Wise Non Current Liabilities Total vs Other Assets Analysis

WISE Stock   1,037  6.00  0.58%   
Wise Plc financial indicator trend analysis is more than just analyzing Wise plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wise plc is a good investment. Please check the relationship between Wise Plc Non Current Liabilities Total and its Other Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wise plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Other Assets

Non Current Liabilities Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wise plc Non Current Liabilities Total account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Wise Plc's Non Current Liabilities Total and Other Assets is 0.29. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Wise plc, assuming nothing else is changed. The correlation between historical values of Wise Plc's Non Current Liabilities Total and Other 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 Non Current Liabilities Total of Wise plc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Liabilities Total i.e., Wise Plc's Non Current Liabilities Total and Other Assets go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Other Assets

Most indicators from Wise Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wise plc 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 Wise plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 233.5 M in 2024. Tax Provision is likely to gain to about 133.1 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit371.9M638.2M1.1B1.1B
Total Revenue559.9M986.3M1.5B1.6B

Wise Plc fundamental ratios Correlations

1.01.00.990.92-0.990.970.660.550.930.541.0-0.621.01.00.25-0.360.750.650.88-0.070.971.00.590.890.81
1.01.00.990.92-0.990.970.660.550.930.551.0-0.621.01.00.25-0.360.750.650.87-0.070.971.00.590.890.81
1.01.00.990.92-0.990.970.660.550.930.551.0-0.621.01.00.24-0.360.750.650.87-0.070.971.00.590.90.81
0.990.990.990.93-0.970.990.630.430.910.420.98-0.590.990.990.26-0.310.740.630.94-0.110.940.980.580.860.88
0.920.920.920.93-0.890.890.690.50.960.470.92-0.480.920.920.52-0.380.710.780.85-0.070.870.920.820.70.73
-0.99-0.99-0.99-0.97-0.89-0.95-0.7-0.58-0.91-0.55-0.990.57-0.99-0.99-0.20.35-0.72-0.65-0.870.08-0.94-0.98-0.55-0.87-0.8
0.970.970.970.990.89-0.950.520.350.850.340.97-0.680.970.970.14-0.340.780.530.93-0.050.920.970.520.870.92
0.660.660.660.630.69-0.70.520.760.790.710.66-0.230.660.650.58-0.080.370.740.51-0.10.620.650.650.480.29
0.550.550.550.430.5-0.580.350.760.690.990.56-0.170.550.540.41-0.290.250.670.17-0.030.590.550.530.49-0.02
0.930.930.930.910.96-0.910.850.790.690.660.93-0.490.930.930.54-0.380.650.820.78-0.10.890.930.820.720.62
0.540.550.550.420.47-0.550.340.710.990.660.55-0.190.550.540.38-0.280.250.630.130.00.610.550.490.52-0.04
1.01.01.00.980.92-0.990.970.660.560.930.55-0.611.01.00.25-0.360.740.660.87-0.070.971.00.590.890.81
-0.62-0.62-0.62-0.59-0.480.57-0.68-0.23-0.17-0.49-0.19-0.61-0.62-0.620.220.32-0.78-0.04-0.49-0.4-0.6-0.63-0.26-0.59-0.58
1.01.01.00.990.92-0.990.970.660.550.930.551.0-0.621.00.25-0.360.750.650.87-0.070.971.00.590.90.81
1.01.01.00.990.92-0.990.970.650.540.930.541.0-0.621.00.24-0.360.750.650.88-0.070.971.00.590.90.81
0.250.250.240.260.52-0.20.140.580.410.540.380.250.220.250.24-0.15-0.080.760.24-0.410.210.230.77-0.03-0.04
-0.36-0.36-0.36-0.31-0.380.35-0.34-0.08-0.29-0.38-0.28-0.360.32-0.36-0.36-0.15-0.13-0.47-0.280.23-0.34-0.36-0.41-0.24-0.22
0.750.750.750.740.71-0.720.780.370.250.650.250.74-0.780.750.75-0.08-0.130.180.620.580.730.770.430.680.7
0.650.650.650.630.78-0.650.530.740.670.820.630.66-0.040.650.650.76-0.470.180.53-0.450.620.630.830.430.29
0.880.870.870.940.85-0.870.930.510.170.780.130.87-0.490.870.880.24-0.280.620.53-0.250.770.860.50.690.95
-0.07-0.07-0.07-0.11-0.070.08-0.05-0.1-0.03-0.10.0-0.07-0.4-0.07-0.07-0.410.230.58-0.45-0.25-0.01-0.02-0.080.02-0.08
0.970.970.970.940.87-0.940.920.620.590.890.610.97-0.60.970.970.21-0.340.730.620.77-0.010.970.510.960.73
1.01.01.00.980.92-0.980.970.650.550.930.551.0-0.631.01.00.23-0.360.770.630.86-0.020.970.590.890.81
0.590.590.590.580.82-0.550.520.650.530.820.490.59-0.260.590.590.77-0.410.430.830.5-0.080.510.590.240.29
0.890.890.90.860.7-0.870.870.480.490.720.520.89-0.590.90.9-0.03-0.240.680.430.690.020.960.890.240.72
0.810.810.810.880.73-0.80.920.29-0.020.62-0.040.81-0.580.810.81-0.04-0.220.70.290.95-0.080.730.810.290.72
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Wise Plc Account Relationship Matchups

