Weibo Total Current Assets vs Good Will Analysis

WB Stock  USD 8.97  0.21  2.29%   
Weibo Corp financial indicator trend analysis is more than just analyzing Weibo Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weibo Corp is a good investment. Please check the relationship between Weibo Corp Total Current Assets and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weibo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Weibo Stock refer to our How to Trade Weibo Stock guide.

Total Current Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weibo Corp Total Current Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Weibo Corp's Total Current Assets and Good Will is 0.74. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Weibo Corp, assuming nothing else is changed. The correlation between historical values of Weibo Corp's Total Current Assets and Good Will 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 Weibo Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Weibo Corp's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.74
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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Weibo Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weibo Corp 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 Weibo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Weibo Stock refer to our How to Trade Weibo Stock guide.At present, Weibo Corp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Selling General Administrative is forecasted to decline to about 60.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense71.0M39.3M120.1M126.1M
Depreciation And Amortization61.2M66.2M91.6M96.2M

Weibo Corp fundamental ratios Correlations

0.410.640.610.350.590.270.310.580.430.420.560.190.570.40.420.520.240.410.10.210.10.470.570.390.15
0.410.70.830.990.540.80.440.930.940.990.890.630.680.980.870.830.710.96-0.560.510.820.990.660.990.76
0.640.70.880.640.850.320.520.860.550.690.870.430.890.630.740.870.330.66-0.250.240.380.730.870.650.35
0.610.830.880.810.730.520.410.920.770.820.950.570.850.770.910.90.450.7-0.360.290.610.830.790.790.57
0.350.990.640.810.520.830.350.910.940.990.890.620.670.970.860.80.680.93-0.630.540.890.960.640.980.84
0.590.540.850.730.520.220.230.760.430.580.790.180.950.490.540.790.160.49-0.270.140.410.540.950.480.44
0.270.80.320.520.830.220.470.720.870.770.620.270.290.880.740.540.890.84-0.680.680.810.770.270.860.82
0.310.440.520.410.350.230.470.470.360.320.35-0.090.160.50.610.480.750.54-0.10.250.10.510.130.490.09
0.580.930.860.920.910.760.720.470.860.920.980.530.840.90.90.910.630.89-0.510.490.740.930.820.910.72
0.430.940.550.770.940.430.870.360.860.940.820.570.570.950.810.70.740.9-0.620.560.820.930.540.950.79
0.420.990.690.820.990.580.770.320.920.940.90.650.720.970.810.820.640.94-0.560.490.840.970.710.970.78
0.560.890.870.950.890.790.620.350.980.820.90.590.910.840.880.930.490.81-0.530.370.750.880.870.860.73
0.190.630.430.570.620.180.27-0.090.530.570.650.590.480.530.430.520.130.53-0.240.090.470.620.480.570.35
0.570.680.890.850.670.950.290.160.840.570.720.910.480.60.650.870.170.59-0.340.150.550.670.990.610.53
0.40.980.630.770.970.490.880.50.90.950.970.840.530.60.850.790.820.98-0.570.540.820.980.581.00.78
0.420.870.740.910.860.540.740.610.90.810.810.880.430.650.850.850.710.78-0.510.430.710.860.570.870.68
0.520.830.870.90.80.790.540.480.910.70.820.930.520.870.790.850.520.77-0.40.120.630.830.840.80.59
0.240.710.330.450.680.160.890.750.630.740.640.490.130.170.820.710.520.81-0.420.510.560.730.150.790.56
0.410.960.660.70.930.490.840.540.890.90.940.810.530.590.980.780.770.81-0.530.550.740.970.60.970.7
0.1-0.56-0.25-0.36-0.63-0.27-0.68-0.1-0.51-0.62-0.56-0.53-0.24-0.34-0.57-0.51-0.4-0.42-0.53-0.48-0.78-0.49-0.31-0.57-0.79
0.210.510.240.290.540.140.680.250.490.560.490.370.090.150.540.430.120.510.55-0.480.520.480.150.560.56
0.10.820.380.610.890.410.810.10.740.820.840.750.470.550.820.710.630.560.74-0.780.520.740.510.820.98
0.470.990.730.830.960.540.770.510.930.930.970.880.620.670.980.860.830.730.97-0.490.480.740.650.980.68
0.570.660.870.790.640.950.270.130.820.540.710.870.480.990.580.570.840.150.6-0.310.150.510.650.590.5
0.390.990.650.790.980.480.860.490.910.950.970.860.570.611.00.870.80.790.97-0.570.560.820.980.590.77
0.150.760.350.570.840.440.820.090.720.790.780.730.350.530.780.680.590.560.7-0.790.560.980.680.50.77
Click cells to compare fundamentals

