Wolverine World Wide Stock Probability Of Bankruptcy

WWW Stock

USD 23.17 0.16 0.70%

Wolverine World's odds of distress is under 21% at this time. It has slight probability of undergoing some form of financial crunch in the near future. Wolverine World's Odds of financial turmoil is determined by interpolating and adjusting Wolverine Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Wolverine balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Wolverine World Piotroski F Score and Wolverine World Altman Z Score analysis.

Market Cap is likely to drop to about 831 M in 2024. Enterprise Value is likely to drop to about 934.8 M in 2024

Wolverine World Wide Company odds of financial turmoil Analysis

Wolverine World's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Wolverine World Probability Of Bankruptcy

Less than 21%

Most of Wolverine World's fundamental indicators, such as Probability Of Bankruptcy, 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, Wolverine World Wide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Wolverine World probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Wolverine World odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Wolverine World Wide financial health.

Is Textiles, Apparel & Luxury Goods 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 Wolverine World. If investors know Wolverine 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 Wolverine World 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

1.65

Dividend Share

0.4

Earnings Share

(0.87)

Revenue Per Share

22.401

Quarterly Revenue Growth

(0.17)

The market value of Wolverine World Wide is measured differently than its book value, which is the value of Wolverine that is recorded on the company's balance sheet. Investors also form their own opinion of Wolverine World's value that differs from its market value or its book value, called intrinsic value, which is Wolverine World'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 Wolverine World's market value can be influenced by many factors that don't directly affect Wolverine World'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 Wolverine World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolverine World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolverine World'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.

