WPP Total Assets vs Property Plant Equipment Analysis

WPP Stock  USD 51.48  0.07  0.14%   
WPP PLC financial indicator trend analysis is more than just analyzing WPP PLC ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WPP PLC ADR is a good investment. Please check the relationship between WPP PLC Total Assets and its Property Plant Equipment accounts. 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.

Total Assets vs Property Plant Equipment

Total Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WPP PLC ADR Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between WPP PLC's Total Assets and Property Plant Equipment is 0.14. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of WPP PLC ADR, assuming nothing else is changed. The correlation between historical values of WPP PLC's Total Assets and Property Plant Equipment 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 WPP PLC ADR are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., WPP PLC's Total Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Property Plant Equipment

Most indicators from WPP PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 24.71, while Issuance Of Capital Stock is likely to drop slightly above 665 K.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.5B2.5B4.5B
Total Revenue12.8B14.4B14.8B15.6B

WPP PLC fundamental ratios Correlations

0.730.730.930.720.350.560.590.50.910.130.50.390.240.980.240.260.20.960.230.930.340.780.910.840.74
0.730.510.890.170.530.310.10.930.4-0.130.930.380.520.70.10.370.040.850.420.930.860.290.680.480.42
0.730.510.740.370.450.520.170.280.66-0.160.280.390.360.770.090.330.30.760.360.690.120.450.820.570.58
0.930.890.740.410.560.540.310.680.720.010.680.480.490.930.110.440.10.990.440.980.560.540.930.730.69
0.720.170.370.41-0.220.310.870.010.880.320.00.01-0.340.660.39-0.180.310.49-0.290.45-0.130.90.460.690.52
0.350.530.450.56-0.220.62-0.250.410.120.040.420.640.980.4-0.420.46-0.160.520.970.510.34-0.180.610.360.49
0.560.310.520.540.310.620.170.010.580.20.020.530.480.6-0.470.480.170.570.660.45-0.040.270.720.620.74
0.590.10.170.310.87-0.250.17-0.020.740.62-0.03-0.05-0.340.540.41-0.06-0.190.39-0.320.35-0.140.860.330.630.41
0.50.930.280.680.010.410.01-0.020.12-0.221.00.260.460.430.140.28-0.030.620.310.770.960.110.380.280.19
0.910.40.660.720.880.120.580.740.120.260.120.28-0.020.910.250.120.260.790.040.69-0.040.890.810.840.74
0.13-0.13-0.160.010.320.040.20.62-0.220.26-0.22-0.150.00.11-0.120.11-0.590.040.080.0-0.230.210.10.290.25
0.50.930.280.680.00.420.02-0.031.00.12-0.220.270.460.440.120.29-0.030.620.320.770.960.10.390.280.2
0.390.380.390.480.010.640.53-0.050.260.28-0.150.270.630.44-0.30.36-0.020.480.630.430.180.090.510.510.58
0.240.520.360.49-0.340.980.48-0.340.46-0.020.00.460.630.29-0.440.44-0.230.440.960.450.39-0.30.50.270.4
0.980.70.770.930.660.40.60.540.430.910.110.440.440.290.180.280.160.960.290.90.260.750.950.840.76
0.240.10.090.110.39-0.42-0.470.410.140.25-0.120.12-0.3-0.440.18-0.390.040.14-0.640.180.050.530.0-0.08-0.36
0.260.370.330.44-0.180.460.48-0.060.280.120.110.290.360.440.28-0.39-0.280.40.50.360.290.00.440.350.43
0.20.040.30.10.31-0.160.17-0.19-0.030.26-0.59-0.03-0.02-0.230.160.04-0.280.12-0.140.11-0.050.140.140.070.13
0.960.850.760.990.490.520.570.390.620.790.040.620.480.440.960.140.40.120.40.980.480.620.950.770.72
0.230.420.360.44-0.290.970.66-0.320.310.040.080.320.630.960.29-0.640.5-0.140.40.380.27-0.30.510.340.52
0.930.930.690.980.450.510.450.350.770.690.00.770.430.450.90.180.360.110.980.380.630.550.870.720.64
0.340.860.120.56-0.130.34-0.04-0.140.96-0.04-0.230.960.180.390.260.050.29-0.050.480.270.63-0.030.230.130.07
0.780.290.450.540.9-0.180.270.860.110.890.210.10.09-0.30.750.530.00.140.62-0.30.55-0.030.560.710.5
0.910.680.820.930.460.610.720.330.380.810.10.390.510.50.950.00.440.140.950.510.870.230.560.780.79
0.840.480.570.730.690.360.620.630.280.840.290.280.510.270.84-0.080.350.070.770.340.720.130.710.780.94
0.740.420.580.690.520.490.740.410.190.740.250.20.580.40.76-0.360.430.130.720.520.640.070.50.790.94
Click cells to compare fundamentals

