Where Accounts Payable vs Cash And Short Term Investments Analysis
WFCF Stock | USD 12.61 0.48 3.67% |
Where Food financial indicator trend analysis is more than just analyzing Where Food Comes current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Where Food Comes is a good investment. Please check the relationship between Where Food Accounts Payable and its Cash And Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Where Food Comes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Where Food Comes Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Where Food's Accounts Payable and Cash And Short Term Investments is 0.32. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Where Food Comes, assuming nothing else is changed. The correlation between historical values of Where Food's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Where Food Comes are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Where Food's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Where Food obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Where Food Comes are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Where Food Comes balance sheet. This account contains Where Food investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Where Food Comes fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Where Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Where Food Comes 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 Where Food Comes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. The current Selling General Administrative is estimated to decrease to about 6.3 M. The current Tax Provision is estimated to decrease to about 567.4 K
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.7M | 10.5M | 10.5M | 5.8M | Total Revenue | 21.9M | 24.8M | 25.1M | 15.8M |
Where Food fundamental ratios Correlations
Click cells to compare fundamentals
Where Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Where Food fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.2M | 19.4M | 19.8M | 18.3M | 16.3M | 11.6M | |
Short Long Term Debt Total | 3.8M | 4.6M | 3.4M | 3.1M | 2.8M | 1.7M | |
Other Current Liab | 673.8K | 599K | 710K | 769K | 574K | 852.6K | |
Total Current Liabilities | 2.7M | 3.1M | 3.0M | 3.0M | 3.0M | 2.1M | |
Total Stockholder Equity | 11.9M | 12.5M | 13.7M | 12.5M | 10.8M | 8.1M | |
Property Plant And Equipment Net | 4.8M | 4.6M | 4.1M | 3.6M | 3.1M | 1.8M | |
Net Debt | 1.2M | 230K | (2.0M) | (1.2M) | 159K | 167.0K | |
Retained Earnings | 2.2M | 3.5M | 5.6M | 7.6M | 9.7M | 10.2M | |
Accounts Payable | 1.0M | 649K | 447K | 640K | 567K | 425.9K | |
Cash | 2.6M | 4.4M | 5.4M | 4.4M | 2.6M | 2.7M | |
Non Current Assets Total | 12.4M | 12.0M | 11.1M | 10.4M | 10.1M | 6.2M | |
Cash And Short Term Investments | 2.9M | 4.4M | 5.4M | 4.4M | 2.6M | 2.7M | |
Net Receivables | 2.5M | 2.5M | 2.2M | 2.2M | 2.1M | 2.2M | |
Common Stock Shares Outstanding | 6.3M | 6.2M | 6.2M | 6.0M | 5.5M | 6.0M | |
Liabilities And Stockholders Equity | 18.2M | 19.4M | 19.8M | 18.3M | 16.3M | 11.6M | |
Non Current Liabilities Total | 3.5M | 3.9M | 3.0M | 2.8M | 2.5M | 2.1M | |
Other Current Assets | 450.3K | 592K | 325K | 463K | 335K | 415.6K | |
Other Stockholder Equity | 9.8M | 8.9M | 8.1M | 4.9M | 1.1M | 1.0M | |
Total Liab | 6.3M | 7.0M | 6.0M | 5.8M | 5.5M | 3.5M | |
Property Plant And Equipment Gross | 4.8M | 4.6M | 4.1M | 3.6M | 5.3M | 5.6M | |
Total Current Assets | 5.9M | 7.5M | 8.7M | 7.9M | 6.2M | 5.4M | |
Short Term Debt | 247.8K | 744K | 326K | 350K | 312K | 578.8K | |
Intangible Assets | 3.2M | 2.9M | 2.6M | 2.3M | 2.3M | 2.7M | |
Common Stock Total Equity | 25.0K | 25.5K | 25.8K | 6K | 5.4K | 5.1K | |
Common Stock | 25.0K | 25.5K | 25.8K | 6K | 7K | 6.7K | |
Current Deferred Revenue | 797.0K | 1.1M | 1.5M | 1.3M | 1.5M | 1.6M | |
Short Term Investments | 743.2K | 245.6K | 258.1K | 991K | 1.1M | 1.2M | |
Other Assets | 399K | 464K | 487K | 546K | 627.9K | 361.3K | |
Property Plant Equipment | 4.8M | 4.6M | 4.1M | 998K | 1.1M | 1.9M | |
Net Tangible Assets | 5.8M | 6.6M | 8.2M | 7.2M | 8.3M | 5.4M | |
Capital Lease Obligations | 3.8M | 3.6M | 3.4M | 3.1M | 2.8M | 2.4M | |
Non Current Liabilities Other | 147.2K | 362.1K | 3.0M | 2.8M | 3.2M | 3.4M |
Currently Active Assets on Macroaxis
When determining whether Where Food Comes is a strong investment it is important to analyze Where Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Where Food's future performance. For an informed investment choice regarding Where Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Where Food Comes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Where Food Comes information on this page should be used as a complementary analysis to other Where Food's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Where Stock analysis
When running Where Food's price analysis, check to measure Where Food'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 Where Food is operating at the current time. Most of Where Food's value examination focuses on studying past and present price action to predict the probability of Where Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Where Food's price. Additionally, you may evaluate how the addition of Where Food to your portfolios can decrease your overall portfolio volatility.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
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 | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is Where Food'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 Where Food. If investors know Where 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 Where Food 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 0.5 | Earnings Share 0.4 | Revenue Per Share 4.693 | Quarterly Revenue Growth 0.06 | Return On Assets 0.1072 |
The market value of Where Food Comes is measured differently than its book value, which is the value of Where that is recorded on the company's balance sheet. Investors also form their own opinion of Where Food's value that differs from its market value or its book value, called intrinsic value, which is Where Food'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 Where Food's market value can be influenced by many factors that don't directly affect Where Food'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 Where Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Where Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Where Food'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.