Zurn Elkay Financials

ZWS Stock  USD 39.82  0.14  0.35%   
Based on the key measurements obtained from Zurn Elkay's financial statements, Zurn Elkay Water may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Zurn Elkay's Other Current Assets are comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 3 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 84.9 M in 2024. Key indicators impacting Zurn Elkay's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.07730.0736
Sufficiently Up
Slightly volatile
Return On Assets0.04440.0423
Sufficiently Up
Slightly volatile
Operating Income110.7 M218.1 M
Way Down
Pretty Stable
Current Ratio1.793.0231
Way Down
Very volatile
Investors should never underestimate Zurn Elkay'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 Zurn Elkay's cash flow, debt, and profitability to make informed and accurate decisions about investing in Zurn Elkay Water.

Cash And Equivalents

106.7 Million

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

Zurn Elkay Earnings Geography

Please note, the imprecision that can be found in Zurn Elkay's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zurn Elkay Water. Check Zurn Elkay's Beneish M Score to see the likelihood of Zurn Elkay's management manipulating its earnings.

Zurn Elkay Stock Summary

Zurn Elkay competes with Energy Recovery, CECO Environmental, 374Water Common, Federal Signal, and Fuel Tech. Zurn Elkay Water Solutions Corporation designs, procures, manufactures, and markets water system solutions that provide and enhance water quality, safety, flow control, and conservation in and around non-residential buildings. Zurn Elkay Water Solutions Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin. Zurn Elkay operates under Pollution Treatment Controls classification in the United States and is traded on New York Stock Exchange. It employs 1300 people.
Specialization
Industrials, Pollution & Treatment Controls
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS98983L1089
CUSIP76169B102 98983L108 76169B110
LocationWisconsin; U.S.A
Business Address511 West Freshwater
SectorBuilding Products
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.zurnelkay.com
Phone855 480 5050
CurrencyUSD - US Dollar

Zurn Elkay Key Financial Ratios

Zurn Elkay Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Assets76.8M2.0B91.2M93.4M107.4M102.0M
Long Term Debt1.4B1.1B533.9M529.8M473.6M824.7M
Long Term Debt Total1.4B1.2B533.9M530.2M477.2M896.6M
Capital Surpluse1.3B1.4B1.4B2.9B3.3B1.7B
Cash And Equivalents573.4M255.6M96.6M124.8M112.3M106.7M
Other Liab397.8M395M168.1M395.3M355.8M286.4M
Net Tangible Assets(525.1M)(458.4M)(306.8M)(171.7M)(197.5M)(207.3M)
Net Invested Capital2.5B2.8B665.9M2.2B2.1B1.7B
Short Long Term Debt1.2M76.4M5.6M5.5M6.3M6.0M
Net Working Capital585.9M808.8M234.4M468.2M446.9M411.7M

Zurn Elkay Key Income Statement Accounts

The reason investors look at the income statement is to determine what Zurn Elkay's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision54.1M36.3M2.7M26.8M42.6M29.2M
Interest Income62.5M31.3M34.7M26.9M24.2M45.0M
Extraordinary Items(1.8M)83M70.9M4.7M5.4M5.7M
Net Interest Income(58.6M)(33.3M)(34.7M)(26.9M)(38.5M)(40.4M)

Zurn Elkay Key Cash Accounts

201920202021202220232024 (projected)
Investments(123.1M)(122.5M)(21.9M)(6.6M)(4.6M)(4.8M)
Net Borrowings(98.2M)214.4M(5.7M)(576.7M)(5.1M)(5.4M)
Change To Netincome65.5M69.8M49.6M28.7M25.8M24.5M

Zurn Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zurn Elkay's current stock value. Our valuation model uses many indicators to compare Zurn Elkay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zurn Elkay competition to find correlations between indicators driving Zurn Elkay's intrinsic value. More Info.
Zurn Elkay Water is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.67  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Zurn Elkay Water is roughly  1.50 . At this time, Zurn Elkay's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Zurn Elkay by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Zurn Elkay Water Systematic Risk

Zurn Elkay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zurn Elkay 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Zurn Elkay Water correlated with the market. If Beta is less than 0 Zurn Elkay generally moves in the opposite direction as compared to the market. If Zurn Elkay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zurn Elkay Water is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zurn Elkay is generally in the same direction as the market. If Beta > 1 Zurn Elkay moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Zurn Elkay Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zurn Elkay'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 Zurn Elkay growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.94

At this time, Zurn Elkay's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Zurn Elkay November 30, 2024 Opportunity Range

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

Additional Tools for Zurn Stock Analysis

When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.