WixCom Retained Earnings vs Total Assets 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 Retained Earnings and its Total Assets 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WixCom Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between WixCom's Retained Earnings and Total Assets is -0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of WixCom, assuming nothing else is changed. The correlation between historical values of WixCom's Retained Earnings and Total 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 Retained Earnings of WixCom are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., WixCom's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of WixCom 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 WixCom 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.

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 Retained Earnings vs Total Assets Analysis

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Assets

WixCom fundamental ratios Correlations

WixCom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WixCom fundamental ratios Accounts

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COMMON DESTINATIONS

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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