Widepoint Common Stock vs Property Plant And Equipment Net Analysis

WYY Stock  USD 2.89  0.04  1.37%   
Widepoint financial indicator trend analysis is more than just analyzing Widepoint C current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Widepoint C is a good investment. Please check the relationship between Widepoint Common Stock 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 Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Common Stock vs Property Plant And Equipment Net

Common Stock 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 Widepoint C Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Widepoint's Common Stock and Property Plant And Equipment Net is -0.58. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Widepoint C, assuming nothing else is changed. The correlation between historical values of Widepoint's Common Stock 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 Common Stock of Widepoint C 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 Common Stock i.e., Widepoint's Common Stock and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

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 Widepoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Widepoint C 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 Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Widepoint's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 30.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue87.3M94.1M106.0M53.8M
Depreciation And Amortization1.0M2.5M3.4M3.5M

Widepoint fundamental ratios Correlations

0.440.590.820.770.69-0.27-0.330.620.780.210.620.940.720.750.810.94-0.11-0.140.860.440.160.13-0.540.43-0.22
0.440.090.290.240.550.560.04-0.020.580.62-0.020.330.230.110.420.280.29-0.290.390.80.280.31-0.10.430.55
0.590.090.880.170.8-0.24-0.810.350.26-0.030.350.710.570.670.870.67-0.36-0.390.570.550.190.67-0.130.1-0.61
0.820.290.880.390.81-0.32-0.610.570.410.120.570.920.570.650.980.9-0.3-0.410.890.560.20.41-0.30.4-0.42
0.770.240.170.390.29-0.30.010.510.840.090.510.540.550.550.360.60.210.190.460.07-0.08-0.21-0.530.26-0.07
0.690.550.80.810.29-0.01-0.520.370.470.310.370.710.470.530.860.69-0.16-0.580.640.770.440.74-0.030.39-0.35
-0.270.56-0.24-0.32-0.3-0.010.16-0.840.180.38-0.84-0.32-0.07-0.29-0.18-0.480.190.02-0.340.450.080.18-0.01-0.020.69
-0.330.04-0.81-0.610.01-0.520.16-0.16-0.13-0.08-0.16-0.43-0.7-0.77-0.61-0.390.330.14-0.28-0.39-0.36-0.690.040.360.44
0.62-0.020.350.570.510.37-0.84-0.160.16-0.051.00.60.240.430.490.76-0.04-0.210.66-0.030.08-0.02-0.050.3-0.47
0.780.580.260.410.840.470.18-0.130.160.360.160.560.720.610.450.520.150.110.440.440.090.06-0.570.250.17
0.210.62-0.030.120.090.310.38-0.08-0.050.36-0.050.10.20.130.210.09-0.14-0.340.210.530.540.280.150.250.46
0.62-0.020.350.570.510.37-0.84-0.161.00.16-0.050.60.240.430.490.76-0.04-0.210.66-0.030.08-0.02-0.050.3-0.47
0.940.330.710.920.540.71-0.32-0.430.60.560.10.60.640.70.890.98-0.28-0.230.940.430.170.18-0.510.44-0.34
0.720.230.570.570.550.47-0.07-0.70.240.720.20.240.640.960.560.59-0.140.180.460.320.290.31-0.53-0.18-0.18
0.750.110.670.650.550.53-0.29-0.770.430.610.130.430.70.960.620.68-0.20.080.510.260.320.37-0.42-0.17-0.38
0.810.420.870.980.360.86-0.18-0.610.490.450.210.490.890.560.620.86-0.27-0.450.860.690.220.5-0.250.41-0.31
0.940.280.670.90.60.69-0.48-0.390.760.520.090.760.980.590.680.86-0.23-0.260.940.360.170.15-0.420.45-0.4
-0.110.29-0.36-0.30.21-0.160.190.33-0.040.15-0.14-0.04-0.28-0.14-0.2-0.27-0.230.16-0.27-0.05-0.16-0.120.04-0.010.34
-0.14-0.29-0.39-0.410.19-0.580.020.14-0.210.11-0.34-0.21-0.230.180.08-0.45-0.260.16-0.34-0.47-0.41-0.55-0.6-0.650.24
0.860.390.570.890.460.64-0.34-0.280.660.440.210.660.940.460.510.860.94-0.27-0.340.410.20.07-0.410.61-0.21
0.440.80.550.560.070.770.45-0.39-0.030.440.53-0.030.430.320.260.690.36-0.05-0.470.410.220.680.050.280.23
0.160.280.190.2-0.080.440.08-0.360.080.090.540.080.170.290.320.220.17-0.16-0.410.20.220.50.190.07-0.12
0.130.310.670.41-0.210.740.18-0.69-0.020.060.28-0.020.180.310.370.50.15-0.12-0.550.070.680.50.41-0.11-0.31
-0.54-0.1-0.13-0.3-0.53-0.03-0.010.04-0.05-0.570.15-0.05-0.51-0.53-0.42-0.25-0.420.04-0.6-0.410.050.190.410.0-0.08
0.430.430.10.40.260.39-0.020.360.30.250.250.30.44-0.18-0.170.410.45-0.01-0.650.610.280.07-0.110.00.03
-0.220.55-0.61-0.42-0.07-0.350.690.44-0.470.170.46-0.47-0.34-0.18-0.38-0.31-0.40.340.24-0.210.23-0.12-0.31-0.080.03
Click cells to compare fundamentals

