Willdan Capital Expenditures vs Free Cash Flow Analysis

WLDN Stock

USD 43.12 0.11 0.26%

Willdan financial indicator trend analysis is more than just analyzing Willdan Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Willdan Group is a good investment. Please check the relationship between Willdan Capital Expenditures and its Free Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willdan Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Willdan Group Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between Willdan's Capital Expenditures and Free Cash Flow is 0.38. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Willdan Group, assuming nothing else is changed. The correlation between historical values of Willdan's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Willdan Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Willdan's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Willdan Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Willdan operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Willdan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Willdan Group 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 Willdan Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At this time, Willdan's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Tax Provision is likely to grow to about 4.5 M, while Sales General And Administrative To Revenue is likely to drop 0.36.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	144.6M	150.6M	157.7M	165.6M
Cost Of Revenue	217.9M	285.6M	330.3M	346.8M

Total Operating Expenses Cost Of Revenue

Willdan fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Common Stock
Total Assets		0.99	0.96	0.28	0.86	0.28	0.84	0.97	0.99	0.98	0.98	0.86	0.99	0.96	0.69	0.85	1.0	0.63	0.98	1.0	-0.31	0.98	0.77	0.84	0.92	-0.3
Total Stockholder Equity	0.99		0.91	0.31	0.87	0.31	0.83	0.99	0.97	0.99	0.95	0.8	0.98	0.95	0.67	0.83	0.98	0.55	0.98	0.99	-0.33	0.95	0.72	0.87	0.9	-0.32
Net Debt	0.96	0.91		0.07	0.88	0.07	0.78	0.89	0.97	0.9	0.99	0.88	0.95	0.93	0.63	0.8	0.97	0.73	0.92	0.95	-0.19	0.98	0.74	0.75	0.93	-0.19
Cash	0.28	0.31	0.07		0.0	1.0	0.44	0.31	0.25	0.36	0.2	0.26	0.3	0.24	0.23	0.38	0.24	-0.05	0.22	0.27	-0.43	0.22	0.45	0.26	0.19	-0.42
Other Assets	0.86	0.87	0.88	0.0		0.0	0.59	0.86	0.85	0.81	0.87	0.61	0.82	0.91	0.48	0.59	0.87	0.51	0.87	0.87	0.08	0.86	0.49	0.87	0.88	0.09
Cash And Short Term Investments	0.28	0.31	0.07	1.0	0.0		0.43	0.31	0.25	0.36	0.2	0.26	0.3	0.24	0.23	0.38	0.24	-0.05	0.22	0.27	-0.43	0.22	0.45	0.26	0.19	-0.42
Common Stock Shares Outstanding	0.84	0.83	0.78	0.44	0.59	0.43		0.84	0.83	0.85	0.8	0.84	0.86	0.78	0.48	0.85	0.83	0.53	0.8	0.83	-0.58	0.8	0.68	0.62	0.78	-0.57
Other Stockholder Equity	0.97	0.99	0.89	0.31	0.86	0.31	0.84		0.94	0.97	0.92	0.74	0.95	0.94	0.54	0.78	0.95	0.48	0.96	0.97	-0.39	0.92	0.69	0.88	0.91	-0.38
