Wrap Non Current Assets Total vs Net Debt Analysis
WRAP Stock | USD 1.39 0.17 13.93% |
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 Non Current Assets Total and its Net Debt 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 closely tied 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wrap Technologies Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wrap Technologies' Non Current Assets Total and Net Debt is -0.24. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt 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' Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Wrap Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Wrap Technologies' Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 closely tied 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 06/16/2024, 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 |
Wrap Technologies fundamental ratios Correlations
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Wrap Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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