0IZI Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

0IZI Stock   1,158  6.98  0.61%   
WW Grainger financial indicator trend analysis is more than just analyzing WW Grainger current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WW Grainger is a good investment. Please check the relationship between WW Grainger Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy 0IZI Stock please use our How to Invest in WW Grainger guide.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WW Grainger Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between WW Grainger's Property Plant And Equipment Net and Common Stock Shares Outstanding is -0.88. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of WW Grainger, assuming nothing else is changed. The correlation between historical values of WW Grainger's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of WW Grainger are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., WW Grainger's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from WW Grainger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WW Grainger 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy 0IZI Stock please use our How to Invest in WW Grainger guide.Selling General Administrative is likely to drop to about 3 B in 2024. Tax Provision is likely to drop to about 319.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit4.7B5.8B6.5B5.0B
Total Revenue13.0B15.2B16.5B12.7B

WW Grainger fundamental ratios Correlations

0.110.83-0.240.960.750.980.940.250.750.590.50.250.98-0.81-0.860.820.98-0.02-0.910.860.97-0.240.680.8-0.07
0.11-0.250.77-0.04-0.510.01-0.020.4-0.4-0.43-0.120.40.11-0.130.21-0.380.210.810.15-0.340.27-0.520.26-0.44-0.83
0.83-0.25-0.50.820.870.820.86-0.10.90.730.58-0.10.81-0.56-0.790.830.77-0.28-0.820.890.720.20.40.850.41
-0.240.77-0.5-0.32-0.76-0.33-0.440.2-0.49-0.51-0.270.2-0.250.320.64-0.71-0.20.730.56-0.68-0.13-0.170.11-0.75-0.54
0.96-0.040.82-0.320.810.980.930.140.780.640.60.140.96-0.83-0.880.850.95-0.11-0.920.880.92-0.250.630.840.01
0.75-0.510.87-0.760.810.810.87-0.10.840.810.49-0.10.77-0.64-0.880.970.7-0.5-0.860.970.650.070.260.980.43
0.980.010.82-0.330.980.810.960.240.730.640.540.240.98-0.86-0.90.880.97-0.13-0.930.90.96-0.30.620.85-0.04
0.94-0.020.86-0.440.930.870.960.090.740.70.470.090.97-0.82-0.910.910.94-0.12-0.920.930.92-0.250.470.88-0.01
0.250.4-0.10.20.14-0.10.240.09-0.15-0.180.051.00.17-0.32-0.170.070.25-0.06-0.170.060.36-0.370.520.06-0.45
0.75-0.40.9-0.490.780.840.730.74-0.150.780.41-0.150.71-0.42-0.720.780.62-0.35-0.770.810.590.340.530.80.46
0.59-0.430.73-0.510.640.810.640.7-0.180.780.24-0.180.62-0.51-0.670.740.5-0.44-0.670.710.480.170.240.70.32
0.5-0.120.58-0.270.60.490.540.470.050.410.240.050.48-0.44-0.510.460.53-0.28-0.510.520.47-0.150.30.530.28
0.250.4-0.10.20.14-0.10.240.091.0-0.15-0.180.050.17-0.32-0.170.070.25-0.06-0.170.060.36-0.370.520.06-0.45
0.980.110.81-0.250.960.770.980.970.170.710.620.480.17-0.84-0.860.830.980.0-0.890.860.97-0.310.590.79-0.1
-0.81-0.13-0.560.32-0.83-0.64-0.86-0.82-0.32-0.42-0.51-0.44-0.32-0.840.87-0.74-0.870.110.87-0.73-0.860.59-0.52-0.690.32
-0.860.21-0.790.64-0.88-0.88-0.9-0.91-0.17-0.72-0.67-0.51-0.17-0.860.87-0.93-0.840.380.99-0.93-0.820.27-0.53-0.93-0.05
0.82-0.380.83-0.710.850.970.880.910.070.780.740.460.070.83-0.74-0.930.78-0.44-0.910.990.75-0.090.350.990.25
0.980.210.77-0.20.950.70.970.940.250.620.50.530.250.98-0.87-0.840.780.08-0.880.820.99-0.390.60.75-0.18
-0.020.81-0.280.73-0.11-0.5-0.13-0.12-0.06-0.35-0.44-0.28-0.060.00.110.38-0.440.080.3-0.390.08-0.29-0.04-0.49-0.62
-0.910.15-0.820.56-0.92-0.86-0.93-0.92-0.17-0.77-0.67-0.51-0.17-0.890.870.99-0.91-0.880.3-0.92-0.860.24-0.61-0.9-0.02
0.86-0.340.89-0.680.880.970.90.930.060.810.710.520.060.86-0.73-0.930.990.82-0.39-0.920.79-0.050.380.990.28
0.970.270.72-0.130.920.650.960.920.360.590.480.470.360.97-0.86-0.820.750.990.08-0.860.79-0.410.650.72-0.25
-0.24-0.520.2-0.17-0.250.07-0.3-0.25-0.370.340.17-0.15-0.37-0.310.590.27-0.09-0.39-0.290.24-0.05-0.41-0.22-0.010.77
0.680.260.40.110.630.260.620.470.520.530.240.30.520.59-0.52-0.530.350.6-0.04-0.610.380.65-0.220.35-0.26
0.8-0.440.85-0.750.840.980.850.880.060.80.70.530.060.79-0.69-0.930.990.75-0.49-0.90.990.72-0.010.350.35
-0.07-0.830.41-0.540.010.43-0.04-0.01-0.450.460.320.28-0.45-0.10.32-0.050.25-0.18-0.62-0.020.28-0.250.77-0.260.35
Click cells to compare fundamentals

