Willdan Total Current Assets vs Property Plant And Equipment Net Analysis

WLDN Stock  USD 32.60  1.80  5.23%   
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 Total Current Assets and its Property Plant And Equipment Net 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.

Total Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willdan Group Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Willdan's Total Current Assets and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Willdan Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Willdan's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 12th 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 Expenses144.6M150.6M141.3M148.3M
Cost Of Revenue217.9M285.6M346.8M364.1M

Willdan fundamental ratios Correlations

0.990.950.280.870.280.840.971.00.980.980.970.990.960.690.851.00.620.991.0-0.310.990.890.850.83-0.3
0.990.910.310.870.310.830.990.980.990.950.950.980.950.670.830.980.550.990.99-0.330.960.870.870.79-0.32
0.950.910.070.880.070.780.890.970.90.990.940.950.930.630.80.970.730.930.95-0.190.980.870.750.9-0.19
0.280.310.070.01.00.440.310.260.360.20.240.30.240.230.380.24-0.050.240.27-0.430.230.230.260.17-0.42
0.870.870.880.00.00.590.860.860.810.870.80.820.910.480.590.880.510.870.870.080.880.630.870.730.09
0.280.310.071.00.00.430.310.260.360.20.240.30.240.230.380.24-0.050.240.27-0.430.230.230.260.17-0.42
0.840.830.780.440.590.430.840.830.850.80.830.860.780.480.850.830.530.820.83-0.580.790.820.620.81-0.57
0.970.990.890.310.860.310.840.950.970.920.910.950.940.540.780.960.480.960.97-0.390.930.830.880.78-0.38
1.00.980.970.260.860.260.830.950.970.990.980.990.960.70.851.00.660.980.99-0.280.990.890.830.85-0.28
0.980.990.90.360.810.360.850.970.970.930.960.980.940.670.820.970.530.990.97-0.410.960.880.870.76-0.4
0.980.950.990.20.870.20.80.920.990.930.960.970.950.650.820.990.70.950.97-0.230.990.870.790.9-0.23
0.970.950.940.240.80.240.830.910.980.960.960.980.920.720.820.970.640.970.96-0.320.970.930.780.81-0.31
0.990.980.950.30.820.30.860.950.990.980.970.980.940.710.880.990.640.980.99-0.340.970.920.790.86-0.33
0.960.950.930.240.910.240.780.940.960.940.950.920.940.540.710.960.560.950.95-0.220.960.760.920.81-0.21
0.690.670.630.230.480.230.480.540.70.670.650.720.710.540.760.690.60.70.7-0.030.680.710.430.45-0.03
0.850.830.80.380.590.380.850.780.850.820.820.820.880.710.760.850.630.820.86-0.350.810.870.520.81-0.35
1.00.980.970.240.880.240.830.961.00.970.990.970.990.960.690.850.660.981.0-0.270.990.890.820.86-0.26
0.620.550.73-0.050.51-0.050.530.480.660.530.70.640.640.560.60.630.660.580.61-0.150.670.610.330.68-0.15
0.990.990.930.240.870.240.820.960.980.990.950.970.980.950.70.820.980.580.98-0.310.970.870.870.78-0.3
1.00.990.950.270.870.270.830.970.990.970.970.960.990.950.70.861.00.610.98-0.270.980.890.830.84-0.27
-0.31-0.33-0.19-0.430.08-0.43-0.58-0.39-0.28-0.41-0.23-0.32-0.34-0.22-0.03-0.35-0.27-0.15-0.31-0.27-0.24-0.41-0.19-0.211.0
0.990.960.980.230.880.230.790.930.990.960.990.970.970.960.680.810.990.670.970.98-0.240.860.840.84-0.24
0.890.870.870.230.630.230.820.830.890.880.870.930.920.760.710.870.890.610.870.89-0.410.860.550.79-0.41
0.850.870.750.260.870.260.620.880.830.870.790.780.790.920.430.520.820.330.870.83-0.190.840.550.56-0.18
0.830.790.90.170.730.170.810.780.850.760.90.810.860.810.450.810.860.680.780.84-0.210.840.790.56-0.2
-0.3-0.32-0.19-0.420.09-0.42-0.57-0.38-0.28-0.4-0.23-0.31-0.33-0.21-0.03-0.35-0.26-0.15-0.3-0.271.0-0.24-0.41-0.18-0.2
Click cells to compare fundamentals

Willdan Account Relationship Matchups

Willdan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets439.9M410.3M394.4M409.7M430.0M451.5M
Total Stockholder Equity167.3M169.2M179.2M181.5M199.8M209.8M
Net Debt149.4M106.7M107.0M114.6M90.7M95.2M
Cash5.5M28.4M11.2M8.8M23.4M12.3M
Other Assets25.6M20.1M30.7M29.2M33.5M35.2M
Cash And Short Term Investments5.5M28.4M11.2M8.8M23.4M12.4M
Common Stock Shares Outstanding11.8M11.8M12.5M13.0M13.6M8.6M
Liabilities And Stockholders Equity439.9M410.3M394.4M409.7M430.0M451.5M
Other Stockholder Equity132.5M149.0M167.0M177.7M185.8M195.1M
Total Liab272.6M241.2M215.2M228.2M230.2M241.7M
Total Current Assets175.5M163.2M149.0M174.0M192.0M201.6M
Short Long Term Debt Total154.9M135.2M118.2M123.4M114.1M119.8M
Other Current Liab72.8M54.1M45.9M63.1M54.1M56.8M
Total Current Liabilities132.0M124.0M117.2M127.2M114.7M120.4M
Property Plant And Equipment Net34.3M32.6M31.9M34.9M39.6M41.5M
Retained Earnings35.0M20.5M12.1M3.7M14.6M15.3M
Accounts Payable34M41.4M36.7M28.8M33.2M16.7M
Non Current Assets Total264.4M247.1M245.5M235.7M238.0M249.9M
Non Currrent Assets Other16.3M6.0M13.8M1.0M2.1M2.7M
Net Receivables163.8M129.2M132.8M148.0M164.7M173.0M
Good Will38.2M97.7M127.6M130.1M131.1M137.7M
Common Stock Total Equity115K122K128K133K119.7K113.7K
Non Current Liabilities Total140.7M117.2M98.0M101.0M115.5M121.3M
Other Current Assets6.3M5.6M5.0M6.5M3.9M4.5M
Property Plant And Equipment Gross34.3M32.6M31.9M34.9M74.3M78.0M
Accumulated Other Comprehensive Income(396K)(488K)(38K)0.0(664K)(697.2K)
Short Term Debt19.6M21.1M21.2M22.6M14.2M7.9M
Common Stock115K122K128K133K137K130.2K
Other Liab5.1M3.1M910K259K297.9K283.0K
Long Term Debt116.6M98.2M85.5M90.5M89.0M93.4M
Intangible Assets76.8M64.3M52.7M41.5M32.0M19.5M
Property Plant Equipment12.1M32.6M16.8M34.9M40.2M42.2M
Current Deferred Revenue5.6M7.4M13.5M12.6M13.2M8.8M
Retained Earnings Total Equity35.0M20.5M12.1M3.7M4.2M4.0M
Net Tangible Assets(37.2M)(25.2M)(3.6M)9.9M8.9M5.6M
Long Term Debt Total116.6M98.2M85.5M90.5M104.1M109.3M
Capital Surpluse132.5M149.0M167.0M177.7M204.4M214.6M
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.

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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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.