Wrap Retained Earnings vs Net Working Capital 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 Retained Earnings and its Net Working Capital 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.
Retained Earnings vs Net Working Capital
Retained Earnings vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wrap Technologies Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Wrap Technologies' Retained Earnings and Net Working Capital is -0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital 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' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Wrap Technologies are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Wrap Technologies' Retained Earnings and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Working Capital
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 |
Wrap Technologies fundamental ratios Correlations
Click cells to compare fundamentals
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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Try AI Portfolio ArchitectCheck 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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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.