Costco Cash vs Non Current Assets Total Analysis

COST Stock

USD 1,072 0.00 0.00%

Costco Wholesale financial indicator trend analysis is way more than just evaluating Costco Wholesale Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Costco Wholesale Corp is a good investment. Please check the relationship between Costco Wholesale Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Costco Wholesale Corp Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Costco Wholesale's Cash and Non Current Assets Total is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Costco Wholesale Corp, assuming nothing else is changed. The correlation between historical values of Costco Wholesale's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Costco Wholesale Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Costco Wholesale's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Costco Wholesale Corp, which is listed under current asset account on Costco Wholesale Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Costco Wholesale customers. The amounts must be unrestricted with restricted cash listed in a different Costco Wholesale account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Costco Wholesale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Costco Wholesale Corp 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 Costco Wholesale Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Tax Provision is likely to drop to about 1.8 B in 2025. Selling General Administrative is likely to drop to about 19.2 B in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	29.7B	32.1B	36.9B	38.8B
Total Revenue	242.3B	254.5B	292.6B	307.3B

Gross Profit Total Revenue

Costco Wholesale fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.89	0.83	1.0	0.98	1.0	-0.52	0.97	0.92	1.0	0.89	0.93	0.97	0.65	0.94	0.99	-0.19	0.96	1.0	1.0	-0.24	0.61	1.0	0.26	0.1	0.54
Short Long Term Debt Total	0.89		0.61	0.87	0.82	0.89	-0.33	0.79	0.91	0.88	0.69	0.91	0.8	0.65	0.97	0.85	-0.35	0.89	0.91	0.89	-0.17	0.61	0.87	0.24	0.4	0.68
Other Current Liab	0.83	0.61		0.83	0.84	0.82	-0.46	0.85	0.7	0.82	0.74	0.71	0.84	0.47	0.71	0.85	0.17	0.75	0.81	0.83	0.1	0.43	0.84	0.27	-0.26	0.24
Total Current Liabilities	1.0	0.87	0.83		0.98	0.99	-0.5	0.97	0.9	1.0	0.9	0.91	0.98	0.62	0.92	0.99	-0.22	0.95	1.0	0.99	-0.27	0.58	1.0	0.23	0.1	0.52
Total Stockholder Equity	0.98	0.82	0.84	0.98		0.98	-0.6	0.99	0.9	0.98	0.87	0.92	0.96	0.66	0.88	0.97	-0.09	0.94	0.97	0.98	-0.2	0.62	0.97	0.32	0.0	0.48
Property Plant And Equipment Net	1.0	0.89	0.82	0.99	0.98		-0.48	0.96	0.91	1.0	0.89	0.92	0.97	0.67	0.94	0.99	-0.21	0.97	1.0	0.99	-0.26	0.63	0.99	0.27	0.13	0.53
Net Debt	-0.52	-0.33	-0.46	-0.5	-0.6	-0.48		-0.64	-0.69	-0.48	-0.39	-0.67	-0.41	-0.14	-0.38	-0.45	-0.21	-0.36	-0.48	-0.56	0.07	-0.09	-0.5	-0.01	0.1	-0.51
