WisdomTree Total Current Liabilities vs Non Current Assets Total Analysis

WT Stock

9.94 0.15 1.53%

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 Liabilities and its Non Current Assets Total 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 Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WisdomTree Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between WisdomTree's Total Current Liabilities and Non Current Assets Total is 0.66. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Liabilities and Non Current Assets Total 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 Liabilities of WisdomTree are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., WisdomTree's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on WisdomTree balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of WisdomTree are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

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

Pair Trading with WisdomTree

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WisdomTree position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WisdomTree will appreciate offsetting losses from the drop in the long position's value.

Moving together with WisdomTree Stock

0.7	BK	Bank of New York Financial Report 16th of July 2024	Pair Corr
0.7	DPCS	DP Cap Acquisition	Pair Corr

Moving against WisdomTree Stock

0.52	PT	Pintec Technology	Pair Corr
0.43	ECPG	Encore Capital Group	Pair Corr

The ability to find closely correlated positions to WisdomTree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WisdomTree when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WisdomTree - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WisdomTree to buy it.

The correlation of WisdomTree is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WisdomTree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for WisdomTree can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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

Details

Is WisdomTree Stock a good investment?

Details

What is WisdomTree's Net Worth?

Details

Largest Financial Services Companies

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Largest NYSE Composite Companies

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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.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

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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 Total Current Liabilities vs Non Current Assets Total Analysis

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Non Current Assets Total

WisdomTree fundamental ratios Correlations

WisdomTree Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WisdomTree fundamental ratios Accounts

Pair Trading with WisdomTree

Moving together with WisdomTree Stock

Moving against WisdomTree Stock

Complementary Tools for WisdomTree Stock analysis

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