Workspace Property Plant And Equipment Net vs Retained Earnings Analysis

WKP Stock   439.50  1.00  0.23%   
Workspace Group financial indicator trend analysis is more than just analyzing Workspace Group PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workspace Group PLC is a good investment. Please check the relationship between Workspace Group Property Plant And Equipment Net and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workspace Group PLC. 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.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workspace Group PLC Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Workspace Group's Property Plant And Equipment Net and Retained Earnings is 0.71. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Workspace Group PLC, assuming nothing else is changed. The correlation between historical values of Workspace Group's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Workspace Group PLC 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 Property Plant And Equipment Net i.e., Workspace Group's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Workspace Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workspace Group PLC 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 Workspace Group PLC. 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.
The current year's Selling General Administrative is expected to grow to about 30.5 M. The current year's Tax Provision is expected to grow to about 362.2 K
 2022 2024 2025 (projected)
Interest Expense34.8M38.4M40.3M
Depreciation And Amortization2.3M2.6M2.8M

Workspace Group fundamental ratios Correlations

0.880.920.680.970.440.850.890.760.31.00.090.30.840.870.850.670.940.88-0.380.77-0.090.860.350.840.54
0.880.930.710.720.060.990.570.770.210.870.410.220.770.830.990.780.91.0-0.210.80.010.810.180.740.8
0.920.930.630.830.130.910.710.680.210.920.370.220.850.890.930.640.90.93-0.220.69-0.10.870.190.780.65
0.680.710.630.60.380.610.520.740.760.660.110.760.540.560.60.430.690.72-0.20.910.050.550.170.630.35
0.970.720.830.60.60.690.980.680.310.97-0.080.310.80.810.70.550.860.74-0.430.67-0.140.80.40.810.36
0.440.060.130.380.60.00.710.430.440.44-0.730.440.260.21-0.020.060.290.08-0.320.34-0.120.210.320.49-0.37
0.850.990.910.610.690.00.540.740.070.850.420.070.750.821.00.820.870.99-0.210.72-0.010.80.180.710.86
0.890.570.710.520.980.710.540.590.310.9-0.240.310.720.710.540.420.750.58-0.450.56-0.170.70.430.760.18
0.760.770.680.740.680.430.740.590.30.740.010.30.60.640.710.810.760.78-0.290.840.00.620.270.70.52
0.30.210.210.760.310.440.070.310.30.260.021.00.220.180.08-0.150.340.22-0.050.630.110.190.040.33-0.24
1.00.870.920.660.970.440.850.90.740.260.090.270.850.880.850.660.930.88-0.380.74-0.10.860.350.840.54
0.090.410.370.11-0.08-0.730.42-0.240.010.020.090.020.150.210.450.190.30.40.060.220.040.19-0.070.010.53
0.30.220.220.760.310.440.070.310.31.00.270.020.230.180.09-0.150.340.22-0.050.630.110.190.040.33-0.24
0.840.770.850.540.80.260.750.720.60.220.850.150.230.990.770.530.730.78-0.140.60.111.00.10.730.45
0.870.830.890.560.810.210.820.710.640.180.880.210.180.990.830.60.770.83-0.190.630.091.00.150.740.55
0.850.990.930.60.7-0.021.00.540.710.080.850.450.090.770.830.790.880.99-0.190.710.00.820.170.710.84
0.670.780.640.430.550.060.820.420.81-0.150.660.19-0.150.530.60.790.710.78-0.190.67-0.140.590.180.490.83
0.940.90.90.690.860.290.870.750.760.340.930.30.340.730.770.880.710.9-0.350.83-0.110.750.320.760.61
0.881.00.930.720.740.080.990.580.780.220.880.40.220.780.830.990.780.9-0.210.80.010.820.190.750.79
-0.38-0.21-0.22-0.2-0.43-0.32-0.21-0.45-0.29-0.05-0.380.06-0.05-0.14-0.19-0.19-0.19-0.35-0.21-0.21-0.17-0.15-1.0-0.26-0.14
0.770.80.690.910.670.340.720.560.840.630.740.220.630.60.630.710.670.830.8-0.21-0.010.620.190.640.5
-0.090.01-0.10.05-0.14-0.12-0.01-0.170.00.11-0.10.040.110.110.090.0-0.14-0.110.01-0.17-0.010.110.15-0.040.04
0.860.810.870.550.80.210.80.70.620.190.860.190.191.01.00.820.590.750.82-0.150.620.110.110.730.53
0.350.180.190.170.40.320.180.430.270.040.35-0.070.040.10.150.170.180.320.19-1.00.190.150.110.240.13
0.840.740.780.630.810.490.710.760.70.330.840.010.330.730.740.710.490.760.75-0.260.64-0.040.730.240.34
0.540.80.650.350.36-0.370.860.180.52-0.240.540.53-0.240.450.550.840.830.610.79-0.140.50.040.530.130.34
Click cells to compare fundamentals

