WiseTech Net Income From Continuing Ops vs Selling General Administrative Analysis
WTC Stock | 125.60 5.72 4.36% |
WiseTech Global financial indicator trend analysis is more than just analyzing WiseTech Global current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WiseTech Global is a good investment. Please check the relationship between WiseTech Global Net Income From Continuing Ops and its Selling General Administrative accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiseTech Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Income From Continuing Ops vs Selling General Administrative
Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiseTech Global Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WiseTech Global's Net Income From Continuing Ops and Selling General Administrative is 0.96. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of WiseTech Global Limited, assuming nothing else is changed. The correlation between historical values of WiseTech Global's Net Income From Continuing Ops and Selling General Administrative 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 From Continuing Ops of WiseTech Global Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., WiseTech Global's Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Selling General Administrative
Most indicators from WiseTech Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WiseTech Global 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 WiseTech Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, WiseTech Global's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 107.2 M in 2024, whereas Discontinued Operations is likely to drop slightly above 1.2 M in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 37.2M | 35.6M | Discontinued Operations | 2.1M | 1.2M |
WiseTech Global fundamental ratios Correlations
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WiseTech Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WiseTech Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.4B | 1.7B | 2.7B | 2.8B | 3.0B | |
Short Long Term Debt Total | 45.8M | 35M | 33.5M | 256.4M | 104.4M | 109.6M | |
Other Current Liab | 104.2M | 110.9M | 128.5M | 265.5M | 206.2M | 216.5M | |
Total Current Liabilities | 157.2M | 188M | 207.4M | 580.6M | 324.7M | 169.2M | |
Total Stockholder Equity | 1.0B | 1.1B | 1.3B | 1.9B | 2.2B | 2.3B | |
Other Liab | 80.9M | 80.6M | 117M | 162.9M | 187.3M | 196.7M | |
Property Plant And Equipment Net | 70M | 64.1M | 75.8M | 88.9M | 84.6M | 88.8M | |
Net Debt | (177.9M) | (280M) | (449.9M) | 113.4M | (17.3M) | (18.2M) | |
Retained Earnings | 261.2M | 345.8M | 509.9M | 673.4M | 878.7M | 922.6M | |
Accounts Payable | 19.9M | 34M | 44.8M | 48.3M | 51.6M | 54.2M | |
Cash | 223.7M | 315M | 483.4M | 143M | 121.7M | 176.7M | |
Non Current Assets Total | 967.6M | 985.2M | 1.1B | 2.3B | 2.5B | 2.6B | |
Non Currrent Assets Other | (651.6M) | (628.4M) | (639.7M) | (1.5B) | 10.9M | 11.4M | |
Other Assets | 7.2M | 12.6M | 1.0 | 11.1M | 12.8M | 13.4M | |
Cash And Short Term Investments | 223.7M | 315M | 483.4M | 143M | 121.7M | 177.0M | |
Net Receivables | 66.6M | 78.4M | 92.7M | 139.2M | 156.8M | 164.6M | |
Good Will | 652.9M | 632M | 646.1M | 1.6B | 1.7B | 1.7B | |
Common Stock Shares Outstanding | 319.8M | 325M | 326.1M | 328.5M | 333.1M | 331.2M | |
Short Term Investments | 1.2M | 1.6M | 1.5M | 900K | 1.8M | 1.0M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 1.7B | 2.7B | 2.8B | 3.0B | |
Non Current Liabilities Total | 116.3M | 105.9M | 141.0M | 183.5M | 289M | 303.5M | |
Other Current Assets | 19M | 21.1M | 32.2M | 82.3M | 52.4M | 55.0M | |
Other Stockholder Equity | (32.2M) | (55M) | (109.2M) | (118.8M) | (148.9M) | (141.5M) | |
Total Liab | 273.5M | 293.9M | 348.4M | 764.1M | 613.7M | 644.4M | |
Total Current Assets | 309.3M | 414.6M | 609.2M | 364.5M | 330.9M | 259.9M | |
Accumulated Other Comprehensive Income | (5.4M) | (12.7M) | 8.2M | 85.2M | 121.2M | 127.3M | |
Short Term Debt | 10.4M | 9.8M | 9.5M | 235.9M | 10.7M | 10.2M | |
Intangible Assets | 885M | 904.5M | 961.2M | 2.2B | 725M | 569.6M | |
Common Stock | 779.8M | 827.8M | 906.3M | 1.3B | 1.4B | 1.4B | |
Property Plant Equipment | 70M | 64.1M | 75.8M | 88.9M | 102.2M | 107.3M | |
Net Tangible Assets | 118.4M | 201.5M | 354M | (297.5M) | (342.1M) | (325.0M) | |
Current Deferred Revenue | 22.7M | 25.8M | 12.5M | 30.9M | 32.2M | 21.8M | |
Long Term Debt Total | 35.4M | 25.2M | 24M | 20.5M | 23.6M | 16.9M | |
Property Plant And Equipment Gross | 70M | 131.3M | 158.2M | 197.5M | 227.1M | 238.5M | |
Capital Lease Obligations | 45.8M | 35M | 33.5M | 31.4M | 36.1M | 21.4M |
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