Wisekey Total Assets vs Tax Provision Analysis

WKEY Stock  USD 7.36  0.11  1.47%   
Wisekey International financial indicator trend analysis is more than just analyzing Wisekey International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wisekey International is a good investment. Please check the relationship between Wisekey International Total Assets and its Tax Provision accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wisekey International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Assets vs Tax Provision

Total Assets vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wisekey International Total Assets account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Wisekey International's Total Assets and Tax Provision is 0.04. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Wisekey International Holding, assuming nothing else is changed. The correlation between historical values of Wisekey International's Total Assets and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Wisekey International Holding are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Assets i.e., Wisekey International's Total Assets and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Wisekey International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Wisekey International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Wisekey International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wisekey International 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 Wisekey International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Wisekey International's Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 36.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 11.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit9.8M14.7M17.0M11.1M
Total Revenue23.2M30.9M35.6M25.0M

Wisekey International fundamental ratios Correlations

0.660.90.840.860.480.82-0.10.06-0.720.730.870.960.130.540.830.760.71-0.010.810.850.620.520.740.890.65
0.660.860.180.770.330.290.050.65-0.150.240.340.710.00.710.350.730.27-0.570.850.450.350.110.210.9-0.06
0.90.860.610.860.470.7-0.140.3-0.590.580.660.870.180.610.660.890.54-0.230.810.730.530.340.550.940.39
0.840.180.610.580.480.92-0.13-0.4-0.840.810.90.710.130.10.860.510.790.40.390.850.610.50.870.510.92
0.860.770.860.580.330.640.10.49-0.50.70.540.86-0.060.730.50.820.610.020.880.780.730.450.650.910.47
0.480.330.470.480.330.56-0.01-0.04-0.320.240.460.390.010.210.530.380.45-0.240.270.590.280.260.380.380.16
0.820.290.70.920.640.56-0.04-0.21-0.750.90.80.680.050.20.760.70.830.280.380.920.750.550.90.550.81
-0.10.05-0.14-0.130.1-0.01-0.040.320.570.2-0.13-0.15-1.0-0.07-0.14-0.080.32-0.140.010.230.550.110.23-0.07-0.09
0.060.650.3-0.40.49-0.04-0.210.320.39-0.05-0.40.19-0.270.72-0.390.43-0.17-0.450.540.00.210.03-0.190.45-0.47
-0.72-0.15-0.59-0.84-0.5-0.32-0.750.570.39-0.6-0.74-0.62-0.58-0.15-0.73-0.49-0.52-0.49-0.34-0.59-0.3-0.35-0.63-0.48-0.8
0.730.240.580.810.70.240.90.2-0.05-0.60.670.62-0.190.240.60.640.860.410.410.890.90.610.950.510.82
0.870.340.660.90.540.460.8-0.13-0.4-0.740.670.750.140.130.980.420.790.110.490.780.480.460.770.60.75
0.960.710.870.710.860.390.68-0.150.19-0.620.620.750.180.680.680.780.52-0.120.880.70.50.480.570.920.52
0.130.00.180.13-0.060.010.05-1.0-0.27-0.58-0.190.140.180.120.140.12-0.310.120.04-0.22-0.53-0.1-0.220.110.08
0.540.710.610.10.730.210.2-0.070.72-0.150.240.130.680.120.10.690.07-0.340.870.290.250.50.090.79-0.08
0.830.350.660.860.50.530.76-0.14-0.39-0.730.60.980.680.140.10.390.790.080.460.760.430.440.740.580.68
0.760.730.890.510.820.380.7-0.080.43-0.490.640.420.780.120.690.390.41-0.140.70.660.60.490.490.830.35
0.710.270.540.790.610.450.830.32-0.17-0.520.860.790.52-0.310.070.790.410.260.370.930.840.490.960.470.73
-0.01-0.57-0.230.40.02-0.240.28-0.14-0.45-0.490.410.11-0.120.12-0.340.08-0.140.26-0.310.180.260.130.42-0.280.69
0.810.850.810.390.880.270.380.010.54-0.340.410.490.880.040.870.460.70.37-0.310.530.420.450.350.960.19
0.850.450.730.850.780.590.920.230.0-0.590.890.780.7-0.220.290.760.660.930.180.530.880.520.950.650.72
0.620.350.530.610.730.280.750.550.21-0.30.90.480.5-0.530.250.430.60.840.260.420.880.50.870.50.62
0.520.110.340.50.450.260.550.110.03-0.350.610.460.48-0.10.50.440.490.490.130.450.520.50.50.420.42
0.740.210.550.870.650.380.90.23-0.19-0.630.950.770.57-0.220.090.740.490.960.420.350.950.870.50.470.85
0.890.90.940.510.910.380.55-0.070.45-0.480.510.60.920.110.790.580.830.47-0.280.960.650.50.420.470.3
0.65-0.060.390.920.470.160.81-0.09-0.47-0.80.820.750.520.08-0.080.680.350.730.690.190.720.620.420.850.3
Click cells to compare fundamentals