Total Liab	0.99	0.97	0.97	0.25	0.85	0.25	0.83	0.94		0.96	0.99	0.9	0.99	0.95	0.7	0.86	1.0	0.68	0.97	0.99	-0.28	0.99	0.8	0.8	0.92	-0.28
Total Current Assets	0.98	0.99	0.9	0.36	0.81	0.36	0.85	0.97	0.96		0.93	0.82	0.98	0.94	0.67	0.82	0.96	0.53	0.98	0.97	-0.41	0.94	0.73	0.87	0.87	-0.4
Short Long Term Debt Total	0.98	0.95	0.99	0.2	0.87	0.2	0.8	0.92	0.99	0.93		0.88	0.97	0.95	0.65	0.82	0.99	0.7	0.94	0.97	-0.23	1.0	0.78	0.79	0.94	-0.23
Other Current Liab	0.86	0.8	0.88	0.26	0.61	0.26	0.84	0.74	0.9	0.82	0.88		0.89	0.76	0.73	0.87	0.87	0.67	0.82	0.84	-0.3	0.89	0.83	0.52	0.74	-0.3
Total Current Liabilities	0.99	0.98	0.95	0.3	0.82	0.3	0.86	0.95	0.99	0.98	0.97	0.89		0.94	0.71	0.88	0.99	0.64	0.97	0.99	-0.34	0.97	0.79	0.79	0.91	-0.33
Property Plant And Equipment Net	0.96	0.95	0.93	0.24	0.91	0.24	0.78	0.94	0.95	0.94	0.95	0.76	0.94		0.54	0.71	0.95	0.56	0.94	0.95	-0.22	0.95	0.67	0.92	0.94	-0.21
Retained Earnings	0.69	0.67	0.63	0.23	0.48	0.23	0.48	0.54	0.7	0.67	0.65	0.73	0.71	0.54		0.76	0.69	0.6	0.7	0.7	-0.03	0.69	0.6	0.43	0.46	-0.03
Accounts Payable	0.85	0.83	0.8	0.38	0.59	0.38	0.85	0.78	0.86	0.82	0.82	0.87	0.88	0.71	0.76		0.86	0.63	0.79	0.86	-0.35	0.83	0.81	0.52	0.76	-0.35
Non Current Assets Total	1.0	0.98	0.97	0.24	0.87	0.24	0.83	0.95	1.0	0.96	0.99	0.87	0.99	0.95	0.69	0.86		0.68	0.96	0.99	-0.27	0.99	0.79	0.8	0.94	-0.26
Non Currrent Assets Other	0.63	0.55	0.73	-0.05	0.51	-0.05	0.53	0.48	0.68	0.53	0.7	0.67	0.64	0.56	0.6	0.63	0.68		0.57	0.61	-0.15	0.71	0.49	0.33	0.65	-0.15
Net Receivables	0.98	0.98	0.92	0.22	0.87	0.22	0.8	0.96	0.97	0.98	0.94	0.82	0.97	0.94	0.7	0.79	0.96	0.57		0.97	-0.31	0.95	0.66	0.88	0.87	-0.3
Good Will	1.0	0.99	0.95	0.27	0.87	0.27	0.83	0.97	0.99	0.97	0.97	0.84	0.99	0.95	0.7	0.86	0.99	0.61	0.97		-0.27	0.97	0.77	0.83	0.92	-0.27
Common Stock Total Equity	-0.31	-0.33	-0.19	-0.43	0.08	-0.43	-0.58	-0.39	-0.28	-0.41	-0.23	-0.3	-0.34	-0.22	-0.03	-0.35	-0.27	-0.15	-0.31	-0.27		-0.24	-0.31	-0.19	-0.22	1.0
Non Current Liabilities Total	0.98	0.95	0.98	0.22	0.86	0.22	0.8	0.92	0.99	0.94	1.0	0.89	0.97	0.95	0.69	0.83	0.99	0.71	0.95	0.97	-0.24		0.79	0.8	0.92	-0.24
Other Current Assets	0.77	0.72	0.74	0.45	0.49	0.45	0.68	0.69	0.8	0.73	0.78	0.83	0.79	0.67	0.6	0.81	0.79	0.49	0.66	0.77	-0.31	0.79		0.45	0.68	-0.31
Property Plant And Equipment Gross	0.84	0.87	0.75	0.26	0.87	0.26	0.62	0.88	0.8	0.87	0.79	0.52	0.79	0.92	0.43	0.52	0.8	0.33	0.88	0.83	-0.19	0.8	0.45		0.79	-0.18
Short Term Debt	0.92	0.9	0.93	0.19	0.88	0.19	0.78	0.91	0.92	0.87	0.94	0.74	0.91	0.94	0.46	0.76	0.94	0.65	0.87	0.92	-0.22	0.92	0.68	0.79		-0.22
Common Stock	-0.3	-0.32	-0.19	-0.42	0.09	-0.42	-0.57	-0.38	-0.28	-0.4	-0.23	-0.3	-0.33	-0.21	-0.03	-0.35	-0.26	-0.15	-0.3	-0.27	1.0	-0.24	-0.31	-0.18	-0.22