Retained Earnings	0.97	0.79	0.85	0.97	0.99	0.96	-0.64		0.9	0.97	0.88	0.91	0.95	0.57	0.85	0.96	-0.12	0.9	0.96	0.97	-0.23	0.53	0.96	0.25	-0.06	0.49
Cash	0.92	0.91	0.7	0.9	0.9	0.91	-0.69	0.9		0.9	0.73	1.0	0.81	0.55	0.92	0.86	-0.17	0.85	0.92	0.94	-0.16	0.51	0.9	0.19	0.23	0.73
Non Current Assets Total	1.0	0.88	0.82	1.0	0.98	1.0	-0.48	0.97	0.9		0.9	0.91	0.98	0.64	0.93	0.99	-0.21	0.96	1.0	0.99	-0.27	0.6	0.99	0.25	0.11	0.51
Non Currrent Assets Other	0.89	0.69	0.74	0.9	0.87	0.89	-0.39	0.88	0.73	0.9		0.72	0.92	0.39	0.78	0.9	-0.3	0.81	0.89	0.86	-0.36	0.35	0.9	0.02	0.01	0.29
Cash And Short Term Investments	0.93	0.91	0.71	0.91	0.92	0.92	-0.67	0.91	1.0	0.91	0.72		0.83	0.62	0.92	0.88	-0.14	0.88	0.93	0.95	-0.12	0.57	0.91	0.27	0.21	0.69
Net Receivables	0.97	0.8	0.84	0.98	0.96	0.97	-0.41	0.95	0.81	0.98	0.92	0.83		0.64	0.87	0.99	-0.19	0.95	0.97	0.96	-0.25	0.61	0.98	0.3	0.02	0.37
Common Stock Shares Outstanding	0.65	0.65	0.47	0.62	0.66	0.67	-0.14	0.57	0.55	0.64	0.39	0.62	0.64		0.63	0.64	0.12	0.81	0.63	0.65	0.1	0.97	0.62	0.8	0.16	0.24
Non Current Liabilities Total	0.94	0.97	0.71	0.92	0.88	0.94	-0.38	0.85	0.92	0.93	0.78	0.92	0.87	0.63		0.91	-0.28	0.91	0.95	0.94	-0.2	0.59	0.93	0.21	0.29	0.63
Inventory	0.99	0.85	0.85	0.99	0.97	0.99	-0.45	0.96	0.86	0.99	0.9	0.88	0.99	0.64	0.91		-0.19	0.95	0.99	0.98	-0.25	0.61	0.99	0.26	0.04	0.47
Other Current Assets	-0.19	-0.35	0.17	-0.22	-0.09	-0.21	-0.21	-0.12	-0.17	-0.21	-0.3	-0.14	-0.19	0.12	-0.28	-0.19		-0.16	-0.24	-0.17	0.67	0.14	-0.19	0.32	-0.3	-0.31
Other Stockholder Equity	0.96	0.89	0.75	0.95	0.94	0.97	-0.36	0.9	0.85	0.96	0.81	0.88	0.95	0.81	0.91	0.95	-0.16		0.95	0.95	-0.18	0.79	0.94	0.44	0.21	0.45
Total Liab	1.0	0.91	0.81	1.0	0.97	1.0	-0.48	0.96	0.92	1.0	0.89	0.93	0.97	0.63	0.95	0.99	-0.24	0.95		0.99	-0.25	0.59	1.0	0.23	0.15	0.56
Total Current Assets	1.0	0.89	0.83	0.99	0.98	0.99	-0.56	0.97	0.94	0.99	0.86	0.95	0.96	0.65	0.94	0.98	-0.17	0.95	0.99		-0.21	0.6	0.99	0.27	0.1	0.56
Short Term Debt	-0.24	-0.17	0.1	-0.27	-0.2	-0.26	0.07	-0.23	-0.16	-0.27	-0.36	-0.12	-0.25	0.1	-0.2	-0.25	0.67	-0.18	-0.25	-0.21		0.12	-0.26	0.39	-0.23	-0.28
Intangible Assets	0.61	0.61	0.43	0.58	0.62	0.63	-0.09	0.53	0.51	0.6	0.35	0.57	0.61	0.97	0.59	0.61	0.14	0.79	0.59	0.6	0.12		0.58	0.79	0.19	0.17
Accounts Payable	1.0	0.87	0.84	1.0	0.97	0.99	-0.5	0.96	0.9	0.99	0.9	0.91	0.98	0.62	0.93	0.99	-0.19	0.94	1.0	0.99	-0.26	0.58		0.22	0.1	0.51
Short Term Investments	0.26	0.24	0.27	0.23	0.32	0.27	-0.01	0.25	0.19	0.25	0.02	0.27	0.3	0.8	0.21	0.26	0.32	0.44	0.23	0.27	0.39	0.79	0.22		-0.17	-0.14
Common Stock	0.1	0.4	-0.26	0.1	0.0	0.13	0.1	-0.06	0.23	0.11	0.01	0.21	0.02	0.16	0.29	0.04	-0.3	0.21	0.15	0.1	-0.23	0.19	0.1	-0.17		0.45
Current Deferred Revenue	0.54	0.68	0.24	0.52	0.48	0.53	-0.51	0.49	0.73	0.51	0.29	0.69	0.37	0.24	0.63	0.47	-0.31	0.45	0.56	0.56	-0.28	0.17	0.51	-0.14	0.45

