Wolverine Ev To Free Cash Flow vs Cash Per Share Analysis

WWW Stock  USD 23.17  0.16  0.70%   
Wolverine World financial indicator trend analysis is more than just analyzing Wolverine World Wide current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wolverine World Wide is a good investment. Please check the relationship between Wolverine World Ev To Free Cash Flow and its Cash Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolverine World Wide. 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.

Ev To Free Cash Flow vs Cash Per Share

Ev To Free Cash Flow vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wolverine World Wide Ev To Free Cash Flow account and Cash Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between Wolverine World's Ev To Free Cash Flow and Cash Per Share is 0.22. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Wolverine World Wide, assuming nothing else is changed. The correlation between historical values of Wolverine World's Ev To Free Cash Flow and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Wolverine World Wide are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Ev To Free Cash Flow i.e., Wolverine World's Ev To Free Cash Flow and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Cash Per Share

Most indicators from Wolverine World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wolverine World Wide 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 Wolverine World Wide. 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.
Selling General Administrative is likely to drop to about 367.5 M in 2024. Tax Provision is likely to climb to about (90.2 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.1B872.5M509.3M
Total Revenue2.4B2.7B2.2B1.3B

Wolverine World fundamental ratios Correlations

0.730.360.30.610.60.610.740.50.980.740.50.84-0.270.860.680.04-0.140.790.110.930.860.09-0.470.880.81
0.730.710.690.080.660.960.340.170.70.410.170.51-0.550.850.680.59-0.370.990.620.710.520.50.060.530.6
0.360.710.87-0.210.630.740.22-0.120.36-0.14-0.120.13-0.740.350.440.63-0.630.720.740.320.130.610.420.190.5
0.30.690.87-0.260.720.730.28-0.150.25-0.15-0.150.09-0.850.230.510.82-0.770.70.870.37-0.040.910.550.130.54
0.610.08-0.21-0.26-0.07-0.080.610.580.640.720.580.720.30.440.13-0.430.270.18-0.370.480.8-0.39-0.720.740.5
0.60.660.630.72-0.070.630.610.160.570.160.160.36-0.810.420.540.34-0.670.690.540.580.240.610.190.250.69
0.610.960.740.73-0.080.630.22-0.120.580.32-0.120.44-0.530.730.710.65-0.390.920.630.590.40.580.150.40.45
0.740.340.220.280.610.610.220.480.730.590.480.74-0.440.440.36-0.11-0.490.470.110.670.580.11-0.260.60.78
0.50.17-0.12-0.150.580.16-0.120.480.470.361.00.32-0.080.440.0-0.260.110.24-0.090.510.46-0.27-0.370.510.53
0.980.70.360.250.640.570.580.730.470.730.470.85-0.220.850.57-0.06-0.110.760.070.830.920.02-0.520.850.76
0.740.41-0.14-0.150.720.160.320.590.360.730.360.880.170.730.48-0.240.140.46-0.270.680.81-0.28-0.620.690.39
0.50.17-0.12-0.150.580.16-0.120.481.00.470.360.32-0.080.440.0-0.260.110.24-0.090.510.46-0.27-0.370.510.53
0.840.510.130.090.720.360.440.740.320.850.880.32-0.070.720.47-0.13-0.110.58-0.050.730.83-0.08-0.510.750.64
-0.27-0.55-0.74-0.850.3-0.81-0.53-0.44-0.08-0.220.17-0.08-0.07-0.19-0.31-0.620.9-0.59-0.83-0.340.14-0.72-0.62-0.01-0.59
0.860.850.350.230.440.420.730.440.440.850.730.440.72-0.190.560.15-0.030.860.210.770.810.01-0.350.730.56
0.680.680.440.510.130.540.710.360.00.570.480.00.47-0.310.560.38-0.190.680.180.810.390.39-0.20.610.52
0.040.590.630.82-0.430.340.65-0.11-0.26-0.06-0.24-0.26-0.13-0.620.150.38-0.520.550.880.2-0.270.840.69-0.050.24
-0.14-0.37-0.63-0.770.27-0.67-0.39-0.490.11-0.110.140.11-0.110.9-0.03-0.19-0.52-0.43-0.71-0.180.18-0.68-0.570.03-0.43
0.790.990.720.70.180.690.920.470.240.760.460.240.58-0.590.860.680.55-0.430.610.760.570.490.030.60.69
0.110.620.740.87-0.370.540.630.11-0.090.07-0.27-0.09-0.05-0.830.210.180.88-0.710.610.17-0.180.810.77-0.090.4
0.930.710.320.370.480.580.590.670.510.830.680.510.73-0.340.770.810.2-0.180.760.170.650.2-0.350.830.8
0.860.520.13-0.040.80.240.40.580.460.920.810.460.830.140.810.39-0.270.180.57-0.180.65-0.25-0.710.830.54
0.090.50.610.91-0.390.610.580.11-0.270.02-0.28-0.27-0.08-0.720.010.390.84-0.680.490.810.2-0.250.59-0.060.33
-0.470.060.420.55-0.720.190.15-0.26-0.37-0.52-0.62-0.37-0.51-0.62-0.35-0.20.69-0.570.030.77-0.35-0.710.59-0.65-0.1
0.880.530.190.130.740.250.40.60.510.850.690.510.75-0.010.730.61-0.050.030.6-0.090.830.83-0.06-0.650.7
0.810.60.50.540.50.690.450.780.530.760.390.530.64-0.590.560.520.24-0.430.690.40.80.540.33-0.10.7
Click cells to compare fundamentals

