Church Good Will vs Total Current Assets Analysis

CHD Stock  USD 113.02  0.77  0.69%   
Church Dwight financial indicator trend analysis is way more than just evaluating Church Dwight prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Church Dwight is a good investment. Please check the relationship between Church Dwight Good Will and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Church Dwight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Church Stock refer to our How to Trade Church Stock guide.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Church Dwight Good Will account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Church Dwight's Good Will and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Church Dwight, assuming nothing else is changed. The correlation between historical values of Church Dwight's Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Church Dwight are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Church Dwight's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Church Dwight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Church Dwight 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 Church Dwight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Church Stock refer to our How to Trade Church Stock guide.At present, Church Dwight's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.3B2.6B2.7B
Total Revenue5.2B5.4B5.9B6.2B

Church Dwight fundamental ratios Correlations

0.960.540.880.960.830.930.990.251.0-0.20.250.94-0.150.960.980.68-0.910.990.840.920.320.980.980.90.9
0.960.480.870.850.720.990.950.120.97-0.340.120.84-0.350.980.930.59-0.960.990.760.810.370.970.940.910.91
0.540.480.40.550.560.450.490.30.54-0.080.30.610.230.540.430.37-0.40.520.320.530.110.470.430.560.56
0.880.870.40.810.660.850.880.170.89-0.340.170.79-0.230.790.840.57-0.870.90.710.760.710.890.90.820.82
0.960.850.550.810.910.810.950.40.95-0.010.40.980.070.880.960.73-0.80.90.880.970.210.910.930.820.82
0.830.720.560.660.910.660.830.540.80.230.540.950.220.740.830.61-0.660.750.880.930.070.740.760.730.73
0.930.990.450.850.810.660.940.00.95-0.390.00.78-0.430.970.910.53-0.970.980.730.740.360.960.940.910.91
0.990.950.490.880.950.830.940.170.99-0.190.170.92-0.220.950.990.59-0.950.970.870.880.30.980.990.910.91
0.250.120.30.170.40.540.00.170.190.371.00.490.620.130.190.560.080.150.310.60.070.090.110.040.04
1.00.970.540.890.950.80.950.990.19-0.240.190.92-0.20.970.980.65-0.930.990.820.890.330.990.990.910.91
-0.2-0.34-0.08-0.34-0.010.23-0.39-0.190.37-0.240.370.050.53-0.29-0.15-0.040.39-0.320.140.06-0.5-0.28-0.25-0.34-0.34
0.250.120.30.170.40.540.00.171.00.190.370.490.620.130.190.560.080.150.310.60.070.090.110.040.04
0.940.840.610.790.980.950.780.920.490.920.050.490.130.860.910.72-0.760.880.850.980.220.870.880.830.83
-0.15-0.350.23-0.230.070.22-0.43-0.220.62-0.20.530.620.13-0.28-0.190.230.49-0.28-0.040.15-0.21-0.28-0.26-0.25-0.25
0.960.980.540.790.880.740.970.950.130.97-0.290.130.86-0.280.950.61-0.930.980.760.830.20.970.940.90.9
0.980.930.430.840.960.830.910.990.190.98-0.150.190.91-0.190.950.65-0.910.960.890.90.220.970.980.860.86
0.680.590.370.570.730.610.530.590.560.65-0.040.560.720.230.610.65-0.420.620.640.780.230.630.630.470.47
-0.91-0.96-0.4-0.87-0.8-0.66-0.97-0.950.08-0.930.390.08-0.760.49-0.93-0.91-0.42-0.95-0.75-0.71-0.38-0.95-0.95-0.92-0.92
0.990.990.520.90.90.750.980.970.150.99-0.320.150.88-0.280.980.960.62-0.950.780.850.370.990.970.910.91
0.840.760.320.710.880.880.730.870.310.820.140.310.85-0.040.760.890.64-0.750.780.860.130.80.850.680.68
0.920.810.530.760.970.930.740.880.60.890.060.60.980.150.830.90.78-0.710.850.860.210.840.850.740.74
0.320.370.110.710.210.070.360.30.070.33-0.50.070.22-0.210.20.220.23-0.380.370.130.210.340.340.340.34
0.980.970.470.890.910.740.960.980.090.99-0.280.090.87-0.280.970.970.63-0.950.990.80.840.340.990.90.9
0.980.940.430.90.930.760.940.990.110.99-0.250.110.88-0.260.940.980.63-0.950.970.850.850.340.990.890.89
0.90.910.560.820.820.730.910.910.040.91-0.340.040.83-0.250.90.860.47-0.920.910.680.740.340.90.891.0
0.90.910.560.820.820.730.910.910.040.91-0.340.040.83-0.250.90.860.47-0.920.910.680.740.340.90.891.0
Click cells to compare fundamentals

