Wynn Selling General Administrative vs Tax Provision Analysis

WYNN Stock  USD 95.88  0.72  0.75%   
Wynn Resorts financial indicator trend analysis is more than just analyzing Wynn Resorts Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wynn Resorts Limited is a good investment. Please check the relationship between Wynn Resorts Selling General Administrative and its Tax Provision accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative vs Tax Provision

Selling General Administrative vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wynn Resorts Limited Selling General Administrative account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Wynn Resorts' Selling General Administrative and Tax Provision is 0.02. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Wynn Resorts Limited, assuming nothing else is changed. The correlation between historical values of Wynn Resorts' Selling General Administrative and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Wynn Resorts Limited are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling General Administrative i.e., Wynn Resorts' Selling General Administrative and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Wynn Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wynn Resorts Limited 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 Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Wynn Resorts' Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Tax Provision is likely to grow to about 9.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B2.1B1.3B
Total Revenue3.8B3.8B6.5B3.7B

Wynn Resorts fundamental ratios Correlations

0.430.88-0.010.820.610.890.540.950.870.680.750.740.970.890.990.040.570.940.98-0.250.980.310.720.670.94
0.430.49-0.080.670.110.35-0.130.330.420.470.30.470.410.450.430.720.810.420.4-0.540.430.060.50.690.41
0.880.490.210.60.630.790.520.720.820.760.750.690.80.850.850.130.460.740.82-0.10.830.280.860.780.73
-0.01-0.080.21-0.340.25-0.330.5-0.26-0.360.080.070.04-0.24-0.310.04-0.28-0.11-0.310.070.660.09-0.380.240.02-0.31
0.820.670.6-0.340.320.770.160.850.770.550.550.630.860.770.810.390.830.890.82-0.610.820.250.480.640.89
0.610.110.630.250.320.490.590.480.50.550.780.490.480.540.570.050.250.40.570.370.590.60.690.330.43
0.890.350.79-0.330.770.490.390.910.970.620.650.680.940.970.830.020.410.920.82-0.420.810.50.550.590.92
0.54-0.130.520.50.160.590.390.440.270.220.380.310.410.30.52-0.55-0.020.350.590.460.590.170.40.010.36
0.950.330.72-0.260.850.480.910.440.890.560.660.670.980.890.94-0.010.520.980.93-0.380.920.340.540.560.99
0.870.420.82-0.360.770.50.970.270.890.630.670.680.931.00.820.180.470.920.78-0.440.780.490.620.660.91
0.680.470.760.080.550.550.620.220.560.630.850.450.610.660.660.20.390.560.66-0.240.650.40.770.880.56
0.750.30.750.070.550.780.650.380.660.670.850.430.670.710.730.150.310.610.730.010.730.60.820.660.63
0.740.470.690.040.630.490.680.310.670.680.450.430.690.70.720.150.530.670.71-0.180.720.140.440.470.67
0.970.410.8-0.240.860.480.940.410.980.930.610.670.690.940.950.060.560.990.93-0.420.930.350.620.650.99
0.890.450.85-0.310.770.540.970.30.891.00.660.710.70.940.850.20.490.910.8-0.40.80.490.670.690.91
0.990.430.850.040.810.570.830.520.940.820.660.730.720.950.850.040.60.930.98-0.240.990.220.710.690.93
0.040.720.13-0.280.390.050.02-0.55-0.010.180.20.150.150.060.20.040.680.08-0.02-0.370.020.060.280.420.07
0.570.810.46-0.110.830.250.41-0.020.520.470.390.310.530.560.490.60.680.590.57-0.510.61-0.020.450.610.58
0.940.420.74-0.310.890.40.920.350.980.920.560.610.670.990.910.930.080.590.91-0.50.90.310.550.621.0
0.980.40.820.070.820.570.820.590.930.780.660.730.710.930.80.98-0.020.570.91-0.211.00.220.660.630.91
-0.25-0.54-0.10.66-0.610.37-0.420.46-0.38-0.44-0.240.01-0.18-0.42-0.4-0.24-0.37-0.51-0.5-0.21-0.2-0.050.04-0.49-0.47
0.980.430.830.090.820.590.810.590.920.780.650.730.720.930.80.990.020.610.91.0-0.20.220.690.640.91
0.310.060.28-0.380.250.60.50.170.340.490.40.60.140.350.490.220.06-0.020.310.22-0.050.220.350.170.34
0.720.50.860.240.480.690.550.40.540.620.770.820.440.620.670.710.280.450.550.660.040.690.350.760.55
0.670.690.780.020.640.330.590.010.560.660.880.660.470.650.690.690.420.610.620.63-0.490.640.170.760.61
0.940.410.73-0.310.890.430.920.360.990.910.560.630.670.990.910.930.070.581.00.91-0.470.910.340.550.61
Click cells to compare fundamentals

