Clorox Total Stockholder Equity vs Retained Earnings Analysis
CLX Stock | USD 129.02 0.81 0.63% |
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 Stockholder Equity and its Retained Earnings 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clorox Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Clorox's Total Stockholder Equity and Retained Earnings is 0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Stockholder Equity and Retained Earnings 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 Stockholder Equity of The Clorox are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Clorox's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 tightly coupled 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 Profit | 2.5B | 2.9B | 3.3B | 2.1B | Total Revenue | 7.1B | 7.4B | 8.5B | 4.6B |
Clorox fundamental ratios Correlations
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Clorox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clorox fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2B | 6.3B | 6.2B | 5.9B | 6.8B | 3.9B | |
Short Long Term Debt Total | 3.1B | 3.2B | 3.1B | 2.9B | 3.4B | 1.8B | |
Other Current Liab | 25M | 578M | 509M | 121M | 139.2M | 132.2M | |
Total Current Liabilities | 1.4B | 2.1B | 1.8B | 1.9B | 2.2B | 1.3B | |
Total Stockholder Equity | 908M | 411M | 556M | 220M | 198M | 188.1M | |
Property Plant And Equipment Net | 1.4B | 1.6B | 1.7B | 1.7B | 1.9B | 2.0B | |
Net Debt | 2.3B | 2.8B | 2.9B | 2.6B | 2.9B | 1.5B | |
Retained Earnings | 3.6B | 1.0B | 1.0B | 583M | 670.5M | 636.9M | |
Cash | 871M | 319M | 183M | 367M | 422.1M | 248.3M | |
Non Current Assets Total | 4.2B | 4.5B | 4.4B | 4.1B | 4.7B | 2.8B | |
Non Currrent Assets Other | 328M | 378M | 315M | 462M | 531.3M | 557.9M | |
Cash And Short Term Investments | 871M | 319M | 183M | 367M | 422.1M | 248.3M | |
Net Receivables | 648M | 604M | 681M | 688M | 791.2M | 488.3M | |
Common Stock Shares Outstanding | 127.7M | 127.3M | 123.9M | 124.2M | 111.8M | 175.2M | |
Liabilities And Stockholders Equity | 6.2B | 6.3B | 6.2B | 5.9B | 6.8B | 3.9B | |
Non Current Liabilities Total | 3.9B | 3.7B | 3.6B | 3.6B | 4.2B | 4.4B | |
Inventory | 454M | 752M | 755M | 696M | 800.4M | 840.4M | |
Other Current Assets | 47M | 154M | 106M | 77M | 88.6M | 87.2M | |
Other Stockholder Equity | (2.2B) | (210M) | (144M) | (1M) | (900K) | (945K) | |
Total Liab | 5.3B | 5.7B | 5.4B | 5.6B | 6.4B | 3.2B | |
Property Plant And Equipment Gross | 1.4B | 1.6B | 1.3B | 1.7B | 1.9B | 2.0B | |
Total Current Assets | 2.0B | 1.8B | 1.7B | 1.8B | 2.1B | 1.2B | |
Accumulated Other Comprehensive Income | (640M) | (546M) | (479M) | (493M) | (443.7M) | (465.9M) | |
Short Term Debt | 64M | 381M | 315M | 137M | 157.6M | 149.7M | |
Intangible Assets | 894M | 918M | 884M | 712M | 818.8M | 852.2M | |
Accounts Payable | 1.3B | 1.7B | 960M | 1.7B | 1.9B | 2.0B | |
Other Liab | 817M | 901M | 857M | 832M | 956.8M | 709.4M | |
Other Assets | 1.5B | 378M | 315M | 462M | 531.3M | 557.9M | |
Long Term Debt | 2.8B | 2.5B | 2.5B | 2.5B | 2.8B | 2.0B | |
Treasury Stock | (2.7B) | (3.2B) | (3.3B) | (1.4B) | (1.3B) | (1.3B) | |
Property Plant Equipment | 1.4B | 1.6B | 1.7B | 1.7B | 1.9B | 1.2B | |
Good Will | 1.6B | 1.6B | 1.6B | 1.3B | 1.4B | 1.3B | |
Net Tangible Assets | (1.6B) | (2.1B) | (1.9B) | (1.7B) | (1.6B) | (1.5B) | |
Retained Earnings Total Equity | 3.6B | 1.0B | 1.0B | 583M | 670.5M | 636.9M | |
Capital Surpluse | 1.1B | 1.2B | 1.2B | 1.2B | 1.4B | 991.1M | |
Deferred Long Term Liab | 62M | 67M | 66M | 28M | 32.2M | 38.3M |
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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 Clorox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clorox'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 The Clorox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Clorox Stock: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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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Is Clorox'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 Clorox. If investors know Clorox 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 Clorox 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 (0.06) | Dividend Share 4.8 | Earnings Share 1.95 | Revenue Per Share 58.111 | Quarterly Revenue Growth (0.05) |
The market value of Clorox is measured differently than its book value, which is the value of Clorox that is recorded on the company's balance sheet. Investors also form their own opinion of Clorox's value that differs from its market value or its book value, called intrinsic value, which is Clorox'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 Clorox's market value can be influenced by many factors that don't directly affect Clorox'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 Clorox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clorox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clorox'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.