Willdan Net Tangible Assets vs Capital Stock Analysis
WLDN Stock | USD 28.30 0.89 3.25% |
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 Net Tangible Assets and its Capital Stock 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.
Net Tangible Assets vs Capital Stock
Net Tangible Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willdan Group Net Tangible Assets account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Willdan's Net Tangible Assets and Capital Stock is -0.34. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Stock 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 Net Tangible Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Willdan Group are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Tangible Assets i.e., Willdan's Net Tangible Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.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 27th of April 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 |
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 Willdan 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, Willdan's short interest history, or implied volatility extrapolated from Willdan options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Willdan Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Willdan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Willdan Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willdan Group Stock: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. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
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 17.975 | Earnings Share 0.8 | Revenue Per Share 38.084 | Quarterly Revenue Growth 0.375 | Return On Assets 0.0334 |
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.