Woodward Total Stockholder Equity vs Other Current Liab Analysis

WWD Stock  USD 176.05  3.51  2.03%   
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 Total Stockholder Equity and its Other Current Liab 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.

Total Stockholder Equity vs Other Current Liab

Total Stockholder Equity vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woodward Total Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Woodward's Total Stockholder Equity and Other Current Liab is 0.79. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Woodward, assuming nothing else is changed. The correlation between historical values of Woodward's Total Stockholder Equity and Other Current Liab 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 Stockholder Equity of Woodward are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Stockholder Equity i.e., Woodward's Total Stockholder Equity and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Liab

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 Profit525.3M677.6M779.2M408.5M
Total Revenue2.4B2.9B3.4B3.5B

Woodward fundamental ratios Correlations

0.610.810.860.970.890.450.960.840.480.990.840.480.91-0.73-0.820.960.620.6-0.810.970.90.960.24-0.730.71
0.610.390.580.450.690.940.430.550.250.670.240.250.33-0.57-0.430.760.830.58-0.380.740.360.450.57-0.570.75
0.810.390.890.790.680.350.830.850.130.780.680.130.88-0.65-0.790.710.520.28-0.760.790.780.830.1-0.650.48
0.860.580.890.790.790.570.830.930.080.850.690.080.87-0.69-0.820.80.640.38-0.790.890.770.840.48-0.690.54
0.970.450.790.790.810.260.980.780.550.950.90.550.94-0.71-0.810.890.540.59-0.80.90.920.980.09-0.710.64
0.890.690.680.790.810.570.840.810.380.920.670.380.72-0.58-0.830.920.580.46-0.780.920.830.760.32-0.580.54
0.450.940.350.570.260.570.280.51-0.110.520.1-0.110.23-0.49-0.360.610.770.4-0.320.620.190.290.66-0.490.61
0.960.430.830.830.980.840.280.840.450.940.920.450.96-0.66-0.880.870.520.56-0.890.90.960.960.09-0.660.56
0.840.550.850.930.780.810.510.840.150.820.650.150.83-0.73-0.830.780.670.42-0.830.860.80.840.26-0.730.43
0.480.250.130.080.550.38-0.110.450.150.460.411.00.3-0.28-0.220.480.230.55-0.210.380.480.49-0.22-0.280.46
0.990.670.780.850.950.920.520.940.820.460.820.460.87-0.68-0.810.980.620.59-0.790.990.880.910.29-0.680.75
0.840.240.680.690.90.670.10.920.650.410.820.410.9-0.42-0.750.730.320.6-0.850.750.910.840.04-0.420.5
0.480.250.130.080.550.38-0.110.450.151.00.460.410.3-0.28-0.220.480.230.55-0.210.380.480.49-0.22-0.280.46
0.910.330.880.870.940.720.230.960.830.30.870.90.3-0.66-0.850.780.490.46-0.850.840.890.960.13-0.670.52
-0.73-0.57-0.65-0.69-0.71-0.58-0.49-0.66-0.73-0.28-0.68-0.42-0.28-0.660.53-0.7-0.78-0.480.49-0.72-0.51-0.79-0.211.0-0.5
-0.82-0.43-0.79-0.82-0.81-0.83-0.36-0.88-0.83-0.22-0.81-0.75-0.22-0.850.53-0.74-0.54-0.370.89-0.8-0.88-0.8-0.180.53-0.37
0.960.760.710.80.890.920.610.870.780.480.980.730.480.78-0.7-0.740.650.61-0.720.980.810.860.31-0.70.79
0.620.830.520.640.540.580.770.520.670.230.620.320.230.49-0.78-0.540.650.68-0.510.680.420.590.42-0.780.64
0.60.580.280.380.590.460.40.560.420.550.590.60.550.46-0.48-0.370.610.68-0.520.570.510.560.14-0.480.67
-0.81-0.38-0.76-0.79-0.8-0.78-0.32-0.89-0.83-0.21-0.79-0.85-0.21-0.850.490.89-0.72-0.51-0.52-0.77-0.91-0.79-0.110.49-0.37
0.970.740.790.890.90.920.620.90.860.380.990.750.380.84-0.72-0.80.980.680.57-0.770.830.890.37-0.720.75
0.90.360.780.770.920.830.190.960.80.480.880.910.480.89-0.51-0.880.810.420.51-0.910.830.890.02-0.510.45
0.960.450.830.840.980.760.290.960.840.490.910.840.490.96-0.79-0.80.860.590.56-0.790.890.890.12-0.790.59
0.240.570.10.480.090.320.660.090.26-0.220.290.04-0.220.13-0.21-0.180.310.420.14-0.110.370.020.12-0.20.36
-0.73-0.57-0.65-0.69-0.71-0.58-0.49-0.66-0.73-0.28-0.68-0.42-0.28-0.671.00.53-0.7-0.78-0.480.49-0.72-0.51-0.79-0.2-0.5
0.710.750.480.540.640.540.610.560.430.460.750.50.460.52-0.5-0.370.790.640.67-0.370.750.450.590.36-0.5
Click cells to compare fundamentals

