Where Tax Provision vs Non Operating Income Net Other 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 Tax Provision and its Non Operating Income Net Other 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.

Tax Provision vs Non Operating Income Net Other

Tax Provision vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Where Food Comes Tax Provision account and Non Operating Income Net Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Where Food's Tax Provision and Non Operating Income Net Other is -0.78. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Non Operating Income Net Other 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 Tax Provision and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Where Food Comes are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Tax Provision i.e., Where Food's Tax Provision and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Non Operating Income Net Other

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 Profit9.7M10.5M10.5M5.8M
Total Revenue21.9M24.8M25.1M15.8M

Where Food fundamental ratios Correlations

0.880.840.90.630.950.790.420.760.320.990.750.30.94-0.550.940.840.240.920.860.960.820.880.60.60.5
0.880.970.990.190.850.980.190.53-0.010.880.84-0.060.97-0.870.980.920.020.990.760.830.990.920.830.830.42
0.840.970.980.130.760.970.060.48-0.120.850.84-0.140.96-0.870.960.840.140.980.650.770.980.970.920.920.33
0.90.990.980.240.850.970.220.540.010.90.85-0.030.99-0.850.990.90.061.00.760.850.990.950.830.830.46
0.630.190.130.240.620.040.60.720.730.610.170.750.340.280.330.260.40.270.590.650.080.28-0.17-0.170.37
0.950.850.760.850.620.760.470.80.340.950.690.30.87-0.510.90.840.130.870.910.910.760.760.490.490.5
0.790.980.970.970.040.760.110.45-0.210.810.8-0.250.94-0.920.950.88-0.040.960.690.710.980.910.880.880.37
0.420.190.060.220.60.470.110.40.490.370.220.430.270.070.230.17-0.470.210.730.490.120.11-0.31-0.290.89
0.760.530.480.540.720.80.450.40.330.770.430.320.62-0.120.620.50.330.570.730.690.420.530.280.280.27
0.32-0.01-0.120.010.730.34-0.210.490.330.230.050.980.050.370.060.110.180.030.30.51-0.09-0.05-0.38-0.390.31
0.990.880.850.90.610.950.810.370.770.230.730.210.94-0.570.940.840.270.920.850.920.820.90.630.630.45
0.750.840.840.850.170.690.80.220.430.050.730.00.81-0.750.820.72-0.050.840.570.740.840.770.690.690.47
0.3-0.06-0.14-0.030.750.3-0.250.430.320.980.210.00.020.430.030.050.29-0.010.250.48-0.14-0.05-0.39-0.390.24
0.940.970.960.990.340.870.940.270.620.050.940.810.02-0.770.990.890.130.990.80.880.960.960.80.80.46
-0.55-0.87-0.87-0.850.28-0.51-0.920.07-0.120.37-0.57-0.750.43-0.77-0.79-0.720.21-0.83-0.44-0.49-0.92-0.77-0.88-0.88-0.3
0.940.980.960.990.330.90.950.230.620.060.940.820.030.99-0.790.920.131.00.80.880.960.950.80.80.42
0.840.920.840.90.260.840.880.170.50.110.840.720.050.89-0.720.920.110.910.720.80.890.830.680.690.32
0.240.020.140.060.40.13-0.04-0.470.330.180.27-0.050.290.130.210.130.110.1-0.150.170.010.270.230.22-0.59
0.920.990.981.00.270.870.960.210.570.030.920.84-0.010.99-0.831.00.910.10.770.860.980.950.830.830.43
0.860.760.650.760.590.910.690.730.730.30.850.570.250.8-0.440.80.72-0.150.770.840.670.670.330.340.73
0.960.830.770.850.650.910.710.490.690.510.920.740.480.88-0.490.880.80.170.860.840.770.80.490.490.58
0.820.990.980.990.080.760.980.120.42-0.090.820.84-0.140.96-0.920.960.890.010.980.670.770.930.880.880.4
0.880.920.970.950.280.760.910.110.53-0.050.90.77-0.050.96-0.770.950.830.270.950.670.80.930.870.870.32
0.60.830.920.83-0.170.490.88-0.310.28-0.380.630.69-0.390.8-0.880.80.680.230.830.330.490.880.871.00.0
0.60.830.920.83-0.170.490.88-0.290.28-0.390.630.69-0.390.8-0.880.80.690.220.830.340.490.880.871.00.02
0.50.420.330.460.370.50.370.890.270.310.450.470.240.46-0.30.420.32-0.590.430.730.580.40.320.00.02
Click cells to compare fundamentals

Where Food Account Relationship Matchups

Where Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2M19.4M19.8M18.3M16.3M11.6M
Short Long Term Debt Total3.8M4.6M3.4M3.1M2.8M1.7M
Other Current Liab673.8K197K295K484K203K192.9K
Total Current Liabilities2.7M3.1M3.0M3.0M3.0M2.1M
Total Stockholder Equity11.9M12.5M13.7M12.5M10.8M8.1M
Property Plant And Equipment Net4.8M4.6M4.1M3.6M3.1M1.8M
Net Debt1.2M230K(2.0M)(1.2M)159K167.0K
Retained Earnings2.2M3.5M5.6M7.6M9.7M10.2M
Accounts Payable1.0M649K447K640K567K425.9K
Cash2.6M4.4M5.4M4.4M2.6M2.7M
Non Current Assets Total12.4M12.0M11.1M10.4M10.1M6.2M
Cash And Short Term Investments2.9M4.4M5.4M4.4M2.6M2.7M
Net Receivables2.5M2.5M2.2M2.2M2.1M2.2M
Common Stock Shares Outstanding6.3M6.2M6.2M6.0M5.5M6.0M
Liabilities And Stockholders Equity18.2M19.4M19.8M18.3M16.3M11.6M
Non Current Liabilities Total3.5M3.9M3.0M2.8M2.5M2.1M
Other Current Assets450.3K1.2M650K463K335K446.2K
Other Stockholder Equity9.8M8.9M8.1M4.9M1.1M1.0M
Total Liab6.3M7.0M6.0M5.8M5.5M3.5M
Property Plant And Equipment Gross4.8M4.6M4.1M3.6M5.3M5.6M
Total Current Assets5.9M7.5M8.7M7.9M6.2M5.4M
Short Term Debt247.8K1.0M652K700K624K624.9K
Intangible Assets3.2M2.9M2.6M2.3M2.3M2.7M
Common Stock Total Equity25.0K25.5K25.8K6K5.4K5.1K
Common Stock25.0K25.5K25.8K6K7K6.7K
Current Deferred Revenue797.0K1.1M1.5M1.3M1.5M1.6M
Short Term Investments743.2K245.6K258.1K991K1.1M1.2M
Other Assets399K464K487K546K627.9K361.3K
Property Plant Equipment4.8M4.6M4.1M998K1.1M1.9M
Net Tangible Assets5.8M6.6M8.2M7.2M8.3M5.4M
Capital Lease Obligations3.8M3.6M3.4M3.1M2.8M2.4M
Non Current Liabilities Other147.2K362.1K3.0M2.8M3.2M3.4M

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.