Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $20,350 | $20,285 | $17,124 | $17,312 | $16,301 |
Liabilities | $16,551 | $15,439 | $14,788 | $14,950 | $13,618 |
Equity | $3,799 | $4,846 | $2,336 | $2,362 | $2,683 |
Edwyn
Over the past five years, Whirlpool Corp has shown a mix of stability and changes in its financial position. Total assets have fluctuated slightly, starting at $20,350 million in 2020 and decreasing to $16,301 million in 2024. This decrease in assets could be a result of strategic decisions such as divestitures or restructuring efforts. Total liabilities have generally decreased from $16,551 million in 2020 to $13,618 million in 2024, indicating the company's efforts to reduce debt and strengthen its financial position. Stockholders' equity has shown some volatility, starting at $3,799 million in 2020, peaking at $4,846 million in 2021, and then decreasing to $2,683 million in 2024. The decrease in stockholders' equity could be a concern, as it indicates a potential decline in the company's net worth. It would be important to further analyze the reasons behind this trend, whether it be due to underperformance, increased liabilities, or other factors. In the context of the industry, Whirlpool's financial position may be influenced by factors such as competition, consumer demand for appliances, and macroeconomic conditions. It is essential for the company to closely monitor its financial position and implement strategies to ensure long-term sustainability and growth.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.