WixCom Long Term Debt vs Net Working Capital Analysis

WIX Stock

USD 219.19 8.92 4.24%

WixCom financial indicator trend analysis is more than just analyzing WixCom current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WixCom is a good investment. Please check the relationship between WixCom Long Term Debt and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between WixCom's Long Term Debt and Net Working Capital is 0.86. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of WixCom are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., WixCom's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that WixCom has held for over one year. Long-term debt appears on WixCom balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on WixCom balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from WixCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WixCom 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 WixCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.At this time, WixCom's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, despite the fact that Tax Provision is likely to grow to (6.4 M).

	2021	2022	2023	2024 (projected)
Interest Expense	5.3M	5.2M	4.8M	5.6M
Depreciation And Amortization	18.9M	22.9M	26.4M	27.8M

Interest Expense Depreciation And Amortization

WixCom fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity
Common Stock Shares Outstanding		0.81	0.46	0.83	0.02	0.72	0.55	0.81	0.71	-0.78	0.79	0.62	0.75	0.63	0.56	0.84	0.71	0.6	0.79	0.76	0.42	0.71	0.81	0.8	0.53	-0.23
Total Assets	0.81		0.62	0.88	0.06	0.94	0.77	0.96	0.85	-0.92	0.86	0.84	0.98	0.79	0.64	0.94	0.88	0.73	0.89	0.99	0.28	0.91	0.98	0.99	0.75	-0.48
Other Current Liab	0.46	0.62		0.5	0.34	0.47	0.29	0.47	0.74	-0.47	0.57	0.23	0.67	0.53	0.49	0.6	0.38	0.49	0.7	0.61	0.42	0.62	0.59	0.57	0.28	-0.07
Total Current Liabilities	0.83	0.88	0.5		-0.21	0.83	0.64	0.87	0.9	-0.9	0.88	0.63	0.83	0.76	0.68	0.91	0.78	0.75	0.88	0.82	0.35	0.8	0.85	0.91	0.61	-0.2
Total Stockholder Equity	0.02	0.06	0.34	-0.21		-0.12	-0.35	-0.15	-0.07	0.3	0.09	-0.02	0.0	0.14	0.21	0.17	-0.27	0.15	0.19	0.04	0.41	-0.14	0.01	-0.09	-0.35	0.26
Other Liab	0.72	0.94	0.47	0.83	-0.12		0.81	0.94	0.78	-0.9	0.81	0.84	0.94	0.8	0.64	0.85	0.9	0.63	0.78	0.96	0.24	0.91	0.91	0.96	0.8	-0.55
Property Plant And Equipment Net	0.55	0.77	0.29	0.64	-0.35	0.81		0.88	0.52	-0.9	0.4	0.88	0.83	0.32	0.09	0.56	0.97	0.49	0.43	0.82	-0.29	0.84	0.84	0.82	1.0	-0.86
Current Deferred Revenue	0.81	0.96	0.47	0.87	-0.15	0.94	0.88		0.74	-0.98	0.76	0.9	0.95	0.65	0.48	0.85	0.97	0.72	0.76	0.95	0.13	0.92	0.98	0.98	0.87	-0.63
