Willis Good Will vs Total Current Assets Analysis

WTW Stock  USD 314.63  0.23  0.07%   
Willis Towers financial indicator trend analysis is more than just analyzing Willis Towers Watson current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Willis Towers Watson is a good investment. Please check the relationship between Willis Towers Good Will and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willis Towers Watson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willis Towers Watson Good Will account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Willis Towers' Good Will and Total Current Assets is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Willis Towers Watson, assuming nothing else is changed. The correlation between historical values of Willis Towers' Good Will and Total Current 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 Good Will of Willis Towers Watson are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Willis Towers' Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Willis Towers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Willis Towers Watson 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 Willis Towers Watson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Willis Towers' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 304.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue9.0B8.9B9.5B5.2B
Depreciation And Amortization7.6B7.6B610M579.5M

Willis Towers fundamental ratios Correlations

-0.470.060.96-0.540.340.67-0.59-0.62-0.090.580.110.80.57-0.130.750.550.090.59-0.54-0.010.190.31-0.2-0.130.1
-0.470.35-0.630.990.58-0.730.970.94-0.30.140.81-0.870.150.24-0.26-0.480.83-0.770.970.80.760.650.570.10.81
0.060.35-0.010.310.04-0.650.290.34-0.420.250.4-0.190.25-0.28-0.480.060.33-0.170.340.230.40.430.340.130.41
0.96-0.63-0.01-0.70.160.75-0.72-0.75-0.060.4-0.110.870.39-0.230.690.66-0.120.7-0.66-0.230.020.15-0.26-0.13-0.13
-0.540.990.31-0.70.53-0.750.960.97-0.260.140.77-0.880.150.28-0.3-0.530.78-0.790.960.790.690.590.560.110.78
0.340.580.040.160.530.040.450.41-0.260.610.87-0.20.610.240.60.00.91-0.240.510.80.90.890.320.020.85
0.67-0.73-0.650.75-0.750.04-0.75-0.810.150.12-0.380.80.11-0.070.820.45-0.340.65-0.74-0.35-0.28-0.2-0.45-0.22-0.39
-0.590.970.29-0.720.960.45-0.750.91-0.23-0.080.7-0.89-0.070.27-0.36-0.580.73-0.830.940.710.650.50.590.080.71
-0.620.940.34-0.750.970.41-0.810.91-0.310.120.67-0.930.130.12-0.4-0.410.67-0.730.940.640.60.510.570.250.65
-0.09-0.3-0.42-0.06-0.26-0.260.15-0.23-0.31-0.2-0.330.19-0.190.71-0.07-0.22-0.360.1-0.35-0.24-0.45-0.49-0.250.06-0.32
0.580.140.250.40.140.610.12-0.080.12-0.20.540.21.00.050.480.320.50.220.070.440.510.670.080.030.52
0.110.810.4-0.110.770.87-0.380.70.67-0.330.54-0.440.540.260.19-0.270.99-0.530.730.920.950.890.520.010.99
0.8-0.87-0.190.87-0.88-0.20.8-0.89-0.930.190.2-0.440.19-0.120.520.47-0.460.77-0.9-0.43-0.4-0.27-0.49-0.29-0.42
0.570.150.250.390.150.610.11-0.070.13-0.191.00.540.190.070.480.310.50.210.080.450.510.670.090.030.52
-0.130.24-0.28-0.230.280.24-0.070.270.120.710.050.26-0.120.070.03-0.590.23-0.340.150.450.120.030.11-0.320.31
0.75-0.26-0.480.69-0.30.60.82-0.36-0.4-0.070.480.190.520.480.030.390.240.39-0.310.160.280.35-0.19-0.110.16
0.55-0.480.060.66-0.530.00.45-0.58-0.41-0.220.32-0.270.470.31-0.590.39-0.230.8-0.43-0.48-0.050.12-0.130.33-0.33
0.090.830.33-0.120.780.91-0.340.730.67-0.360.50.99-0.460.50.230.24-0.23-0.520.740.910.960.90.520.030.97
0.59-0.77-0.170.7-0.79-0.240.65-0.83-0.730.10.22-0.530.770.21-0.340.390.8-0.52-0.76-0.58-0.4-0.24-0.47-0.07-0.54
-0.540.970.34-0.660.960.51-0.740.940.94-0.350.070.73-0.90.080.15-0.31-0.430.74-0.760.710.70.590.510.150.72
-0.010.80.23-0.230.790.8-0.350.710.64-0.240.440.92-0.430.450.450.16-0.480.91-0.580.710.840.780.39-0.270.95
0.190.760.40.020.690.9-0.280.650.6-0.450.510.95-0.40.510.120.28-0.050.96-0.40.70.840.970.530.030.93
0.310.650.430.150.590.89-0.20.50.51-0.490.670.89-0.270.670.030.350.120.9-0.240.590.780.970.460.050.87
-0.20.570.34-0.260.560.32-0.450.590.57-0.250.080.52-0.490.090.11-0.19-0.130.52-0.470.510.390.530.460.090.5
-0.130.10.13-0.130.110.02-0.220.080.250.060.030.01-0.290.03-0.32-0.110.330.03-0.070.15-0.270.030.050.09-0.09
0.10.810.41-0.130.780.85-0.390.710.65-0.320.520.99-0.420.520.310.16-0.330.97-0.540.720.950.930.870.5-0.09
Click cells to compare fundamentals

