GWW Common Stock Total Equity vs Non Currrent Assets Other Analysis

GWW Stock  USD 892.25  13.22  1.50%   
WW Grainger financial indicator trend analysis is more than just analyzing WW Grainger current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WW Grainger is a good investment. Please check the relationship between WW Grainger Common Stock Total Equity and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.

Common Stock Total Equity vs Non Currrent Assets Other

Common Stock Total Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WW Grainger Common Stock Total Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WW Grainger's Common Stock Total Equity and Non Currrent Assets Other is -0.13. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of WW Grainger, assuming nothing else is changed. The correlation between historical values of WW Grainger's Common Stock Total Equity and Non Currrent Assets Other 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 WW Grainger are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Total Equity i.e., WW Grainger's Common Stock Total Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.13
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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from WW Grainger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WW Grainger 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.At this time, WW Grainger's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 9.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.7B5.8B6.5B6.8B
Total Revenue13.0B15.2B16.5B17.3B

WW Grainger fundamental ratios Correlations

0.80.940.690.480.980.740.970.670.66-0.020.670.97-0.840.830.980.55-0.90.90.980.040.950.740.1-0.020.64
0.80.70.63-0.070.820.990.870.450.53-0.370.450.84-0.750.990.810.2-0.960.980.790.060.890.57-0.170.170.46
0.940.70.770.540.880.640.870.610.760.060.610.86-0.910.740.90.59-0.810.830.890.070.870.540.30.110.44
0.690.630.770.490.640.640.620.190.940.120.190.61-0.90.610.650.65-0.650.710.610.410.670.180.40.270.18
0.48-0.070.540.490.42-0.130.330.340.590.490.340.35-0.48-0.020.430.69-0.150.120.440.020.270.250.48-0.230.32
0.980.820.880.640.420.760.980.60.61-0.070.60.97-0.780.830.970.5-0.910.890.970.030.940.780.03-0.050.68
0.740.990.640.64-0.130.760.810.30.54-0.380.30.79-0.720.960.740.19-0.920.950.720.110.850.47-0.160.210.37
0.970.870.870.620.330.980.810.670.55-0.170.670.99-0.790.890.980.43-0.960.930.98-0.070.970.79-0.11-0.10.69
0.670.450.610.190.340.60.30.670.2-0.061.00.63-0.450.510.660.11-0.580.520.72-0.250.560.74-0.1-0.170.71
0.660.530.760.940.590.610.540.550.20.240.20.53-0.90.530.580.57-0.560.630.540.360.570.150.570.320.16
-0.02-0.370.060.120.49-0.07-0.38-0.17-0.060.24-0.06-0.190.01-0.38-0.110.170.31-0.26-0.120.46-0.26-0.120.59-0.09-0.13
0.670.450.610.190.340.60.30.671.00.2-0.060.63-0.450.510.660.11-0.580.520.72-0.250.560.74-0.1-0.170.71
0.970.840.860.610.350.970.790.990.630.53-0.190.63-0.760.870.990.5-0.950.910.99-0.090.980.77-0.13-0.140.68
-0.84-0.75-0.91-0.9-0.48-0.78-0.72-0.79-0.45-0.90.01-0.45-0.76-0.78-0.8-0.560.81-0.84-0.78-0.11-0.81-0.34-0.29-0.15-0.3
0.830.990.740.61-0.020.830.960.890.510.53-0.380.510.87-0.780.840.23-0.980.980.83-0.060.920.58-0.20.090.48
0.980.810.90.650.430.970.740.980.660.58-0.110.660.99-0.80.840.57-0.920.91.0-0.050.970.74-0.05-0.160.65
0.550.20.590.650.690.50.190.430.110.570.170.110.5-0.560.230.57-0.330.360.530.110.510.130.32-0.160.12
-0.9-0.96-0.81-0.65-0.15-0.91-0.92-0.96-0.58-0.560.31-0.58-0.950.81-0.98-0.92-0.33-0.98-0.920.07-0.97-0.670.20.03-0.59
0.90.980.830.710.120.890.950.930.520.63-0.260.520.91-0.840.980.90.36-0.980.880.070.950.6-0.060.130.49
0.980.790.890.610.440.970.720.980.720.54-0.120.720.99-0.780.831.00.53-0.920.88-0.10.960.78-0.08-0.170.69
0.040.060.070.410.020.030.11-0.07-0.250.360.46-0.25-0.09-0.11-0.06-0.050.110.070.07-0.1-0.08-0.080.560.57-0.12
0.950.890.870.670.270.940.850.970.560.57-0.260.560.98-0.810.920.970.51-0.970.950.96-0.080.68-0.12-0.060.58
0.740.570.540.180.250.780.470.790.740.15-0.120.740.77-0.340.580.740.13-0.670.60.78-0.080.68-0.22-0.160.96
0.1-0.170.30.40.480.03-0.16-0.11-0.10.570.59-0.1-0.13-0.29-0.2-0.050.320.2-0.06-0.080.56-0.12-0.220.58-0.26
-0.020.170.110.27-0.23-0.050.21-0.1-0.170.32-0.09-0.17-0.14-0.150.09-0.16-0.160.030.13-0.170.57-0.06-0.160.58-0.23
0.640.460.440.180.320.680.370.690.710.16-0.130.710.68-0.30.480.650.12-0.590.490.69-0.120.580.96-0.26-0.23
Click cells to compare fundamentals

