WuXi Total Assets vs Intangible Assets Analysis

603259 Stock   55.79  0.12  0.21%   
WuXi AppTec financial indicator trend analysis is more than just analyzing WuXi AppTec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WuXi AppTec is a good investment. Please check the relationship between WuXi AppTec Total Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WuXi AppTec Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WuXi AppTec Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WuXi AppTec's Total Assets and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of WuXi AppTec Co, assuming nothing else is changed. The correlation between historical values of WuXi AppTec's Total Assets and Intangible Assets 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 Assets of WuXi AppTec Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., WuXi AppTec's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of WuXi AppTec assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in WuXi AppTec books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from WuXi AppTec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WuXi AppTec 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in WuXi AppTec Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 1.3 B. The current year's Tax Provision is expected to grow to about 2.2 B
 2021 2022 2023 2024 (projected)
Operating Income4.7B9.7B11.8B12.4B
Total Revenue22.9B39.4B40.3B42.4B

WuXi AppTec fundamental ratios Correlations

0.90.91.00.770.970.710.980.410.850.870.870.860.90.910.980.980.89-0.151.00.940.480.74-0.510.910.86
0.90.80.910.480.960.420.920.180.810.660.730.770.730.790.850.960.71-0.470.910.820.210.44-0.450.730.84
0.90.80.890.770.840.760.860.380.90.920.980.940.970.980.910.880.88-0.230.890.990.620.71-0.60.940.95
1.00.910.890.750.970.690.980.380.850.860.860.850.890.90.980.980.9-0.151.00.930.460.71-0.510.910.85
0.770.480.770.750.610.80.690.70.650.870.750.730.870.760.830.650.880.360.740.780.690.94-0.230.850.65
0.970.960.840.970.610.540.980.290.840.760.790.80.810.850.920.990.81-0.310.970.880.290.59-0.470.840.85
0.710.420.760.690.80.540.580.430.570.830.840.650.80.760.770.590.730.130.680.740.880.73-0.720.750.56
0.980.920.860.980.690.980.580.390.830.840.80.830.850.860.950.980.85-0.250.970.90.320.68-0.440.90.87
0.410.180.380.380.70.290.430.390.330.530.330.330.560.390.480.330.470.370.360.380.260.870.150.50.36
0.850.810.90.850.650.840.570.830.330.790.840.850.870.940.80.850.85-0.190.850.920.390.61-0.450.880.89
0.870.660.920.860.870.760.830.840.530.790.910.870.950.920.910.80.9-0.020.840.920.640.81-0.550.970.83
0.870.730.980.860.750.790.840.80.330.840.910.930.950.970.880.840.84-0.180.860.960.740.68-0.690.910.9
0.860.770.940.850.730.80.650.830.330.850.870.930.920.940.850.840.81-0.140.850.950.60.66-0.470.90.93
0.90.730.970.890.870.810.80.850.560.870.950.950.920.970.930.850.91-0.060.880.970.650.85-0.50.960.92
0.910.790.980.90.760.850.760.860.390.940.920.970.940.970.90.880.89-0.170.90.990.60.72-0.60.960.93
0.980.850.910.980.830.920.770.950.480.80.910.880.850.930.90.950.91-0.120.970.930.540.78-0.520.930.84
0.980.960.880.980.650.990.590.980.330.850.80.840.840.850.880.950.83-0.310.980.910.370.63-0.510.870.88
0.890.710.880.90.880.810.730.850.470.850.90.840.810.910.890.910.830.110.890.920.520.79-0.380.950.78
-0.15-0.47-0.23-0.150.36-0.310.13-0.250.37-0.19-0.02-0.18-0.14-0.06-0.17-0.12-0.310.11-0.15-0.160.220.340.46-0.02-0.38
1.00.910.891.00.740.970.680.970.360.850.840.860.850.880.90.970.980.89-0.150.930.470.7-0.510.90.84
0.940.820.990.930.780.880.740.90.380.920.920.960.950.970.990.930.910.92-0.160.930.580.73-0.560.960.94
0.480.210.620.460.690.290.880.320.260.390.640.740.60.650.60.540.370.520.220.470.580.56-0.60.540.44
0.740.440.710.710.940.590.730.680.870.610.810.680.660.850.720.780.630.790.340.70.730.56-0.150.810.64
-0.51-0.45-0.6-0.51-0.23-0.47-0.72-0.440.15-0.45-0.55-0.69-0.47-0.5-0.6-0.52-0.51-0.380.46-0.51-0.56-0.6-0.15-0.48-0.47
0.910.730.940.910.850.840.750.90.50.880.970.910.90.960.960.930.870.95-0.020.90.960.540.81-0.480.87
0.860.840.950.850.650.850.560.870.360.890.830.90.930.920.930.840.880.78-0.380.840.940.440.64-0.470.87
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WuXi AppTec Account Relationship Matchups

