WPC Income Tax Expense vs Net Income Analysis

WPC Stock  USD 56.46  0.15  0.27%   
W P financial indicator trend analysis is more than just analyzing W P Carey current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether W P Carey is a good investment. Please check the relationship between W P Income Tax Expense and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in W P Carey. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of W P Carey Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between W P's Income Tax Expense and Net Income is -0.46. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of W P Carey, assuming nothing else is changed. The correlation between historical values of W P's Income Tax Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of W P Carey are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., W P's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in W P Carey financial statement analysis. It represents the amount of money remaining after all of W P Carey operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from W P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into W P Carey 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 W P Carey. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At present, W P's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B1.2B1.2B
Total Revenue1.3B1.5B1.6B1.7B

W P fundamental ratios Correlations

0.990.860.950.990.280.990.970.721.00.550.740.720.970.991.00.470.61-0.95-0.470.98-0.620.83-0.190.52-0.74
0.990.850.930.980.321.00.960.740.990.50.730.740.971.01.00.480.65-0.94-0.480.96-0.650.84-0.130.53-0.73
0.860.850.830.86-0.020.860.850.370.870.730.50.370.810.850.860.560.52-0.78-0.510.91-0.670.73-0.130.13-0.5
0.950.930.830.950.140.930.970.660.950.640.770.660.940.920.930.550.5-0.93-0.560.94-0.460.71-0.280.49-0.81
0.990.980.860.950.240.980.970.711.00.580.750.710.970.980.980.440.56-0.95-0.430.98-0.570.81-0.250.53-0.74
0.280.32-0.020.140.240.280.20.730.26-0.570.30.730.230.310.30.290.59-0.24-0.270.08-0.360.360.070.72-0.34
0.991.00.860.930.980.280.960.70.990.520.710.70.971.01.00.480.63-0.94-0.480.97-0.650.84-0.120.49-0.71
0.970.960.850.970.970.20.960.70.980.630.770.70.960.960.970.480.55-0.94-0.490.96-0.610.73-0.260.5-0.79
0.720.740.370.660.710.730.70.70.71-0.020.781.00.760.730.730.330.72-0.77-0.290.57-0.410.55-0.220.95-0.85
1.00.990.870.951.00.260.990.980.710.560.740.710.970.990.990.460.59-0.95-0.460.98-0.620.83-0.210.51-0.73
0.550.50.730.640.58-0.570.520.63-0.020.560.38-0.020.560.50.510.21-0.04-0.53-0.240.69-0.320.27-0.31-0.17-0.35
0.740.730.50.770.750.30.710.770.780.740.380.780.790.720.730.210.47-0.84-0.180.68-0.250.47-0.380.73-0.81
0.720.740.370.660.710.730.70.71.00.71-0.020.780.760.730.730.330.72-0.77-0.290.57-0.410.55-0.220.95-0.85
0.970.970.810.940.970.230.970.960.760.970.560.790.760.970.970.430.62-0.98-0.430.94-0.560.73-0.210.59-0.83
0.991.00.850.920.980.311.00.960.730.990.50.720.730.971.00.470.65-0.94-0.470.96-0.660.84-0.120.52-0.72
1.01.00.860.930.980.31.00.970.730.990.510.730.730.971.00.480.64-0.94-0.480.97-0.650.84-0.140.52-0.73
0.470.480.560.550.440.290.480.480.330.460.210.210.330.430.470.480.57-0.37-0.960.43-0.50.390.140.15-0.47
0.610.650.520.50.560.590.630.550.720.59-0.040.470.720.620.650.640.57-0.59-0.450.49-0.570.490.320.59-0.63
-0.95-0.94-0.78-0.93-0.95-0.24-0.94-0.94-0.77-0.95-0.53-0.84-0.77-0.98-0.94-0.94-0.37-0.590.34-0.920.47-0.730.25-0.650.83
-0.47-0.48-0.51-0.56-0.43-0.27-0.48-0.49-0.29-0.46-0.24-0.18-0.29-0.43-0.47-0.48-0.96-0.450.34-0.440.51-0.39-0.16-0.10.44
0.980.960.910.940.980.080.970.960.570.980.690.680.570.940.960.970.430.49-0.92-0.44-0.580.81-0.210.36-0.66
-0.62-0.65-0.67-0.46-0.57-0.36-0.65-0.61-0.41-0.62-0.32-0.25-0.41-0.56-0.66-0.65-0.5-0.570.470.51-0.58-0.56-0.14-0.150.33
0.830.840.730.710.810.360.840.730.550.830.270.470.550.730.840.840.390.49-0.73-0.390.81-0.56-0.040.34-0.38
-0.19-0.13-0.13-0.28-0.250.07-0.12-0.26-0.22-0.21-0.31-0.38-0.22-0.21-0.12-0.140.140.320.25-0.16-0.21-0.14-0.04-0.270.29
0.520.530.130.490.530.720.490.50.950.51-0.170.730.950.590.520.520.150.59-0.65-0.10.36-0.150.34-0.27-0.79
-0.74-0.73-0.5-0.81-0.74-0.34-0.71-0.79-0.85-0.73-0.35-0.81-0.85-0.83-0.72-0.73-0.47-0.630.830.44-0.660.33-0.380.29-0.79
Click cells to compare fundamentals

