ManpowerGroup Historical Balance Sheet
MAN Stock | USD 62.48 1.68 2.76% |
Trend analysis of ManpowerGroup balance sheet accounts such as Total Current Liabilities of 2.9 B provides information on ManpowerGroup's total assets, liabilities, and equity, which is the actual value of ManpowerGroup to its prevalent stockholders. By breaking down trends over time using ManpowerGroup balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining ManpowerGroup latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ManpowerGroup is a good buy for the upcoming year.
ManpowerGroup Inventory |
|
ManpowerGroup |
About ManpowerGroup Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ManpowerGroup at a specified time, usually calculated after every quarter, six months, or one year. ManpowerGroup Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ManpowerGroup and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ManpowerGroup currently owns. An asset can also be divided into two categories, current and non-current.
ManpowerGroup Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of ManpowerGroup assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ManpowerGroup books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on ManpowerGroup balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ManpowerGroup 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 accounts from ManpowerGroup's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ManpowerGroup current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ManpowerGroup. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.At this time, ManpowerGroup's Short Term Debt is very stable compared to the past year. As of the 22nd of November 2024, Property Plant And Equipment Gross is likely to grow to about 987.5 M, while Total Assets are likely to drop about 5.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.4B | 1.3B | 1.4B | 784.3M | Total Assets | 9.8B | 9.1B | 8.8B | 5.9B |
ManpowerGroup balance sheet Correlations
Click cells to compare fundamentals
ManpowerGroup Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ManpowerGroup balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.2B | 9.3B | 9.8B | 9.1B | 8.8B | 5.9B | |
Short Long Term Debt Total | 1.4B | 1.4B | 1.4B | 1.3B | 1.4B | 784.3M | |
Other Current Liab | 1.9B | 833.9M | 884.1M | 738.8M | 835.9M | 1.1B | |
Total Current Liabilities | 4.4B | 4.7B | 5.8B | 4.9B | 4.8B | 2.9B | |
Total Stockholder Equity | 2.7B | 2.4B | 2.5B | 2.4B | 2.2B | 1.9B | |
Property Plant And Equipment Net | 591.8M | 553.8M | 490.2M | 477.9M | 543.9M | 571.1M | |
Net Debt | 384.3M | (119.9M) | 546.3M | 614.1M | 844.7M | 886.9M | |
Retained Earnings | 3.5B | 3.4B | 3.6B | 3.9B | 3.8B | 4.0B | |
Accounts Payable | 2.5B | 2.5B | 3.0B | 2.8B | 2.7B | 2.9B | |
Cash | 1.0B | 1.6B | 847.8M | 639M | 581.3M | 553.7M | |
Non Current Assets Total | 2.7B | 2.7B | 3.4B | 3.2B | 3.3B | 1.7B | |
Non Currrent Assets Other | 618.8M | 651.6M | 610.2M | 540.5M | 460.9M | 392.3M | |
Cash And Short Term Investments | 1.0B | 1.6B | 847.8M | 639M | 581.3M | 553.7M | |
Net Receivables | 5.3B | 4.9B | 5.4B | 5.1B | 4.8B | 3.4B | |
Common Stock Shares Outstanding | 60.3M | 58.3M | 55.4M | 52.8M | 50.4M | 60.6M | |
Liabilities And Stockholders Equity | 9.2B | 9.3B | 9.8B | 9.1B | 8.8B | 5.9B | |
Non Current Liabilities Total | 2.0B | 2.2B | 1.5B | 1.8B | 1.8B | 1.1B | |
Other Current Assets | 185.6M | 186.9M | 126.7M | 158M | 160.8M | 158.8M | |
Other Stockholder Equity | (311.3M) | (551.7M) | (724.7M) | (963.7M) | (1.1B) | (1.1B) | |
Total Liab | 6.5B | 6.9B | 7.3B | 6.7B | 6.6B | 4.0B | |
Total Current Assets | 6.5B | 6.7B | 6.4B | 5.9B | 5.6B | 4.2B | |
Short Term Debt | 61M | 20.4M | 552.6M | 132.1M | 112.3M | 121.9M | |
Intangible Assets | 268.6M | 248.6M | 583.6M | 549.5M | 564.3M | 434.8M | |
Property Plant And Equipment Gross | 591.8M | 535.8M | 594.9M | 584.9M | 940.5M | 987.5M | |
Accumulated Other Comprehensive Income | (441M) | (397.3M) | (389.4M) | (458.7M) | (466M) | (442.7M) | |
Other Liab | 671.8M | 781.2M | 675.2M | 534.1M | 614.2M | 512.4M | |
Other Assets | 513.5M | 1.1B | 610.2M | 540.5M | 621.6M | 465.3M | |
Long Term Debt | 1.0B | 1.1B | 565.7M | 959.9M | 990.5M | 794.6M | |
Treasury Stock | (3.7B) | (4.0B) | (4.2B) | (4.4B) | (4.0B) | (3.8B) | |
Property Plant Equipment | 143.3M | 135.1M | 490.2M | 477.9M | 549.6M | 577.1M | |
Current Deferred Revenue | 44.5M | 34.9M | 34.8M | 35.6M | 31.9M | 30.3M | |
Good Will | 1.3B | 1.2B | 1.7B | 1.6B | 1.6B | 1.2B | |
Net Tangible Assets | 2.7B | 2.4B | 215.9M | 2.4B | 2.2B | 1.6B | |
Noncontrolling Interest In Consolidated Entity | 18.5M | 12.6M | 10M | 10.8M | 12.4M | 11.8M | |
Retained Earnings Total Equity | 3.5B | 3.4B | 3.6B | 3.9B | 4.4B | 2.6B | |
Long Term Debt Total | 1.0B | 1.1B | 565.7M | 959.9M | 1.1B | 765.3M |
Pair Trading with ManpowerGroup
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ManpowerGroup position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ManpowerGroup will appreciate offsetting losses from the drop in the long position's value.Moving together with ManpowerGroup Stock
Moving against ManpowerGroup Stock
0.77 | DIST | Distoken Acquisition | PairCorr |
0.7 | INOD | Innodata Tech Boost | PairCorr |
0.7 | PYCR | Paycor HCM | PairCorr |
0.7 | B | Barnes Group | PairCorr |
0.67 | IIIV | i3 Verticals | PairCorr |
The ability to find closely correlated positions to ManpowerGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ManpowerGroup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ManpowerGroup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ManpowerGroup to buy it.
The correlation of ManpowerGroup is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ManpowerGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ManpowerGroup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ManpowerGroup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ManpowerGroup. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Human Resource & Employment Services 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 ManpowerGroup. If investors know ManpowerGroup 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 ManpowerGroup 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 (0.22) | Dividend Share 3.01 | Earnings Share 0.87 | Revenue Per Share 375.591 | Quarterly Revenue Growth (0.03) |
The market value of ManpowerGroup is measured differently than its book value, which is the value of ManpowerGroup that is recorded on the company's balance sheet. Investors also form their own opinion of ManpowerGroup's value that differs from its market value or its book value, called intrinsic value, which is ManpowerGroup'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 ManpowerGroup's market value can be influenced by many factors that don't directly affect ManpowerGroup'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 ManpowerGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if ManpowerGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ManpowerGroup'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.