53	0.75	0.75	0.61	-0.35	0.8	1.0	0.87	0.49	-0.89	0.38	0.88	0.82	0.3	0.06	0.54	0.96	0.48	0.4	0.8	0.31	0.99	0.83	0.8		-0.87
Preferred Stock Total Equity	-0.23	-0.48	-0.44	-0.2	0.26	-0.55	-0.86	-0.63	-0.11	0.61	-0.05	-0.76	-0.57	-0.01	0.24	-0.18	-0.76	-0.19	-0.06	-0.56	-0.12	-0.84	-0.59	-0.52	-0.87

Click cells to compare fundamentals

WixCom Account Relationship Matchups

WixCom fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	50.5M	54.4M	57.0M	58.0M	58.4M	46.6M
Total Assets	1.1B	1.8B	2.1B	1.8B	1.8B	1.9B
Other Current Liab	98.4M	141.2M	146.1M	174.3M	133.1M	139.8M
Total Current Liabilities	444.2M	617.0M	774.3M	1.2B	789.0M	423.3M
Total Stockholder Equity	207.7M	250.3M	145.7M	(263.2M)	(54.5M)	(51.8M)
Other Liab	23.6M	66.2M	135.0M	91.6M	105.3M	110.6M
Property Plant And Equipment Net	111.0M	124.3M	151.5M	309.3M	557.5M	585.4M
Current Deferred Revenue	289.1M	373.5M	484.4M	529.2M	592.6M	622.2M
Net Debt	175.0M	762.1M	582.6M	885.8M	384.6M	205.0M
Retained Earnings	(404.8M)	(621.3M)	(648.1M)	(1.1B)	(1.0B)	(987.9M)
Accounts Payable	37.7M	79.9M	114.6M	96.1M	38.3M	41.5M
Cash	268.1M	168.9M	451.4M	244.7M	611.7M	642.3M
Non Current Assets Total	334.2M	725.6M	670.0M	610.6M	733.9M	770.6M
Non Currrent Assets Other	8.3M	21.0M	41.6M	23.0M	6.3M	9.5M
Other Assets	9.9M	21.0M	41.6M	23.0M	1.0	0.95
Cash And Short Term Investments	726.5M	1.0B	1.3B	1.1B	965.0M	552.9M
Net Receivables	17.0M	23.7M	30.4M	42.1M	57.4M	60.3M
Common Stock Total Equity	80K	88K	94K	107K	123.1K	77.6K
Short Term Investments	458.4M	867.1M	868.2M	818.8M	353.3M	346.2M
Liabilities And Stockholders Equity	1.1B	1.8B	2.1B	1.8B	1.8B	1.9B
Non Current Liabilities Total	447.7M	959.5M	1.1B	831.1M	1.1B	1.1B
Inventory	12.7M	22.0M	27.2M	13.7M	15.7M	14.8M
Other Current Assets	9.3M	19.6M	12.7M	28.5M	47.8M	50.2M
Other Stockholder Equity	611.1M	862.1M	794.8M	843.1M	981.1M	1.0B
Total Liab	891.9M	1.6B	1.9B	2.0B	1.9B	2.0B
Property Plant And Equipment Gross	111.0M	124.3M	151.5M	309.3M	610.0M	640.5M
Total Current Assets	765.5M	1.1B	1.4B	1.1B	1.1B	595.9M
Accumulated Other Comprehensive Income	1.4M	9.4M	(1.1M)	(33.5M)	4.2M	4.4M
Short Term Debt	18.9M	22.3M	29.2M	390.9M	25.0M	23.7M
Common Stock	94K	107K	111K	108K	110K	82.8K
Property Plant Equipment	111.0M	124.3M	151.5M	309.3M	355.7M	373.5M
Net Tangible Assets	170.1M	258.2M	56.2M	(346.5M)	(311.9M)	(296.3M)
Intangible Assets	19.8M	19.3M	40.2M	34.0M	28.0M	22.6M
Short Long Term Debt Total	443.1M	931.0M	1.0B	1.1B	996.3M	766.1M
Long Term Debt	359.9M	834.4M	923.0M	566.6M	569.7M	564.7M
Net Invested Capital	567.7M	1.1B	1.1B	664.9M	515.2M	700.3M

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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:

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Is WixCom Stock a good investment?

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What is WixCom's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.

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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.

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WixCom Net Income vs Selling General Administrative Analysis

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Net Income

Selling General Administrative

WixCom fundamental ratios Correlations

WixCom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WixCom fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.99	Other Current Assets

Retained Earnings	- 0.98	Current Deferred Revenue
Net Receivables	- 0.97	Retained Earnings
Total Liab	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Other Current Assets	- 0.93	Retained Earnings
Non Current Assets Total	- 0.93	Retained Earnings