WisdomTree Intangible Assets vs Good Will Analysis

WT Stock   11.95  0.19  1.62%   
WisdomTree financial indicator trend analysis is more than just analyzing WisdomTree current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WisdomTree is a good investment. Please check the relationship between WisdomTree Intangible Assets and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy WisdomTree Stock please use our How to Invest in WisdomTree guide.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WisdomTree Intangible Assets account and Good Will. At this time, the significance of the direction appears to have totally related.
The correlation between WisdomTree's Intangible Assets and Good Will is 1.0. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of WisdomTree, assuming nothing else is changed. The correlation between historical values of WisdomTree's Intangible 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 Intangible Assets of WisdomTree 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 Intangible Assets i.e., WisdomTree's Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 WisdomTree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WisdomTree 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 WisdomTree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy WisdomTree Stock please use our How to Invest in WisdomTree guide.At this time, WisdomTree's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 16.94 in 2024, whereas Selling General Administrative is likely to drop slightly above 18 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue304.3M301.3M349.0M366.5M
Depreciation And Amortization213.2M213.5M2.2M2.0M

WisdomTree fundamental ratios Correlations

0.860.730.850.180.850.640.490.280.980.30.470.790.380.880.440.480.90.560.470.210.040.960.970.930.44
0.860.640.91-0.090.70.80.180.360.790.00.480.720.260.590.760.340.620.60.340.36-0.340.740.760.790.0
0.730.640.57-0.060.630.510.540.330.660.030.610.620.280.570.240.10.690.650.360.540.10.650.660.860.01
0.850.910.570.120.60.850.360.350.810.240.340.710.340.520.770.510.550.470.430.07-0.350.730.740.680.18
0.18-0.09-0.060.12-0.08-0.070.640.110.210.510.030.330.340.27-0.290.190.230.030.4-0.40.40.20.2-0.070.57
0.850.70.630.6-0.080.480.28-0.190.90.240.130.450.10.820.40.220.830.210.150.14-0.010.90.90.890.37
0.640.80.510.85-0.070.480.120.290.590.10.30.5-0.120.30.760.210.350.420.00.01-0.420.510.530.56-0.07
0.490.180.540.360.640.280.120.130.50.610.280.540.570.46-0.150.410.520.290.63-0.020.480.470.470.380.51
0.280.360.330.350.11-0.190.290.130.13-0.190.820.660.470.160.050.370.220.830.530.480.080.150.140.24-0.08
0.980.790.660.810.210.90.590.50.130.380.310.710.330.90.420.470.90.40.410.070.050.980.990.90.53
0.30.00.030.240.510.240.10.61-0.190.38-0.160.210.250.35-0.130.540.31-0.130.29-0.460.390.340.340.120.78
0.470.480.610.340.030.130.30.280.820.31-0.160.720.450.42-0.050.270.50.970.530.760.250.330.330.52-0.05
0.790.720.620.710.330.450.50.540.660.710.210.720.630.710.250.60.750.830.730.340.160.740.740.70.3
0.380.260.280.340.340.1-0.120.570.470.330.250.450.630.37-0.020.680.390.490.990.360.250.360.350.280.31
0.880.590.570.520.270.820.30.460.160.90.350.420.710.370.050.460.980.470.440.170.360.940.940.850.65
0.440.760.240.77-0.290.40.76-0.150.050.42-0.13-0.050.25-0.020.050.150.060.110.010.01-0.770.320.350.34-0.32
0.480.340.10.510.190.220.210.410.370.470.540.270.60.680.460.150.420.360.69-0.040.120.470.470.30.57
0.90.620.690.550.230.830.350.520.220.90.310.50.750.390.980.060.420.550.470.260.360.950.940.910.57
0.560.60.650.470.030.210.420.290.830.4-0.130.970.830.490.470.110.360.550.590.710.150.430.430.59-0.06
0.470.340.360.430.40.150.00.630.530.410.290.530.730.990.440.010.690.470.590.370.260.430.420.360.33
0.210.360.540.07-0.40.140.01-0.020.480.07-0.460.760.340.360.170.01-0.040.260.710.370.080.090.090.41-0.42
0.04-0.340.1-0.350.4-0.01-0.420.480.080.050.390.250.160.250.36-0.770.120.360.150.260.080.120.10.080.52
0.960.740.650.730.20.90.510.470.150.980.340.330.740.360.940.320.470.950.430.430.090.121.00.910.55
0.970.760.660.740.20.90.530.470.140.990.340.330.740.350.940.350.470.940.430.420.090.11.00.920.54
0.930.790.860.68-0.070.890.560.380.240.90.120.520.70.280.850.340.30.910.590.360.410.080.910.920.28
0.440.00.010.180.570.37-0.070.51-0.080.530.78-0.050.30.310.65-0.320.570.57-0.060.33-0.420.520.550.540.28
Click cells to compare fundamentals

