WD 40 Financials

WDFC Stock  USD 274.27  6.00  2.14%   
Based on the key measurements obtained from WD 40's financial statements, WD 40 Company is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At present, WD 40's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 78.3 M, whereas Total Assets are forecasted to decline to about 231.3 M. Key indicators impacting WD 40's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.1179
Significantly Up
Pretty Stable
Return On Assets0.220.1551
Significantly Up
Very volatile
Return On Equity0.350.3021
Fairly Up
Slightly volatile
Debt Equity Ratio0.380.4105
Significantly Down
Pretty Stable
Operating Income53.1 M96.4 M
Way Down
Slightly volatile
Current Ratio3.752.468
Way Up
Pretty Stable
Investors should never underestimate WD 40's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor WD 40's cash flow, debt, and profitability to make informed and accurate decisions about investing in WD 40 Company.

Net Income

35.89 Million

  
Understanding current and past WD 40 Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of WD 40's financial statements are interrelated, with each one affecting the others. For example, an increase in WD 40's assets may result in an increase in income on the income statement.

WD 40 Earnings Geography

Please note, the presentation of WD 40's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, WD 40's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of WD 40's management manipulating its earnings.

WD 40 Stock Summary

WD 40 competes with Quaker Chemical, Minerals Technologies, Innospec, H B, and Cabot. WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, Australia, and the Asia Pacific. The company was founded in 1953 and is headquartered in San Diego, California. W D operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 583 people.
Specialization
Consumer Staples, Household & Personal Products
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9292361071
CUSIP929236107
LocationCalifornia; U.S.A
Business Address9715 Businesspark Avenue,
SectorHousehold Products
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.wd40company.com
Phone619 275 1400
CurrencyUSD - US Dollar

WD 40 Key Financial Ratios

WD 40 Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets362.6M430.2M434.3M438.0M449.0M231.3M
Other Current Liab5.5M45.7M32.1M35.8M45.0M47.2M
Net Debt64.0M36.8M114.5M80.4M56.1M58.9M
Retained Earnings398.7M430.7M456.1M477.5M499.9M524.9M
Cash56.5M86.0M37.8M48.1M46.7M36.6M
Net Receivables80.7M89.6M89.9M98.0M117.5M123.4M
Inventory41.3M55.8M104.1M86.5M79.1M83.0M
Other Current Assets6.8M9.9M17.8M15.8M12.2M8.2M
Total Liab202.3M229.8M245.7M227.8M218.5M229.4M
Total Current Assets185.2M241.2M249.6M248.5M255.4M268.2M
Accounts Payable21.7M33.5M32.9M30.8M36.0M37.8M
Short Term Debt800K2.7M40.9M12.9M11.0M10.4M
Intangible Assets8.6M7.2M5.6M4.7M6.2M5.9M
Other Liab22.6M21.9M21.7M23.4M26.9M28.2M
Other Assets12.4M6.9M10.4M14.7M16.9M17.7M
Long Term Debt113.1M114.9M107.1M109.7M86.0M72.5M
Good Will95.7M95.9M95.2M95.5M97.0M92.1M
Net Tangible Assets55.9M97.3M87.9M110.0M126.5M64.1M
Capital Surpluse153.5M155.1M157.9M163.7M188.3M164.3M

WD 40 Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.4M2.4M2.7M5.6M4.3M4.1M
Total Revenue408.5M488.1M518.8M537.3M590.6M620.1M
Gross Profit223.0M263.7M254.8M274.2M315.2M331.0M
Operating Income77.2M88.8M87.3M89.7M96.4M53.1M
Ebit78.0M88.9M86.9M90.8M95.8M53.5M
Ebitda85.7M95.9M95.1M98.9M105.3M57.6M
Cost Of Revenue185.5M224.4M264.1M263.0M275.3M289.1M
Income Before Tax75.5M86.5M84.1M85.2M91.5M51.4M
Net Income60.7M70.2M67.3M66.0M69.6M35.9M
Income Tax Expense14.8M16.3M16.8M19.2M21.9M15.5M
Research Development6.5M6M5.6M6.2M8M6.3M
Tax Provision14.8M16.3M16.8M19.2M21.9M20.2M
Interest Income93K81K102K231K474K404.9K
Net Interest Income(2.3M)(2.3M)(2.6M)(5.4M)(3.8M)(4.0M)

WD 40 Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory555K(13.8M)(52.7M)19.4M6.4M6.7M
Change In Cash29.2M29.5M(48.1M)10.3M(1.4M)(1.4M)
Free Cash Flow53.4M69.7M(5.7M)91.5M87.8M92.2M
Depreciation7.7M7.0M8.3M8.2M9.5M9.9M
Dividends Paid36.0M38.2M42.0M44.6M47.2M24.3M
Capital Expenditures19.3M15.1M8.3M6.9M4.2M5.9M
Net Income60.7M70.2M67.3M66.0M69.6M39.0M
End Period Cash Flow56.5M86.0M37.8M48.1M46.7M38.9M
Other Non Cash Items275K(550K)867K(688K)2.9M3.1M
Change To Netincome5.1M7.7M8.2M4.5M5.2M3.0M
Investments(18.9M)(14.5M)(7.7M)(6.2M)(9.7M)(9.2M)
Change Receivables(5.6M)(7.3M)(4.5M)(6.6M)(5.9M)(6.2M)
Net Borrowings28.8M1.1M37.6M(29.2M)(26.3M)(24.9M)

WDFC Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining WD 40's current stock value. Our valuation model uses many indicators to compare WD 40 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WD 40 competition to find correlations between indicators driving WD 40's intrinsic value. More Info.
WD 40 Company is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.43  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for WD 40 Company is roughly  2.33 . At present, WD 40's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WD 40's earnings, one of the primary drivers of an investment's value.

WD 40's Earnings Breakdown by Geography

WD 40 Company Systematic Risk

WD 40's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WD 40 volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on WD 40 Company correlated with the market. If Beta is less than 0 WD 40 generally moves in the opposite direction as compared to the market. If WD 40 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WD 40 Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WD 40 is generally in the same direction as the market. If Beta > 1 WD 40 moves generally in the same direction as, but more than the movement of the benchmark.

WD 40 Thematic Clasifications

WD 40 Company is part of Chemicals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ChemicalsView
This theme covers USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in WD 40 Stock are looking for potential investment opportunities by analyzing not only static indicators but also various WD 40's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of WD 40 growth as a starting point in their analysis.

Price Earnings To Growth Ratio

9.28

At present, WD 40's Price Earnings To Growth Ratio is projected to drop based on the last few years of reporting.

WD 40 November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of WD 40 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WD 40 Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of WD 40 Company based on widely used predictive technical indicators. In general, we focus on analyzing WDFC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WD 40's daily price indicators and compare them against related drivers.

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When running WD 40's price analysis, check to measure WD 40's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WD 40 is operating at the current time. Most of WD 40's value examination focuses on studying past and present price action to predict the probability of WD 40's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WD 40's price. Additionally, you may evaluate how the addition of WD 40 to your portfolios can decrease your overall portfolio volatility.
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