Workday Total Stockholder Equity vs Deferred Long Term Liab Analysis

WDAY Stock  USD 251.04  3.02  1.19%   
Workday financial indicator trend analysis is more than just analyzing Workday current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workday is a good investment. Please check the relationship between Workday Total Stockholder Equity and its Deferred Long Term Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.

Total Stockholder Equity vs Deferred Long Term Liab

Total Stockholder Equity vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workday Total Stockholder Equity account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Workday's Total Stockholder Equity and Deferred Long Term Liab is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Workday, assuming nothing else is changed. The correlation between historical values of Workday's Total Stockholder Equity and Deferred Long Term Liab 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 Workday are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Stockholder Equity i.e., Workday's Total Stockholder Equity and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Workday's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workday 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.At this time, Workday's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, despite the fact that Tax Provision is likely to grow to (973.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit3.7B4.5B5.5B5.8B
Total Revenue5.1B6.2B7.3B7.6B

Workday fundamental ratios Correlations

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0.960.830.880.950.830.990.940.940.930.510.950.940.860.970.30.92-0.550.670.880.950.950.920.820.650.95
0.940.770.850.910.770.990.90.90.910.460.910.90.810.960.310.88-0.470.620.840.940.950.880.770.610.95
0.990.960.950.970.950.940.90.990.960.650.990.990.970.970.250.99-0.770.780.980.920.890.990.950.730.91
0.990.970.960.970.940.940.90.990.950.650.990.990.980.960.251.0-0.770.80.980.910.91.00.950.710.92
0.970.920.920.910.890.930.910.960.950.590.940.950.920.970.190.96-0.610.630.960.980.870.950.910.60.9
0.610.670.640.620.670.510.460.650.650.590.640.640.660.550.020.65-0.580.590.650.540.520.660.660.250.56
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0.750.80.830.760.730.670.620.780.80.630.590.810.810.780.670.130.78-0.820.750.550.720.810.790.640.74
0.980.970.940.930.960.880.840.980.980.960.650.960.980.970.950.120.99-0.740.750.920.840.990.990.650.87
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0.680.720.640.70.670.650.610.730.710.60.250.70.670.720.630.550.71-0.770.640.650.530.570.690.640.58
0.940.820.930.90.760.950.950.910.920.90.560.940.930.820.930.270.9-0.570.740.870.921.00.910.820.58
Click cells to compare fundamentals

Workday Account Relationship Matchups

Workday fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B8.7B10.5B13.5B16.5B17.3B
Property Plant And Equipment Net1.2B1.4B1.4B1.5B1.5B1.6B
Net Debt838.7M853.9M568.5M1.4B1.3B1.3B
Cash731.1M1.4B1.5B1.9B2.0B2.1B
Other Assets274.1M461.6M682.5M498.0M572.6M601.3M
Cash And Short Term Investments1.9B3.5B3.6B6.1B7.8B8.2B
Short Term Investments1.2B2.2B2.1B4.2B5.8B6.1B
Other Stockholder Equity5.1B6.2B7.3B8.6B9.8B10.3B
Total Liab4.3B5.4B6.0B7.9B8.4B8.8B
Property Plant And Equipment Gross1.2B1.4B1.4B1.5B2.8B2.9B
Accumulated Other Comprehensive Income23.5M(55.0M)7.7M53.1M21M22.1M
Common Stock Shares Outstanding227.2M237.0M254.0M254.8M265.3M231.6M
Short Long Term Debt Total1.6B2.2B2.1B3.2B3.3B3.5B
Other Current Liab378.2M454.3M598.5M823.7M831M872.6M
Total Current Liabilities3.0B4.3B5.1B4.6B5.1B5.3B
Total Stockholder Equity2.5B3.3B4.5B5.6B8.1B8.5B
Other Liab101.0M116.0M95.8M114.8M132.0M127.6M
Current Deferred Revenue2.2B2.6B3.1B3.6B4.1B4.3B
Retained Earnings(2.6B)(2.9B)(2.7B)(3.1B)(1.7B)(1.8B)
Accounts Payable57.6M75.6M55.5M153.8M78M42.5M
Non Current Assets Total3.7B3.9B5.3B5.4B6.7B7.1B
Non Currrent Assets Other285.1M317.5M414.1M505.8M1.1B1.1B
Long Term Debt1.0B691.9M617.4M3.0B3.0B3.1B
Net Receivables877.6M1.0B1.2B1.6B1.6B1.7B
Good Will1.4B1.8B1.8B2.8B2.8B3.0B
Common Stock Total Equity221K231K242K251K288.7K196.1K
Liabilities And Stockholders Equity6.8B8.7B10.5B13.5B16.5B17.3B
Non Current Liabilities Total1.4B1.2B895.6M3.3B3.3B3.5B
Other Current Assets272.5M233.9M327.4M225.7M255M162.7M
Total Current Assets3.1B4.8B5.2B8.1B9.7B10.2B
Short Term Debt310.5M1.2B1.3B91.3M89M84.6M
Intangible Assets308.4M248.6M391.0M305.5M233M151.0M
Common Stock231K242K251K259K297.9K202.9K
Property Plant Equipment936.2M972.4M1.4B1.5B1.7B1.8B
Net Tangible Assets358.9M1.5B1.3B2.4B2.8B2.9B
Retained Earnings Total Equity(2.1B)(2.6B)(2.9B)(2.7B)(2.5B)(2.6B)
Capital Surpluse4.1B5.1B6.3B7.3B8.4B8.8B
Deferred Long Term Liab222.4M271.8M341.3M421.0M484.1M508.3M

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When determining whether Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday'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 Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.
Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is Workday'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 Workday. If investors know Workday 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 Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.22
Revenue Per Share
27.776
Quarterly Revenue Growth
0.168
Return On Assets
0.0076
Return On Equity
0.2021
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday'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 Workday's market value can be influenced by many factors that don't directly affect Workday'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 Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday'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.