Wise Short Term Debt vs Total Current Liabilities Analysis

WISE Stock   1,045  8.00  0.77%   
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 Short Term Debt and its Total Current Liabilities 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.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wise plc Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
Short Term DebtTotal Current LiabilitiesDiversified AwayShort Term DebtTotal Current LiabilitiesDiversified Away100%
The correlation between Wise Plc's Short Term Debt and Total Current Liabilities is 0.9. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Wise plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Wise Plc's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Wise Plc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wise plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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