Wrap Current Deferred Revenue vs Capex To Revenue Analysis

WRAP Stock

USD 1.47 0.03 2.00%

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

To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.

Current Deferred Revenue vs Capex To Revenue

Current Deferred Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wrap Technologies Current Deferred Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Wrap Technologies' Current Deferred Revenue and Capex To Revenue is 0.83. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Wrap Technologies, assuming nothing else is changed. The correlation between historical values of Wrap Technologies' Current Deferred Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Wrap Technologies are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., Wrap Technologies' Current Deferred Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

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

To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.As of 11/25/2024, Enterprise Value is likely to grow to about 129.7 M, while Selling General Administrative is likely to drop slightly above 10 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	32.2M	25.8M	29.6M	16.2M
Depreciation And Amortization	567K	863K	992.5K	1.0M

Other Operating Expenses Depreciation And Amortization

Wrap Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Net Invested Capital
Total Assets		0.34	0.41	0.88	1.0	0.58	-0.65	-0.68	0.95	0.64	0.63	0.4	0.74	0.99	0.91	0.89	0.38	0.87	0.89	0.86	0.41	0.53	1.0	0.91	0.82	0.83
Other Current Liab	0.34		1.0	-0.14	0.36	0.95	-0.02	-0.85	0.37	-0.03	0.92	0.97	0.64	0.33	0.53	0.52	0.99	0.7	0.38	0.71	1.0	0.97	0.28	0.55	0.64	-0.23
Total Current Liabilities	0.41	1.0		-0.07	0.43	0.97	-0.06	-0.88	0.44	0.01	0.94	0.98	0.68	0.39	0.58	0.58	0.99	0.76	0.45	0.76	1.0	0.98	0.35	0.61	0.69	-0.16
Total Stockholder Equity	0.88	-0.14	-0.07		0.87	0.13	-0.68	-0.28	0.8	0.69	0.2	-0.07	0.46	0.88	0.68	0.67	-0.1	0.56	0.73	0.55	-0.07	0.06	0.91	0.67	0.54	0.99
Net Tangible Assets	1.0	0.36	0.43	0.87		0.59	-0.67	-0.68	0.93	0.66	0.63	0.41	0.74	1.0	0.92	0.89	0.39	0.86	0.88	0.85	0.42	0.53	0.99	0.92	0.81	0.82
Property Plant And Equipment Net	0.58	0.95	0.97	0.13	0.59		-0.16	-0.97	0.64	0.11	0.99	0.96	0.73	0.54	0.74	0.73	0.96	0.89	0.63	0.89	0.97	0.99	0.52	0.76	0.85	0.04
Net Debt	-0.65	-0.02	-0.06	-0.68	-0.67	-0.16		0.18	-0.42	-1.0	-0.16	-0.04	-0.43	-0.7	-0.55	-0.58	-0.08	-0.37	-0.3	-0.37	-0.06	-0.11	-0.68	-0.55	-0.33	-0.64
Retained Earnings	-0.68	-0.85	-0.88	-0.28	-0.68	-0.97	0.18		-0.77	-0.14	-0.99	-0.92	-0.77	-0.63	-0.84	-0.82	-0.88	-0.95	-0.73	-0.96	-0.88	-0.94	-0.62	-0.85	-0.91	-0.2
