WW International Asset Turnover vs Total Current Liabilities Analysis

WW Stock  USD 1.21  0.04  3.20%   
WW International financial indicator trend analysis is more than just analyzing WW International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WW International is a good investment. Please check the relationship between WW International Asset Turnover and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WW International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy WW International Stock please use our How to Invest in WW International guide.

Asset Turnover vs Total Current Liabilities

Asset Turnover vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WW International Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WW International's Asset Turnover and Total Current Liabilities is -0.01. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of WW International, assuming nothing else is changed. The correlation between historical values of WW International's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of WW International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., WW International's Asset Turnover and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Current Liabilities

Total Current Liabilities is an item on WW International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of WW International 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.
Most indicators from WW International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WW International 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 WW International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy WW International Stock please use our How to Invest in WW International guide.Tax Provision is likely to climb to about 40.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 212.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit726.4M622.4M529.3M737.8M
Total Revenue1.2B1.0B889.6M1.3B

WW International fundamental ratios Correlations

0.750.790.64-0.450.560.260.710.410.650.980.110.650.37-0.16-0.860.750.410.45-0.840.790.820.370.930.77-0.13
0.750.680.53-0.90.220.350.990.460.590.71-0.230.590.21-0.22-0.770.990.310.04-0.810.980.690.240.720.49-0.45
0.790.680.85-0.590.160.570.670.810.420.76-0.240.420.53-0.42-0.870.70.510.31-0.690.780.660.390.870.47-0.49
0.640.530.85-0.50.110.720.530.770.240.64-0.280.240.63-0.49-0.650.520.60.27-0.450.640.490.770.770.23-0.55
-0.45-0.9-0.59-0.50.12-0.53-0.93-0.56-0.32-0.420.43-0.32-0.180.320.58-0.91-0.290.220.59-0.9-0.43-0.17-0.53-0.140.68
0.560.220.160.110.12-0.220.19-0.170.340.590.220.340.160.08-0.360.190.120.47-0.450.190.340.180.360.650.48
0.260.350.570.72-0.53-0.220.410.79-0.20.31-0.36-0.20.66-0.74-0.270.40.71-0.18-0.060.480.070.430.54-0.24-0.79
0.710.990.670.53-0.930.190.410.480.490.69-0.260.490.22-0.25-0.760.990.34-0.02-0.80.980.60.240.720.46-0.51
0.410.460.810.77-0.56-0.170.790.480.110.38-0.620.110.7-0.7-0.490.490.64-0.06-0.230.580.370.30.61-0.08-0.75
0.650.590.420.24-0.320.34-0.20.490.110.50.041.00.030.04-0.460.56-0.010.42-0.520.540.940.140.40.490.08
0.980.710.760.64-0.420.590.310.690.380.50.150.50.38-0.15-0.860.720.440.42-0.840.760.680.370.950.79-0.14
0.11-0.23-0.24-0.280.430.22-0.36-0.26-0.620.040.150.04-0.370.450.08-0.21-0.270.51-0.1-0.24-0.04-0.060.00.410.55
0.650.590.420.24-0.320.34-0.20.490.111.00.50.040.030.04-0.460.56-0.010.42-0.520.540.940.140.40.490.08
0.370.210.530.63-0.180.160.660.220.70.030.38-0.370.03-0.9-0.270.240.950.09-0.040.330.270.50.530.02-0.46
-0.16-0.22-0.42-0.490.320.08-0.74-0.25-0.70.04-0.150.450.04-0.90.12-0.26-0.890.1-0.09-0.32-0.17-0.33-0.350.220.58
-0.86-0.77-0.87-0.650.58-0.36-0.27-0.76-0.49-0.46-0.860.08-0.46-0.270.12-0.77-0.31-0.310.94-0.81-0.66-0.26-0.87-0.770.26
0.750.990.70.52-0.910.190.40.990.490.560.72-0.210.560.24-0.26-0.770.350.02-0.810.990.670.190.750.48-0.49
0.410.310.510.6-0.290.120.710.340.64-0.010.44-0.27-0.010.95-0.89-0.310.35-0.02-0.130.420.240.470.590.09-0.55
0.450.040.310.270.220.47-0.18-0.02-0.060.420.420.510.420.090.1-0.310.02-0.02-0.320.070.450.30.310.520.52
-0.84-0.81-0.69-0.450.59-0.45-0.06-0.8-0.23-0.52-0.84-0.1-0.52-0.04-0.090.94-0.81-0.13-0.32-0.8-0.64-0.16-0.77-0.860.09
0.790.980.780.64-0.90.190.480.980.580.540.76-0.240.540.33-0.32-0.810.990.420.07-0.80.690.310.810.48-0.54
0.820.690.660.49-0.430.340.070.60.370.940.68-0.040.940.27-0.17-0.660.670.240.45-0.640.690.260.660.55-0.08
0.370.240.390.77-0.170.180.430.240.30.140.37-0.060.140.5-0.33-0.260.190.470.3-0.160.310.260.40.14-0.28
0.930.720.870.77-0.530.360.540.720.610.40.950.00.40.53-0.35-0.870.750.590.31-0.770.810.660.40.62-0.37
0.770.490.470.23-0.140.65-0.240.46-0.080.490.790.410.490.020.22-0.770.480.090.52-0.860.480.550.140.620.26
-0.13-0.45-0.49-0.550.680.48-0.79-0.51-0.750.08-0.140.550.08-0.460.580.26-0.49-0.550.520.09-0.54-0.08-0.28-0.370.26
Click cells to compare fundamentals

