Textron Stock Working Capital

TXT Stock

USD 85.63 0.55 0.65%

Textron fundamentals help investors to digest information that contributes to Textron's financial success or failures. It also enables traders to predict the movement of Textron Stock. The fundamental analysis module provides a way to measure Textron's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Textron stock.

	Last Reported	Projected for Next Year
Net Working Capital	4 B	3.3 B
Change In Working Capital	-38 M	-39.9 M

Net Working Capital is likely to drop to about 3.3 B in 2024. Change In Working Capital is likely to drop to about (39.9 M) in 2024.

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Textron Company Working Capital Analysis

Textron's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Textron Working Capital

4.03 B

Most of Textron's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Textron is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Textron Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Textron is extremely important. It helps to project a fair market value of Textron Stock properly, considering its historical fundamentals such as Working Capital. Since Textron's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Textron's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Textron's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Current Deferred Revenue	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.75	0.17	0.86	0.6	0.85	0.96	0.3	-0.11	0.56	0.78	0.71	0.94	-0.48	0.9	0.16	0.55	0.18	0.6	-0.6	0.43	-0.27	-0.31	-0.46
Total Stockholder Equity	0.75		0.13	0.93	0.38	0.43	0.87	0.02	-0.42	0.41	0.37	0.87	0.65	-0.26	0.58	0.57	0.67	0.26	0.89	-0.78	0.6	-0.38	-0.18	-0.36
Net Debt	0.17	0.13		0.25	0.4	0.16	0.23	0.09	0.39	0.26	0.04	0.5	0.07	0.33	0.03	0.52	0.1	-0.22	0.19	-0.29	-0.21	0.3	-0.04	0.05
Retained Earnings	0.86	0.93	0.25		0.42	0.64	0.94	0.22	-0.35	0.56	0.59	0.86	0.8	-0.45	0.73	0.44	0.58	0.05	0.77	-0.73	0.46	-0.25	-0.1	-0.25
Net Receivables	0.6	0.38	0.4	0.42		0.45	0.61	0.17	-0.04	0.53	0.41	0.59	0.55	-0.17	0.48	0.45	0.67	0.43	0.47	-0.39	0.07	0.17	-0.39	-0.48
Total Liab	0.85	0.43	0.16	0.64	0.45		0.73	0.27	0.15	0.58	0.94	0.36	0.91	-0.53	0.92	-0.21	0.29	-0.01	0.15	-0.2	0.1	0.02	-0.02	-0.1
Total Current Assets	0.96	0.87	0.23	0.94	0.61	0.73		0.33	-0.25	0.54	0.64	0.83	0.87	-0.45	0.81	0.39	0.62	0.21	0.77	-0.73	0.54	-0.23	-0.27	-0.5
Short Term Debt	0.3	0.02	0.09	0.22	0.17	0.27	0.33		-0.17	0.24	0.18	0.11	0.26	-0.56	0.23	0.0	-0.16	-0.3	0.14	-0.24	0.21	0.3	-0.08	-0.34
Intangible Assets	-0.11	-0.42	0.39	-0.35	-0.04	0.15	-0.25	-0.17		-0.17	0.05	-0.28	-0.2	0.54	-0.03	-0.36	-0.26	-0.1	-0.49	0.27	-0.33	0.17	0.07	0.19
Accounts Payable	0.56	0.41	0.26	0.56	0.53	0.58	0.54	0.24	-0.17		0.64	0.44	0.65	-0.57	0.66	0.12	0.4	-0.3	0.2	-0.3	-0.32	0.16	-0.18	0.06
Common Stock	0.78	0.37	0.04	0.59	0.41	0.94	0.64	0.18	0.05	0.64		0.27	0.92	-0.64	0.91	-0.31	0.29	-0.1	0.05	-0.1	-0.07	0.01	0.02	0.05
Good Will	0.71	0.87	0.5	0.86	0.59	0.36	0.83	0.11	-0.28	0.44	0.27		0.56	-0.09	0.47	0.74	0.65	0.21	0.86	-0.87	0.43	-0.27	-0.31	-0.42
Current Deferred Revenue	0.94	0.65	0.07	0.8	0.55	0.91	0.87	0.26	-0.2	0.65	0.92	0.56		-0.66	0.94	-0.01	0.47	0.05	0.42	-0.39	0.23	-0.16	-0.2	-0.26
Long Term Debt	-0.48	-0.26	0.33	-0.45	-0.17	-0.53	-0.45	-0.56	0.54	-0.57	-0.64	-0.09	-0.66		-0.6	0.22	-0.11	0.29	-0.12	0.05	-0.04	-0.17	-0.07	0.04
Treasury Stock	0.9	0.58	0.03	0.73	0.48	0.92	0.81	0.23	-0.03	0.66	0.91	0.47	0.94	-0.6		-0.14	0.35	-0.01	0.31	-0.41	0.18	-0.13	-0.16	-0.19
Property Plant Equipment	0.16	0.57	0.52	0.44	0.45	-0.21	0.39	0.0	-0.36	0.12	-0.31	0.74	-0.01	0.22	-0.14		0.56	0.31	0.77	-0.62	0.34	0.01	-0.16	-0.32
Net Tangible Assets	0.55	0.67	0.1	0.58	0.67	0.29	0.62	-0.16	-0.26	0.4	0.29	0.65	0.47	-0.11	0.35	0.56		0.62	0.64	-0.45	0.32	-0.16	-0.15	-0.33
Long Term Debt Total	0.18	0.26	-0.22	0.05	0.43	-0.01	0.21	-0.3	-0.1	-0.3	-0.1	0.21	0.05	0.29	-0.01	0.31	0.62		0.38	-0.17	0.52	-0.27	-0.2	-0.5
Capital Surpluse	0.6	0.89	0.19	0.77	0.47	0.15	0.77	0.14	-0.49	0.2	0.05	0.86	0.42	-0.12	0.31	0.77	0.64	0.38		-0.79	0.72	-0.32	-0.33	-0.62
Short Long Term Debt	-0.6	-0.78	-0.29	-0.73	-0.39	-0.2	-0.73	-0.24	0.27	-0.3	-0.1	-0.87	-0.39	0.05	-0.41	-0.62	-0.45	-0.17	-0.79		-0.52	0.4	0.38	0.49
Cash And Equivalents	0.43	0.6	-0.21	0.46	0.07	0.1	0.54	0.21	-0.33	-0.32	-0.07	0.43	0.23	-0.04	0.18	0.34	0.32	0.52	0.72	-0.52		-0.4	-0.12	-0.67
Net Invested Capital	-0.27	-0.38	0.3	-0.25	0.17	0.02	-0.23	0.3	0.17	0.16	0.01	-0.27	-0.16	-0.17	-0.13	0.01	-0.16	-0.27	-0.32	0.4	-0.4		0.57	0.4
Net Working Capital	-0.31	-0.18	-0.04	-0.1	-0.39	-0.02	-0.27	-0.08	0.07	-0.18	0.02	-0.31	-0.2	-0.07	-0.16	-0.16	-0.15	-0.2	-0.33	0.38	-0.12	0.57		0.74
Capital Stock	-0.46	-0.36	0.05	-0.25	-0.48	-0.1	-0.5	-0.34	0.19	0.06	0.05	-0.42	-0.26	0.04	-0.19	-0.32	-0.33	-0.5	-0.62	0.49	-0.67	0.4	0.74

