Wearable Devices Stock Gross Profit

WLDS Stock

USD 2.76 0.88 46.81%

Wearable Devices fundamentals help investors to digest information that contributes to Wearable Devices' financial success or failures. It also enables traders to predict the movement of Wearable Stock. The fundamental analysis module provides a way to measure Wearable Devices' 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 Wearable Devices stock.

	Last Reported	Projected for Next Year
Gross Profit	20 K	19 K
Gross Profit Margin	0.24	0.23

Gross Profit is likely to drop to about 19 K in 2024. Gross Profit Margin is likely to drop to 0.23 in 2024.

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Wearable Devices Company Gross Profit Analysis

Wearable Devices' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Wearable Devices Gross Profit

35 K

Most of Wearable Devices' fundamental indicators, such as Gross Profit, 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, Wearable Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wearable Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Wearable Devices is extremely important. It helps to project a fair market value of Wearable Stock properly, considering its historical fundamentals such as Gross Profit. Since Wearable Devices' 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 Wearable Devices' 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 Wearable Devices' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.96	0.87	0.72	-0.87	-0.78	0.63	0.62	-0.63	0.99	0.56	1.0	0.85	0.96	-0.76	0.85	0.86
Total Stockholder Equity	0.96		0.95	0.82	-0.85	-0.87	0.73	0.7	-0.78	0.94	0.64	0.96	0.89	1.0	-0.9	0.89	0.93
Net Tangible Assets	0.87	0.95		0.79	-0.63	-0.98	0.91	0.84	-0.72	0.83	0.83	0.85	0.93	0.93	-0.9	0.93	1.0
Current Deferred Revenue	0.72	0.82	0.79		-0.67	-0.8	0.59	0.77	-0.85	0.67	0.65	0.71	0.85	0.81	-0.91	0.85	0.8
Net Debt	-0.87	-0.85	-0.63	-0.67		0.48	-0.26	-0.29	0.71	-0.9	-0.16	-0.89	-0.61	-0.87	0.68	-0.61	-0.61
Retained Earnings	-0.78	-0.87	-0.98	-0.8	0.48		-0.95	-0.91	0.68	-0.71	-0.93	-0.75	-0.93	-0.85	0.88	-0.93	-0.98
Accounts Payable	0.63	0.73	0.91	0.59	-0.26	-0.95		0.87	-0.5	0.56	0.94	0.6	0.82	0.7	-0.74	0.82	0.91
Net Receivables	0.62	0.7	0.84	0.77	-0.29	-0.91	0.87		-0.46	0.55	0.89	0.59	0.78	0.67	-0.7	0.78	0.88
Total Liab	-0.63	-0.78	-0.72	-0.85	0.71	0.68	-0.5	-0.46		-0.6	-0.48	-0.62	-0.76	-0.78	0.94	-0.76	-0.68
Net Invested Capital	0.99	0.94	0.83	0.67	-0.9	-0.71	0.56	0.55	-0.6		0.47	1.0	0.79	0.95	-0.72	0.79	0.82
Short Long Term Debt	0.56	0.64	0.83	0.65	-0.16	-0.93	0.94	0.89	-0.48	0.47		0.52	0.86	0.61	-0.72	0.86	0.85
Total Current Assets	1.0	0.96	0.85	0.71	-0.89	-0.75	0.6	0.59	-0.62	1.0	0.52		0.82	0.96	-0.75	0.82	0.85
Capital Stock	0.85	0.89	0.93	0.85	-0.61	-0.93	0.82	0.78	-0.76	0.79	0.86	0.82		0.88	-0.91	1.0	0.92
Net Working Capital	0.96	1.0	0.93	0.81	-0.87	-0.85	0.7	0.67	-0.78	0.95	0.61	0.96	0.88		-0.89	0.88	0.92
Short Term Debt	-0.76	-0.9	-0.9	-0.91	0.68	0.88	-0.74	-0.7	0.94	-0.72	-0.72	-0.75	-0.91	-0.89		-0.91	-0.87
Common Stock	0.85	0.89	0.93	0.85	-0.61	-0.93	0.82	0.78	-0.76	0.79	0.86	0.82	1.0	0.88	-0.91		0.92
Property Plant Equipment	0.86	0.93	1.0	0.8	-0.61	-0.98	0.91	0.88	-0.68	0.82	0.85	0.85	0.92	0.92	-0.87	0.92

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Wearable Gross Profit Historical Pattern

Today, most investors in Wearable Devices Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wearable Devices' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Wearable Devices gross profit as a starting point in their analysis.

Wearable Devices Gross Profit

Timeline

Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Competition

Predict Wearable Devices

Gross Profit Over Time

According to the company disclosure, Wearable Devices reported 35 K of gross profit. This is 100.0% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% lower than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 100.0% higher than that of the company.

Wearable Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wearable Devices' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics of similar companies.

Wearable Devices is currently under evaluation in gross profit category among its peers.

Wearable Fundamentals

	Return On Equity	-1.74
	Return On Asset	-0.71
	Operating Margin	(10.71) %
	Current Valuation	1.51 M
	Shares Outstanding	1.22 M
	Shares Owned By Insiders	23.69 %
	Shares Owned By Institutions	1.12 %
	Number Of Shares Shorted	21.68 K
	Price To Book	1.36 X
	Price To Sales	4.95 X
	Revenue	82 K
	Gross Profit	35 K
	EBITDA	(8.12 M)
	Net Income	(7.81 M)
	Cash And Equivalents	320 K
	Cash Per Share	0.02 X
	Total Debt	575 K
	Current Ratio	0.32 X
	Book Value Per Share	1.62 X
	Cash Flow From Operations	(8.43 M)
	Short Ratio	0.34 X
	Earnings Per Share	(8.60) X
	Number Of Employees	28
	Beta	2.92
	Market Capitalization	2.3 M
	Total Asset	7.59 M
	Retained Earnings	(21.22 M)
	Working Capital	4.96 M
	Net Asset	7.59 M

About Wearable Devices Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wearable Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wearable Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wearable Devices 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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Additional Tools for Wearable Stock Analysis

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

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