Costco Balance Sheet Analysis From 2010 to 2024

COST Stock

USD 723.89 0.00 0.00%

Most indicators from Costco Wholesale's financial ratios are interrelated and interconnected. However, analyzing financial ratios indicators one by one will only give a small insight into Costco Wholesale Corp current financial condition. On the other hand, looking into the entire matrix of financial 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 Costco Wholesale Valuation and Costco Wholesale Correlation analysis.

At this time, Costco Wholesale's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.49 in 2024, whereas Tax Provision is likely to drop slightly above 1.7 B in 2024.

Most indicators from Costco Wholesale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Costco Wholesale Corp 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 Costco Wholesale Valuation and Costco Wholesale Correlation analysis.

	2021	2022	2023	2024 (projected)
Gross Profit	27.6B	29.7B	34.2B	35.9B
Total Revenue	227.0B	242.3B	278.6B	292.6B

Gross Profit Total Revenue

Costco Wholesale 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	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.92	0.37	1.0	0.98	1.0	-0.71	0.97	0.97	1.0	0.92	0.98	0.98	0.66	0.93	0.99	-0.18	0.95	1.0	1.0	0.2	0.63	1.0	0.33	0.17	0.83
Short Long Term Debt Total	0.92		0.3	0.92	0.84	0.93	-0.48	0.81	0.9	0.93	0.85	0.9	0.88	0.64	0.99	0.9	-0.33	0.91	0.95	0.91	0.19	0.61	0.93	0.28	0.38	0.79
Other Current Liab	0.37	0.3		0.36	0.38	0.37	-0.16	0.35	0.28	0.36	0.22	0.3	0.42	0.45	0.34	0.44	0.5	0.4	0.36	0.38	-0.63	0.44	0.38	0.38	-0.25	0.0
Total Current Liabilities	1.0	0.92	0.36		0.97	0.99	-0.7	0.96	0.96	1.0	0.92	0.96	0.98	0.64	0.92	0.99	-0.22	0.94	0.99	0.99	0.23	0.61	0.99	0.3	0.18	0.83
Total Stockholder Equity	0.98	0.84	0.38	0.97		0.97	-0.79	0.99	0.96	0.97	0.89	0.97	0.96	0.65	0.85	0.96	-0.08	0.92	0.96	0.98	0.18	0.63	0.96	0.38	0.04	0.79
Property Plant And Equipment Net	1.0	0.93	0.37	0.99	0.97		-0.66	0.95	0.95	1.0	0.9	0.96	0.98	0.7	0.93	0.99	-0.2	0.97	0.99	0.99	0.21	0.68	0.99	0.36	0.22	0.83
Net Debt	-0.71	-0.48	-0.16	-0.7	-0.79	-0.66		-0.82	-0.8	-0.68	-0.72	-0.8	-0.63	-0.24	-0.51	-0.65	-0.13	-0.53	-0.66	-0.73	-0.08	-0.2	-0.69	-0.12	0.11	-0.67
Retained Earnings	0.97	0.81	0.35	0.96	0.99	0.95	-0.82		0.96	0.96	0.91	0.96	0.94	0.56	0.82	0.95	-0.11	0.87	0.94	0.97	0.19	0.54	0.95	0.32	-0.01	0.79
Cash	0.97	0.9	0.28	0.96	0.96	0.95	-0.8	0.96		0.96	0.92	1.0	0.91	0.54	0.91	0.93	-0.17	0.87	0.96	0.98	0.17	0.51	0.96	0.24	0.19	0.87
