Widepoint Net Receivables vs Total Stockholder Equity Analysis

WYY Stock  USD 4.95  0.17  3.56%   
Widepoint financial indicator trend analysis is more than just analyzing Widepoint C current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Widepoint C is a good investment. Please check the relationship between Widepoint Net Receivables and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Widepoint C Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Widepoint's Net Receivables and Total Stockholder Equity is 0.54. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Widepoint C, assuming nothing else is changed. The correlation between historical values of Widepoint's Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Widepoint C are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Widepoint's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Widepoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Widepoint C 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 Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Widepoint's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 30.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue87.3M94.1M106.0M53.8M
Depreciation And Amortization1.7M2.5M3.4M3.5M

Widepoint fundamental ratios Correlations

0.440.520.820.780.69-0.27-0.320.620.780.210.620.930.710.740.820.930.16-0.130.860.570.440.12-0.560.44-0.22
0.44-0.010.290.240.550.560.04-0.020.570.62-0.020.340.230.110.430.280.48-0.290.390.920.530.31-0.110.430.55
0.52-0.010.810.130.7-0.25-0.830.290.18-0.150.290.660.580.670.790.61-0.18-0.210.490.250.170.62-0.27-0.07-0.62
0.820.290.810.390.81-0.32-0.610.570.390.120.570.920.570.650.990.9-0.03-0.410.890.450.190.41-0.340.4-0.42
0.780.240.130.390.29-0.30.010.510.850.090.510.540.550.550.390.60.310.190.460.250.44-0.21-0.520.26-0.07
0.690.550.70.810.29-0.01-0.520.370.450.310.370.710.470.530.860.690.18-0.580.640.70.50.74-0.050.39-0.35
-0.270.56-0.25-0.32-0.3-0.010.16-0.840.180.38-0.84-0.32-0.07-0.29-0.19-0.480.160.02-0.340.50.450.18-0.02-0.020.69
-0.320.04-0.83-0.610.01-0.520.16-0.16-0.1-0.08-0.16-0.43-0.7-0.77-0.59-0.390.140.14-0.28-0.16-0.07-0.690.090.360.44
0.62-0.020.290.570.510.37-0.84-0.160.16-0.051.00.60.240.430.510.760.12-0.210.660.0-0.2-0.02-0.050.3-0.47
0.780.570.180.390.850.450.18-0.10.160.360.160.540.690.580.460.50.320.130.430.610.730.03-0.580.260.18
0.210.62-0.150.120.090.310.38-0.08-0.050.36-0.050.10.20.130.220.090.06-0.340.210.620.490.280.170.250.46
0.62-0.020.290.570.510.37-0.84-0.161.00.16-0.050.60.240.430.510.760.12-0.210.660.0-0.2-0.02-0.050.3-0.47
0.930.340.660.920.540.71-0.32-0.430.60.540.10.60.640.70.910.98-0.01-0.230.940.510.260.18-0.530.44-0.34
0.710.230.580.570.550.47-0.07-0.70.240.690.20.240.640.960.580.590.050.180.460.390.40.31-0.55-0.18-0.18
0.740.110.670.650.550.53-0.29-0.770.430.580.130.430.70.960.630.680.030.080.510.30.310.37-0.44-0.17-0.38
0.820.430.790.990.390.86-0.19-0.590.510.460.220.510.910.580.630.880.01-0.430.870.590.30.47-0.320.42-0.31
0.930.280.610.90.60.69-0.48-0.390.760.50.090.760.980.590.680.880.03-0.260.940.430.190.15-0.430.45-0.4
0.160.48-0.18-0.030.310.180.160.140.120.320.060.12-0.010.050.030.010.03-0.18-0.020.20.10.150.140.230.19
-0.13-0.29-0.21-0.410.19-0.580.020.14-0.210.13-0.34-0.21-0.230.180.08-0.43-0.26-0.18-0.34-0.29-0.18-0.55-0.59-0.650.24
0.860.390.490.890.460.64-0.34-0.280.660.430.210.660.940.460.510.870.94-0.02-0.340.480.120.07-0.430.61-0.21
0.570.920.250.450.250.70.5-0.160.00.610.620.00.510.390.30.590.430.2-0.290.480.690.44-0.20.360.35
0.440.530.170.190.440.50.45-0.07-0.20.730.49-0.20.260.40.310.30.190.1-0.180.120.690.33-0.140.240.14
0.120.310.620.41-0.210.740.18-0.69-0.020.030.28-0.020.180.310.370.470.150.15-0.550.070.440.330.38-0.11-0.31
-0.56-0.11-0.27-0.34-0.52-0.05-0.020.09-0.05-0.580.17-0.05-0.53-0.55-0.44-0.32-0.430.14-0.59-0.43-0.2-0.140.380.01-0.07
0.440.43-0.070.40.260.39-0.020.360.30.260.250.30.44-0.18-0.170.420.450.23-0.650.610.360.24-0.110.010.03
-0.220.55-0.62-0.42-0.07-0.350.690.44-0.470.180.46-0.47-0.34-0.18-0.38-0.31-0.40.190.24-0.210.350.14-0.31-0.070.03
Click cells to compare fundamentals

