Clorox Total Operating Expenses vs Total Revenue 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 Total Operating Expenses and its Total Revenue 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.

Total Operating Expenses vs Total Revenue

Total Operating Expenses vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clorox Total Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Clorox's Total Operating Expenses and Total Revenue is 0.99. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue 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 Total Operating Expenses and Total Revenue 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 Operating Expenses of The Clorox are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Clorox's Total Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Clorox generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.