Clorox Common Stock Total Equity vs Cash Analysis

CLX Stock  USD 132.97  0.53  0.40%   
Clorox financial indicator trend analysis is way more than just evaluating Clorox prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clorox is a good investment. Please check the relationship between Clorox Common Stock Total Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Total Equity vs Cash

Common Stock Total Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clorox Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Clorox's Common Stock Total Equity and Cash is -0.14. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of The Clorox, assuming nothing else is changed. The correlation between historical values of Clorox's Common Stock Total Equity and Cash 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 Total Equity of The Clorox are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., Clorox's Common Stock Total Equity and Cash go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash

Cash refers to the most liquid asset of Clorox, which is listed under current asset account on The Clorox balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Clorox customers. The amounts must be unrestricted with restricted cash listed in a different Clorox account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Clorox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clorox 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Clorox's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 27.16 in 2024, whereas Selling General Administrative is likely to drop slightly above 777.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.5B2.9B3.3B2.1B
Total Revenue7.1B7.4B8.5B4.6B

Clorox fundamental ratios Correlations

0.970.110.80.140.730.940.190.330.990.630.330.89-0.870.830.740.28-0.090.980.710.95-0.040.830.66-0.9-0.9
0.970.140.85-0.010.660.970.240.30.960.510.30.95-0.930.780.640.42-0.20.990.640.930.140.80.52-0.9-0.9
0.110.140.21-0.02-0.040.21-0.07-0.250.12-0.25-0.250.15-0.17-0.040.090.30.060.12-0.090.060.330.17-0.06-0.14-0.14
0.80.850.21-0.320.630.84-0.040.20.780.460.20.87-0.820.60.630.510.00.870.620.810.460.590.5-0.87-0.87
0.14-0.01-0.02-0.32-0.12-0.060.540.230.17-0.020.23-0.170.070.0-0.06-0.65-0.27-0.04-0.160.04-0.460.290.130.20.2
0.730.66-0.040.63-0.120.65-0.30.160.730.940.160.64-0.420.920.950.240.390.690.980.68-0.220.680.86-0.83-0.83
0.940.970.210.84-0.060.650.170.070.950.50.070.95-0.910.760.680.46-0.150.960.620.840.170.810.49-0.91-0.91
0.190.24-0.07-0.040.54-0.30.170.330.2-0.30.330.2-0.350.05-0.28-0.2-0.950.15-0.270.160.150.4-0.140.010.01
0.330.3-0.250.20.230.160.070.330.230.141.00.21-0.260.24-0.03-0.1-0.270.30.210.55-0.110.110.22-0.14-0.14
0.990.960.120.780.170.730.950.20.230.640.230.88-0.850.830.760.25-0.090.970.70.91-0.050.870.66-0.9-0.9
0.630.51-0.250.46-0.020.940.5-0.30.140.640.140.48-0.260.840.90.010.440.560.960.56-0.410.60.92-0.68-0.68
0.330.3-0.250.20.230.160.070.331.00.230.140.21-0.260.24-0.03-0.1-0.270.30.210.55-0.110.110.22-0.14-0.14
0.890.950.150.87-0.170.640.950.20.210.880.480.21-0.910.740.610.41-0.210.940.620.860.270.740.47-0.89-0.89
-0.87-0.93-0.17-0.820.07-0.42-0.91-0.35-0.26-0.85-0.26-0.26-0.91-0.6-0.44-0.460.37-0.92-0.4-0.86-0.28-0.67-0.30.830.83
0.830.78-0.040.60.00.920.760.050.240.830.840.240.74-0.60.880.270.040.790.910.76-0.230.850.81-0.88-0.88
0.740.640.090.63-0.060.950.68-0.28-0.030.760.9-0.030.61-0.440.880.220.390.690.930.63-0.20.750.88-0.85-0.85
0.280.420.30.51-0.650.240.46-0.2-0.10.250.01-0.10.41-0.460.270.220.00.410.240.310.470.16-0.1-0.5-0.5
-0.09-0.20.060.0-0.270.39-0.15-0.95-0.27-0.090.44-0.27-0.210.370.040.390.0-0.110.35-0.09-0.34-0.260.31-0.03-0.03
0.980.990.120.87-0.040.690.960.150.30.970.560.30.94-0.920.790.690.41-0.110.680.950.080.770.57-0.93-0.93
0.710.64-0.090.62-0.160.980.62-0.270.210.70.960.210.62-0.40.910.930.240.350.680.68-0.220.660.9-0.81-0.81
0.950.930.060.810.040.680.840.160.550.910.560.550.86-0.860.760.630.31-0.090.950.680.00.680.6-0.86-0.86
-0.040.140.330.46-0.46-0.220.170.15-0.11-0.05-0.41-0.110.27-0.28-0.23-0.20.47-0.340.08-0.220.0-0.03-0.34-0.1-0.1
0.830.80.170.590.290.680.810.40.110.870.60.110.74-0.670.850.750.16-0.260.770.660.68-0.030.69-0.79-0.79
0.660.52-0.060.50.130.860.49-0.140.220.660.920.220.47-0.30.810.88-0.10.310.570.90.6-0.340.69-0.67-0.67
-0.9-0.9-0.14-0.870.2-0.83-0.910.01-0.14-0.9-0.68-0.14-0.890.83-0.88-0.85-0.5-0.03-0.93-0.81-0.86-0.1-0.79-0.671.0
-0.9-0.9-0.14-0.870.2-0.83-0.910.01-0.14-0.9-0.68-0.14-0.890.83-0.88-0.85-0.5-0.03-0.93-0.81-0.86-0.1-0.79-0.671.0
Click cells to compare fundamentals

