Newell Good Will vs Long Term Investments Analysis
NWL Stock | USD 9.12 0.18 2.01% |
Newell Brands financial indicator trend analysis is infinitely more than just investigating Newell Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newell Brands is a good investment. Please check the relationship between Newell Brands Good Will and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newell Brands Good Will account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Newell Brands' Good Will and Long Term Investments is -0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Newell Brands, assuming nothing else is changed. The correlation between historical values of Newell Brands' Good Will and Long Term Investments 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 Newell Brands are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Newell Brands' Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Long Term Investments
Long Term Investments is an item on the asset side of Newell Brands balance sheet that represents investments Newell Brands intends to hold for over a year. Newell Brands long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Newell Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newell Brands 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.At this time, Newell Brands' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 85.71 this year, although the value of Discontinued Operations is projected to rise to (68 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 2.8B | 2.4B | 2.0B | Total Revenue | 10.6B | 9.5B | 8.1B | 6.1B |
Newell Brands fundamental ratios Correlations
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Newell Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Newell Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.6B | 14.7B | 14.2B | 13.3B | 12.2B | 8.3B | |
Short Long Term Debt Total | 6.3B | 6.1B | 5.4B | 5.9B | 5.5B | 3.0B | |
Other Current Liab | 1.5B | 1.4B | 1.5B | 1.2B | 1.4B | 1.4B | |
Total Current Liabilities | 3.0B | 3.6B | 3.3B | 3.1B | 2.9B | 1.9B | |
Total Stockholder Equity | 5.0B | 3.9B | 4.1B | 3.5B | 3.1B | 2.7B | |
Property Plant And Equipment Net | 925.6M | 1.8B | 1.7B | 1.8B | 1.7B | 979.7M | |
Net Debt | 5.9B | 5.1B | 4.9B | 5.6B | 5.1B | 2.8B | |
Retained Earnings | (2.4B) | (3.2B) | (2.6B) | (2.3B) | (2.7B) | (2.6B) | |
Cash | 348.6M | 981M | 440M | 287M | 332M | 211.5M | |
Non Current Assets Total | 11.5B | 10.1B | 9.9B | 9.2B | 8.8B | 5.6B | |
Non Currrent Assets Other | 359.3M | 404M | 464M | 646M | 717M | 752.9M | |
Cash And Short Term Investments | 348.6M | 981M | 440M | 287M | 332M | 211.5M | |
Net Receivables | 1.8B | 1.7B | 1.5B | 1.3B | 1.2B | 1.1B | |
Common Stock Shares Outstanding | 423.9M | 424.1M | 428M | 417.4M | 414.1M | 289.2M | |
Liabilities And Stockholders Equity | 15.6B | 14.7B | 14.2B | 13.3B | 12.2B | 8.3B | |
Non Current Liabilities Total | 7.7B | 7.2B | 6.8B | 6.7B | 6.2B | 3.7B | |
Inventory | 1.6B | 1.6B | 2.0B | 2.2B | 1.5B | 979.5M | |
Other Current Assets | 313.1M | 331M | 325M | 312M | 296M | 394.2M | |
Other Stockholder Equity | 7.8B | 7.5B | 7.1B | 6.4B | 6.3B | 6.6B | |
Total Liab | 10.6B | 10.8B | 10.1B | 9.7B | 9.1B | 5.5B | |
Total Current Assets | 4.1B | 4.6B | 4.3B | 4.1B | 3.4B | 2.7B | |
Short Term Debt | 332.4M | 595M | 125M | 742M | 451M | 325.1M | |
Intangible Assets | 4.9B | 3.6B | 3.4B | 2.6B | 2.5B | 2.3B | |
Accounts Payable | 1.1B | 1.5B | 1.7B | 1.1B | 1.0B | 660.0M | |
Property Plant And Equipment Gross | 925.6M | 1.8B | 1.7B | 1.8B | 3.8B | 4.0B | |
Accumulated Other Comprehensive Income | (919.9M) | (880M) | (882M) | (1.0B) | (890M) | (845.5M) | |
Common Stock Total Equity | 447.1M | 448M | 450M | 439M | 504.9M | 376.1M | |
Common Stock | 447.1M | 448M | 450M | 439M | 440M | 380.4M | |
Other Liab | 1.7B | 1.6B | 1.4B | 1.3B | 1.5B | 1.4B | |
Other Assets | 1.1B | 1.8B | 1.3B | 1.5B | 1.7B | 1.8B | |
Long Term Debt | 5.4B | 5.1B | 4.9B | 4.8B | 4.6B | 4.0B | |
Treasury Stock | (584.7M) | (590.3M) | (598M) | (609M) | (548.1M) | (575.5M) | |
Property Plant Equipment | 925.6M | 1.2B | 1.2B | 1.8B | 1.6B | 880.5M | |
Good Will | 3.7B | 3.6B | 3.5B | 3.3B | 3.1B | 3.7B | |
Net Tangible Assets | (3.7B) | (3.2B) | (2.8B) | (2.4B) | (2.2B) | (2.3B) | |
Noncontrolling Interest In Consolidated Entity | 36.6M | 34.8M | 32.7M | 26M | 29.9M | 18.7M | |
Retained Earnings Total Equity | (2.4B) | (3.2B) | (2.6B) | (2.3B) | (2.1B) | (2.0B) | |
Long Term Debt Total | 5.4B | 5.1B | 4.9B | 4.8B | 5.5B | 5.1B | |
Capital Surpluse | 8.4B | 8.1B | 7.7B | 7.1B | 8.1B | 5.5B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Housewares & Specialties 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 Newell Brands. If investors know Newell 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 Newell Brands 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 1.71 | Dividend Share 0.28 | Earnings Share (0.60) | Revenue Per Share 18.576 | Quarterly Revenue Growth (0.05) |
The market value of Newell Brands is measured differently than its book value, which is the value of Newell that is recorded on the company's balance sheet. Investors also form their own opinion of Newell Brands' value that differs from its market value or its book value, called intrinsic value, which is Newell Brands' 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 Newell Brands' market value can be influenced by many factors that don't directly affect Newell Brands' 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 Newell Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newell Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newell Brands' 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.