Willscot Other Current Assets vs Cash Analysis

WSC Stock  USD 38.19  0.33  0.86%   
Willscot Mobile financial indicator trend analysis is more than just analyzing Willscot Mobile Mini current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Willscot Mobile Mini is a good investment. Please check the relationship between Willscot Mobile Other Current Assets and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willscot Mobile Mini. 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.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willscot Mobile Mini Other Current Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Willscot Mobile's Other Current Assets and Cash is 0.6. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Willscot Mobile Mini, assuming nothing else is changed. The correlation between historical values of Willscot Mobile's Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Willscot Mobile Mini are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Willscot Mobile's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of Willscot Mobile Mini, which is listed under current asset account on Willscot Mobile Mini balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Willscot Mobile customers. The amounts must be unrestricted with restricted cash listed in a different Willscot Mobile 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.
Most indicators from Willscot Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Willscot Mobile Mini 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 Willscot Mobile Mini. 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.
At present, Willscot Mobile's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 21.29, whereas Discontinued Operations is projected to grow to (30.5 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.5B1.6B1.7B936.6M
Gross Profit968.2M1.1B1.3B1.4B

Willscot Mobile fundamental ratios Correlations

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Click cells to compare fundamentals

Willscot Mobile Account Relationship Matchups

Willscot Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding108.7M177.3M232.8M221.4M201.8M136.1M
Total Assets2.9B5.6B5.8B5.8B6.1B3.8B
Other Current Liab98.4M141.7M361.4M186.3M175.2M136.8M
Total Current Liabilities320.4M448.7M517.6M561.9M562.0M346.6M
Total Stockholder Equity644.4M2.1B2.0B1.6B1.3B1.2B
Other Liab108.3M344.7M370.6M467.7M537.9M564.8M
Net Tangible Assets282.6M474.1M357.3M134.7M155.0M201.6M
Net Debt1.8B2.7B2.9B3.3B3.8B2.0B
Retained Earnings(1.7B)(1.6B)(1.6B)(1.3B)(775.1M)(813.8M)
Accounts Payable109.9M106.9M102.6M108.1M86.1M91.5M
Cash3.0M24.9M12.7M7.4M11.0M9.6M
Non Current Assets Total2.6B5.2B5.3B5.3B5.6B3.5B
Non Currrent Assets Other4.4M16.1M10.9M274.7M4.6M4.4M
Other Assets1.9B2.9B3.1B3.4B3.9B2.2B
Long Term Debt1.6B2.5B2.7B3.1B3.5B2.2B
Cash And Short Term Investments3.0M24.9M12.7M7.4M11.0M9.6M
Net Receivables247.6M330.9M351.3M409.8M451.1M282.0M
Good Will235.2M1.2B1.2B1.0B1.2B631.6M
Retained Earnings Total Equity(1.7B)(1.6B)(1.6B)(1.3B)(1.1B)(1.2B)
Liabilities And Stockholders Equity2.9B5.6B5.8B5.8B6.1B3.8B
Non Current Liabilities Total1.9B3.0B3.3B3.7B4.3B2.3B
Capital Surpluse2.4B3.8B3.6B2.9B3.3B2.4B
Inventory15.4M21.7M32.7M41.0M47.4M25.0M
Other Current Assets8.9M37.3M95.6M62.9M59.6M35.3M
Other Stockholder Equity2.4B3.9B3.6B2.9B2.1B2.4B
Total Liab2.2B3.4B3.8B4.3B4.9B2.6B
Deferred Long Term Liab2.1M7.9M6.2M2.5M2.3M2.1M
Short Long Term Debt5.3M16.5M18.1M13.3M18.8M11.3M
Total Current Assets292.6M419.5M483.0M521.0M569.1M326.4M
Accumulated Other Comprehensive Income(62.8M)(37.2M)(29.1M)(70.1M)(52.8M)(55.4M)
Short Term Debt29.1M64.6M53.7M63.8M76.2M80.0M
Intangible Assets126.6M495.9M460.7M419.1M419.7M301.0M
Property Plant Equipment294.4M535.7M3.1B3.1B3.5B3.7B
Non Current Liabilities Other34.2M528.5M564.9M637.4M34.0M32.3M
Short Long Term Debt Total1.8B2.7B3.0B3.3B3.8B2.6B

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 Willscot Mobile Mini offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Willscot Mobile'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 Willscot Mobile Mini Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willscot Mobile Mini Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willscot Mobile Mini. 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.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Construction & Engineering 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 Willscot Mobile. If investors know Willscot 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 Willscot Mobile 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
(0.71)
Earnings Share
0.12
Revenue Per Share
12.675
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0592
The market value of Willscot Mobile Mini is measured differently than its book value, which is the value of Willscot that is recorded on the company's balance sheet. Investors also form their own opinion of Willscot Mobile's value that differs from its market value or its book value, called intrinsic value, which is Willscot Mobile'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 Willscot Mobile's market value can be influenced by many factors that don't directly affect Willscot Mobile'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 Willscot Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willscot Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willscot Mobile'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.