George Total Stockholder Equity vs Total Current Liabilities Analysis

WN Stock

CAD 218.89 0.19 0.09%

George Weston financial indicator trend analysis is much more than just examining George Weston Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether George Weston Limited is a good investment. Please check the relationship between George Weston Total Stockholder Equity and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in George Weston Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of George Weston Limited Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between George Weston's Total Stockholder Equity and Total Current Liabilities is 0.78. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of George Weston Limited, assuming nothing else is changed. The correlation between historical values of George Weston's Total Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of George Weston Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., George Weston's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on George Weston balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of George Weston Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from George Weston's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into George Weston Limited 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 George Weston Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, George Weston's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Multiple is likely to grow to 7.93, while Selling General Administrative is likely to drop about 11.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	17.3B	18.5B	19.6B	20.6B
Total Revenue	53.7B	57.0B	60.1B	38.3B

Gross Profit Total Revenue

George Weston fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Short Term Investments	Good Will	Intangible Assets
Total Assets		0.98	0.65	0.97	0.83	0.97	0.86	0.57	0.97	0.57	1.0	0.62	0.13	0.81	0.36	0.86	0.98	0.83	-0.61	0.98	0.56	0.96	0.68	-0.42	0.76	0.76
Short Long Term Debt Total	0.98		0.64	0.96	0.74	0.98	0.88	0.44	0.94	0.62	0.98	0.68	0.14	0.78	0.48	0.88	0.95	0.84	-0.65	1.0	0.59	0.93	0.71	-0.45	0.73	0.66
Other Current Liab	0.65	0.64		0.65	0.36	0.62	0.77	0.21	0.67	0.54	0.65	0.39	0.07	0.75	0.49	0.82	0.68	0.76	-0.88	0.68	0.86	0.62	0.64	-0.53	0.66	0.45
Total Current Liabilities	0.97	0.96	0.65		0.78	0.96	0.84	0.55	0.98	0.61	0.96	0.56	0.18	0.83	0.33	0.83	0.94	0.8	-0.65	0.96	0.59	0.95	0.77	-0.39	0.71	0.66
Total Stockholder Equity	0.83	0.74	0.36	0.78		0.77	0.65	0.86	0.84	0.43	0.8	0.42	0.31	0.73	-0.05	0.62	0.78	0.52	-0.23	0.73	0.23	0.84	0.54	-0.07	0.45	0.75
Property Plant And Equipment Net	0.97	0.98	0.62	0.96	0.77		0.87	0.51	0.95	0.67	0.95	0.62	0.28	0.81	0.44	0.87	0.92	0.79	-0.64	0.97	0.61	0.95	0.74	-0.32	0.63	0.61
Net Debt	0.86	0.88	0.77	0.84	0.65	0.87		0.39	0.83	0.48	0.87	0.52	0.03	0.93	0.57	0.99	0.85	0.84	-0.82	0.88	0.79	0.78	0.88	-0.56	0.7	0.65
