What is Webus International Current Asset? - (NASDAQ:WETO) | Macroaxis -->

Webus International Limited Stock Current Asset

WETO Stock   2.90  0.41  12.39%   
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Webus International's long-term financial health and intrinsic value.
As of the 1st of June 2025, Non Current Assets Total is likely to drop to about 29.1 M. In addition to that, Other Current Assets is likely to drop to about 4.7 M.
  
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This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Webus International Limited Company Current Asset Analysis

Webus International's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Webus Current Asset Historical Pattern

Today, most investors in Webus International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Webus International's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Webus International current asset as a starting point in their analysis.
   Webus International Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Webus Total Assets

Total Assets

38.32 Million

At this time, Webus International's Total Assets are very stable compared to the past year.
In accordance with the recently published financial statements, Webus International Limited has a Current Asset of 0.0. This is 100.0% lower than that of the Ground Transportation sector and 100.0% lower than that of the Industrials industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Webus Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Webus International's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Webus International could also be used in its relative valuation, which is a method of valuing Webus International by comparing valuation metrics of similar companies.
Webus International is currently under evaluation in current asset category among its peers.

Webus Fundamentals

About Webus International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Webus International Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Webus International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Webus International Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Webus International

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

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The ability to find closely correlated positions to Webus International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Webus International 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 Webus International - 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 Webus International Limited to buy it.
The correlation of Webus International 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 Webus International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Webus International 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 Webus International 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 CorrelationCorrelation Matching
When determining whether Webus International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Webus International'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 Webus International Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Webus International Limited Stock:
Check out Webus International Piotroski F Score and Webus International Altman Z Score analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Passenger Ground Transportation 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 Webus International. If investors know Webus 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 Webus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Webus International is measured differently than its book value, which is the value of Webus that is recorded on the company's balance sheet. Investors also form their own opinion of Webus International's value that differs from its market value or its book value, called intrinsic value, which is Webus International'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 Webus International's market value can be influenced by many factors that don't directly affect Webus International'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 Webus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Webus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Webus International'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.