Wixcom Stock Cash And Equivalents
WIX Stock | USD 223.41 6.21 2.86% |
WixCom fundamentals help investors to digest information that contributes to WixCom's financial success or failures. It also enables traders to predict the movement of WixCom Stock. The fundamental analysis module provides a way to measure WixCom's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WixCom stock.
WixCom | Cash And Equivalents |
WixCom Company Cash And Equivalents Analysis
WixCom's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current WixCom Cash And Equivalents | 1.22 B |
Most of WixCom's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WixCom is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WixCom Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for WixCom is extremely important. It helps to project a fair market value of WixCom Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since WixCom's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WixCom's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WixCom's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, WixCom has 1.22 B in Cash And Equivalents. This is 2.32% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The cash and equivalents for all United States stocks is 54.85% higher than that of the company.
WixCom Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WixCom's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WixCom could also be used in its relative valuation, which is a method of valuing WixCom by comparing valuation metrics of similar companies.WixCom is currently under evaluation in cash and equivalents category among its peers.
WixCom Current Valuation Drivers
We derive many important indicators used in calculating different scores of WixCom from analyzing WixCom's financial statements. These drivers represent accounts that assess WixCom's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WixCom's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 6.2B | 13.6B | 9.0B | 4.5B | 7.0B | 3.5B | |
Enterprise Value | 6.4B | 14.4B | 9.6B | 5.3B | 7.4B | 4.0B |
WixCom ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, WixCom's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to WixCom's managers, analysts, and investors.Environmental | Governance | Social |
WixCom Fundamentals
Return On Equity | -7.54 | ||||
Return On Asset | 0.0148 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 11.92 B | ||||
Shares Outstanding | 54.82 M | ||||
Shares Owned By Insiders | 3.53 % | ||||
Shares Owned By Institutions | 91.82 % | ||||
Number Of Shares Shorted | 1.43 M | ||||
Price To Earning | (58.84) X | ||||
Price To Book | 39.13 X | ||||
Price To Sales | 7.20 X | ||||
Revenue | 1.56 B | ||||
Gross Profit | 861.58 M | ||||
EBITDA | 32.48 M | ||||
Net Income | 33.14 M | ||||
Cash And Equivalents | 1.22 B | ||||
Cash Per Share | 20.85 X | ||||
Total Debt | 996.32 M | ||||
Debt To Equity | 7.09 % | ||||
Current Ratio | 1.10 X | ||||
Book Value Per Share | (0.95) X | ||||
Cash Flow From Operations | 248.25 M | ||||
Short Ratio | 4.10 X | ||||
Earnings Per Share | 1.61 X | ||||
Price To Earnings To Growth | 0.37 X | ||||
Target Price | 228.34 | ||||
Number Of Employees | 5.24 K | ||||
Beta | 1.47 | ||||
Market Capitalization | 11.91 B | ||||
Total Asset | 1.8 B | ||||
Retained Earnings | (1.04 B) | ||||
Working Capital | 281.17 M | ||||
Current Asset | 132.3 M | ||||
Current Liabilities | 148.33 M | ||||
Net Asset | 1.8 B |
About WixCom Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WixCom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WixCom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WixCom based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.