Where Total Assets vs Net Tangible Assets Analysis
WFCF Stock | USD 11.34 0.07 0.62% |
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 Net Tangible Assets 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 Net Tangible Assets
Total Assets vs Net Tangible Assets 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 Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Where Food's Total Assets and Net Tangible Assets is 0.3. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets 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 Net Tangible Assets 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 Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Where Food's Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.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.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
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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 CEOs Directory module to screen CEOs from public companies around the world.
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.