Sherwin Williams Co Stock Current Ratio

SHW Stock  USD 393.96  2.18  0.55%   
Sherwin Williams Co fundamentals help investors to digest information that contributes to Sherwin Williams' financial success or failures. It also enables traders to predict the movement of Sherwin Stock. The fundamental analysis module provides a way to measure Sherwin Williams' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sherwin Williams stock.
Last ReportedProjected for Next Year
Current Ratio 0.83  1.54 
Current Ratio is likely to climb to 1.54 in 2024.
  
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Sherwin Williams Co Company Current Ratio Analysis

Sherwin Williams' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Sherwin Williams Current Ratio

    
  1.00 X  
Most of Sherwin Williams' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sherwin Williams Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sherwin Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Sherwin Williams is extremely important. It helps to project a fair market value of Sherwin Stock properly, considering its historical fundamentals such as Current Ratio. Since Sherwin Williams' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sherwin Williams' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sherwin Williams' interrelated accounts and indicators.
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Sherwin Current Ratio Historical Pattern

Today, most investors in Sherwin Williams Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sherwin Williams' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sherwin Williams current ratio as a starting point in their analysis.
   Sherwin Williams Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Sherwin Discontinued Operations

Discontinued Operations

(39.31 Million)

Sherwin Williams reported Discontinued Operations of (37.44 Million) in 2023
In accordance with the recently published financial statements, Sherwin Williams Co has a Current Ratio of 1.0 times. This is 73.89% lower than that of the Chemicals sector and 73.54% lower than that of the Materials industry. The current ratio for all United States stocks is 53.7% higher than that of the company.

Sherwin Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sherwin Williams' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sherwin Williams could also be used in its relative valuation, which is a method of valuing Sherwin Williams by comparing valuation metrics of similar companies.
Sherwin Williams is currently under evaluation in current ratio category among its peers.

Sherwin Williams Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sherwin Williams from analyzing Sherwin Williams' financial statements. These drivers represent accounts that assess Sherwin Williams' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sherwin Williams' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap38.1B36.6B53.6B66.5B59.8B62.8B
Enterprise Value48.4B45.8B63.8B76.3B68.7B72.1B

Sherwin Williams ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sherwin Williams' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sherwin Williams' managers, analysts, and investors.
Environmental
Governance
Social

Sherwin Fundamentals

About Sherwin Williams Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sherwin Williams Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sherwin Williams using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sherwin Williams Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Sherwin Stock Analysis

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