Non Current Assets Total	1.0	0.93	0.36	1.0	0.97	1.0	-0.68	0.96	0.96		0.92	0.96	0.98	0.67	0.94	0.99	-0.21	0.95	1.0	0.99	0.21	0.64	0.99	0.32	0.2	0.83
Non Currrent Assets Other	0.92	0.85	0.22	0.92	0.89	0.9	-0.72	0.91	0.92	0.92		0.9	0.87	0.38	0.88	0.9	-0.32	0.77	0.93	0.92	0.28	0.33	0.92	0.02	0.11	0.79
Cash And Short Term Investments	0.98	0.9	0.3	0.96	0.97	0.96	-0.8	0.96	1.0	0.96	0.9		0.93	0.59	0.9	0.94	-0.14	0.89	0.96	0.98	0.16	0.56	0.96	0.31	0.17	0.86
Net Receivables	0.98	0.88	0.42	0.98	0.96	0.98	-0.63	0.94	0.91	0.98	0.87	0.93		0.71	0.89	0.99	-0.19	0.95	0.97	0.98	0.22	0.68	0.98	0.4	0.13	0.78
Common Stock Shares Outstanding	0.66	0.64	0.45	0.64	0.65	0.7	-0.24	0.56	0.54	0.67	0.38	0.59	0.71		0.63	0.68	0.13	0.83	0.65	0.64	0.05	0.97	0.65	0.82	0.17	0.38
Non Current Liabilities Total	0.93	0.99	0.34	0.92	0.85	0.93	-0.51	0.82	0.91	0.94	0.88	0.9	0.89	0.63		0.92	-0.28	0.9	0.95	0.92	0.15	0.6	0.94	0.25	0.35	0.78
Inventory	0.99	0.9	0.44	0.99	0.96	0.99	-0.65	0.95	0.93	0.99	0.9	0.94	0.99	0.68	0.92		-0.19	0.95	0.99	0.98	0.2	0.65	0.99	0.34	0.14	0.77
Other Current Assets	-0.18	-0.33	0.5	-0.22	-0.08	-0.2	-0.13	-0.11	-0.17	-0.21	-0.32	-0.14	-0.19	0.13	-0.28	-0.19		-0.15	-0.24	-0.16	-0.78	0.14	-0.18	0.29	-0.32	-0.35
Other Stockholder Equity	0.95	0.91	0.4	0.94	0.92	0.97	-0.53	0.87	0.87	0.95	0.77	0.89	0.95	0.83	0.9	0.95	-0.15		0.94	0.93	0.19	0.82	0.94	0.5	0.29	0.76
Total Liab	1.0	0.95	0.36	0.99	0.96	0.99	-0.66	0.94	0.96	1.0	0.93	0.96	0.97	0.65	0.95	0.99	-0.24	0.94		0.99	0.21	0.61	1.0	0.29	0.22	0.83
Total Current Assets	1.0	0.91	0.38	0.99	0.98	0.99	-0.73	0.97	0.98	0.99	0.92	0.98	0.98	0.64	0.92	0.98	-0.16	0.93	0.99		0.18	0.61	0.99	0.33	0.14	0.82
Short Term Debt	0.2	0.19	-0.63	0.23	0.18	0.21	-0.08	0.19	0.17	0.21	0.28	0.16	0.22	0.05	0.15	0.2	-0.78	0.19	0.21	0.18		0.04	0.19	-0.09	0.13	0.27
Intangible Assets	0.63	0.61	0.44	0.61	0.63	0.68	-0.2	0.54	0.51	0.64	0.33	0.56	0.68	0.97	0.6	0.65	0.14	0.82	0.61	0.61	0.04		0.62	0.78	0.2	0.35
Accounts Payable	1.0	0.93	0.38	0.99	0.96	0.99	-0.69	0.95	0.96	0.99	0.92	0.96	0.98	0.65	0.94	0.99	-0.18	0.94	1.0	0.99	0.19	0.62		0.3	0.19	0.81
Short Term Investments	0.33	0.28	0.38	0.3	0.38	0.36	-0.12	0.32	0.24	0.32	0.02	0.31	0.4	0.82	0.25	0.34	0.29	0.5	0.29	0.33	-0.09	0.78	0.3		-0.18	0.09
Common Stock	0.17	0.38	-0.25	0.18	0.04	0.22	0.11	-0.01	0.19	0.2	0.11	0.17	0.13	0.17	0.35	0.14	-0.32	0.29	0.22	0.14	0.13	0.2	0.19	-0.18		0.5
Current Deferred Revenue	0.83	0.79	0.0	0.83	0.79	0.83	-0.67	0.79	0.87	0.83	0.79	0.86	0.78	0.38	0.78	0.77	-0.35	0.76	0.83	0.82	0.27	0.35	0.81	0.09	0.5

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Costco Wholesale Account Relationship Matchups

