Weis Intangible Assets vs Total Assets Analysis
WMK Stock | USD 72.79 0.22 0.30% |
Weis Markets financial indicator trend analysis is more than just analyzing Weis Markets current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weis Markets is a good investment. Please check the relationship between Weis Markets Intangible Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
Intangible Assets vs Total Assets
Intangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weis Markets Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Weis Markets' Intangible Assets and Total Assets is 0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Weis Markets, assuming nothing else is changed. The correlation between historical values of Weis Markets' Intangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Weis Markets are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Weis Markets' Intangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Assets
Total assets refers to the total amount of Weis Markets 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 Weis Markets 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.Most indicators from Weis Markets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weis Markets 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 Weis Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.At this time, Weis Markets' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 2.1 B this year, although the value of Selling General Administrative will most likely fall to about 670.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.2B | 692.2M | Total Revenue | 4.2B | 4.7B | 4.7B | 2.6B |
Weis Markets fundamental ratios Correlations
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Weis Markets Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Weis Markets fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 1.9B | 2.0B | 2.0B | 1.1B | |
Other Current Liab | 63.4M | 69.9M | 67.2M | 76.8M | 61.0M | 55.2M | |
Total Current Liabilities | 291.9M | 346.3M | 345.2M | 345.4M | 340.8M | 185.1M | |
Total Stockholder Equity | 1.1B | 1.1B | 1.2B | 1.3B | 1.4B | 854.4M | |
Property Plant And Equipment Net | 1.1B | 1.1B | 1.2B | 1.1B | 1.1B | 578.6M | |
Net Debt | 151.9M | 71.6M | 115.6M | 28.0M | (1.2M) | (1.3M) | |
Retained Earnings | 1.2B | 1.3B | 1.4B | 1.4B | 1.5B | 967.8M | |
Cash | 66.9M | 136.6M | 86.0M | 158.0M | 184.2M | 193.4M | |
Non Current Assets Total | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 613.9M | |
Cash And Short Term Investments | 149.3M | 271.2M | 318.9M | 367.1M | 436.9M | 458.7M | |
Net Receivables | 55.8M | 56.8M | 52.1M | 50.9M | 65.1M | 45.3M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 1.9B | 2.0B | 2.0B | 1.1B | |
Non Current Liabilities Total | 324.9M | 328.0M | 345.5M | 312.0M | 324.5M | 340.7M | |
Inventory | 279.8M | 269.0M | 269.6M | 293.3M | 296.2M | 202.1M | |
Other Current Assets | 23.4M | 29.2M | 31.1M | 29.9M | 34.1M | 32.4M | |
Total Liab | 616.8M | 674.3M | 690.7M | 657.3M | 665.3M | 698.6M | |
Property Plant And Equipment Gross | 1.1B | 924.4M | 2.6B | 2.7B | 2.8B | 2.9B | |
Total Current Assets | 508.3M | 626.2M | 671.7M | 741.2M | 832.2M | 519.1M | |
Accumulated Other Comprehensive Income | 1.5M | 3.3M | 1.7M | (6.4M) | (1.2M) | (1.3M) | |
Intangible Assets | 17.8M | 17.6M | 17.5M | 18.8M | 17.9M | 15.1M | |
Non Currrent Assets Other | (97.0M) | (103.4M) | 990K | (88.5M) | 1.7M | 1.8M | |
Accounts Payable | 180.7M | 221.6M | 218.8M | 206.8M | 226.2M | 133.3M | |
Short Term Investments | 82.5M | 134.6M | 232.8M | 209.1M | 252.6M | 265.3M | |
Other Assets | 716K | 199.9M | 990K | 1.8M | 2.0M | 1.9M | |
Property Plant Equipment | 886.9M | 924.4M | 977.8M | 970.9M | 1.1B | 714.4M | |
Current Deferred Revenue | 8.7M | 10.6M | 11.9M | 11.8M | 12.4M | 7.6M | |
Other Liab | 145.2M | 159.0M | 183.9M | 169.5M | 195.0M | 204.7M | |
Short Term Debt | 39.1M | 39.2M | 39.9M | 43.5M | 40.7M | 28.7M | |
Net Tangible Assets | 1.0B | 1.1B | 1.2B | 1.2B | 1.4B | 1.0B | |
Retained Earnings Total Equity | 1.2B | 1.3B | 1.4B | 1.4B | 1.7B | 1.2B | |
Deferred Long Term Liab | 97.0M | 103.4M | 115.1M | 111.2M | 127.9M | 108.4M | |
Non Current Liabilities Other | 227.8M | 224.6M | 230.4M | 200.7M | 9.9M | 9.4M |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weis Markets. If investors know Weis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weis Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.116 | Dividend Share 1.36 | Earnings Share 3.55 | Revenue Per Share 176.946 | Quarterly Revenue Growth 0.022 |
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.