WORK Historical Balance Sheet
| WOK Stock | 5.46 0.75 15.92% |
Trend analysis of WORK Medical Technology balance sheet accounts such as Total Assets of 28.5 M, Total Current Liabilities of 20.3 M, Total Stockholder Equity of 9.6 M or Property Plant And Equipment Net of 8.2 M provides information on WORK Medical's total assets, liabilities, and equity, which is the actual value of WORK Medical Technology to its prevalent stockholders. By breaking down trends over time using WORK Medical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About WORK Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of WORK Medical Technology at a specified time, usually calculated after every quarter, six months, or one year. WORK Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WORK Medical 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 WORK currently owns. An asset can also be divided into two categories, current and non-current.
WORK Medical Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of WORK Medical 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 WORK Medical Technology 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.Total Current Liabilities
Total Current Liabilities is an item on WORK Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of WORK Medical Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from WORK Medical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into WORK Medical Technology current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 WORK Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, WORK Medical's Non Current Assets Total are quite stable compared to the past year. Inventory is expected to rise to about 5.6 M this year, although the value of Retained Earnings will most likely fall to about 8.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 14.3M | 18.9M | 17.0M | 20.3M | Total Assets | 25.5M | 30.0M | 27.0M | 28.5M |
WORK Medical balance sheet Correlations
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WORK Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WORK Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Health Care Equipment & Supplies 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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK Medical'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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK Medical'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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK Medical'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.