Wolverine Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Wolverine World is extremely important. It helps to project a fair market value of Wolverine Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Wolverine World'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 Wolverine World'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 Wolverine World's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Short Term Debt	Current Deferred Revenue	Accounts Payable	Common Stock	Good Will	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.61	0.61	0.74	0.84	0.79	0.93	0.86	0.09	-0.47	0.88	0.81	0.82	0.39	-0.07	0.54	-0.6	0.12	0.41	-0.08	0.67	-0.27	0.17	-0.09	-0.04	-0.13	-0.22
Total Stockholder Equity	0.61		-0.08	0.61	0.72	0.18	0.48	0.8	-0.39	-0.72	0.74	0.5	0.83	0.34	0.45	0.11	-0.29	-0.12	0.34	-0.53	0.66	-0.66	-0.39	0.34	0.46	0.38	-0.45
Net Debt	0.61	-0.08		0.22	0.44	0.92	0.59	0.4	0.58	0.15	0.4	0.45	0.31	0.13	-0.46	0.56	-0.56	0.21	0.17	0.43	0.36	0.1	0.56	-0.51	-0.54	-0.55	0.45
Retained Earnings	0.74	0.61	0.22		0.74	0.47	0.67	0.58	0.11	-0.26	0.6	0.78	0.57	0.32	-0.36	0.35	-0.38	0.46	0.34	0.13	0.25	0.02	0.21	-0.23	-0.12	-0.28	-0.21
Net Receivables	0.84	0.72	0.44	0.74		0.58	0.73	0.83	-0.08	-0.51	0.75	0.64	0.8	0.52	0.04	0.4	-0.4	0.0	0.54	-0.23	0.75	-0.28	-0.01	-0.06	0.12	-0.01	-0.29
Total Liab	0.79	0.18	0.92	0.47	0.58		0.76	0.57	0.49	0.03	0.6	0.69	0.51	0.22	-0.45	0.59	-0.69	0.36	0.27	0.39	0.41	-0.03	0.45	-0.38	-0.49	-0.49	0.39
Total Current Assets	0.93	0.48	0.59	0.67	0.73	0.76		0.65	0.2	-0.35	0.83	0.8	0.68	0.51	-0.13	0.34	-0.53	0.16	0.53	-0.03	0.53	-0.26	0.25	-0.09	-0.04	-0.12	-0.17
Intangible Assets	0.86	0.8	0.4	0.58	0.83	0.57	0.65		-0.25	-0.71	0.83	0.54	0.92	0.33	0.27	0.52	-0.45	-0.13	0.33	-0.38	0.87	-0.48	-0.18	0.17	0.22	0.17	-0.35
Short Term Debt	0.09	-0.39	0.58	0.11	-0.08	0.49	0.2	-0.25		0.59	-0.06	0.33	-0.19	-0.37	-0.72	0.07	-0.38	0.55	-0.3	0.75	-0.39	0.45	0.91	-0.78	-0.63	-0.84	0.63
Current Deferred Revenue	-0.47	-0.72	0.15	-0.26	-0.51	0.03	-0.35	-0.71	0.59		-0.65	-0.1	-0.73	-0.24	-0.69	-0.01	-0.06	0.46	-0.18	0.78	-0.71	0.54	0.5	-0.51	-0.69	-0.62	0.79
Accounts Payable	0.88	0.74	0.4	0.6	0.75	0.6	0.83	0.83	-0.06	-0.65		0.7	0.86	0.29	0.19	0.32	-0.48	0.01	0.31	-0.23	0.67	-0.57	-0.03	0.03	0.16	0.08	-0.29
Common Stock	0.81	0.5	0.45	0.78	0.64	0.69	0.8	0.54	0.33	-0.1	0.7		0.55	0.16	-0.33	0.45	-0.81	0.4	0.21	0.22	0.23	-0.15	0.35	-0.35	-0.34	-0.42	0.07
Good Will	0.82	0.83	0.31	0.57	0.8	0.51	0.68	0.92	-0.19	-0.73	0.86	0.55		0.29	0.33	0.21	-0.35	-0.13	0.29	-0.42	0.81	-0.56	-0.24	0.25	0.38	0.27	-0.4
Long Term Debt	0.39	0.34	0.13	0.32	0.52	0.22	0.51	0.33	-0.37	-0.24	0.29	0.16	0.29		0.14	0.03	0.11	-0.16	0.99	-0.33	0.51	-0.28	-0.32	0.39	0.27	0.4	-0.26
Treasury Stock	-0.07	0.45	-0.46	-0.36	0.04	-0.45	-0.13	0.27	-0.72	-0.69	0.19	-0.33	0.33	0.14		-0.31	0.26	-0.79	0.08	-0.93	0.52	-0.72	-0.73	0.74	0.85	0.87	-0.63
Property Plant Equipment	0.54	0.11	0.56	0.35	0.4	0.59	0.34	0.52	0.07	-0.01	0.32	0.45	0.21	0.03	-0.31		-0.63	0.23	0.05	0.27	0.31	0.11	0.31	-0.37	-0.53	-0.46	0.17
Net Tangible Assets	-0.6	-0.29	-0.56	-0.38	-0.4	-0.69	-0.53	-0.45	-0.38	-0.06	-0.48	-0.81	-0.35	0.11	0.26	-0.63		-0.23	0.06	-0.26	-0.19	0.14	-0.39	0.41	0.54	0.51	-0.35
Total Permanent Equity	0.12	-0.12	0.21	0.46	0.0	0.36	0.16	-0.13	0.55	0.46	0.01	0.4	-0.13	-0.16	-0.79	0.23	-0.23		-0.09	0.8	-0.47	0.42	0.51	-0.53	-0.62	-0.66	0.51
Long Term Debt Total	0.41	0.34	0.17	0.34	0.54	0.27	0.53	0.33	-0.3	-0.18	0.31	0.21	0.29	0.99	0.08	0.05	0.06	-0.09		-0.26	0.5	-0.29	-0.28	0.34	0.21	0.34	-0.18
Capital Surpluse	-0.08	-0.53	0.43	0.13	-0.23	0.39	-0.03	-0.38	0.75	0.78	-0.23	0.22	-0.42	-0.33	-0.93	0.27	-0.26	0.8	-0.26		-0.6	0.59	0.7	-0.75	-0.88	-0.87	0.79
Deferred Long Term Liab	0.67	0.66	0.36	0.25	0.75	0.41	0.53	0.87	-0.39	-0.71	0.67	0.23	0.81	0.51	0.52	0.31	-0.19	-0.47	0.5	-0.6		-0.61	-0.34	0.32	0.45	0.42	-0.43
Accumulated Depreciation	-0.27	-0.66	0.1	0.02	-0.28	-0.03	-0.26	-0.48	0.45	0.54	-0.57	-0.15	-0.56	-0.28	-0.72	0.11	0.14	0.42	-0.29	0.59	-0.61		0.57	-0.47	-0.53	-0.6	0.25
Short Long Term Debt	0.17	-0.39	0.56	0.21	-0.01	0.45	0.25	-0.18	0.91	0.5	-0.03	0.35	-0.24	-0.32	-0.73	0.31	-0.39	0.51	-0.28	0.7	-0.34	0.57		-0.85	-0.64	-0.9	0.43
Cash And Equivalents	-0.09	0.34	-0.51	-0.23	-0.06	-0.38	-0.09	0.17	-0.78	-0.51	0.03	-0.35	0.25	0.39	0.74	-0.37	0.41	-0.53	0.34	-0.75	0.32	-0.47	-0.85		0.75	0.93	-0.52
Net Invested Capital	-0.04	0.46	-0.54	-0.12	0.12	-0.49	-0.04	0.22	-0.63	-0.69	0.16	-0.34	0.38	0.27	0.85	-0.53	0.54	-0.62	0.21	-0.88	0.45	-0.53	-0.64	0.75		0.87	-0.79
Net Working Capital	-0.13	0.38	-0.55	-0.28	-0.01	-0.49	-0.12	0.17	-0.84	-0.62	0.08	-0.42	0.27	0.4	0.87	-0.46	0.51	-0.66	0.34	-0.87	0.42	-0.6	-0.9	0.93	0.87		-0.63
Capital Stock	-0.22	-0.45	0.45	-0.21	-0.29	0.39	-0.17	-0.35	0.63	0.79	-0.29	0.07	-0.4	-0.26	-0.63	0.17	-0.35	0.51	-0.18	0.79	-0.43	0.25	0.43	-0.52	-0.79	-0.63