Retained Earnings	0.57	0.44	0.21	0.55	0.86	0.51	0.39		0.65	0.29	0.52	-0.03	0.4	0.6	-0.4	0.34	0.55	0.25	-0.04	0.43	0.13	0.67	0.33	0.19	0.23	0.66
Accounts Payable	0.97	0.94	0.67	0.98	0.84	0.95	0.83	0.65		0.58	0.95	0.52	0.24	0.85	0.24	0.83	0.95	0.8	-0.6	0.95	0.59	0.98	0.7	-0.3	0.68	0.7
Cash	0.57	0.62	0.54	0.61	0.43	0.67	0.48	0.29	0.58		0.52	0.52	0.68	0.5	0.35	0.54	0.47	0.43	-0.51	0.61	0.54	0.68	0.49	-0.07	0.18	0.07
Non Current Assets Total	1.0	0.98	0.65	0.96	0.8	0.95	0.87	0.52	0.95	0.52		0.63	0.05	0.8	0.4	0.87	0.99	0.84	-0.62	0.98	0.54	0.92	0.68	-0.49	0.8	0.78
Non Currrent Assets Other	0.62	0.68	0.39	0.56	0.42	0.62	0.52	-0.03	0.52	0.52	0.63		0.11	0.32	0.59	0.57	0.55	0.67	-0.35	0.68	0.25	0.54	0.35	-0.35	0.43	0.24
Cash And Short Term Investments	0.13	0.14	0.07	0.18	0.31	0.28	0.03	0.4	0.24	0.68	0.05	0.11		0.19	-0.19	0.06	-0.01	-0.1	0.07	0.12	0.17	0.39	0.1	0.67	-0.46	-0.26
Net Receivables	0.81	0.78	0.75	0.83	0.73	0.81	0.93	0.6	0.85	0.5	0.8	0.32	0.19		0.29	0.91	0.79	0.75	-0.76	0.78	0.8	0.81	0.88	-0.37	0.56	0.63
Common Stock Shares Outstanding	0.36	0.48	0.49	0.33	-0.05	0.44	0.57	-0.4	0.24	0.35	0.4	0.59	-0.19	0.29		0.62	0.35	0.56	-0.66	0.48	0.53	0.2	0.5	-0.63	0.5	0.1
Non Current Liabilities Total	0.86	0.88	0.82	0.83	0.62	0.87	0.99	0.34	0.83	0.54	0.87	0.57	0.06	0.91	0.62		0.85	0.86	-0.85	0.89	0.82	0.78	0.84	-0.57	0.72	0.62
Inventory	0.98	0.95	0.68	0.94	0.78	0.92	0.85	0.55	0.95	0.47	0.99	0.55	-0.01	0.79	0.35	0.85		0.85	-0.62	0.96	0.56	0.91	0.64	-0.51	0.85	0.83
Other Current Assets	0.83	0.84	0.76	0.8	0.52	0.79	0.84	0.25	0.8	0.43	0.84	0.67	-0.1	0.75	0.56	0.86	0.85		-0.77	0.85	0.7	0.74	0.66	-0.61	0.77	0.62
Other Stockholder Equity	-0.61	-0.65	-0.88	-0.65	-0.23	-0.64	-0.82	-0.04	-0.6	-0.51	-0.62	-0.35	0.07	-0.76	-0.66	-0.85	-0.62	-0.77		-0.67	-0.91	-0.53	-0.8	0.68	-0.65	-0.34
Total Liab	0.98	1.0	0.68	0.96	0.73	0.97	0.88	0.43	0.95	0.61	0.98	0.68	0.12	0.78	0.48	0.89	0.96	0.85	-0.67		0.61	0.93	0.7	-0.47	0.76	0.67
Property Plant And Equipment Gross	0.56	0.59	0.86	0.59	0.23	0.61	0.79	0.13	0.59	0.54	0.54	0.25	0.17	0.8	0.53	0.82	0.56	0.7	-0.91	0.61		0.57	0.73	-0.41	0.45	0.26
Total Current Assets	0.96	0.93	0.62	0.95	0.84	0.95	0.78	0.67	0.98	0.68	0.92	0.54	0.39	0.81	0.2	0.78	0.91	0.74	-0.53	0.93	0.57		0.63	-0.19	0.58	0.64
Short Term Debt	0.68	0.71	0.64	0.77	0.54	0.74	0.88	0.33	0.7	0.49	0.68	0.35	0.1	0.88	0.5	0.84	0.64	0.66	-0.8	0.7	0.73	0.63		-0.48	0.51	0.42
Short Term Investments	-0.42	-0.45	-0.53	-0.39	-0.07	-0.32	-0.56	0.19	-0.3	-0.07	-0.49	-0.35	0.67	-0.37	-0.63	-0.57	-0.51	-0.61	0.68	-0.47	-0.41	-0.19	-0.48		-0.82	-0.49
Good Will	0.76	0.73	0.66	0.71	0.45	0.63	0.7	0.23	0.68	0.18	0.8	0.43	-0.46	0.56	0.5	0.72	0.85	0.77	-0.65	0.76	0.45	0.58	0.51	-0.82		0.81
Intangible Assets	0.76	0.66	0.45	0.66	0.75	0.61	0.65	0.66	0.7	0.07	0.78	0.24	-0.26	0.63	0.1	0.62	0.83	0.62	-0.34	0.67	0.26	0.64	0.42	-0.49	0.81

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George Weston Account Relationship Matchups

