White Intangible Assets vs Total Assets Analysis

WTM Stock  USD 2,014  8.98  0.45%   
White Mountains financial indicator trend analysis is more than just analyzing White Mountains Insurance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether White Mountains Insurance is a good investment. Please check the relationship between White Mountains Intangible Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White Mountains Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of White Mountains Insurance Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between White Mountains' Intangible Assets and Total Assets is -0.09. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of White Mountains Insurance, assuming nothing else is changed. The correlation between historical values of White Mountains' Intangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of White Mountains Insurance are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., White Mountains' Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of White Mountains assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in White Mountains Insurance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from White Mountains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into White Mountains Insurance 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 White Mountains Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, White Mountains' Discontinued Operations is very stable compared to the past year. As of the 28th of November 2024, Tax Provision is likely to grow to about 91.2 M, while Sales General And Administrative To Revenue is likely to drop 0.16.
 2021 2022 2023 2024 (projected)
Gross Profit875.5M1.1B2.1B1.7B
Total Revenue944.8M1.2B2.2B1.7B

White Mountains fundamental ratios Correlations

0.760.240.590.080.080.55-0.090.90.07-0.15-0.42-0.16-0.20.780.770.260.41-0.010.670.63-0.50.490.31-0.320.12
0.760.470.550.33-0.240.430.110.770.11-0.18-0.360.04-0.310.440.560.330.170.130.750.54-0.110.370.450.14-0.21
0.240.47-0.030.96-0.65-0.060.220.310.47-0.47-0.080.31-0.26-0.010.1-0.27-0.52-0.160.610.480.230.220.630.48-0.67
0.590.55-0.03-0.07-0.050.23-0.030.58-0.050.03-0.10.430.450.080.780.160.050.360.240.66-0.170.81-0.38-0.06-0.05
0.080.330.96-0.07-0.59-0.310.240.10.35-0.320.160.43-0.09-0.160.06-0.4-0.61-0.080.450.410.370.210.50.52-0.63
0.08-0.24-0.65-0.05-0.59-0.11-0.16-0.29-0.780.780.38-0.380.150.470.210.210.770.18-0.4-0.29-0.28-0.2-0.33-0.660.99
0.550.43-0.060.23-0.31-0.11-0.10.70.29-0.39-0.87-0.31-0.480.470.240.560.43-0.170.50.34-0.540.150.2-0.22-0.02
-0.090.110.22-0.030.24-0.16-0.1-0.06-0.070.050.020.2-0.12-0.16-0.05-0.08-0.050.030.180.070.39-0.020.050.59-0.17
0.90.770.310.580.1-0.290.7-0.060.38-0.46-0.68-0.1-0.290.570.590.280.19-0.080.740.62-0.450.490.36-0.1-0.23
0.070.110.47-0.050.35-0.780.29-0.070.38-0.98-0.450.03-0.14-0.15-0.21-0.41-0.61-0.680.240.25-0.020.240.30.11-0.75
-0.15-0.18-0.470.03-0.320.78-0.390.05-0.46-0.980.55-0.020.220.090.180.30.520.65-0.34-0.30.02-0.24-0.35-0.120.74
-0.42-0.36-0.08-0.10.160.38-0.870.02-0.68-0.450.550.20.49-0.27-0.03-0.39-0.210.18-0.52-0.240.4-0.05-0.28-0.050.3
-0.160.040.310.430.43-0.38-0.310.2-0.10.03-0.020.20.58-0.640.21-0.29-0.510.320.010.510.540.56-0.40.48-0.44
-0.2-0.31-0.260.45-0.090.15-0.48-0.12-0.29-0.140.220.490.58-0.440.2-0.52-0.240.07-0.580.170.180.54-0.84-0.210.09
0.780.44-0.010.08-0.160.470.47-0.160.57-0.150.09-0.27-0.64-0.440.450.330.71-0.160.390.15-0.63-0.020.41-0.580.53
0.770.560.10.780.060.210.24-0.050.59-0.210.18-0.030.210.20.450.240.240.380.440.79-0.430.77-0.1-0.220.21
0.260.33-0.270.16-0.40.210.56-0.080.28-0.410.3-0.39-0.29-0.520.330.240.570.580.320.02-0.39-0.20.150.060.28
0.410.17-0.520.05-0.610.770.43-0.050.19-0.610.52-0.21-0.51-0.240.710.240.570.150.03-0.15-0.41-0.24-0.05-0.520.82
-0.010.13-0.160.36-0.080.18-0.170.03-0.08-0.680.650.180.320.07-0.160.380.580.150.10.09-0.020.06-0.190.380.15
0.670.750.610.240.45-0.40.50.180.740.24-0.34-0.520.01-0.580.390.440.320.030.10.56-0.10.240.710.31-0.37
0.630.540.480.660.41-0.290.340.070.620.25-0.3-0.240.510.170.150.790.02-0.150.090.56-0.20.88-0.010.04-0.29
-0.5-0.110.23-0.170.37-0.28-0.540.39-0.45-0.020.020.40.540.18-0.63-0.43-0.39-0.41-0.02-0.1-0.2-0.170.00.54-0.33
0.490.370.220.810.21-0.20.15-0.020.490.24-0.24-0.050.560.54-0.020.77-0.2-0.240.060.240.88-0.17-0.35-0.1-0.22
0.310.450.63-0.380.5-0.330.20.050.360.3-0.35-0.28-0.4-0.840.41-0.10.15-0.05-0.190.71-0.010.0-0.350.25-0.3
-0.320.140.48-0.060.52-0.66-0.220.59-0.10.11-0.12-0.050.48-0.21-0.58-0.220.06-0.520.380.310.040.54-0.10.25-0.68
0.12-0.21-0.67-0.05-0.630.99-0.02-0.17-0.23-0.750.740.3-0.440.090.530.210.280.820.15-0.37-0.29-0.33-0.22-0.3-0.68
Click cells to compare fundamentals

