Sherwin Payout Ratio vs Interest Coverage Analysis

SHW Stock  USD 313.97  4.28  1.34%   
Sherwin Williams financial indicator trend analysis is much more than just breaking down Sherwin Williams prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sherwin Williams is a good investment. Please check the relationship between Sherwin Williams Payout Ratio and its Interest Coverage accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Payout Ratio vs Interest Coverage

Payout Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sherwin Williams Payout Ratio account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sherwin Williams' Payout Ratio and Interest Coverage is -0.06. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Sherwin Williams Co, assuming nothing else is changed. The correlation between historical values of Sherwin Williams' Payout Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Sherwin Williams Co are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Payout Ratio i.e., Sherwin Williams' Payout Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Sherwin Williams Co earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Sherwin Williams dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Sherwin Williams is paying out more in dividends than it makes in net income.

Interest Coverage

Most indicators from Sherwin Williams' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sherwin Williams 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At this time, Sherwin Williams' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Tax Provision is likely to drop slightly above 429.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.5B9.3B10.8B11.3B
Total Revenue19.9B22.1B23.1B24.2B

Sherwin Williams fundamental ratios Correlations

0.990.930.940.820.910.990.53-0.321.00.27-0.320.98-0.510.990.970.76-0.041.00.940.760.970.930.8-0.5-0.49
0.990.90.930.790.911.00.51-0.360.990.21-0.360.97-0.461.00.960.77-0.031.00.920.760.960.930.79-0.45-0.45
0.930.90.920.740.850.890.49-0.240.920.54-0.240.93-0.570.90.90.65-0.050.920.90.750.920.840.82-0.54-0.53
0.940.930.920.660.960.930.44-0.260.920.35-0.260.97-0.570.910.970.73-0.040.950.960.910.970.770.9-0.58-0.57
0.820.790.740.660.620.780.69-0.130.820.18-0.130.77-0.560.820.730.75-0.080.790.740.420.720.870.46-0.52-0.51
0.910.910.850.960.620.90.33-0.280.90.27-0.280.91-0.440.880.930.70.070.920.90.870.930.720.94-0.49-0.48
0.991.00.890.930.780.90.51-0.40.990.2-0.40.96-0.451.00.960.76-0.031.00.910.750.950.930.78-0.44-0.44
0.530.510.490.440.690.330.51-0.110.530.23-0.110.52-0.460.520.510.48-0.780.510.50.370.430.60.27-0.23-0.21
-0.32-0.36-0.24-0.26-0.13-0.28-0.4-0.11-0.360.041.0-0.26-0.07-0.36-0.29-0.10.03-0.34-0.08-0.18-0.3-0.39-0.22-0.05-0.06
1.00.990.920.920.820.90.990.53-0.360.27-0.360.96-0.481.00.950.74-0.031.00.910.740.950.950.79-0.46-0.45
0.270.210.540.350.180.270.20.230.040.270.040.29-0.310.210.190.03-0.210.250.270.350.270.220.44-0.25-0.23
-0.32-0.36-0.24-0.26-0.13-0.28-0.4-0.111.0-0.360.04-0.26-0.07-0.36-0.29-0.10.03-0.34-0.08-0.18-0.3-0.39-0.22-0.05-0.06
0.980.970.930.970.770.910.960.52-0.260.960.29-0.26-0.650.960.980.79-0.060.980.980.810.990.860.8-0.62-0.62
-0.51-0.46-0.57-0.57-0.56-0.44-0.45-0.46-0.07-0.48-0.31-0.07-0.65-0.48-0.57-0.70.1-0.51-0.67-0.39-0.63-0.4-0.30.940.94
0.991.00.90.910.820.881.00.52-0.361.00.21-0.360.96-0.480.950.77-0.010.990.910.70.950.950.75-0.46-0.46
0.970.960.90.970.730.930.960.51-0.290.950.19-0.290.98-0.570.950.74-0.070.970.970.830.970.830.83-0.56-0.55
0.760.770.650.730.750.70.760.48-0.10.740.03-0.10.79-0.70.770.740.040.770.790.560.810.680.46-0.69-0.69
-0.04-0.03-0.05-0.04-0.080.07-0.03-0.780.03-0.03-0.210.03-0.060.1-0.01-0.070.04-0.02-0.05-0.170.03-0.09-0.02-0.19-0.2
1.01.00.920.950.790.921.00.51-0.341.00.25-0.340.98-0.510.990.970.77-0.020.940.770.970.920.8-0.5-0.5
0.940.920.90.960.740.90.910.5-0.080.910.27-0.080.98-0.670.910.970.79-0.050.940.820.960.790.8-0.65-0.65
0.760.760.750.910.420.870.750.37-0.180.740.35-0.180.81-0.390.70.830.56-0.170.770.820.80.540.9-0.41-0.38
0.970.960.920.970.720.930.950.43-0.30.950.27-0.30.99-0.630.950.970.810.030.970.960.80.830.81-0.64-0.64
0.930.930.840.770.870.720.930.6-0.390.950.22-0.390.86-0.40.950.830.68-0.090.920.790.540.830.58-0.33-0.33
0.80.790.820.90.460.940.780.27-0.220.790.44-0.220.8-0.30.750.830.46-0.020.80.80.90.810.58-0.36-0.33
-0.5-0.45-0.54-0.58-0.52-0.49-0.44-0.23-0.05-0.46-0.25-0.05-0.620.94-0.46-0.56-0.69-0.19-0.5-0.65-0.41-0.64-0.33-0.361.0
-0.49-0.45-0.53-0.57-0.51-0.48-0.44-0.21-0.06-0.45-0.23-0.06-0.620.94-0.46-0.55-0.69-0.2-0.5-0.65-0.38-0.64-0.33-0.331.0
Click cells to compare fundamentals

