WixCom Non Current Liabilities Total vs Cash Analysis

WIX Stock  USD 219.61  4.89  2.18%   
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 Non Current Liabilities Total and its Cash 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.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WixCom's Non Current Liabilities Total and Cash is 0.87. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Non Current Liabilities Total and Cash 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 Liabilities Total of WixCom are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., WixCom's Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Cash

Cash refers to the most liquid asset of WixCom, which is listed under current asset account on WixCom balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from WixCom customers. The amounts must be unrestricted with restricted cash listed in a different WixCom account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 2024, despite the fact that Tax Provision is likely to grow to (6.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense5.3M5.2M4.8M5.6M
Depreciation And Amortization18.9M22.9M26.4M27.8M

WixCom fundamental ratios Correlations

0.810.460.830.020.720.550.810.71-0.780.790.620.750.690.560.840.710.60.790.760.370.70.810.80.53-0.23
0.810.620.880.060.940.770.960.85-0.920.860.840.980.930.640.940.880.730.890.990.220.910.980.990.75-0.48
0.460.620.50.340.470.290.470.74-0.470.570.230.670.470.490.60.380.490.70.610.390.610.590.570.28-0.07
0.830.880.5-0.210.830.640.870.9-0.90.880.630.830.770.680.910.780.750.880.820.30.790.850.910.61-0.2
0.020.060.34-0.21-0.12-0.35-0.15-0.070.30.09-0.020.0-0.070.210.17-0.270.150.190.040.41-0.150.01-0.09-0.350.26
0.720.940.470.83-0.120.810.940.78-0.90.810.840.940.990.640.850.90.630.780.960.170.910.910.960.8-0.55
0.550.770.290.64-0.350.810.880.52-0.90.40.880.830.830.090.560.970.490.430.82-0.360.860.840.821.0-0.86
0.810.960.470.87-0.150.940.880.74-0.980.760.90.950.930.480.850.970.720.760.950.060.920.980.980.87-0.63
0.710.850.740.9-0.070.780.520.74-0.780.870.460.840.740.770.870.650.580.930.820.380.770.780.860.49-0.11
-0.78-0.92-0.47-0.90.3-0.9-0.9-0.98-0.78-0.72-0.83-0.93-0.88-0.42-0.8-0.97-0.7-0.73-0.910.01-0.92-0.95-0.96-0.890.61
0.790.860.570.880.090.810.40.760.87-0.720.550.780.760.90.930.610.680.970.80.590.680.780.850.38-0.05
0.620.840.230.63-0.020.840.880.90.46-0.830.550.820.860.260.720.910.630.540.87-0.170.790.880.840.88-0.75
0.750.980.670.830.00.940.830.950.84-0.930.780.820.950.560.870.910.670.830.990.130.950.970.980.82-0.57
0.690.930.470.77-0.070.990.830.930.74-0.880.760.860.950.590.820.90.610.740.960.130.920.90.940.82-0.6
0.560.640.490.680.210.640.090.480.77-0.420.90.260.560.590.770.290.480.860.590.770.470.490.610.060.24
0.840.940.60.910.170.850.560.850.87-0.80.930.720.870.820.770.720.780.950.90.410.760.880.910.54-0.18
0.710.880.380.78-0.270.90.970.970.65-0.970.610.910.910.90.290.720.620.610.9-0.160.910.930.920.96-0.76
0.60.730.490.750.150.630.490.720.58-0.70.680.630.670.610.480.780.620.690.670.350.670.760.70.48-0.19
0.790.890.70.880.190.780.430.760.93-0.730.970.540.830.740.860.950.610.690.840.550.710.810.860.4-0.06
0.760.990.610.820.040.960.820.950.82-0.910.80.870.990.960.590.90.90.670.840.130.920.960.980.8-0.56
0.370.220.390.30.410.17-0.360.060.380.010.59-0.170.130.130.770.41-0.160.350.550.130.110.110.15-0.380.55
0.70.910.610.79-0.150.910.860.920.77-0.920.680.790.950.920.470.760.910.670.710.920.110.920.930.85-0.62
0.810.980.590.850.010.910.840.980.78-0.950.780.880.970.90.490.880.930.760.810.960.110.920.970.83-0.59
0.80.990.570.91-0.090.960.820.980.86-0.960.850.840.980.940.610.910.920.70.860.980.150.930.970.8-0.52
0.530.750.280.61-0.350.81.00.870.49-0.890.380.880.820.820.060.540.960.480.40.8-0.380.850.830.8-0.87
-0.23-0.48-0.07-0.20.26-0.55-0.86-0.63-0.110.61-0.05-0.75-0.57-0.60.24-0.18-0.76-0.19-0.06-0.560.55-0.62-0.59-0.52-0.87
Click cells to compare fundamentals