Workspace Group Account Relationship Matchups

Workspace Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.6B2.5B2.8B2.5B2.9B3.1B
Short Long Term Debt Total779.1M626.5M943.6M889.5M1.0B1.1B
Other Current Liab71.5M72.6M63.1M80.8M92.9M97.6M
Total Current Liabilities251.6M85.8M157.6M93M107.0M112.3M
Total Stockholder Equity1.7B1.8B1.8B1.5B1.8B1.9B
Property Plant And Equipment Net2.4B2.4B2.6B3M3.5M3.3M
Net Debt588.1M577.5M925.1M877.9M1.0B1.1B
Retained Earnings1.2B1.3B1.2B977.3M1.1B1.2B
Accounts Payable10.4M13.2M15.4M7.4M8.5M8.9M
Cash191M49M18.5M11.6M13.3M16.8M
Non Current Assets Total2.4B2.4B2.7B2.4B2.8B2.9B
Non Currrent Assets Other(500K)(400K)(2.7B)2.4B2.2B2.3B
Cash And Short Term Investments191M49M18.5M11.6M13.3M18.0M
Common Stock Shares Outstanding180.8M182.0M190.5M191.7M220.4M231.4M
Liabilities And Stockholders Equity2.6B2.5B2.8B2.5B2.9B3.1B
Non Current Liabilities Total596.2M595.5M859.1M889.5M1.0B1.1B
Other Current Assets17.9M82.7M156.5M83.7M96.3M101.1M
Other Stockholder Equity285.9M294.3M285.6M286.7M329.7M346.2M
Total Liab874.1M712.3M1.1B982.5M1.1B1.2B
Property Plant And Equipment Gross4M9.5M12.5M8.2M7.4M7.0M
Total Current Assets220.3M138.4M187.3M114M131.1M137.7M
Short Term Debt147.1M8.2M36.4M85.6M98.4M103.4M
Accumulated Other Comprehensive Income24.4M23.9M25.7M93M107.0M112.3M
Other Assets19.1M9.1M300K2.5B2.9B3.1B
Long Term Debt596.2M595.5M859.1M854.8M983.0M1.0B
Property Plant Equipment2.6B2.6B2.4B2.4B2.7B2.9B
Current Deferred Revenue9.5M8.2M13.4M12.1M13.9M14.6M
Intangible Assets2M2.4M1.9M2.2M2.5M2.7M
Net Receivables29.3M6.7M12.3M18.7M21.5M22.6M
Net Tangible Assets2.0B2.0B1.7B1.8B2.1B1.7B
Capital Lease Obligations28.2M26.3M31M34.7M39.9M26.7M

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Other Information on Investing in Workspace Stock

Balance Sheet is a snapshot of the financial position of Workspace Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Workspace Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Workspace Group 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 Workspace currently owns. An asset can also be divided into two categories, current and non-current.