Widepoint Net Working Capital vs Cash And Equivalents Analysis

WYY Stock

USD 4.78 0.05 1.06%

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 Working Capital and its Cash And Equivalents 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 Working Capital vs Cash And Equivalents

Net Working Capital vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Widepoint C Net Working Capital account and Cash And Equivalents. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Widepoint's Net Working Capital and Cash And Equivalents is 0.51. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash And Equivalents 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 Working Capital and Cash And Equivalents 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 Working Capital of Widepoint C are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Net Working Capital i.e., Widepoint's Net Working Capital and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Working Capital

Cash And Equivalents

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 Revenue	87.3M	94.1M	106.0M	53.8M
Depreciation And Amortization	1.7M	2.5M	3.4M	3.5M

Total Revenue Depreciation And Amortization

Widepoint fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Other Assets	Long Term Debt
Total Assets		0.44	0.52	0.82	0.78	0.69	-0.27	-0.32	0.62	0.78	0.21	0.62	0.93	0.71	0.74	0.82	0.93	0.16	-0.13	0.86	0.57	0.44	0.12	-0.56	0.44	-0.22
Short Long Term Debt Total	0.44		-0.01	0.29	0.24	0.55	0.56	0.04	-0.02	0.57	0.62	-0.02	0.34	0.23	0.11	0.43	0.28	0.48	-0.29	0.39	0.92	0.53	0.31	-0.11	0.43	0.55
Other Current Liab	0.52	-0.01		0.81	0.13	0.7	-0.25	-0.83	0.29	0.18	-0.15	0.29	0.66	0.58	0.67	0.79	0.61	-0.18	-0.21	0.49	0.25	0.17	0.62	-0.27	-0.07	-0.62
Total Current Liabilities	0.82	0.29	0.81		0.39	0.81	-0.32	-0.61	0.57	0.39	0.12	0.57	0.92	0.57	0.65	0.99	0.9	-0.03	-0.41	0.89	0.45	0.19	0.41	-0.34	0.4	-0.42
Total Stockholder Equity	0.78	0.24	0.13	0.39		0.29	-0.3	0.01	0.51	0.85	0.09	0.51	0.54	0.55	0.55	0.39	0.6	0.31	0.19	0.46	0.25	0.44	-0.21	-0.52	0.26	-0.07
Property Plant And Equipment Net	0.69	0.55	0.7	0.81	0.29		-0.01	-0.52	0.37	0.45	0.31	0.37	0.71	0.47	0.53	0.86	0.69	0.18	-0.58	0.64	0.7	0.5	0.74	-0.05	0.39	-0.35
Net Debt	-0.27	0.56	-0.25	-0.32	-0.3	-0.01		0.16	-0.84	0.18	0.38	-0.84	-0.32	-0.07	-0.29	-0.19	-0.48	0.16	0.02	-0.34	0.5	0.45	0.18	-0.02	-0.02	0.69
Retained Earnings	-0.32	0.04	-0.83	-0.61	0.01	-0.52	0.16		-0.16	-0.1	-0.08	-0.16	-0.43	-0.7	-0.77	-0.59	-0.39	0.14	0.14	-0.28	-0.16	-0.07	-0.69	0.09	0.36	0.44
Cash	0.62	-0.02	0.29	0.57	0.51	0.37	-0.84	-0.16		0.16	-0.05	1.0	0.6	0.24	0.43	0.51	0.76	0.12	-0.21	0.66	0.0	-0.2	-0.02	-0.05	0.3	-0.47
