Walmart Total Stockholder Equity vs Non Current Assets Total Analysis

WMT Stock  USD 88.39  1.21  1.39%   
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 Total Stockholder Equity and its Non Current Assets Total 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walmart Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Walmart's Total Stockholder Equity and Non Current Assets Total is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Total Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Walmart are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Walmart's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
 2021 2022 2023 2024 (projected)
Total Revenue572.8B611.3B648.1B680.5B
Depreciation And Amortization10.7B10.9B11.9B12.4B

Walmart fundamental ratios Correlations

0.960.510.810.950.950.910.950.790.990.380.790.73-0.870.960.960.330.570.830.970.490.170.97-0.010.290.34
0.960.390.750.890.930.980.880.730.970.370.730.67-0.790.970.890.290.520.80.890.570.170.890.060.360.32
0.510.390.760.390.320.290.450.610.460.550.610.62-0.780.510.470.490.660.740.59-0.08-0.480.61-0.47-0.370.27
0.810.750.760.750.720.70.730.670.790.530.670.93-0.90.770.810.340.850.990.820.4-0.060.84-0.120.110.56
0.950.890.390.750.980.860.980.710.950.310.710.7-0.760.860.950.230.460.750.910.560.420.890.020.490.45
0.950.930.320.720.980.930.960.610.970.240.610.69-0.740.880.930.130.460.740.860.620.420.880.070.490.47
0.910.980.290.70.860.930.840.580.950.260.580.64-0.740.930.850.150.480.760.790.640.240.840.110.40.35
0.950.880.450.730.980.960.840.710.950.330.710.65-0.80.870.930.260.40.740.90.460.340.9-0.060.410.41
0.790.730.610.670.710.610.580.710.730.611.00.55-0.720.790.710.670.480.690.90.15-0.110.76-0.130.080.09
0.990.970.460.790.950.970.950.950.730.350.730.71-0.860.960.960.250.550.810.930.530.20.960.010.320.35
0.380.370.550.530.310.240.260.330.610.350.610.42-0.520.420.260.480.40.550.44-0.02-0.310.42-0.18-0.170.22
0.790.730.610.670.710.610.580.711.00.730.610.55-0.720.790.710.670.480.690.90.15-0.110.76-0.130.080.09
0.730.670.620.930.70.690.640.650.550.710.420.55-0.780.670.790.10.890.920.730.390.010.75-0.060.170.73
-0.87-0.79-0.78-0.9-0.76-0.74-0.74-0.8-0.72-0.86-0.52-0.72-0.78-0.86-0.85-0.32-0.7-0.9-0.86-0.240.23-0.940.270.11-0.33
0.960.970.510.770.860.880.930.870.790.960.420.790.67-0.860.890.360.570.820.920.380.00.920.030.190.27
0.960.890.470.810.950.930.850.930.710.960.260.710.79-0.850.890.150.620.80.930.480.210.96-0.030.290.41
0.330.290.490.340.230.130.150.260.670.250.480.670.1-0.320.360.150.140.330.49-0.05-0.20.28-0.09-0.08-0.13
0.570.520.660.850.460.460.480.40.480.550.40.480.89-0.70.570.620.140.840.60.18-0.260.650.08-0.10.52
0.830.80.740.990.750.740.760.740.690.810.550.690.92-0.90.820.80.330.840.820.37-0.090.84-0.080.120.56
0.970.890.590.820.910.860.790.90.90.930.440.90.73-0.860.920.930.490.60.820.380.080.94-0.070.210.29
0.490.57-0.080.40.560.620.640.460.150.53-0.020.150.39-0.240.380.48-0.050.180.370.380.570.38-0.020.610.28
0.170.17-0.48-0.060.420.420.240.34-0.110.2-0.31-0.110.010.230.00.21-0.2-0.26-0.090.080.570.010.370.90.29
0.970.890.610.840.890.880.840.90.760.960.420.760.75-0.940.920.960.280.650.840.940.380.01-0.080.10.3
-0.010.06-0.47-0.120.020.070.11-0.06-0.130.01-0.18-0.13-0.060.270.03-0.03-0.090.08-0.08-0.07-0.020.37-0.080.450.04
0.290.36-0.370.110.490.490.40.410.080.32-0.170.080.170.110.190.29-0.08-0.10.120.210.610.90.10.450.31
0.340.320.270.560.450.470.350.410.090.350.220.090.73-0.330.270.41-0.130.520.560.290.280.290.30.040.31
Click cells to compare fundamentals