Wise Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B4.3B7.6B11.9B15.1B15.9B
Other Current Liab2.1B3.9B7.0B11.0B13.8B14.5B
Total Current Liabilities2.1B3.9B7.0B11.3B14.1B14.8B
Total Stockholder Equity196.8M285.3M409.2M576.9M979.9M1.0B
Property Plant And Equipment Net19.1M24M22.6M21.1M34.3M36.0M
Net Debt(2.0B)(807.1M)(6.0B)(7.4B)(10.3B)(9.7B)
Retained Earnings8.9M162.6M224.5M357.8M742.9M780.0M
Accounts Payable5.5M3.1M10.4M8.2M7.9M4.1M
Cash2.1B885.7M6.1B7.7B1.1B1.3B
Non Current Assets Total80M123.3M170.8M163.6M175.9M184.7M
Cash And Short Term Investments2.2B1.6B7.2B11.5B1.1B1.7B
Liabilities And Stockholders Equity2.4B4.3B7.6B11.9B15.1B15.9B
Other Current Assets2.1B3.9B7.0B11.0B13.7B14.4B
Other Stockholder Equity120.5M(8M)(400K)(10.4M)(55.5M)(52.7M)
Total Liab2.2B4.0B7.2B11.3B14.2B14.9B
Total Current Assets2.3B4.2B7.4B11.7B15.0B15.7B
Accumulated Other Comprehensive Income67.4M113.3M174.9M219.3M282.3M296.4M
Intangible Assets21.3M27.5M20.3M11.4M6.5M11.2M
Non Currrent Assets Other7.6M15.1M14.3M17.9M32.1M33.7M
Net Receivables61.1M64.5M116.6M50.8M327.4M343.8M
Inventory(54.7M)(58.5M)(108.3M)(31.4M)(145M)(152.3M)
Short Long Term Debt Total49.2M78.6M78.5M249.9M224.2M235.4M
Current Deferred Revenue2.1B3.9B7.0B11.0B13.8B14.5B
Non Current Liabilities Total67M119.8M108.6M41.3M65.6M58.0M
Short Term Debt4.2M3.5M5.5M256.6M209.4M219.9M
Other Assets39.6M71.8M127.9M131.1M15.1B15.9B
Other Liab7.4M24.6M18.4M33.5M38.5M40.5M
Net Tangible Assets175.5M257.8M388.9M565.5M650.3M682.8M
Property Plant Equipment19.1M24M22.6M21.1M24.3M17.4M
Short Term Investments114.1M737.5M1.2B3.8B4.0B4.2B
Capital Lease Obligations14.6M20.1M17.2M14.5M21.5M16.1M
Net Invested Capital246M363.9M487.7M826.8M1.2B595.3M
Net Working Capital183.8M281.8M347M454.6M869.6M913.1M

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