Webster Other Current Assets vs Property Plant And Equipment Gross Analysis

WBS Stock  USD 59.97  2.27  3.93%   
Webster Financial financial indicator trend analysis is more than just analyzing Webster Financial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Webster Financial is a good investment. Please check the relationship between Webster Financial Other Current Assets and its Property Plant And Equipment Gross accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Webster Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Webster Stock please use our How to Invest in Webster Financial guide.

Other Current Assets vs Property Plant And Equipment Gross

Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Webster Financial Other Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Webster Financial's Other Current Assets and Property Plant And Equipment Gross is -0.68. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Webster Financial, assuming nothing else is changed. The correlation between historical values of Webster Financial's Other Current Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Webster Financial are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Webster Financial's Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant And Equipment Gross

Most indicators from Webster Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Webster Financial 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 Webster Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Webster Stock please use our How to Invest in Webster Financial guide.At this time, Webster Financial's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Tax Provision is likely to drop slightly above 129.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense41.8M250.5M260.5M223.0M
Depreciation And Amortization35.9M73.6M70.9M74.5M

Webster Financial fundamental ratios Correlations

0.950.660.870.850.950.920.580.890.870.720.620.090.090.910.610.550.92-0.140.620.870.93-0.310.960.20.56
0.950.590.810.921.00.970.480.940.910.780.68-0.040.050.980.630.570.95-0.360.560.950.97-0.510.980.230.53
0.660.590.640.610.590.590.970.430.380.120.020.480.520.540.190.040.530.160.990.530.63-0.130.580.590.48
0.870.810.640.830.830.760.590.640.870.760.72-0.02-0.180.820.660.740.78-0.130.610.690.88-0.150.9-0.090.75
0.850.920.610.830.930.880.510.820.870.770.7-0.14-0.090.920.70.620.84-0.330.610.840.94-0.380.930.120.54
0.951.00.590.830.930.970.480.930.930.790.7-0.060.020.990.640.60.95-0.380.560.950.98-0.510.990.190.57
0.920.970.590.760.880.970.470.930.860.730.63-0.040.070.960.560.520.87-0.460.550.960.93-0.630.940.250.52
0.580.480.970.590.510.480.470.30.270.02-0.070.520.540.420.17-0.030.430.310.970.390.520.030.480.580.44
0.890.940.430.640.820.930.930.30.830.740.65-0.080.080.890.570.430.86-0.350.40.90.84-0.510.880.260.25
0.870.910.380.870.870.930.860.270.830.940.9-0.28-0.30.940.760.830.9-0.420.340.860.93-0.410.96-0.160.63
0.720.780.120.760.770.790.730.020.740.940.99-0.53-0.550.820.830.90.75-0.470.080.70.79-0.340.84-0.410.49
0.620.680.020.720.70.70.63-0.070.650.90.99-0.61-0.650.740.830.930.67-0.47-0.010.60.71-0.280.76-0.520.47
0.09-0.040.48-0.02-0.14-0.06-0.040.52-0.08-0.28-0.53-0.610.76-0.13-0.65-0.55-0.020.530.47-0.06-0.060.21-0.090.680.02
0.090.050.52-0.18-0.090.020.070.540.08-0.3-0.55-0.650.76-0.06-0.48-0.710.040.330.520.11-0.03-0.09-0.080.91-0.16
0.910.980.540.820.920.990.960.420.890.940.820.74-0.13-0.060.650.660.95-0.470.50.950.98-0.570.980.120.62
0.610.630.190.660.70.640.560.170.570.760.830.83-0.65-0.480.650.760.62-0.210.190.510.65-0.090.69-0.360.35
0.550.570.040.740.620.60.52-0.030.430.830.90.93-0.55-0.710.660.760.58-0.430.00.50.67-0.20.69-0.650.68
0.920.950.530.780.840.950.870.430.860.90.750.67-0.020.040.950.620.58-0.250.490.90.95-0.380.950.180.59
-0.14-0.360.16-0.13-0.33-0.38-0.460.31-0.35-0.42-0.47-0.470.530.33-0.47-0.21-0.43-0.250.18-0.52-0.370.9-0.330.2-0.29
0.620.560.990.610.610.560.550.970.40.340.08-0.010.470.520.50.190.00.490.180.490.6-0.090.550.620.43
0.870.950.530.690.840.950.960.390.90.860.70.6-0.060.110.950.510.50.9-0.520.490.92-0.680.910.260.52
0.930.970.630.880.940.980.930.520.840.930.790.71-0.06-0.030.980.650.670.95-0.370.60.92-0.470.990.130.7
-0.31-0.51-0.13-0.15-0.38-0.51-0.630.03-0.51-0.41-0.34-0.280.21-0.09-0.57-0.09-0.2-0.380.9-0.09-0.68-0.47-0.42-0.21-0.28
0.960.980.580.90.930.990.940.480.880.960.840.76-0.09-0.080.980.690.690.95-0.330.550.910.99-0.420.080.65
0.20.230.59-0.090.120.190.250.580.26-0.16-0.41-0.520.680.910.12-0.36-0.650.180.20.620.260.13-0.210.08-0.18
0.560.530.480.750.540.570.520.440.250.630.490.470.02-0.160.620.350.680.59-0.290.430.520.7-0.280.65-0.18
Click cells to compare fundamentals