Net Debt	0.71	0.85	0.74	0.9	-0.07	0.78	0.52	0.74		-0.78	0.87	0.46	0.84	0.83	0.77	0.87	0.65	0.58	0.93	0.82	0.41	0.78	0.78	0.86	0.49	-0.11
Retained Earnings	-0.78	-0.92	-0.47	-0.9	0.3	-0.9	-0.9	-0.98	-0.78		-0.72	-0.83	-0.93	-0.59	-0.42	-0.8	-0.97	-0.7	-0.73	-0.91	-0.06	-0.92	-0.95	-0.96	-0.89	0.61
Accounts Payable	0.79	0.86	0.57	0.88	0.09	0.81	0.4	0.76	0.87	-0.72		0.55	0.78	0.93	0.9	0.93	0.61	0.68	0.97	0.8	0.63	0.7	0.78	0.85	0.38	-0.05
Cash	0.62	0.84	0.23	0.63	-0.02	0.84	0.88	0.9	0.46	-0.83	0.55		0.82	0.46	0.26	0.72	0.91	0.63	0.54	0.87	-0.1	0.77	0.88	0.84	0.88	-0.75
Non Current Assets Total	0.75	0.98	0.67	0.83	0.0	0.94	0.83	0.95	0.84	-0.93	0.78	0.82		0.73	0.56	0.87	0.91	0.67	0.83	0.99	0.19	0.95	0.97	0.98	0.82	-0.57
Non Currrent Assets Other	0.63	0.79	0.53	0.76	0.14	0.8	0.32	0.65	0.83	-0.59	0.93	0.46	0.73		0.97	0.85	0.5	0.54	0.9	0.76	0.68	0.67	0.66	0.76	0.3	-0.01
Other Assets	0.56	0.64	0.49	0.68	0.21	0.64	0.09	0.48	0.77	-0.42	0.9	0.26	0.56	0.97		0.77	0.29	0.48	0.86	0.59	0.79	0.5	0.49	0.61	0.06	0.24
Cash And Short Term Investments	0.84	0.94	0.6	0.91	0.17	0.85	0.56	0.85	0.87	-0.8	0.93	0.72	0.87	0.85	0.77		0.72	0.78	0.95	0.9	0.45	0.77	0.88	0.91	0.54	-0.18
Net Receivables	0.71	0.88	0.38	0.78	-0.27	0.9	0.97	0.97	0.65	-0.97	0.61	0.91	0.91	0.5	0.29	0.72		0.62	0.61	0.9	-0.09	0.9	0.93	0.92	0.96	-0.76
Common Stock Total Equity	0.6	0.73	0.49	0.75	0.15	0.63	0.49	0.72	0.58	-0.7	0.68	0.63	0.67	0.54	0.48	0.78	0.62		0.69	0.67	0.4	0.68	0.76	0.7	0.48	-0.19
Short Term Investments	0.79	0.89	0.7	0.88	0.19	0.78	0.43	0.76	0.93	-0.73	0.97	0.54	0.83	0.9	0.86	0.95	0.61	0.69		0.84	0.58	0.73	0.81	0.86	0.4	-0.06
Non Current Liabilities Total	0.76	0.99	0.61	0.82	0.04	0.96	0.82	0.95	0.82	-0.91	0.8	0.87	0.99	0.76	0.59	0.9	0.9	0.67	0.84		0.2	0.92	0.96	0.98	0.8	-0.56
Inventory	0.42	0.28	0.42	0.35	0.41	0.24	-0.29	0.13	0.41	-0.06	0.63	-0.1	0.19	0.68	0.79	0.45	-0.09	0.4	0.58	0.2		0.2	0.18	0.22	-0.31	0.49
Other Current Assets	0.71	0.91	0.62	0.8	-0.14	0.91	0.84	0.92	0.78	-0.92	0.7	0.77	0.95	0.67	0.5	0.77	0.9	0.68	0.73	0.92	0.2		0.92	0.93	0.83	-0.6
Other Stockholder Equity	0.81	0.98	0.59	0.85	0.01	0.91	0.84	0.98	0.78	-0.95	0.78	0.88	0.97	0.66	0.49	0.88	0.93	0.76	0.81	0.96	0.18	0.92		0.97	0.83	-0.59
Total Liab	0.8	0.99	0.57	0.91	-0.09	0.96	0.82	0.98	0.86	-0.96	0.85	0.84	0.98	0.76	0.61	0.91	0.92	0.7	0.86	0.98	0.22	0.93	0.97		0.8	-0.52
Property Plant And Equipment Gross	0.53	0.75	0.28	0.61	-0.35	0.8	1.0	0.87	0.49	-0.89	0.38	0.88	0.82	0.3	0.06	0.54	0.96	0.48	0.4	0.8	-0.31	0.83	0.83	0.8		-0.87
Preferred Stock Total Equity	-0.23	-0.48	-0.07	-0.2	0.26	-0.55	-0.86	-0.63	-0.11	0.61	-0.05	-0.75	-0.57	-0.01	0.24	-0.18	-0.76	-0.19	-0.06	-0.56	0.49	-0.6	-0.59	-0.52	-0.87

