Western Resources Number Of Employees vs. Working Capital
| WRX Stock | CAD 0.13 0.00 0.00% |
For Western Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Western Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Western Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Western Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Western Resources Corp over time as well as its relative position and ranking within its peers.
Western |
Western Resources Corp Working Capital vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Western Resources's current stock value. Our valuation model uses many indicators to compare Western Resources value to that of its competitors to determine the firm's financial worth. Western Resources Corp is rated first in number of employees category among related companies. It is rated second in working capital category among related companies . At this time, Western Resources' Working Capital is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Resources' earnings, one of the primary drivers of an investment's value.Western Number Of Employees vs. Competition
Western Resources Corp is rated first in number of employees category among related companies. The total workforce of Materials industry is at this time estimated at about 94.0. Western Resources totals roughly 42.0 in number of employees claiming about 45% of all equities under Materials industry.
Western Working Capital vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Western Resources |
| = | 42 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
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. .
Western Resources |
| = | (100.19 K) |
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.
Western Working Capital Comparison
Western Resources is currently under evaluation in working capital category among related companies.
Western Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Western Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Western Resources will eventually generate negative long term returns. The profitability progress is the general direction of Western Resources' change in net profit over the period of time. It can combine multiple indicators of Western Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -810.8 K | -851.3 K | |
| Operating Income | -2.1 M | -2.2 M | |
| Net Income | 3.2 M | 3.3 M | |
| Income Before Tax | 3.2 M | 3.3 M | |
| Total Other Income Expense Net | 4.8 M | 5.1 M | |
| Income Tax Expense | 58.50 | 61.43 | |
| Net Income From Continuing Ops | 3.2 M | 3.3 M | |
| Net Loss | -376.8 K | -395.6 K | |
| Interest Income | 1 M | 957.5 K | |
| Net Interest Income | 307 K | 322.3 K | |
| Change To Netincome | 6 M | 6.3 M | |
| Net Income Per Share | 0.01 | 0.01 | |
| Income Quality | (0.25) | (0.23) | |
| Net Income Per E B T | 1.15 | 0.94 |
Western Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Western Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Western Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Western Resources' important profitability drivers and their relationship over time.
Use Western Resources in pair-trading
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 Western Resources 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 Western Resources will appreciate offsetting losses from the drop in the long position's value.Western Resources Pair Trading
Western Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to Western Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Resources 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 Western Resources - 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 Western Resources Corp to buy it.
The correlation of Western Resources 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 Western Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Resources Corp 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 Western Resources 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.Use Investing Themes to Complement your Western Resources position
In addition to having Western Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alternative Energy Theme or any other thematic opportunities.
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When running Western Resources' price analysis, check to measure Western Resources' 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 Western Resources is operating at the current time. Most of Western Resources' value examination focuses on studying past and present price action to predict the probability of Western Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Resources' price. Additionally, you may evaluate how the addition of Western Resources to your portfolios can decrease your overall portfolio volatility.
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To fully project Western Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Western Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Western Resources' income statement, its balance sheet, and the statement of cash flows.