Wolverine World Account Relationship Matchups

Wolverine World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.1B2.6B2.5B2.1B1.2B
Short Long Term Debt Total979.7M886.8M1.1B1.4B1.1B1.1B
Total Current Liabilities787.4M406M759.6M1.1B869.4M912.9M
Total Stockholder Equity778.4M573M644.4M339M278.6M475.1M
Property Plant And Equipment Net301.8M267.1M267.2M310.9M214.5M117.8M
Net Debt799.1M539.4M961.6M1.2B908.9M954.3M
Retained Earnings1.3B1.1B1.1B907.2M834.8M565.3M
Cash180.6M347.4M161.7M131.5M179M111.0M
Non Current Assets Total1.5B1.2B1.7B1.2B1.0B568.3M
Non Currrent Assets Other167.7M141.4M140.8M126.9M68.9M90.3M
Cash And Short Term Investments180.6M347.4M161.7M131.5M179M111.0M
Net Receivables331.2M268.3M319.6M241.7M230.8M195.2M
Common Stock Shares Outstanding87.2M81M83.3M79.7M79.4M86.1M
Liabilities And Stockholders Equity2.5B2.1B2.6B2.5B2.1B1.2B
Non Current Liabilities Total914.2M1.2B1.2B1.0B893.4M938.1M
Inventory348.2M243.1M365.5M745.2M373.6M236.8M
Other Current Assets107.1M45.4M56.9M211.7M241.7M253.8M
Other Stockholder Equity(491.1M)(511.7M)(511.3M)(565.9M)(527M)(500.7M)
Total Liab1.7B1.6B1.9B2.2B1.8B1.9B
Property Plant And Equipment Gross301.8M267.1M267.2M310.9M469.7M493.2M
Total Current Assets967.1M904.2M903.7M1.3B1.0B584.3M
Accumulated Other Comprehensive Income(102.1M)(130.6M)(98.9M)(132.9M)(142.2M)(135.1M)
Intangible Assets682.3M455.3M792.7M341.4M209M282.2M
Short Term Debt406.6M78M82.3M474.1M349.7M367.2M
Current Deferred Revenue(138.3M)(178.7M)2M24.5M237.8M249.7M
Accounts Payable202.1M185M222.1M272.2M206M124.3M
Common Stock108.3M110.4M111.6M112.2M113M79.1M
Common Stock Total Equity108.3M110.4M111.6M112.2M129.0M78.5M
Good Will1.0B824.7M556.6M485M427.1M405.7M
Other Liab341.1M315.6M332.4M166.8M191.8M163.1M
Other Assets89.9M141.4M140.8M90.1M1.00.95
Long Term Debt425.9M712.5M731.8M723M605.8M495.9M
Treasury Stock(736.2M)(764.3M)(810.2M)(891.3M)(802.2M)(762.1M)
Property Plant Equipment141M124.6M267.2M136.2M156.6M130.2M
Net Tangible Assets(207.3M)(206M)(630.3M)(352.2M)(317.0M)(301.1M)
Noncontrolling Interest In Consolidated Entity11.7M11.6M14.8M18.4M21.2M22.2M
Retained Earnings Total Equity1.3B1.1B1.1B907.2M1.0B1.1B
Long Term Debt Total425.9M712.5M731.8M723M650.7M568.7M

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