Where Net Tangible Assets vs Property Plant Equipment Analysis
WFCF Stock | USD 11.51 0.17 1.50% |
Where Food financial indicator trend analysis is more than just analyzing Where Food Comes current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Where Food Comes is a good investment. Please check the relationship between Where Food Net Tangible Assets and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Where Food Comes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Tangible Assets vs Property Plant Equipment
Net Tangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Where Food Comes Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Where Food's Net Tangible Assets and Property Plant Equipment is 0.62. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Where Food Comes, assuming nothing else is changed. The correlation between historical values of Where Food's Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Where Food Comes are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Where Food's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Property Plant Equipment
Most indicators from Where Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Where Food Comes 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 Where Food Comes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The current Selling General Administrative is estimated to decrease to about 6.3 M. The current Tax Provision is estimated to decrease to about 567.4 K
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.7M | 10.5M | 10.5M | 5.8M | Total Revenue | 21.9M | 24.8M | 25.1M | 15.8M |
Where Food fundamental ratios Correlations
Click cells to compare fundamentals
Where Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Where Food fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.2M | 19.4M | 19.8M | 18.3M | 16.3M | 11.6M | |
Short Long Term Debt Total | 3.8M | 4.6M | 3.4M | 3.1M | 2.8M | 1.7M | |
Other Current Liab | 673.8K | 197K | 295K | 484K | 203K | 192.9K | |
Total Current Liabilities | 2.7M | 3.1M | 3.0M | 3.0M | 3.0M | 2.1M | |
Total Stockholder Equity | 11.9M | 12.5M | 13.7M | 12.5M | 10.8M | 8.1M | |
Property Plant And Equipment Net | 4.8M | 4.6M | 4.1M | 3.6M | 3.1M | 1.8M | |
Net Debt | 1.2M | 230K | (2.0M) | (1.2M) | 159K | 167.0K | |
Retained Earnings | 2.2M | 3.5M | 5.6M | 7.6M | 9.7M | 10.2M | |
Accounts Payable | 1.0M | 649K | 447K | 640K | 567K | 425.9K | |
Cash | 2.6M | 4.4M | 5.4M | 4.4M | 2.6M | 2.7M | |
Non Current Assets Total | 12.4M | 12.0M | 11.1M | 10.4M | 10.1M | 6.2M | |
Cash And Short Term Investments | 2.9M | 4.4M | 5.4M | 4.4M | 2.6M | 2.7M | |
Net Receivables | 2.5M | 2.5M | 2.2M | 2.2M | 2.1M | 2.2M | |
Common Stock Shares Outstanding | 6.3M | 6.2M | 6.2M | 6.0M | 5.5M | 6.0M | |
Liabilities And Stockholders Equity | 18.2M | 19.4M | 19.8M | 18.3M | 16.3M | 11.6M | |
Non Current Liabilities Total | 3.5M | 3.9M | 3.0M | 2.8M | 2.5M | 2.1M | |
Other Current Assets | 450.3K | 1.2M | 650K | 463K | 335K | 446.2K | |
Other Stockholder Equity | 9.8M | 8.9M | 8.1M | 4.9M | 1.1M | 1.0M | |
Total Liab | 6.3M | 7.0M | 6.0M | 5.8M | 5.5M | 3.5M | |
Property Plant And Equipment Gross | 4.8M | 4.6M | 4.1M | 3.6M | 5.3M | 5.6M | |
Total Current Assets | 5.9M | 7.5M | 8.7M | 7.9M | 6.2M | 5.4M | |
Short Term Debt | 247.8K | 1.0M | 652K | 700K | 624K | 624.9K | |
Intangible Assets | 3.2M | 2.9M | 2.6M | 2.3M | 2.3M | 2.7M | |
Common Stock Total Equity | 25.0K | 25.5K | 25.8K | 6K | 5.4K | 5.1K | |
Common Stock | 25.0K | 25.5K | 25.8K | 6K | 7K | 6.7K | |
Current Deferred Revenue | 797.0K | 1.1M | 1.5M | 1.3M | 1.5M | 1.6M | |
Short Term Investments | 743.2K | 245.6K | 258.1K | 991K | 1.1M | 1.2M | |
Other Assets | 399K | 464K | 487K | 546K | 627.9K | 361.3K | |
Property Plant Equipment | 4.8M | 4.6M | 4.1M | 998K | 1.1M | 1.9M | |
Net Tangible Assets | 5.8M | 6.6M | 8.2M | 7.2M | 8.3M | 5.4M | |
Capital Lease Obligations | 3.8M | 3.6M | 3.4M | 3.1M | 2.8M | 2.4M | |
Non Current Liabilities Other | 147.2K | 362.1K | 3.0M | 2.8M | 3.2M | 3.4M |
Currently Active Assets on Macroaxis
When determining whether Where Food Comes is a strong investment it is important to analyze Where Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Where Food's future performance. For an informed investment choice regarding Where Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Where Food Comes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Application Software 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 Where Food. If investors know Where 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 Where Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.36 | Revenue Per Share 4.806 | Quarterly Revenue Growth 0.044 | Return On Assets 0.0984 | Return On Equity 0.208 |
The market value of Where Food Comes is measured differently than its book value, which is the value of Where that is recorded on the company's balance sheet. Investors also form their own opinion of Where Food's value that differs from its market value or its book value, called intrinsic value, which is Where Food'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 Where Food's market value can be influenced by many factors that don't directly affect Where Food'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 Where Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Where Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Where Food'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.