Clorox Current Deferred Revenue vs Short Long Term Debt Analysis

CLX Stock

USD 146.48 1.02 0.69%

Clorox financial indicator trend analysis is way more than just evaluating Clorox prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clorox is a good investment. Please check the relationship between Clorox Current Deferred Revenue and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Current Deferred Revenue vs Short Long Term Debt

Current Deferred Revenue vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clorox Current Deferred Revenue account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Clorox's Current Deferred Revenue and Short Long Term Debt is 0.61. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of The Clorox, assuming nothing else is changed. The correlation between historical values of Clorox's Current Deferred Revenue and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of The Clorox are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Clorox's Current Deferred Revenue and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Most indicators from Clorox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clorox 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Clorox's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 27.16 in 2024, whereas Selling General Administrative is likely to drop slightly above 812.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.9B	3.3B	2.1B
Total Revenue	7.1B	7.4B	8.5B	4.6B

Gross Profit Total Revenue

Clorox fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.11	0.8	0.14	0.73	0.94	0.19	0.33	0.99	0.64	0.33	0.89	-0.87	0.83	0.74	0.28	-0.09	0.98	0.71	0.95	-0.04	0.83	0.66	-0.9	-0.9
Short Long Term Debt Total	0.97		0.14	0.85	-0.01	0.66	0.97	0.24	0.3	0.96	0.51	0.3	0.95	-0.93	0.78	0.64	0.42	-0.2	0.99	0.64	0.93	0.14	0.8	0.52	-0.9	-0.9
Other Current Liab	0.11	0.14		0.21	-0.02	-0.04	0.21	-0.07	-0.25	0.12	-0.2	-0.25	0.15	-0.17	-0.04	0.09	0.3	0.06	0.12	-0.09	0.06	0.33	0.17	-0.06	-0.14	-0.14
Total Current Liabilities	0.8	0.85	0.21		-0.32	0.63	0.84	-0.04	0.2	0.78	0.5	0.2	0.87	-0.82	0.6	0.63	0.51	0.0	0.87	0.62	0.81	0.46	0.59	0.5	-0.87	-0.87
Total Stockholder Equity	0.14	-0.01	-0.02	-0.32		-0.12	-0.06	0.54	0.23	0.17	-0.01	0.23	-0.17	0.07	0.0	-0.06	-0.65	-0.27	-0.04	-0.16	0.04	-0.46	0.29	0.13	0.2	0.2
Property Plant And Equipment Net	0.73	0.66	-0.04	0.63	-0.12		0.65	-0.3	0.16	0.73	0.94	0.16	0.64	-0.42	0.92	0.95	0.24	0.39	0.69	0.98	0.68	-0.22	0.68	0.86	-0.83	-0.83
Net Debt	0.94	0.97	0.21	0.84	-0.06	0.65		0.17	0.07	0.95	0.49	0.07	0.95	-0.91	0.76	0.68	0.46	-0.15	0.96	0.62	0.84	0.17	0.81	0.49	-0.91	-0.91
Retained Earnings	0.19	0.24	-0.07	-0.04	0.54	-0.3	0.17		0.33	0.2	-0.28	0.33	0.2	-0.35	0.05	-0.28	-0.2	-0.95	0.15	-0.27	0.16	0.15	0.4	-0.14	0.01	0.01