Clorox Account Relationship Matchups

Clorox fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.3B6.2B5.9B6.8B3.9B
Short Long Term Debt Total3.1B3.2B3.1B2.9B3.4B1.8B
Other Current Liab25M578M509M121M139.2M132.2M
Total Current Liabilities1.4B2.1B1.8B1.9B2.2B1.3B
Total Stockholder Equity908M411M556M220M198M188.1M
Property Plant And Equipment Net1.4B1.6B1.7B1.7B1.9B2.0B
Net Debt2.3B2.8B2.9B2.6B2.9B1.5B
Retained Earnings3.6B1.0B1.0B583M670.5M636.9M
Cash871M319M183M367M422.1M248.3M
Non Current Assets Total4.2B4.5B4.4B4.1B4.7B2.8B
Non Currrent Assets Other328M378M315M462M531.3M557.9M
Cash And Short Term Investments871M319M183M367M422.1M248.3M
Net Receivables648M604M681M688M791.2M488.3M
Common Stock Shares Outstanding127.7M127.3M123.9M124.2M111.8M175.2M
Liabilities And Stockholders Equity6.2B6.3B6.2B5.9B6.8B3.9B
Non Current Liabilities Total3.9B3.7B3.6B3.6B4.2B4.4B
Inventory454M752M755M696M800.4M840.4M
Other Current Assets47M154M106M77M88.6M87.2M
Other Stockholder Equity(2.2B)(210M)(144M)(1M)(900K)(945K)
Total Liab5.3B5.7B5.4B5.6B6.4B3.2B
Property Plant And Equipment Gross1.4B1.6B1.3B1.7B1.9B2.0B
Total Current Assets2.0B1.8B1.7B1.8B2.1B1.2B
Accumulated Other Comprehensive Income(640M)(546M)(479M)(493M)(443.7M)(465.9M)
Short Term Debt64M381M315M137M157.6M149.7M
Intangible Assets894M918M884M712M818.8M852.2M
Accounts Payable1.3B1.7B960M1.7B1.9B2.0B
Other Liab817M901M857M832M956.8M709.4M
Other Assets1.5B378M315M462M531.3M557.9M
Long Term Debt2.8B2.5B2.5B2.5B2.8B2.0B
Treasury Stock(2.7B)(3.2B)(3.3B)(1.4B)(1.3B)(1.3B)
Property Plant Equipment1.4B1.6B1.7B1.7B1.9B1.2B
Good Will1.6B1.6B1.6B1.3B1.4B1.3B
Net Tangible Assets(1.6B)(2.1B)(1.9B)(1.7B)(1.6B)(1.5B)
Retained Earnings Total Equity3.6B1.0B1.0B583M670.5M636.9M
Capital Surpluse1.1B1.2B1.2B1.2B1.4B991.1M

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.

Additional Tools for Clorox Stock Analysis

When running Clorox's price analysis, check to measure Clorox'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 Clorox is operating at the current time. Most of Clorox's value examination focuses on studying past and present price action to predict the probability of Clorox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clorox's price. Additionally, you may evaluate how the addition of Clorox to your portfolios can decrease your overall portfolio volatility.