W P Account Relationship Matchups

W P fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1B14.7B15.5B18.1B18.0B18.9B
Short Long Term Debt Total6.1B6.7B6.8B7.9B8.1B8.6B
Other Current Liab181.3M186.5M203.9M228.3M192.3M105.9M
Total Current Liabilities668.8M790.2M776.7M852.1M808.1M848.5M
Total Stockholder Equity6.9B6.9B7.6B9.0B8.7B9.1B
Property Plant And Equipment Net(179.3M)(145.8M)(145.6M)56.7M11.7B12.3B
Net Debt5.9B6.4B6.6B7.7B7.5B7.9B
Accounts Payable487.4M603.7M572.8M623.8M615.8M646.5M
Cash196.0M248.7M165.4M168.0M633.9M665.6M
Non Current Assets Total13.7B14.4B15.3B17.9B17.3B18.2B
Non Currrent Assets Other9.3B10.0B10.8B12.8B1.1B1.9B
Other Assets325.3M11.2B1.8B12.5B13.9B14.6B
Cash And Short Term Investments196.0M248.7M165.4M168.0M633.9M665.6M
Common Stock Shares Outstanding171.3M174.8M183.1M200.4M215.8M226.5M
Liabilities And Stockholders Equity14.1B14.7B15.5B18.1B18.0B18.9B
Non Current Liabilities Total6.4B7.0B7.1B8.2B8.5B8.9B
Total Liab7.1B7.8B7.9B9.1B9.3B9.7B
Total Current Assets357.9M293.5M175.5M226.9M671.0M344.6M
Retained Earnings(1.6B)(1.9B)(2.2B)(2.5B)(2.9B)(2.7B)
Common Stock Total Equity172K175K190K211K189.9K180.4K
Other Stockholder Equity8.7B8.9B10.0B11.7B9.0B9.4B
Accumulated Other Comprehensive Income(218.4M)(197.9M)(171.9M)(226.8M)(192.8M)(183.2M)
Common Stock172K175K190K211K219K208.1K
Long Term Debt6.1B6.7B6.8B7.9B8.1B8.6B
Net Receivables57.8M26.3M1.8M919K2.2M2.1M
Other Current Assets(253.8M)(274.9M)(167.3M)(168.9M)(633.9M)(602.2M)
Intangible Assets3.1B3.2B3.2B3.5B3.0B3.2B
Property Plant Equipment9.0B9.9B11.9B11.2B12.8B13.5B
Other Liab390.1M349.4M328.9M369.8M425.2M446.5M
Good Will934.7M910.8M901.5M1.0B978.3M1.0B
Short Term Debt164.7M90.6M45.8M456.7M1.1B1.2B
Net Tangible Assets6.0B6.0B6.7B8.0B9.1B9.6B
Noncontrolling Interest In Consolidated Entity6.2M1.7M1.7M15.0M13.5M12.8M
Retained Earnings Total Equity(1.6B)(1.9B)(2.2B)(2.5B)(2.2B)(2.1B)

W P Investors Sentiment

The influence of W P's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WPC. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to W P's public news can be used to forecast risks associated with an investment in WPC. The trend in average sentiment can be used to explain how an investor holding WPC can time the market purely based on public headlines and social activities around W P Carey. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
W P's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for W P's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average W P's news discussions. The higher the estimated score, the more favorable is the investor's outlook on W P.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards W P in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, W P's short interest history, or implied volatility extrapolated from W P options trading.

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 W P Carey offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of W P'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 W P Carey Stock. Outlined below are crucial reports that will aid in making a well-informed decision on W P Carey Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in W P Carey. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for WPC Stock analysis

When running W P's price analysis, check to measure W P'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 W P is operating at the current time. Most of W P's value examination focuses on studying past and present price action to predict the probability of W P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move W P's price. Additionally, you may evaluate how the addition of W P to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
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
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is W P'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 W P. If investors know WPC 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 W P 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
(0.34)
Dividend Share
4.067
Earnings Share
3.28
Revenue Per Share
8.066
Quarterly Revenue Growth
0.036
The market value of W P Carey is measured differently than its book value, which is the value of WPC that is recorded on the company's balance sheet. Investors also form their own opinion of W P's value that differs from its market value or its book value, called intrinsic value, which is W P'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 W P's market value can be influenced by many factors that don't directly affect W P'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 W P's value and its price as these two are different measures arrived at by different means. Investors typically determine if W P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, W P'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.