GeneDx Retained Earnings vs Net Working Capital Analysis

WGSWW Stock

0.15 0.02 11.76%

GeneDx Holdings financial indicator trend analysis is much more than just examining GeneDx Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GeneDx Holdings Corp is a good investment. Please check the relationship between GeneDx Holdings Retained Earnings and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in GeneDx Holdings 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 housing.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GeneDx Holdings Corp Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between GeneDx Holdings' Retained Earnings and Net Working Capital is -0.1. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of GeneDx Holdings Corp, assuming nothing else is changed. The correlation between historical values of GeneDx Holdings' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of GeneDx Holdings Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., GeneDx Holdings' Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

Most indicators from GeneDx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GeneDx Holdings 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 GeneDx Holdings 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 housing.

At this time, GeneDx Holdings' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 91.3 M in 2024, whereas Tax Provision is likely to drop (972.3 K) in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	23.4M	63.0M	33.7M	31.3M
Interest Income	79K	2.5M	2.9M	3.1M

Depreciation And Amortization Interest Income

GeneDx Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Common Stock Shares Outstanding		0.52	0.84	0.32	-0.14	0.5	0.26	-0.69	0.53	-0.85	-0.68	-0.16	0.75	0.71	0.89	-0.09	0.4	-0.5	0.75	-0.8	0.2	0.64	-0.55	0.52	0.44	-0.47
Total Assets	0.52		0.53	0.77	0.53	1.0	0.49	-0.96	-0.3	-0.83	0.14	0.63	0.7	0.25	0.34	0.68	0.25	-1.0	0.69	-0.41	0.91	0.96	-1.0	1.0	0.65	0.41
Short Long Term Debt Total	0.84	0.53		0.35	-0.02	0.55	0.22	-0.71	0.53	-0.84	-0.51	-0.24	0.91	0.51	0.73	-0.14	0.44	-0.53	0.9	-0.94	0.14	0.74	-0.57	0.57	0.25	-0.32
Other Current Liab	0.32	0.77	0.35		0.88	0.76	0.92	-0.79	-0.08	-0.71	0.41	0.31	0.69	-0.26	-0.02	0.31	0.73	-0.82	0.71	-0.46	0.79	0.77	-0.77	0.75	0.07	0.59
Total Current Liabilities	-0.14	0.53	-0.02	0.88		0.54	0.82	-0.48	-0.33	-0.31	0.78	0.36	0.38	-0.66	-0.49	0.33	0.58	-0.59	0.4	-0.11	0.69	0.49	-0.51	0.52	-0.2	0.87
Total Stockholder Equity	0.5	1.0	0.55	0.76	0.54		0.47	-0.96	-0.32	-0.82	0.17	0.63	0.71	0.22	0.3	0.68	0.24	-1.0	0.7	-0.42	0.9	0.96	-1.0	1.0	0.63	0.44
Property Plant And Equipment Net	0.26	0.49	0.22	0.92	0.82	0.47		-0.57	0.16	-0.56	0.33	0.01	0.57	-0.36	-0.07	-0.01	0.89	-0.55	0.6	-0.45	0.55	0.51	-0.48	0.45	-0.21	0.44
Current Deferred Revenue	-0.69	-0.96	-0.71	-0.79	-0.48	-0.96	-0.57		0.03	0.95	0.03	-0.39	-0.86	-0.31	-0.48	-0.46	-0.44	0.96	-0.85	0.64	-0.79	-0.99	0.97	-0.96	-0.55	-0.25
Net Debt	0.53	-0.3	0.53	-0.08	-0.33	-0.32	0.16	0.03		-0.27	-0.7	-0.91	0.39	0.27	0.52	-0.88	0.57	0.29	0.41	-0.7	-0.57	-0.07	0.27	-0.3	-0.41	-0.72
Retained Earnings	-0.85	-0.83	-0.84	-0.71	-0.31	-0.82	-0.56	0.95	-0.27		0.29	-0.12	-0.92	-0.44	-0.67	-0.19	-0.56	0.83	-0.92	0.82	-0.59	-0.92	0.85	-0.83	-0.45	0.03