Woodward Account Relationship Matchups

Woodward fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.1B3.8B4.0B4.6B4.8B
Short Long Term Debt Total838.5M734.9M777.4M742.2M853.5M445.5M
Other Current Liab127.2M153.6M175.6M258.0M296.7M311.6M
Total Current Liabilities392.3M366.3M539.1M617.2M709.8M745.3M
Total Stockholder Equity2.0B2.2B1.9B2.1B2.4B2.5B
Property Plant And Equipment Net997.4M950.6M910.5M937.8M1.1B1.1B
Net Debt685.2M286.4M669.6M604.8M695.5M360.0M
Retained Earnings2.4B2.6B2.7B2.9B3.3B3.5B
Accounts Payable134.2M170.9M230.5M234.3M269.5M283.0M
Cash153.3M448.5M107.8M137.4M158.1M85.6M
Non Current Assets Total2.7B2.6B2.5B2.5B2.9B3.1B
Non Currrent Assets Other214.2M200.7M289.8M252.3M290.2M304.7M
Cash And Short Term Investments153.3M448.5M107.8M137.4M158.1M85.6M
Net Receivables566.9M535.1M615.1M764.0M878.6M922.5M
Common Stock Shares Outstanding64.2M65.6M63.3M61.5M55.3M59.8M
Liabilities And Stockholders Equity3.9B4.1B3.8B4.0B4.6B4.8B
Non Current Liabilities Total1.5B1.5B1.4B1.3B1.5B1.6B
Inventory437.9M420.0M514.3M517.8M595.5M310.4M
Other Current Assets52.8M61.2M74.7M50.2M57.7M31.6M
Other Stockholder Equity(345.5M)(320.2M)(733.7M)(769.8M)(692.8M)(658.2M)
Total Liab1.9B1.9B1.9B1.9B2.2B2.3B
Property Plant And Equipment Gross997.4M1.7B1.7B1.7B2.0B2.1B
Total Current Assets1.2B1.5B1.3B1.5B1.7B1.8B
Accumulated Other Comprehensive Income(89.8M)(65.6M)(92.6M)(67.9M)(61.1M)(58.1M)
Short Term Debt101.6M728K67.7M80.4M92.5M57.3M
Intangible Assets606.7M559.3M460.6M452.4M520.2M295.1M
Other Liab657.3M715.5M775.8M656.5M754.9M792.7M
Other Assets184.4M252.1M311.1M350.9M403.5M423.7M
Long Term Debt736.8M734.1M709.8M645.7M742.6M472.7M
Good Will808.3M805.3M772.6M791.5M910.2M480.6M
Treasury Stock(611.5M)(586.7M)(589.9M)(1.0B)(930.6M)(884.0M)
Property Plant Equipment1.1B997.4M950.6M910.5M1.0B1.1B
Current Deferred Revenue24.6M29.5M30.7M12.1M10.9M17.0M
Net Tangible Assets316.9M577.7M850.2M668.0M768.2M635.5M
Long Term Debt Total864.9M736.8M734.1M709.8M816.2M716.1M
Capital Surpluse207.1M231.9M261.7M293.5M337.6M180.7M
Deferred Long Term Liab108.0M163.6M157.9M168.7M194.0M105.4M

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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 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.