WDFC Retained Earnings vs Property Plant And Equipment Net 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 Retained Earnings and its Property Plant And Equipment Net 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.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WD 40 Company Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WD 40's Retained Earnings and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of WD 40 Company are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., WD 40's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Profit254.8M274.2M315.2M331.0M
Total Revenue518.8M537.3M590.6M620.1M

WD 40 fundamental ratios Correlations

0.370.530.920.520.580.670.550.960.420.350.62-0.230.610.71-0.60.830.390.80.70.660.830.09-0.26-0.81-0.81
0.370.110.340.580.320.660.210.360.67-0.070.67-0.650.610.51-0.620.550.630.590.460.670.35-0.03-0.54-0.28-0.28
0.530.110.640.240.170.420.350.490.40.220.52-0.040.50.51-0.220.510.280.66-0.120.550.270.160.03-0.64-0.64
0.920.340.640.460.260.60.640.910.470.230.63-0.070.590.65-0.450.660.40.730.420.680.550.06-0.15-0.78-0.78
0.520.580.240.460.50.920.10.630.78-0.40.86-0.840.840.69-0.920.680.930.60.530.850.48-0.61-0.91-0.35-0.35
0.580.320.170.260.50.64-0.180.530.40.170.5-0.610.590.59-0.710.80.40.630.790.450.890.01-0.5-0.45-0.45
0.670.660.420.60.920.640.150.750.82-0.180.96-0.830.870.74-0.950.860.890.80.610.90.62-0.34-0.76-0.63-0.63
0.550.210.350.640.1-0.180.150.52-0.030.530.20.230.040.10.010.340.010.420.220.320.260.20.23-0.54-0.54
0.960.360.490.910.630.530.750.520.440.160.68-0.320.630.72-0.690.810.490.740.680.690.76-0.07-0.37-0.82-0.82
0.420.670.40.470.780.40.82-0.030.44-0.310.89-0.710.890.63-0.720.610.890.710.290.880.3-0.33-0.69-0.32-0.32
0.35-0.070.220.23-0.40.17-0.180.530.16-0.31-0.130.36-0.28-0.20.280.31-0.410.350.27-0.080.410.650.59-0.44-0.44
0.620.670.520.630.860.50.960.20.680.89-0.13-0.760.870.65-0.850.820.920.850.460.950.49-0.28-0.66-0.63-0.63
-0.23-0.65-0.04-0.07-0.84-0.61-0.830.23-0.32-0.710.36-0.76-0.67-0.490.9-0.61-0.85-0.49-0.51-0.65-0.420.470.880.210.21
0.610.610.50.590.840.590.870.040.630.89-0.280.87-0.670.83-0.80.750.820.770.440.90.53-0.27-0.71-0.46-0.46
0.710.510.510.650.690.590.740.10.720.63-0.20.65-0.490.83-0.730.680.570.640.460.680.62-0.23-0.6-0.48-0.48
-0.6-0.62-0.22-0.45-0.92-0.71-0.950.01-0.69-0.720.28-0.850.9-0.8-0.73-0.79-0.85-0.65-0.69-0.77-0.650.420.870.470.47
0.830.550.510.660.680.80.860.340.810.610.310.82-0.610.750.68-0.790.620.940.760.810.880.02-0.47-0.79-0.79
0.390.630.280.40.930.40.890.010.490.89-0.410.92-0.850.820.57-0.850.620.620.370.870.32-0.57-0.84-0.3-0.3
0.80.590.660.730.60.630.80.420.740.710.350.85-0.490.770.64-0.650.940.620.570.870.730.11-0.33-0.79-0.79
0.70.46-0.120.420.530.790.610.220.680.290.270.46-0.510.440.46-0.690.760.370.570.440.89-0.03-0.47-0.48-0.48
0.660.670.550.680.850.450.90.320.690.88-0.080.95-0.650.90.68-0.770.810.870.870.440.5-0.29-0.62-0.6-0.6
0.830.350.270.550.480.890.620.260.760.30.410.49-0.420.530.62-0.650.880.320.730.890.50.12-0.35-0.64-0.64
0.09-0.030.160.06-0.610.01-0.340.2-0.07-0.330.65-0.280.47-0.27-0.230.420.02-0.570.11-0.03-0.290.120.69-0.26-0.26
-0.26-0.540.03-0.15-0.91-0.5-0.760.23-0.37-0.690.59-0.660.88-0.71-0.60.87-0.47-0.84-0.33-0.47-0.62-0.350.690.010.01
-0.81-0.28-0.64-0.78-0.35-0.45-0.63-0.54-0.82-0.32-0.44-0.630.21-0.46-0.480.47-0.79-0.3-0.79-0.48-0.6-0.64-0.260.011.0
-0.81-0.28-0.64-0.78-0.35-0.45-0.63-0.54-0.82-0.32-0.44-0.630.21-0.46-0.480.47-0.79-0.3-0.79-0.48-0.6-0.64-0.260.011.0
Click cells to compare fundamentals

