McKesson Return on Sales vs Weighted Average Shares Analysis

MCK Stock  USD 539.26  3.17  0.59%   
Trend analysis of McKesson balance sheet accounts such as Total Current Liabilities of 57.9 B provides information on McKesson's total assets, liabilities, and equity, which is the actual value of McKesson to its prevalent stockholders. By breaking down trends over time using McKesson 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

About McKesson Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of McKesson at a specified time, usually calculated after every quarter, six months, or one year. McKesson Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of McKesson 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 McKesson currently owns. An asset can also be divided into two categories, current and non-current.

McKesson Balance Sheet Chart

McKesson Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how McKesson uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, McKesson's Cash And Short Term Investments are quite stable compared to the past year. Net Receivables is expected to rise to about 23.4 B this year, although the value of Total Stockholder Equity is projected to rise to (2 B).

Total Assets

Total assets refers to the total amount of McKesson 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 McKesson 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 McKesson balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of McKesson 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 indicators from McKesson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McKesson 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.At this time, McKesson's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 855.2 M this year, although the value of Discontinued Operations will most likely fall to (3.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit13.1B12.4B14.2B14.9B
Total Revenue264.0B276.7B318.2B334.1B

McKesson fundamental ratios Correlations

0.690.270.96-0.190.850.530.620.940.760.760.680.760.990.070.930.970.25-0.550.960.850.980.670.520.760.61
0.690.260.530.260.490.860.740.470.60.870.730.60.650.310.580.550.18-0.110.550.490.620.70.850.230.57
0.270.260.28-0.080.020.250.30.180.110.230.10.110.220.160.220.250.75-0.250.270.020.290.290.180.15-0.15
0.960.530.28-0.440.920.310.50.990.770.580.510.770.97-0.130.950.990.3-0.741.00.920.990.60.280.870.47
-0.190.26-0.08-0.44-0.570.520.33-0.46-0.360.310.34-0.36-0.210.78-0.46-0.39-0.30.82-0.45-0.57-0.330.010.6-0.70.21
0.850.490.020.92-0.570.230.330.930.780.470.40.780.87-0.330.930.910.22-0.770.931.00.90.510.170.880.43
0.530.860.250.310.520.230.670.270.20.830.650.20.480.40.350.330.180.170.330.230.410.520.92-0.020.46
0.620.740.30.50.330.330.670.480.360.830.620.360.610.390.40.52-0.03-0.210.480.330.540.450.720.150.36
0.940.470.180.99-0.460.930.270.480.740.570.50.740.96-0.190.940.990.21-0.740.990.930.970.530.240.890.49
0.760.60.110.77-0.360.780.20.360.740.410.441.00.750.060.80.790.08-0.60.790.780.810.730.30.640.46
0.760.870.230.580.310.470.830.830.570.410.830.410.730.260.610.620.12-0.090.60.470.660.50.820.350.67
0.680.730.10.510.340.40.650.620.50.440.830.440.670.410.530.540.080.050.520.40.60.560.620.320.92
0.760.60.110.77-0.360.780.20.360.741.00.410.440.750.060.80.790.08-0.60.790.780.810.730.30.640.46
0.990.650.220.97-0.210.870.480.610.960.750.730.670.750.040.910.970.21-0.560.960.870.980.650.460.770.62
0.070.310.16-0.130.78-0.330.40.39-0.190.060.260.410.060.04-0.18-0.07-0.10.47-0.14-0.33-0.010.280.55-0.440.22
0.930.580.220.95-0.460.930.350.40.940.80.610.530.80.91-0.180.950.31-0.690.970.930.950.580.340.910.52
0.970.550.250.99-0.390.910.330.520.990.790.620.540.790.97-0.070.950.24-0.710.990.910.990.590.330.870.51
0.250.180.750.3-0.30.220.18-0.030.210.080.120.080.080.21-0.10.310.24-0.260.310.220.30.15-0.050.31-0.09
-0.55-0.11-0.25-0.740.82-0.770.17-0.21-0.74-0.6-0.090.05-0.6-0.560.47-0.69-0.71-0.26-0.74-0.77-0.66-0.270.19-0.780.08
0.960.550.271.0-0.450.930.330.480.990.790.60.520.790.96-0.140.970.990.31-0.740.930.990.60.30.890.49
0.850.490.020.92-0.571.00.230.330.930.780.470.40.780.87-0.330.930.910.22-0.770.930.90.510.170.880.43
0.980.620.290.99-0.330.90.410.540.970.810.660.60.810.98-0.010.950.990.3-0.660.990.90.660.380.820.54
0.670.70.290.60.010.510.520.450.530.730.50.560.730.650.280.580.590.15-0.270.60.510.660.530.320.51
0.520.850.180.280.60.170.920.720.240.30.820.620.30.460.550.340.33-0.050.190.30.170.380.53-0.060.44
0.760.230.150.87-0.70.88-0.020.150.890.640.350.320.640.77-0.440.910.870.31-0.780.890.880.820.32-0.060.39
0.610.57-0.150.470.210.430.460.360.490.460.670.920.460.620.220.520.51-0.090.080.490.430.540.510.440.39
Click cells to compare fundamentals

