Wells Non Currrent Assets Other vs Non Current Assets Total Analysis
WFC Stock | USD 63.70 0.98 1.52% |
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 Currrent Assets Other and its Non Current Assets Total 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 Currrent Assets Other vs Non Current Assets Total
Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wells Fargo Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wells Fargo's Non Currrent Assets Other and Non Current Assets Total is -0.08. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total 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 Currrent Assets Other and Non Current Assets Total 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 Currrent Assets Other of Wells Fargo are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Wells Fargo's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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.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 Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.66, whereas Selling General Administrative is forecasted to decline to about 4.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 28.9B | 15.0B | 21.6B | 17.1B | Other Operating Expenses | 53.8B | 57.3B | 55.6B | 58.3B |
Wells Fargo fundamental ratios Correlations
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Wells Fargo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wells Fargo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 4.4B | 4.1B | 4.1B | 3.8B | 3.7B | 3.5B | |
Total Assets | 1.9T | 2.0T | 1.9T | 1.9T | 1.9T | 979.5B | |
Short Long Term Debt Total | 341.8B | 271.9B | 204.5B | 246.1B | 219.5B | 161.2B | |
Other Current Liab | (104.5B) | (59.0B) | (34.4B) | (51.1B) | 59.3B | 62.3B | |
Total Current Liabilities | 104.5B | 59.0B | 34.4B | 51.1B | 71.2B | 67.6B | |
Total Stockholder Equity | 187.1B | 184.9B | 187.6B | 179.9B | 185.7B | 96.8B | |
Property Plant And Equipment Net | 9.3B | 8.9B | 8.6B | 8.4B | 18.2B | 19.1B | |
Net Debt | 191.5B | 7.3B | (39.1B) | 66.9B | (17.7B) | (16.9B) | |
Retained Earnings | 166.7B | 162.9B | 180.3B | 187.6B | 201.1B | 211.2B | |
Cash | 141.3B | 264.6B | 234.2B | 159.2B | 237.2B | 249.1B | |
Non Current Assets Total | 614.0B | 606.2B | 652.4B | 605.2B | 43.8B | 41.6B | |
Non Currrent Assets Other | (8.5B) | (12.5B) | (10.7B) | (19.9B) | (43.8B) | (46.0B) | |
Other Assets | 889.0B | 847.9B | 869.4B | 988.1B | 1.8T | 1.9T | |
Cash And Short Term Investments | 404.7B | 485.0B | 411.5B | 272.8B | 113.5B | 129.5B | |
Net Receivables | 19.8B | 16.1B | 14.9B | 14.9B | 53.7B | 56.4B | |
Liabilities And Stockholders Equity | 1.9T | 2.0T | 1.9T | 1.9T | 1.9T | 979.5B | |
Non Current Liabilities Total | 228.2B | 213.0B | 163.5B | 51.1B | 207.6B | 114.0B | |
Other Stockholder Equity | (8.9B) | (8.5B) | (20.2B) | (23.0B) | (32.4B) | (30.8B) | |
Total Liab | 1.7T | 1.8T | 1.8T | 1.7T | 1.7T | 882.1B | |
Total Current Assets | 424.5B | 501.1B | 426.3B | 287.7B | 113.5B | 169.9B | |
Short Term Debt | 104.5B | 59.0B | 34.4B | 51.1B | 11.9B | 11.3B | |
Accumulated Other Comprehensive Income | (1.3B) | 194M | (1.7B) | (13.4B) | (11.6B) | (11.0B) | |
Property Plant And Equipment Gross | 22.3B | 20.6B | 31.2B | 18.0B | 18.2B | 11.0B | |
Other Current Assets | 385.8B | 471.6B | 440.9B | 370.0B | 470.9B | 524.6B | |
Other Liab | 7.3B | 4.8B | 2.8B | 130M | 117M | 111.2M | |
Accounts Payable | 75.2B | 1.4T | 71.0B | 69.1B | 62.2B | 59.0B | |
Long Term Debt | 237.3B | 213.0B | 170.1B | 195.0B | 207.6B | 159.4B | |
Good Will | 26.4B | 26.4B | 25.2B | 25.2B | 25.2B | 22.6B | |
Short Term Investments | 263.5B | 220.4B | 177.2B | 113.6B | 125.5B | 167.7B | |
Inventory | (385.8B) | (471.6B) | (440.9B) | (370.0B) | (524.6B) | (498.4B) | |
Preferred Stock Total Equity | 23.2B | 21.5B | 20.1B | 19.4B | 22.4B | 17.0B | |
Treasury Stock | (68.8B) | (67.8B) | (79.8B) | (82.9B) | (74.6B) | (70.8B) | |
Intangible Assets | 12.9B | 7.4B | 8.2B | 10.5B | 8.5B | 11.6B | |
Property Plant Equipment | 9.3B | 20.6B | 8.6B | 8.4B | 9.6B | 9.3B | |
Noncontrolling Interest In Consolidated Entity | 900M | 838M | 2.5B | 2.0B | 2.3B | 1.2B | |
Retained Earnings Total Equity | 158.2B | 166.7B | 180.3B | 187.6B | 215.8B | 120.2B |
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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 4.74 | 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.