WD 40 Account Relationship Matchups

WD 40 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets362.6M430.2M434.3M438.0M449.0M231.3M
Other Current Liab5.5M45.7M32.1M35.8M45.0M47.2M
Total Current Liabilities60.1M85.9M110.8M88.8M103.5M108.7M
Total Stockholder Equity160.3M200.4M188.6M210.2M230.5M123.6M
Property Plant And Equipment Net68.9M79.0M73.5M74.6M74.6M78.3M
Net Debt64.0M36.8M114.5M80.4M56.1M58.9M
Retained Earnings398.7M430.7M456.1M477.5M499.9M524.9M
Cash56.5M86.0M37.8M48.1M46.7M36.6M
Non Current Assets Total177.5M189.0M184.7M189.4M193.6M105.5M
Non Currrent Assets Other3.7M6.0M9.7M13.5M14.8M15.5M
Cash And Short Term Investments56.5M86.0M37.8M48.1M46.7M44.1M
Net Receivables80.7M89.6M89.9M98.0M117.5M123.4M
Common Stock Shares Outstanding13.7M13.7M13.7M13.6M13.6M12.3M
Liabilities And Stockholders Equity362.6M430.2M434.3M438.0M449.0M231.3M
Inventory41.3M55.8M104.1M86.5M79.1M83.0M
Other Current Assets6.8M9.9M17.8M15.8M12.2M8.2M
Other Stockholder Equity(210.2M)(204.3M)(231.3M)(236.1M)(240.2M)(228.1M)
Total Liab202.3M229.8M245.7M227.8M218.5M229.4M
Property Plant And Equipment Gross68.9M79.0M73.5M74.6M121.1M127.2M
Total Current Assets185.2M241.2M249.6M248.5M255.4M268.2M
Accumulated Other Comprehensive Income(28.2M)(26.0M)(36.2M)(31.2M)(29.3M)(27.8M)
Non Current Liabilities Total142.2M143.9M134.9M138.9M115.0M58.9M
Accounts Payable21.7M33.5M32.9M30.8M36.0M37.8M
Short Long Term Debt Total120.4M122.8M152.3M128.5M102.8M71.8M
Short Term Debt800K2.7M40.9M12.9M11.0M10.4M
Intangible Assets8.6M7.2M5.6M4.7M6.2M5.9M
Other Liab22.6M21.9M21.7M23.4M26.9M28.2M
Other Assets12.4M6.9M10.4M14.7M16.9M17.7M
Long Term Debt113.1M114.9M107.1M109.7M86.0M72.5M
Good Will95.7M95.9M95.2M95.5M97.0M92.1M
Property Plant Equipment60.8M79.0M73.5M74.6M85.8M90.1M
Current Deferred Revenue32.1M3.7M5.0M4.6M4.3M4.1M
Net Tangible Assets55.9M97.3M87.9M110.0M126.5M64.1M
Retained Earnings Total Equity351.3M374.1M398.7M430.7M495.3M258.9M
Capital Surpluse153.5M155.1M157.9M163.7M188.3M164.3M
Deferred Long Term Liab11.1M11.7M11.3M10.4M12.0M11.4M

Also Currently Popular

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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.