WixCom Research Development vs Other Operating Expenses 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 Research Development and its Other Operating Expenses 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.

Research Development vs Other Operating Expenses

Research Development vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Research Development account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between WixCom's Research Development and Other Operating Expenses is 1.0. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Research Development and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of WixCom are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Research Development i.e., WixCom's Research Development and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Research Development

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of WixCom. It is also known as WixCom overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Expense5.3M5.2M4.2M5.8M
Depreciation And Amortization18.9M22.9M26.4M27.8M

WixCom fundamental ratios Correlations

0.810.750.830.020.720.550.810.71-0.780.790.620.750.630.560.840.710.60.790.760.710.60.810.80.53-0.23
0.810.960.880.060.940.770.960.85-0.920.860.840.980.790.640.940.880.730.890.990.690.810.980.990.75-0.48
0.750.960.89-0.080.910.770.910.91-0.910.820.730.970.780.650.880.850.650.870.940.620.80.930.970.75-0.44
0.830.880.89-0.210.830.640.870.9-0.90.880.630.830.760.680.910.780.750.880.820.610.670.850.910.61-0.2
0.020.06-0.08-0.21-0.12-0.35-0.15-0.070.30.09-0.020.00.140.210.17-0.270.150.190.040.27-0.310.01-0.09-0.350.26
0.720.940.910.83-0.120.810.940.78-0.90.810.840.940.80.640.850.90.630.780.960.70.820.910.960.8-0.55
0.550.770.770.64-0.350.810.880.52-0.90.40.880.830.320.090.560.970.490.430.820.320.990.840.821.0-0.86
0.810.960.910.87-0.150.940.880.74-0.980.760.90.950.650.480.850.970.720.760.950.630.910.980.980.87-0.63
0.710.850.910.9-0.070.780.520.74-0.780.870.460.840.830.770.870.650.580.930.820.590.580.780.860.49-0.11
-0.78-0.92-0.91-0.90.3-0.9-0.9-0.98-0.78-0.72-0.83-0.93-0.59-0.42-0.8-0.97-0.7-0.73-0.91-0.55-0.93-0.95-0.96-0.890.61
0.790.860.820.880.090.810.40.760.87-0.720.550.780.930.90.930.610.680.970.80.760.450.780.850.38-0.05
0.620.840.730.63-0.020.840.880.90.46-0.830.550.820.460.260.710.910.630.540.870.470.860.880.840.88-0.76
0.750.980.970.830.00.940.830.950.84-0.930.780.820.730.560.870.910.670.830.990.660.870.970.980.82-0.57
0.630.790.780.760.140.80.320.650.83-0.590.930.460.730.970.840.50.540.90.760.770.350.660.760.3-0.01
0.560.640.650.680.210.640.090.480.77-0.420.90.260.560.970.770.290.480.860.590.730.130.490.610.060.24
0.840.940.880.910.170.850.560.850.87-0.80.930.710.870.840.770.720.780.950.90.710.60.880.910.54-0.18
0.710.880.850.78-0.270.90.970.970.65-0.970.610.910.910.50.290.720.620.610.90.490.970.930.920.96-0.76
0.60.730.650.750.150.630.490.720.58-0.70.680.630.670.540.480.780.620.690.670.680.540.760.70.48-0.19
0.790.890.870.880.190.780.430.760.93-0.730.970.540.830.90.860.950.610.690.840.720.490.810.860.4-0.06
0.760.990.940.820.040.960.820.950.82-0.910.80.870.990.760.590.90.90.670.840.660.840.960.980.8-0.56
0.710.690.620.610.270.70.320.630.59-0.550.760.470.660.770.730.710.490.680.720.660.380.650.650.31-0.12
0.60.810.80.67-0.310.820.990.910.58-0.930.450.860.870.350.130.60.970.540.490.840.380.880.850.99-0.84
0.810.980.930.850.010.910.840.980.78-0.950.780.880.970.660.490.880.930.760.810.960.650.880.970.83-0.59
0.80.990.970.91-0.090.960.820.980.86-0.960.850.840.980.760.610.910.920.70.860.980.650.850.970.8-0.52
0.530.750.750.61-0.350.81.00.870.49-0.890.380.880.820.30.060.540.960.480.40.80.310.990.830.8-0.87
-0.23-0.48-0.44-0.20.26-0.55-0.86-0.63-0.110.61-0.05-0.76-0.57-0.010.24-0.18-0.76-0.19-0.06-0.56-0.12-0.84-0.59-0.52-0.87
Click cells to compare fundamentals

WixCom Account Relationship Matchups

WixCom fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.5M54.4M57.0M58.0M58.4M46.6M
Total Assets1.1B1.8B2.1B1.8B1.8B1.9B
Other Current Liab98.4M141.2M146.1M174.3M133.1M139.8M
Total Current Liabilities444.2M617.0M774.3M1.2B789.0M423.3M
Total Stockholder Equity207.7M250.3M145.7M(263.2M)(54.5M)(51.8M)
Other Liab23.6M66.2M135.0M91.6M105.3M110.6M
Property Plant And Equipment Net111.0M124.3M151.5M309.3M557.5M585.4M
Current Deferred Revenue289.1M373.5M484.4M529.2M592.6M622.2M
Net Debt175.0M762.1M582.6M885.8M384.6M205.0M
Retained Earnings(404.8M)(621.3M)(648.1M)(1.1B)(1.0B)(987.9M)
Accounts Payable37.7M79.9M114.6M96.1M38.3M41.5M
Cash268.1M168.9M451.4M244.7M611.7M642.3M
Non Current Assets Total334.2M725.6M670.0M610.6M733.9M770.6M
Non Currrent Assets Other8.3M21.0M41.6M23.0M6.3M9.5M
Other Assets9.9M21.0M41.6M23.0M1.00.95
Cash And Short Term Investments726.5M1.0B1.3B1.1B965.0M552.9M
Net Receivables17.0M23.7M30.4M42.1M57.4M60.3M
Common Stock Total Equity80K88K94K107K123.1K77.6K
Short Term Investments458.4M867.1M868.2M818.8M353.3M346.2M
Liabilities And Stockholders Equity1.1B1.8B2.1B1.8B1.8B1.9B
Non Current Liabilities Total447.7M959.5M1.1B831.1M1.1B1.1B
Inventory12.7M22.0M27.2M13.7M15.7M14.8M
Other Current Assets9.3M19.6M12.7M28.5M47.8M50.2M
Other Stockholder Equity611.1M862.1M794.8M843.1M981.1M1.0B
Total Liab891.9M1.6B1.9B2.0B1.9B2.0B
Property Plant And Equipment Gross111.0M124.3M151.5M309.3M610.0M640.5M
Total Current Assets765.5M1.1B1.4B1.1B1.1B595.9M
Accumulated Other Comprehensive Income1.4M9.4M(1.1M)(33.5M)4.2M4.4M
Short Term Debt18.9M22.3M29.2M390.9M25.0M23.7M
Common Stock94K107K111K108K110K82.8K
Property Plant Equipment111.0M124.3M151.5M309.3M355.7M373.5M
Net Tangible Assets170.1M258.2M56.2M(346.5M)(311.9M)(296.3M)
Intangible Assets19.8M19.3M40.2M34.0M28.0M22.6M
Short Long Term Debt Total443.1M931.0M1.0B1.1B996.3M766.1M
Long Term Debt359.9M834.4M923.0M566.6M569.7M564.7M
Net Invested Capital567.7M1.1B1.1B664.9M515.2M700.3M

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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:
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.