WuXi AppTec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.2B46.3B55.1B64.7B73.7B77.4B
Other Current Liab1.3B2.0B3.7B6.8B7.8B8.2B
Total Current Liabilities6.6B7.9B13.0B14.5B14.8B8.2B
Total Stockholder Equity17.3B32.5B38.5B46.6B55.1B57.9B
Other Liab1.5B2.8B1.8B1.5B1.7B1.2B
Retained Earnings5.9B8.3B12.5B19.8B25.8B27.1B
Accounts Payable1.5B2.4B4.2B1.7B1.6B1.6B
Other Assets1.6B1.7B2.0B3.3B3.8B4.0B
Long Term Debt2.6B1.8B607.1M781.1M687.0M985.6M
Net Receivables3.4B3.7B4.6B6.0B7.9B4.0B
Good Will1.4B1.4B1.9B1.8B1.8B1.2B
Inventory1.7B2.7B5.9B5.7B4.7B2.6B
Other Current Assets628.9M1.3B1.5B3.1B1.9B1.1B
Total Liab11.8B13.6B16.4B17.8B18.2B10.8B
Intangible Assets918.0M997.7M1.6B1.8B1.9B1.0B
Common Stock1.7B2.4B3.0B3.0B3.4B3.6B
Property Plant Equipment7.9B10.3B16.1B23.6B27.1B28.5B
Cash5.2B10.2B8.2B8.0B13.8B7.0B
Short Term Investments1.7B4.6B527.3M2M11.0M10.5M
Net Tangible Assets15.0B30.1B35.0B43.0B49.4B51.9B
Non Current Assets Total16.6B23.2B33.1B40.7B43.2B24.7B
Non Currrent Assets Other50.3M1.4B2.2B1.0B98.2M93.2M
Non Current Liabilities Total5.2B5.7B3.4B3.3B3.4B3.2B
Other Stockholder Equity156.2M236.9M(271.4M)24.0M21.6M20.5M
Deferred Long Term Liab1.3B1.4B1.5B1.8B2.1B1.2B
Short Long Term Debt1.6B1.2B2.3B3.9B3.7B2.0B
Total Current Assets12.7B23.1B22.0B24.0B30.4B18.6B
Non Current Liabilities Other554.6M1.8B664.5M148.0M(2.0B)(1.9B)
Common Stock Shares Outstanding2.8B2.9B3.0B3.0B3.0B3.1B
Net Invested Capital21.6B35.5B41.4B51.2B59.5B36.9B
Net Working Capital6.0B15.1B9.0B9.5B15.7B10.1B
Capital Stock1.7B2.4B3.0B3.0B3.0B2.6B

Currently Active Assets on Macroaxis

Other Information on Investing in WuXi Stock

Balance Sheet is a snapshot of the financial position of WuXi AppTec at a specified time, usually calculated after every quarter, six months, or one year. WuXi AppTec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WuXi AppTec and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WuXi currently owns. An asset can also be divided into two categories, current and non-current.