Wells Gross Profit vs Depreciation And Amortization Analysis
WFC Stock | USD 76.17 1.04 1.35% |
Wells Fargo financial indicator trend analysis is more than just analyzing Wells Fargo current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wells Fargo is a good investment. Please check the relationship between Wells Fargo Gross Profit and its Depreciation And Amortization accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wells Fargo Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wells Fargo's Gross Profit and Depreciation And Amortization is 0.57. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Wells Fargo, assuming nothing else is changed. The correlation between historical values of Wells Fargo's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Wells Fargo are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Wells Fargo's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Wells Fargo minus its cost of goods sold. It is profit before Wells Fargo operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Wells Fargo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wells Fargo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.At present, Wells Fargo's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.2 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.34.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 28.9B | 15.0B | 28.7B | 17.3B | Other Operating Expenses | 53.8B | 57.3B | 48.5B | 26.1B |
Wells Fargo fundamental ratios Correlations
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Wells Fargo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wells Fargo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 4.4B | 4.1B | 4.1B | 3.8B | 3.7B | 3.5B | |
Total Assets | 1.9T | 2.0T | 1.9T | 1.9T | 1.9T | 979.5B | |
Short Long Term Debt Total | 341.8B | 271.9B | 204.5B | 246.1B | 219.5B | 161.2B | |
Other Current Liab | (104.5B) | (12.6B) | (34.4B) | (51.1B) | 960.4B | 1.0T | |
Total Current Liabilities | 104.5B | 59.0B | 34.4B | 51.1B | 972.3B | 1.0T | |
Total Stockholder Equity | 187.1B | 184.9B | 187.6B | 179.9B | 185.7B | 96.8B | |
Property Plant And Equipment Net | 9.3B | 8.9B | 8.6B | 8.4B | 18.2B | 19.1B | |
Net Debt | 191.5B | 7.3B | (39.1B) | 66.9B | (17.7B) | (16.9B) | |
Retained Earnings | 166.7B | 162.9B | 180.3B | 187.6B | 201.1B | 211.2B | |
Cash | 141.3B | 264.6B | 234.2B | 159.2B | 237.2B | 249.1B | |
Non Current Assets Total | 614.0B | 606.2B | 652.4B | 605.2B | 1.6T | 1.7T | |
Non Currrent Assets Other | (8.5B) | (12.5B) | (10.7B) | (19.9B) | 1.1T | 1.1T | |
Other Assets | 889.0B | 847.9B | 869.4B | 988.1B | (53.7B) | (51.0B) | |
Cash And Short Term Investments | 404.7B | 485.0B | 411.5B | 272.8B | 316.5B | 332.3B | |
Net Receivables | 19.8B | 16.1B | 14.9B | 14.9B | 53.7B | 56.4B | |
Liabilities And Stockholders Equity | 1.9T | 2.0T | 1.9T | 1.9T | 1.9T | 979.5B | |
Non Current Liabilities Total | 228.2B | 213.0B | 163.5B | 51.1B | 690.4B | 724.9B | |
Other Stockholder Equity | (8.9B) | (8.5B) | (20.2B) | (23.0B) | (32.4B) | (30.8B) | |
Total Liab | 1.7T | 1.8T | 1.8T | 1.7T | 1.7T | 882.1B | |
Total Current Assets | 424.5B | 501.1B | 426.3B | 287.7B | 370.2B | 388.7B | |
Short Term Debt | 104.5B | 12.6B | 34.4B | 51.1B | 11.9B | 11.3B | |
Accumulated Other Comprehensive Income | (1.3B) | 194M | (1.7B) | (13.4B) | (11.6B) | (11.0B) | |
Property Plant And Equipment Gross | 22.3B | 20.6B | 31.2B | 18.0B | 18.2B | 11.0B | |
Other Current Assets | 385.8B | 471.6B | 440.9B | 370.0B | 470.9B | 524.6B | |
Other Liab | 7.3B | 4.8B | 2.8B | 130M | 117M | 111.2M | |
Accounts Payable | 75.2B | 1.4T | 71.0B | 69.1B | 62.2B | 59.0B | |
Long Term Debt | 237.3B | 213.0B | 170.1B | 195.0B | 207.6B | 159.4B | |
Good Will | 26.4B | 26.4B | 25.2B | 25.2B | 25.2B | 22.6B | |
Short Term Investments | 263.5B | 220.4B | 177.2B | 113.6B | 125.5B | 167.7B | |
Inventory | (385.8B) | (471.6B) | (440.9B) | (370.0B) | (524.6B) | (498.4B) | |
Preferred Stock Total Equity | 23.2B | 21.5B | 20.1B | 19.4B | 22.4B | 17.0B | |
Treasury Stock | (68.8B) | (67.8B) | (79.8B) | (82.9B) | (74.6B) | (70.8B) | |
Intangible Assets | 12.9B | 7.4B | 8.2B | 10.5B | 8.5B | 11.6B | |
Property Plant Equipment | 9.3B | 20.6B | 8.6B | 8.4B | 9.6B | 9.3B | |
Noncontrolling Interest In Consolidated Entity | 900M | 838M | 2.5B | 2.0B | 2.3B | 1.2B | |
Retained Earnings Total Equity | 158.2B | 166.7B | 180.3B | 187.6B | 215.8B | 120.2B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 1.45 | Earnings Share 4.81 | Revenue Per Share 22.23 | Quarterly Revenue Growth (0.02) |
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.