WPP Historical Balance Sheet
WPP Stock | USD 53.20 0.83 1.58% |
Trend analysis of WPP PLC ADR balance sheet accounts such as Total Assets of 16.9 B, Short Long Term Debt Total of 3.7 B, Other Current Liabilities of 2 B or Total Current Liabilities of 8.9 B provides information on WPP PLC's total assets, liabilities, and equity, which is the actual value of WPP PLC ADR to its prevalent stockholders. By breaking down trends over time using WPP PLC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining WPP PLC ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WPP PLC ADR is a good buy for the upcoming year.
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About WPP Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of WPP PLC ADR at a specified time, usually calculated after every quarter, six months, or one year. WPP PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WPP PLC 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 WPP currently owns. An asset can also be divided into two categories, current and non-current.
WPP PLC Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of WPP PLC 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 WPP PLC ADR 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 WPP PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of WPP PLC ADR 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most accounts from WPP PLC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into WPP PLC ADR current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 WPP PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, WPP PLC's Other Liabilities is relatively stable compared to the past year. As of 11/25/2024, Long Term Debt is likely to grow to about 4.8 B, while Other Current Liabilities is likely to drop slightly above 2 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.8B | 7.2B | 6.9B | 3.7B | Total Assets | 27.9B | 28.8B | 26.6B | 16.9B |
WPP PLC balance sheet Correlations
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WPP PLC Account Relationship Matchups
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WPP PLC balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.3B | 36.2B | 27.9B | 28.8B | 26.6B | 16.9B | |
Short Long Term Debt Total | 6.8B | 15.8B | 6.8B | 7.2B | 6.9B | 3.7B | |
Other Current Liab | 3.7B | 3.7B | 4.7B | 4.7B | 3.8B | 2.0B | |
Total Current Liabilities | 15.6B | 23.2B | 16.5B | 17.7B | 16.3B | 8.9B | |
Total Stockholder Equity | 8.1B | 4.7B | 3.6B | 3.7B | 3.4B | 3.9B | |
Property Plant And Equipment Net | 2.6B | 2.3B | 2.3B | 2.5B | 2.2B | 2.3B | |
Net Debt | 3.8B | 2.9B | 2.9B | 4.7B | 4.7B | 4.9B | |
Retained Earnings | 9.0B | 5.0B | 4.4B | 3.8B | 3.5B | 4.0B | |
Cash | 3.0B | 12.9B | 3.9B | 2.5B | 2.2B | 1.9B | |
Non Current Assets Total | 15.9B | 12.2B | 12.5B | 13.7B | 12.7B | 8.7B | |
Non Currrent Assets Other | 1.0B | 899M | 930.4M | 967.6M | 610.1M | 503.2M | |
Cash And Short Term Investments | 3.0B | 12.9B | 3.9B | 2.5B | 2.2B | 1.9B | |
Net Receivables | 11.7B | 10.8B | 11.2B | 12.4B | 7.3B | 4.6B | |
Common Stock Shares Outstanding | 1.3B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | |
Liabilities And Stockholders Equity | 31.3B | 36.2B | 27.9B | 28.8B | 26.6B | 16.9B | |
Non Current Liabilities Total | 7.3B | 7.9B | 7.3B | 7.0B | 6.5B | 3.9B | |
Inventory | 349.5M | 22.8M | 254M | 1.0 | (11.5B) | (10.9B) | |
Other Current Assets | 772.4M | 11.1B | 11.5B | 12.6B | 4.4B | 3.6B | |
Other Stockholder Equity | (1.1B) | (356.8M) | (873.3M) | (193M) | (413.5M) | (392.8M) | |
Total Liab | 22.9B | 31.1B | 23.8B | 24.7B | 22.8B | 12.8B | |
Property Plant And Equipment Gross | 2.6B | 2.3B | 2.3B | 2.5B | 3.0B | 3.1B | |
Total Current Assets | 15.4B | 24.0B | 15.3B | 15.1B | 13.9B | 8.2B | |
Accumulated Other Comprehensive Income | (169.9M) | 191.2M | (335.9M) | 285.2M | 186.6M | 195.9M | |
Short Term Debt | 763.5M | 8.9B | 846.9M | 1.5B | 1.2B | 1.0B | |
Intangible Assets | 1.5B | 1.4B | 1.4B | 1.5B | 849.9M | 807.4M | |
Accounts Payable | 10.1B | 10.2B | 10.6B | 11.2B | 10.8B | 6.4B | |
Common Stock | 132.8M | 129.6M | 122.4M | 114.1M | 131.2M | 126.4M | |
Other Liab | 1.2B | 1.1B | 1.3B | 1.2B | 1.4B | 1.9B | |
Current Deferred Revenue | 1.0B | 1.2B | 1.3B | 1.6B | 1.3B | 1.1B | |
Other Assets | 15.9B | 393.9M | 540.7M | 322.1M | (266.5M) | (253.2M) | |
Long Term Debt | 4.0B | 5.0B | 4.2B | 3.8B | 3.8B | 4.8B | |
Good Will | 10.2B | 7.4B | 7.6B | 8.5B | 8.4B | 8.9B | |
Property Plant Equipment | 2.6B | 2.3B | 2.3B | 2.5B | 2.9B | 3.1B | |
Short Term Investments | 863.6M | 2.8B | 1.1B | 219.9M | 207.2M | 196.8M | |
Treasury Stock | (1.3B) | (1.2B) | (1.1B) | (1.1B) | (1.0B) | (950.8M) | |
Net Tangible Assets | (3.5B) | (3.9B) | (5.4B) | (6.2B) | (5.6B) | (5.9B) | |
Short Long Term Debt | 461.3M | 8.6B | 567.2M | 1.2B | 946.3M | 899.0M | |
Long Term Debt Total | 6.0B | 6.8B | 6.0B | 5.7B | 6.6B | 5.8B |
Pair Trading with WPP PLC
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 WPP PLC 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 WPP PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with WPP Stock
Moving against WPP Stock
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The ability to find closely correlated positions to WPP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WPP PLC 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 WPP PLC - 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 WPP PLC ADR to buy it.
The correlation of WPP PLC 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 WPP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WPP PLC ADR 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 WPP PLC 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.Additional Tools for WPP Stock Analysis
When running WPP PLC's price analysis, check to measure WPP PLC'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 WPP PLC is operating at the current time. Most of WPP PLC's value examination focuses on studying past and present price action to predict the probability of WPP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPP PLC's price. Additionally, you may evaluate how the addition of WPP PLC to your portfolios can decrease your overall portfolio volatility.