Zurn Elkay Water Stock Current Asset
| ZWS Stock | USD 39.35 0.54 1.39% |
Zurn Elkay Water fundamentals help investors to digest information that contributes to Zurn Elkay's financial success or failures. It also enables traders to predict the movement of Zurn Stock. The fundamental analysis module provides a way to measure Zurn Elkay'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 Zurn Elkay stock.
Other Current Assets is likely to gain to about 43.1 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.2 B in 2024. Zurn | Current Asset |
Zurn Elkay Water Company Current Asset Analysis
Zurn Elkay's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Zurn Current Asset Historical Pattern
Today, most investors in Zurn Elkay Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zurn Elkay'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 asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Zurn Elkay current asset as a starting point in their analysis.
Zurn Elkay Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Zurn Total Assets
Total Assets |
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In accordance with the recently published financial statements, Zurn Elkay Water has a Current Asset of 0.0. This is 100.0% lower than that of the Building Products sector and 100.0% lower than that of the Industrials industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Zurn Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zurn Elkay's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics of similar companies.Zurn Elkay is currently under evaluation in current asset category among its peers.
Zurn Elkay 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, Zurn Elkay's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zurn Elkay's managers, analysts, and investors.Environmental | Governance | Social |
Zurn Fundamentals
| Return On Equity | 0.0852 | ||||
| Return On Asset | 0.0567 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 6.95 B | ||||
| Shares Outstanding | 169.71 M | ||||
| Shares Owned By Insiders | 2.47 % | ||||
| Shares Owned By Institutions | 94.09 % | ||||
| Number Of Shares Shorted | 7.81 M | ||||
| Price To Earning | 12.48 X | ||||
| Price To Book | 4.15 X | ||||
| Price To Sales | 4.26 X | ||||
| Revenue | 1.53 B | ||||
| Gross Profit | 465.5 M | ||||
| EBITDA | 306 M | ||||
| Net Income | 104.2 M | ||||
| Cash And Equivalents | 124.8 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 543.2 M | ||||
| Debt To Equity | 0.37 % | ||||
| Current Ratio | 2.43 X | ||||
| Book Value Per Share | 9.34 X | ||||
| Cash Flow From Operations | 253.9 M | ||||
| Short Ratio | 6.66 X | ||||
| Earnings Per Share | 0.78 X | ||||
| Price To Earnings To Growth | 1.96 X | ||||
| Target Price | 38.71 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 6.62 B | ||||
| Total Asset | 2.67 B | ||||
| Retained Earnings | (1.18 B) | ||||
| Working Capital | 446.9 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 2.67 B | ||||
| Last Dividend Paid | 0.32 |
About Zurn Elkay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zurn Elkay Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zurn Elkay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zurn Elkay Water 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.
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Additional Tools for Zurn Stock Analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.