Wrap Net Invested Capital vs Net Receivables Analysis

WRAP Stock

USD 1.67 0.02 1.21%

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

To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wrap Technologies Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Wrap Technologies' Net Invested Capital and Net Receivables is 0.87. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Wrap Technologies, assuming nothing else is changed. The correlation between historical values of Wrap Technologies' Net Invested Capital and Net Receivables 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 Invested Capital of Wrap Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., Wrap Technologies' Net Invested Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Receivables

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

To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.At this time, Wrap Technologies' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 05/23/2024, Enterprise Value is likely to grow to about 129.7 M, while Selling General Administrative is likely to drop slightly above 9.8 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	32.2M	25.8M	29.6M	16.2M
Depreciation And Amortization	447K	762K	876.3K	920.1K

Other Operating Expenses Depreciation And Amortization

Wrap Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Net Invested Capital
Total Assets		0.73	0.87	1.0	1.0	0.82	-0.63	-0.8	0.91	0.68	0.8	0.51	0.76	0.99	0.94	0.9	0.59	0.88	0.92	0.88	0.85	0.84	1.0	0.94	0.83	1.0
Other Current Liab	0.73		0.97	0.71	0.69	0.95	-0.2	-0.96	0.92	0.34	0.99	0.95	0.84	0.65	0.83	0.82	0.9	0.96	0.93	0.96	0.97	0.89	0.71	0.85	0.88	0.73
Total Current Liabilities	0.87	0.97		0.85	0.84	0.98	-0.35	-0.98	0.98	0.47	0.99	0.86	0.83	0.8	0.91	0.89	0.85	1.0	0.99	1.0	1.0	0.96	0.85	0.93	0.95	0.87
Total Stockholder Equity	1.0	0.71	0.85		1.0	0.8	-0.65	-0.78	0.9	0.69	0.78	0.49	0.75	0.99	0.93	0.89	0.57	0.87	0.91	0.87	0.83	0.82	1.0	0.93	0.82	1.0
Net Tangible Assets	1.0	0.69	0.84	1.0		0.79	-0.67	-0.76	0.89	0.71	0.76	0.47	0.74	1.0	0.92	0.88	0.56	0.86	0.9	0.85	0.82	0.81	1.0	0.92	0.81	1.0
Property Plant And Equipment Net	0.82	0.95	0.98	0.8	0.79		-0.3	-0.98	0.97	0.43	0.99	0.86	0.74	0.74	0.89	0.88	0.85	0.98	0.96	0.98	0.99	0.98	0.8	0.9	0.98	0.81
Net Debt	-0.63	-0.2	-0.35	-0.65	-0.67	-0.3		0.24	-0.36	-0.98	-0.24	-0.09	-0.43	-0.7	-0.55	-0.57	-0.33	-0.37	-0.39	-0.37	-0.34	-0.28	-0.66	-0.55	-0.33	-0.62
Retained Earnings	-0.8	-0.96	-0.98	-0.78	-0.76	-0.98	0.24		-0.96	-0.35	-0.99	-0.87	-0.76	-0.72	-0.89	-0.88	-0.86	-0.97	-0.95	-0.97	-0.98	-0.96	-0.78	-0.91	-0.95	-0.79
