Whirlpool Total Other Income Expense Net vs Gross Profit Analysis

WHIRLPOOL   1,871  36.10  1.97%   
Whirlpool financial indicator trend analysis is more than just analyzing Whirlpool of India current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Whirlpool of India is a good investment. Please check the relationship between Whirlpool Total Other Income Expense Net and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool of India. 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.
To learn how to invest in Whirlpool Stock, please use our How to Invest in Whirlpool guide.

Total Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whirlpool of India Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Whirlpool's Total Other Income Expense Net and Gross Profit is -0.43. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Whirlpool of India, assuming nothing else is changed. The correlation between historical values of Whirlpool's Total Other Income Expense Net and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Whirlpool of India are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., Whirlpool's Total Other Income Expense Net and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Other Income Expense Net

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Whirlpool of India minus its cost of goods sold. It is profit before Whirlpool operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Whirlpool's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Whirlpool of India 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool of India. 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.
To learn how to invest in Whirlpool Stock, please use our How to Invest in Whirlpool guide.As of the 4th of December 2024, Tax Provision is likely to grow to about 1.1 B, while Selling General Administrative is likely to drop about 467.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit19.4B20.8B21.7B14.1B
Total Revenue61.9B66.7B68.3B39.9B

Whirlpool fundamental ratios Correlations

0.080.440.871.00.87-0.940.830.970.950.150.97-0.550.090.760.860.23-0.460.890.99-0.110.810.860.930.920.91
0.080.63-0.140.060.130.12-0.240.050.230.070.04-0.25-0.040.68-0.15-0.15-0.060.06-0.01-0.260.33-0.140.120.180.03
0.440.630.350.420.46-0.440.270.520.40.020.52-0.390.060.650.3-0.06-0.240.480.43-0.670.350.220.50.530.51
0.87-0.140.350.860.9-0.90.990.840.730.180.85-0.10.170.470.980.32-0.460.980.9-0.280.560.940.950.910.95
1.00.060.420.860.87-0.940.830.960.950.150.96-0.550.10.750.860.23-0.460.880.98-0.120.810.860.930.920.91
0.870.130.460.90.87-0.780.860.770.840.240.79-0.190.20.650.920.23-0.510.950.84-0.420.740.860.970.980.9
-0.940.12-0.44-0.9-0.94-0.78-0.88-0.98-0.8-0.05-0.980.49-0.04-0.58-0.86-0.260.38-0.87-0.980.16-0.64-0.84-0.88-0.85-0.91
0.83-0.240.270.990.830.86-0.880.80.680.190.82-0.040.210.380.970.36-0.470.950.87-0.240.480.940.910.860.93
0.970.050.520.840.960.77-0.980.80.860.050.99-0.60.020.720.80.22-0.390.850.98-0.130.710.80.870.860.9
0.950.230.40.730.950.84-0.80.680.860.210.85-0.59-0.010.840.740.12-0.340.790.88-0.120.920.750.880.90.8
0.150.070.020.180.150.24-0.050.190.050.210.10.120.370.170.15-0.44-0.150.210.120.060.020.240.220.250.26
0.970.040.520.850.960.79-0.980.820.990.850.1-0.570.140.710.820.27-0.490.860.99-0.120.680.830.880.860.93
-0.55-0.25-0.39-0.1-0.55-0.190.49-0.04-0.6-0.590.12-0.570.16-0.64-0.080.030.1-0.15-0.5-0.09-0.58-0.11-0.26-0.3-0.28
0.09-0.040.060.170.10.2-0.040.210.02-0.010.370.140.160.010.20.34-0.830.160.130.04-0.20.30.160.10.29
0.760.680.650.470.750.65-0.580.380.720.840.170.71-0.640.010.460.03-0.350.610.69-0.140.810.490.690.740.63
0.86-0.150.30.980.860.92-0.860.970.80.740.150.82-0.080.20.460.34-0.50.960.88-0.260.60.930.940.90.91
0.23-0.15-0.060.320.230.23-0.260.360.220.12-0.440.270.030.340.030.34-0.560.280.28-0.030.030.360.250.20.3
-0.46-0.06-0.24-0.46-0.46-0.510.38-0.47-0.39-0.34-0.15-0.490.1-0.83-0.35-0.5-0.56-0.48-0.490.03-0.17-0.57-0.49-0.45-0.58
0.890.060.480.980.880.95-0.870.950.850.790.210.86-0.150.160.610.960.28-0.480.9-0.360.640.920.980.960.96
0.99-0.010.430.90.980.84-0.980.870.980.880.120.99-0.50.130.690.880.28-0.490.9-0.10.720.880.920.90.94
-0.11-0.26-0.67-0.28-0.12-0.420.16-0.24-0.13-0.120.06-0.12-0.090.04-0.14-0.26-0.030.03-0.36-0.1-0.13-0.06-0.35-0.39-0.28
0.810.330.350.560.810.74-0.640.480.710.920.020.68-0.58-0.20.810.60.03-0.170.640.72-0.130.550.740.780.57
0.86-0.140.220.940.860.86-0.840.940.80.750.240.83-0.110.30.490.930.36-0.570.920.88-0.060.550.910.870.92
0.930.120.50.950.930.97-0.880.910.870.880.220.88-0.260.160.690.940.25-0.490.980.92-0.350.740.910.990.96
0.920.180.530.910.920.98-0.850.860.860.90.250.86-0.30.10.740.90.2-0.450.960.9-0.390.780.870.990.93
0.910.030.510.950.910.9-0.910.930.90.80.260.93-0.280.290.630.910.3-0.580.960.94-0.280.570.920.960.93
Click cells to compare fundamentals