Cash	0.33	0.3	-0.25	0.2	0.23	0.16	0.07	0.33		0.23	0.17	1.0	0.21	-0.26	0.24	-0.03	-0.1	-0.27	0.3	0.21	0.55	-0.11	0.11	0.22	-0.14	-0.14
Non Current Assets Total	0.99	0.96	0.12	0.78	0.17	0.73	0.95	0.2	0.23		0.64	0.23	0.88	-0.85	0.83	0.76	0.25	-0.09	0.97	0.7	0.91	-0.05	0.87	0.66	-0.9	-0.9
Non Currrent Assets Other	0.64	0.51	-0.2	0.5	-0.01	0.94	0.49	-0.28	0.17	0.64		0.17	0.49	-0.28	0.84	0.92	-0.02	0.42	0.57	0.95	0.58	-0.37	0.62	0.96	-0.7	-0.7
Cash And Short Term Investments	0.33	0.3	-0.25	0.2	0.23	0.16	0.07	0.33	1.0	0.23	0.17		0.21	-0.26	0.24	-0.03	-0.1	-0.27	0.3	0.21	0.55	-0.11	0.11	0.22	-0.14	-0.14
Net Receivables	0.89	0.95	0.15	0.87	-0.17	0.64	0.95	0.2	0.21	0.88	0.49	0.21		-0.91	0.74	0.61	0.41	-0.21	0.94	0.62	0.86	0.27	0.74	0.47	-0.89	-0.89
Common Stock Shares Outstanding	-0.87	-0.93	-0.17	-0.82	0.07	-0.42	-0.91	-0.35	-0.26	-0.85	-0.28	-0.26	-0.91		-0.6	-0.44	-0.46	0.37	-0.92	-0.4	-0.86	-0.28	-0.67	-0.3	0.83	0.83
Non Current Liabilities Total	0.83	0.78	-0.04	0.6	0.0	0.92	0.76	0.05	0.24	0.83	0.84	0.24	0.74	-0.6		0.88	0.27	0.04	0.79	0.91	0.76	-0.23	0.85	0.81	-0.88	-0.88
Inventory	0.74	0.64	0.09	0.63	-0.06	0.95	0.68	-0.28	-0.03	0.76	0.92	-0.03	0.61	-0.44	0.88		0.22	0.39	0.69	0.93	0.63	-0.2	0.75	0.88	-0.85	-0.85
Other Current Assets	0.28	0.42	0.3	0.51	-0.65	0.24	0.46	-0.2	-0.1	0.25	-0.02	-0.1	0.41	-0.46	0.27	0.22		0.0	0.41	0.24	0.31	0.47	0.16	-0.1	-0.5	-0.5
Other Stockholder Equity	-0.09	-0.2	0.06	0.0	-0.27	0.39	-0.15	-0.95	-0.27	-0.09	0.42	-0.27	-0.21	0.37	0.04	0.39	0.0		-0.11	0.35	-0.09	-0.34	-0.26	0.31	-0.03	-0.03
Total Liab	0.98	0.99	0.12	0.87	-0.04	0.69	0.96	0.15	0.3	0.97	0.57	0.3	0.94	-0.92	0.79	0.69	0.41	-0.11		0.68	0.95	0.08	0.77	0.57	-0.93	-0.93
Property Plant And Equipment Gross	0.71	0.64	-0.09	0.62	-0.16	0.98	0.62	-0.27	0.21	0.7	0.95	0.21	0.62	-0.4	0.91	0.93	0.24	0.35	0.68		0.68	-0.22	0.66	0.9	-0.81	-0.81
Total Current Assets	0.95	0.93	0.06	0.81	0.04	0.68	0.84	0.16	0.55	0.91	0.58	0.55	0.86	-0.86	0.76	0.63	0.31	-0.09	0.95	0.68		0.0	0.68	0.6	-0.86	-0.86
Short Term Debt	-0.04	0.14	0.33	0.46	-0.46	-0.22	0.17	0.15	-0.11	-0.05	-0.37	-0.11	0.27	-0.28	-0.23	-0.2	0.47	-0.34	0.08	-0.22	0.0		-0.03	-0.34	-0.1	-0.1
Intangible Assets	0.83	0.8	0.17	0.59	0.29	0.68	0.81	0.4	0.11	0.87	0.62	0.11	0.74	-0.67	0.85	0.75	0.16	-0.26	0.77	0.66	0.68	-0.03		0.69	-0.79	-0.79
Accounts Payable	0.66	0.52	-0.06	0.5	0.13	0.86	0.49	-0.14	0.22	0.66	0.96	0.22	0.47	-0.3	0.81	0.88	-0.1	0.31	0.57	0.9	0.6	-0.34	0.69		-0.67	-0.67
Common Stock Total Equity	-0.9	-0.9	-0.14	-0.87	0.2	-0.83	-0.91	0.01	-0.14	-0.9	-0.7	-0.14	-0.89	0.83	-0.88	-0.85	-0.5	-0.03	-0.93	-0.81	-0.86	-0.1	-0.79	-0.67		1.0
Common Stock	-0.9	-0.9	-0.14	-0.87	0.2	-0.83	-0.91	0.01	-0.14	-0.9	-0.7	-0.14	-0.89	0.83	-0.88	-0.85	-0.5	-0.03	-0.93	-0.81	-0.86	-0.1	-0.79	-0.67	1.0