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Textron

Working Capital Over Time

Based on the company's disclosures, Textron has a Working Capital of 4.03 B. This is much higher than that of the Aerospace & Defense sector and 193.8% higher than that of the Industrials industry. The working capital for all United States stocks is 172.43% lower than that of the firm.

Textron Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Textron's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Textron could also be used in its relative valuation, which is a method of valuing Textron by comparing valuation metrics of similar companies.

Textron is currently under evaluation in working capital category among its peers.

Textron ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Textron's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Textron's managers, analysts, and investors.

Environmental

Governance

Social

Textron Fundamentals

	Return On Equity	0.13
	Return On Asset	0.0479
	Profit Margin	0.06 %
	Operating Margin	0.08 %
	Current Valuation	18.12 B
	Shares Outstanding	185.51 M
	Shares Owned By Insiders	0.64 %
	Shares Owned By Institutions	86.71 %
	Number Of Shares Shorted	3.66 M
	Price To Earning	37.87 X
	Price To Book	2.29 X
	Price To Sales	1.14 X
	Revenue	13.68 B
	Gross Profit	2.06 B
	EBITDA	1.56 B
	Net Income	922 M
	Cash And Equivalents	1.96 B
	Cash Per Share	8.70 X
	Total Debt	3.87 B
	Debt To Equity	0.58 %
	Current Ratio	2.22 X
	Book Value Per Share	37.47 X
	Cash Flow From Operations	1.27 B
	Short Ratio	2.97 X
	Earnings Per Share	4.57 X
	Price To Earnings To Growth	0.81 X
	Target Price	99.27
	Number Of Employees	35 K
	Beta	1.24
	Market Capitalization	15.89 B
	Total Asset	16.86 B
	Retained Earnings	5.86 B
	Working Capital	4.03 B
	Current Asset	6.48 B
	Current Liabilities	3.79 B
	Annual Yield	0.0009 %
	Five Year Return	0.15 %
	Net Asset	16.86 B
	Last Dividend Paid	0.08

About Textron Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Textron's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Textron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Textron based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Textron Stock Analysis

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

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