Workday Financials

WDAY Stock  USD 267.75  0.32  0.12%   
Based on the key measurements obtained from Workday's financial statements, Workday may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Workday's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Short and Long Term Debt Total is likely to rise to about 3.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 231.6 M in 2024. Key indicators impacting Workday's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.420.3797
Significantly Up
Pretty Stable
Current Ratio0.941.9662
Way Down
Slightly volatile
Investors should never underestimate Workday's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Workday's cash flow, debt, and profitability to make informed and accurate decisions about investing in Workday.

Net Income

1.45 Billion

  
Understanding current and past Workday Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Workday's financial statements are interrelated, with each one affecting the others. For example, an increase in Workday's assets may result in an increase in income on the income statement.

Workday Earnings Geography

Please note, the imprecision that can be found in Workday's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Workday. Check Workday's Beneish M Score to see the likelihood of Workday's management manipulating its earnings.

Workday Stock Summary

Workday competes with Intuit, Zoom Video, ServiceNow, Snowflake, and Autodesk. Workday, Inc. provides enterprise cloud applications in the United States and internationally. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California. Workday operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 16918 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS98138H1014
CUSIP98138H101
LocationCalifornia; U.S.A
Business Address6110 Stoneridge Mall
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.workday.com
Phone925 951 9000
CurrencyUSD - US Dollar

Workday Key Financial Ratios

Workday Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8B8.7B10.5B13.5B16.5B17.3B
Net Debt838.7M853.9M568.5M1.4B1.3B1.3B
Cash731.1M1.4B1.5B1.9B2.0B2.1B
Other Assets274.1M461.6M682.5M498.0M572.6M601.3M
Total Liab4.3B5.4B6.0B7.9B8.4B8.8B
Other Current Liab378.2M361.3M518.0M732.7M742M779.1M
Other Liab101.0M116.0M95.8M114.8M132.0M127.6M
Retained Earnings(2.6B)(2.9B)(2.7B)(3.1B)(1.7B)(1.8B)
Accounts Payable57.6M75.6M55.5M153.8M78M42.5M
Long Term Debt1.0B691.9M617.4M3.0B3.0B3.1B
Net Receivables877.6M1.0B1.2B1.6B1.6B1.7B
Good Will1.4B1.8B1.8B2.8B2.8B3.0B
Other Current Assets272.5M233.9M327.4M416.7M487M511.4M
Total Current Assets3.1B4.8B5.2B8.1B9.9B10.4B
Short Term Debt310.5M1.3B1.4B182.3M178M169.1M
Intangible Assets308.4M248.6M391.0M305.5M259M153.0M
Common Stock231K242K251K259K297.9K202.9K
Net Tangible Assets358.9M1.5B1.3B2.4B2.8B2.9B
Capital Surpluse4.1B5.1B6.3B7.3B8.4B8.8B

Workday Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense58.7M68.8M16.6M102.4M114M119.7M
Total Revenue3.6B4.3B5.1B6.2B7.3B7.6B
Gross Profit2.6B3.1B3.7B4.5B5.5B5.8B
Operating Income(502.2M)(248.6M)(116.5M)(222.2M)183M192.2M
Ebit(502.2M)(206.3M)(116.5M)(158.4M)183M192.2M
Research Development1.5B1.7B1.9B2.3B2.5B2.6B
Ebitda(226.0M)87.3M227.3M206M465M488.3M
Cost Of Revenue1.1B1.2B1.4B1.7B1.8B1.9B
Income Before Tax(482.4M)(275.1M)16.2M(260.0M)356M373.8M
Net Income(480.7M)(282.4M)29M(366.7M)1.4B1.5B
Income Tax Expense(1.8M)7.3M(13.2M)106.8M(1.0B)(973.8M)
Tax Provision(1.8M)7.3M(13.2M)106.8M(1.0B)(973.8M)
Interest Income41.3M18.8M5.6M97.7M301M316.1M
Net Interest Income(17.4M)(50.0M)(11.0M)(4.6M)187M196.4M

Workday Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Workday. It measures of how well Workday is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Workday brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Workday had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Workday has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory176.1M159.2M207.9M318.6M366.4M384.7M
Change In Cash92.5M653.2M152.8M354.5M129M148.2M
Free Cash Flow620.1M1.0B1.4B1.3B1.9B2.0B
Depreciation276.3M293.7M343.7M364.4M282M163.3M
Other Non Cash Items176.9M238.4M69.0M316.7M162M98.7M
Capital Expenditures244.5M256.3M272.3M360.3M238M161.3M
Net Income(480.7M)(282.4M)29.4M(366.7M)1.4B1.5B
End Period Cash Flow734.7M1.4B1.5B1.9B2.0B2.1B
Investments(136.2M)(997.0M)26.5M(2.5B)(1.8B)(1.7B)
Change Receivables(160.5M)(176.1M)(159.2M)(207.9M)(187.1M)(177.8M)
Net Borrowings(30K)479.0M(37.6M)1.1B1.3B1.4B
Change To Netincome824.5M992.5M1.0B1.4B1.6B1.7B

Workday Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Workday's current stock value. Our valuation model uses many indicators to compare Workday value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Workday competition to find correlations between indicators driving Workday's intrinsic value. More Info.
Workday is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Workday is roughly  14.74 . At this time, Workday's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Workday's earnings, one of the primary drivers of an investment's value.

Workday's Earnings Breakdown by Geography

Workday Systematic Risk

Workday's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Workday volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Workday correlated with the market. If Beta is less than 0 Workday generally moves in the opposite direction as compared to the market. If Workday Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Workday is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Workday is generally in the same direction as the market. If Beta > 1 Workday moves generally in the same direction as, but more than the movement of the benchmark.

Workday Thematic Clasifications

Workday is part of several thematic ideas from Disruptive Technologies to Artificial Intelligence. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Workday Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Workday's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Workday growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(15.19)

At this time, Workday's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Workday November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Workday help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Workday. We use our internally-developed statistical techniques to arrive at the intrinsic value of Workday based on widely used predictive technical indicators. In general, we focus on analyzing Workday Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Workday's daily price indicators and compare them against related drivers.

Additional Tools for Workday Stock Analysis

When running Workday's price analysis, check to measure Workday's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.