Walmart Total Assets vs Other Liab Analysis

0R1W Stock   59.60  33.17  35.76%   
Walmart financial indicator trend analysis is more than just analyzing Walmart current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walmart is a good investment. Please check the relationship between Walmart Total Assets and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.

Total Assets vs Other Liab

Total Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walmart Total Assets account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Walmart's Total Assets and Other Liab is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Total Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Walmart are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Walmart's Total Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Walmart 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 Walmart 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.

Other Liab

Most indicators from Walmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walmart 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.Tax Provision is likely to drop to about 5.9 B in 2024. Selling General Administrative is likely to drop to about 118 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income2.4B2.2B2.5B2.5B
Tax Provision4.9B6.9B7.9B5.9B

Walmart fundamental ratios Correlations

0.860.970.73-0.640.94-0.890.890.940.920.890.990.880.920.490.990.92-0.38-0.850.640.670.890.930.88
0.860.760.49-0.640.73-0.930.990.730.780.920.840.70.810.310.880.71-0.39-0.750.630.60.750.740.7
0.970.760.75-0.690.91-0.820.780.910.880.850.970.860.870.50.960.93-0.24-0.870.590.670.90.920.87
0.730.490.75-0.560.7-0.410.50.70.780.390.650.830.620.00.640.72-0.49-0.730.690.370.810.790.9
-0.64-0.64-0.69-0.56-0.390.57-0.57-0.39-0.62-0.65-0.6-0.64-0.63-0.07-0.62-0.50.030.92-0.74-0.33-0.67-0.58-0.7
0.940.730.910.7-0.39-0.830.81.00.90.770.950.850.850.580.930.94-0.45-0.680.410.640.810.930.82
-0.89-0.93-0.82-0.410.57-0.83-0.94-0.83-0.77-0.96-0.91-0.67-0.86-0.56-0.92-0.840.330.74-0.4-0.7-0.76-0.82-0.66
0.890.990.780.5-0.570.8-0.940.80.80.920.880.720.850.370.910.76-0.46-0.730.610.650.770.780.71
0.940.730.910.7-0.391.0-0.830.80.90.770.950.850.850.580.930.94-0.45-0.680.410.640.810.930.82
0.920.780.880.78-0.620.9-0.770.80.90.760.90.990.810.470.890.82-0.42-0.810.620.370.750.910.96
0.890.920.850.39-0.650.77-0.960.920.770.760.920.690.830.590.940.77-0.13-0.760.520.640.720.750.66
0.990.840.970.65-0.60.95-0.910.880.950.90.920.850.910.591.00.92-0.31-0.810.560.680.850.920.83
0.880.70.860.83-0.640.85-0.670.720.850.990.690.850.760.40.840.77-0.38-0.810.670.30.730.860.98
0.920.810.870.62-0.630.85-0.860.850.850.810.830.910.760.440.920.86-0.54-0.850.620.770.870.910.78
0.490.310.50.0-0.070.58-0.560.370.580.470.590.590.40.440.560.530.17-0.25-0.170.230.20.50.3
0.990.880.960.64-0.620.93-0.920.910.930.890.941.00.840.920.560.91-0.34-0.820.60.690.860.910.83
0.920.710.930.72-0.50.94-0.840.760.940.820.770.920.770.860.530.91-0.41-0.760.380.750.910.960.8
-0.38-0.39-0.24-0.490.03-0.450.33-0.46-0.45-0.42-0.13-0.31-0.38-0.540.17-0.34-0.410.29-0.34-0.42-0.47-0.5-0.42
-0.85-0.75-0.87-0.730.92-0.680.74-0.73-0.68-0.81-0.76-0.81-0.81-0.85-0.25-0.82-0.760.29-0.74-0.54-0.86-0.84-0.87
0.640.630.590.69-0.740.41-0.40.610.410.620.520.560.670.62-0.170.60.38-0.34-0.740.310.630.510.7
0.670.60.670.37-0.330.64-0.70.650.640.370.640.680.30.770.230.690.75-0.42-0.540.310.80.640.35
0.890.750.90.81-0.670.81-0.760.770.810.750.720.850.730.870.20.860.91-0.47-0.860.630.80.90.8
0.930.740.920.79-0.580.93-0.820.780.930.910.750.920.860.910.50.910.96-0.5-0.840.510.640.90.9
0.880.70.870.9-0.70.82-0.660.710.820.960.660.830.980.780.30.830.8-0.42-0.870.70.350.80.9
Click cells to compare fundamentals

Walmart Account Relationship Matchups

Walmart fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets204.5B219.3B236.5B252.5B290.4B244.6B
Short Long Term Debt Total32.8B46.3B48.0B45.0B51.8B46.4B
Total Current Liabilities77.8B92.6B87.4B92.2B106.0B90.0B
Total Stockholder Equity77.9B72.5B74.7B80.9B93.1B84.4B
Retained Earnings83.9B88.8B86.9B83.1B74.8B68.3B
Cash6.5B7.7B9.5B17.7B20.4B10.6B
Other Assets5.4B3.8B4.5B4.7B4.2B5.1B
Long Term Debt26.0B39.7B43.7B41.2B47.4B40.3B
Cash And Short Term Investments6.5B7.7B9.5B17.7B20.4B10.6B
Net Receivables6.3B6.5B8.3B7.9B9.1B7.3B
Good Will18.2B31.2B31.1B29.0B33.3B27.8B
Capital Surpluse2.6B3.0B3.2B3.6B4.2B3.3B
Inventory44.4B44.9B56.5B56.6B65.1B52.4B
Other Stockholder Equity(12.8B)(11.8B)(8.8B)(11.7B)(13.4B)(14.1B)
Total Liab126.7B146.8B161.8B171.6B197.3B160.1B
Total Current Assets61.8B90.1B81.1B75.7B87.0B76.7B
Short Term Debt5.3B5.2B575M224M201.6M191.5M
Common Stock284M282M276M269M242.1M228.5M
Property Plant Equipment127.0B109.8B112.6B119.2B137.1B127.2B
Other Current Liab9.0B15.3B3.4B6.2B7.1B8.0B
Other Liab12.3B14.0B12.4B12.6B14.5B13.8B
Net Tangible Assets38.4B47.0B49.4B44.2B50.9B47.2B
Accounts Payable47.0B49.1B55.3B53.7B61.8B55.5B

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