Clorox Common Stock Shares Outstanding vs Non Current Assets Total Analysis

CLX Stock  USD 169.30  0.15  0.09%   
Clorox financial indicator trend analysis is way more than just evaluating Clorox prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clorox is a good investment. Please check the relationship between Clorox Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clorox Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Clorox's Common Stock Shares Outstanding and Non Current Assets Total is -0.84. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of The Clorox, assuming nothing else is changed. The correlation between historical values of Clorox's Common Stock Shares Outstanding and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of The Clorox are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Clorox's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Clorox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clorox 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 The Clorox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Clorox's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 27.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 790.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.5B2.9B3.0B2.1B
Total Revenue7.1B7.4B7.1B4.6B

Clorox fundamental ratios Correlations

0.970.360.760.160.920.930.240.250.990.820.250.88-0.860.970.90.3-0.150.980.260.94-0.010.830.8-0.89-0.88
0.970.330.83-0.030.870.970.270.230.960.720.230.95-0.920.960.840.44-0.250.990.190.930.170.790.7-0.89-0.88
0.360.330.45-0.180.470.39-0.41-0.220.370.3-0.220.35-0.270.30.560.260.450.380.20.310.070.230.25-0.45-0.45
0.760.830.45-0.330.720.810.060.140.740.550.140.84-0.80.660.730.56-0.10.840.140.780.560.590.48-0.81-0.8
0.16-0.03-0.18-0.330.02-0.090.410.230.190.240.23-0.170.160.10.08-0.68-0.14-0.040.030.06-0.550.370.540.140.14
0.920.870.470.720.020.86-0.140.140.910.860.140.8-0.710.890.920.330.220.90.430.86-0.120.620.62-0.88-0.88
0.930.970.390.81-0.090.860.18-0.010.950.69-0.010.95-0.90.930.880.47-0.170.960.220.830.180.790.64-0.9-0.9
0.240.27-0.410.060.41-0.140.180.420.22-0.050.420.23-0.40.26-0.05-0.18-0.950.21-0.510.260.210.410.490.060.06
0.250.23-0.220.140.230.14-0.010.420.150.171.00.13-0.20.24-0.05-0.08-0.370.23-0.120.51-0.040.10.36-0.03-0.03
0.990.960.370.740.190.910.950.220.150.830.150.87-0.840.960.920.27-0.130.960.280.89-0.030.860.8-0.89-0.88
0.820.720.30.550.240.860.69-0.050.170.830.170.59-0.510.770.830.060.190.760.340.74-0.310.650.66-0.7-0.7
0.250.23-0.220.140.230.14-0.010.421.00.150.170.13-0.20.24-0.05-0.08-0.370.23-0.120.51-0.040.10.36-0.03-0.03
0.880.950.350.84-0.170.80.950.230.130.870.590.13-0.910.870.750.44-0.270.930.250.830.30.720.62-0.88-0.88
-0.86-0.92-0.27-0.80.16-0.71-0.9-0.4-0.2-0.84-0.51-0.2-0.91-0.88-0.74-0.480.43-0.920.01-0.86-0.32-0.66-0.650.810.81
0.970.960.30.660.10.890.930.260.240.960.770.240.87-0.880.860.33-0.20.960.230.92-0.10.770.75-0.86-0.85
0.90.840.560.730.080.920.88-0.05-0.050.920.83-0.050.75-0.740.860.30.160.880.250.79-0.050.70.69-0.85-0.85
0.30.440.260.56-0.680.330.47-0.18-0.080.270.06-0.080.44-0.480.330.30.00.440.050.350.460.16-0.26-0.5-0.5
-0.15-0.250.45-0.1-0.140.22-0.17-0.95-0.37-0.130.19-0.37-0.270.43-0.20.160.0-0.180.49-0.2-0.38-0.31-0.32-0.05-0.05
0.980.990.380.84-0.040.90.960.210.230.960.760.230.93-0.920.960.880.44-0.180.220.940.130.770.71-0.91-0.91
0.260.190.20.140.030.430.22-0.51-0.120.280.34-0.120.250.010.230.250.050.490.220.17-0.350.280.11-0.52-0.53
0.940.930.310.780.060.860.830.260.510.890.740.510.83-0.860.920.790.35-0.20.940.170.060.690.74-0.83-0.82
-0.010.170.070.56-0.55-0.120.180.21-0.04-0.03-0.31-0.040.3-0.32-0.1-0.050.46-0.380.13-0.350.060.0-0.13-0.07-0.07
0.830.790.230.590.370.620.790.410.10.860.650.10.72-0.660.770.70.16-0.310.770.280.690.00.76-0.73-0.73
0.80.70.250.480.540.620.640.490.360.80.660.360.62-0.650.750.69-0.26-0.320.710.110.74-0.130.76-0.57-0.57
-0.89-0.89-0.45-0.810.14-0.88-0.90.06-0.03-0.89-0.7-0.03-0.880.81-0.86-0.85-0.5-0.05-0.91-0.52-0.83-0.07-0.73-0.571.0
-0.88-0.88-0.45-0.80.14-0.88-0.90.06-0.03-0.88-0.7-0.03-0.880.81-0.85-0.85-0.5-0.05-0.91-0.53-0.82-0.07-0.73-0.571.0
Click cells to compare fundamentals