WPP PLC Account Relationship Matchups

WPP PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.3B36.2B27.9B28.8B26.6B16.9B
Short Long Term Debt Total6.8B15.8B6.8B7.2B6.9B3.7B
Other Current Liab3.7B3.7B4.7B4.7B3.8B2.0B
Total Current Liabilities15.6B23.1B16.5B17.7B16.3B8.9B
Total Stockholder Equity8.1B4.8B3.6B3.7B3.4B3.9B
Property Plant And Equipment Net2.6B2.3B2.3B2.5B2.2B2.3B
Net Debt3.8B2.9B2.9B4.7B4.7B4.9B
Retained Earnings9.0B5.1B4.4B3.8B3.5B4.0B
Cash3.0B12.9B3.9B2.5B2.0B1.9B
Non Current Assets Total15.9B12.2B12.5B13.7B12.9B8.7B
Non Currrent Assets Other1.0B27.6M49.6M78M610.1M424.7M
Cash And Short Term Investments3.0B12.9B3.9B2.5B2.2B1.9B
Net Receivables11.7B10.8B11.2B12.4B11.5B12.1B
Common Stock Shares Outstanding1.3B1.2B1.2B1.1B1.1B1.1B
Liabilities And Stockholders Equity31.3B36.2B27.9B28.8B26.6B16.9B
Non Current Liabilities Total7.3B7.9B7.3B7.0B6.8B3.9B
Inventory349.5M22.8M254M1.0(11.5B)(10.9B)
Other Current Assets772.4M11.1B11.5B12.6B11.7B12.3B
Other Stockholder Equity(1.1B)(240.5M)(1.2B)(193M)(226.9M)(215.6M)
Total Liab22.9B31.0B23.8B24.7B22.8B12.8B
Property Plant And Equipment Gross2.6B2.3B2.3B2.5B3.0B3.1B
Total Current Assets15.4B24.0B15.3B15.1B13.9B8.2B
Accumulated Other Comprehensive Income(169.9M)191.2M(335.9M)285.2M186.6M195.9M
Short Term Debt763.5M8.9B846.9M1.5B1.2B1.0B
Intangible Assets1.5B1.4B1.4B1.5B849.9M807.4M
Accounts Payable10.1B10.2B10.6B11.2B10.8B6.4B
Common Stock132.8M129.6M122.4M114.1M131.2M126.4M
Other Liab1.2B1.1B1.3B1.2B1.4B1.9B
Current Deferred Revenue1.0B1.2B1.3B1.6B1.3B1.1B
Other Assets15.9B393.9M540.7M322.1M(266.5M)(253.2M)
Long Term Debt4.0B5.0B4.2B3.8B3.8B4.8B
Good Will10.2B7.4B7.6B8.5B8.4B8.9B
Property Plant Equipment2.6B2.3B2.3B2.5B2.9B3.1B
Short Term Investments863.6M2.8B1.1B219.9M207.2M196.8M
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 Debt461.3M8.6B567.2M1.2B946.3M899.0M
Long Term Debt Total6.0B6.8B6.0B5.7B6.6B5.8B

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

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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.
Pair CorrelationCorrelation Matching

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.