Computershare Good Will vs Retained Earnings Analysis

CPU Stock

31.70 0.84 2.72%

Computershare financial indicator trend analysis is way more than just evaluating Computershare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Computershare is a good investment. Please check the relationship between Computershare Good Will and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Computershare. 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.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Computershare Good Will account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Computershare's Good Will and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Computershare, assuming nothing else is changed. The correlation between historical values of Computershare's Good Will and Retained Earnings 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 Computershare are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Computershare's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Computershare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Computershare 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 Computershare. 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.

Selling General Administrative is likely to gain to about 103.4 M in 2024, whereas Tax Provision is likely to drop slightly above 127.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	82.8M	199.0M	132.2M	138.8M
Depreciation And Amortization	377.9M	416.3M	183.1M	121.1M

Interest Expense Depreciation And Amortization

Computershare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Assets
Total Assets		0.98	0.78	0.94	0.97	0.88	-0.11	0.87	0.97	-0.37	0.8	1.0	-0.84	0.75	0.87	0.96	0.76	0.65	0.97	-0.39	0.99	0.48	0.98	0.76	0.66	0.02
Short Long Term Debt Total	0.98		0.72	0.91	0.92	0.86	-0.19	0.94	0.93	-0.27	0.73	0.99	-0.82	0.69	0.82	0.96	0.75	0.65	0.98	-0.43	0.99	0.42	0.94	0.76	0.57	0.04
Other Current Liab	0.78	0.72		0.79	0.73	0.56	0.08	0.62	0.84	-0.72	0.72	0.76	-0.8	0.65	0.87	0.71	0.64	0.41	0.76	-0.31	0.79	0.52	0.8	0.65	0.39	-0.12
Total Current Liabilities	0.94	0.91	0.79		0.9	0.81	-0.19	0.82	0.9	-0.38	0.73	0.93	-0.85	0.68	0.8	0.89	0.71	0.56	0.85	-0.48	0.93	0.39	0.91	0.93	0.61	-0.01
Total Stockholder Equity	0.97	0.92	0.73	0.9		0.92	-0.03	0.76	0.95	-0.39	0.83	0.96	-0.78	0.79	0.85	0.92	0.7	0.63	0.9	-0.3	0.93	0.53	0.97	0.71	0.78	0.03
Property Plant And Equipment Net	0.88	0.86	0.56	0.81	0.92		-0.01	0.72	0.84	-0.23	0.77	0.88	-0.64	0.75	0.73	0.84	0.56	0.58	0.82	-0.14	0.84	0.61	0.85	0.67	0.76	0.14
Current Deferred Revenue	-0.11	-0.19	0.08	-0.19	-0.03	-0.01		-0.36	-0.04	-0.2	0.43	-0.15	0.42	0.48	0.26	-0.13	0.05	0.33	-0.12	0.82	-0.15	0.71	-0.02	-0.34	0.15	0.47
Net Debt	0.87	0.94	0.62	0.82	0.76	0.72	-0.36		0.8	-0.15	0.5	0.9	-0.81	0.47	0.7	0.91	0.71	0.56	0.91	-0.53	0.91	0.21	0.77	0.69	0.32	0.0