Click cells to compare fundamentals

The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Wolverine World

Based on the latest financial disclosure, Wolverine World Wide has a Probability Of Bankruptcy of 21.0%. This is 49.26% lower than that of the Textiles, Apparel & Luxury Goods sector and 18.79% lower than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 47.28% higher than that of the company.

Wolverine Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wolverine World's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wolverine World could also be used in its relative valuation, which is a method of valuing Wolverine World by comparing valuation metrics of similar companies.

Wolverine World is currently under evaluation in probability of bankruptcy category among its peers.

Wolverine World 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, Wolverine World's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wolverine World's managers, analysts, and investors.

Environmental

Governance

Social

Wolverine Fundamentals

	Return On Equity	-0.2
	Return On Asset	-0.0013
	Profit Margin	(0.04) %
	Operating Margin	0.06 %
	Current Valuation	2.56 B
	Shares Outstanding	80.07 M
	Shares Owned By Insiders	1.75 %
	Shares Owned By Institutions	94.87 %
	Number Of Shares Shorted	3.51 M
	Price To Earning	5.76 X
	Price To Book	6.39 X
	Price To Sales	1.03 X
	Revenue	2.24 B
	Gross Profit	1.07 B
	EBITDA	(46.2 M)
	Net Income	(39.2 M)
	Cash And Equivalents	131.5 M
	Cash Per Share	1.73 X
	Total Debt	1.09 B
	Debt To Equity	2.46 %
	Current Ratio	1.17 X
	Book Value Per Share	3.60 X
	Cash Flow From Operations	121.8 M
	Short Ratio	2.84 X
	Earnings Per Share	(0.87) X
	Price To Earnings To Growth	1.72 X
	Target Price	24.11
	Number Of Employees	4.1 K
	Beta	1.8
	Market Capitalization	1.84 B
	Total Asset	2.06 B
	Retained Earnings	834.8 M
	Working Capital	155.7 M
	Current Asset	364.64 M
	Current Liabilities	80.18 M
	Annual Yield	0.02 %
	Five Year Return	1.32 %
	Net Asset	2.06 B
	Last Dividend Paid	0.4

About Wolverine World Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wolverine World Wide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wolverine World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wolverine World Wide 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.

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.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Additional Tools for Wolverine Stock Analysis

When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Wolverine World Wide Stock Probability Of Bankruptcy

Wolverine World Wide Company odds of financial turmoil Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Wolverine World Probability Of Bankruptcy

Wolverine Probability Of Bankruptcy Driver Correlations

Wolverine Probability Of Bankruptcy Peer Comparison

Wolverine World ESG Sustainability

Wolverine Fundamentals

About Wolverine World Fundamental Analysis

Also Currently Popular

Additional Tools for Wolverine Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY