Winnebago Total Liab vs Other Stockholder Equity Analysis
WGO Stock | USD 61.18 1.41 2.25% |
Winnebago Industries financial indicator trend analysis is more than just analyzing Winnebago Industries current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winnebago Industries is a good investment. Please check the relationship between Winnebago Industries Total Liab and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
Total Liab vs Other Stockholder Equity
Total Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winnebago Industries Total Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Winnebago Industries' Total Liab and Other Stockholder Equity is -0.16. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Winnebago Industries, assuming nothing else is changed. The correlation between historical values of Winnebago Industries' Total Liab and Other Stockholder Equity 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 Liab of Winnebago Industries are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Winnebago Industries' Total Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Other Stockholder Equity
Most indicators from Winnebago Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winnebago Industries 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 Winnebago Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.At this time, Winnebago Industries' Selling General Administrative is very stable compared to the past year. As of the 14th of November 2024, Tax Provision is likely to grow to about 50.4 M, while Enterprise Value Over EBITDA is likely to drop 16.71.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 929.3M | 586.1M | 433.5M | 455.2M | Total Revenue | 5.0B | 3.5B | 3.0B | 3.1B |
Winnebago Industries fundamental ratios Correlations
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Winnebago Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Winnebago Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.1B | 2.4B | 2.4B | 2.4B | 2.5B | |
Short Long Term Debt Total | 539.7M | 555.3M | 586.3M | 634.4M | 696.2M | 731.0M | |
Other Current Liab | 167.9M | 227.2M | 74.7M | 102.2M | (87.9M) | (83.5M) | |
Total Current Liabilities | 300.4M | 407.3M | 522.1M | 396M | 404.7M | 424.9M | |
Total Stockholder Equity | 827.5M | 1.1B | 1.3B | 1.4B | 1.3B | 1.3B | |
Property Plant And Equipment Net | 204.4M | 219.8M | 317.4M | 369.9M | 385.5M | 404.8M | |
Net Debt | 247.1M | 120.7M | 304.1M | 324.5M | 365.3M | 383.6M | |
Retained Earnings | 913.6M | 1.2B | 1.5B | 1.7B | 1.7B | 1.8B | |
Cash | 292.6M | 434.6M | 282.2M | 309.9M | 330.9M | 347.4M | |
Non Current Assets Total | 1.0B | 1.0B | 1.3B | 1.4B | 1.4B | 1.5B | |
Non Currrent Assets Other | (590K) | (35.6M) | 14.2M | 8.3M | 14.2M | 17.7M | |
Cash And Short Term Investments | 292.6M | 434.6M | 282.2M | 309.9M | 330.9M | 347.4M | |
Net Receivables | 220.8M | 253.8M | 254.1M | 178.5M | 183.5M | 192.7M | |
Common Stock Shares Outstanding | 33.5M | 34.1M | 33.0M | 35.4M | 29.5M | 31.2M | |
Liabilities And Stockholders Equity | 1.7B | 2.1B | 2.4B | 2.4B | 2.4B | 2.5B | |
Non Current Liabilities Total | 585.8M | 598.3M | 631.6M | 668.3M | 706.2M | 741.5M | |
Inventory | 182.9M | 341.5M | 525.8M | 470.6M | 438.7M | 460.6M | |
Other Current Assets | 17.3M | 29.1M | 31.8M | 37.7M | 35.6M | 37.4M | |
Other Stockholder Equity | (111.5M) | (141.5M) | (300.0M) | (405.2M) | (475.5M) | (451.7M) | |
Total Liab | 886.2M | 1.0B | 1.2B | 1.1B | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 204.4M | 219.8M | 317.4M | 573M | 616.6M | 647.4M | |
Total Current Assets | 713.6M | 1.1B | 1.1B | 996.7M | 988.7M | 1.0B | |
Short Term Debt | 3.2M | 13.4M | 5.7M | 7.2M | 59.1M | 62.1M | |
Accounts Payable | 132.5M | 180.0M | 217.5M | 146.9M | 144.7M | 151.9M | |
Intangible Assets | 404.8M | 390.4M | 472.4M | 502M | 479M | 503.0M | |
Other Liab | 41.3M | 37.7M | 45.3M | 26.2M | 23.6M | 22.4M | |
Other Assets | 38.5M | 16.6M | 48.9M | 20M | 18M | 17.1M | |
Treasury Stock | (347.4M) | (351.3M) | (315.3M) | (359.9M) | (323.9M) | (340.1M) | |
Property Plant Equipment | 174.9M | 219.8M | 276.2M | 369.9M | 425.4M | 446.7M | |
Current Deferred Revenue | (3.2M) | 13.4M | 6.1M | (7.2M) | 144.1M | 151.3M | |
Net Tangible Assets | 74.6M | 318.5M | 306.4M | 351.6M | 404.3M | 424.6M | |
Long Term Debt | 512.6M | 528.6M | 545.9M | 592.4M | 637.1M | 669.0M | |
Retained Earnings Total Equity | 866.9M | 913.6M | 1.2B | 1.5B | 1.8B | 1.9B | |
Capital Surpluse | 203.8M | 218.5M | 256.2M | 197.7M | 227.4M | 118.1M |
Pair Trading with Winnebago Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Winnebago Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Winnebago Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Winnebago Stock
Moving against Winnebago Stock
The ability to find closely correlated positions to Winnebago Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Winnebago Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Winnebago Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Winnebago Industries to buy it.
The correlation of Winnebago Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Winnebago Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Winnebago Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Winnebago Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Automobile Manufacturers space 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 Winnebago Industries. If investors know Winnebago 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 Winnebago Industries 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 (0.44) | Dividend Share 1.24 | Earnings Share 0.44 | Revenue Per Share 101.832 | Quarterly Revenue Growth (0.07) |
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' 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 Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' 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 Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' 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.