Sherwin Williams Account Relationship Matchups

Sherwin Williams fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.5B20.4B20.7B22.6B23.0B24.1B
Short Long Term Debt Total10.4B10.1B11.5B12.5B11.8B12.4B
Other Current Liab1.4B1.8B1.6B1.4B2.0B2.1B
Total Current Liabilities4.5B4.6B5.7B6.0B6.6B7.0B
Total Stockholder Equity4.1B3.6B2.4B3.1B3.7B1.9B
Property Plant And Equipment Net3.5B3.6B3.7B4.1B4.7B5.0B
Net Debt10.3B9.9B11.3B12.3B11.5B12.1B
Retained Earnings7.4B844.3M2.1B3.5B5.3B2.7B
Cash161.8M226.6M165.7M198.8M276.8M208.4M
Non Current Assets Total15.9B15.8B15.6B16.7B17.4B18.3B
Non Currrent Assets Other604.4M694.3M789M(368.1M)1.2B1.3B
Cash And Short Term Investments161.8M226.6M165.7M198.8M276.8M209.0M
Net Receivables2.1B2.1B2.4B2.6B2.5B2.6B
Common Stock Shares Outstanding280.3M275.8M267.1M261.8M258.3M330.4M
Liabilities And Stockholders Equity20.5B20.4B20.7B22.6B23.0B24.1B
Non Current Liabilities Total11.9B12.2B12.5B13.5B12.5B13.1B
Inventory1.9B1.8B1.9B2.6B2.3B2.4B
Other Current Assets509.4M482.6M608.4M518.8M438.4M253.1M
Other Stockholder Equity(2.7B)3.4B923.1M188.3M(1.0B)(988M)
Total Liab16.4B16.8B18.2B19.5B19.1B20.1B
Total Current Assets4.6B4.6B5.1B5.9B5.5B5.8B
Short Term Debt1.0B412.5M1.4B1.4B1.9B2.0B
Accounts Payable1.9B2.1B2.4B2.4B2.3B2.4B
Intangible Assets4.7B4.5B4.0B4.0B3.9B4.1B
Property Plant And Equipment Gross3.5B3.6B3.7B4.1B7.8B8.2B
Accumulated Other Comprehensive Income(679.5M)(718.3M)(698.4M)(700.6M)(624.3M)(655.5M)
Common Stock Total Equity119.4M89.9M90.8M91.2M82.1M130.7M
Common Stock119.4M89.9M90.8M91.2M91.8M128.4M
Other Liab2.4B2.5B2.4B2.4B2.8B2.9B
Other Assets428.2M2.5B789M1.0B1.2B669.8M
Long Term Debt8.1B8.3B8.6B9.6B8.4B8.8B
Good Will7.0B7.0B7.1B7.6B7.6B8.0B
Treasury Stock(4.9B)(5.8B)(96.5M)(2.9B)(2.6B)(2.7B)
Property Plant Equipment1.8B1.8B3.7B2.2B2.5B1.3B
Net Tangible Assets(6.2B)(6.5B)(8.7B)(7.0B)(6.3B)(6.0B)
Retained Earnings Total Equity7.4B844.3M2.1B3.5B4.1B3.8B
Long Term Debt Total8.1B8.3B8.6B9.6B11.0B11.6B
Capital Surpluse3.2B3.5B3.8B4.0B4.6B2.7B

Sherwin Williams Investors Sentiment

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

Currently Active Assets on Macroaxis

When determining whether Sherwin Williams is a strong investment it is important to analyze Sherwin Williams' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sherwin Williams' future performance. For an informed investment choice regarding Sherwin Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Sherwin Williams information on this page should be used as a complementary analysis to other Sherwin Williams' 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Sherwin Williams' price analysis, check to measure Sherwin Williams' 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 Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to predict the probability of Sherwin Williams' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherwin Williams' price. Additionally, you may evaluate how the addition of Sherwin Williams to your portfolios can decrease your overall portfolio volatility.
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Is Sherwin Williams' 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 Sherwin Williams. If investors know Sherwin 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 Sherwin Williams 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
(0.07)
Dividend Share
2.42
Earnings Share
9.26
Revenue Per Share
90.258
Quarterly Revenue Growth
0.004
The market value of Sherwin Williams is measured differently than its book value, which is the value of Sherwin that is recorded on the company's balance sheet. Investors also form their own opinion of Sherwin Williams' value that differs from its market value or its book value, called intrinsic value, which is Sherwin Williams' 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 Sherwin Williams' market value can be influenced by many factors that don't directly affect Sherwin Williams' 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 Sherwin Williams' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sherwin Williams is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sherwin Williams' 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.