Retained Earnings	0.97	0.93	0.84	0.9	0.95	0.84	-0.04	0.8		-0.45	0.78	0.96	-0.82	0.73	0.9	0.94	0.76	0.62	0.94	-0.35	0.96	0.51	0.97	0.72	0.59	0.02
Accounts Payable	-0.37	-0.27	-0.72	-0.38	-0.39	-0.23	-0.2	-0.15	-0.45		-0.45	-0.34	0.6	-0.34	-0.56	-0.21	-0.11	0.14	-0.32	0.25	-0.35	-0.27	-0.42	-0.33	-0.31	0.39
Cash	0.8	0.73	0.72	0.73	0.83	0.77	0.43	0.5	0.78	-0.45		0.76	-0.5	0.99	0.88	0.7	0.6	0.69	0.73	0.08	0.76	0.84	0.85	0.53	0.81	0.21
Non Current Assets Total	1.0	0.99	0.76	0.93	0.96	0.88	-0.15	0.9	0.96	-0.34	0.76		-0.85	0.71	0.85	0.98	0.76	0.65	0.97	-0.41	0.99	0.45	0.96	0.77	0.61	0.03
Non Currrent Assets Other	-0.84	-0.82	-0.8	-0.85	-0.78	-0.64	0.42	-0.81	-0.82	0.6	-0.5	-0.85		-0.39	-0.69	-0.78	-0.55	-0.23	-0.8	0.72	-0.85	-0.1	-0.79	-0.78	-0.43	0.35
Cash And Short Term Investments	0.75	0.69	0.65	0.68	0.79	0.75	0.48	0.47	0.73	-0.34	0.99	0.71	-0.39		0.84	0.67	0.62	0.75	0.69	0.17	0.71	0.87	0.81	0.47	0.78	0.28
Net Receivables	0.87	0.82	0.87	0.8	0.85	0.73	0.26	0.7	0.9	-0.56	0.88	0.85	-0.69	0.84		0.81	0.67	0.61	0.84	-0.15	0.86	0.69	0.87	0.6	0.57	0.17
Good Will	0.96	0.96	0.71	0.89	0.92	0.84	-0.13	0.91	0.94	-0.21	0.7	0.98	-0.78	0.67	0.81		0.84	0.75	0.96	-0.35	0.97	0.42	0.91	0.7	0.51	0.09
Common Stock Total Equity	0.76	0.75	0.64	0.71	0.7	0.56	0.05	0.71	0.76	-0.11	0.6	0.76	-0.55	0.62	0.67	0.84		0.84	0.76	-0.23	0.77	0.41	0.73	0.51	0.27	0.03
Common Stock Shares Outstanding	0.65	0.65	0.41	0.56	0.63	0.58	0.33	0.56	0.62	0.14	0.69	0.65	-0.23	0.75	0.61	0.75	0.84		0.66	0.18	0.65	0.61	0.65	0.34	0.39	0.42
Non Current Liabilities Total	0.97	0.98	0.76	0.85	0.9	0.82	-0.12	0.91	0.94	-0.32	0.73	0.97	-0.8	0.69	0.84	0.96	0.76	0.66		-0.38	0.98	0.45	0.94	0.66	0.52	0.03
Other Stockholder Equity	-0.39	-0.43	-0.31	-0.48	-0.3	-0.14	0.82	-0.53	-0.35	0.25	0.08	-0.41	0.72	0.17	-0.15	-0.35	-0.23	0.18	-0.38		-0.42	0.51	-0.34	-0.58	-0.03	0.62
Total Liab	0.99	0.99	0.79	0.93	0.93	0.84	-0.15	0.91	0.96	-0.35	0.76	0.99	-0.85	0.71	0.86	0.97	0.77	0.65	0.98	-0.42		0.44	0.96	0.77	0.57	0.02
Property Plant And Equipment Gross	0.48	0.42	0.52	0.39	0.53	0.61	0.71	0.21	0.51	-0.27	0.84	0.45	-0.1	0.87	0.69	0.42	0.41	0.61	0.45	0.51	0.44		0.53	0.21	0.55	0.43
Total Current Assets	0.98	0.94	0.8	0.91	0.97	0.85	-0.02	0.77	0.97	-0.42	0.85	0.96	-0.79	0.81	0.87	0.91	0.73	0.65	0.94	-0.34	0.96	0.53		0.74	0.72	0.01
Short Term Debt	0.76	0.76	0.65	0.93	0.71	0.67	-0.34	0.69	0.72	-0.33	0.53	0.77	-0.78	0.47	0.6	0.7	0.51	0.34	0.66	-0.58	0.77	0.21	0.74		0.5	-0.08
Common Stock	0.66	0.57	0.39	0.61	0.78	0.76	0.15	0.32	0.59	-0.31	0.81	0.61	-0.43	0.78	0.57	0.51	0.27	0.39	0.52	-0.03	0.57	0.55	0.72	0.5		0.06
Other Assets	0.02	0.04	-0.12	-0.01	0.03	0.14	0.47	0.0	0.02	0.39	0.21	0.03	0.35	0.28	0.17	0.09	0.03	0.42	0.03	0.62	0.02	0.43	0.01	-0.08	0.06

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Computershare Account Relationship Matchups

Computershare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.2B	9.0B	9.4B	5.1B	3.3B
Short Long Term Debt Total	3.2B	2.6B	3.8B	3.8B	1.8B	1.3B
Other Current Liab	931.3M	603.2M	615.7M	1.2B	572.4M	601.1M
Total Current Liabilities	1.5B	1.3B	1.8B	1.9B	675.4M	640.7M
Total Stockholder Equity	2.3B	3.0B	3.2B	3.2B	1.9B	1.2B
Property Plant And Equipment Net	421.4M	412.0M	443.4M	429.6M	254.5M	159.1M
Current Deferred Revenue	55.5M	47.9M	97.5M	94.0M	617.7M	648.5M
Net Debt	2.4B	1.5B	2.3B	2.1B	591.8M	887.2M
Retained Earnings	2.6B	2.4B	2.6B	3.0B	2.0B	1.0B
Accounts Payable	21.3M	32.6M	17.8M	36.6M	26.6M	25.3M
Cash	867.6M	1.1B	1.5B	1.7B	1.2B	1.3B
Non Current Assets Total	5.4B	4.9B	6.1B	6.1B	3.1B	2.3B
Non Currrent Assets Other	(2.7B)	(2.5B)	(2.9B)	(2.9B)	176.8M	185.7M
Cash And Short Term Investments	890.7M	1.1B	1.5B	1.7B	1.3B	1.4B
Net Receivables	1.0B	755.6M	1.1B	1.3B	859.9M	902.9M
Good Will	2.7B	2.5B	2.9B	2.9B	1.8B	1.4B
Common Stock Shares Outstanding	546.8M	559.7M	605.2M	605.1M	599.9M	585.0M
Liabilities And Stockholders Equity	7.4B	7.2B	9.0B	9.4B	5.1B	3.3B
Non Current Liabilities Total	3.6B	2.8B	4.0B	4.2B	2.5B	1.5B
Total Liab	5.1B	4.1B	5.8B	6.2B	3.2B	2.2B
Property Plant And Equipment Gross	422.7M	309.3M	304.9M	566.3M	543.8M	571.0M
Total Current Assets	2.1B	2.3B	2.9B	3.3B	2.0B	1.0B
Accumulated Other Comprehensive Income	(250.5M)	(9.4M)	(164.4M)	(536.8M)	(568.6M)	(540.2M)
Short Term Debt	480.1M	322.4M	600.0M	629.8M	29.0M	27.6M
Short Term Investments	23.1M	10.7M	11.2M	6.0M	108.7M	114.1M
Inventory	7.4M	7.3M	7.7M	9.5M	5.5M	6.3M
Other Current Assets	147.2M	56.6M	428.8M	922.4M	679.1M	713.0M
Intangible Assets	4.4B	4.0B	5.1B	4.9B	739.4M	702.5M
Other Liab	473.5M	394.2M	392.8M	339.1M	389.9M	442.7M
Long Term Debt	1.7B	1.4B	1.9B	1.8B	1.7B	1.2B
Property Plant Equipment	290.1M	309.3M	304.9M	286.0M	328.9M	171.7M
Net Tangible Assets	(1.5B)	(751.4M)	(1.3B)	(1.2B)	(1.0B)	(1.1B)
Long Term Investments	72.6M	73.4M	43.3M	70.2M	63.2M	51.5M
Short Long Term Debt	103.5M	481.7M	373.0M	593.8M	623.9M	0.0
Long Term Debt Total	1.9B	1.6B	2.0B	1.9B	2.2B	1.9B

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