WisdomTree Net Invested Capital vs Net Tangible Assets Analysis

WT Stock

9.55 0.25 2.69%

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

For more information on how to buy WisdomTree Stock please use our How to Invest in WisdomTree guide.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WisdomTree Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between WisdomTree's Net Invested Capital and Net Tangible Assets is 0.14. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of WisdomTree, assuming nothing else is changed. The correlation between historical values of WisdomTree's Net Invested Capital and Net Tangible Assets 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 WisdomTree are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., WisdomTree's Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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 Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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

For more information on how to buy WisdomTree Stock please use our How to Invest in WisdomTree guide.Sales General And Administrative To Revenue is likely to gain to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 63.6 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	304.3M	301.3M	349.0M	366.5M
Depreciation And Amortization	13.9M	1.2M	2.2M	2.6M

Total Revenue Depreciation And Amortization

WisdomTree fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Inventory	Other Current Assets	Good Will	Other Assets	Capital Surpluse	Cash And Equivalents
Total Assets		0.67	0.73	0.85	0.18	0.85	0.64	0.72	0.28	0.98	-0.2	0.47	0.75	0.38	0.96	0.29	0.9	0.56	0.47	0.21	-0.4	-0.43	0.96	0.44	0.9	0.41
Other Current Liab	0.67		0.56	0.83	-0.31	0.56	0.77	0.21	0.28	0.6	-0.8	0.35	0.52	0.16	0.57	0.29	0.38	0.47	0.21	0.35	-0.84	-0.86	0.54	-0.28	0.51	0.58
Total Current Liabilities	0.73	0.56		0.57	-0.06	0.63	0.51	0.6	0.33	0.66	-0.18	0.61	0.6	0.28	0.61	0.13	0.69	0.65	0.36	0.54	-0.22	-0.25	0.65	0.01	0.48	0.48
Total Stockholder Equity	0.85	0.83	0.57		0.12	0.6	0.85	0.49	0.35	0.81	-0.49	0.34	0.69	0.34	0.72	0.52	0.55	0.47	0.43	0.07	-0.73	-0.75	0.73	0.18	0.8	0.35
Property Plant And Equipment Net	0.18	-0.31	-0.06	0.12		-0.08	-0.07	0.52	0.11	0.21	0.5	0.03	0.34	0.34	0.16	0.36	0.23	0.03	0.4	-0.4	0.34	0.33	0.2	0.57	0.27	-0.58
Net Debt	0.85	0.56	0.63	0.6	-0.08		0.48	0.44	-0.19	0.9	-0.2	0.13	0.42	0.1	0.9	-0.07	0.83	0.21	0.15	0.14	-0.38	-0.41	0.9	0.37	0.82	0.43
Retained Earnings	0.64	0.77	0.51	0.85	-0.07	0.48		0.28	0.29	0.59	-0.55	0.3	0.5	-0.12	0.5	0.22	0.35	0.42	0.0	0.01	-0.75	-0.75	0.51	-0.07	0.56	0.41
Accounts Payable	0.72	0.21	0.6	0.49	0.52	0.44	0.28		0.39	0.67	0.36	0.63	0.84	0.58	0.66	0.39	0.77	0.64	0.68	0.25	0.19	0.15	0.67	0.54	0.55	-0.04
