Walmart Total Revenue vs Total Current Liabilities Analysis

0R1W Stock   59.60  33.17  35.76%   
Walmart financial indicator trend analysis is more than just analyzing Walmart current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walmart is a good investment. Please check the relationship between Walmart Total Revenue and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.

Total Revenue vs Total Current Liabilities

Total Revenue vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walmart Total Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Walmart's Total Revenue and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Total Revenue and Total Current Liabilities 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 Revenue of Walmart are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Walmart's Total Revenue and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Walmart generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Liabilities

Total Current Liabilities is an item on Walmart balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Walmart are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Walmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walmart 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 Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.Tax Provision is likely to drop to about 5.9 B in 2024. Selling General Administrative is likely to drop to about 118 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income2.4B2.2B2.5B2.5B
Tax Provision4.9B6.9B7.9B5.9B

Walmart fundamental ratios Correlations

0.860.970.73-0.640.94-0.890.890.940.920.890.990.880.920.490.990.92-0.38-0.850.640.670.890.930.88
0.860.760.49-0.640.73-0.930.990.730.780.920.840.70.810.310.880.71-0.39-0.750.630.60.750.740.7
0.970.760.75-0.690.91-0.820.780.910.880.850.970.860.870.50.960.93-0.24-0.870.590.670.90.920.87
0.730.490.75-0.560.7-0.410.50.70.780.390.650.830.620.00.640.72-0.49-0.730.690.370.810.790.9
-0.64-0.64-0.69-0.56-0.390.57-0.57-0.39-0.62-0.65-0.6-0.64-0.63-0.07-0.62-0.50.030.92-0.74-0.33-0.67-0.58-0.7
0.940.730.910.7-0.39-0.830.81.00.90.770.950.850.850.580.930.94-0.45-0.680.410.640.810.930.82
-0.89-0.93-0.82-0.410.57-0.83-0.94-0.83-0.77-0.96-0.91-0.67-0.86-0.56-0.92-0.840.330.74-0.4-0.7-0.76-0.82-0.66
0.890.990.780.5-0.570.8-0.940.80.80.920.880.720.850.370.910.76-0.46-0.730.610.650.770.780.71
0.940.730.910.7-0.391.0-0.830.80.90.770.950.850.850.580.930.94-0.45-0.680.410.640.810.930.82
0.920.780.880.78-0.620.9-0.770.80.90.760.90.990.810.470.890.82-0.42-0.810.620.370.750.910.96
0.890.920.850.39-0.650.77-0.960.920.770.760.920.690.830.590.940.77-0.13-0.760.520.640.720.750.66
0.990.840.970.65-0.60.95-0.910.880.950.90.920.850.910.591.00.92-0.31-0.810.560.680.850.920.83
0.880.70.860.83-0.640.85-0.670.720.850.990.690.850.760.40.840.77-0.38-0.810.670.30.730.860.98
0.920.810.870.62-0.630.85-0.860.850.850.810.830.910.760.440.920.86-0.54-0.850.620.770.870.910.78
0.490.310.50.0-0.070.58-0.560.370.580.470.590.590.40.440.560.530.17-0.25-0.170.230.20.50.3
0.990.880.960.64-0.620.93-0.920.910.930.890.941.00.840.920.560.91-0.34-0.820.60.690.860.910.83
0.920.710.930.72-0.50.94-0.840.760.940.820.770.920.770.860.530.91-0.41-0.760.380.750.910.960.8
-0.38-0.39-0.24-0.490.03-0.450.33-0.46-0.45-0.42-0.13-0.31-0.38-0.540.17-0.34-0.410.29-0.34-0.42-0.47-0.5-0.42
-0.85-0.75-0.87-0.730.92-0.680.74-0.73-0.68-0.81-0.76-0.81-0.81-0.85-0.25-0.82-0.760.29-0.74-0.54-0.86-0.84-0.87
0.640.630.590.69-0.740.41-0.40.610.410.620.520.560.670.62-0.170.60.38-0.34-0.740.310.630.510.7
0.670.60.670.37-0.330.64-0.70.650.640.370.640.680.30.770.230.690.75-0.42-0.540.310.80.640.35
0.890.750.90.81-0.670.81-0.760.770.810.750.720.850.730.870.20.860.91-0.47-0.860.630.80.90.8
0.930.740.920.79-0.580.93-0.820.780.930.910.750.920.860.910.50.910.96-0.5-0.840.510.640.90.9
0.880.70.870.9-0.70.82-0.660.710.820.960.660.830.980.780.30.830.8-0.42-0.870.70.350.80.9
Click cells to compare fundamentals

Walmart Account Relationship Matchups

Walmart fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets204.5B219.3B236.5B252.5B290.4B244.6B
Short Long Term Debt Total32.8B46.3B48.0B45.0B51.8B46.4B
Total Current Liabilities77.8B92.6B87.4B92.2B106.0B90.0B
Total Stockholder Equity77.9B72.5B74.7B80.9B93.1B84.4B
Retained Earnings83.9B88.8B86.9B83.1B74.8B68.3B
Cash6.5B7.7B9.5B17.7B20.4B10.6B
Other Assets5.4B3.8B4.5B4.7B4.2B5.1B
Long Term Debt26.0B39.7B43.7B41.2B47.4B40.3B
Cash And Short Term Investments6.5B7.7B9.5B17.7B20.4B10.6B
Net Receivables6.3B6.5B8.3B7.9B9.1B7.3B
Good Will18.2B31.2B31.1B29.0B33.3B27.8B
Capital Surpluse2.6B3.0B3.2B3.6B4.2B3.3B
Inventory44.4B44.9B56.5B56.6B65.1B52.4B
Other Stockholder Equity(12.8B)(11.8B)(8.8B)(11.7B)(13.4B)(14.1B)
Total Liab126.7B146.8B161.8B171.6B197.3B160.1B
Total Current Assets61.8B90.1B81.1B75.7B87.0B76.7B
Short Term Debt5.3B5.2B575M224M201.6M191.5M
Common Stock284M282M276M269M242.1M228.5M
Property Plant Equipment127.0B109.8B112.6B119.2B137.1B127.2B
Other Current Liab9.0B15.3B3.4B6.2B7.1B8.0B
Other Liab12.3B14.0B12.4B12.6B14.5B13.8B
Net Tangible Assets38.4B47.0B49.4B44.2B50.9B47.2B
Accounts Payable47.0B49.1B55.3B53.7B61.8B55.5B

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