Whirlpool Account Relationship Matchups

Whirlpool fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.6B50.5B56.9B59.6B61.4B64.5B
Other Current Liab1.4B1.6B1.3B1.2B2.3B1.4B
Total Current Liabilities15.7B18.9B17.6B19.0B17.7B11.3B
Total Stockholder Equity25.6B28.6B33.6B35.2B36.9B38.7B
Property Plant And Equipment Net7.6B7.5B9.4B9.4B9.8B5.6B
Net Debt(12.6B)(20.1B)(14.8B)(15.7B)(20.0B)(19.0B)
Accounts Payable14.3B16.6B14.8B16.4B14.3B9.1B
Cash12.7B20.6B16.1B16.8B22.3B23.4B
Non Current Assets Total10.8B11.0B21.0B20.9B21.1B22.2B
Non Currrent Assets Other850.7M950.4M1.0B848.2M597.2M662.5M
Cash And Short Term Investments16.5B20.7B16.3B17.0B22.3B23.5B
Short Term Investments3.8B138.8M188.9M184.1M17.1M16.2M
Liabilities And Stockholders Equity43.6B50.5B56.9B59.6B61.4B64.5B
Non Current Liabilities Total2.3B3.0B4.3B3.9B5.1B5.4B
Inventory12.0B12.7B13.1B15.1B12.5B7.9B
Other Current Assets4.3B1.7B1.8B2.5B2.0B1.8B
Other Stockholder Equity5.7B(23.4B)126.9M126.8M126.9M120.6M
Total Liab18.0B21.9B21.9B22.9B23.0B13.5B
Total Current Assets32.8B39.5B35.9B38.7B40.3B42.3B
Accumulated Other Comprehensive Income(4.5B)2.1B2.1B2.2B2.4B2.5B
Intangible Assets54.3M103.7M2.6B2.5B2.3B2.4B
Net Receivables4.4B4.4B4.9B4.3B3.4B3.2B
Retained Earnings22.2B25.1B30.0B31.6B33.1B17.9B
Other Liab2.1B2.6B3.3B3.1B3.5B2.1B
Net Tangible Assets25.6B28.5B23.5B25.2B29.0B20.3B
Other Assets1.4B1.5B2.2B920M1.1B1.3B
Property Plant Equipment7.5B7.4B8.7B9.4B10.8B6.5B
Current Deferred Revenue365.3M339.4M1.7B825.6M542.3M592.3M
Short Term Debt365.3M146.9M(184.8M)(559.1M)493.2M517.9M
Cash And Equivalents12.5B20.3B15.9B16.8B19.3B15.0B
Net Invested Capital25.6B28.6B33.6B35.2B36.9B31.3B
Net Working Capital17.1B20.5B18.3B19.8B22.6B18.6B

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Other Information on Investing in Whirlpool Stock

Balance Sheet is a snapshot of the financial position of Whirlpool of India at a specified time, usually calculated after every quarter, six months, or one year. Whirlpool Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Whirlpool and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Whirlpool currently owns. An asset can also be divided into two categories, current and non-current.