Accounts Payable	-0.68	0.14	-0.51	0.41	0.78	0.17	0.33	0.03	-0.7	0.29		0.5	-0.19	-0.86	-0.89	0.44	0.04	-0.2	-0.19	0.46	0.44	0.02	-0.11	0.14	-0.27	0.96
Cash	-0.16	0.63	-0.24	0.31	0.36	0.63	0.01	-0.39	-0.91	-0.12	0.5		-0.1	0.02	-0.18	0.99	-0.43	-0.6	-0.11	0.44	0.81	0.4	-0.6	0.61	0.69	0.63
Non Current Assets Total	0.75	0.7	0.91	0.69	0.38	0.71	0.57	-0.86	0.39	-0.92	-0.19	-0.1		0.22	0.51	-0.03	0.69	-0.72	1.0	-0.93	0.41	0.87	-0.73	0.72	0.15	0.02
Non Currrent Assets Other	0.71	0.25	0.51	-0.26	-0.66	0.22	-0.36	-0.31	0.27	-0.44	-0.86	0.02	0.22		0.93	0.09	-0.27	-0.17	0.21	-0.32	-0.02	0.27	-0.27	0.24	0.73	-0.72
Long Term Debt	0.89	0.34	0.73	-0.02	-0.49	0.3	-0.07	-0.48	0.52	-0.67	-0.89	-0.18	0.51	0.93		-0.1	0.1	-0.28	0.5	-0.63	0.01	0.43	-0.36	0.33	0.56	-0.72
Cash And Short Term Investments	-0.09	0.68	-0.14	0.31	0.33	0.68	-0.01	-0.46	-0.88	-0.19	0.44	0.99	-0.03	0.09	-0.1		-0.42	-0.65	-0.04	0.36	0.82	0.46	-0.66	0.67	0.74	0.59
Net Receivables	0.4	0.25	0.44	0.73	0.58	0.24	0.89	-0.44	0.57	-0.56	0.04	-0.43	0.69	-0.27	0.1	-0.42		-0.32	0.71	-0.71	0.17	0.4	-0.27	0.24	-0.44	0.11
Non Current Liabilities Total	-0.5	-1.0	-0.53	-0.82	-0.59	-1.0	-0.55	0.96	0.29	0.83	-0.2	-0.6	-0.72	-0.17	-0.28	-0.65	-0.32		-0.72	0.43	-0.92	-0.96	1.0	-0.99	-0.58	-0.46
Capital Lease Obligations	0.75	0.69	0.9	0.71	0.4	0.7	0.6	-0.85	0.41	-0.92	-0.19	-0.11	1.0	0.21	0.5	-0.04	0.71	-0.72		-0.93	0.41	0.86	-0.72	0.71	0.13	0.03
Inventory	-0.8	-0.41	-0.94	-0.46	-0.11	-0.42	-0.45	0.64	-0.7	0.82	0.46	0.44	-0.93	-0.32	-0.63	0.36	-0.71	0.43	-0.93		-0.07	-0.65	0.45	-0.44	0.02	0.3
Other Current Assets	0.2	0.91	0.14	0.79	0.69	0.9	0.55	-0.79	-0.57	-0.59	0.44	0.81	0.41	-0.02	0.01	0.82	0.17	-0.92	0.41	-0.07		0.77	-0.89	0.88	0.57	0.66
Other Stockholder Equity	0.64	0.96	0.74	0.77	0.49	0.96	0.51	-0.99	-0.07	-0.92	0.02	0.4	0.87	0.27	0.43	0.46	0.4	-0.96	0.86	-0.65	0.77		-0.97	0.97	0.51	0.29
Total Liab	-0.55	-1.0	-0.57	-0.77	-0.51	-1.0	-0.48	0.97	0.27	0.85	-0.11	-0.6	-0.73	-0.27	-0.36	-0.66	-0.27	1.0	-0.72	0.45	-0.89	-0.97		-1.0	-0.64	-0.39
Net Invested Capital	0.52	1.0	0.57	0.75	0.52	1.0	0.45	-0.96	-0.3	-0.83	0.14	0.61	0.72	0.24	0.33	0.67	0.24	-0.99	0.71	-0.44	0.88	0.97	-1.0		0.63	0.41
Property Plant And Equipment Gross	0.44	0.65	0.25	0.07	-0.2	0.63	-0.21	-0.55	-0.41	-0.45	-0.27	0.69	0.15	0.73	0.56	0.74	-0.44	-0.58	0.13	0.02	0.57	0.51	-0.64	0.63		-0.07
Short Long Term Debt	-0.47	0.41	-0.32	0.59	0.87	0.44	0.44	-0.25	-0.72	0.03	0.96	0.63	0.02	-0.72	-0.72	0.59	0.11	-0.46	0.03	0.3	0.66	0.29	-0.39	0.41	-0.07

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GeneDx Retained Earnings vs Net Working Capital Analysis

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Working Capital

GeneDx Holdings fundamental ratios Correlations

GeneDx Holdings Account Relationship Matchups

High Positive Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Lease Obligations	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 0.99	Cash

Net Invested Capital	- 1.0	Total Liab
Total Liab	- 1.0	Total Stockholder Equity
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Total Liab	- 1.0	Total Assets
Non Current Liabilities Total	- 1.0	Total Assets
Net Invested Capital	- 0.99	Non Current Liabilities Total