Wpp Plc Adr Stock Current Ratio
WPP Stock | USD 51.48 0.07 0.14% |
WPP PLC ADR fundamentals help investors to digest information that contributes to WPP PLC's financial success or failures. It also enables traders to predict the movement of WPP Stock. The fundamental analysis module provides a way to measure WPP PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WPP PLC stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 0.86 | 0.71 |
WPP | Current Ratio |
WPP PLC ADR Company Current Ratio Analysis
WPP PLC's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current WPP PLC Current Ratio | 0.91 X |
Most of WPP PLC's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WPP PLC ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WPP Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for WPP PLC is extremely important. It helps to project a fair market value of WPP Stock properly, considering its historical fundamentals such as Current Ratio. Since WPP PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WPP PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WPP PLC's interrelated accounts and indicators.
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WPP Current Ratio Historical Pattern
Today, most investors in WPP PLC Stock are looking for potential investment opportunities by analyzing not only static indicators but also various WPP PLC's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of WPP PLC current ratio as a starting point in their analysis.
WPP PLC Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
WPP Discontinued Operations
Discontinued Operations |
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In accordance with the recently published financial statements, WPP PLC ADR has a Current Ratio of 0.91 times. This is 9.0% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The current ratio for all United States stocks is 57.87% higher than that of the company.
WPP Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WPP PLC's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WPP PLC could also be used in its relative valuation, which is a method of valuing WPP PLC by comparing valuation metrics of similar companies.WPP PLC is currently under evaluation in current ratio category among its peers.
WPP PLC ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, WPP PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to WPP PLC's managers, analysts, and investors.Environmental | Governance | Social |
WPP Fundamentals
Return On Equity | 0.0733 | ||||
Return On Asset | 0.0153 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 17.96 B | ||||
Shares Outstanding | 215.61 M | ||||
Shares Owned By Institutions | 10.56 % | ||||
Number Of Shares Shorted | 195.21 K | ||||
Price To Earning | 16.11 X | ||||
Price To Book | 2.50 X | ||||
Price To Sales | 0.75 X | ||||
Revenue | 14.84 B | ||||
Gross Profit | 2.54 B | ||||
EBITDA | 1.91 B | ||||
Net Income | 110.4 M | ||||
Cash And Equivalents | 2.49 B | ||||
Cash Per Share | 7.96 X | ||||
Total Debt | 6.88 B | ||||
Debt To Equity | 1.65 % | ||||
Current Ratio | 0.91 X | ||||
Book Value Per Share | 3.25 X | ||||
Cash Flow From Operations | 1.24 B | ||||
Short Ratio | 1.98 X | ||||
Earnings Per Share | 1.18 X | ||||
Price To Earnings To Growth | 2.61 X | ||||
Target Price | 45.5 | ||||
Number Of Employees | 111 K | ||||
Beta | 1.1 | ||||
Market Capitalization | 11.15 B | ||||
Total Asset | 26.62 B | ||||
Retained Earnings | 3.49 B | ||||
Working Capital | (2.31 B) | ||||
Current Asset | 73.54 M | ||||
Current Liabilities | 72.93 M | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 4.75 % | ||||
Net Asset | 26.62 B | ||||
Last Dividend Paid | 0.39 |
About WPP PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WPP PLC ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WPP PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WPP PLC ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with WPP PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WPP PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WPP PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with WPP Stock
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Moving against WPP Stock
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The ability to find closely correlated positions to WPP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WPP PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WPP PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WPP PLC ADR to buy it.
The correlation of WPP PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WPP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WPP PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WPP PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for WPP Stock Analysis
When running WPP PLC's price analysis, check to measure WPP PLC'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 WPP PLC is operating at the current time. Most of WPP PLC's value examination focuses on studying past and present price action to predict the probability of WPP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPP PLC's price. Additionally, you may evaluate how the addition of WPP PLC to your portfolios can decrease your overall portfolio volatility.