Willis Towers Account Relationship Matchups

Willis Towers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets480M38.5B35.0B31.8B29.1B16.1B
Short Long Term Debt Total13.6B6.7B5.5B5.5B5.9B4.6B
Other Current Liab(4.6B)17.2B13.4B14.0B11.3B8.2B
Total Current Liabilities526M19.3B14.7B14.8B12.6B10.0B
Total Stockholder Equity35.4B10.8B13.3B10.0B9.5B9.2B
Property Plant And Equipment Net2.0B1.9B1.6B1.3B1.3B737.3M
Current Deferred Revenue(480M)2.2B1.9B1.9B2.1B2.2B
Net Debt12.7B4.6B785M4.2B4.5B3.6B
Retained Earnings10.2B2.4B4.6B1.8B1.5B1.4B
Accounts Payable318M857M322M329M396M376.2M
Cash895M2.1B4.7B1.3B1.4B856.8M
Non Current Assets Total18.4B18.2B16.5B15.9B15.7B8.8B
Non Currrent Assets Other(19.1B)1.9B2.0B2.0B2.0B2.1B
Cash And Short Term Investments944M2.1B4.7B1.3B1.4B883.9M
Net Receivables3.1B2.4B2.4B2.4B2.6B3.3B
Short Term Investments49M15.2B11.0B43M4M3.8M
Liabilities And Stockholders Equity6.7B38.5B35.0B31.8B29.1B16.9B
Non Current Liabilities Total9.0B8.3B6.9B6.9B6.9B4.3B
Inventory(22.4B)15.2B11.0B(20.7B)(123M)(129.2M)
Other Current Assets35.4B15.9B11.4B12.2B9.6B11.4B
Other Stockholder Equity15.2B10.7B10.8B10.9B10.9B11.5B
Total Liab25.1B27.6B21.7B21.7B19.5B16.9B
Total Current Assets17.0B20.3B18.5B15.8B13.4B13.2B
Accumulated Other Comprehensive Income10.4B(2.4B)(2.2B)(2.6B)(2.9B)(2.7B)
Intangible Assets3.5B3.0B2.6B2.3B2.0B2.3B
Good Will11.2B11.2B10.2B10.2B10.2B7.2B
Short Term Debt5.3B1.1B767M380M780M1.5B
Other Assets(34.9B)(37.4B)(34.2B)(31.4B)(28.3B)(29.7B)
Other Liab2.7B2.7B2.2B1.8B1.6B2.0B
Net Tangible Assets(4.4B)(3.4B)522M(2.4B)(2.8B)(2.9B)
Property Plant Equipment2.0B1.9B1.6B718M825.7M1.5B
Long Term Debt5.3B4.7B4.0B4.5B4.6B3.6B
Capital Lease Obligations1.2B1.1B884M746M724M869.4M
Deferred Long Term Liab76M98M845M748M860.2M903.2M
Net Invested Capital15.9B16.5B17.8B14.7B13.3B12.5B
Long Term Investments23M24M55M90M88M52.6M
Short Long Term Debt316M971M613M250M650M547.4M
Non Current Liabilities Other89M109M253M221M65M61.8M
Net Working Capital967M969M3.8B1.1B803M1.6B

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