Non Current Assets Total	0.78	0.57	0.18	0.39	0.85	0.45	0.18	-0.1	0.16		0.36	0.16	0.54	0.69	0.58	0.46	0.5	0.32	0.13	0.43	0.61	0.73	0.03	-0.58	0.26	0.18
Non Currrent Assets Other	0.21	0.62	-0.15	0.12	0.09	0.31	0.38	-0.08	-0.05	0.36		-0.05	0.1	0.2	0.13	0.22	0.09	0.06	-0.34	0.21	0.62	0.49	0.28	0.17	0.25	0.46
Cash And Short Term Investments	0.62	-0.02	0.29	0.57	0.51	0.37	-0.84	-0.16	1.0	0.16	-0.05		0.6	0.24	0.43	0.51	0.76	0.12	-0.21	0.66	0.0	-0.2	-0.02	-0.05	0.3	-0.47
Net Receivables	0.93	0.34	0.66	0.92	0.54	0.71	-0.32	-0.43	0.6	0.54	0.1	0.6		0.64	0.7	0.91	0.98	-0.01	-0.23	0.94	0.51	0.26	0.18	-0.53	0.44	-0.34
Common Stock Shares Outstanding	0.71	0.23	0.58	0.57	0.55	0.47	-0.07	-0.7	0.24	0.69	0.2	0.24	0.64		0.96	0.58	0.59	0.05	0.18	0.46	0.39	0.4	0.31	-0.55	-0.18	-0.18
Other Stockholder Equity	0.74	0.11	0.67	0.65	0.55	0.53	-0.29	-0.77	0.43	0.58	0.13	0.43	0.7	0.96		0.63	0.68	0.03	0.08	0.51	0.3	0.31	0.37	-0.44	-0.17	-0.38
Total Liab	0.82	0.43	0.79	0.99	0.39	0.86	-0.19	-0.59	0.51	0.46	0.22	0.51	0.91	0.58	0.63		0.88	0.01	-0.43	0.87	0.59	0.3	0.47	-0.32	0.42	-0.31
Total Current Assets	0.93	0.28	0.61	0.9	0.6	0.69	-0.48	-0.39	0.76	0.5	0.09	0.76	0.98	0.59	0.68	0.88		0.03	-0.26	0.94	0.43	0.19	0.15	-0.43	0.45	-0.4
Short Term Debt	0.16	0.48	-0.18	-0.03	0.31	0.18	0.16	0.14	0.12	0.32	0.06	0.12	-0.01	0.05	0.03	0.01	0.03		-0.18	-0.02	0.2	0.1	0.15	0.14	0.23	0.19
Common Stock	-0.13	-0.29	-0.21	-0.41	0.19	-0.58	0.02	0.14	-0.21	0.13	-0.34	-0.21	-0.23	0.18	0.08	-0.43	-0.26	-0.18		-0.34	-0.29	-0.18	-0.55	-0.59	-0.65	0.24
Accounts Payable	0.86	0.39	0.49	0.89	0.46	0.64	-0.34	-0.28	0.66	0.43	0.21	0.66	0.94	0.46	0.51	0.87	0.94	-0.02	-0.34		0.48	0.12	0.07	-0.43	0.61	-0.21
Non Current Liabilities Total	0.57	0.92	0.25	0.45	0.25	0.7	0.5	-0.16	0.0	0.61	0.62	0.0	0.51	0.39	0.3	0.59	0.43	0.2	-0.29	0.48		0.69	0.44	-0.2	0.36	0.35
Other Current Assets	0.44	0.53	0.17	0.19	0.44	0.5	0.45	-0.07	-0.2	0.73	0.49	-0.2	0.26	0.4	0.31	0.3	0.19	0.1	-0.18	0.12	0.69		0.33	-0.14	0.24	0.14
Property Plant And Equipment Gross	0.12	0.31	0.62	0.41	-0.21	0.74	0.18	-0.69	-0.02	0.03	0.28	-0.02	0.18	0.31	0.37	0.47	0.15	0.15	-0.55	0.07	0.44	0.33		0.38	-0.11	-0.31
Intangible Assets	-0.56	-0.11	-0.27	-0.34	-0.52	-0.05	-0.02	0.09	-0.05	-0.58	0.17	-0.05	-0.53	-0.55	-0.44	-0.32	-0.43	0.14	-0.59	-0.43	-0.2	-0.14	0.38		0.01	-0.07
Other Assets	0.44	0.43	-0.07	0.4	0.26	0.39	-0.02	0.36	0.3	0.26	0.25	0.3	0.44	-0.18	-0.17	0.42	0.45	0.23	-0.65	0.61	0.36	0.24	-0.11	0.01		0.03
Long Term Debt	-0.22	0.55	-0.62	-0.42	-0.07	-0.35	0.69	0.44	-0.47	0.18	0.46	-0.47	-0.34	-0.18	-0.38	-0.31	-0.4	0.19	0.24	-0.21	0.35	0.14	-0.31	-0.07	0.03

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Widepoint Account Relationship Matchups

