Widepoint Net Income From Continuing Ops vs Interest Income Analysis

WYY Stock  USD 2.64  0.06  2.33%   
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 Net Income From Continuing Ops and its Interest Income 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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Net Income From Continuing Ops vs Interest Income

Net Income From Continuing Ops vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Widepoint C Net Income From Continuing Ops account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Widepoint's Net Income From Continuing Ops and Interest Income is -0.1. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income 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 Net Income From Continuing Ops and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Widepoint C are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., Widepoint's Net Income From Continuing Ops and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 tightly coupled 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 determining whether Widepoint C offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Widepoint's 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 Widepoint C Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Widepoint C Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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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.
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Is Widepoint'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 Widepoint. If investors know Widepoint 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 Widepoint 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
(0.54)
Earnings Share
(0.46)
Revenue Per Share
12.007
Quarterly Revenue Growth
0.211
Return On Assets
(0.04)
The market value of Widepoint C is measured differently than its book value, which is the value of Widepoint that is recorded on the company's balance sheet. Investors also form their own opinion of Widepoint's value that differs from its market value or its book value, called intrinsic value, which is Widepoint'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 Widepoint's market value can be influenced by many factors that don't directly affect Widepoint'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 Widepoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Widepoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Widepoint'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.