WW International Account Relationship Matchups

WW International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.4B1.0B982.0M1.1B
Short Long Term Debt Total1.7B1.6B1.5B1.5B1.5B1.4B
Other Current Liab174.9M153.2M138.8M125.9M141.8M159.6M
Total Current Liabilities394.1M340.1M229.1M196.6M205.5M323.0M
Total Stockholder Equity(685.5M)(548.2M)(456.4M)(683.8M)(761.1M)(799.1M)
Property Plant And Equipment Net206.0M171.0M127.1M103.9M72.0M60.9M
Current Deferred Revenue60.6M50.5M45.9M32.2M34.0M57.4M
Net Debt1.6B1.5B1.4B1.3B1.4B1.3B
Accounts Payable29.1M23.1M22.4M18.9M18.5M32.4M
Cash182.7M165.9M153.8M178.3M109.4M106.6M
Non Current Assets Total1.2B1.2B1.2B747.1M802.6M900.4M
Non Currrent Assets Other26.5M16.1M26.9M12.4M17.7M12.7M
Cash And Short Term Investments182.7M165.9M153.8M178.3M109.4M106.6M
Net Receivables30.5M34.6M29.3M24.3M14.9M14.2M
Good Will157.9M155.6M157.4M156.0M243.4M231.3M
Common Stock Shares Outstanding69.6M70.0M70.7M70.3M76.7M70.2M
Liabilities And Stockholders Equity1.5B1.5B1.4B1.0B982.0M1.1B
Non Current Liabilities Total1.8B1.7B1.7B1.5B1.5B1.5B
Inventory27.2M39.5M30.6M20.5M68K64.6K
Other Current Assets112.7M59.3M57.5M58.2M55.1M53.0M
Other Stockholder Equity(3.2B)(3.1B)(3.1B)(3.1B)(3.1B)(2.9B)
Total Liab2.2B2.0B1.9B1.7B1.7B1.8B
Total Current Assets295.4M299.2M271.2M281.3M179.5M240.9M
Short Term Debt129.5M105.6M20.4M18.0M9.6M9.1M
Intangible Assets812.5M825.6M846.3M450.1M449.7M670.5M
Retained Earnings2.5B2.6B2.7B2.4B2.3B1.5B
Accumulated Other Comprehensive Income(27.4M)(25.1M)(18.6M)(5.5M)(11.3M)(11.9M)
Other Liab177.6M178.8M159.9M25.3M22.8M21.6M
Net Tangible Assets(1.7B)(1.5B)(1.5B)(1.3B)(1.5B)(1.6B)
Other Assets26.5M29.8M26.9M34.7M31.2M24.6M
Property Plant Equipment206.0M171.0M127.1M103.9M119.5M129.9M
Long Term Debt1.5B1.4B1.4B1.4B1.4B1.2B
Net Invested Capital890.6M937.6M961.7M738.5M665.4M684.2M
Non Current Liabilities Other2.4M5.2M2.2M2.2M15.7M16.5M
Net Working Capital(98.7M)(40.9M)42.0M84.8M(26.0M)(24.7M)

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