Wrap Technologies Financials

WRAP Stock  USD 1.79  0.23  14.74%   
Based on the key indicators related to Wrap Technologies' liquidity, profitability, solvency, and operating efficiency, Wrap Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Wrap Technologies' Capital Surpluse is relatively stable compared to the past year. As of 11/28/2024, Inventory is likely to grow to about 6.1 M, while Net Tangible Assets are likely to drop slightly above 22.5 M. Key indicators impacting Wrap Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.20.1948
Fairly Up
Slightly volatile
Current Ratio0.860.9021
Sufficiently Down
Pretty Stable
Investors should never underestimate Wrap Technologies' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Wrap Technologies' cash flow, debt, and profitability to make informed and accurate decisions about investing in Wrap Technologies.

Net Income

(28.71 Million)

  
Understanding current and past Wrap Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Wrap Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Wrap Technologies' assets may result in an increase in income on the income statement.

Wrap Technologies Stock Summary

Wrap Technologies competes with Red Cat, WiSA Technologies, VerifyMe, and Oblong. Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company was founded in 2016 and is based in Tempe, Arizona. Wrap Technologies operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 68 people.
Specialization
Information Technology, Scientific & Technical Instruments
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS98212N1072
CUSIP98212N107
LocationArizona; U.S.A
Business Address1817 West 4th
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.wrap.com
Phone800 583 2652
CurrencyUSD - US Dollar

Wrap Technologies Key Financial Ratios

Wrap Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets20.4M48.8M44.2M30.6M28.5M26.0M
Other Current Liab194.3K970.7K851K1.3M19.7M20.7M
Net Tangible Assets19.0M45.0M39.3M24.5M28.2M22.5M
Net Debt(16.7M)(16.3M)(4.9M)(5.0M)(4.5M)(4.8M)
Retained Earnings(12.7M)(25.3M)(49.8M)(67.4M)(98.0M)(93.1M)
Accounts Payable407.0K1.2M1.8M1.4M1.1M856.4K
Cash17.0M16.6M4.9M5.3M4.0M3.8M
Other Assets12.7K151.8K9K100K115K120.8K
Capital Surpluse16.8M31.9M71.7M94.3M108.5M113.9M
Inventory2.2M2.7M1.6M4.0M5.8M6.1M
Other Current Assets250.9K760K1.7M775K953K636.6K
Total Liab1.2M2.4M3.0M3.5M25.3M26.6M
Total Current Assets19.7M46.9M41.2M26.9M21.2M23.7M
Common Stock2.7K3.0K3.8K4K4.6K3.4K
Net Invested Capital19.2M46.4M41.3M27.1M1.1M1.1M
Net Working Capital18.6M44.6M38.4M23.7M(2.3M)(2.2M)
Net Receivables195.3K1.9M3.9M2.8M3.0M2.2M
Intangible Assets230.3K1.4M2.0M2.6M2.6M2.5M

Wrap Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.9M)(343K)559K(2.4M)(2.2M)(2.1M)
Change In Cash4.6M(337K)(11.7M)393K(1.4M)(1.3M)
Depreciation46.9K163K478K762K823K864.2K
Capital Expenditures371.0K922K1.9M429K623K613.0K
Net Income(8.3M)(12.6M)(24.4M)(17.6M)(30.2M)(28.7M)
End Period Cash Flow17.0M16.6M4.9M5.3M4.0M3.8M
Change To Netincome1.5M1.8M6.6M3.3M3.8M2.3M
Free Cash Flow(8.9M)(13.1M)(20.2M)(15.0M)(17.3M)(18.2M)
Other Non Cash Items182.7K124K1.1M385K177K185.9K

Wrap Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Wrap Technologies's current stock value. Our valuation model uses many indicators to compare Wrap Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wrap Technologies competition to find correlations between indicators driving Wrap Technologies's intrinsic value. More Info.
Wrap Technologies is rated third in return on equity category among its peers. It is rated third in return on asset category among its peers . At this time, Wrap Technologies' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Wrap Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Wrap Technologies Systematic Risk

Wrap Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wrap Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Wrap Technologies correlated with the market. If Beta is less than 0 Wrap Technologies generally moves in the opposite direction as compared to the market. If Wrap Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wrap Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wrap Technologies is generally in the same direction as the market. If Beta > 1 Wrap Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Wrap Technologies Thematic Clasifications

Wrap Technologies is part of Defense investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Defense industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
DefenseView
This theme covers USA Equities from Defense industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Wrap Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wrap Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Wrap Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0577)

At this time, Wrap Technologies' Price Earnings To Growth Ratio is relatively stable compared to the past year.

Wrap Technologies November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Wrap Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wrap Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wrap Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Wrap Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wrap Technologies's daily price indicators and compare them against related drivers.

Additional Tools for Wrap Stock Analysis

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