Accounts Payable	0.95	0.37	0.44	0.8	0.93	0.64	-0.42	-0.77		0.41	0.7	0.47	0.69	0.91	0.93	0.9	0.41	0.91	0.96	0.91	0.44	0.58	0.93	0.93	0.9	0.75
Cash	0.64	-0.03	0.01	0.69	0.66	0.11	-1.0	-0.14	0.41		0.12	0.0	0.4	0.69	0.53	0.56	0.03	0.34	0.29	0.34	0.01	0.06	0.67	0.53	0.3	0.66
Non Current Assets Total	0.63	0.92	0.94	0.2	0.63	0.99	-0.16	-0.99	0.7	0.12		0.95	0.78	0.59	0.78	0.77	0.93	0.92	0.67	0.93	0.94	0.98	0.58	0.8	0.87	0.11
Non Currrent Assets Other	0.4	0.97	0.98	-0.07	0.41	0.96	-0.04	-0.92	0.47	0.0	0.95		0.71	0.36	0.61	0.61	0.98	0.78	0.43	0.78	0.98	0.96	0.34	0.63	0.71	-0.16
Other Assets	0.74	0.64	0.68	0.46	0.74	0.73	-0.43	-0.77	0.69	0.4	0.78	0.71		0.72	0.75	0.72	0.66	0.81	0.53	0.82	0.68	0.69	0.71	0.76	0.64	0.4
Cash And Short Term Investments	0.99	0.33	0.39	0.88	1.0	0.54	-0.7	-0.63	0.91	0.69	0.59	0.36	0.72		0.88	0.86	0.35	0.83	0.86	0.82	0.39	0.5	0.99	0.88	0.77	0.83
Common Stock Total Equity	0.91	0.53	0.58	0.68	0.92	0.74	-0.55	-0.84	0.93	0.53	0.78	0.61	0.75	0.88		0.98	0.58	0.92	0.86	0.92	0.58	0.68	0.87	1.0	0.89	0.61
Common Stock Shares Outstanding	0.89	0.52	0.58	0.67	0.89	0.73	-0.58	-0.82	0.9	0.56	0.77	0.61	0.72	0.86	0.98		0.58	0.91	0.82	0.91	0.58	0.68	0.86	0.98	0.89	0.59
Non Current Liabilities Total	0.38	0.99	0.99	-0.1	0.39	0.96	-0.08	-0.88	0.41	0.03	0.93	0.98	0.66	0.35	0.58	0.58		0.74	0.4	0.74	0.99	0.97	0.31	0.6	0.67	-0.2
Capital Surpluse	0.87	0.7	0.76	0.56	0.86	0.89	-0.37	-0.95	0.91	0.34	0.92	0.78	0.81	0.83	0.92	0.91	0.74		0.86	1.0	0.76	0.85	0.83	0.94	0.96	0.48
Other Current Assets	0.89	0.38	0.45	0.73	0.88	0.63	-0.3	-0.73	0.96	0.29	0.67	0.43	0.53	0.86	0.86	0.82	0.4	0.86		0.85	0.45	0.59	0.86	0.86	0.89	0.69
Other Stockholder Equity	0.86	0.71	0.76	0.55	0.85	0.89	-0.37	-0.96	0.91	0.34	0.93	0.78	0.82	0.82	0.92	0.91	0.74	1.0	0.85		0.76	0.85	0.82	0.94	0.95	0.47
Total Liab	0.41	1.0	1.0	-0.07	0.42	0.97	-0.06	-0.88	0.44	0.01	0.94	0.98	0.68	0.39	0.58	0.58	0.99	0.76	0.45	0.76		0.98	0.35	0.61	0.69	-0.17
Property Plant And Equipment Gross	0.53	0.97	0.98	0.06	0.53	0.99	-0.11	-0.94	0.58	0.06	0.98	0.96	0.69	0.5	0.68	0.68	0.97	0.85	0.59	0.85	0.98		0.47	0.71	0.81	-0.03
Total Current Assets	1.0	0.28	0.35	0.91	0.99	0.52	-0.68	-0.62	0.93	0.67	0.58	0.34	0.71	0.99	0.87	0.86	0.31	0.83	0.86	0.82	0.35	0.47		0.88	0.78	0.86
Common Stock	0.91	0.55	0.61	0.67	0.92	0.76	-0.55	-0.85	0.93	0.53	0.8	0.63	0.76	0.88	1.0	0.98	0.6	0.94	0.86	0.94	0.61	0.71	0.88		0.9	0.6
Property Plant Equipment	0.82	0.64	0.69	0.54	0.81	0.85	-0.33	-0.91	0.9	0.3	0.87	0.71	0.64	0.77	0.89	0.89	0.67	0.96	0.89	0.95	0.69	0.81	0.78	0.9		0.47
Net Invested Capital	0.83	-0.23	-0.16	0.99	0.82	0.04	-0.64	-0.2	0.75	0.66	0.11	-0.16	0.4	0.83	0.61	0.59	-0.2	0.48	0.69	0.47	-0.17	-0.03	0.86	0.6	0.47