Widepoint Account Relationship Matchups

Widepoint fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.3M101.3M75.5M49.0M51.3M36.7M
Short Long Term Debt Total6.2M6.5M6.8M5.3M4.8M3.0M
Other Current Liab15.1M12.3M9.7M9.0M13.9M14.5M
Total Current Liabilities31.5M54.4M26.0M26.1M31.5M33.0M
Total Stockholder Equity24.9M40.6M41.7M17.8M14.7M19.7M
Property Plant And Equipment Net6.6M6.7M7.1M5.7M4.8M5.1M
Net Debt(686.4K)(9.5M)339.9K(2.2M)(2.2M)(2.3M)
Retained Earnings(70.2M)(59.9M)(59.5M)(83.1M)(87.1M)(82.8M)
Cash6.9M16.0M6.5M7.5M6.9M5.3M
Non Current Assets Total27.8M33.8M42.3M21.0M18.5M17.9M
Non Currrent Assets Other140.4K815.0K1.7M2.0M483.3K507.5K
Cash And Short Term Investments6.9M16.0M6.5M7.5M6.9M5.3M
Net Receivables28.6M49.7M23.5M19.5M24.8M12.8M
Common Stock Shares Outstanding8.4M8.6M9.2M8.7M8.8M6.0M
Liabilities And Stockholders Equity64.3M101.3M75.5M49.0M51.3M36.7M
Other Stockholder Equity95.3M100.5M101.4M101.2M102.2M77.2M
Total Liab39.4M60.8M33.8M31.3M36.6M38.5M
Total Current Assets36.5M67.5M33.1M28.0M32.8M18.8M
Short Term Debt599.6K1.2M1.6M1.2M1.3M1.0M
Common Stock83.9K8.9K8.8K8.7K8.9K8.4K
Accounts Payable13.6M36.2M10.3M12.5M12.6M7.4M
Non Current Liabilities Total7.8M6.3M7.8M5.1M5.2M2.8M
Other Current Assets1.1M772.7K2.6M713.7K717.5K681.7K
Property Plant And Equipment Gross6.6M573.0K7.1M8.8M8.4M8.8M
Accumulated Other Comprehensive Income(242.6K)(104.6K)(241.6K)(350.2K)(334.9K)(351.6K)
Intangible Assets2.5M2.2M6.2M7.4M7.3M7.7M
Other Assets140.4K12.5M6.9M2.1M2.4M2.2M
Common Stock Total Equity83.0K84.1K83.9K8.9K10.2K9.7K
Property Plant Equipment681.6K6.7M7.1M5.7M6.6M6.9M
Inventory213.7K991.0K590.1K222.3K366.1K384.4K
Other Liab2.2M398.4K1.7M371.7K427.5K648.2K
Current Deferred Revenue2.3M2.0M2.3M1.7M2.0M1.3M
Net Tangible Assets24.9M19.8M13.4M4.5M5.2M5.0M
Retained Earnings Total Equity(69.0M)(70.4M)(70.2M)(59.9M)(53.9M)(56.6M)
Capital Surpluse95.3M100.5M101.4M101.2M116.4M98.7M
Deferred Long Term Liab656.4K2.0M2.2M398.4K458.2K801.3K

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