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Costco Wholesale Account Relationship Matchups

Costco Wholesale fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	59.3B	64.2B	69.0B	69.8B	80.3B	84.3B
Short Long Term Debt Total	10.1B	9.0B	8.9B	8.3B	9.5B	10.0B
Other Current Liab	12.4B	14.1B	15.0B	15.9B	18.3B	19.2B
Total Current Liabilities	29.4B	32.0B	33.6B	35.5B	40.8B	42.8B
Total Stockholder Equity	17.6B	20.6B	25.1B	23.6B	27.2B	28.5B
Property Plant And Equipment Net	27.4B	29.0B	30.7B	31.6B	36.4B	38.2B
Net Debt	(1.1B)	(1.2B)	(4.8B)	(1.6B)	(1.5B)	(1.4B)
Retained Earnings	11.7B	15.6B	19.5B	17.6B	20.3B	21.3B
Cash	11.3B	10.2B	13.7B	9.9B	11.4B	12.0B
Non Current Assets Total	29.8B	31.5B	33.1B	35.6B	40.9B	43.0B
Non Currrent Assets Other	1.4B	1.4B	1.4B	2.9B	3.4B	3.6B
Cash And Short Term Investments	12.2B	11.0B	15.2B	11.1B	12.8B	13.5B
Net Receivables	1.8B	2.2B	2.3B	2.7B	3.1B	3.3B
Common Stock Shares Outstanding	444.3M	444.8M	444.5M	444.8M	511.5M	443.4M
Liabilities And Stockholders Equity	59.3B	64.2B	69.0B	69.8B	80.3B	84.3B
Non Current Liabilities Total	11.7B	11.5B	10.4B	10.7B	12.4B	13.0B
Inventory	14.2B	17.9B	16.7B	18.6B	21.4B	22.5B
Other Current Assets	1.3B	1.5B	1.7B	1.7B	2.0B	1.3B
Other Stockholder Equity	7.0B	6.9B	7.3B	7.8B	9.0B	9.5B
Total Liab	41.2B	43.5B	43.9B	46.2B	53.1B	55.8B
Total Current Assets	29.5B	32.7B	35.9B	34.2B	39.4B	41.4B
Accumulated Other Comprehensive Income	(1.1B)	(1.8B)	(1.8B)	(1.8B)	(1.6B)	(1.6B)
Short Term Debt	799M	73M	1.1B	103M	118.5M	112.5M
Accounts Payable	16.3B	17.8B	17.5B	19.4B	22.3B	23.5B
Short Term Investments	917M	846M	1.5B	1.2B	1.4B	1.0B
Current Deferred Revenue	7.8B	8.5B	8.8B	2.5B	2.9B	2.5B
Good Will	988M	996M	993M	994M	1.1B	1.2B
Other Assets	978M	1.1B	4.1B	1.4B	1.6B	1.6B
Long Term Debt	6.7B	6.5B	5.4B	5.8B	5.2B	5.0B
Long Term Debt Total	8.2B	7.7B	6.5B	6.7B	7.7B	7.5B
Capital Surpluse	6.7B	7.0B	6.9B	7.3B	8.4B	7.3B
Cash And Equivalents	12.3B	11.3B	10.2B	13.7B	15.8B	10.4B
Property Plant Equipment	25.2B	27.4B	27.4B	30.7B	35.3B	26.6B
Other Liab	1.3B	1.4B	2.6B	1.2B	1.4B	1.6B
Net Tangible Assets	17.3B	16.6B	20.6B	24.1B	27.7B	19.5B
Net Invested Capital	25.1B	27.2B	31.5B	29.5B	33.9B	28.4B
Non Current Liabilities Other	2.4B	2.6B	2.6B	2.6B	3.0B	2.3B
Net Working Capital	64M	698M	2.3B	(1.2B)	(1.1B)	(1.0B)
Short Long Term Debt	799M	73M	1.1B	103M	92.7M	88.1M

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