Click cells to compare fundamentals

Wrap Technologies Account Relationship Matchups

Wrap Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.4M	48.8M	44.2M	30.6M	28.5M	26.0M
Other Current Liab	194.3K	970.7K	851K	1.3M	19.7M	20.7M
Total Current Liabilities	1.1M	2.3M	2.9M	3.2M	23.5M	24.7M
Total Stockholder Equity	19.2M	46.4M	41.3M	27.1M	3.2M	3.0M
Net Tangible Assets	19.0M	45.0M	39.3M	24.5M	28.2M	22.5M
Property Plant And Equipment Net	503.8K	496K	1.0M	1.0M	2.8M	2.9M
Net Debt	(16.7M)	(16.3M)	(4.9M)	(5.0M)	(4.5M)	(4.8M)
Retained Earnings	(12.7M)	(25.3M)	(49.8M)	(67.4M)	(98.0M)	(93.1M)
Accounts Payable	407.0K	1.2M	1.8M	1.4M	1.1M	856.4K
Cash	17.0M	16.6M	4.9M	5.3M	4.0M	3.8M
Non Current Assets Total	746.8K	1.9M	3.0M	3.7M	7.3M	7.6M
Non Currrent Assets Other	12.7K	13K	9K	100K	251K	263.6K
Other Assets	12.7K	151.8K	9K	100K	115K	120.8K
Cash And Short Term Investments	17.0M	41.6M	34.9M	19.3M	22.2M	20.2M
Common Stock Total Equity	2.7K	3.0K	3.8K	4K	4.6K	3.2K
Common Stock Shares Outstanding	28.7M	33.8M	39.3M	41.2M	43.9M	33.0M
Liabilities And Stockholders Equity	20.4M	48.8M	44.2M	30.6M	35.2M	25.2M
Non Current Liabilities Total	150.0K	79K	110K	360K	1.8M	1.9M
Capital Surpluse	16.8M	31.9M	71.7M	94.3M	108.5M	113.9M
Inventory	2.2M	2.7M	1.6M	4.0M	5.8M	6.1M
Other Current Assets	250.9K	760K	1.7M	775K	953K	636.6K
Other Stockholder Equity	31.9M	71.7M	91.0M	94.3M	108.5M	113.9M
Total Liab	1.2M	2.4M	3.0M	3.5M	25.3M	26.6M
Property Plant And Equipment Gross	503.8K	496.4K	1.5M	1.0M	4.2M	4.4M
Total Current Assets	19.7M	46.9M	41.2M	26.9M	21.2M	23.7M
Accumulated Other Comprehensive Income	(72.7K)	14.8K	(6K)	94K	108.1K	113.5K
Common Stock	2.7K	3.0K	3.8K	4K	4.6K	3.4K
Property Plant Equipment	503.8K	357.3K	1.0M	758K	871.7K	915.3K
Net Invested Capital	19.2M	46.4M	41.3M	27.1M	1.1M	1.1M
Net Working Capital	18.6M	44.6M	38.4M	23.7M	(2.3M)	(2.2M)
Net Receivables	195.3K	1.9M	3.9M	2.8M	3.0M	2.2M
Intangible Assets	230.3K	1.4M	2.0M	2.6M	2.6M	2.5M

Pair Trading with Wrap Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wrap Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wrap Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Wrap Stock

0.42	KNW	Know Labs Fiscal Year End 17th of December 2024	Pair Corr
0.36	ELSE	Electro Sensors	Pair Corr

The ability to find closely correlated positions to Wrap Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wrap Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wrap Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wrap Technologies to buy it.

The correlation of Wrap Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wrap Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wrap Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wrap Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Wrap Stock Analysis

When running Wrap Technologies' price analysis, check to measure Wrap Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.

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