Widepoint Non Current Assets Total vs Common Stock Shares Outstanding Analysis
WYY Stock | USD 2.69 0.01 0.37% |
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 Non Current Assets Total and its Common Stock Shares Outstanding 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.
Non Current Assets Total vs Common Stock Shares Outstanding
Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Widepoint C Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Widepoint's Non Current Assets Total and Common Stock Shares Outstanding is 0.72. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding 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 Non Current Assets Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Widepoint C are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Assets Total i.e., Widepoint's Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 Revenue | 87.3M | 94.1M | 106.0M | 53.8M | Depreciation And Amortization | 1.0M | 2.5M | 3.4M | 3.5M |
Widepoint fundamental ratios Correlations
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Widepoint Account Relationship Matchups
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Widepoint fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.3M | 101.3M | 75.5M | 49.0M | 53.8M | 36.8M | |
Short Long Term Debt Total | 6.2M | 6.5M | 6.8M | 5.3M | 4.8M | 3.0M | |
Other Current Liab | 15.1M | 15.6M | 12.7M | 11.3M | 16.2M | 17.0M | |
Total Current Liabilities | 31.5M | 54.4M | 26.0M | 26.1M | 31.5M | 33.0M | |
Total Stockholder Equity | 24.9M | 40.6M | 41.7M | 17.8M | 14.7M | 19.7M | |
Property Plant And Equipment Net | 6.6M | 6.7M | 7.1M | 5.7M | 4.8M | 5.1M | |
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) | |
Cash | 6.9M | 16.0M | 6.5M | 7.5M | 6.9M | 5.3M | |
Non Current Assets Total | 27.8M | 33.8M | 42.3M | 21.0M | 21.0M | 18.0M | |
Non Currrent Assets Other | 140.4K | 815.0K | 1.7M | 2.0M | 483.3K | 507.5K | |
Cash And Short Term Investments | 6.9M | 16.0M | 6.5M | 7.5M | 6.9M | 5.3M | |
Net Receivables | 28.6M | 49.7M | 23.5M | 19.5M | 24.8M | 12.8M | |
Common Stock Shares Outstanding | 8.4M | 8.6M | 9.2M | 8.7M | 8.8M | 6.0M | |
Liabilities And Stockholders Equity | 64.3M | 101.3M | 75.5M | 49.0M | 53.8M | 36.8M | |
Other Stockholder Equity | 95.3M | 100.5M | 101.4M | 101.2M | 102.2M | 77.2M | |
Total Liab | 39.4M | 60.8M | 33.8M | 31.3M | 39.1M | 41.1M | |
Total Current Assets | 36.5M | 67.5M | 33.1M | 28.0M | 32.8M | 18.8M | |
Short Term Debt | 599.6K | 577.9K | 794.2K | 596.5K | 638.3K | 887.6K | |
Common Stock | 83.9K | 8.9K | 8.8K | 8.7K | 8.9K | 8.4K | |
Accounts Payable | 13.6M | 36.2M | 10.3M | 12.5M | 12.6M | 7.4M | |
Non Current Liabilities Total | 7.8M | 6.3M | 7.8M | 5.1M | 7.7M | 8.1M | |
Other Current Assets | 1.1M | 1.8M | 3.2M | 11.2M | 717.5K | 681.7K | |
Property Plant And Equipment Gross | 6.6M | 573.0K | 7.1M | 8.8M | 8.4M | 8.8M | |
Accumulated Other Comprehensive Income | (242.6K) | (104.6K) | (241.6K) | (350.2K) | (334.9K) | (351.6K) | |
Intangible Assets | 2.5M | 2.2M | 6.2M | 7.4M | 7.8M | 8.2M | |
Other Assets | 140.4K | 12.5M | 6.9M | 2.1M | 2.4M | 2.2M | |
Common Stock Total Equity | 83.0K | 84.1K | 83.9K | 8.9K | 10.2K | 9.7K | |
Property Plant Equipment | 681.6K | 6.7M | 7.1M | 5.7M | 6.6M | 6.9M | |
Inventory | 213.7K | 991.0K | 590.1K | 222.3K | 366.1K | 384.4K | |
Other Liab | 2.2M | 398.4K | 1.7M | 371.7K | 427.5K | 648.2K | |
Current Deferred Revenue | 2.3M | 2.0M | 2.3M | 1.7M | 2.0M | 1.3M | |
Net Tangible Assets | 24.9M | 19.8M | 13.4M | 4.5M | 5.2M | 5.0M | |
Retained Earnings Total Equity | (69.0M) | (70.4M) | (70.2M) | (59.9M) | (53.9M) | (56.6M) | |
Capital Surpluse | 95.3M | 100.5M | 101.4M | 101.2M | 116.4M | 98.7M | |
Deferred Long Term Liab | 656.4K | 2.0M | 2.2M | 398.4K | 458.2K | 801.3K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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 (0.42) | 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.