Western Cash Ratio from 2010 to 2024

WNEB Stock  USD 8.82  0.08  0.92%   
Western New's Cash Ratio is decreasing over the years with slightly volatile fluctuation. Cash Ratio is expected to dwindle to 0.03. From 2010 to 2024 Western New Cash Ratio quarterly data regression line had arithmetic mean of  0.56 and r-squared of  0.20. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.03549712
Current Value
0.0337
Quarterly Volatility
1.04751447
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western New's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 34.9 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0328 or PTB Ratio of 1.29. Western financial statements analysis is a perfect complement when working with Western New Valuation or Volatility modules.
  
Check out the analysis of Western New Correlation against competitors.

Latest Western New's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Western New England over the last few years. It is Western New's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western New's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Western Cash Ratio Regression Statistics

Arithmetic Mean0.56
Geometric Mean0.25
Coefficient Of Variation188.00
Mean Deviation0.54
Median0.20
Standard Deviation1.05
Sample Variance1.10
Range4.2246
R-Value(0.44)
Mean Square Error0.95
R-Squared0.20
Significance0.1
Slope(0.10)
Total Sum of Squares15.36

Western Cash Ratio History

2024 0.0337
2023 0.0355
2022 0.73
2020 0.13
2019 0.71
2018 0.45
2017 0.19

About Western New Financial Statements

Western New stakeholders use historical fundamental indicators, such as Western New's Cash Ratio, to determine how well the company is positioned to perform in the future. Although Western New investors may analyze each financial statement separately, they are all interrelated. For example, changes in Western New's assets and liabilities are reflected in the revenues and expenses on Western New's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Western New England. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.04  0.03 

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Additional Information and Resources on Investing in Western Stock

When determining whether Western New England offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western New'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 Western New England Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western New England Stock:
Check out the analysis of Western New Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Regional Banks 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 Western New. If investors know Western 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 Western New 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
0.306
Dividend Share
0.28
Earnings Share
0.64
Revenue Per Share
3.501
Quarterly Revenue Growth
(0.03)
The market value of Western New England is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western New's value that differs from its market value or its book value, called intrinsic value, which is Western New'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 Western New's market value can be influenced by many factors that don't directly affect Western New'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 Western New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western New'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.