Clorox Current Deferred Revenue vs Deferred Long Term Liab Analysis

CLX Stock  USD 156.39  2.01  1.30%   
Clorox financial indicator trend analysis is way more than just evaluating Clorox prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clorox is a good investment. Please check the relationship between Clorox Current Deferred Revenue and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Current Deferred Revenue vs Deferred Long Term Liab

Current Deferred Revenue vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clorox Current Deferred Revenue account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Clorox's Current Deferred Revenue and Deferred Long Term Liab is -0.81. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of The Clorox, assuming nothing else is changed. The correlation between historical values of Clorox's Current Deferred Revenue and Deferred Long Term 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 Current Deferred Revenue of The Clorox are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Current Deferred Revenue i.e., Clorox's Current Deferred Revenue and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Clorox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clorox 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 The Clorox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Clorox's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 24.87 in 2025, whereas Selling General Administrative is likely to drop slightly above 790.9 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit2.9B3.0B3.5B2.1B
Total Revenue7.4B7.1B8.2B4.6B

Clorox fundamental ratios Correlations

0.970.410.770.120.920.940.110.20.990.820.20.89-0.870.830.780.3-0.040.980.350.94-0.080.810.73-0.91-0.9
0.970.380.83-0.050.880.970.160.180.960.730.180.95-0.930.790.690.44-0.140.990.280.930.10.780.61-0.91-0.9
0.410.380.47-0.20.520.44-0.46-0.240.420.33-0.240.41-0.320.310.530.260.490.430.280.360.020.250.26-0.49-0.49
0.770.830.47-0.340.710.810.00.120.740.570.120.83-0.80.560.630.56-0.050.840.190.780.50.590.43-0.83-0.83
0.12-0.05-0.2-0.34-0.03-0.110.410.240.150.210.24-0.190.170.120.1-0.69-0.16-0.07-0.010.03-0.510.360.550.160.16
0.920.880.520.71-0.030.87-0.270.070.920.840.070.83-0.730.80.820.310.320.910.530.86-0.20.590.59-0.88-0.88
0.940.970.440.81-0.110.870.06-0.040.950.7-0.040.95-0.910.770.740.46-0.060.970.320.840.10.770.56-0.92-0.91
0.110.16-0.460.00.41-0.270.060.430.09-0.110.430.09-0.28-0.07-0.32-0.18-0.960.09-0.570.150.260.370.240.120.12
0.20.18-0.240.120.240.07-0.040.430.10.151.00.07-0.160.12-0.14-0.09-0.380.18-0.160.46-0.010.090.27-0.01-0.01
0.990.960.420.740.150.920.950.090.10.830.10.89-0.850.840.810.27-0.020.970.370.9-0.10.830.74-0.9-0.9
0.820.730.330.570.210.840.7-0.110.150.830.150.61-0.530.760.80.070.240.770.350.75-0.340.650.67-0.72-0.72
0.20.18-0.240.120.240.07-0.040.431.00.10.150.07-0.160.12-0.14-0.09-0.380.18-0.160.46-0.010.090.27-0.01-0.01
0.890.950.410.83-0.190.830.950.090.070.890.610.07-0.910.750.650.42-0.130.940.360.840.190.70.56-0.9-0.89
-0.87-0.93-0.32-0.80.17-0.73-0.91-0.28-0.16-0.85-0.53-0.16-0.91-0.61-0.51-0.470.31-0.93-0.1-0.87-0.24-0.65-0.480.840.83
0.830.790.310.560.120.80.77-0.070.120.840.760.120.75-0.610.880.280.110.80.670.76-0.290.820.76-0.88-0.88
0.780.690.530.630.10.820.74-0.32-0.140.810.8-0.140.65-0.510.880.250.40.730.660.66-0.230.740.71-0.87-0.87
0.30.440.260.56-0.690.310.46-0.18-0.090.270.07-0.090.42-0.470.280.250.010.430.050.350.440.17-0.26-0.5-0.5
-0.04-0.140.49-0.05-0.160.32-0.06-0.96-0.38-0.020.24-0.38-0.130.310.110.40.01-0.070.55-0.1-0.41-0.28-0.09-0.11-0.11
0.980.990.430.84-0.070.910.970.090.180.970.770.180.94-0.930.80.730.43-0.070.310.950.050.750.62-0.93-0.93
0.350.280.280.19-0.010.530.32-0.57-0.160.370.35-0.160.36-0.10.670.660.050.550.310.25-0.40.270.45-0.52-0.53
0.940.930.360.780.030.860.840.150.460.90.750.460.84-0.870.760.660.35-0.10.950.250.00.690.65-0.85-0.85
-0.080.10.020.5-0.51-0.20.10.26-0.01-0.1-0.34-0.010.19-0.24-0.29-0.230.44-0.410.05-0.40.0-0.02-0.27-0.03-0.02
0.810.780.250.590.360.590.770.370.090.830.650.090.7-0.650.820.740.17-0.280.750.270.69-0.020.83-0.75-0.75
0.730.610.260.430.550.590.560.240.270.740.670.270.56-0.480.760.71-0.26-0.090.620.450.65-0.270.83-0.63-0.63
-0.91-0.91-0.49-0.830.16-0.88-0.920.12-0.01-0.9-0.72-0.01-0.90.84-0.88-0.87-0.5-0.11-0.93-0.52-0.85-0.03-0.75-0.631.0
-0.9-0.9-0.49-0.830.16-0.88-0.910.12-0.01-0.9-0.72-0.01-0.890.83-0.88-0.87-0.5-0.11-0.93-0.53-0.85-0.02-0.75-0.631.0
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Clorox Account Relationship Matchups