Wisekey International Account Relationship Matchups

Wisekey International fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets52.9M88.8M21.7M47.8M55.0M53.9M
Other Current Liab8.6M7.7M4.9M479K431.1K409.5K
Total Current Liabilities25.0M24.8M10.6M18.9M17.0M16.9M
Total Stockholder Equity16.3M35.9M212K26.7M30.7M32.2M
Other Liab15.7M6.9M7.2M7.9M9.1M9.0M
Net Tangible Assets(4.6M)13.1M7.9M(4.1M)(4.8M)(4.5M)
Property Plant And Equipment Net3.7M4.5M2.2M5.4M6.3M3.7M
Current Deferred Revenue669K615K174M570K655.5K622.7K
Net Debt(2.7M)(12.2M)10.1M(5.5M)(5.0M)(4.7M)
Retained Earnings(217.8M)(238.2M)(17.4M)(281.0M)(252.9M)(265.5M)
Accounts Payable4.6M8.9M9.1M12.9M14.8M7.8M
Cash19.7M34.2M4.1M15.3M17.6M13.7M
Non Current Assets Total14.2M46.3M6.2M17.7M20.4M26.2M
Non Currrent Assets Other528K448K(471.9M)275K247.5K259.9K
Other Assets26.7M4.8M1.8M1.3M1.2M1.1M
Cash And Short Term Investments28.8M34.2M4.1M15.3M17.6M14.8M
Net Receivables3.7M3.0M2.4M5.3M4.7M4.0M
Common Stock Shares Outstanding1.7M1.8M2.3M9.0M10.3M10.8M
Liabilities And Stockholders Equity52.9M88.8M21.7M47.8M55.0M53.9M
Non Current Liabilities Total13.5M22.7M10.8M7.8M7.0M12.7M
Inventory2.5M2.7M7.5M5.2M6.0M3.8M
Other Current Assets3.7M2.8M3.2M4.3M4.9M3.2M
Other Stockholder Equity224.3M267.6M254.2M295.0M339.3M233.6M
Total Liab38.5M47.4M21.4M26.7M24.0M29.5M
Property Plant And Equipment Gross3.7M13.3M3.1M14.1M16.2M17.0M
Total Current Assets38.7M42.5M15.4M30.1M34.6M27.7M
Accumulated Other Comprehensive Income6.9M1.4M775K4.0M4.6M4.9M
Short Term Debt10.6M7.9M4.8M5.0M5.7M7.3M
Intangible Assets9K9.2M98M96K110.4K104.9K
Common Stock2.9M5.1M2.0M8.6M9.9M10.3M
Property Plant Equipment2.4M4.9M3.7M4.5M5.1M3.4M
Short Long Term Debt Total17.0M22.1M14.1M9.8M8.8M13.6M
Short Long Term Debt9.7M6.2M3.4M4.4M3.9M4.7M
Non Current Liabilities Other329K57K8K2K1.8K1.7K
Short Term Investments9.2M0.03K5K4.5K4.3K

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