Church Dwight Account Relationship Matchups

Church Dwight fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.4B8.0B8.3B8.6B9.0B
Short Long Term Debt Total2.1B2.2B2.6B2.7B2.6B2.7B
Other Current Liab839.4M436.4M455.9M436.1M580.4M609.4M
Total Current Liabilities1.1B1.4B2.1B1.2B1.4B1.5B
Total Stockholder Equity2.7B3.0B3.2B3.5B3.9B4.0B
Property Plant And Equipment Net573M612.8M652.7M761.1M1.1B1.2B
Net Debt1.9B2.0B2.3B2.4B2.3B2.4B
Retained Earnings4.2B4.8B5.4B5.5B6.0B6.3B
Cash155.7M183.1M240.6M270.3M344.5M361.7M
Non Current Assets Total5.7B6.3B6.8B6.9B7.0B7.4B
Non Currrent Assets Other(290.8M)(366.9M)(412.6M)(439.5M)180M189M
Cash And Short Term Investments155.7M183.1M240.6M270.3M344.5M361.7M
Net Receivables356.4M398.8M405.5M422M526.9M553.2M
Common Stock Shares Outstanding252.1M252.2M249.6M246.3M247.6M284.1M
Liabilities And Stockholders Equity6.7B7.4B8.0B8.3B8.6B9.0B
Non Current Liabilities Total2.9B3.0B2.7B3.7B3.3B3.5B
Inventory417.4M495.4M535.4M646.6M613.3M644.0M
Other Current Assets26.9M35.1M51.9M57M45M39.4M
Other Stockholder Equity(1.8B)(2.0B)(2.4B)(2.3B)(2.4B)(2.3B)
Total Liab4.0B4.4B4.8B4.9B4.7B4.9B
Property Plant And Equipment Gross573M612.8M1.5B1.6B1.8B1.9B
Total Current Assets956.4M1.1B1.2B1.4B1.5B1.6B
Accumulated Other Comprehensive Income(66.7M)(77.6M)(68.2M)(29.3M)(27.2M)(28.6M)
Short Term Debt252.9M351.4M952.2M74M203.8M165.6M
Intangible Assets2.8B3.1B3.5B3.4B3.3B3.5B
Accounts Payable473.3M588.1M663.8M666.7M630.6M662.1M
Other Liab913.6M1.2B1.1B920.5M1.1B1.1B
Other Assets138.1M351M332.5M317.5M365.1M383.4M
Long Term Debt1.8B1.8B1.6B2.6B2.2B2.3B
Treasury Stock(2.1B)(2.3B)(2.7B)(2.7B)(2.4B)(2.3B)
Property Plant Equipment573M612.8M652.7M761.1M875.3M519.5M
Good Will2.1B2.2B2.3B2.4B2.4B1.4B
Current Deferred Revenue(473.3M)(588.1M)(663.8M)757M7.2M7.6M
Net Tangible Assets(2.2B)(2.3B)(2.5B)(2.4B)(2.1B)(2.0B)
Retained Earnings Total Equity4.2B4.8B5.4B5.5B6.4B3.6B

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When determining whether Church Dwight is a strong investment it is important to analyze Church Dwight's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Church Dwight's future performance. For an informed investment choice regarding Church Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Church Dwight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Church Stock refer to our How to Trade Church Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Household Products 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 Church Dwight. If investors know Church 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 Church Dwight 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
0.112
Dividend Share
1.121
Earnings Share
2.23
Revenue Per Share
24.777
Quarterly Revenue Growth
0.038
The market value of Church Dwight is measured differently than its book value, which is the value of Church that is recorded on the company's balance sheet. Investors also form their own opinion of Church Dwight's value that differs from its market value or its book value, called intrinsic value, which is Church Dwight'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 Church Dwight's market value can be influenced by many factors that don't directly affect Church Dwight'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 Church Dwight's value and its price as these two are different measures arrived at by different means. Investors typically determine if Church Dwight is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Church Dwight'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.