Wrap Historical Balance Sheet

WRAP Stock  USD 2.08  0.01  0.48%   
Trend analysis of Wrap Technologies balance sheet accounts such as Total Assets of 26.6 M, Other Current Liab of 22.2 M, Total Current Liabilities of 28.4 M or Total Stockholder Equity of 3.5 M provides information on Wrap Technologies' total assets, liabilities, and equity, which is the actual value of Wrap Technologies to its prevalent stockholders. By breaking down trends over time using Wrap Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Wrap Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Wrap Technologies is a good buy for the upcoming year.

Wrap Technologies Inventory

7 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrap Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.

About Wrap Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Wrap Technologies at a specified time, usually calculated after every quarter, six months, or one year. Wrap Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wrap Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wrap currently owns. An asset can also be divided into two categories, current and non-current.

Wrap Technologies Balance Sheet Chart

At this time, Wrap Technologies' Cash And Short Term Investments are relatively stable compared to the past year. As of 03/26/2025, Non Current Liabilities Total is likely to grow to about 2.2 M, while Net Tangible Assets are likely to drop slightly above 22.5 M.

Total Assets

Total assets refers to the total amount of Wrap Technologies 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 Wrap Technologies 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.

Total Current Liabilities

Total Current Liabilities is an item on Wrap Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wrap Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most accounts from Wrap Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Wrap Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Wrap Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.At this time, Wrap Technologies' Cash And Short Term Investments are relatively stable compared to the past year. As of 03/26/2025, Non Current Liabilities Total is likely to grow to about 2.2 M, while Net Tangible Assets are likely to drop slightly above 22.5 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities1.3M19.7M21.1M22.2M
Total Assets30.6M28.5M32.8M26.6M

Wrap Technologies balance sheet Correlations

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0.60.970.980.040.570.06-0.950.660.120.990.980.750.370.740.750.970.870.670.890.981.00.510.770.83-0.08
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0.770.680.70.410.750.75-0.28-0.790.720.410.790.730.640.770.750.690.830.590.840.70.710.730.790.670.33
0.950.180.240.930.960.37-0.67-0.490.840.720.420.220.640.770.760.210.730.780.710.230.330.980.780.690.88
0.930.590.630.610.910.74-0.4-0.860.940.50.780.650.770.770.980.620.930.890.930.630.70.881.00.90.51
0.90.60.640.580.880.75-0.42-0.870.910.530.780.660.750.760.980.640.930.850.920.640.710.850.980.90.47
0.450.991.0-0.150.420.970.13-0.880.50.050.960.990.690.210.620.640.760.510.781.00.980.350.660.69-0.26
0.880.730.770.490.860.87-0.21-0.950.930.350.910.790.830.730.930.930.760.891.00.770.840.830.950.960.39
0.890.50.540.640.880.67-0.19-0.790.960.270.710.520.590.780.890.850.510.890.870.540.640.860.890.910.57
0.870.760.80.460.840.89-0.2-0.960.920.340.920.810.840.710.930.920.781.00.870.80.860.820.950.960.36
0.471.01.0-0.120.440.980.14-0.880.520.040.960.990.70.230.630.641.00.770.540.80.990.380.660.71-0.24
0.560.980.99-0.020.531.00.11-0.930.620.070.990.980.710.330.70.710.980.840.640.860.990.470.740.8-0.13
0.990.330.380.870.990.51-0.6-0.640.920.670.560.370.730.980.880.850.350.830.860.820.380.470.880.790.81
0.930.620.660.60.910.77-0.39-0.880.940.50.810.680.790.781.00.980.660.950.890.950.660.740.880.910.5
0.840.670.710.490.810.83-0.19-0.910.920.310.850.720.670.690.90.90.690.960.910.960.710.80.790.910.39
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Click cells to compare fundamentals

Wrap Technologies Account Relationship Matchups

Wrap Technologies balance sheet Accounts

202020212022202320242025 (projected)
Total Assets48.8M44.2M30.6M28.5M32.8M26.6M
Other Current Liab970.7K851K1.3M19.7M21.1M22.2M
Total Current Liabilities2.3M2.9M3.2M23.5M27.1M28.4M
Total Stockholder Equity46.4M41.3M27.1M3.2M3.6M3.5M
Net Tangible Assets19.0M45.0M39.3M24.5M28.2M22.5M
Property Plant And Equipment Net496K1.0M1.0M2.8M3.2M3.3M
Net Debt(16.3M)(4.9M)(5.0M)(1.7M)(1.9M)(2.0M)
Retained Earnings(25.3M)(49.8M)(67.4M)(98.0M)(88.2M)(83.8M)
Accounts Payable1.2M1.8M1.4M1.1M1.3M896.9K
Cash16.6M4.9M5.3M4.0M3.6M6.0M
Non Current Assets Total1.9M3.0M3.7M7.3M8.4M8.8M
Non Currrent Assets Other13K9K100K251K288.7K303.1K
Other Assets12.7K151.8K9K100K115K120.8K
Cash And Short Term Investments41.6M34.9M19.3M11.5M13.2M19.2M
Common Stock Total Equity2.7K3.0K3.8K4K4.6K3.2K
Common Stock Shares Outstanding33.8M39.3M41.2M43.9M42.3M34.5M
Liabilities And Stockholders Equity48.8M44.2M30.6M28.5M32.8M26.0M
Non Current Liabilities Total79K110K360K1.8M2.1M2.2M
Capital Surpluse16.8M31.9M71.7M94.3M108.5M113.9M
Inventory2.7M1.6M4.0M5.8M6.7M7.0M
Other Current Assets760K1.7M775K953K1.1M682.3K
Other Stockholder Equity71.7M91.0M94.3M99.1M114.0M119.7M
Total Liab2.4M3.0M3.5M25.3M29.1M30.6M
Property Plant And Equipment Gross496.4K1.5M1.0M4.2M4.8M5.0M
Total Current Assets46.9M41.2M26.9M21.2M24.4M23.6M
Accumulated Other Comprehensive Income(72.7K)14.8K(6K)94K108.1K113.5K
Common Stock2.7K3.0K3.8K4K4.6K3.5K
Property Plant Equipment503.8K357.3K1.0M758K871.7K915.3K
Net Invested Capital46.4M41.3M27.1M1.1M1.3M1.3M
Net Working Capital44.6M38.4M23.7M(2.3M)(2.6M)(2.5M)
Net Receivables1.9M3.9M2.8M3.0M3.5M2.3M
Capital Stock3.0K3.8K4K2.0M2.3M2.4M
Intangible Assets1.4M2.0M2.6M2.6M2.4M2.3M
Short Long Term Debt Total369K56K301K2.3M2.6M2.8M
Current Deferred Revenue18K198K166K407K468.1K249.8K
Short Term Investments25.0M30.0M13.9M7.5M6.8M11.2M
Capital Lease Obligations150.0K56K301K2.3M2.6M2.8M
Short Term Debt94K112K216K616K708.4K743.8K

Pair Trading with Wrap Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wrap Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wrap Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Wrap Stock

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  0.34ELSE Electro SensorsPairCorr
The ability to find closely correlated positions to Wrap Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wrap Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wrap Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wrap Technologies to buy it.
The correlation of Wrap Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wrap Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wrap Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wrap Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Wrap Stock Analysis

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