Click cells to compare fundamentals

Clorox Account Relationship Matchups

Clorox fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2B	6.3B	6.2B	5.9B	6.8B	3.9B
Short Long Term Debt Total	3.1B	3.2B	3.1B	2.9B	3.4B	1.8B
Other Current Liab	25M	578M	509M	121M	139.2M	132.2M
Total Current Liabilities	1.4B	2.1B	1.8B	1.9B	2.2B	1.3B
Total Stockholder Equity	908M	411M	556M	220M	198M	188.1M
Property Plant And Equipment Net	1.4B	1.6B	1.7B	1.7B	1.9B	2.0B
Net Debt	2.3B	2.8B	2.9B	2.6B	2.9B	1.5B
Retained Earnings	3.6B	1.0B	1.0B	583M	670.5M	636.9M
Cash	871M	319M	183M	367M	422.1M	248.3M
Non Current Assets Total	4.2B	4.5B	4.4B	4.1B	4.7B	2.8B
Non Currrent Assets Other	328M	378M	315M	462M	531.3M	557.9M
Cash And Short Term Investments	871M	319M	183M	367M	422.1M	248.3M
Net Receivables	648M	604M	681M	688M	791.2M	488.3M
Common Stock Shares Outstanding	127.7M	127.3M	123.9M	124.2M	111.8M	175.2M
Liabilities And Stockholders Equity	6.2B	6.3B	6.2B	5.9B	6.8B	3.9B
Non Current Liabilities Total	3.9B	3.7B	3.6B	3.6B	4.2B	4.4B
Inventory	454M	752M	755M	696M	800.4M	840.4M
Other Current Assets	47M	154M	106M	77M	88.6M	87.2M
Other Stockholder Equity	(2.2B)	(210M)	(144M)	(1M)	(900K)	(945K)
Total Liab	5.3B	5.7B	5.4B	5.6B	6.4B	3.2B
Property Plant And Equipment Gross	1.4B	1.6B	1.3B	1.7B	1.9B	2.0B
Total Current Assets	2.0B	1.8B	1.7B	1.8B	2.1B	1.2B
Accumulated Other Comprehensive Income	(640M)	(546M)	(479M)	(493M)	(443.7M)	(465.9M)
Short Term Debt	64M	381M	315M	137M	157.6M	149.7M
Intangible Assets	894M	918M	884M	712M	818.8M	852.2M
Accounts Payable	1.3B	1.7B	960M	1.7B	1.9B	2.0B
Other Liab	817M	901M	857M	832M	956.8M	709.4M
Other Assets	1.5B	378M	315M	462M	531.3M	557.9M
Long Term Debt	2.8B	2.5B	2.5B	2.5B	2.8B	2.0B
Treasury Stock	(2.7B)	(3.2B)	(3.3B)	(1.4B)	(1.3B)	(1.3B)
Property Plant Equipment	1.4B	1.6B	1.7B	1.7B	1.9B	1.2B
Good Will	1.6B	1.6B	1.6B	1.3B	1.4B	1.3B
Net Tangible Assets	(1.6B)	(2.1B)	(1.9B)	(1.7B)	(1.6B)	(1.5B)
Retained Earnings Total Equity	3.6B	1.0B	1.0B	583M	670.5M	636.9M
Capital Surpluse	1.1B	1.2B	1.2B	1.2B	1.4B	991.1M
Deferred Long Term Liab	62M	67M	66M	28M	32.2M	38.3M

Clorox Investors Sentiment

The influence of Clorox's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Clorox. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Clorox's public news can be used to forecast risks associated with an investment in Clorox. The trend in average sentiment can be used to explain how an investor holding Clorox can time the market purely based on public headlines and social activities around The Clorox. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Clorox's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Clorox's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Clorox's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Clorox.

Clorox Implied Volatility

59.77

Clorox's implied volatility exposes the market's sentiment of The Clorox stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Clorox's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Clorox stock will not fluctuate a lot when Clorox's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clorox in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clorox's short interest history, or implied volatility extrapolated from Clorox options trading.

Pair Trading with Clorox

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 Clorox 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 Clorox will appreciate offsetting losses from the drop in the long position's value.

Moving together with Clorox Stock

0.73

Unilever PLC ADR

Pair Corr

Moving against Clorox Stock

0.6	VERU	Veru Inc Financial Report 9th of May 2024	Pair Corr
0.6	PURE	Pure Bioscience	Pair Corr
0.42	YSG	Yatsen Holding Trending	Pair Corr

The ability to find closely correlated positions to Clorox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clorox 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 Clorox - 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 The Clorox to buy it.

The correlation of Clorox 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 Clorox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clorox 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 Clorox 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.

Pair Correlation Correlation Matching

When determining whether Clorox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clorox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Clorox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Clorox Stock:

How To Invest In Clorox

Details

Is Clorox Stock a good investment?

Details

What is Clorox's Net Worth?

Details

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Largest Household & Personal Products Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Clorox Stock analysis

When running Clorox's price analysis, check to measure Clorox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clorox is operating at the current time. Most of Clorox's value examination focuses on studying past and present price action to predict the probability of Clorox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clorox's price. Additionally, you may evaluate how the addition of Clorox to your portfolios can decrease your overall portfolio volatility.

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Is Clorox's industry 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 Clorox. If investors know Clorox 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 Clorox 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

(0.06)

Dividend Share

4.78

Earnings Share

0.63

Revenue Per Share

58.997

Quarterly Revenue Growth

0.16

The market value of Clorox is measured differently than its book value, which is the value of Clorox that is recorded on the company's balance sheet. Investors also form their own opinion of Clorox's value that differs from its market value or its book value, called intrinsic value, which is Clorox'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 Clorox's market value can be influenced by many factors that don't directly affect Clorox'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 Clorox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clorox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clorox'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.

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Clorox Current Deferred Revenue vs Short Long Term Debt Analysis

Current Deferred Revenue vs Short Long Term Debt

Current Deferred Revenue vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Short Long Term Debt

Clorox fundamental ratios Correlations

Clorox Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clorox fundamental ratios Accounts

Clorox Investors Sentiment

Clorox Implied Volatility

Pair Trading with Clorox

Moving together with Clorox Stock

Moving against Clorox Stock

Complementary Tools for Clorox Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock	- 0.93	Total Liab
Common Stock Total Equity	- 0.93	Total Liab
Common Stock Shares Outstanding	- 0.93	Short Long Term Debt Total
Total Liab	- 0.92	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.91	Net Receivables