Wolverine Dividends Paid vs Capital Expenditures Analysis

WWW Stock  USD 22.35  0.06  0.27%   
Wolverine World financial indicator trend analysis is more than just analyzing Wolverine World Wide current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wolverine World Wide is a good investment. Please check the relationship between Wolverine World Dividends Paid and its Capital Expenditures accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolverine World Wide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wolverine World Wide Dividends Paid account and Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Wolverine World's Dividends Paid and Capital Expenditures is 0.06. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Wolverine World Wide, assuming nothing else is changed. The correlation between historical values of Wolverine World's Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Wolverine World Wide are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Wolverine World's Dividends Paid and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Capital Expenditures

Capital Expenditures are funds used by Wolverine World Wide to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Wolverine World operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Wolverine World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wolverine World Wide 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 Wolverine World Wide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Selling General Administrative is likely to climb to about 826.5 M in 2025, despite the fact that Tax Provision is likely to grow to (81.2 M).
 2022 2023 2024 2025 (projected)
Gross Profit1.1B872.5M1.0B509.3M
Total Revenue2.7B2.2B2.6B1.3B

Wolverine World fundamental ratios Correlations

0.850.530.490.490.590.740.620.420.970.610.420.75-0.370.90.610.31-0.270.90.370.90.740.29-0.190.780.75
0.850.740.73-0.020.750.960.30.140.770.280.140.44-0.580.830.640.65-0.40.990.670.870.390.570.20.480.59
0.530.740.89-0.30.760.770.19-0.130.46-0.23-0.130.08-0.760.360.410.71-0.630.750.790.560.010.680.520.150.53
0.490.730.89-0.350.860.760.24-0.160.36-0.26-0.160.04-0.850.250.470.86-0.750.740.890.64-0.150.930.640.090.55
0.49-0.02-0.3-0.35-0.2-0.170.560.550.580.750.550.690.40.40.08-0.50.30.08-0.450.270.82-0.46-0.760.70.35
0.590.750.760.86-0.20.730.460.060.52-0.020.060.22-0.850.420.450.59-0.770.780.740.620.070.770.460.120.63
0.740.960.770.76-0.170.730.19-0.130.660.2-0.130.38-0.570.720.670.69-0.420.930.670.760.280.630.270.360.47
0.620.30.190.240.560.460.190.480.650.550.480.73-0.410.410.36-0.1-0.510.420.080.470.550.1-0.20.60.76
0.420.14-0.13-0.160.550.06-0.130.480.410.351.00.32-0.070.420.0-0.230.090.2-0.10.370.44-0.26-0.330.510.5
0.970.770.460.360.580.520.660.650.410.650.410.8-0.260.890.520.12-0.20.820.230.760.850.14-0.320.790.7
0.610.28-0.23-0.260.75-0.020.20.550.350.650.350.850.280.670.42-0.350.170.32-0.370.430.82-0.36-0.660.650.26
0.420.14-0.13-0.160.550.06-0.130.481.00.410.350.32-0.070.420.0-0.230.090.2-0.10.370.44-0.26-0.330.510.5
0.750.440.080.040.690.220.380.730.320.80.850.32-0.050.70.46-0.14-0.120.51-0.080.550.81-0.1-0.470.750.59
-0.37-0.58-0.76-0.850.4-0.85-0.57-0.41-0.07-0.260.28-0.07-0.05-0.19-0.33-0.70.85-0.61-0.84-0.510.24-0.75-0.7-0.02-0.65
0.90.830.360.250.40.420.720.410.420.890.670.420.7-0.190.540.18-0.050.840.220.780.750.05-0.280.70.52
0.610.640.410.470.080.450.670.360.00.520.420.00.46-0.330.540.34-0.230.640.180.680.340.38-0.120.60.53
0.310.650.710.86-0.50.590.69-0.1-0.230.12-0.35-0.23-0.14-0.70.180.34-0.510.610.920.59-0.360.870.75-0.060.33
-0.27-0.4-0.63-0.750.3-0.77-0.42-0.510.09-0.20.170.09-0.120.85-0.05-0.23-0.51-0.46-0.66-0.350.21-0.68-0.570.01-0.48
0.90.990.750.740.080.780.930.420.20.820.320.20.51-0.610.840.640.61-0.460.660.90.440.560.170.540.67
0.370.670.790.89-0.450.740.670.08-0.10.23-0.37-0.1-0.08-0.840.220.180.92-0.660.660.56-0.290.840.81-0.090.45
0.90.870.560.640.270.620.760.470.370.760.430.370.55-0.510.780.680.59-0.350.90.560.430.490.080.640.73
0.740.390.01-0.150.820.070.280.550.440.850.820.440.810.240.750.34-0.360.210.44-0.290.43-0.33-0.730.80.41
0.290.570.680.93-0.460.770.630.1-0.260.14-0.36-0.26-0.1-0.750.050.380.87-0.680.560.840.49-0.330.67-0.070.39
-0.190.20.520.64-0.760.460.27-0.2-0.33-0.32-0.66-0.33-0.47-0.7-0.28-0.120.75-0.570.170.810.08-0.730.67-0.590.06
0.780.480.150.090.70.120.360.60.510.790.650.510.75-0.020.70.6-0.060.010.54-0.090.640.8-0.07-0.590.67
0.750.590.530.550.350.630.470.760.50.70.260.50.59-0.650.520.530.33-0.480.670.450.730.410.390.060.67
Click cells to compare fundamentals