Accounts Payable	0.91	0.92	0.98	0.9	0.89	0.97	-0.36	-0.96		0.47	0.97	0.76	0.78	0.86	0.92	0.89	0.77	0.99	1.0	0.99	0.98	0.97	0.9	0.93	0.96	0.91
Cash	0.68	0.34	0.47	0.69	0.71	0.43	-0.98	-0.35	0.47		0.37	0.24	0.53	0.73	0.61	0.63	0.47	0.49	0.5	0.49	0.46	0.39	0.7	0.61	0.44	0.67
Non Current Assets Total	0.8	0.99	0.99	0.78	0.76	0.99	-0.24	-0.99	0.97	0.37		0.9	0.8	0.72	0.88	0.86	0.87	0.99	0.97	0.99	0.99	0.95	0.78	0.89	0.94	0.8
Non Currrent Assets Other	0.51	0.95	0.86	0.49	0.47	0.86	-0.09	-0.87	0.76	0.24	0.9		0.76	0.41	0.68	0.69	0.93	0.83	0.78	0.84	0.87	0.76	0.48	0.7	0.76	0.51
Other Assets	0.76	0.84	0.83	0.75	0.74	0.74	-0.43	-0.76	0.78	0.53	0.8	0.76		0.72	0.75	0.71	0.7	0.81	0.83	0.82	0.83	0.65	0.75	0.76	0.64	0.77
Cash And Short Term Investments	0.99	0.65	0.8	0.99	1.0	0.74	-0.7	-0.72	0.86	0.73	0.72	0.41	0.72		0.88	0.85	0.52	0.83	0.87	0.82	0.78	0.77	0.99	0.88	0.77	0.99
Common Stock Total Equity	0.94	0.83	0.91	0.93	0.92	0.89	-0.55	-0.89	0.92	0.61	0.88	0.68	0.75	0.88		0.99	0.77	0.92	0.92	0.92	0.91	0.88	0.92	1.0	0.89	0.91
Common Stock Shares Outstanding	0.9	0.82	0.89	0.89	0.88	0.88	-0.57	-0.88	0.89	0.63	0.86	0.69	0.71	0.85	0.99		0.79	0.9	0.89	0.9	0.89	0.87	0.89	0.99	0.88	0.87
Non Current Liabilities Total	0.59	0.9	0.85	0.57	0.56	0.85	-0.33	-0.86	0.77	0.47	0.87	0.93	0.7	0.52	0.77	0.79		0.84	0.78	0.84	0.86	0.76	0.57	0.79	0.77	0.58
Capital Surpluse	0.88	0.96	1.0	0.87	0.86	0.98	-0.37	-0.97	0.99	0.49	0.99	0.83	0.81	0.83	0.92	0.9	0.84		0.99	1.0	1.0	0.96	0.87	0.94	0.96	0.88
Other Current Assets	0.92	0.93	0.99	0.91	0.9	0.96	-0.39	-0.95	1.0	0.5	0.97	0.78	0.83	0.87	0.92	0.89	0.78	0.99		0.99	0.98	0.95	0.91	0.93	0.94	0.92
Other Stockholder Equity	0.88	0.96	1.0	0.87	0.85	0.98	-0.37	-0.97	0.99	0.49	0.99	0.84	0.82	0.82	0.92	0.9	0.84	1.0	0.99		1.0	0.96	0.86	0.94	0.95	0.88
Total Liab	0.85	0.97	1.0	0.83	0.82	0.99	-0.34	-0.98	0.98	0.46	0.99	0.87	0.83	0.78	0.91	0.89	0.86	1.0	0.98	1.0		0.95	0.83	0.92	0.95	0.85
Property Plant And Equipment Gross	0.84	0.89	0.96	0.82	0.81	0.98	-0.28	-0.96	0.97	0.39	0.95	0.76	0.65	0.77	0.88	0.87	0.76	0.96	0.95	0.96	0.95		0.82	0.89	1.0	0.83
Total Current Assets	1.0	0.71	0.85	1.0	1.0	0.8	-0.66	-0.78	0.9	0.7	0.78	0.48	0.75	0.99	0.92	0.89	0.57	0.87	0.91	0.86	0.83	0.82		0.92	0.82	1.0
Common Stock	0.94	0.85	0.93	0.93	0.92	0.9	-0.55	-0.91	0.93	0.61	0.89	0.7	0.76	0.88	1.0	0.99	0.79	0.94	0.93	0.94	0.92	0.89	0.92		0.9	0.92
Property Plant Equipment	0.83	0.88	0.95	0.82	0.81	0.98	-0.33	-0.95	0.96	0.44	0.94	0.76	0.64	0.77	0.89	0.88	0.77	0.96	0.94	0.95	0.95	1.0	0.82	0.9		0.83
Net Invested Capital	1.0	0.73	0.87	1.0	1.0	0.81	-0.62	-0.79	0.91	0.67	0.8	0.51	0.77	0.99	0.91	0.87	0.58	0.88	0.92	0.88	0.85	0.83	1.0	0.92	0.83

