Willdan Common Stock vs Total Current Liabilities Analysis
WLDN Stock | USD 31.80 0.06 0.19% |
Willdan financial indicator trend analysis is more than just analyzing Willdan Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Willdan Group is a good investment. Please check the relationship between Willdan Common Stock and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willdan Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Common Stock vs Total Current Liabilities
Common Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willdan Group Common Stock account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Willdan's Common Stock and Total Current Liabilities is -0.33. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Willdan Group, assuming nothing else is changed. The correlation between historical values of Willdan's Common Stock and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Willdan Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock i.e., Willdan's Common Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Total Current Liabilities
Total Current Liabilities is an item on Willdan balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Willdan Group 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 Willdan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Willdan Group 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willdan Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. At this time, Willdan's Selling General Administrative is very stable compared to the past year. As of the 18th of May 2024, Tax Provision is likely to grow to about 4.5 M, while Sales General And Administrative To Revenue is likely to drop 0.36.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 144.6M | 150.6M | 141.3M | 148.3M | Cost Of Revenue | 217.9M | 285.6M | 346.8M | 364.1M |
Willdan fundamental ratios Correlations
Click cells to compare fundamentals
Willdan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Willdan fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 439.9M | 410.3M | 394.4M | 409.7M | 430.0M | 451.5M | |
Total Stockholder Equity | 167.3M | 169.2M | 179.2M | 181.5M | 199.8M | 209.8M | |
Net Debt | 149.4M | 106.7M | 107.0M | 114.6M | 90.7M | 95.2M | |
Cash | 5.5M | 28.4M | 11.2M | 8.8M | 23.4M | 12.3M | |
Other Assets | 25.6M | 20.1M | 30.7M | 29.2M | 33.5M | 35.2M | |
Cash And Short Term Investments | 5.5M | 28.4M | 11.2M | 8.8M | 23.4M | 12.4M | |
Common Stock Shares Outstanding | 11.8M | 11.8M | 12.5M | 13.0M | 13.6M | 8.6M | |
Liabilities And Stockholders Equity | 439.9M | 410.3M | 394.4M | 409.7M | 430.0M | 451.5M | |
Other Stockholder Equity | 132.5M | 149.0M | 167.0M | 177.7M | 185.8M | 195.1M | |
Total Liab | 272.6M | 241.2M | 215.2M | 228.2M | 230.2M | 241.7M | |
Total Current Assets | 175.5M | 163.2M | 149.0M | 174.0M | 192.0M | 201.6M | |
Short Long Term Debt Total | 154.9M | 135.2M | 118.2M | 123.4M | 114.1M | 119.8M | |
Other Current Liab | 72.8M | 54.1M | 45.9M | 63.1M | 54.1M | 56.8M | |
Total Current Liabilities | 132.0M | 124.0M | 117.2M | 127.2M | 114.7M | 120.4M | |
Property Plant And Equipment Net | 34.3M | 32.6M | 31.9M | 34.9M | 39.6M | 41.5M | |
Retained Earnings | 35.0M | 20.5M | 12.1M | 3.7M | 14.6M | 15.3M | |
Accounts Payable | 34M | 41.4M | 36.7M | 28.8M | 33.2M | 16.7M | |
Non Current Assets Total | 264.4M | 247.1M | 245.5M | 235.7M | 238.0M | 249.9M | |
Non Currrent Assets Other | 16.3M | 6.0M | 13.8M | 1.0M | 2.1M | 2.7M | |
Net Receivables | 163.8M | 129.2M | 132.8M | 148.0M | 164.7M | 173.0M | |
Good Will | 38.2M | 97.7M | 127.6M | 130.1M | 131.1M | 137.7M | |
Common Stock Total Equity | 115K | 122K | 128K | 133K | 119.7K | 113.7K | |
Non Current Liabilities Total | 140.7M | 117.2M | 98.0M | 101.0M | 115.5M | 121.3M | |
Other Current Assets | 6.3M | 5.6M | 5.0M | 6.5M | 3.9M | 4.5M | |
Property Plant And Equipment Gross | 34.3M | 32.6M | 31.9M | 34.9M | 74.3M | 78.0M | |
Accumulated Other Comprehensive Income | (396K) | (488K) | (38K) | 0.0 | (664K) | (697.2K) | |
Short Term Debt | 19.6M | 21.1M | 21.2M | 22.6M | 14.2M | 7.9M | |
Common Stock | 115K | 122K | 128K | 133K | 137K | 130.2K | |
Other Liab | 5.1M | 3.1M | 910K | 259K | 297.9K | 283.0K | |
Long Term Debt | 116.6M | 98.2M | 85.5M | 90.5M | 89.0M | 93.4M | |
Intangible Assets | 76.8M | 64.3M | 52.7M | 41.5M | 32.0M | 19.5M | |
Property Plant Equipment | 12.1M | 32.6M | 16.8M | 34.9M | 40.2M | 42.2M | |
Current Deferred Revenue | 5.6M | 7.4M | 13.5M | 12.6M | 13.2M | 8.8M | |
Retained Earnings Total Equity | 35.0M | 20.5M | 12.1M | 3.7M | 4.2M | 4.0M | |
Net Tangible Assets | (37.2M) | (25.2M) | (3.6M) | 9.9M | 8.9M | 5.6M | |
Long Term Debt Total | 116.6M | 98.2M | 85.5M | 90.5M | 104.1M | 109.3M | |
Capital Surpluse | 132.5M | 149.0M | 167.0M | 177.7M | 204.4M | 214.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willdan Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Willdan Group information on this page should be used as a complementary analysis to other Willdan'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Willdan Stock analysis
When running Willdan's price analysis, check to measure Willdan'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 Willdan is operating at the current time. Most of Willdan's value examination focuses on studying past and present price action to predict the probability of Willdan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Willdan's price. Additionally, you may evaluate how the addition of Willdan to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Willdan'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 Willdan. If investors know Willdan 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 Willdan 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 2 | Earnings Share 0.94 | Revenue Per Share 39.32 | Quarterly Revenue Growth 0.194 | Return On Assets 0.0365 |
The market value of Willdan Group is measured differently than its book value, which is the value of Willdan that is recorded on the company's balance sheet. Investors also form their own opinion of Willdan's value that differs from its market value or its book value, called intrinsic value, which is Willdan'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 Willdan's market value can be influenced by many factors that don't directly affect Willdan'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 Willdan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willdan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willdan'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.