Clorox Account Relationship Matchups

Clorox fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.3B6.2B5.9B5.8B4.0B
Short Long Term Debt Total3.1B3.2B3.1B2.9B2.9B1.8B
Other Current Liab25M745M509M638M536M316.9M
Total Current Liabilities1.4B2.1B1.8B1.9B1.6B1.3B
Total Stockholder Equity908M411M556M220M328M491.8M
Property Plant And Equipment Net1.4B1.6B1.7B1.7B1.7B995.6M
Net Debt2.3B2.8B2.9B2.6B2.7B1.6B
Retained Earnings3.6B1.0B1.0B583M250M237.5M
Cash871M319M183M367M202M247.6M
Non Current Assets Total4.2B4.5B4.4B4.1B4.1B2.8B
Non Currrent Assets Other328M378M315M462M269M241.9M
Cash And Short Term Investments871M319M183M367M202M247.6M
Net Receivables648M604M681M688M695M495.4M
Common Stock Shares Outstanding127.7M127.3M123.9M124.2M124.8M173.3M
Liabilities And Stockholders Equity6.2B6.3B6.2B5.9B5.8B4.0B
Non Current Liabilities Total3.9B3.7B3.6B3.6B3.7B2.0B
Inventory454M752M755M696M637M354.5M
Other Current Assets47M154M106M77M88M87.5M
Other Stockholder Equity(2.2B)(210M)(144M)(1M)102M107.1M
Total Liab5.3B5.7B5.4B5.6B5.3B3.3B
Property Plant And Equipment Gross1.4B1.6B1.3B1.7B4.5B4.7B
Total Current Assets2.0B1.8B1.7B1.8B1.6B1.2B
Accumulated Other Comprehensive Income(640M)(546M)(479M)(493M)(155M)(162.8M)
Short Term Debt64M381M315M137M88M83.6M
Intangible Assets894M918M884M712M681M849.6M
Accounts Payable1.3B930M960M1.0B950M504.8M
Other Liab817M901M857M832M956.8M709.4M
Other Assets1.5B378M315M462M531.3M557.9M
Long Term Debt2.8B2.5B2.5B2.5B2.5B2.0B
Treasury Stock(2.7B)(3.2B)(3.3B)(1.4B)(1.3B)(1.3B)
Property Plant Equipment1.4B1.6B1.7B1.7B1.9B1.2B
Good Will1.6B1.6B1.6B1.3B1.2B1.3B
Net Tangible Assets(1.6B)(2.1B)(1.9B)(1.7B)(1.6B)(1.5B)
Retained Earnings Total Equity3.6B1.0B1.0B583M670.5M636.9M
Capital Surpluse1.1B1.2B1.2B1.2B1.4B991.1M

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