Willdan Other Assets vs Cash And Short Term Investments Analysis
WLDN Stock | USD 32.12 0.48 1.47% |
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 Other Assets and its Cash And Short Term Investments 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.
Other Assets vs Cash And Short Term Investments
Other Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willdan Group Other Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Willdan's Other Assets and Cash And Short Term Investments is 0.0. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments 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 Other Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Willdan Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Assets i.e., Willdan's Other Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Other Assets
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Willdan Group balance sheet. This account contains Willdan investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Willdan Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 13th 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
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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 |
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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.
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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.