WixCom Free Cash Flow vs Depreciation Analysis

WIX Stock  USD 214.55  2.84  1.31%   
WixCom financial indicator trend analysis is more than just analyzing WixCom current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WixCom is a good investment. Please check the relationship between WixCom Free Cash Flow and its Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between WixCom's Free Cash Flow and Depreciation is 0.78. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of WixCom are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., WixCom's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of WixCom value has been used up. For tax purposes WixCom can deduct the cost of the tangible assets it purchases as business expenses. However, WixCom must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from WixCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WixCom 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 WixCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.At this time, WixCom's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2025, despite the fact that Tax Provision is likely to grow to (5.7 M).
 2022 2023 2024 2025 (projected)
Interest Expense5.2M4.8M5.5M5.6M
Depreciation And Amortization22.9M26.4M30.4M31.9M

WixCom fundamental ratios Correlations

0.810.470.82-0.050.750.630.820.71-0.820.730.680.770.720.430.820.740.640.750.780.160.740.810.810.62-0.24
0.810.610.94-0.020.950.810.960.88-0.930.80.870.980.940.510.990.90.730.840.990.030.920.980.990.8-0.51
0.470.610.490.310.490.30.450.74-0.490.570.250.640.470.460.580.370.50.70.590.310.580.570.550.29-0.08
0.820.940.49-0.30.920.810.960.89-0.980.80.80.920.880.470.930.90.720.80.910.010.90.940.970.8-0.48
-0.05-0.020.31-0.3-0.16-0.37-0.21-0.130.330.08-0.1-0.08-0.140.230.05-0.310.10.17-0.040.44-0.21-0.07-0.15-0.370.22
0.750.950.490.92-0.160.80.930.85-0.90.80.840.950.980.560.930.880.650.770.960.060.910.910.960.79-0.5
0.630.810.30.81-0.370.80.920.61-0.870.360.920.870.87-0.030.730.980.510.390.86-0.490.90.880.861.0-0.75
0.820.960.450.96-0.210.930.920.79-0.960.680.930.960.940.320.930.980.710.690.96-0.130.940.990.980.91-0.62
0.710.880.740.89-0.130.850.610.79-0.850.850.570.880.790.660.870.710.590.910.860.20.810.820.890.59-0.28
-0.82-0.93-0.49-0.980.33-0.9-0.87-0.96-0.85-0.71-0.83-0.93-0.89-0.35-0.9-0.94-0.72-0.73-0.910.1-0.92-0.95-0.96-0.860.46
0.730.80.570.80.080.80.360.680.85-0.710.480.710.690.870.860.530.680.970.740.530.610.70.780.33-0.07
0.680.870.250.8-0.10.840.920.930.57-0.830.480.860.90.120.840.940.630.490.9-0.330.850.910.870.92-0.7
0.770.980.640.92-0.080.950.870.960.88-0.930.710.860.960.410.940.930.670.760.99-0.060.960.980.980.86-0.57
0.720.940.470.88-0.140.980.870.940.79-0.890.690.90.960.430.910.920.620.680.97-0.070.940.930.950.86-0.59
0.430.510.460.470.230.56-0.030.320.66-0.350.870.120.410.430.580.140.430.830.440.770.320.340.47-0.050.22
0.820.990.580.930.050.930.730.930.87-0.90.860.840.940.910.580.840.760.880.960.120.860.950.970.72-0.44
0.740.90.370.9-0.310.880.980.980.71-0.940.530.940.930.920.140.840.620.540.92-0.330.930.950.930.97-0.7
0.640.730.50.720.10.650.510.710.59-0.720.680.630.670.620.430.760.620.690.670.240.670.750.710.5-0.16
0.750.840.70.80.170.770.390.690.91-0.730.970.490.760.680.830.880.540.690.770.480.650.740.80.36-0.07
0.780.990.590.91-0.040.960.860.960.86-0.910.740.90.990.970.440.960.920.670.77-0.060.940.970.980.85-0.57
0.160.030.310.010.440.06-0.49-0.130.20.10.53-0.33-0.06-0.070.770.12-0.330.240.48-0.06-0.1-0.09-0.03-0.50.48
0.740.920.580.9-0.210.910.90.940.81-0.920.610.850.960.940.320.860.930.670.650.94-0.10.940.940.89-0.62
0.810.980.570.94-0.070.910.880.990.82-0.950.70.910.980.930.340.950.950.750.740.97-0.090.940.980.87-0.6
0.810.990.550.97-0.150.960.860.980.89-0.960.780.870.980.950.470.970.930.710.80.98-0.030.940.980.84-0.54
0.620.80.290.8-0.370.791.00.910.59-0.860.330.920.860.86-0.050.720.970.50.360.85-0.50.890.870.84-0.76
-0.24-0.51-0.08-0.480.22-0.5-0.75-0.62-0.280.46-0.07-0.7-0.57-0.590.22-0.44-0.7-0.16-0.07-0.570.48-0.62-0.6-0.54-0.76
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WixCom Account Relationship Matchups

