Sherwin Retained Earnings vs Net Working Capital Analysis
| SHW Stock | USD 299.61 6.48 2.12% |
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 Retained Earnings and its Net Working Capital 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.
Retained Earnings vs Net Working Capital
Retained Earnings vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sherwin Williams Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sherwin Williams' Retained Earnings and Net Working Capital is -0.2. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital 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' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sherwin Williams Co are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Sherwin Williams' Retained Earnings and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Working Capital
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 0.33 in 2024, whereas Tax Provision is likely to drop slightly above 429.1 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.5B | 9.3B | 10.8B | 11.3B | Total Revenue | 19.9B | 22.1B | 23.1B | 24.2B |
Sherwin Williams fundamental ratios Correlations
Click cells to compare fundamentals
Sherwin Williams Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sherwin Williams fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 20.5B | 20.4B | 20.7B | 22.6B | 23.0B | 24.1B | |
| Short Long Term Debt Total | 10.4B | 10.1B | 11.5B | 12.5B | 11.8B | 12.4B | |
| Other Current Liab | 1.4B | 1.8B | 1.6B | 1.4B | 2.0B | 2.1B | |
| Total Current Liabilities | 4.5B | 4.6B | 5.7B | 6.0B | 6.6B | 7.0B | |
| Total Stockholder Equity | 4.1B | 3.6B | 2.4B | 3.1B | 3.7B | 1.9B | |
| Property Plant And Equipment Net | 3.5B | 3.6B | 3.7B | 4.1B | 4.7B | 5.0B | |
| Net Debt | 10.3B | 9.9B | 11.3B | 12.3B | 11.5B | 12.1B | |
| Retained Earnings | 7.4B | 844.3M | 2.1B | 3.5B | 5.3B | 2.7B | |
| Cash | 161.8M | 226.6M | 165.7M | 198.8M | 276.8M | 208.4M | |
| Non Current Assets Total | 15.9B | 15.8B | 15.6B | 16.7B | 17.4B | 18.3B | |
| Non Currrent Assets Other | 604.4M | 694.3M | 789M | (368.1M) | 1.2B | 1.3B | |
| Cash And Short Term Investments | 161.8M | 226.6M | 165.7M | 198.8M | 276.8M | 209.0M | |
| Net Receivables | 2.1B | 2.1B | 2.4B | 2.6B | 2.5B | 2.6B | |
| Common Stock Shares Outstanding | 280.3M | 275.8M | 267.1M | 261.8M | 258.3M | 330.4M | |
| Liabilities And Stockholders Equity | 20.5B | 20.4B | 20.7B | 22.6B | 23.0B | 24.1B | |
| Non Current Liabilities Total | 11.9B | 12.2B | 12.5B | 13.5B | 12.5B | 13.1B | |
| Inventory | 1.9B | 1.8B | 1.9B | 2.6B | 2.3B | 2.4B | |
| Other Current Assets | 509.4M | 482.6M | 608.4M | 518.8M | 438.4M | 253.1M | |
| Other Stockholder Equity | (2.7B) | 3.4B | 923.1M | 188.3M | (1.0B) | (988M) | |
| Total Liab | 16.4B | 16.8B | 18.2B | 19.5B | 19.1B | 20.1B | |
| Total Current Assets | 4.6B | 4.6B | 5.1B | 5.9B | 5.5B | 5.8B | |
| Short Term Debt | 1.0B | 412.5M | 1.4B | 1.4B | 1.9B | 2.0B | |
| Accounts Payable | 1.9B | 2.1B | 2.4B | 2.4B | 2.3B | 2.4B | |
| Intangible Assets | 4.7B | 4.5B | 4.0B | 4.0B | 3.9B | 4.1B | |
| Property Plant And Equipment Gross | 3.5B | 3.6B | 3.7B | 4.1B | 7.8B | 8.2B | |
| Accumulated Other Comprehensive Income | (679.5M) | (718.3M) | (698.4M) | (700.6M) | (624.3M) | (655.5M) | |
| Common Stock Total Equity | 119.4M | 89.9M | 90.8M | 91.2M | 82.1M | 130.7M | |
| Common Stock | 119.4M | 89.9M | 90.8M | 91.2M | 91.8M | 128.4M | |
| Other Liab | 2.4B | 2.5B | 2.4B | 2.4B | 2.8B | 2.9B | |
| Other Assets | 428.2M | 2.5B | 789M | 1.0B | 1.2B | 669.8M | |
| Long Term Debt | 8.1B | 8.3B | 8.6B | 9.6B | 8.4B | 8.8B | |
| Good Will | 7.0B | 7.0B | 7.1B | 7.6B | 7.6B | 8.0B | |
| Treasury Stock | (4.9B) | (5.8B) | (96.5M) | (2.9B) | (2.6B) | (2.7B) | |
| Property Plant Equipment | 1.8B | 1.8B | 3.7B | 2.2B | 2.5B | 1.3B | |
| Net Tangible Assets | (6.2B) | (6.5B) | (8.7B) | (7.0B) | (6.3B) | (6.0B) | |
| Retained Earnings Total Equity | 7.4B | 844.3M | 2.1B | 3.5B | 4.1B | 3.8B | |
| Long Term Debt Total | 8.1B | 8.3B | 8.6B | 9.6B | 11.0B | 11.6B | |
| Capital Surpluse | 3.2B | 3.5B | 3.8B | 4.0B | 4.6B | 2.7B |
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Sherwin Stock analysis
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.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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 0.071 | Dividend Share 2.53 | Earnings Share 9.37 | Revenue Per Share 90.335 | Quarterly Revenue Growth (0.01) |
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.