Cash	0.28	0.28	0.33	0.35	0.11	-0.19	0.29	0.39		0.13	-0.14	0.82	0.61	0.47	0.15	0.54	0.22	0.83	0.53	0.48	-0.04	-0.06	0.15	-0.08	0.04	0.41
Non Current Assets Total	0.98	0.6	0.66	0.81	0.21	0.9	0.59	0.67	0.13		-0.14	0.31	0.67	0.33	0.97	0.24	0.9	0.4	0.41	0.07	-0.38	-0.41	0.98	0.53	0.95	0.33
Non Currrent Assets Other	-0.2	-0.8	-0.18	-0.49	0.5	-0.2	-0.55	0.36	-0.14	-0.14		-0.03	-0.05	0.15	-0.13	-0.09	0.1	-0.15	0.14	-0.23	0.89	0.89	-0.1	0.63	-0.11	-0.6
Cash And Short Term Investments	0.47	0.35	0.61	0.34	0.03	0.13	0.3	0.63	0.82	0.31	-0.03		0.7	0.45	0.37	0.31	0.5	0.97	0.53	0.76	0.08	0.06	0.33	-0.05	0.09	0.49
Net Receivables	0.75	0.52	0.6	0.69	0.34	0.42	0.5	0.84	0.61	0.67	-0.05	0.7		0.62	0.66	0.64	0.71	0.81	0.73	0.33	-0.19	-0.22	0.69	0.27	0.57	0.29
Common Stock Shares Outstanding	0.38	0.16	0.28	0.34	0.34	0.1	-0.12	0.58	0.47	0.33	0.15	0.45	0.62		0.32	0.79	0.39	0.49	0.99	0.36	0.09	0.04	0.36	0.31	0.32	0.05
Non Current Liabilities Total	0.96	0.57	0.61	0.72	0.16	0.9	0.5	0.66	0.15	0.97	-0.13	0.37	0.66	0.32		0.15	0.94	0.45	0.39	0.16	-0.3	-0.33	0.98	0.52	0.89	0.4
Other Stockholder Equity	0.29	0.29	0.13	0.52	0.36	-0.07	0.22	0.39	0.54	0.24	-0.09	0.31	0.64	0.79	0.15		0.14	0.45	0.82	0.07	-0.24	-0.27	0.23	0.15	0.31	0.07
Total Liab	0.9	0.38	0.69	0.55	0.23	0.83	0.35	0.77	0.22	0.9	0.1	0.5	0.71	0.39	0.94	0.14		0.55	0.47	0.26	-0.03	-0.07	0.95	0.57	0.79	0.38
Total Current Assets	0.56	0.47	0.65	0.47	0.03	0.21	0.42	0.64	0.83	0.4	-0.15	0.97	0.81	0.49	0.45	0.45	0.55		0.59	0.71	-0.08	-0.11	0.43	-0.06	0.21	0.57
Common Stock	0.47	0.21	0.36	0.43	0.4	0.15	0.0	0.68	0.53	0.41	0.14	0.53	0.73	0.99	0.39	0.82	0.47	0.59		0.37	0.06	0.02	0.43	0.33	0.38	0.07
Short Term Investments	0.21	0.35	0.54	0.07	-0.4	0.14	0.01	0.25	0.48	0.07	-0.23	0.76	0.33	0.36	0.16	0.07	0.26	0.71	0.37		0.01	-0.01	0.09	-0.42	-0.19	0.59
Inventory	-0.4	-0.84	-0.22	-0.73	0.34	-0.38	-0.75	0.19	-0.04	-0.38	0.89	0.08	-0.19	0.09	-0.3	-0.24	-0.03	-0.08	0.06	0.01		1.0	-0.3	0.35	-0.41	-0.46
Other Current Assets	-0.43	-0.86	-0.25	-0.75	0.33	-0.41	-0.75	0.15	-0.06	-0.41	0.89	0.06	-0.22	0.04	-0.33	-0.27	-0.07	-0.11	0.02	-0.01	1.0		-0.33	0.33	-0.44	-0.47
Good Will	0.96	0.54	0.65	0.73	0.2	0.9	0.51	0.67	0.15	0.98	-0.1	0.33	0.69	0.36	0.98	0.23	0.95	0.43	0.43	0.09	-0.3	-0.33		0.55	0.93	0.4
Other Assets	0.44	-0.28	0.01	0.18	0.57	0.37	-0.07	0.54	-0.08	0.53	0.63	-0.05	0.27	0.31	0.52	0.15	0.57	-0.06	0.33	-0.42	0.35	0.33	0.55		0.64	-0.28
Capital Surpluse	0.9	0.51	0.48	0.8	0.27	0.82	0.56	0.55	0.04	0.95	-0.11	0.09	0.57	0.32	0.89	0.31	0.79	0.21	0.38	-0.19	-0.41	-0.44	0.93	0.64		0.22
Cash And Equivalents	0.41	0.58	0.48	0.35	-0.58	0.43	0.41	-0.04	0.41	0.33	-0.6	0.49	0.29	0.05	0.4	0.07	0.38	0.57	0.07	0.59	-0.46	-0.47	0.4	-0.28	0.22