WixCom fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding54.4M57.0M58.0M58.4M67.2M46.6M
Total Assets1.8B2.1B1.8B1.8B2.1B2.2B
Other Current Liab527.5M116.5M145.0M133.1M153.1M99.9M
Total Current Liabilities617.0M774.3M1.2B789.0M907.4M952.8M
Total Stockholder Equity250.3M145.7M(263.2M)(54.5M)(49.0M)(46.6M)
Other Liab23.6M66.2M135.0M91.6M105.3M110.6M
Property Plant And Equipment Net124.3M151.5M309.3M557.5M641.1M673.2M
Current Deferred Revenue373.5M484.4M529.2M592.6M681.5M715.6M
Net Debt762.1M582.6M885.8M386.7M444.7M466.9M
Retained Earnings(621.3M)(648.1M)(1.1B)(1.0B)(935.9M)(889.1M)
Accounts Payable79.9M114.6M96.1M38.3M44.1M41.5M
Cash168.9M451.4M244.7M609.6M701.1M736.1M
Non Current Assets Total725.6M670.0M610.6M733.9M844.0M886.2M
Non Currrent Assets Other21.0M41.6M23.0M34.3M39.4M41.4M
Other Assets21.0M41.6M23.0M1.01.151.09
Cash And Short Term Investments1.0B1.3B1.1B962.9M1.1B1.2B
Net Receivables23.7M30.4M42.1M57.4M66.0M69.3M
Short Term Investments867.1M868.2M818.8M353.3M406.3M346.2M
Liabilities And Stockholders Equity1.8B2.1B1.8B1.8B2.1B2.2B
Non Current Liabilities Total959.5M1.1B831.1M1.1B1.2B1.3B
Inventory22.0M27.2M13.7M(1.0)(1.15)(1.09)
Other Current Assets41.6M39.9M42.2M49.9M57.4M60.3M
Other Stockholder Equity862.1M794.8M843.1M981.1M1.1B1.2B
Total Liab1.6B1.9B2.0B1.9B2.1B2.2B
Property Plant And Equipment Gross124.3M151.5M309.3M610.0M701.5M736.6M
Total Current Assets1.1B1.4B1.1B1.1B1.2B1.3B
Accumulated Other Comprehensive Income9.4M(1.1M)(33.5M)4.2M3.8M4.0M
Short Term Debt22.3M58.4M420.2M25.0M28.7M27.3M
Common Stock107K111K108K110K126.5K82.8K
Property Plant Equipment111.0M124.3M151.5M309.3M355.7M373.5M
Net Tangible Assets170.1M258.2M56.2M(346.5M)(311.9M)(296.3M)
Intangible Assets19.3M40.2M34.0M28.0M32.2M22.6M
Short Long Term Debt Total931.0M1.0B1.1B996.3M1.1B786.1M
Long Term Debt834.4M923.0M566.6M569.7M655.2M564.7M
Net Invested Capital1.1B1.1B664.9M515.2M592.5M700.3M

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