Wilmington Net Tangible Assets vs Total Stockholder Equity Analysis

WCM-A Stock

CAD 2.50 0.31 11.03%

Wilmington Capital financial indicator trend analysis is more than just analyzing Wilmington Capital current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wilmington Capital is a good investment. Please check the relationship between Wilmington Capital Net Tangible Assets and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilmington Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wilmington Capital Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Wilmington Capital's Net Tangible Assets and Total Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Wilmington Capital Management, assuming nothing else is changed. The correlation between historical values of Wilmington Capital's Net Tangible Assets and Total Stockholder Equity 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 Tangible Assets of Wilmington Capital Management are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Wilmington Capital's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Wilmington Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wilmington Capital 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 Wilmington Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Wilmington Capital's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.58 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.56 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	386K	1.7M	3.8M	6.7M
Total Revenue	386K	1.7M	3.8M	7.3M

Gross Profit Total Revenue

Wilmington Capital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Short Term Debt	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Cash	Non Currrent Assets Other	Cash And Short Term Investments	Short Term Investments	Total Current Assets	Net Receivables	Current Deferred Revenue	Other Current Assets	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.33	0.76	0.14	0.89	0.49	0.42	0.43	0.36	0.37	-0.31	0.33	0.34	0.2	0.35	0.47	-0.15	0.71	-0.66	0.78	0.38	0.36	0.24	0.4	0.46	0.69
Short Long Term Debt Total	0.33		-0.21	0.85	-0.01	0.71	-0.5	0.84	0.56	0.88	-0.5	0.68	0.88	0.84	0.64	0.74	0.4	0.36	0.13	0.34	-0.22	-0.21	0.86	-0.56	0.18	-0.35
Total Stockholder Equity	0.76	-0.21		-0.24	0.86	0.02	0.85	-0.16	0.12	-0.26	-0.17	0.0	-0.15	-0.35	0.05	0.1	-0.43	0.62	-0.74	0.65	0.53	0.39	-0.37	0.79	0.3	0.96
Net Debt	0.14	0.85	-0.24		-0.13	0.64	-0.45	0.75	0.77	0.71	-0.72	0.86	0.92	0.83	0.83	0.79	0.18	0.46	0.24	0.43	-0.27	-0.48	0.77	-0.64	0.01	-0.46
Retained Earnings	0.89	-0.01	0.86	-0.13		0.33	0.63	0.05	0.26	-0.04	-0.28	0.17	0.06	-0.12	0.21	0.29	-0.25	0.67	-0.78	0.71	0.43	0.51	-0.16	0.62	0.41	0.82
Non Current Assets Total	0.49	0.71	0.02	0.64	0.33		-0.19	0.73	0.75	0.63	-0.71	0.78	0.76	0.67	0.78	0.84	0.16	0.44	-0.42	0.45	0.04	0.26	0.63	-0.39	0.53	-0.11
Common Stock Shares Outstanding	0.42	-0.5	0.85	-0.45	0.63	-0.19		-0.4	-0.01	-0.57	-0.08	-0.18	-0.47	-0.68	-0.11	-0.1	-0.49	0.4	-0.68	0.41	0.47	0.37	-0.63	0.88	0.05	0.85
Non Current Liabilities Total	0.43	0.84	-0.16	0.75	0.05	0.73	-0.4		0.64	0.96	-0.47	0.73	0.85	0.82	0.7	0.78	0.25	0.41	0.04	0.48	-0.18	-0.16	0.94	-0.5	0.17	-0.31
Other Stockholder Equity	0.36	0.56	0.12	0.77	0.26	0.75	-0.01	0.64		0.45	-0.96	0.98	0.8	0.51	0.99	0.95	-0.03	0.77	-0.23	0.74	-0.08	-0.08	0.48	-0.24	0.11	-0.13
Total Liab	0.37	0.88	-0.26	0.71	-0.04	0.63	-0.57	0.96	0.45		-0.29	0.59	0.83	0.88	0.53	0.64	0.34	0.25	0.18	0.32	-0.21	-0.21	0.98	-0.58	0.2	-0.36
Other Current Liab	-0.31	-0.5	-0.17	-0.72	-0.28	-0.71	-0.08	-0.47	-0.96	-0.29		-0.92	-0.72	-0.38	-0.95	-0.9	0.01	-0.76	0.27	-0.69	0.06	0.04	-0.32	0.15	-0.1	0.07
Short Term Debt	0.33	0.68	0.0	0.86	0.17	0.78	-0.18	0.73	0.98	0.59	-0.92		0.9	0.66	1.0	0.96	0.07	0.7	-0.11	0.68	-0.16	-0.15	0.63	-0.39	0.13	-0.24
Total Current Liabilities	0.34	0.88	-0.15	0.92	0.06	0.76	-0.47	0.85	0.8	0.83	-0.72	0.9		0.87	0.86	0.88	0.25	0.55	0.09	0.55	-0.23	-0.24	0.84	-0.57	0.19	-0.35
Property Plant And Equipment Net	0.2	0.84	-0.35	0.83	-0.12	0.67	-0.68	0.82	0.51	0.88	-0.38	0.66	0.87		0.59	0.6	0.3	0.18	0.26	0.22	-0.26	-0.28	0.92	-0.8	0.25	-0.47
Accounts Payable	0.35	0.64	0.05	0.83	0.21	0.78	-0.11	0.7	0.99	0.53	-0.95	1.0	0.86	0.59		0.96	0.03	0.73	-0.17	0.7	-0.12	-0.11	0.57	-0.32	0.12	-0.19
Cash	0.47	0.74	0.1	0.79	0.29	0.84	-0.1	0.78	0.95	0.64	-0.9	0.96	0.88	0.6	0.96		0.14	0.75	-0.24	0.73	-0.1	0.02	0.63	-0.26	0.2	-0.12
Non Currrent Assets Other	-0.15	0.4	-0.43	0.18	-0.25	0.16	-0.49	0.25	-0.03	0.34	0.01	0.07	0.25	0.3	0.03	0.14		-0.11	0.39	-0.22	-0.82	0.18	0.35	-0.36	-0.18	-0.39
Cash And Short Term Investments	0.71	0.36	0.62	0.46	0.67	0.44	0.4	0.41	0.77	0.25	-0.76	0.7	0.55	0.18	0.73	0.75	-0.11		-0.38	0.98	0.05	0.03	0.19	0.31	0.02	0.41
Short Term Investments	-0.66	0.13	-0.74	0.24	-0.78	-0.42	-0.68	0.04	-0.23	0.18	0.27	-0.11	0.09	0.26	-0.17	-0.24	0.39	-0.38		-0.43	-0.66	-0.72	0.26	-0.56	-0.67	-0.73
Total Current Assets	0.78	0.34	0.65	0.43	0.71	0.45	0.41	0.48	0.74	0.32	-0.69	0.68	0.55	0.22	0.7	0.73	-0.22	0.98	-0.43		0.16	0.03	0.25	0.32	0.1	0.46
Net Receivables	0.38	-0.22	0.53	-0.27	0.43	0.04	0.47	-0.18	-0.08	-0.21	0.06	-0.16	-0.23	-0.26	-0.12	-0.1	-0.82	0.05	-0.66	0.16		0.19	-0.27	0.42	0.55	0.55
Current Deferred Revenue	0.36	-0.21	0.39	-0.48	0.51	0.26	0.37	-0.16	-0.08	-0.21	0.04	-0.15	-0.24	-0.28	-0.11	0.02	0.18	0.03	-0.72	0.03	0.19		-0.28	0.39	0.54	0.51
Other Current Assets	0.24	0.86	-0.37	0.77	-0.16	0.63	-0.63	0.94	0.48	0.98	-0.32	0.63	0.84	0.92	0.57	0.63	0.35	0.19	0.26	0.25	-0.27	-0.28		-0.69	0.18	-0.48
Common Stock	0.4	-0.56	0.79	-0.64	0.62	-0.39	0.88	-0.5	-0.24	-0.58	0.15	-0.39	-0.57	-0.8	-0.32	-0.26	-0.36	0.31	-0.56	0.32	0.42	0.39	-0.69		0.0	0.85
Other Liab	0.46	0.18	0.3	0.01	0.41	0.53	0.05	0.17	0.11	0.2	-0.1	0.13	0.19	0.25	0.12	0.2	-0.18	0.02	-0.67	0.1	0.55	0.54	0.18	0.0		0.33
Net Tangible Assets	0.69	-0.35	0.96	-0.46	0.82	-0.11	0.85	-0.31	-0.13	-0.36	0.07	-0.24	-0.35	-0.47	-0.19	-0.12	-0.39	0.41	-0.73	0.46	0.55	0.51	-0.48	0.85	0.33

