Warner Inventory vs Property Plant And Equipment Net Analysis
WMG Stock | USD 32.10 0.30 0.93% |
Warner Music financial indicator trend analysis is more than just analyzing Warner Music Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Warner Music Group is a good investment. Please check the relationship between Warner Music Inventory and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warner Music 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 population.
Inventory vs Property Plant And Equipment Net
Inventory vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warner Music Group Inventory account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Warner Music's Inventory and Property Plant And Equipment Net is 0.85. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Warner Music Group, assuming nothing else is changed. The correlation between historical values of Warner Music's Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Warner Music Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Warner Music's Inventory and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Warner Music's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Warner Music 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 Warner Music 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 population. At this time, Warner Music's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Warner Music's current Enterprise Value is estimated to increase to about 13.9 B, while Selling General Administrative is projected to decrease to roughly 713.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 2.9B | 3.1B | 2.0B | Total Revenue | 5.9B | 6.0B | 6.4B | 4.0B |
Warner Music fundamental ratios Correlations
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Warner Music Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Warner Music fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.4B | 7.2B | 7.8B | 8.5B | 9.2B | 6.3B | |
Total Stockholder Equity | (63M) | 31M | 152M | 307M | 518M | 461.1M | |
Net Debt | 2.9B | 3.2B | 3.4B | 3.6B | 3.6B | 2.3B | |
Cash | 553M | 499M | 584M | 641M | 694M | 421.3M | |
Cash And Short Term Investments | 553M | 499M | 584M | 641M | 694M | 422.1M | |
Common Stock Shares Outstanding | 510.0M | 513.5M | 514.7M | 515.7M | 1.4B | 1.5B | |
Liabilities And Stockholders Equity | 6.4B | 7.2B | 7.8B | 8.5B | 9.2B | 6.3B | |
Total Current Assets | 1.7B | 1.9B | 2.1B | 2.4B | 2.6B | 1.3B | |
Other Assets | 349M | 443M | 682M | 744M | 669.6M | 1.1B | |
Other Stockholder Equity | 1.9B | 1.9B | 2.0B | 2.0B | 2.1B | 1.3B | |
Total Liab | 6.5B | 7.2B | 7.7B | 8.1B | 8.5B | 5.9B | |
Short Long Term Debt Total | 3.4B | 3.7B | 4.0B | 4.3B | 4.3B | 3.4B | |
Other Current Liab | 2.1B | 2.4B | 2.6B | 2.8B | 3.2B | 3.3B | |
Total Current Liabilities | 2.7B | 3.2B | 3.4B | 3.5B | 3.9B | 2.5B | |
Property Plant And Equipment Net | 604M | 632M | 641M | 703M | 706M | 741.3M | |
Current Deferred Revenue | 297M | 348M | 423M | 371M | 246M | 284.1M | |
Retained Earnings | (1.7B) | (1.7B) | (1.5B) | (1.4B) | (1.3B) | (1.2B) | |
Accounts Payable | 264M | 302M | 268M | 300M | 289M | 256.8M | |
Non Current Assets Total | 4.7B | 5.3B | 5.7B | 6.1B | 6.5B | 4.8B | |
Non Currrent Assets Other | 153M | 194M | 212M | 225M | 1.4B | 1.4B | |
Net Receivables | 771M | 839M | 984M | 1.1B | 1.3B | 669.6M | |
Non Current Liabilities Total | 3.7B | 4.0B | 4.3B | 4.6B | 4.6B | 3.5B | |
Inventory | 74M | 79M | 99M | 108M | 126M | 65.9M | |
Other Current Assets | 275M | 459M | 463M | 515M | 595M | 624.8M | |
Accumulated Other Comprehensive Income | (222M) | (202M) | (347M) | (322M) | (247M) | (234.7M) | |
Short Term Debt | 78M | 86M | 80M | 41M | 90M | 85.5M | |
Intangible Assets | 1.8B | 2.2B | 2.4B | 2.5B | 2.4B | 1.8B | |
Good Will | 1.8B | 1.8B | 1.9B | 2.0B | 2.0B | 1.7B | |
Property Plant And Equipment Gross | 604M | 364M | 415M | 703M | 1.3B | 1.4B | |
Long Term Debt | 3.1B | 3.3B | 3.7B | 4.0B | 4.0B | 3.6B | |
Long Term Debt Total | 2.8B | 3.0B | 3.3B | 3.7B | 4.3B | 3.4B | |
Property Plant Equipment | 300M | 604M | 632M | 641M | 737.2M | 418.3M | |
Other Liab | 480M | 294M | 382M | 319M | 287.1M | 337.3M | |
Net Tangible Assets | (3.9B) | (3.7B) | (4.0B) | (4.2B) | (3.7B) | (3.9B) | |
Non Current Liabilities Other | 169M | 175M | 99M | 141M | 146M | 169.2M | |
Net Invested Capital | 3.0B | 3.4B | 3.9B | 4.3B | 4.5B | 3.8B | |
Net Working Capital | (1.1B) | (1.0B) | (1.3B) | (1.2B) | (1.1B) | (1.3B) |
Currently Active Assets on Macroaxis
When determining whether Warner Music Group is a strong investment it is important to analyze Warner Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Warner Music's future performance. For an informed investment choice regarding Warner Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warner Music 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 population. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment 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 Warner Music. If investors know Warner 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 Warner Music 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 0.137 | Earnings Share 0.83 | Revenue Per Share 12.343 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0742 |
The market value of Warner Music Group is measured differently than its book value, which is the value of Warner that is recorded on the company's balance sheet. Investors also form their own opinion of Warner Music's value that differs from its market value or its book value, called intrinsic value, which is Warner Music'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 Warner Music's market value can be influenced by many factors that don't directly affect Warner Music'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 Warner Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Warner Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Warner Music'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.