Wells Non Current Assets Total vs Cash And Short Term Investments Analysis

WFC Stock  USD 76.55  0.80  1.03%   
Wells Fargo financial indicator trend analysis is more than just analyzing Wells Fargo current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wells Fargo is a good investment. Please check the relationship between Wells Fargo Non Current Assets Total and its Cash And Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wells Fargo Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Wells Fargo's Non Current Assets Total and Cash And Short Term Investments is 0.33. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Wells Fargo, assuming nothing else is changed. The correlation between historical values of Wells Fargo's Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Wells Fargo are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Wells Fargo's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Wells Fargo balance sheet. This account contains Wells Fargo investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Wells Fargo fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Wells Fargo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wells Fargo 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 Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.At present, Wells Fargo's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.2 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.34.
 2021 2022 2023 2024 (projected)
Operating Income28.9B15.0B28.7B17.3B
Other Operating Expenses53.8B57.3B48.5B26.1B

Wells Fargo fundamental ratios Correlations

0.680.65-0.56-0.230.790.270.610.15-0.17-0.11-0.30.650.170.04-0.040.630.670.290.550.280.840.680.810.460.02
0.680.85-0.41-0.090.980.350.230.650.390.150.030.580.370.220.12-0.021.00.540.410.80.920.190.91-0.190.02
0.650.85-0.72-0.150.860.180.550.510.160.04-0.030.650.180.090.090.10.850.320.730.60.740.130.72-0.22-0.05
-0.56-0.41-0.720.39-0.480.3-0.870.010.450.340.14-0.620.010.40.27-0.42-0.4-0.11-1.0-0.16-0.39-0.3-0.35-0.130.28
-0.23-0.09-0.150.39-0.150.7-0.40.530.460.96-0.46-0.790.240.680.95-0.54-0.09-0.02-0.39-0.040.04-0.040.12-0.3-0.17
0.790.980.86-0.48-0.150.350.350.540.250.07-0.050.650.290.20.070.160.980.470.480.710.930.320.92-0.05-0.03
0.270.350.180.30.70.35-0.310.650.60.8-0.33-0.260.150.940.8-0.250.350.04-0.30.250.470.110.52-0.21-0.14
0.610.230.55-0.87-0.40.35-0.31-0.3-0.72-0.43-0.190.59-0.22-0.42-0.30.720.21-0.120.85-0.170.280.50.250.4-0.18
0.150.650.510.010.530.540.65-0.30.820.74-0.07-0.060.510.590.64-0.660.660.430.00.720.56-0.150.6-0.6-0.11
-0.170.390.160.450.460.250.6-0.720.820.650.1-0.240.440.640.54-0.780.40.39-0.420.640.26-0.420.29-0.650.16
-0.110.150.040.340.960.070.8-0.430.740.65-0.41-0.630.330.770.97-0.620.160.12-0.330.210.24-0.080.3-0.42-0.15
-0.30.03-0.030.14-0.46-0.05-0.33-0.19-0.070.1-0.410.33-0.13-0.17-0.48-0.190.03-0.04-0.170.32-0.23-0.56-0.26-0.320.19
0.650.580.65-0.62-0.790.65-0.260.59-0.06-0.24-0.630.33-0.15-0.31-0.610.540.570.090.610.370.450.20.390.150.02
0.170.370.180.010.240.290.15-0.220.510.440.33-0.13-0.15-0.060.25-0.370.380.94-0.020.460.440.280.45-0.030.35
0.040.220.090.40.680.20.94-0.420.590.640.77-0.17-0.31-0.060.77-0.360.22-0.17-0.390.210.24-0.150.29-0.38-0.19
-0.040.120.090.270.950.070.8-0.30.640.540.97-0.48-0.610.250.77-0.470.120.03-0.260.120.220.00.29-0.34-0.15
0.63-0.020.1-0.42-0.540.16-0.250.72-0.66-0.78-0.62-0.190.54-0.37-0.36-0.47-0.04-0.250.4-0.40.150.630.10.760.03
0.671.00.85-0.4-0.090.980.350.210.660.40.160.030.570.380.220.12-0.040.550.40.810.910.170.9-0.20.02
0.290.540.32-0.11-0.020.470.04-0.120.430.390.12-0.040.090.94-0.170.03-0.250.550.110.570.560.270.550.010.39
0.550.410.73-1.0-0.390.48-0.30.850.0-0.42-0.33-0.170.61-0.02-0.39-0.260.40.40.110.170.380.270.350.11-0.28
0.280.80.6-0.16-0.040.710.25-0.170.720.640.210.320.370.460.210.12-0.40.810.570.170.62-0.210.62-0.460.0
0.840.920.74-0.390.040.930.470.280.560.260.24-0.230.450.440.240.220.150.910.560.380.620.441.00.10.04
0.680.190.13-0.3-0.040.320.110.5-0.15-0.42-0.08-0.560.20.28-0.150.00.630.170.270.27-0.210.440.420.64-0.02
0.810.910.72-0.350.120.920.520.250.60.290.3-0.260.390.450.290.290.10.90.550.350.621.00.420.070.02
0.46-0.19-0.22-0.13-0.3-0.05-0.210.4-0.6-0.65-0.42-0.320.15-0.03-0.38-0.340.76-0.20.010.11-0.460.10.640.070.1
0.020.02-0.050.28-0.17-0.03-0.14-0.18-0.110.16-0.150.190.020.35-0.19-0.150.030.020.39-0.280.00.04-0.020.020.1
Click cells to compare fundamentals

