Wisekey Total Current Assets vs Net Working Capital Analysis

WKEY Stock  USD 2.39  0.30  14.35%   
Wisekey International financial indicator trend analysis is more than just analyzing Wisekey International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wisekey International is a good investment. Please check the relationship between Wisekey International Total Current Assets and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wisekey International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wisekey International Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wisekey International's Total Current Assets and Net Working Capital is 0.63. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Wisekey International Holding, assuming nothing else is changed. The correlation between historical values of Wisekey International's Total Current Assets 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 Total Current Assets of Wisekey International Holding 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 Total Current Assets i.e., Wisekey International's Total Current Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Working Capital

Most indicators from Wisekey International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wisekey International 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 Wisekey International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Wisekey International's Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 36.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.1M9.8M14.7M11.1M
Total Revenue22.3M23.2M30.9M25.0M

Wisekey International fundamental ratios Correlations

0.720.910.860.860.50.84-0.090.09-0.690.770.860.960.120.570.820.760.7-0.160.840.830.60.50.780.920.67
0.720.880.350.80.330.420.030.63-0.190.410.40.740.010.710.40.760.35-0.60.850.510.460.160.370.910.05
0.910.880.690.860.470.76-0.140.32-0.590.660.670.870.180.610.670.890.57-0.320.810.750.560.350.630.950.45
0.860.350.690.580.580.93-0.1-0.33-0.750.790.940.760.110.190.90.540.810.060.480.860.550.470.870.610.84
0.860.80.860.580.330.660.110.51-0.50.760.530.85-0.070.750.490.820.62-0.080.90.780.750.440.70.930.48
0.50.330.470.580.330.63-0.01-0.04-0.320.290.480.390.010.210.540.380.48-0.30.270.610.310.270.460.380.21
0.840.420.760.930.660.63-0.01-0.14-0.710.870.80.730.020.260.770.730.80.050.480.920.70.520.880.640.79
-0.090.03-0.14-0.10.11-0.01-0.010.310.560.28-0.12-0.14-1.0-0.07-0.13-0.080.36-0.130.00.260.620.130.31-0.07-0.06
0.090.630.32-0.330.51-0.04-0.140.310.360.06-0.370.21-0.270.72-0.370.46-0.12-0.430.530.040.310.07-0.110.45-0.45
-0.69-0.19-0.59-0.75-0.5-0.32-0.710.560.36-0.53-0.71-0.62-0.57-0.17-0.7-0.47-0.47-0.43-0.37-0.57-0.22-0.29-0.57-0.5-0.81
0.770.410.660.790.760.290.870.280.06-0.530.670.69-0.270.340.60.690.850.170.550.910.890.60.930.630.79
0.860.40.670.940.530.480.8-0.12-0.37-0.710.670.760.130.160.980.410.77-0.040.530.760.430.420.790.630.77
0.960.740.870.760.850.390.73-0.140.21-0.620.690.760.180.690.680.780.52-0.220.90.70.510.480.640.930.57
0.120.010.180.11-0.070.010.02-1.0-0.27-0.57-0.270.130.180.120.130.12-0.350.10.05-0.24-0.6-0.12-0.30.110.05
0.570.710.610.190.750.210.26-0.070.72-0.170.340.160.690.120.120.70.1-0.360.870.320.310.540.160.79-0.03
0.820.40.670.90.490.540.77-0.13-0.37-0.70.60.980.680.130.120.380.78-0.060.50.740.40.420.760.60.71
0.760.760.890.540.820.380.73-0.080.46-0.470.690.410.780.120.70.380.4-0.260.720.660.610.480.520.840.36
0.70.350.570.810.620.480.80.36-0.12-0.470.850.770.52-0.350.10.780.40.110.430.930.80.450.960.520.71
-0.16-0.6-0.320.06-0.08-0.30.05-0.13-0.43-0.430.17-0.04-0.220.1-0.36-0.06-0.260.11-0.330.040.050.00.18-0.340.52
0.840.850.810.480.90.270.480.00.53-0.370.550.530.90.050.870.50.720.43-0.330.570.50.490.480.960.28
0.830.510.750.860.780.610.920.260.04-0.570.910.760.7-0.240.320.740.660.930.040.570.860.490.970.690.73
0.60.460.560.550.750.310.70.620.31-0.220.890.430.51-0.60.310.40.610.80.050.50.860.460.860.550.56
0.50.160.350.470.440.270.520.130.07-0.290.60.420.48-0.120.540.420.480.450.00.490.490.460.460.450.37
0.780.370.630.870.70.460.880.31-0.11-0.570.930.790.64-0.30.160.760.520.960.180.480.970.860.460.580.83
0.920.910.950.610.930.380.64-0.070.45-0.50.630.630.930.110.790.60.840.52-0.340.960.690.550.450.580.38
0.670.050.450.840.480.210.79-0.06-0.45-0.810.790.770.570.05-0.030.710.360.710.520.280.730.560.370.830.38
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Wisekey International Account Relationship Matchups

