WMT Stock | | | USD 90.44 2.05 2.32% |
Walmart financial indicator trend analysis is more than just analyzing Walmart current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walmart is a good investment. Please check the relationship between Walmart Payables Turnover and its Ptb Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. 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 more information on how to buy Walmart Stock please use our
How to Invest in Walmart guide.
Payables Turnover vs Ptb Ratio
Payables Turnover vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Walmart Payables Turnover account and
Ptb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Walmart's Payables Turnover and Ptb Ratio is 0.25. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Payables Turnover and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Walmart are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Payables Turnover i.e., Walmart's Payables Turnover and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Walmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walmart 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 Walmart. 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 more information on how to buy Walmart Stock please use our
How to Invest in Walmart guide.At this time, Walmart's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 13.88 in 2024, whereas
Tax Provision is likely to drop slightly above 4.4
B in 2024.
Walmart fundamental ratios Correlations
Click cells to compare fundamentals
Walmart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Walmart fundamental ratios Accounts
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Additional Tools for Walmart Stock Analysis
When running Walmart's price analysis, check to
measure Walmart'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 Walmart is operating at the current time. Most of Walmart's value examination focuses on studying past and present price action to
predict the probability of Walmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walmart's price. Additionally, you may evaluate how the addition of Walmart to your portfolios can decrease your overall portfolio volatility.