WDFC Net Debt vs Common Stock Shares Outstanding Analysis

WDFC Stock

USD 266.54 4.96 1.83%

WD 40 financial indicator trend analysis is more than just analyzing WD 40 Company current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WD 40 Company is a good investment. Please check the relationship between WD 40 Net Debt and its Common Stock Shares Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WD 40 Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WD 40 Company Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between WD 40's Net Debt and Common Stock Shares Outstanding is -0.61. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of WD 40 Company, assuming nothing else is changed. The correlation between historical values of WD 40's Net Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of WD 40 Company are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., WD 40's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from WD 40's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WD 40 Company 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WD 40 Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At present, WD 40's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.4 B, whereas Selling General Administrative is forecasted to decline to about 96.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	254.8M	274.2M	315.2M	331.0M
Total Revenue	518.8M	537.3M	590.6M	620.1M

Gross Profit Total Revenue

WD 40 fundamental ratios Correlations

	Total Assets	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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Total	Accounts Payable	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.37	0.53	0.92	0.52	0.58	0.67	0.55	0.96	0.42	0.35	0.62	-0.23	0.61	0.71	-0.6	0.83	0.39	0.8	0.7	0.66	0.83	0.09	-0.26	-0.81	-0.81
Other Current Liab	0.37		0.11	0.34	0.58	0.32	0.66	0.21	0.36	0.67	-0.07	0.67	-0.65	0.61	0.51	-0.62	0.55	0.63	0.59	0.46	0.67	0.35	-0.03	-0.54	-0.28	-0.28
Total Current Liabilities	0.53	0.11		0.64	0.24	0.17	0.42	0.35	0.49	0.4	0.22	0.52	-0.04	0.5	0.51	-0.22	0.51	0.28	0.66	-0.12	0.55	0.27	0.16	0.03	-0.64	-0.64
Total Stockholder Equity	0.92	0.34	0.64		0.46	0.26	0.6	0.64	0.91	0.47	0.23	0.63	-0.07	0.59	0.65	-0.45	0.66	0.4	0.73	0.42	0.68	0.55	0.06	-0.15	-0.78	-0.78
Property Plant And Equipment Net	0.52	0.58	0.24	0.46		0.5	0.92	0.1	0.63	0.78	-0.4	0.86	-0.84	0.84	0.69	-0.92	0.68	0.93	0.6	0.53	0.85	0.48	-0.61	-0.91	-0.35	-0.35
Net Debt	0.58	0.32	0.17	0.26	0.5		0.64	-0.18	0.53	0.4	0.17	0.5	-0.61	0.59	0.59	-0.71	0.8	0.4	0.63	0.79	0.45	0.89	0.01	-0.5	-0.45	-0.45
Retained Earnings	0.67	0.66	0.42	0.6	0.92	0.64		0.15	0.75	0.82	-0.18	0.96	-0.83	0.87	0.74	-0.95	0.86	0.89	0.8	0.61	0.9	0.62	-0.34	-0.76	-0.63	-0.63
Cash	0.55	0.21	0.35	0.64	0.1	-0.18	0.15		0.52	-0.03	0.53	0.2	0.23	0.04	0.1	0.01	0.34	0.01	0.42	0.22	0.32	0.26	0.2	0.23	-0.54	-0.54
Non Current Assets Total	0.96	0.36	0.49	0.91	0.63	0.53	0.75	0.52		0.44	0.16	0.68	-0.32	0.63	0.72	-0.69	0.81	0.49	0.74	0.68	0.69	0.76	-0.07	-0.37	-0.82	-0.82
Non Currrent Assets Other	0.42	0.67	0.4	0.47	0.78	0.4	0.82	-0.03	0.44		-0.31	0.89	-0.71	0.89	0.63	-0.72	0.61	0.89	0.71	0.29	0.88	0.3	-0.33	-0.69	-0.32	-0.32
Cash And Short Term Investments	0.35	-0.07	0.22	0.23	-0.4	0.17	-0.18	0.53	0.16	-0.31		-0.13	0.36	-0.28	-0.2	0.28	0.31	-0.41	0.35	0.27	-0.08	0.41	0.65	0.59	-0.44	-0.44
Net Receivables	0.62	0.67	0.52	0.63	0.86	0.5	0.96	0.2	0.68	0.89	-0.13		-0.76	0.87	0.65	-0.85	0.82	0.92	0.85	0.46	0.95	0.49	-0.28	-0.66	-0.63	-0.63
Common Stock Shares Outstanding	-0.23	-0.65	-0.04	-0.07	-0.84	-0.61	-0.83	0.23	-0.32	-0.71	0.36	-0.76		-0.67	-0.49	0.9	-0.61	-0.85	-0.49	-0.51	-0.65	-0.42	0.47	0.88	0.21	0.21
Inventory	0.61	0.61	0.5	0.59	0.84	0.59	0.87	0.04	0.63	0.89	-0.28	0.87	-0.67		0.83	-0.8	0.75	0.82	0.77	0.44	0.9	0.53	-0.27	-0.71	-0.46	-0.46
Other Current Assets	0.71	0.51	0.51	0.65	0.69	0.59	0.74	0.1	0.72	0.63	-0.2	0.65	-0.49	0.83		-0.73	0.68	0.57	0.64	0.46	0.68	0.62	-0.23	-0.6	-0.48	-0.48
Other Stockholder Equity	-0.6	-0.62	-0.22	-0.45	-0.92	-0.71	-0.95	0.01	-0.69	-0.72	0.28	-0.85	0.9	-0.8	-0.73		-0.79	-0.85	-0.65	-0.69	-0.77	-0.65	0.42	0.87	0.47	0.47
Total Liab	0.83	0.55	0.51	0.66	0.68	0.8	0.86	0.34	0.81	0.61	0.31	0.82	-0.61	0.75	0.68	-0.79		0.62	0.94	0.76	0.81	0.88	0.02	-0.47	-0.79	-0.79
Property Plant And Equipment Gross	0.39	0.63	0.28	0.4	0.93	0.4	0.89	0.01	0.49	0.89	-0.41	0.92	-0.85	0.82	0.57	-0.85	0.62		0.62	0.37	0.87	0.32	-0.57	-0.84	-0.3	-0.3
Total Current Assets	0.8	0.59	0.66	0.73	0.6	0.63	0.8	0.42	0.74	0.71	0.35	0.85	-0.49	0.77	0.64	-0.65	0.94	0.62		0.57	0.87	0.73	0.11	-0.33	-0.79	-0.79
Non Current Liabilities Total	0.7	0.46	-0.12	0.42	0.53	0.79	0.61	0.22	0.68	0.29	0.27	0.46	-0.51	0.44	0.46	-0.69	0.76	0.37	0.57		0.44	0.89	-0.03	-0.47	-0.48	-0.48
Accounts Payable	0.66	0.67	0.55	0.68	0.85	0.45	0.9	0.32	0.69	0.88	-0.08	0.95	-0.65	0.9	0.68	-0.77	0.81	0.87	0.87	0.44		0.5	-0.29	-0.62	-0.6	-0.6
Short Long Term Debt Total	0.83	0.35	0.27	0.55	0.48	0.89	0.62	0.26	0.76	0.3	0.41	0.49	-0.42	0.53	0.62	-0.65	0.88	0.32	0.73	0.89	0.5		0.12	-0.35	-0.64	-0.64
Short Term Debt	0.09	-0.03	0.16	0.06	-0.61	0.01	-0.34	0.2	-0.07	-0.33	0.65	-0.28	0.47	-0.27	-0.23	0.42	0.02	-0.57	0.11	-0.03	-0.29	0.12		0.69	-0.26	-0.26
Intangible Assets	-0.26	-0.54	0.03	-0.15	-0.91	-0.5	-0.76	0.23	-0.37	-0.69	0.59	-0.66	0.88	-0.71	-0.6	0.87	-0.47	-0.84	-0.33	-0.47	-0.62	-0.35	0.69		0.01	0.01
Common Stock Total Equity	-0.81	-0.28	-0.64	-0.78	-0.35	-0.45	-0.63	-0.54	-0.82	-0.32	-0.44	-0.63	0.21	-0.46	-0.48	0.47	-0.79	-0.3	-0.79	-0.48	-0.6	-0.64	-0.26	0.01		1.0
Common Stock	-0.81	-0.28	-0.64	-0.78	-0.35	-0.45	-0.63	-0.54	-0.82	-0.32	-0.44	-0.63	0.21	-0.46	-0.48	0.47	-0.79	-0.3	-0.79	-0.48	-0.6	-0.64	-0.26	0.01	1.0

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WD 40 Account Relationship Matchups