White Mountains Account Relationship Matchups

White Mountains fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.8B7.0B7.4B8.4B10.0B
Short Long Term Debt Total292.2M734M911.2M580.6M564.6M868.1M
Total Stockholder Equity3.3B3.9B3.5B3.7B4.2B2.8B
Net Debt122.5M165.2M433.7M320.2M442.2M708.9M
Retained Earnings2.7B3.3B3.0B3.2B3.7B2.0B
Common Stock Shares Outstanding3.1M3.1M3.0M2.8M2.5M2.4M
Liabilities And Stockholders Equity4.0B4.8B7.0B7.4B8.4B10.0B
Non Current Liabilities Total283.5M376.4M693M251.1M2.0B1.7B
Other Stockholder Equity495.8M3.9B446.4M3.7B548.7M874.3M
Total Liab838.5M1.0B3.3B3.5B3.8B6.2B
Other Current Liab(102.3M)(471M)(778.2M)(251.1M)(14.1M)(13.4M)
Total Current Liabilities102.3M471M778.2M251.1M67M63.7M
Non Current Assets Total2.7B2.9B3.3B3.3B5.4B3.0B
Non Currrent Assets Other(2.7B)(2.9B)(3.3B)(3.3B)3.9B4.1B
Other Assets797.9M1.5B2.1B3.4B2.9B2.7B
Net Receivables77.5M87M956.3M1.1B1.1B1.3B
Total Current Assets439.7M441.1M1.7B660.7M121.7M115.6M
Short Term Debt8.7M357.6M218.2M5.4M8.2M7.8M
Accounts Payable102.3M113.4M560M251.1M81.1M137.8M
Cash161M211.2M259.3M255M122.4M188.0M
Cash And Short Term Investments362.2M354.1M725.2M1.2B1.6B1.1B
Good Will394.7M525.5M142.3M176.5M168.8M148.4M
Short Term Investments201.2M142.9M465.9M924.1M1.5B1.6B
Accumulated Other Comprehensive Income(7.2M)(400K)1.7M(3.5M)(1.6M)(1.5M)
Common Stock596.3M595.2M588.9M538.6M2.6M2.5M
Intangible Assets260M782.4M340.5M392.4M201.8M196.4M
Other Liab127.5M175.8M1.2B1.5B1.3B1.2B
Long Term Debt283.5M376.4M693M575.2M564.6M556.9M
Net Tangible Assets2.6B3.1B2.5B3.4B3.0B2.7B
Noncontrolling Interest In Consolidated Entity(131.7M)(124.9M)(88.1M)156.6M140.9M229.1M
Retained Earnings Total Equity2.8B2.3B3.3B3.0B3.4B3.1B
Long Term Debt Total283.5M376.4M693M575.2M517.7M396.9M
Capital Surpluse593.1M592.1M585.9M536M482.4M680.8M
Inventory(647.4M)(1.2B)(1.0B)(2.7B)(2.4B)(2.3B)
Long Term Investments2.1B2.9B2.2B2.9B3.5B4.0B

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When determining whether White Mountains Insurance is a strong investment it is important to analyze White Mountains' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact White Mountains' future performance. For an informed investment choice regarding White Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White Mountains Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Property & Casualty Insurance 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 White Mountains. If investors know White 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 White Mountains 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
6.582
Dividend Share
1
Earnings Share
252.49
Revenue Per Share
1.1 K
Quarterly Revenue Growth
0.835
The market value of White Mountains Insurance is measured differently than its book value, which is the value of White that is recorded on the company's balance sheet. Investors also form their own opinion of White Mountains' value that differs from its market value or its book value, called intrinsic value, which is White Mountains' 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 White Mountains' market value can be influenced by many factors that don't directly affect White Mountains' 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 White Mountains' value and its price as these two are different measures arrived at by different means. Investors typically determine if White Mountains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, White Mountains' 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.