WW Grainger Account Relationship Matchups

WW Grainger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.3B6.6B7.6B8.1B6.7B
Other Current Liab361M513M319M756M676M533.7M
Total Current Liabilities1.7B1.4B1.5B2.0B1.8B1.7B
Total Stockholder Equity1.9B1.8B1.9B2.4B3.1B1.9B
Property Plant And Equipment Net1.6B1.6B1.8B1.8B2.1B1.7B
Net Debt2.1B2.0B2.5B2.4B2.1B1.7B
Retained Earnings8.4B8.8B9.5B10.7B12.2B8.8B
Accounts Payable719M779M816M1.0B954M774.7M
Cash360M585M241M325M660M431.7M
Non Current Assets Total2.5B2.4B2.6B2.6B2.9B2.7B
Non Currrent Assets Other83M117M141M180M182M191.1M
Other Assets317M131M141M180M207M149.0M
Cash And Short Term Investments360M585M241M325M660M431.7M
Net Receivables1.4B1.5B1.8B2.1B2.2B1.6B
Good Will429M391M384M371M370M373.2M
Common Stock Shares Outstanding54.9M53.7M52.2M51.1M50.1M47.6M
Non Current Liabilities Total2.3B2.8B2.9B2.8B2.9B2.2B
Inventory1.7B1.7B1.9B2.3B2.3B1.8B
Other Current Assets22M127M146M266M156M107.2M
Other Stockholder Equity(6.5B)(6.9B)(7.6B)(8.1B)(8.9B)(9.4B)
Total Liab3.9B4.2B4.4B4.9B4.7B3.9B
Total Current Assets3.6B3.9B4.0B5.0B5.3B4.0B
Intangible Assets304M228M238M232M234M347.9M
Short Long Term Debt Total2.4B2.6B2.8B2.7B2.8B2.3B
Liabilities And Stockholders Equity6.0B6.3B6.6B7.6B8.1B6.8B
Accumulated Other Comprehensive Income(154M)(61M)(96M)(180M)(172M)(180.6M)
Short Term Debt544M65M319M103M105M99.8M
Current Deferred Revenue27M42M37M52M48M35.0M
Other Liab353M210M208M207M186.3M185.1M
Net Tangible Assets1.1B1.2B1.3B1.8B2.1B1.3B
Long Term Debt2.1B1.9B2.4B2.4B2.7B2.4B
Property Plant Equipment1.4B1.6B1.8B1.8B2.1B1.7B

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.

Additional Tools for 0IZI Stock Analysis

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