WisdomTree Total Liab vs Property Plant And Equipment Net Analysis

WT Stock

9.90 0.03 0.30%

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 Liab and its Property Plant And Equipment Net 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 Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WisdomTree Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.

The correlation between WisdomTree's Total Liab and Property Plant And Equipment Net is 0.23. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net 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 Liab and Property Plant And Equipment Net 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 Liab of WisdomTree are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., WisdomTree's Total Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 against WisdomTree Stock

0.63	AGMH	AGM Group Holdings Report 11th of November 2024	Pair Corr
0.55	QTI	QT Imaging Holdings Symbol Change	Pair Corr
0.55	SOFI	SoFi Technologies	Pair Corr
0.46	MA	Mastercard	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

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC