WDFC Non Currrent Assets Other vs Total Stockholder Equity 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 Non Currrent Assets Other and its Total Stockholder Equity 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.
Non Currrent Assets Other vs Total Stockholder Equity
Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WD 40 Company Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WD 40's Non Currrent Assets Other and Total Stockholder Equity is 0.47. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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 Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of WD 40 Company are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., WD 40's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by 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 |
WD 40 fundamental ratios Correlations
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WD 40 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.