Willscot Net Tangible Assets vs Intangible Assets Analysis
WSC Stock | USD 35.44 0.51 1.46% |
Willscot Mobile financial indicator trend analysis is more than just analyzing Willscot Mobile Mini current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Willscot Mobile Mini is a good investment. Please check the relationship between Willscot Mobile Net Tangible Assets and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willscot Mobile Mini. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Tangible Assets vs Intangible Assets
Net Tangible Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willscot Mobile Mini Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Willscot Mobile's Net Tangible Assets and Intangible Assets is 0.59. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Willscot Mobile Mini, assuming nothing else is changed. The correlation between historical values of Willscot Mobile's Net Tangible Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Willscot Mobile Mini are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Willscot Mobile's Net Tangible Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Willscot Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Willscot Mobile Mini 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 Willscot Mobile Mini. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At present, Willscot Mobile's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 21.31, whereas Discontinued Operations is projected to grow to (30.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 1.5B | 1.6B | 1.7B | 936.6M | Gross Profit | 968.2M | 1.1B | 1.3B | 1.4B |
Willscot Mobile fundamental ratios Correlations
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Willscot Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Willscot Mobile fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 108.7M | 177.3M | 232.8M | 221.4M | 201.8M | 136.1M | |
Total Assets | 2.9B | 5.6B | 5.8B | 5.8B | 6.1B | 3.8B | |
Other Current Liab | 98.4M | 141.7M | 361.4M | 186.3M | 175.2M | 136.8M | |
Total Current Liabilities | 320.4M | 448.7M | 517.6M | 561.9M | 562.0M | 346.6M | |
Total Stockholder Equity | 644.4M | 2.1B | 2.0B | 1.6B | 1.3B | 1.2B | |
Other Liab | 108.3M | 344.7M | 370.6M | 467.7M | 537.9M | 564.8M | |
Net Tangible Assets | 282.6M | 474.1M | 357.3M | 134.7M | 155.0M | 201.6M | |
Net Debt | 1.8B | 2.7B | 2.9B | 3.3B | 3.8B | 2.0B | |
Retained Earnings | (1.7B) | (1.6B) | (1.6B) | (1.3B) | (775.1M) | (813.8M) | |
Accounts Payable | 109.9M | 106.9M | 102.6M | 108.1M | 86.1M | 91.5M | |
Cash | 3.0M | 24.9M | 12.7M | 7.4M | 11.0M | 9.6M | |
Non Current Assets Total | 2.6B | 5.2B | 5.3B | 5.3B | 5.6B | 3.5B | |
Non Currrent Assets Other | 4.4M | 16.1M | 10.9M | 274.7M | 4.6M | 4.4M | |
Other Assets | 1.9B | 2.9B | 3.1B | 3.4B | 3.9B | 2.2B | |
Long Term Debt | 1.6B | 2.5B | 2.7B | 3.1B | 3.5B | 2.2B | |
Cash And Short Term Investments | 3.0M | 24.9M | 12.7M | 7.4M | 11.0M | 9.6M | |
Net Receivables | 247.6M | 330.9M | 351.3M | 409.8M | 451.1M | 282.0M | |
Good Will | 235.2M | 1.2B | 1.2B | 1.0B | 1.2B | 631.6M | |
Retained Earnings Total Equity | (1.7B) | (1.6B) | (1.6B) | (1.3B) | (1.1B) | (1.2B) | |
Liabilities And Stockholders Equity | 2.9B | 5.6B | 5.8B | 5.8B | 6.1B | 3.8B | |
Non Current Liabilities Total | 1.9B | 3.0B | 3.3B | 3.7B | 4.3B | 2.3B | |
Capital Surpluse | 2.4B | 3.8B | 3.6B | 2.9B | 3.3B | 2.4B | |
Inventory | 15.4M | 21.7M | 32.7M | 41.0M | 47.4M | 25.0M | |
Other Current Assets | 8.9M | 37.3M | 95.6M | 62.9M | 59.6M | 35.3M | |
Other Stockholder Equity | 2.4B | 3.9B | 3.6B | 2.9B | 2.1B | 2.4B | |
Total Liab | 2.2B | 3.4B | 3.8B | 4.3B | 4.9B | 2.6B | |
Deferred Long Term Liab | 2.1M | 7.9M | 6.2M | 2.5M | 2.3M | 2.1M | |
Short Long Term Debt | 5.3M | 16.5M | 18.1M | 13.3M | 18.8M | 11.3M | |
Total Current Assets | 292.6M | 419.5M | 483.0M | 521.0M | 569.1M | 326.4M | |
Accumulated Other Comprehensive Income | (62.8M) | (37.2M) | (29.1M) | (70.1M) | (52.8M) | (55.4M) | |
Short Term Debt | 29.1M | 64.6M | 53.7M | 63.8M | 76.2M | 80.0M | |
Intangible Assets | 126.6M | 495.9M | 460.7M | 419.1M | 419.7M | 301.0M | |
Property Plant Equipment | 294.4M | 535.7M | 3.1B | 3.1B | 3.5B | 3.7B | |
Non Current Liabilities Other | 34.2M | 528.5M | 564.9M | 637.4M | 34.0M | 32.3M | |
Short Long Term Debt Total | 1.8B | 2.7B | 3.0B | 3.3B | 3.8B | 2.6B |
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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 Willscot Mobile Mini offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Willscot Mobile's 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 Willscot Mobile Mini Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willscot Mobile Mini Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willscot Mobile Mini. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Construction & Engineering 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 Willscot Mobile. If investors know Willscot 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 Willscot Mobile 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 (0.71) | Earnings Share 0.12 | Revenue Per Share 12.675 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0592 |
The market value of Willscot Mobile Mini is measured differently than its book value, which is the value of Willscot that is recorded on the company's balance sheet. Investors also form their own opinion of Willscot Mobile's value that differs from its market value or its book value, called intrinsic value, which is Willscot Mobile's 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 Willscot Mobile's market value can be influenced by many factors that don't directly affect Willscot Mobile's 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 Willscot Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willscot Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willscot Mobile's 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.