WisdomTree Account Relationship Matchups

WisdomTree fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets933.2M869.7M1.0B1.0B944.1M991.3M
Other Current Liab41.0M40.2M70.2M54.9M85.5M89.7M
Total Current Liabilities79.0M74.0M83.7M263.4M103.2M108.4M
Total Stockholder Equity367.6M266.3M269.4M305.6M541.7M568.8M
Property Plant And Equipment Net26.3M23.9M1.1M2.0M990K940.5K
Net Debt123.7M113.8M178.5M190.6M146.2M153.5M
Retained Earnings(8.0M)(53.4M)(22.4M)13.7M95.7M100.5M
Accounts Payable31.0M29.8M9.3M33.2M12.7M15.3M
Cash75.0M73.4M140.7M132.1M129.3M73.9M
Non Current Assets Total810.2M727.8M712.0M739.9M714.3M750.1M
Non Currrent Assets Other34.3M180K361K1.9M459K436.1K
Cash And Short Term Investments92.3M108.3M267.9M258.3M129.3M98.5M
Net Receivables26.8M29.5M31.9M30.5M35.5M18.0M
Common Stock Shares Outstanding151.8M148.7M145.1M143.3M147.8M106.2M
Liabilities And Stockholders Equity933.2M869.7M1.0B1.0B944.1M991.3M
Non Current Liabilities Total486.7M529.4M662.8M464.8M299.2M163.4M
Other Current Assets3.9M4.1M4.2M390K70.3M73.8M
Other Stockholder Equity250.2M184.5M289.7M159.3M312.4M182.8M
Total Liab565.7M603.4M746.5M728.2M402.4M214.4M
Total Current Assets123.1M141.9M304.0M294.0M229.8M122.1M
Accumulated Other Comprehensive Income945K1.1M682K(1.4M)(548K)(520.6K)
Common Stock1.6M1.5M1.5M1.5M1.5M1.0M
Short Term Investments17.3M34.9M127.2M126.2M58.7M61.6M
Inventory3.7M3.8M4.0M4.7M(5.3M)(5.0M)
Intangible Assets603.2M603.3M601.2M603.6M605.1M445.1M
Short Long Term Debt Total198.7M187.2M319.2M437.3M275.5M222.1M
Other Assets68.7M35.3M31.2M11.1M578K549.1K
Long Term Debt Total176.0M166.6M318.6M262.0M301.3M175.7M
Capital Surpluse352.7M317.1M289.7M291.8M335.6M323.0M
Cash And Equivalents75.0M73.4M140.7M132.1M151.9M101.5M
Short Term Debt3.7M3.1M209K175.3M1.2M1.1M
Property Plant Equipment26.3M23.9M1.1M2.0M1.8M1.7M
Other Liab191.2M239.8M233.2M184.8M212.6M228.4M
Net Tangible Assets(351.7M)(420.8M)(417.7M)(383.8M)(345.4M)(362.7M)
Long Term Debt176.0M166.6M318.6M147.0M274.9M234.2M
Net Invested Capital513.4M432.9M588.0M626.8M684.0M623.0M
Long Term Investments28.1M8.6M14.5M36.0M9.9M19.4M
Capital Stock1.6M1.5M1.5M1.5M1.5M1.2M

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