Webster Financial Account Relationship Matchups

Webster Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding91.9M90.2M90.2M167.5M171.9M180.5M
Total Assets30.4B32.6B34.9B71.3B75.2B78.9B
Short Long Term Debt Total3.1B700.8M585.7M7.7B4.1B2.2B
Other Current Liab12.1B(24.4M)(22.8M)27.8B36.6B38.4B
Total Current Liabilities14.6B24.4M22.8M34.4B39.6B41.6B
Total Stockholder Equity3.2B3.2B3.4B8.1B8.7B9.1B
Property Plant And Equipment Net270.4M226.7M204.6M430.2M429.6M451.0M
Net Debt2.2B437.7M112.4M5.7B2.4B1.8B
Retained Earnings2.1B2.1B2.3B2.7B3.3B3.4B
Cash257.9M263.1M461.6M839.9M1.7B1.8B
Non Current Assets Total9.1B9.7B11.2B3.5B73.1B76.8B
Non Currrent Assets Other(62.0M)(81.3M)(109.4M)(14.5B)67.4B70.8B
Other Assets17.7B18.7B18.5B58.0B1.00.95
Cash And Short Term Investments3.2B3.6B4.7B8.7B(429.3M)(407.9M)
Net Receivables455.4M626.6M531.5M1.6B1.9B2.0B
Liabilities And Stockholders Equity30.4B32.6B34.9B71.3B75.2B78.9B
Non Current Liabilities Total2.5B700.8M573.9M1.1B26.9B28.2B
Other Stockholder Equity(2.0B)(2.1B)(2.3B)(2.0B)5.7B6.0B
Total Liab2.5B29.4B31.5B63.2B66.5B69.8B
Total Current Assets3.6B4.2B5.2B9.8B2.1B2.0B
Short Term Debt2.6B24.4M22.8M6.6B3.0B1.8B
Accumulated Other Comprehensive Income(36.1M)42.3M(22.6M)(685.0M)(550.6M)(523.0M)
Property Plant And Equipment Gross270.4M226.7M432.9M655.3M615.9M646.7M
Other Current Assets257.9M265.8M462.1M(575.8M)2.1B2.0B
Common Stock3.1B3.1B3.3B7.8B1.8M1.7M
Other Liab23.6M46.9M14.9M363.0M326.7M343.1M
Accounts Payable153.2M166.2M29.8B1.5B1.3B1.3B
Long Term Debt540.4M567.7M573.9M1.1B3.4B3.6B
Short Term Investments2.9B3.3B4.2B7.9B37.0M35.1M
Inventory(257.9M)(265.8M)(462.1M)2.3M(1.5B)(1.4B)
Treasury Stock(76.7M)(140.7M)(127.0M)(431.8M)(388.6M)(369.2M)
Intangible Assets21.9M22.4M17.9M199.3M203.1M213.3M
Property Plant Equipment270.4M226.7M204.6M430.2M494.7M519.4M
Net Tangible Assets2.5B2.5B2.7B5.1B5.8B6.1B
Retained Earnings Total Equity2.1B2.1B2.3B2.7B3.1B1.6B
Long Term Debt Total540.4M567.7M562.9M1.1B1.2B1.3B
Capital Surpluse1.1B1.1B1.1B6.2B7.1B7.5B

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Additional Tools for Webster Stock Analysis

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