Wolverine World Account Relationship Matchups

Wolverine World fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.1B2.6B2.5B2.1B2.4B2.5B
Short Long Term Debt Total886.8M1.1B1.4B1.1B1.3B1.3B
Other Current Liab143M455.2M364M313.7M360.8M378.8M
Total Current Liabilities406M759.6M1.1B869.4M999.8M1.0B
Total Stockholder Equity573M644.4M339M278.6M320.4M475.1M
Property Plant And Equipment Net267.1M267.2M310.9M214.5M246.7M259.0M
Net Debt539.4M961.6M1.2B908.9M1.0B1.1B
Retained Earnings1.1B1.1B907.2M834.8M960.0M565.3M
Cash347.4M161.7M131.5M179M205.9M111.0M
Non Current Assets Total1.2B1.7B1.2B1.0B1.2B1.3B
Non Currrent Assets Other141.4M140.8M126.9M68.9M79.2M90.3M
Cash And Short Term Investments347.4M161.7M131.5M179M205.9M111.0M
Net Receivables268.3M319.6M241.7M230.8M265.4M195.2M
Common Stock Shares Outstanding81M83.3M79.7M79.4M71.5M86.1M
Liabilities And Stockholders Equity2.1B2.6B2.5B2.1B2.4B2.5B
Non Current Liabilities Total1.2B1.2B1.0B893.4M1.0B1.1B
Inventory243.1M365.5M745.2M373.6M429.6M236.8M
Other Current Assets45.4M56.9M211.7M241.7M278.0M291.9M
Other Stockholder Equity(511.7M)(511.3M)(565.9M)(527M)(474.3M)(450.6M)
Total Liab1.6B1.9B2.2B1.8B2.0B2.1B
Property Plant And Equipment Gross267.1M267.2M310.9M469.7M540.2M567.2M
Total Current Assets904.2M903.7M1.3B1.0B1.2B1.2B
Accumulated Other Comprehensive Income(130.6M)(98.9M)(132.9M)(142.2M)(128.0M)(121.6M)
Intangible Assets455.3M792.7M341.4M209M240.4M282.2M
Short Term Debt78M82.3M474.1M349.7M402.2M422.3M
Current Deferred Revenue(178.7M)2M24.5M237.8M214.0M224.7M
Accounts Payable185M222.1M272.2M206M236.9M124.3M
Common Stock110.4M111.6M112.2M113M130.0M79.1M
Common Stock Total Equity108.3M110.4M111.6M112.2M129.0M78.5M
Good Will824.7M556.6M485M427.1M384.4M365.2M
Other Liab341.1M315.6M332.4M166.8M191.8M163.1M
Other Assets141.4M140.8M90.1M1.01.151.09
Long Term Debt712.5M731.8M723M605.8M696.7M495.9M
Treasury Stock(736.2M)(764.3M)(810.2M)(891.3M)(802.2M)(762.1M)
Property Plant Equipment141M124.6M267.2M136.2M156.6M130.2M
Net Tangible Assets(207.3M)(206M)(630.3M)(352.2M)(317.0M)(301.1M)
Noncontrolling Interest In Consolidated Entity11.7M11.6M14.8M18.4M21.2M22.2M
Retained Earnings Total Equity1.3B1.1B1.1B907.2M1.0B1.1B
Long Term Debt Total425.9M712.5M731.8M723M650.7M568.7M

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