Widepoint fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	64.3M	101.3M	75.5M	49.0M	51.3M	36.7M
Short Long Term Debt Total	6.2M	6.5M	6.8M	5.3M	4.8M	3.0M
Other Current Liab	15.1M	12.3M	9.7M	9.0M	13.9M	14.5M
Total Current Liabilities	31.5M	54.4M	26.0M	26.1M	31.5M	33.0M
Total Stockholder Equity	24.9M	40.6M	41.7M	17.8M	14.7M	19.7M
Property Plant And Equipment Net	6.6M	6.7M	7.1M	5.7M	4.8M	5.1M
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)
Cash	6.9M	16.0M	6.5M	7.5M	6.9M	5.3M
Non Current Assets Total	27.8M	33.8M	42.3M	21.0M	18.5M	17.9M
Non Currrent Assets Other	140.4K	815.0K	1.7M	2.0M	483.3K	507.5K
Cash And Short Term Investments	6.9M	16.0M	6.5M	7.5M	6.9M	5.3M
Net Receivables	28.6M	49.7M	23.5M	19.5M	24.8M	12.8M
Common Stock Shares Outstanding	8.4M	8.6M	9.2M	8.7M	8.8M	6.0M
Liabilities And Stockholders Equity	64.3M	101.3M	75.5M	49.0M	51.3M	36.7M
Other Stockholder Equity	95.3M	100.5M	101.4M	101.2M	102.2M	77.2M
Total Liab	39.4M	60.8M	33.8M	31.3M	36.6M	38.5M
Total Current Assets	36.5M	67.5M	33.1M	28.0M	32.8M	18.8M
Short Term Debt	599.6K	1.2M	1.6M	1.2M	1.3M	1.0M
Common Stock	83.9K	8.9K	8.8K	8.7K	8.9K	8.4K
Accounts Payable	13.6M	36.2M	10.3M	12.5M	12.6M	7.4M
Non Current Liabilities Total	7.8M	6.3M	7.8M	5.1M	5.2M	2.8M
Other Current Assets	1.1M	772.7K	2.6M	713.7K	717.5K	681.7K
Property Plant And Equipment Gross	6.6M	573.0K	7.1M	8.8M	8.4M	8.8M
Accumulated Other Comprehensive Income	(242.6K)	(104.6K)	(241.6K)	(350.2K)	(334.9K)	(351.6K)
Intangible Assets	2.5M	2.2M	6.2M	7.4M	7.3M	7.7M
Other Assets	140.4K	12.5M	6.9M	2.1M	2.4M	2.2M
Common Stock Total Equity	83.0K	84.1K	83.9K	8.9K	10.2K	9.7K
Property Plant Equipment	681.6K	6.7M	7.1M	5.7M	6.6M	6.9M
Inventory	213.7K	991.0K	590.1K	222.3K	366.1K	384.4K
Other Liab	2.2M	398.4K	1.7M	371.7K	427.5K	648.2K
Current Deferred Revenue	2.3M	2.0M	2.3M	1.7M	2.0M	1.3M
Net Tangible Assets	24.9M	19.8M	13.4M	4.5M	5.2M	5.0M
Retained Earnings Total Equity	(69.0M)	(70.4M)	(70.2M)	(59.9M)	(53.9M)	(56.6M)
Capital Surpluse	95.3M	100.5M	101.4M	101.2M	116.4M	98.7M
Deferred Long Term Liab	656.4K	2.0M	2.2M	398.4K	458.2K	801.3K

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Widepoint Net Working Capital vs Cash And Equivalents Analysis

Net Working Capital vs Cash And Equivalents

Net Working Capital vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Net Working Capital

Cash And Equivalents

Widepoint fundamental ratios Correlations

Widepoint Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Widepoint fundamental ratios Accounts

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Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.98	Net Receivables
Other Stockholder Equity	+ 0.96	Common Stock Shares Outstanding
Accounts Payable	+ 0.94	Net Receivables
Accounts Payable	+ 0.94	Total Current Assets

Cash And Short Term Investments	- 0.84	Net Debt
Cash	- 0.84	Net Debt
Retained Earnings	- 0.83	Other Current Liab
Other Stockholder Equity	- 0.77	Retained Earnings
Common Stock Shares Outstanding	- 0.7	Retained Earnings
Property Plant And Equipment Gross	- 0.69	Retained Earnings