Wynn Resorts Account Relationship Matchups

Wynn Resorts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B13.9B12.5B13.4B14.0B8.8B
Other Current Liab572.3M489.1M631.0M560.3M1.2B1.3B
Total Current Liabilities2.0B1.9B1.3B1.8B2.2B1.1B
Total Stockholder Equity1.7B(352.0M)(214.4M)(750.8M)(251.4M)(238.8M)
Net Debt8.2B9.7B9.5B10.1B10.5B11.1B
Accounts Payable262.4M148.5M170.5M197.5M208.3M187.0M
Cash2.4B3.5B2.5B3.7B2.9B1.8B
Other Assets791.8M581.6M210.7M391.0M1.00.95
Long Term Debt10.1B12.5B11.9B11.6B11.0B6.4B
Cash And Short Term Investments2.4B3.5B2.5B3.7B3.7B1.9B
Common Stock Shares Outstanding107.0M106.7M113.8M113.6M112.9M109.0M
Liabilities And Stockholders Equity13.9B13.9B12.5B13.4B14.0B8.8B
Inventory88.5M66.3M70.0M70.1M75.6M66.5M
Other Current Assets69.5M64.7M84.0M93.0M91.3M68.9M
Total Liab12.3B14.6B13.4B15.1B15.1B7.8B
Total Current Assets2.9B3.8B2.9B4.0B4.2B2.3B
Property Plant Equipment9.6B9.2B9.1B8.7B10.1B5.7B
Intangible Assets146.4M134.1M177.8M154.7M311.2M326.8M
Short Long Term Debt Total10.6B13.2B12.0B13.7B13.4B7.3B
Property Plant And Equipment Net10.1B9.6B9.1B8.7B8.5B6.4B
Retained Earnings641.8M(1.5B)(2.3B)(2.7B)(2.1B)(2.0B)
Non Current Assets Total11.0B10.1B9.7B9.4B9.8B7.0B
Non Currrent Assets Other223.1M183.0M210.7M391.0M221.5M257.5M
Net Receivables346.4M200.2M199.5M216.0M350.4M202.5M
Common Stock Total Equity1.2M1.2M1.2M1.3M1.5M1.3M
Non Current Liabilities Total10.3B12.7B12.1B13.2B12.9B7.3B
Other Stockholder Equity1.1B1.2B2.1B2.0B1.8B1.0B
Property Plant And Equipment Gross10.1B9.2B14.9B14.8B15.1B15.9B
Accumulated Other Comprehensive Income(1.7M)3.6M6.0M(404K)3.4M3.6M
Short Term Debt323.9M596.4M50M547.5M732.3M768.9M
Common Stock1.2M1.2M1.3M1.3M1.3M1.3M
Other Liab86.2M67.6M33.8M30.2M34.7M33.0M
Current Deferred Revenue824.3M646.9M436.4M506.1M56.1M53.3M
Treasury Stock(1.3B)(1.4B)(1.4B)(1.4B)(1.3B)(1.4B)
Net Tangible Assets1.6B(630.2M)(339.4M)(996.1M)(896.5M)(851.7M)
Noncontrolling Interest In Consolidated Entity(219.3M)(201.6M)(385.3M)(621.8M)(559.6M)(531.6M)
Retained Earnings Total Equity921.8M641.8M(1.5B)(2.3B)(2.1B)(2.0B)

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When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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When running Wynn Resorts' price analysis, check to measure Wynn Resorts' 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 Wynn Resorts is operating at the current time. Most of Wynn Resorts' value examination focuses on studying past and present price action to predict the probability of Wynn Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wynn Resorts' price. Additionally, you may evaluate how the addition of Wynn Resorts to your portfolios can decrease your overall portfolio volatility.
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Is Wynn Resorts' 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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
21.116
Dividend Share
0.75
Earnings Share
6.32
Revenue Per Share
58.049
Quarterly Revenue Growth
0.831
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.