Whirlpool Net Income From Continuing Ops vs Cost Of Revenue Analysis

WHR Stock  USD 111.18  1.38  1.26%   
Whirlpool financial indicator trend analysis is more than just analyzing Whirlpool current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Whirlpool is a good investment. Please check the relationship between Whirlpool Net Income From Continuing Ops and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool. 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.
To learn how to invest in Whirlpool Stock, please use our How to Invest in Whirlpool guide.

Net Income From Continuing Ops vs Cost Of Revenue

Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whirlpool Net Income From Continuing Ops account and Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Whirlpool's Net Income From Continuing Ops and Cost Of Revenue is 0.13. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Whirlpool, assuming nothing else is changed. The correlation between historical values of Whirlpool's Net Income From Continuing Ops and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Whirlpool are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Whirlpool's Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Cost Of Revenue

Cost of Revenue is found on Whirlpool income statement and represents the costs associated with goods and services Whirlpool provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 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. 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.
To learn how to invest in Whirlpool Stock, please use our How to Invest in Whirlpool guide.At this time, Whirlpool's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to about 359.5 M, while Enterprise Value Over EBITDA is likely to drop 6.39.
 2021 2022 2023 2024 (projected)
Gross Profit4.4B3.1B3.2B2.9B
Total Revenue22.0B19.7B19.5B14.9B

Whirlpool fundamental ratios Correlations

0.510.420.950.610.960.410.870.570.98-0.040.570.86-0.040.670.930.79-0.170.970.950.380.640.970.760.460.72
0.510.670.45-0.180.410.960.660.490.530.440.490.33-0.820.940.330.53-0.890.650.430.30.840.40.670.620.78
0.420.670.31-0.090.280.480.730.840.370.210.840.34-0.710.650.140.31-0.720.540.46-0.090.360.380.460.980.56
0.950.450.310.540.930.360.780.520.91-0.090.520.840.00.560.920.66-0.120.930.940.590.550.960.630.330.66
0.61-0.18-0.090.540.66-0.260.340.160.53-0.080.160.760.590.090.730.370.480.40.67-0.110.160.680.190.030.19
0.960.410.280.930.660.310.760.50.92-0.130.50.910.050.590.90.67-0.050.890.920.350.560.960.620.350.6
0.410.960.480.36-0.260.310.50.230.480.460.230.19-0.750.890.280.53-0.810.550.270.370.890.270.690.420.74
0.870.660.730.780.340.760.50.820.840.060.820.67-0.40.730.710.69-0.50.920.840.220.560.830.770.760.76
0.570.490.840.520.160.50.230.820.47-0.011.00.52-0.50.520.350.33-0.530.640.68-0.030.180.610.320.870.46
0.980.530.370.910.530.920.480.840.47-0.060.470.77-0.060.690.910.85-0.170.960.870.390.710.90.850.410.75
-0.040.440.21-0.09-0.08-0.130.460.06-0.01-0.06-0.01-0.04-0.410.38-0.040.12-0.460.0-0.03-0.080.43-0.060.120.20.26
0.570.490.840.520.160.50.230.821.00.47-0.010.52-0.50.520.350.33-0.530.640.68-0.030.180.610.320.870.46
0.860.330.340.840.760.910.190.670.520.77-0.040.520.120.510.820.520.00.750.930.180.460.920.450.410.46
-0.04-0.82-0.710.00.590.05-0.75-0.4-0.5-0.06-0.41-0.50.12-0.660.18-0.10.98-0.25-0.02-0.06-0.430.04-0.31-0.65-0.48
0.670.940.650.560.090.590.890.730.520.690.380.520.51-0.660.520.69-0.740.760.590.180.910.550.730.640.84
0.930.330.140.920.730.90.280.710.350.91-0.040.350.820.180.520.750.030.860.890.430.580.930.640.190.64
0.790.530.310.660.370.670.530.690.330.850.120.330.52-0.10.690.75-0.210.810.650.220.740.660.840.320.61
-0.17-0.89-0.72-0.120.48-0.05-0.81-0.5-0.53-0.17-0.46-0.530.00.98-0.740.03-0.21-0.36-0.14-0.13-0.53-0.09-0.4-0.66-0.58
0.970.650.540.930.40.890.550.920.640.960.00.640.75-0.250.760.860.81-0.360.90.440.70.910.810.550.8
0.950.430.460.940.670.920.270.840.680.87-0.030.680.93-0.020.590.890.65-0.140.90.320.490.980.560.510.62
0.380.3-0.090.59-0.110.350.370.22-0.030.39-0.08-0.030.18-0.060.180.430.22-0.130.440.320.330.370.3-0.180.41
0.640.840.360.550.160.560.890.560.180.710.430.180.46-0.430.910.580.74-0.530.70.490.330.50.790.340.82
0.970.40.380.960.680.960.270.830.610.9-0.060.610.920.040.550.930.66-0.090.910.980.370.50.610.430.61
0.760.670.460.630.190.620.690.770.320.850.120.320.45-0.310.730.640.84-0.40.810.560.30.790.610.460.75
0.460.620.980.330.030.350.420.760.870.410.20.870.41-0.650.640.190.32-0.660.550.51-0.180.340.430.460.55
0.720.780.560.660.190.60.740.760.460.750.260.460.46-0.480.840.640.61-0.580.80.620.410.820.610.750.55
Click cells to compare fundamentals