Clorox fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.3B6.2B5.9B5.8B6.6B4.0B
Short Long Term Debt Total3.2B3.1B2.9B2.9B3.3B1.8B
Other Current Liab745M509M638M536M616.4M316.9M
Total Current Liabilities2.1B1.8B1.9B1.6B1.8B1.3B
Total Stockholder Equity411M556M220M328M295.2M491.8M
Property Plant And Equipment Net1.6B1.7B1.7B1.7B2.0B995.6M
Net Debt2.8B2.9B2.6B2.7B3.1B1.6B
Retained Earnings1.0B1.0B583M250M287.5M273.1M
Cash319M183M367M202M232.3M247.6M
Non Current Assets Total4.5B4.4B4.1B4.1B4.7B2.8B
Non Currrent Assets Other378M315M462M269M309.4M241.9M
Cash And Short Term Investments319M183M367M202M232.3M247.6M
Net Receivables604M681M688M695M799.3M495.4M
Common Stock Shares Outstanding127.3M123.9M124.2M124.8M112.3M173.3M
Liabilities And Stockholders Equity6.3B6.2B5.9B5.8B6.6B4.0B
Non Current Liabilities Total3.7B3.6B3.6B3.7B4.2B4.4B
Inventory752M755M696M637M732.6M769.2M
Other Current Assets154M106M77M88M101.2M87.5M
Other Stockholder Equity(210M)(144M)(1M)102M91.8M96.4M
Total Liab5.7B5.4B5.6B5.3B6.0B3.3B
Property Plant And Equipment Gross1.6B1.3B1.7B4.5B5.2B5.4B
Total Current Assets1.8B1.7B1.8B1.6B1.9B1.2B
Accumulated Other Comprehensive Income(546M)(479M)(493M)(155M)(139.5M)(146.5M)
Short Term Debt381M315M137M88M101.2M96.1M
Intangible Assets918M884M712M681M783.2M849.6M
Accounts Payable930M960M1.0B950M1.1B1.1B
Other Liab817M901M857M832M956.8M709.4M
Other Assets1.5B378M315M462M531.3M557.9M
Long Term Debt2.5B2.5B2.5B2.5B2.9B2.0B
Property Plant Equipment1.4B1.6B1.7B1.7B1.9B1.2B
Good Will1.6B1.6B1.3B1.2B1.4B1.3B
Net Tangible Assets(1.6B)(2.1B)(1.9B)(1.7B)(1.6B)(1.5B)
Retained Earnings Total Equity3.6B1.0B1.0B583M670.5M636.9M
Capital Surpluse1.1B1.2B1.2B1.2B1.4B991.1M

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