Wisekey International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9M52.9M88.8M21.7M47.8M53.9M
Other Current Liab5.4M8.6M7.7M4.9M479K455.1K
Total Current Liabilities20.2M25.0M24.8M10.6M18.9M16.9M
Total Stockholder Equity22.0M16.3M35.9M212K26.7M14.1M
Other Liab15.7M6.9M7.2M7.9M9.1M9.0M
Net Tangible Assets(4.6M)13.1M7.9M(4.1M)(4.8M)(4.5M)
Property Plant And Equipment Net4.9M3.7M4.5M2.2M5.4M3.7M
Current Deferred Revenue344K669K615K174M570K541.5K
Net Debt(852K)(2.7M)(12.2M)10.1M(5.5M)(5.3M)
Retained Earnings(189.2M)(217.8M)(238.2M)(17.4M)(281.0M)(295.0M)
Accounts Payable5.5M4.6M8.9M9.1M12.9M7.8M
Cash12.1M19.7M34.2M4.1M15.3M13.7M
Non Current Assets Total26.3M14.2M46.3M6.2M17.7M26.2M
Non Currrent Assets Other2.3M528K448K(471.9M)275K288.8K
Other Assets26.7M4.8M1.8M1.3M1.2M1.1M
Cash And Short Term Investments12.1M28.8M34.2M4.1M15.3M14.8M
Net Receivables5.2M3.7M3.0M2.4M5.3M4.0M
Common Stock Total Equity1.7M1.9M1.9M2.9M3.3M1.9M
Common Stock Shares Outstanding1.5M1.7M1.8M2.3M9.0M9.4M
Liabilities And Stockholders Equity49.9M52.9M88.8M21.7M47.8M53.9M
Non Current Liabilities Total9.3M13.5M22.7M10.8M7.8M12.7M
Inventory2.8M2.5M2.7M7.5M5.2M3.8M
Other Stockholder Equity210.8M224.3M267.6M254.2M295.0M233.6M
Total Liab29.5M38.5M47.4M21.4M26.7M29.5M
Property Plant And Equipment Gross4.9M3.7M13.3M3.1M14.1M14.8M
Total Current Assets23.6M38.7M42.5M15.4M30.1M27.7M
Accumulated Other Comprehensive Income(1.5M)6.9M1.4M775K4.0M4.2M
Short Term Debt8.9M10.6M7.9M4.8M5.0M7.3M
Intangible Assets600K9K9.2M98M96K91.2K
Common Stock1.9M2.9M5.1M2.0M8.6M9.0M
Property Plant Equipment2.4M4.9M3.7M4.5M5.1M3.4M
Short Long Term Debt Total11.3M17.0M22.1M14.1M9.8M13.6M
Short Long Term Debt7.3M9.7M6.2M3.4M4.4M4.7M
Non Current Liabilities Other3K329K57K8K2K1.9K
Short Term Investments9K9.2M0.03K5K4.8K

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