McKesson Account Relationship Matchups

McKesson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.2B65.0B63.3B62.3B71.7B75.3B
Short Long Term Debt Total9.4B9.4B7.5B7.3B8.4B4.6B
Other Current Liab683M9M9.3B4.2B4.8B2.8B
Total Current Liabilities42.6B44.1B48.5B48.0B55.2B57.9B
Total Stockholder Equity5.1B(21M)(2.3B)(1.9B)(2.1B)(2.0B)
Property Plant And Equipment Net4.3B4.7B3.6B3.8B4.4B4.6B
Net Debt5.4B3.1B4.0B2.6B3.0B2.1B
Retained Earnings13.0B8.2B9.0B12.3B14.1B7.2B
Accounts Payable37.2B39.0B38.1B42.5B48.9B51.3B
Cash4.0B6.3B3.5B4.7B5.4B5.6B
Non Current Assets Total19.0B19.6B17.1B18.0B20.7B10.7B
Non Currrent Assets Other2.3B2.6B1.9B2.0B2.3B1.6B
Cash And Short Term Investments4.0B6.3B3.5B4.7B5.4B5.6B
Net Receivables20.0B19.2B18.6B19.4B22.3B23.4B
Common Stock Shares Outstanding181.6M160.6M154.1M142.2M128.0M186.9M
Liabilities And Stockholders Equity61.2B65.0B63.3B62.3B71.7B75.3B
Non Current Liabilities Total11.9B19.5B16.6B15.9B18.2B19.1B
Inventory16.7B19.2B18.7B19.7B22.6B23.8B
Other Current Assets617M665M5.4B496M570.4M674.8M
Other Stockholder Equity(6.2B)(6.7B)(9.8B)(13.3B)(11.9B)(11.3B)
Total Liab54.5B63.6B65.1B63.8B73.4B77.1B
Property Plant And Equipment Gross4.3B4.7B3.6B3.8B4.4B4.6B
Total Current Assets42.2B45.4B46.2B44.3B50.9B53.5B
Accumulated Other Comprehensive Income(1.7B)(1.5B)(1.5B)(905M)(814.5M)(855.2M)
Short Term Debt1.4B1.1B1.1B1.3B1.5B1.5B
Intangible Assets3.2B2.9B2.1B2.3B2.6B2.0B
Other Liab3.9B11.2B10.1B9.8B11.3B11.8B
Other Assets1.9B2.6B1.3B1.8B2.0B1.7B
Long Term Debt6.3B6.4B5.1B4.6B5.3B4.4B
Treasury Stock(8.9B)(12.9B)(13.7B)(17.0B)(15.3B)(14.6B)
Property Plant Equipment2.4B2.6B2.1B2.2B2.5B1.5B
Good Will9.4B9.5B9.5B9.9B11.4B6.7B
Net Tangible Assets(4.4B)(9.3B)(12.4B)(12.7B)(11.4B)(10.8B)
Noncontrolling Interest In Consolidated Entity217M196M480M367M422.1M302.3M
Retained Earnings Total Equity13.0B8.2B9.0B12.3B14.1B11.7B

McKesson Investors Sentiment

The influence of McKesson'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 McKesson. 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 McKesson's public news can be used to forecast risks associated with an investment in McKesson. The trend in average sentiment can be used to explain how an investor holding McKesson can time the market purely based on public headlines and social activities around McKesson. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
McKesson'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 McKesson'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 McKesson's news discussions. The higher the estimated score, the more favorable is the investor's outlook on McKesson.

McKesson Implied Volatility

    
  26.65  
McKesson's implied volatility exposes the market's sentiment of McKesson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if McKesson'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 McKesson stock will not fluctuate a lot when McKesson'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 McKesson 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, McKesson's short interest history, or implied volatility extrapolated from McKesson options trading.

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When determining whether McKesson 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 McKesson 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 Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
Note that the McKesson information on this page should be used as a complementary analysis to other McKesson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is McKesson'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 McKesson. If investors know McKesson 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 McKesson 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
(0.42)
Dividend Share
2.32
Earnings Share
22.14
Revenue Per Share
2.2 K
Quarterly Revenue Growth
0.148
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.