Wayfair Non Current Assets Total vs Other Current Liab Analysis
W Stock | USD 63.59 4.95 8.44% |
Wayfair financial indicator trend analysis is more than just analyzing Wayfair current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wayfair is a good investment. Please check the relationship between Wayfair Non Current Assets Total and its Other Current Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.
Non Current Assets Total vs Other Current Liab
Non Current Assets Total vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wayfair Non Current Assets Total account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wayfair's Non Current Assets Total and Other Current Liab is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Wayfair, assuming nothing else is changed. The correlation between historical values of Wayfair's Non Current Assets Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Wayfair are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Assets Total i.e., Wayfair's Non Current Assets Total and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Current Liab
Most indicators from Wayfair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wayfair 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 Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.At this time, Wayfair's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 15.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.9B | 3.4B | 3.7B | 2.0B | Total Revenue | 13.7B | 12.2B | 12.0B | 7.4B |
Wayfair fundamental ratios Correlations
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Wayfair Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wayfair fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 92.2M | 99.3M | 104M | 106M | 114M | 92.5M | |
Total Assets | 3.0B | 4.6B | 4.6B | 3.6B | 3.5B | 2.3B | |
Other Current Liab | 444.7M | 619.2M | 642M | 529M | 504M | 294.4M | |
Total Current Liabilities | 1.6B | 2.2B | 2.2B | 2.1B | 2.2B | 1.2B | |
Total Stockholder Equity | (944.2M) | (1.2B) | (1.6B) | (2.6B) | (2.7B) | (2.6B) | |
Other Liab | 160.4M | 6.9M | 67.0M | 28M | 32.2M | 56.7M | |
Property Plant And Equipment Net | 1.4B | 1.5B | 1.5B | 1.6B | 1.6B | 825.5M | |
Current Deferred Revenue | 167.6M | 292.5M | 299M | 214M | 195M | 144.8M | |
Net Debt | 1.7B | 1.4B | 2.2B | 3.1B | 2.6B | 2.8B | |
Retained Earnings | (2.1B) | (1.9B) | (1.9B) | (3.3B) | (4.0B) | (3.8B) | |
Accounts Payable | 908.1M | 1.2B | 1.2B | 1.2B | 1.2B | 708.2M | |
Cash | 582.8M | 2.1B | 1.7B | 1.1B | 1.3B | 853.6M | |
Non Current Assets Total | 1.6B | 1.5B | 1.6B | 1.6B | 1.6B | 877.0M | |
Non Currrent Assets Other | 13.5M | 14.2M | 19M | 8M | 51M | 53.6M | |
Other Assets | 8.4M | 839.8M | 35M | 34M | 39.1M | 37.1M | |
Cash And Short Term Investments | 987.0M | 2.6B | 2.4B | 1.3B | 1.4B | 1.1B | |
Net Receivables | 99.7M | 110.3M | 226M | 272M | 140M | 91.2M | |
Short Term Investments | 404.3M | 461.7M | 693M | 228M | 29M | 27.6M | |
Liabilities And Stockholders Equity | 3.0B | 4.6B | 4.6B | 3.6B | 3.5B | 2.3B | |
Non Current Liabilities Total | 2.3B | 3.6B | 4.0B | 4.1B | 4.0B | 4.2B | |
Inventory | 61.7M | 52.2M | 69M | 90M | 75M | 46.1M | |
Other Current Assets | 228.7M | 292.2M | 318M | 293M | 289M | 183.4M | |
Other Stockholder Equity | 1.1B | 698.5M | 337M | 737M | 1.3B | 1.4B | |
Total Liab | 3.9B | 5.8B | 6.2B | 6.1B | 6.2B | 6.5B | |
Property Plant And Equipment Gross | 1.4B | 684.3M | 1.5B | 1.6B | 3.1B | 3.2B | |
Total Current Assets | 1.4B | 3.0B | 3.0B | 1.9B | 1.9B | 1.4B | |
Accumulated Other Comprehensive Income | (1.8M) | (1.4M) | (4.5M) | (7M) | (5M) | (4.8M) | |
Short Term Debt | 91.1M | 97.3M | 110M | 125M | 250M | 262.5M | |
Intangible Assets | 18.4M | 17.3M | 16M | 15M | 14M | 8.6M | |
Property Plant Equipment | 624.5M | 684.3M | 1.5B | 1.6B | 1.9B | 1.9B | |
Net Tangible Assets | (963.0M) | (1.2B) | (1.6B) | (2.6B) | (2.3B) | (2.2B) | |
Long Term Debt | 1.5B | 2.7B | 3.1B | 3.1B | 3.1B | 1.6B | |
Common Stock Total Equity | 88K | 91K | 94K | 73K | 65.7K | 68.5K | |
Retained Earnings Total Equity | (2.1B) | (1.9B) | (1.9B) | (3.3B) | (3.0B) | (2.8B) | |
Capital Surpluse | 1.1B | 698.5M | 337M | 737M | 847.6M | 652.3M | |
Non Current Liabilities Other | 829.5M | 937.0M | 920M | 28M | 44M | 41.8M | |
Common Stock | 94K | 100K | 105K | 108.6K | 124.9K | 102.6K | |
Short Long Term Debt Total | 2.3B | 3.5B | 3.9B | 4.2B | 4.0B | 2.4B | |
Long Term Investments | 155.7M | 0.0 | 8M | 11M | 14M | 13.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wayfair is a strong investment it is important to analyze Wayfair's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wayfair's future performance. For an informed investment choice regarding Wayfair Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Wayfair's price analysis, check to measure Wayfair's 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 Wayfair is operating at the current time. Most of Wayfair's value examination focuses on studying past and present price action to predict the probability of Wayfair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wayfair's price. Additionally, you may evaluate how the addition of Wayfair to your portfolios can decrease your overall portfolio volatility.
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Is Wayfair's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wayfair. If investors know Wayfair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wayfair listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (6.47) | Revenue Per Share 105.289 | Quarterly Revenue Growth 0.004 | Return On Assets (0.13) |
The market value of Wayfair is measured differently than its book value, which is the value of Wayfair that is recorded on the company's balance sheet. Investors also form their own opinion of Wayfair's value that differs from its market value or its book value, called intrinsic value, which is Wayfair's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wayfair's market value can be influenced by many factors that don't directly affect Wayfair's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wayfair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wayfair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wayfair's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.