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WixCom Account Relationship Matchups

WixCom fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	50.5M	54.4M	57.0M	58.0M	58.4M	46.6M
Total Assets	1.1B	1.8B	2.1B	1.8B	1.8B	1.9B
Other Current Liab	77.4M	527.5M	116.5M	145.0M	133.1M	99.9M
Total Current Liabilities	444.2M	617.0M	774.3M	1.2B	789.0M	423.3M
Total Stockholder Equity	207.7M	250.3M	145.7M	(263.2M)	(54.5M)	(51.8M)
Other Liab	23.6M	66.2M	135.0M	91.6M	105.3M	110.6M
Property Plant And Equipment Net	111.0M	124.3M	151.5M	309.3M	557.5M	585.4M
Current Deferred Revenue	289.1M	373.5M	484.4M	529.2M	592.6M	622.2M
Net Debt	175.0M	762.1M	582.6M	885.8M	386.7M	205.1M
Retained Earnings	(404.8M)	(621.3M)	(648.1M)	(1.1B)	(1.0B)	(987.9M)
Accounts Payable	37.7M	79.9M	114.6M	96.1M	38.3M	41.5M
Cash	268.1M	168.9M	451.4M	244.7M	609.6M	640.1M
Non Current Assets Total	334.2M	725.6M	670.0M	610.6M	733.9M	770.6M
Non Currrent Assets Other	8.3M	21.0M	41.6M	23.0M	6.3M	9.5M
Other Assets	9.9M	21.0M	41.6M	23.0M	1.0	0.95
Cash And Short Term Investments	726.5M	1.0B	1.3B	1.1B	962.9M	552.7M
Net Receivables	17.0M	23.7M	30.4M	42.1M	57.4M	60.3M
Common Stock Total Equity	80K	88K	94K	107K	123.1K	77.6K
Short Term Investments	458.4M	867.1M	868.2M	818.8M	353.3M	346.2M
Liabilities And Stockholders Equity	1.1B	1.8B	2.1B	1.8B	1.8B	1.9B
Non Current Liabilities Total	447.7M	959.5M	1.1B	831.1M	1.1B	1.1B
Inventory	12.7M	22.0M	27.2M	13.7M	2.1M	2.0M
Other Current Assets	20.4M	41.6M	39.9M	42.2M	47.8M	50.2M
Other Stockholder Equity	611.1M	862.1M	794.8M	843.1M	981.1M	1.0B
Total Liab	891.9M	1.6B	1.9B	2.0B	1.9B	2.0B
Property Plant And Equipment Gross	111.0M	124.3M	151.5M	309.3M	610.0M	640.5M
Total Current Assets	765.5M	1.1B	1.4B	1.1B	1.1B	595.9M
Accumulated Other Comprehensive Income	1.4M	9.4M	(1.1M)	(33.5M)	4.2M	4.4M
Short Term Debt	37.9M	22.3M	58.4M	420.2M	25.0M	23.7M
Common Stock	94K	107K	111K	108K	110K	82.8K
Property Plant Equipment	111.0M	124.3M	151.5M	309.3M	355.7M	373.5M
Net Tangible Assets	170.1M	258.2M	56.2M	(346.5M)	(311.9M)	(296.3M)
Intangible Assets	19.8M	19.3M	40.2M	34.0M	28.0M	22.6M
Short Long Term Debt Total	443.1M	931.0M	1.0B	1.1B	996.3M	786.1M
Long Term Debt	359.9M	834.4M	923.0M	566.6M	569.7M	564.7M
Net Invested Capital	567.7M	1.1B	1.1B	664.9M	515.2M	700.3M

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WixCom Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

WixCom fundamental ratios Correlations

WixCom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WixCom fundamental ratios Accounts

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Additional Tools for WixCom Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Non Current Assets Total	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Total Assets

Retained Earnings	- 0.98	Current Deferred Revenue
Net Receivables	- 0.97	Retained Earnings
Total Liab	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Non Current Assets Total	- 0.93	Retained Earnings
Other Current Assets	- 0.92	Retained Earnings