Zurn Elkay Water Stock Total Asset
| ZWS Stock | USD 31.64 0.01 0.03% |
Zurn Elkay Water fundamentals help investors to digest information that contributes to Zurn Elkay's financial success or failures. It also enables traders to predict the movement of Zurn Stock. The fundamental analysis module provides a way to measure Zurn Elkay's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zurn Elkay stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 2.7 B | 1.7 B | |
| Intangibles To Total Assets | 0.56 | 0.59 |
Zurn | Total Asset |
Zurn Elkay Water Company Total Asset Analysis
Zurn Elkay's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Zurn Elkay Total Asset | 2.67 B |
Most of Zurn Elkay's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Zurn Elkay Water is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Zurn Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Zurn Elkay is extremely important. It helps to project a fair market value of Zurn Stock properly, considering its historical fundamentals such as Total Asset. Since Zurn Elkay's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zurn Elkay's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zurn Elkay's interrelated accounts and indicators.
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Zurn Total Asset Historical Pattern
Today, most investors in Zurn Elkay Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zurn Elkay's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Zurn Elkay total asset as a starting point in their analysis.
Zurn Elkay Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Zurn Total Assets
Total Assets |
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Based on the latest financial disclosure, Zurn Elkay Water has a Total Asset of 2.67 B. This is 33.41% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The total asset for all United States stocks is 90.95% higher than that of the company.
Zurn Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zurn Elkay's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics of similar companies.Zurn Elkay is currently under evaluation in total asset category among related companies.
Zurn Elkay Institutional Holders
Institutional Holdings refers to the ownership stake in Zurn Elkay that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Zurn Elkay's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Zurn Elkay's value.| Shares | State Street Corporation | 2023-12-31 | 3.3 M | Geode Capital Management, Llc | 2023-12-31 | 3.1 M | Beck, Mack & Oliver Llc | 2023-12-31 | 3 M | Brown Advisory Holdings Inc | 2024-03-31 | 2.8 M | Wells Fargo & Co | 2023-12-31 | 2.3 M | Crescent Grove Advisors, Llc | 2023-12-31 | 2.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.7 M | Ack Asset Management Llc | 2023-12-31 | 1.7 M | Vanguard Group Inc | 2023-12-31 | 13.7 M | Blackrock Inc | 2023-12-31 | 12.6 M |
Zurn Fundamentals
| Return On Equity | 0.072 | ||||
| Return On Asset | 0.0523 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 5.85 B | ||||
| Shares Outstanding | 172.7 M | ||||
| Shares Owned By Insiders | 3.01 % | ||||
| Shares Owned By Institutions | 85.90 % | ||||
| Number Of Shares Shorted | 5.11 M | ||||
| Price To Earning | 12.48 X | ||||
| Price To Book | 3.45 X | ||||
| Price To Sales | 3.61 X | ||||
| Revenue | 1.53 B | ||||
| Gross Profit | 465.5 M | ||||
| EBITDA | 315.8 M | ||||
| Net Income | 112.7 M | ||||
| Cash And Equivalents | 124.8 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 570.1 M | ||||
| Debt To Equity | 0.37 % | ||||
| Current Ratio | 2.43 X | ||||
| Book Value Per Share | 9.34 X | ||||
| Cash Flow From Operations | 253.9 M | ||||
| Short Ratio | 6.77 X | ||||
| Earnings Per Share | 0.65 X | ||||
| Price To Earnings To Growth | 1.50 X | ||||
| Target Price | 34.33 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 5.46 B | ||||
| Total Asset | 2.67 B | ||||
| Retained Earnings | (1.18 B) | ||||
| Working Capital | 446.9 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 2.67 B | ||||
| Last Dividend Paid | 0.3 |
About Zurn Elkay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zurn Elkay Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zurn Elkay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zurn Elkay Water based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Zurn Elkay Investors Sentiment
The influence of Zurn Elkay's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Zurn. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Zurn Elkay's public news can be used to forecast risks associated with an investment in Zurn. The trend in average sentiment can be used to explain how an investor holding Zurn can time the market purely based on public headlines and social activities around Zurn Elkay Water. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zurn Elkay's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Zurn Elkay's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Zurn Elkay's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zurn Elkay.
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 Zurn Elkay 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, Zurn Elkay's short interest history, or implied volatility extrapolated from Zurn Elkay 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 Zurn Elkay Water is a strong investment it is important to analyze Zurn Elkay's 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 Zurn Elkay's future performance. For an informed investment choice regarding Zurn Stock, refer to the following important reports:Check out Zurn Elkay Piotroski F Score and Zurn Elkay Altman Z Score analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Zurn Stock analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.
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Is Zurn Elkay'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 Zurn Elkay. If investors know Zurn 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 Zurn Elkay 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 0.483 | Dividend Share 0.3 | Earnings Share 0.65 | Revenue Per Share 8.836 | Quarterly Revenue Growth 0.005 |
The market value of Zurn Elkay Water is measured differently than its book value, which is the value of Zurn that is recorded on the company's balance sheet. Investors also form their own opinion of Zurn Elkay's value that differs from its market value or its book value, called intrinsic value, which is Zurn Elkay'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 Zurn Elkay's market value can be influenced by many factors that don't directly affect Zurn Elkay'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 Zurn Elkay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zurn Elkay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zurn Elkay'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.