WisdomTree Financials

WT Stock   12.00  0.27  2.30%   
Based on the measurements of operating efficiency obtained from WisdomTree's historical financial statements, WisdomTree is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, WisdomTree's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Short Term Investments is likely to gain to about 61.6 M in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (44.8 M). Key indicators impacting WisdomTree's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.580.5085
Fairly Up
Slightly volatile
Current Ratio2.12.2263
Notably Down
Slightly volatile
Investors should never underestimate WisdomTree's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor WisdomTree's cash flow, debt, and profitability to make informed and accurate decisions about investing in WisdomTree.

Cash And Equivalents

101.5 Million

  
Understanding current and past WisdomTree Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of WisdomTree's financial statements are interrelated, with each one affecting the others. For example, an increase in WisdomTree's assets may result in an increase in income on the income statement.

WisdomTree Earnings Geography

Please note, the imprecision that can be found in WisdomTree's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of WisdomTree. Check WisdomTree's Beneish M Score to see the likelihood of WisdomTree's management manipulating its earnings.

WisdomTree Stock Summary

WisdomTree competes with Invesco Advantage, Invesco Municipal, Invesco California, Victory Capital, and Invesco Trust. WisdomTree is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS97717P1049
CUSIP97717P104
LocationNew York; U.S.A
Business Address250 West 34th
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.wisdomtree.com
Phone212 801 2080

WisdomTree Key Financial Ratios

WisdomTree Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets933.2M869.7M1.0B1.0B944.1M991.3M
Other Current Liab582K40.2M70.2M54.9M85.5M89.7M
Net Debt123.7M113.8M178.5M190.6M146.2M153.5M
Retained Earnings(8.0M)(53.4M)(22.4M)13.7M95.7M100.5M
Accounts Payable31.0M29.8M9.3M33.2M12.7M14.9M
Cash75.0M73.4M140.7M132.1M129.3M73.9M
Net Receivables26.8M29.5M31.9M30.5M35.5M18.5M
Total Liab565.7M603.4M746.5M728.2M402.4M214.4M
Total Current Assets123.1M141.9M304.0M294.0M229.8M122.1M
Common Stock1.6M1.5M1.5M1.5M1.5M1.0M
Inventory3.7M3.8M4.0M4.7M(5.3M)(5.0M)
Other Current Assets207K4.1M4.2M390K70.3M73.8M
Other Assets68.7M35.3M31.2M11.1M578K549.1K
Long Term Debt Total176.0M166.6M318.6M262.0M301.3M175.7M
Capital Surpluse352.7M317.1M289.7M291.8M335.6M323.0M
Cash And Equivalents75.0M73.4M140.7M132.1M151.9M101.5M
Short Term Debt3.7M3.1M209K175.3M1.2M1.1M
Intangible Assets603.2M603.3M601.2M603.6M605.1M500.5M
Other Liab191.2M239.8M233.2M184.8M212.6M228.4M
Net Tangible Assets(351.7M)(420.8M)(417.7M)(383.8M)(345.4M)(362.7M)
Long Term Debt176.0M166.6M318.6M147.0M274.9M234.2M
Net Invested Capital513.4M432.9M588.0M626.8M684.0M623.0M
Capital Stock1.6M1.5M1.5M1.5M1.5M1.2M

WisdomTree Key Income Statement Accounts

The reason investors look at the income statement is to determine what WisdomTree's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue268.4M253.7M304.3M301.3M349.0M366.5M
Gross Profit187.6M179.0M216.2M203.4M266.2M279.5M
Operating Income53.5M73.6M89.1M44.2M87.5M91.9M
Ebit53.5M(173.4M)(119.5M)(124.4M)85.6M89.9M
Ebitda71.7M77.8M93.8M89.1M87.7M46.3M
Income Before Tax30.3M(35.2M)56.7M40.0M119.0M125.0M
Net Income19.7M(35.7M)49.8M50.7M102.5M107.7M
Income Tax Expense10.5M433K6.9M(10.7M)16.5M9.8M
Cost Of Revenue80.8M74.7M88.2M97.9M82.9M70.8M
Interest Expense11.2M9.7M12.3M14.9M15.2M11.4M
Tax Provision10.5M433K6.9M(10.7M)10.8M9.2M
Interest Income3.3M744K2.0M3.3M3.8M2.8M
Net Interest Income(7.9M)(8.9M)(10.3M)(11.6M)(11.4M)(12.0M)

WisdomTree Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(2.8M)(1.5M)67.3M(8.6M)(2.8M)(2.7M)
Free Cash Flow46.8M28.9M75.0M54.9M83.3M87.5M
Depreciation4.2M4.2M2.7M1.2M2.2M1.3M
Capital Expenditures47K472K293K220K2.3M1.3M
Net Income19.7M(35.7M)49.8M50.7M102.5M107.7M
End Period Cash Flow75.0M73.4M140.7M132.1M129.3M71.2M
Other Non Cash Items(24.6M)35.3M(38.8M)(48.5M)(84.7M)(80.5M)
Dividends Paid20.4M20.1M19.5M19.4M20.1M25.0M
Change To Inventory4.0M32.2M15.4M(1.5M)(1.7M)(1.6M)
Investments(15.5M)8.3M(101.7M)(37.7M)23.8M25.0M
Change To Netincome13.8M42.0M(30.7M)(58.5M)(52.6M)(50.0M)

WisdomTree Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining WisdomTree's current stock value. Our valuation model uses many indicators to compare WisdomTree value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WisdomTree competition to find correlations between indicators driving WisdomTree's intrinsic value. More Info.
WisdomTree is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.68  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for WisdomTree is roughly  1.47 . At this time, WisdomTree's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value WisdomTree by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

WisdomTree Systematic Risk

WisdomTree's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WisdomTree volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on WisdomTree correlated with the market. If Beta is less than 0 WisdomTree generally moves in the opposite direction as compared to the market. If WisdomTree Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WisdomTree is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WisdomTree is generally in the same direction as the market. If Beta > 1 WisdomTree moves generally in the same direction as, but more than the movement of the benchmark.

WisdomTree Thematic Clasifications

WisdomTree is part of Trading investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in WisdomTree Stock are looking for potential investment opportunities by analyzing not only static indicators but also various WisdomTree's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of WisdomTree growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0741

At this time, WisdomTree's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

WisdomTree November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of WisdomTree help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WisdomTree. We use our internally-developed statistical techniques to arrive at the intrinsic value of WisdomTree based on widely used predictive technical indicators. In general, we focus on analyzing WisdomTree Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WisdomTree's daily price indicators and compare them against related drivers.

Additional Tools for WisdomTree Stock Analysis

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