Walmart Account Relationship Matchups

Walmart fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.5B252.5B244.9B243.5B252.4B132.1B
Short Long Term Debt Total72.4B63.2B57.3B58.9B60.4B34.3B
Other Current Liab20.6B35.9B24.4B29.4B29.6B31.1B
Total Current Liabilities77.8B92.6B87.4B92.5B92.4B97.0B
Total Stockholder Equity74.7B81.3B83.3B76.7B83.9B49.4B
Property Plant And Equipment Net127.0B109.8B112.6B119.2B130.3B71.7B
Net Debt63.0B45.5B42.6B50.0B50.6B29.1B
Retained Earnings83.9B88.8B86.9B83.1B89.8B50.0B
Cash9.5B17.7B14.8B8.9B9.9B5.3B
Non Current Assets Total174.7B162.4B163.8B167.5B175.5B90.4B
Non Currrent Assets Other16.6B23.6B22.2B(5.2B)17.1B17.9B
Cash And Short Term Investments9.5B17.7B14.8B8.9B9.9B5.3B
Net Receivables6.3B6.5B8.3B7.9B8.8B9.2B
Common Stock Shares Outstanding8.6B8.5B8.4B8.2B8.1B9.4B
Liabilities And Stockholders Equity236.5B252.5B244.9B243.5B252.4B132.1B
Non Current Liabilities Total77.2B72.3B65.6B67.0B69.4B34.8B
Inventory44.4B44.9B56.5B56.6B54.9B30.6B
Other Current Assets1.6B20.9B1.5B2.5B3.3B2.0B
Other Stockholder Equity3.2B3.6B4.8B5.0B5.1B5.3B
Total Liab154.9B165.0B153.0B159.5B161.8B169.9B
Total Current Assets61.8B90.1B81.1B75.9B76.9B41.7B
Short Term Debt8.2B5.3B5.2B6.6B5.7B5.4B
Intangible Assets5.2B4.9B4.8B4.3B4.1B3.9B
Accounts Payable47.0B49.1B55.3B54.0B56.8B28.9B
Accumulated Other Comprehensive Income(12.8B)(11.4B)(8.8B)(11.7B)(11.3B)(10.7B)
Common Stock284M282M276M269M268M254.6M
Common Stock Total Equity284M282M276M269M242.1M278.4M
Property Plant And Equipment Gross127.0B109.8B112.6B119.2B239.4B251.4B
Other Liab12.3B13.9B13.5B12.6B14.5B15.2B
Other Assets5.4B3.7B22.2B20.1B23.2B24.3B
Long Term Debt43.7B41.2B34.9B34.6B36.1B36.1B
Property Plant Equipment105.2B109.8B112.6B119.2B137.1B102.6B
Current Deferred Revenue2.0B2.3B2.6B2.5B307M291.7M
Good Will31.1B29.0B29.0B28.2B28.1B21.4B
Net Tangible Assets64.1B47.0B54.2B66.4B59.8B45.6B
Noncontrolling Interest In Consolidated Entity6.9B6.6B8.6B7.1B8.1B5.5B
Retained Earnings Total Equity83.9B88.8B86.9B83.1B95.6B88.2B
Long Term Debt Total43.7B45.0B39.1B39.5B35.5B34.1B
Capital Surpluse3.2B3.6B4.8B5.0B5.7B3.6B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.