Widepoint Account Relationship Matchups

Widepoint fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.3M101.3M75.5M49.0M53.8M36.8M
Short Long Term Debt Total6.2M6.5M6.8M5.3M4.8M3.0M
Other Current Liab15.1M15.6M12.7M11.3M16.2M17.0M
Total Current Liabilities31.5M54.4M26.0M26.1M31.5M33.0M
Total Stockholder Equity24.9M40.6M41.7M17.8M14.7M19.7M
Property Plant And Equipment Net6.6M6.7M7.1M5.7M4.8M5.1M
Net Debt(686.4K)(9.5M)339.9K(2.2M)(2.2M)(2.3M)
Retained Earnings(70.2M)(59.9M)(59.5M)(83.1M)(87.1M)(82.8M)
Cash6.9M16.0M6.5M7.5M6.9M5.3M
Non Current Assets Total27.8M33.8M42.3M21.0M21.0M18.0M
Non Currrent Assets Other140.4K815.0K1.7M2.0M483.3K507.5K
Cash And Short Term Investments6.9M16.0M6.5M7.5M6.9M5.3M
Net Receivables28.6M49.7M23.5M19.5M24.8M12.8M
Common Stock Shares Outstanding8.4M8.6M9.2M8.7M8.8M6.0M
Liabilities And Stockholders Equity64.3M101.3M75.5M49.0M53.8M36.8M
Other Stockholder Equity95.3M100.5M101.4M101.2M102.2M77.2M
Total Liab39.4M60.8M33.8M31.3M39.1M41.1M
Total Current Assets36.5M67.5M33.1M28.0M32.8M18.8M
Short Term Debt599.6K577.9K794.2K596.5K638.3K887.6K
Common Stock83.9K8.9K8.8K8.7K8.9K8.4K
Accounts Payable13.6M36.2M10.3M12.5M12.6M7.4M
Non Current Liabilities Total7.8M6.3M7.8M5.1M7.7M8.1M
Other Current Assets1.1M1.8M3.2M11.2M717.5K681.7K
Property Plant And Equipment Gross6.6M573.0K7.1M8.8M8.4M8.8M
Accumulated Other Comprehensive Income(242.6K)(104.6K)(241.6K)(350.2K)(334.9K)(351.6K)
Intangible Assets2.5M2.2M6.2M7.4M7.8M8.2M
Other Assets140.4K12.5M6.9M2.1M2.4M2.2M
Common Stock Total Equity83.0K84.1K83.9K8.9K10.2K9.7K
Property Plant Equipment681.6K6.7M7.1M5.7M6.6M6.9M
Inventory213.7K991.0K590.1K222.3K366.1K384.4K
Other Liab2.2M398.4K1.7M371.7K427.5K648.2K
Current Deferred Revenue2.3M2.0M2.3M1.7M2.0M1.3M
Net Tangible Assets24.9M19.8M13.4M4.5M5.2M5.0M
Retained Earnings Total Equity(69.0M)(70.4M)(70.2M)(59.9M)(53.9M)(56.6M)
Capital Surpluse95.3M100.5M101.4M101.2M116.4M98.7M
Deferred Long Term Liab656.4K2.0M2.2M398.4K458.2K801.3K

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