Click cells to compare fundamentals

Wrap Technologies Account Relationship Matchups

Wrap Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.4M	48.8M	44.2M	30.6M	35.2M	25.2M
Other Current Liab	194.3K	720.7K	824K	1.5M	1.7M	1.8M
Total Current Liabilities	1.1M	2.3M	2.9M	3.2M	3.6M	3.8M
Total Stockholder Equity	19.2M	46.4M	41.3M	27.1M	31.1M	23.5M
Net Tangible Assets	19.0M	45.0M	39.3M	24.5M	28.2M	22.5M
Property Plant And Equipment Net	503.8K	496K	1.0M	1.0M	1.2M	1.3M
Net Debt	(16.7M)	(16.3M)	(4.9M)	(5.0M)	(4.5M)	(4.8M)
Retained Earnings	(12.7M)	(25.3M)	(49.8M)	(67.4M)	(60.6M)	(57.6M)
Accounts Payable	407.0K	1.2M	1.8M	1.4M	1.6M	1.7M
Cash	17.0M	16.6M	4.9M	5.3M	6.1M	9.4M
Non Current Assets Total	746.8K	1.9M	3.0M	3.7M	4.3M	4.5M
Non Currrent Assets Other	12.7K	13K	9K	100K	115K	120.8K
Other Assets	12.7K	151.8K	9K	100K	115K	120.8K
Cash And Short Term Investments	17.0M	41.6M	34.9M	19.3M	22.2M	20.2M
Common Stock Total Equity	2.7K	3.0K	3.8K	4K	4.6K	3.2K
Common Stock Shares Outstanding	28.7M	33.8M	39.3M	41.2M	47.4M	30.9M
Liabilities And Stockholders Equity	20.4M	48.8M	44.2M	30.6M	35.2M	25.2M
Non Current Liabilities Total	150.0K	79K	110K	360K	414K	434.7K
Capital Surpluse	16.8M	31.9M	71.7M	94.3M	108.5M	113.9M
Inventory	2.2M	2.7M	1.6M	4.0M	4.6M	4.8M
Other Current Assets	250.9K	760K	868K	775K	891.3K	935.8K
Other Stockholder Equity	31.9M	71.7M	91.0M	94.3M	108.5M	113.9M
Total Liab	1.2M	2.4M	3.0M	3.5M	4.0M	4.2M
Property Plant And Equipment Gross	503.8K	496.4K	1.5M	1.0M	1.2M	1.3M
Total Current Assets	19.7M	46.9M	41.2M	26.9M	30.9M	23.7M
Accumulated Other Comprehensive Income	(72.7K)	14.8K	(6K)	94K	108.1K	113.5K
Common Stock	2.7K	3.0K	3.8K	4K	4.6K	3.4K
Property Plant Equipment	503.8K	357.3K	1.0M	758K	871.7K	915.3K
Net Invested Capital	19.2M	46.4M	41.3M	27.1M	31.1M	27.4M
Net Working Capital	18.6M	44.6M	38.4M	23.7M	27.3M	25.8M
Net Receivables	195.3K	1.9M	3.9M	2.8M	3.3M	1.9M
Intangible Assets	230.3K	1.4M	2.0M	2.6M	2.3M	2.2M

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When determining whether Wrap Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wrap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wrap Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Wrap Technologies Stock:

How To Invest In Wrap

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Is Wrap Stock a good investment?

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What is Wrap Technologies' Net Worth?

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

To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.

Note that the Wrap Technologies information on this page should be used as a complementary analysis to other Wrap Technologies' 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Wrap Technologies' price analysis, check to measure Wrap Technologies' 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 Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Wrap Technologies' 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 Wrap Technologies. If investors know Wrap 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 Wrap Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.38)

Revenue Per Share

0.218

Quarterly Revenue Growth

1.135

Return On Assets

(0.31)

Return On Equity

(0.61)

The market value of Wrap Technologies is measured differently than its book value, which is the value of Wrap that is recorded on the company's balance sheet. Investors also form their own opinion of Wrap Technologies' value that differs from its market value or its book value, called intrinsic value, which is Wrap Technologies' 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 Wrap Technologies' market value can be influenced by many factors that don't directly affect Wrap Technologies' 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 Wrap Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wrap Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wrap Technologies' 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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Wrap Net Invested Capital vs Net Receivables Analysis

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Receivables

Wrap Technologies fundamental ratios Correlations

Wrap Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wrap Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Wrap Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Surpluse	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Total Current Liabilities

Non Current Assets Total	- 0.99	Retained Earnings
Total Liab	- 0.98	Retained Earnings
Cash	- 0.98	Net Debt
Retained Earnings	- 0.98	Property Plant And Equipment Net
Retained Earnings	- 0.98	Total Current Liabilities
Other Stockholder Equity	- 0.97	Retained Earnings