Whirlpool Account Relationship Matchups

Whirlpool fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.9B20.4B20.3B17.1B17.3B12.3B
Short Long Term Debt Total5.8B6.2B6.0B8.2B7.8B8.2B
Other Current Liab918M3.2B2.8B2.3B2.4B1.2B
Total Current Liabilities8.4B8.3B8.5B5.9B6.9B5.3B
Total Stockholder Equity3.2B3.8B4.8B2.3B2.4B2.9B
Property Plant And Equipment Net4.2B4.2B3.8B2.8B3.0B2.7B
Net Debt3.8B3.3B3.0B6.2B6.3B6.6B
Retained Earnings7.9B8.6B10.2B8.3B8.4B4.3B
Cash2.0B2.9B3.0B2.0B1.6B808.8M
Non Current Assets Total11.5B11.3B10.6B10.7B11.1B6.9B
Non Currrent Assets Other269M198M441M395M378M491.7M
Cash And Short Term Investments2.0B2.9B3.0B2.0B1.6B808.8M
Net Receivables2.2B3.1B3.1B1.6B1.5B2.1B
Common Stock Shares Outstanding64.2M63.3M62.9M55.9M55.2M57.7M
Liabilities And Stockholders Equity18.9B20.4B20.3B17.1B17.3B12.3B
Non Current Liabilities Total6.4B7.3B6.8B8.7B7.8B8.2B
Inventory2.4B2.2B2.7B2.1B2.2B1.8B
Other Current Assets810M795M834M1.4B861M566.7M
Other Stockholder Equity(2.2B)(2.1B)(3.1B)(3.9B)(3.9B)(3.7B)
Total Liab14.8B15.6B15.3B14.6B14.8B9.2B
Total Current Assets7.4B9.0B9.7B6.4B6.2B5.5B
Short Term Debt853M310M308M252M977M562.4M
Intangible Assets2.2B2.2B2.0B3.2B3.1B3.3B
Accounts Payable4.5B4.8B5.4B3.4B3.6B3.0B
Good Will2.4B2.5B2.5B3.3B3.3B1.9B
Property Plant And Equipment Gross4.2B11.0B10.4B7.6B8.2B4.2B
Accumulated Other Comprehensive Income(2.6B)(2.8B)(2.4B)(2.1B)(2.2B)(2.3B)
Other Liab1.5B1.4B1.0B740M851M808.5M
Other Assets2.6B6.6B2.4B1.5B1.7B2.0B
Long Term Debt4.1B5.1B4.9B7.4B6.4B6.7B
Treasury Stock(4.8B)(5.0B)(5.1B)(6.1B)(5.5B)(5.2B)
Property Plant Equipment3.3B3.2B3.8B2.8B3.2B3.4B
Current Deferred Revenue2.1B2.1B2.0B1.1B1.3B1.6B
Noncontrolling Interest In Consolidated Entity923M910M167M170M195.5M185.7M
Retained Earnings Total Equity7.9B8.6B10.2B8.3B9.5B7.2B
Net Tangible Assets(1.5B)(891M)380M(4.1B)(3.7B)(3.5B)

Pair Trading with Whirlpool

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whirlpool position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whirlpool will appreciate offsetting losses from the drop in the long position's value.

Moving together with Whirlpool Stock

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Moving against Whirlpool Stock

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The ability to find closely correlated positions to Whirlpool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whirlpool when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whirlpool - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whirlpool to buy it.
The correlation of Whirlpool is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whirlpool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whirlpool moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Whirlpool can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Whirlpool Stock Analysis

When running Whirlpool's price analysis, check to measure Whirlpool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Whirlpool is operating at the current time. Most of Whirlpool's value examination focuses on studying past and present price action to predict the probability of Whirlpool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whirlpool's price. Additionally, you may evaluate how the addition of Whirlpool to your portfolios can decrease your overall portfolio volatility.