WisdomTree Total Current Assets vs Long Term Investments Analysis
WT Stock | 9.30 0.24 2.65% |
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 Total Current Assets and its Long Term Investments 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.
Total Current Assets vs Long Term Investments
Total Current Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WisdomTree Total Current Assets account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between WisdomTree's Total Current Assets and Long Term Investments is -0.39. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of WisdomTree, assuming nothing else is changed. The correlation between historical values of WisdomTree's Total Current Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of WisdomTree are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Assets i.e., WisdomTree's Total Current Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Long Term Investments
Long Term Investments is an item on the asset side of WisdomTree balance sheet that represents investments WisdomTree intends to hold for over a year. WisdomTree long term investments may include different instruments such as stocks, bonds, real estate and cash.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 |
WisdomTree fundamental ratios Correlations
Click cells to compare fundamentals
WisdomTree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.
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 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: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.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for WisdomTree Stock analysis
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.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
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.