Click cells to compare fundamentals

Wilmington Capital Account Relationship Matchups

Wilmington Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	61.3M	62.3M	64.0M	70.8M	74.2M	61.6M
Total Stockholder Equity	56.4M	61.2M	62.6M	68.4M	71.3M	37.6M
Net Debt	(4.7M)	(2.9M)	(1.8M)	(3.9M)	(10.5M)	(10.0M)
Retained Earnings	4.4M	5.0M	4.6M	7.4M	10.4M	10.9M
Non Current Assets Total	9.4M	17.0M	26.4M	31.7M	41.9M	45.4M
Common Stock Shares Outstanding	10.2M	10.4M	12.4M	12.3M	12.4M	10.4M
Liabilities And Stockholders Equity	61.3M	62.3M	64.0M	70.8M	74.2M	61.6M
Non Current Liabilities Total	138K	268K	719K	1.4M	1.9M	1.8M
Other Stockholder Equity	266K	601K	1.2M	1.5M	1.1M	1.1M
Total Liab	4.9M	1.1M	1.4M	2.4M	2.9M	2.7M
Total Current Liabilities	4.7M	797K	686K	946K	1.0M	958.6K
Accounts Payable	674K	581K	642K	790K	800K	760K
Cash	5.1M	3.1M	1.9M	4.0M	10.7M	7.2M
Cash And Short Term Investments	50.1M	44.1M	36.9M	26.0M	27.7M	17.9M
Total Current Assets	51.8M	45.3M	37.6M	39.1M	32.3M	19.6M
Accumulated Other Comprehensive Income	546K	4.4M	5.7M	8.4M	8.5M	8.9M
Net Receivables	1.8M	1.2M	676K	13.0M	4.5M	2.6M
Net Tangible Assets	56.4M	61.2M	62.6M	68.4M	78.7M	43.6M
Long Term Investments	8.6M	16.5M	24.2M	31.6M	35.2M	23.3M
Other Assets	2.2M	501K	510K	2.1M	2.4M	2.5M
Net Invested Capital	56.4M	61.2M	62.6M	68.4M	71.3M	57.7M
Net Working Capital	47.1M	44.5M	36.9M	38.1M	31.3M	31.9M

Pair Trading with Wilmington Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wilmington Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wilmington Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Wilmington Stock

0.5

CMC

Cielo Waste Solutions

Pair Corr

The ability to find closely correlated positions to Wilmington Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wilmington Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wilmington Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wilmington Capital Management to buy it.

The correlation of Wilmington Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wilmington Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wilmington Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wilmington Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Wilmington Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC