WixCom Net Income vs Capital Expenditures 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 Net Income and its Capital Expenditures 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.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WixCom's Net Income and Capital Expenditures is -0.15. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Net Income and Capital Expenditures 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 of WixCom are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., WixCom's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in WixCom financial statement analysis. It represents the amount of money remaining after all of WixCom operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by WixCom to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of WixCom operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
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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