Widepoint Financials

WYY Stock  USD 4.78  0.05  1.06%   
Based on the key indicators related to Widepoint's liquidity, profitability, solvency, and operating efficiency, Widepoint C is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Widepoint's Other Liabilities is fairly stable compared to the past year. Deferred Long Term Liabilities is likely to rise to about 801.3 K in 2024, whereas Total Assets are likely to drop slightly above 36.7 M in 2024. Key indicators impacting Widepoint's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.04130.0435
Notably Down
Slightly volatile
Current Ratio0.991.0441
Notably Down
Slightly volatile
Investors should never underestimate Widepoint'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 Widepoint's cash flow, debt, and profitability to make informed and accurate decisions about investing in Widepoint C.

Cash And Equivalents

8.44 Million

  
Understanding current and past Widepoint Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Widepoint's financial statements are interrelated, with each one affecting the others. For example, an increase in Widepoint's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Widepoint's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Widepoint C. Check Widepoint's Beneish M Score to see the likelihood of Widepoint's management manipulating its earnings.

Widepoint Stock Summary

Widepoint competes with Data Storage, Usio, ARB IOT, FiscalNote Holdings, and CGI. WidePoint Corporation provides technology management as a service to the government and business enterprises in North America and Europe. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia. Widepoint Corp operates under Information Technology Services classification in the United States and is traded on AMEX Exchange. It employs 253 people.
Specialization
Information Technology, Information Technology Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS9675902095
CUSIP967590100 967590209 98974T201
LocationVirginia; U.S.A
Business AddressSouth Tower, Fairfax,
SectorIT Services
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.widepoint.com
Phone703 349 2577
CurrencyUSD - US Dollar

Widepoint Key Financial Ratios

Widepoint Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets64.3M101.3M75.5M49.0M51.3M36.7M
Other Current Liab15.1M12.3M9.7M9.0M13.9M14.5M
Net Debt(686.4K)(9.5M)339.9K(2.2M)(2.2M)(2.3M)
Retained Earnings(70.2M)(59.9M)(59.5M)(83.1M)(87.1M)(82.8M)
Cash6.9M16.0M6.5M7.5M6.9M5.3M
Net Receivables28.6M49.7M23.5M19.5M24.8M12.8M
Total Liab39.4M60.8M33.8M31.3M36.6M38.5M
Total Current Assets36.5M67.5M33.1M28.0M32.8M18.8M
Short Term Debt599.6K1.2M1.6M1.2M1.3M1.0M
Common Stock83.9K8.9K8.8K8.7K8.9K8.4K
Accounts Payable13.6M36.2M10.3M12.5M12.6M7.4M
Other Current Assets1.1M772.7K2.6M713.7K717.5K681.7K
Intangible Assets2.5M2.2M6.2M7.4M7.3M7.7M
Other Assets140.4K12.5M6.9M2.1M2.4M2.2M
Inventory213.7K991.0K590.1K222.3K366.1K384.4K
Other Liab2.2M398.4K1.7M371.7K427.5K648.2K
Net Tangible Assets24.9M19.8M13.4M4.5M5.2M5.0M
Capital Surpluse95.3M100.5M101.4M101.2M116.4M98.7M

Widepoint Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Total Revenue101.7M180.3M87.3M94.1M106.0M53.8M
Gross Profit17.4M20.5M16.4M14.6M15.6M10.7M
Operating Income885.3K3.2M1.3M(2.0M)(3.7M)(3.5M)
Ebit885.3K3.2M1.3M(18.2M)(3.7M)(3.5M)
Ebitda1.9M4.9M2.9M(15.7M)(302.8K)(287.7K)
Cost Of Revenue84.3M159.9M71.0M79.5M90.4M94.9M
Income Before Tax618.9K2.9M981.5K(18.5M)(3.9M)(4.1M)
Net Income226.3K10.3M341.1K(23.6M)(4.0M)(4.2M)
Income Tax Expense392.7K(7.4M)640.4K5.1M133.2K126.6K
Interest Expense310.6K302.9K273.2K259.6K239.5K147.8K
Tax Provision392.7K(7.4M)640.4K5.1M8.6M9.0M
Interest Income5.4K3.9K4.2K41.8K63.8K67.0K
Net Interest Income(305.2K)(299.0K)(269.1K)(217.8K)(191.4K)(201.0K)

Widepoint Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Widepoint C. It measures of how well Widepoint is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Widepoint brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Widepoint had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Widepoint has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash4.4M9.1M(9.5M)1.1M(609.7K)(579.2K)
Free Cash Flow5.3M5.2M(4.0M)2.7M(464.8K)(441.6K)
Depreciation1.9M1.6M1.7M2.5M3.4M3.5M
Other Non Cash Items27.0K2.2K(614.4K)14.9M242.3K254.4K
Capital Expenditures516.5K1.2M2.8M3.4M1.1M819.9K
Net Income226.3K10.3M341.1K(23.6M)(4.0M)(4.2M)
End Period Cash Flow6.9M16.0M6.5M7.5M6.9M5.4M
Change To Netincome1.8M1.1M(6.7M)739.7K665.7K699.0K
Change To Inventory(29.9K)(776.9K)400.6K367.6K(143.7K)(136.5K)
Net Borrowings13.9M6.8M(608.0K)(572.1K)(657.9K)(625.0K)
Investments(516.5K)(1.2M)(7.4M)(3.4M)(852.9K)(895.5K)

Widepoint Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Widepoint's current stock value. Our valuation model uses many indicators to compare Widepoint value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Widepoint competition to find correlations between indicators driving Widepoint's intrinsic value. More Info.
Widepoint C is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Widepoint's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Widepoint's earnings, one of the primary drivers of an investment's value.

Widepoint C Systematic Risk

Widepoint's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Widepoint 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Widepoint C correlated with the market. If Beta is less than 0 Widepoint generally moves in the opposite direction as compared to the market. If Widepoint Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Widepoint C is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Widepoint is generally in the same direction as the market. If Beta > 1 Widepoint moves generally in the same direction as, but more than the movement of the benchmark.

Widepoint Thematic Clasifications

Widepoint C is part of Computers 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 Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ComputersView
This theme covers USA Equities from Computers 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 Widepoint Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Widepoint'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 Widepoint growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0641

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

Widepoint November 21, 2024 Opportunity Range

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

Additional Tools for Widepoint Stock Analysis

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