WixCom Account Relationship Matchups

WixCom fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.5M54.4M57.0M58.0M58.4M46.6M
Total Assets1.1B1.8B2.1B1.8B1.8B1.9B
Other Current Liab77.4M527.5M116.5M145.0M133.1M99.9M
Total Current Liabilities444.2M617.0M774.3M1.2B789.0M423.3M
Total Stockholder Equity207.7M250.3M145.7M(263.2M)(54.5M)(51.8M)
Other Liab23.6M66.2M135.0M91.6M105.3M110.6M
Property Plant And Equipment Net111.0M124.3M151.5M309.3M557.5M585.4M
Current Deferred Revenue289.1M373.5M484.4M529.2M592.6M622.2M
Net Debt175.0M762.1M582.6M885.8M386.7M205.1M
Retained Earnings(404.8M)(621.3M)(648.1M)(1.1B)(1.0B)(987.9M)
Accounts Payable37.7M79.9M114.6M96.1M38.3M41.5M
Cash268.1M168.9M451.4M244.7M609.6M640.1M
Non Current Assets Total334.2M725.6M670.0M610.6M733.9M770.6M
Non Currrent Assets Other8.3M21.0M41.6M23.0M34.3M36.0M
Other Assets9.9M21.0M41.6M23.0M1.00.95
Cash And Short Term Investments726.5M1.0B1.3B1.1B962.9M552.7M
Net Receivables17.0M23.7M30.4M42.1M57.4M60.3M
Common Stock Total Equity80K88K94K107K123.1K77.6K
Short Term Investments458.4M867.1M868.2M818.8M353.3M346.2M
Liabilities And Stockholders Equity1.1B1.8B2.1B1.8B1.8B1.9B
Non Current Liabilities Total447.7M959.5M1.1B831.1M1.1B1.1B
Inventory12.7M22.0M27.2M13.7M(1.0)(0.95)
Other Current Assets20.4M41.6M39.9M42.2M49.9M52.4M
Other Stockholder Equity611.1M862.1M794.8M843.1M981.1M1.0B
Total Liab891.9M1.6B1.9B2.0B1.9B2.0B
Property Plant And Equipment Gross111.0M124.3M151.5M309.3M610.0M640.5M
Total Current Assets765.5M1.1B1.4B1.1B1.1B595.9M
Accumulated Other Comprehensive Income1.4M9.4M(1.1M)(33.5M)4.2M4.4M
Short Term Debt37.9M22.3M58.4M420.2M25.0M23.7M
Common Stock94K107K111K108K110K82.8K
Property Plant Equipment111.0M124.3M151.5M309.3M355.7M373.5M
Net Tangible Assets170.1M258.2M56.2M(346.5M)(311.9M)(296.3M)
Intangible Assets19.8M19.3M40.2M34.0M28.0M22.6M
Short Long Term Debt Total443.1M931.0M1.0B1.1B996.3M786.1M
Long Term Debt359.9M834.4M923.0M566.6M569.7M564.7M
Net Invested Capital567.7M1.1B1.1B664.9M515.2M700.3M

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