Click cells to compare fundamentals

Willdan Account Relationship Matchups

Willdan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	439.9M	410.3M	394.4M	409.7M	415.6M	436.4M
Total Stockholder Equity	167.3M	169.2M	179.2M	181.5M	199.8M	209.8M
Net Debt	149.4M	106.7M	107.0M	114.6M	90.7M	95.2M
Cash	5.5M	28.4M	11.2M	8.8M	23.4M	12.3M
Other Assets	25.6M	20.1M	30.7M	29.2M	33.5M	35.2M
Cash And Short Term Investments	5.5M	28.4M	11.2M	8.8M	23.4M	12.4M
Common Stock Shares Outstanding	11.8M	11.8M	12.5M	13.0M	13.6M	8.6M
Liabilities And Stockholders Equity	439.9M	410.3M	394.4M	409.7M	415.6M	436.4M
Other Stockholder Equity	132.5M	149.0M	167.0M	177.7M	185.8M	195.1M
Total Liab	272.6M	241.2M	215.2M	228.2M	215.7M	226.5M
Total Current Assets	175.5M	163.2M	149.0M	174.0M	192.0M	201.6M
Short Long Term Debt Total	154.9M	135.2M	118.2M	123.4M	114.1M	119.8M
Other Current Liab	72.8M	58.5M	37.1M	57.8M	42.2M	24.7M
Total Current Liabilities	132.0M	124.0M	117.2M	127.2M	114.7M	120.4M
Property Plant And Equipment Net	34.3M	32.6M	31.9M	34.9M	39.6M	41.5M
Retained Earnings	35.0M	20.5M	12.1M	3.7M	14.6M	15.3M
Accounts Payable	34M	41.4M	36.7M	28.8M	33.2M	16.7M
Non Current Assets Total	264.4M	247.1M	245.5M	235.7M	223.6M	234.8M
Non Currrent Assets Other	16.3M	6.0M	13.8M	1.0M	2.1M	2.7M
Net Receivables	163.8M	115.5M	126.5M	148.0M	164.7M	173.0M
Good Will	38.2M	97.7M	127.6M	130.1M	131.1M	137.7M
Common Stock Total Equity	115K	122K	128K	133K	119.7K	113.7K
Non Current Liabilities Total	140.7M	117.2M	98.0M	101.0M	101.1M	106.1M
Other Current Assets	6.3M	12.0M	5.0M	6.5M	3.9M	4.9M
Property Plant And Equipment Gross	34.3M	32.6M	31.9M	34.9M	74.3M	78.0M
Accumulated Other Comprehensive Income	(396K)	(488K)	(38K)	0.0	(664K)	(697.2K)
Short Term Debt	19.6M	21.7M	27.3M	22.6M	19.9M	20.9M
Common Stock	115K	122K	128K	133K	137K	130.2K
Other Liab	5.1M	3.1M	910K	259K	297.9K	283.0K
Long Term Debt	116.6M	98.2M	85.5M	90.5M	89.0M	93.4M
Intangible Assets	76.8M	64.3M	52.7M	41.5M	32.0M	19.5M
Property Plant Equipment	12.1M	32.6M	16.8M	34.9M	40.2M	42.2M
Current Deferred Revenue	5.6M	7.4M	13.5M	12.6M	13.2M	8.8M
Retained Earnings Total Equity	35.0M	20.5M	12.1M	3.7M	4.2M	4.0M
Net Tangible Assets	(37.2M)	(25.2M)	(3.6M)	9.9M	8.9M	5.6M
Long Term Debt Total	116.6M	98.2M	85.5M	90.5M	104.1M	109.3M
Capital Surpluse	132.5M	149.0M	167.0M	177.7M	204.4M	214.6M

Pair Trading with Willdan

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 Willdan 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 Willdan will appreciate offsetting losses from the drop in the long position's value.

Moving against Willdan Stock

0.83	WHLM	Wilhelmina	Pair Corr
0.83	FORR	Forrester Research	Pair Corr
0.82	DLHC	DLH Holdings Corp Earnings Call This Week	Pair Corr
0.57	VCIG	VCI Global Limited Trending	Pair Corr
0.41	ACU	Acme United	Pair Corr

The ability to find closely correlated positions to Willdan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Willdan 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 Willdan - 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 Willdan Group to buy it.

The correlation of Willdan 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 Willdan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Willdan Group 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 Willdan 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.

Pair Correlation Correlation Matching

When determining whether Willdan Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Willdan'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 Willdan Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willdan Group Stock:

How To Invest In Willdan

Details

Is Willdan Stock a good investment?

Details

What is Willdan's Net Worth?

Details

Largest Research & Consulting Services Companies

View

Largest Commercial & Professional Services Companies

View

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willdan Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Research & Consulting Services 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 Willdan. If investors know Willdan 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 Willdan 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

3.636

Earnings Share

1.64

Revenue Per Share

42.175

Quarterly Revenue Growth

0.192

Return On Assets

0.0475

The market value of Willdan Group is measured differently than its book value, which is the value of Willdan that is recorded on the company's balance sheet. Investors also form their own opinion of Willdan's value that differs from its market value or its book value, called intrinsic value, which is Willdan'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 Willdan's market value can be influenced by many factors that don't directly affect Willdan'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 Willdan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willdan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willdan'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Willdan Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Willdan fundamental ratios Correlations

Willdan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Willdan fundamental ratios Accounts

Pair Trading with Willdan

Moving against Willdan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Total Equity

Common Stock Total Equity	- 0.58	Common Stock Shares Outstanding
Common Stock	- 0.57	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.43	Cash And Short Term Investments
Common Stock Total Equity	- 0.43	Cash
Common Stock	- 0.42	Cash And Short Term Investments
Common Stock	- 0.42	Cash