Where Total Assets vs Accounts Payable 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 Total Assets and its Accounts Payable 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Where Food Comes Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Where Food's Total Assets and Accounts Payable is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Where Food Comes are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Where Food's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Where Food assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Where Food Comes books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Where Food obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Where Food Comes are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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
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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.