Click cells to compare fundamentals

WisdomTree Account Relationship Matchups

WisdomTree fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	933.2M	869.7M	1.0B	1.0B	944.7M	992.0M
Other Current Liab	582K	41.1M	53.5M	54.9M	102.6M	107.8M
Total Current Liabilities	79.0M	74.0M	83.7M	263.4M	103.2M	108.4M
Total Stockholder Equity	367.6M	266.3M	269.4M	305.6M	541.7M	568.8M
Property Plant And Equipment Net	26.3M	23.9M	1.1M	2.0M	990K	940.5K
Net Debt	123.7M	113.8M	178.5M	190.6M	146.2M	153.5M
Retained Earnings	(8.0M)	(53.4M)	(22.4M)	13.7M	95.7M	100.5M
Accounts Payable	31.0M	29.8M	30.0M	33.2M	15.8M	16.2M
Cash	75.0M	73.4M	140.7M	132.1M	129.3M	73.9M
Non Current Assets Total	810.2M	727.8M	712.0M	739.9M	714.3M	750.1M
Non Currrent Assets Other	34.3M	180K	361K	1.9M	(58.8M)	(55.9M)
Cash And Short Term Investments	92.3M	108.3M	267.9M	258.3M	129.3M	98.5M
Net Receivables	26.8M	29.5M	31.9M	30.5M	35.5M	18.5M
Common Stock Shares Outstanding	151.8M	148.7M	145.1M	143.3M	147.8M	106.2M
Liabilities And Stockholders Equity	933.2M	869.7M	1.0B	1.0B	944.7M	992.0M
Non Current Liabilities Total	486.7M	529.4M	662.8M	464.8M	431.8M	453.4M
Other Stockholder Equity	240.5M	184.5M	157.2M	159.3M	312.4M	160.4M
Total Liab	565.7M	603.4M	746.5M	728.2M	403.0M	214.4M
Total Current Assets	123.1M	141.9M	304.0M	294.0M	229.8M	122.1M
Accumulated Other Comprehensive Income	945K	1.1M	682K	(1.4M)	(548K)	(520.6K)
Common Stock	1.6M	1.5M	1.5M	1.5M	1.5M	1.0M
Short Term Investments	17.3M	34.9M	127.2M	126.2M	58.7M	61.6M
Inventory	3.7M	3.8M	4.0M	4.7M	(45.4M)	(43.1M)
Other Current Assets	207K	259K	276K	390K	(164.8M)	(156.5M)
Other Assets	68.7M	35.3M	31.2M	11.1M	578K	549.1K
Long Term Debt Total	176.0M	166.6M	318.6M	262.0M	301.3M	175.7M
Capital Surpluse	352.7M	317.1M	289.7M	291.8M	335.6M	323.0M
Cash And Equivalents	75.0M	73.4M	140.7M	132.1M	151.9M	101.5M
Short Term Debt	3.7M	3.1M	209K	175.3M	578K	549.1K
Intangible Assets	603.2M	603.3M	601.2M	603.6M	605.1M	500.5M
Property Plant Equipment	26.3M	23.9M	1.1M	2.0M	1.8M	1.7M
Short Long Term Debt Total	198.7M	187.2M	319.2M	322.7M	275.5M	274.6M
Other Liab	191.2M	239.8M	233.2M	184.8M	212.6M	228.4M
Net Tangible Assets	(351.7M)	(420.8M)	(417.7M)	(383.8M)	(345.4M)	(362.7M)
Long Term Debt	176.0M	166.6M	318.6M	147.0M	274.9M	234.2M
Net Invested Capital	513.4M	432.9M	588.0M	626.8M	684.0M	623.0M
Long Term Investments	28.1M	8.6M	14.5M	36.0M	9.9M	19.4M
Capital Stock	1.6M	1.5M	1.5M	1.5M	1.5M	1.2M

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 WisdomTree 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, WisdomTree's short interest history, or implied volatility extrapolated from WisdomTree options trading.

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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.

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When determining whether WisdomTree 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 WisdomTree 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 Wisdomtree Stock. Highlighted below are key reports to facilitate an investment decision about Wisdomtree Stock:

How To Invest In WisdomTree

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Is WisdomTree Stock a good investment?

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What is WisdomTree's Net Worth?

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

For more information on how to buy WisdomTree Stock please use our How to Invest in WisdomTree guide.

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

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Is WisdomTree'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 WisdomTree. If investors know WisdomTree 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 WisdomTree 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

0.327

Dividend Share

0.12

Earnings Share

0.67

Revenue Per Share

2.503

Quarterly Revenue Growth

0.18

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

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WisdomTree Net Invested Capital vs Net Tangible Assets Analysis

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Tangible Assets

WisdomTree fundamental ratios Correlations

WisdomTree Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WisdomTree fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Assets	+ 1.0	Inventory
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.98	Total Assets
Good Will	+ 0.98	Non Current Assets Total
Good Will	+ 0.98	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.97	Non Current Assets Total

Other Current Assets	- 0.86	Other Current Liab
Inventory	- 0.84	Other Current Liab
Non Currrent Assets Other	- 0.8	Other Current Liab
Other Current Assets	- 0.75	Retained Earnings
Inventory	- 0.75	Retained Earnings
Other Current Assets	- 0.75	Total Stockholder Equity