Williams Total Assets vs Total Current Liabilities Analysis
WMB Stock | USD 59.74 1.04 1.77% |
Williams Companies financial indicator trend analysis is more than just analyzing Williams Companies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Williams Companies is a good investment. Please check the relationship between Williams Companies Total Assets and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Williams Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Williams Stock refer to our How to Trade Williams Stock guide.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Williams Companies Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Williams Companies' Total Assets and Total Current Liabilities is 0.61. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Williams Companies, assuming nothing else is changed. The correlation between historical values of Williams Companies' Total Assets and Total Current Liabilities 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 Assets of Williams Companies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Williams Companies' Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Williams Companies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Williams Companies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Williams Companies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Williams Companies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Williams Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Williams Companies 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 Williams Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Williams Stock refer to our How to Trade Williams Stock guide.At present, Williams Companies' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 935.5 M, whereas Discontinued Operations is forecasted to decline to (18.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.2B | 3.7B | 4.8B | 3.8B | Total Revenue | 10.6B | 11.0B | 10.9B | 7.9B |
Williams Companies fundamental ratios Correlations
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Williams Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Williams Companies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 637.1M | |
Total Assets | 46.0B | 44.2B | 47.6B | 48.4B | 52.6B | 35.0B | |
Short Long Term Debt Total | 22.3B | 22.3B | 23.7B | 22.9B | 26.5B | 14.8B | |
Other Current Liab | 1.1B | 787M | 1.0B | 1.4B | 1.2B | 1.7B | |
Total Current Liabilities | 4.0B | 2.3B | 5.0B | 4.9B | 5.8B | 3.7B | |
Total Stockholder Equity | 13.4B | 11.8B | 11.4B | 11.5B | 12.4B | 7.5B | |
Property Plant And Equipment Net | 29.2B | 28.9B | 29.3B | 30.9B | 34.3B | 21.1B | |
Net Debt | 22.0B | 22.2B | 22.0B | 22.8B | 24.3B | 13.8B | |
Retained Earnings | (11.0B) | (12.7B) | (13.2B) | (13.3B) | (12.3B) | (11.7B) | |
Accounts Payable | 552M | 482M | 1.7B | 2.3B | 1.4B | 949.3M | |
Cash | 289M | 142M | 1.7B | 152M | 2.2B | 2.3B | |
Non Current Assets Total | 44.5B | 42.7B | 43.1B | 44.6B | 48.1B | 30.0B | |
Non Currrent Assets Other | (716M) | (719M) | (1.2B) | (1.6B) | 1.6B | 1.7B | |
Cash And Short Term Investments | 289M | 142M | 1.7B | 152M | 2.2B | 2.3B | |
Net Receivables | 996M | 999M | 2.0B | 2.7B | 1.7B | 1.1B | |
Common Stock Total Equity | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B | 1.5B | |
Liabilities And Stockholders Equity | 46.0B | 44.2B | 47.6B | 48.4B | 52.6B | 35.0B | |
Non Current Liabilities Total | 25.7B | 27.3B | 28.5B | 29.5B | 31.9B | 20.0B | |
Inventory | 125M | 136M | 379M | 320M | 274M | 228.4M | |
Other Current Assets | 170M | 152M | 512M | 602M | 434M | 412.3M | |
Other Stockholder Equity | 23.3B | 23.3B | 23.4B | 23.5B | 23.4B | 24.6B | |
Total Liab | 29.7B | 29.6B | 33.5B | 34.4B | 37.7B | 25.0B | |
Property Plant And Equipment Gross | 29.2B | 28.9B | 44.2B | 47.1B | 51.8B | 54.4B | |
Total Current Assets | 1.6B | 1.4B | 4.5B | 3.8B | 4.5B | 3.6B | |
Accumulated Other Comprehensive Income | (199M) | (96M) | (33M) | (24M) | (1.3B) | (1.2B) | |
Short Term Debt | 2.1B | 921M | 2.0B | 1.0B | 3.1B | 3.2B | |
Common Stock | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 753.6M | |
Other Liab | 5.4B | 5.8B | 6.9B | 7.4B | 8.5B | 4.4B | |
Other Assets | 859M | 6.4B | 1.3B | 1.3B | 1.2B | 1.7B | |
Long Term Debt | 20.1B | 21.5B | 21.7B | 21.9B | 23.4B | 15.9B | |
Property Plant Equipment | 29.2B | 28.9B | 29.3B | 30.9B | 35.5B | 23.1B | |
Intangible Assets | 8.0B | 7.4B | 7.4B | 7.4B | 7.1B | 4.6B | |
Current Deferred Revenue | 158M | 129M | 134M | 141M | 159M | 151.1M | |
Net Tangible Assets | 5.4B | 4.3B | 4.0B | 4.1B | 3.7B | 2.0B | |
Noncontrolling Interest In Consolidated Entity | 1.3B | 3.0B | 2.8B | 2.7B | 3.1B | 4.8B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Williams Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Williams Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Williams Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Williams Companies Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Williams Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Williams Stock refer to our How to Trade Williams Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Storage & Transportation 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 Williams Companies. If investors know Williams 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 Williams Companies 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 0.077 | Dividend Share 1.873 | Earnings Share 2.36 | Revenue Per Share 8.507 | Quarterly Revenue Growth 0.045 |
The market value of Williams Companies is measured differently than its book value, which is the value of Williams that is recorded on the company's balance sheet. Investors also form their own opinion of Williams Companies' value that differs from its market value or its book value, called intrinsic value, which is Williams Companies' 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 Williams Companies' market value can be influenced by many factors that don't directly affect Williams Companies' 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 Williams Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Williams Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Williams Companies' 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.