Woodward Cash vs Common Stock Shares Outstanding Analysis
WWD Stock | USD 179.29 3.24 1.84% |
Woodward financial indicator trend analysis is more than just analyzing Woodward current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woodward is a good investment. Please check the relationship between Woodward Cash and its Common Stock Shares Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodward. 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 information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woodward Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Woodward's Cash and Common Stock Shares Outstanding is -0.22. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Woodward, assuming nothing else is changed. The correlation between historical values of Woodward's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Woodward are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Woodward's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Woodward, which is listed under current asset account on Woodward balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Woodward customers. The amounts must be unrestricted with restricted cash listed in a different Woodward account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Woodward's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woodward 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 Woodward. 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 information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.The current year's Selling General Administrative is expected to grow to about 325.7 M, whereas Tax Provision is forecasted to decline to about 36.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 525.3M | 677.6M | 779.2M | 408.5M | Total Revenue | 2.4B | 2.9B | 3.4B | 3.5B |
Woodward fundamental ratios Correlations
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Woodward Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Woodward fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 4.1B | 3.8B | 4.0B | 4.6B | 4.8B | |
Short Long Term Debt Total | 838.5M | 734.9M | 777.4M | 742.2M | 853.5M | 445.5M | |
Other Current Liab | 127.2M | 153.6M | 175.6M | 245.9M | 282.8M | 296.9M | |
Total Current Liabilities | 392.3M | 366.3M | 539.1M | 617.2M | 709.8M | 745.3M | |
Total Stockholder Equity | 2.0B | 2.2B | 1.9B | 2.1B | 2.4B | 2.5B | |
Property Plant And Equipment Net | 997.4M | 950.6M | 910.5M | 937.8M | 1.1B | 1.1B | |
Net Debt | 685.2M | 286.4M | 669.6M | 604.8M | 695.5M | 360.0M | |
Retained Earnings | 2.4B | 2.6B | 2.7B | 2.9B | 3.3B | 3.5B | |
Accounts Payable | 134.2M | 170.9M | 230.5M | 234.3M | 269.5M | 283.0M | |
Cash | 153.3M | 448.5M | 107.8M | 137.4M | 158.1M | 85.6M | |
Non Current Assets Total | 2.7B | 2.6B | 2.5B | 2.5B | 2.9B | 3.1B | |
Non Currrent Assets Other | 214.2M | 200.7M | 289.8M | 252.3M | 290.2M | 304.7M | |
Cash And Short Term Investments | 153.3M | 448.5M | 107.8M | 137.4M | 158.1M | 85.6M | |
Net Receivables | 566.9M | 535.1M | 615.1M | 764.0M | 878.6M | 922.5M | |
Common Stock Shares Outstanding | 64.2M | 65.6M | 63.3M | 61.5M | 55.3M | 59.8M | |
Liabilities And Stockholders Equity | 3.9B | 4.1B | 3.8B | 4.0B | 4.6B | 4.8B | |
Non Current Liabilities Total | 1.5B | 1.5B | 1.4B | 1.3B | 1.5B | 1.6B | |
Inventory | 437.9M | 420.0M | 514.3M | 517.8M | 595.5M | 310.4M | |
Other Current Assets | 52.8M | 61.2M | 74.7M | 50.2M | 57.7M | 31.6M | |
Other Stockholder Equity | (345.5M) | (320.2M) | (733.7M) | (769.8M) | (692.8M) | (658.2M) | |
Total Liab | 1.9B | 1.9B | 1.9B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 997.4M | 1.7B | 1.7B | 1.7B | 2.0B | 2.1B | |
Total Current Assets | 1.2B | 1.5B | 1.3B | 1.5B | 1.7B | 1.8B | |
Accumulated Other Comprehensive Income | (89.8M) | (65.6M) | (92.6M) | (67.9M) | (61.1M) | (58.1M) | |
Short Term Debt | 101.6M | 728K | 67.7M | 80.4M | 92.5M | 57.3M | |
Intangible Assets | 606.7M | 559.3M | 460.6M | 452.4M | 520.2M | 295.1M | |
Other Liab | 657.3M | 715.5M | 775.8M | 656.5M | 754.9M | 792.7M | |
Other Assets | 184.4M | 252.1M | 311.1M | 350.9M | 403.5M | 423.7M | |
Long Term Debt | 736.8M | 734.1M | 709.8M | 645.7M | 742.6M | 472.7M | |
Good Will | 808.3M | 805.3M | 772.6M | 791.5M | 910.2M | 480.6M | |
Treasury Stock | (611.5M) | (586.7M) | (589.9M) | (1.0B) | (930.6M) | (884.0M) | |
Property Plant Equipment | 1.1B | 997.4M | 950.6M | 910.5M | 1.0B | 1.1B | |
Current Deferred Revenue | 24.6M | 29.5M | 30.7M | 12.1M | 10.9M | 17.0M | |
Net Tangible Assets | 316.9M | 577.7M | 850.2M | 668.0M | 768.2M | 635.5M | |
Long Term Debt Total | 864.9M | 736.8M | 734.1M | 709.8M | 816.2M | 716.1M | |
Capital Surpluse | 207.1M | 231.9M | 261.7M | 293.5M | 337.6M | 180.7M | |
Deferred Long Term Liab | 108.0M | 163.6M | 157.9M | 168.7M | 194.0M | 105.4M |
Also Currently Popular
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 Woodward is a strong investment it is important to analyze Woodward's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woodward's future performance. For an informed investment choice regarding Woodward Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodward. 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 information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Industrial Machinery & Supplies & Components 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 Woodward. If investors know Woodward 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 Woodward 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 0.19 | Dividend Share 0.94 | Earnings Share 5.99 | Revenue Per Share 53.895 | Quarterly Revenue Growth 0.059 |
The market value of Woodward is measured differently than its book value, which is the value of Woodward that is recorded on the company's balance sheet. Investors also form their own opinion of Woodward's value that differs from its market value or its book value, called intrinsic value, which is Woodward'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 Woodward's market value can be influenced by many factors that don't directly affect Woodward'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 Woodward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodward'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.