WD 40 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	362.6M	430.2M	434.3M	438.0M	449.0M	231.3M
Other Current Liab	5.5M	45.7M	32.1M	35.8M	45.0M	47.2M
Total Current Liabilities	60.1M	85.9M	110.8M	88.8M	103.5M	108.7M
Total Stockholder Equity	160.3M	200.4M	188.6M	210.2M	230.5M	123.6M
Property Plant And Equipment Net	68.9M	79.0M	73.5M	74.6M	74.6M	78.3M
Net Debt	64.0M	36.8M	114.5M	80.4M	56.1M	58.9M
Retained Earnings	398.7M	430.7M	456.1M	477.5M	499.9M	524.9M
Cash	56.5M	86.0M	37.8M	48.1M	46.7M	36.6M
Non Current Assets Total	177.5M	189.0M	184.7M	189.4M	193.6M	105.5M
Non Currrent Assets Other	3.7M	6.0M	9.7M	13.5M	14.8M	15.5M
Cash And Short Term Investments	56.5M	86.0M	37.8M	48.1M	46.7M	44.1M
Net Receivables	80.7M	89.6M	89.9M	98.0M	117.5M	123.4M
Common Stock Shares Outstanding	13.7M	13.7M	13.7M	13.6M	13.6M	12.3M
Liabilities And Stockholders Equity	362.6M	430.2M	434.3M	438.0M	449.0M	231.3M
Inventory	41.3M	55.8M	104.1M	86.5M	79.1M	83.0M
Other Current Assets	6.8M	9.9M	17.8M	15.8M	12.2M	8.2M
Other Stockholder Equity	(210.2M)	(204.3M)	(231.3M)	(236.1M)	(240.2M)	(228.1M)
Total Liab	202.3M	229.8M	245.7M	227.8M	218.5M	229.4M
Property Plant And Equipment Gross	68.9M	79.0M	73.5M	74.6M	121.1M	127.2M
Total Current Assets	185.2M	241.2M	249.6M	248.5M	255.4M	268.2M
Accumulated Other Comprehensive Income	(28.2M)	(26.0M)	(36.2M)	(31.2M)	(29.3M)	(27.8M)
Non Current Liabilities Total	142.2M	143.9M	134.9M	138.9M	115.0M	58.9M
Accounts Payable	21.7M	33.5M	32.9M	30.8M	36.0M	37.8M
Short Long Term Debt Total	120.4M	122.8M	152.3M	128.5M	102.8M	71.8M
Short Term Debt	800K	2.7M	40.9M	12.9M	11.0M	10.4M
Intangible Assets	8.6M	7.2M	5.6M	4.7M	6.2M	5.9M
Other Liab	22.6M	21.9M	21.7M	23.4M	26.9M	28.2M
Other Assets	12.4M	6.9M	10.4M	14.7M	16.9M	17.7M
Long Term Debt	113.1M	114.9M	107.1M	109.7M	86.0M	72.5M
Good Will	95.7M	95.9M	95.2M	95.5M	97.0M	92.1M
Property Plant Equipment	60.8M	79.0M	73.5M	74.6M	85.8M	90.1M
Current Deferred Revenue	32.1M	3.7M	5.0M	4.6M	4.3M	4.1M
Net Tangible Assets	55.9M	97.3M	87.9M	110.0M	126.5M	64.1M
Retained Earnings Total Equity	351.3M	374.1M	398.7M	430.7M	495.3M	258.9M
Capital Surpluse	153.5M	155.1M	157.9M	163.7M	188.3M	164.3M
Deferred Long Term Liab	11.1M	11.7M	11.3M	10.4M	12.0M	11.4M

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When determining whether WD 40 Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WD 40's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wd 40 Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wd 40 Company Stock:

How To Invest In WDFC

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Is WDFC Stock a good investment?

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What is WD 40's Net Worth?

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Largest Household Products Companies

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Largest Household & Personal Products Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WD 40 Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Is Household Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WD 40. If investors know WDFC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WD 40 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.016

Dividend Share

3.52

Earnings Share

5.1

Revenue Per Share

43.571

Quarterly Revenue Growth

0.111

The market value of WD 40 Company is measured differently than its book value, which is the value of WDFC that is recorded on the company's balance sheet. Investors also form their own opinion of WD 40's value that differs from its market value or its book value, called intrinsic value, which is WD 40's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WD 40's market value can be influenced by many factors that don't directly affect WD 40's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between WD 40's value and its price as these two are different measures arrived at by different means. Investors typically determine if WD 40 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WD 40's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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WDFC Net Debt vs Common Stock Shares Outstanding Analysis

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock Shares Outstanding

WD 40 fundamental ratios Correlations

WD 40 Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WD 40 fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.96	Total Assets
Net Receivables	+ 0.96	Retained Earnings
Accounts Payable	+ 0.95	Net Receivables
Total Current Assets	+ 0.94	Total Liab
Property Plant And Equipment Gross	+ 0.93	Property Plant And Equipment Net

Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.92	Property Plant And Equipment Net
Intangible Assets	- 0.91	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.85	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.85	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.85	Net Receivables