Weibo Corp Account Relationship Matchups

Weibo Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding226.4M227.6M230.2M236.4M240.0M248.4M
Total Assets4.8B6.3B7.5B7.1B7.3B3.9B
Other Current Liab561.1M551.2M821.0M914.0M1.2B1.2B
Total Current Liabilities800.9M958.4M2.2B1.2B1.8B1.9B
Total Stockholder Equity2.3B2.8B3.6B3.3B3.4B1.9B
Property Plant And Equipment Net46.7M60.6M68.4M249.6M390.9M410.5M
Current Deferred Revenue108.8M143.7M91.1M79.9M75.2M73.9M
Net Debt229.3M613.7M11.3M(269.2M)120.9M126.9M
Retained Earnings1.2B1.5B2.0B2.0B2.2B2.3B
Accounts Payable126.2M149.5M197.6M161.0M161.5M102.2M
Cash1.5B1.8B2.4B2.7B2.6B1.3B
Non Current Assets Total1.2B1.5B2.7B2.6B2.8B2.9B
Non Currrent Assets Other47.3M24.8M1.1B1.0B36.9M35.0M
Other Assets37.6M51.8M666.6M1.1B1.3B1.3B
Cash And Short Term Investments2.4B3.5B3.1B3.2B3.2B1.9B
Net Receivables807.1M1.2B1.6B502.4M1.2B1.2B
Short Term Investments951.2M1.7B711.1M480.4M641.0M597.4M
Liabilities And Stockholders Equity4.8B6.3B7.5B7.1B7.3B3.9B
Non Current Liabilities Total1.7B2.5B1.7B2.5B2.0B1.1B
Other Current Assets424.9M95.8M91.0M127.6M118.0M116.0M
Other Stockholder Equity1.1B1.2B1.5B1.4B1.4B1.1B
Total Liab2.5B3.4B3.8B3.7B3.8B2.0B
Property Plant And Equipment Gross56.5M60.6M266.1M657.4M617.2M648.0M
Total Current Assets3.6B4.8B4.8B4.6B4.5B2.7B
Accumulated Other Comprehensive Income(68.6M)79.5M156.9M(102.7M)(217.8M)(206.9M)
Property Plant Equipment56.5M60.6M128.9M249.6M287.0M301.3M
Good Will29.0M61.7M130.4M120.2M166.4M174.8M
Long Term Investments1.0B1.2B1.2B993.6M1.3B763.9M
Short Term Debt4.7M11.2M904.5M9.7M809.7M850.2M
Intangible Assets17.5M147.0M166.9M125.1M134.1M140.8M
Other Liab34.0M61.9M82.0M97.4M112.0M117.6M
Net Tangible Assets2.2B2.6B3.3B3.1B3.5B2.0B
Non Current Liabilities Other39.3M61.9M15.1M97.4M3.4M3.3M
Short Long Term Debt Total1.7B2.4B2.4B2.4B2.7B2.2B

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weibo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Weibo Stock refer to our How to Trade Weibo Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Interactive Media & Services space 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 Weibo Corp. If investors know Weibo 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 Weibo Corp 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
0.265
Earnings Share
1.46
Revenue Per Share
7.354
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0436
The market value of Weibo Corp is measured differently than its book value, which is the value of Weibo that is recorded on the company's balance sheet. Investors also form their own opinion of Weibo Corp's value that differs from its market value or its book value, called intrinsic value, which is Weibo Corp'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 Weibo Corp's market value can be influenced by many factors that don't directly affect Weibo Corp'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 Weibo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weibo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weibo Corp'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.