WW Grainger Account Relationship Matchups

WW Grainger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.3B6.6B7.6B8.1B8.6B
Short Long Term Debt Total2.2B2.4B2.8B2.7B2.8B2.9B
Other Current Liab658M654M646M739M724M760.2M
Total Current Liabilities1.7B1.4B1.5B2.0B1.8B948.5M
Property Plant And Equipment Net1.4B1.4B1.8B1.8B2.1B2.2B
Net Debt1.9B1.8B2.5B2.4B2.1B2.2B
Retained Earnings8.4B8.8B9.5B10.7B12.2B12.8B
Cash360M585M241M325M660M693M
Non Current Assets Total2.5B2.4B2.6B2.6B2.9B1.5B
Non Currrent Assets Other306M327M142M59M182M168.8M
Cash And Short Term Investments360M585M241M325M660M693M
Net Receivables1.4B1.5B1.8B2.1B2.2B2.3B
Common Stock Shares Outstanding54.9M53.7M52.2M51.1M50.1M68.5M
Liabilities And Stockholders Equity6.0B6.3B6.6B7.6B8.1B8.6B
Non Current Liabilities Total2.3B2.8B2.9B2.8B2.9B3.0B
Inventory1.7B1.7B1.9B2.3B2.3B2.4B
Other Current Assets104M120M146M266M156M117.4M
Other Stockholder Equity(6.2B)(6.7B)(7.3B)(7.8B)(8.6B)(8.2B)
Total Liab3.9B4.2B4.4B4.9B4.7B4.9B
Total Current Assets3.6B3.9B4.0B5.0B5.3B5.5B
Short Term Debt301M8M66M103M105M114.7M
Accounts Payable719M779M816M1.0B954M1.0B
Property Plant And Equipment Gross1.4B1.4B1.4B1.5B4.1B4.4B
Accumulated Other Comprehensive Income(154M)(61M)(96M)(180M)(172M)(180.6M)
Good Will429M391M384M371M370M363.4M
Intangible Assets304M228M238M232M234M283.2M
Other Liab182M372M208M207M238.1M221.6M
Other Assets94M362M142M180M207M153.5M
Long Term Debt1.9B2.4B2.4B2.3B2.3B2.4B
Treasury Stock(7.6B)(8.2B)(8.9B)(9.4B)(8.5B)(8.1B)
Property Plant Equipment1.4B1.4B1.8B1.8B2.1B1.2B
Net Tangible Assets1.6B1.2B1.5B2.2B1.9B1.5B
Noncontrolling Interest In Consolidated Entity205M265M286M295M339.3M356.2M
Retained Earnings Total Equity8.4B8.8B9.5B10.7B12.3B7.1B
Long Term Debt Total1.9B2.4B2.4B2.3B2.6B1.6B

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 GWW Stock Analysis

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