Costco Wholesale fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	55.6B	59.3B	64.2B	69.0B	79.3B	83.3B
Other Current Liab	3.7B	4.6B	11.9B	6.3B	7.2B	7.6B
Net Debt	(2.1B)	(1.1B)	(1.2B)	(4.8B)	(4.3B)	(4.1B)
Retained Earnings	12.9B	11.7B	15.6B	19.5B	22.4B	23.6B
Cash	12.3B	11.3B	10.2B	13.7B	15.8B	16.5B
Net Receivables	1.6B	1.8B	2.2B	2.3B	2.6B	2.8B
Inventory	12.2B	14.2B	17.9B	16.7B	19.1B	20.1B
Other Current Assets	1.0B	1.3B	1.5B	1.7B	2.0B	1.2B
Total Liab	36.9B	41.2B	43.5B	43.9B	50.5B	53.1B
Total Current Assets	28.1B	29.5B	32.7B	35.9B	41.3B	43.3B
Short Term Debt	95M	799M	73M	1.1B	1.2B	1.3B
Accounts Payable	14.2B	16.3B	17.8B	17.5B	20.1B	21.1B
Good Will	988M	940M	993M	994M	1.1B	574.2M
Other Assets	978M	1.1B	4.1B	1.4B	1.6B	1.6B
Long Term Debt	7.5B	6.7B	6.5B	5.4B	4.8B	5.1B
Long Term Debt Total	8.2B	7.7B	6.5B	6.7B	7.7B	7.5B
Capital Surpluse	6.7B	7.0B	6.9B	7.3B	8.4B	7.3B
Cash And Equivalents	12.3B	11.3B	10.2B	13.7B	15.8B	10.4B
Other Liab	1.3B	1.4B	2.6B	1.2B	1.4B	1.6B
Net Tangible Assets	17.3B	16.6B	20.6B	24.1B	27.7B	19.5B
Net Invested Capital	25.9B	25.1B	27.2B	31.5B	36.2B	27.7B
Net Working Capital	3.3B	64M	698M	2.3B	2.6B	2.8B
Short Long Term Debt	95M	799M	73M	1.1B	972.9M	599.5M

Costco Wholesale Investors Sentiment

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

Costco Wholesale'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 Costco Wholesale'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 Costco Wholesale's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Costco Wholesale.

Costco Wholesale Implied Volatility

24.88

Costco Wholesale's implied volatility exposes the market's sentiment of Costco Wholesale Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Costco Wholesale'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 Costco Wholesale stock will not fluctuate a lot when Costco Wholesale'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 Costco Wholesale 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, Costco Wholesale's short interest history, or implied volatility extrapolated from Costco Wholesale options trading.

Pair Trading with Costco Wholesale

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

Moving against Costco Stock

0.57	IH	IhumanInc	Pair Corr
0.56	IMKTA	Ingles Markets rporated Earnings Call This Week	Pair Corr
0.55	ACI	Albertsons Companies Financial Report 23rd of July 2024	Pair Corr
0.5	FC	Franklin Covey Financial Report 26th of June 2024	Pair Corr

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

The correlation of Costco Wholesale 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 Costco Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costco Wholesale Corp 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 Costco Wholesale 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 Costco Wholesale Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Costco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costco Wholesale Corp Stock. Highlighted below are key reports to facilitate an investment decision about Costco Wholesale Corp Stock:

How To Invest In Costco

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Is Costco Stock a good investment?

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What is Costco Wholesale's Net Worth?

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Check out Costco Wholesale Valuation and Costco Wholesale Correlation analysis.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Costco Stock analysis

When running Costco Wholesale's price analysis, check to measure Costco Wholesale'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 Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.

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Is Costco Wholesale'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 Costco Wholesale. If investors know Costco 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 Costco Wholesale 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

0.188

Dividend Share

4.08

Earnings Share

15.25

Revenue Per Share

560.607

Quarterly Revenue Growth

0.057

The market value of Costco Wholesale Corp is measured differently than its book value, which is the value of Costco that is recorded on the company's balance sheet. Investors also form their own opinion of Costco Wholesale's value that differs from its market value or its book value, called intrinsic value, which is Costco Wholesale'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 Costco Wholesale's market value can be influenced by many factors that don't directly affect Costco Wholesale'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 Costco Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costco Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costco Wholesale'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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Costco Balance Sheet Analysis From 2010 to 2024

Costco Wholesale fundamental ratios Correlations

Costco Wholesale Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Costco Wholesale fundamental ratios Accounts

Costco Wholesale Investors Sentiment

Costco Wholesale Implied Volatility

Pair Trading with Costco Wholesale

Moving against Costco Stock

Complementary Tools for Costco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets

Retained Earnings	- 0.82	Net Debt
Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.8	Net Debt
Net Debt	- 0.79	Total Stockholder Equity
Short Term Debt	- 0.78	Other Current Assets
Total Current Assets	- 0.73	Net Debt