Wells Fargo Account Relationship Matchups

Wells Fargo fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding4.4B4.1B4.1B3.8B3.7B3.5B
Total Assets1.9T2.0T1.9T1.9T1.9T979.5B
Short Long Term Debt Total341.8B271.9B204.5B246.1B219.5B161.2B
Other Current Liab(104.5B)(12.6B)(34.4B)(51.1B)(11.9B)(11.3B)
Total Current Liabilities104.5B59.0B34.4B51.1B972.3B1.0T
Total Stockholder Equity187.1B184.9B187.6B179.9B185.7B96.8B
Property Plant And Equipment Net9.3B8.9B8.6B8.4B18.2B19.1B
Net Debt191.5B7.3B(39.1B)66.9B(17.7B)(16.9B)
Retained Earnings166.7B162.9B180.3B187.6B201.1B211.2B
Cash141.3B264.6B234.2B159.2B237.2B249.1B
Non Current Assets Total614.0B606.2B652.4B605.2B1.9T2.0T
Non Currrent Assets Other(8.5B)(12.5B)(10.7B)(19.9B)(532.1B)(505.5B)
Other Assets889.0B847.9B869.4B988.1B(273.6B)(259.9B)
Cash And Short Term Investments404.7B485.0B411.5B272.8B316.5B332.3B
Net Receivables19.8B16.1B14.9B14.9B53.7B56.4B
Liabilities And Stockholders Equity1.9T2.0T1.9T1.9T1.9T979.5B
Non Current Liabilities Total228.2B213.0B163.5B51.1B690.4B724.9B
Other Stockholder Equity(8.9B)(8.5B)(20.2B)(23.0B)(32.4B)(30.8B)
Total Liab1.7T1.8T1.8T1.7T1.7T882.1B
Total Current Assets424.5B501.1B426.3B287.7B316.5B176.3B
Short Term Debt104.5B12.6B34.4B51.1B11.9B11.3B
Accumulated Other Comprehensive Income(1.3B)194M(1.7B)(13.4B)(11.6B)(11.0B)
Property Plant And Equipment Gross22.3B20.6B31.2B18.0B18.2B11.0B
Other Current Assets385.8B471.6B440.9B370.0B470.9B524.6B
Other Liab7.3B4.8B2.8B130M117M111.2M
Accounts Payable75.2B1.4T71.0B69.1B62.2B59.0B
Long Term Debt237.3B213.0B170.1B195.0B207.6B159.4B
Good Will26.4B26.4B25.2B25.2B25.2B22.6B
Short Term Investments263.5B220.4B177.2B113.6B125.5B167.7B
Inventory(385.8B)(471.6B)(440.9B)(370.0B)(524.6B)(498.4B)
Preferred Stock Total Equity23.2B21.5B20.1B19.4B22.4B17.0B
Treasury Stock(68.8B)(67.8B)(79.8B)(82.9B)(74.6B)(70.8B)
Intangible Assets12.9B7.4B8.2B10.5B8.5B11.6B
Property Plant Equipment9.3B20.6B8.6B8.4B9.6B9.3B
Noncontrolling Interest In Consolidated Entity900M838M2.5B2.0B2.3B1.2B
Retained Earnings Total Equity158.2B166.7B180.3B187.6B215.8B120.2B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo'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 Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Diversified 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 Wells Fargo. If investors know Wells 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 Wells Fargo 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
(0.04)
Dividend Share
1.45
Earnings Share
4.81
Revenue Per Share
22.23
Quarterly Revenue Growth
(0.02)
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo'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 Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo'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 Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo'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.