George Weston fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	47.8B	48.1B	47.1B	49.0B	49.8B	27.9B
Short Long Term Debt Total	21.2B	20.9B	19.5B	20.7B	21.3B	10.7B
Other Current Liab	191M	780M	1.0B	976M	921M	967.1M
Total Current Liabilities	10.8B	10.0B	9.8B	10.8B	12.1B	6.8B
Total Stockholder Equity	7.6B	7.8B	7.0B	6.8B	6.7B	5.9B
Property Plant And Equipment Net	15.8B	16.0B	14.8B	15.3B	16.3B	10.2B
Net Debt	19.3B	18.3B	16.5B	18.3B	18.9B	19.8B
Retained Earnings	4.8B	5.2B	4.8B	5.1B	5.4B	4.9B
Accounts Payable	5.9B	6.0B	5.9B	6.7B	6.9B	4.4B
Cash	1.8B	2.6B	3.0B	2.3B	2.5B	1.7B
Non Current Assets Total	35.1B	34.8B	32.9B	34.3B	34.8B	19.1B
Non Currrent Assets Other	6.0B	6.1B	6.2B	6.5B	737M	700.2M
Cash And Short Term Investments	2.1B	3.2B	3.9B	2.8B	2.9B	2.6B
Net Receivables	4.9B	4.3B	4.8B	5.2B	5.8B	6.1B
Common Stock Shares Outstanding	153.7M	153.5M	150.2M	144.8M	138M	146.4M
Liabilities And Stockholders Equity	47.8B	48.1B	47.1B	49.0B	49.8B	27.9B
Non Current Liabilities Total	23.9B	24.7B	24.2B	25.0B	24.2B	25.4B
Inventory	5.3B	5.4B	5.2B	5.9B	5.8B	3.3B
Other Current Assets	459M	412M	439M	755M	399M	357.7M
Other Stockholder Equity	(979M)	(1.2B)	(1.5B)	(1.9B)	(2.3B)	(2.2B)
Total Liab	34.6B	34.7B	33.9B	35.8B	36.3B	18.3B
Property Plant And Equipment Gross	15.8B	16.0B	29.2B	31.1B	33.4B	35.1B
Total Current Assets	12.7B	13.3B	14.2B	14.7B	14.9B	8.8B
Accumulated Other Comprehensive Income	239M	196M	166M	84M	197M	214.2M
Short Term Debt	4.2B	3.1B	2.8B	2.9B	4.1B	4.3B
Short Term Investments	229M	575M	879M	503M	472M	448.4M
Good Will	4.8B	4.8B	4.5B	4.9B	4.9B	3.5B
Intangible Assets	7.5B	7.0B	6.4B	6.5B	6.0B	5.1B
Common Stock Total Equity	221M	2.8B	2.8B	2.8B	3.2B	3.4B
Common Stock	2.8B	2.8B	2.7B	2.6B	2.5B	1.6B
Other Liab	6.9B	7.0B	7.4B	7.3B	8.4B	5.6B
Net Tangible Assets	(5.5B)	(4.8B)	(4.8B)	(5.4B)	(4.8B)	(5.1B)
Current Deferred Revenue	480M	24M	75M	125M	166M	139.4M
Other Assets	6.4B	6.3B	6.3B	291M	334.7M	317.9M
Long Term Debt	12.7B	13.5B	12.5B	13.4B	12.6B	13.2B
Long Term Investments	648M	718M	770M	1.0B	1.7B	1.8B
Short Long Term Debt	3.3B	2.3B	2.0B	2.1B	3.2B	2.3B
Property Plant Equipment	15.8B	16.0B	14.8B	15.3B	17.6B	14.2B
Long Term Debt Total	17.0B	17.7B	16.7B	17.7B	20.4B	15.9B
Capital Surpluse	(979M)	(1.2B)	(1.5B)	(1.9B)	(1.7B)	(1.6B)

Pair Trading with George Weston

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 George Weston 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 George Weston will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to George Weston could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Weston 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 George Weston - 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 George Weston Limited to buy it.

The correlation of George Weston 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 George Weston moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Weston Limited 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 George Weston 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 Correlation Correlation Matching

Other Information on Investing in George Stock

Balance Sheet is a snapshot of the financial position of George Weston Limited at a specified time, usually calculated after every quarter, six months, or one year. George Weston Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of George Weston and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which George currently owns. An asset can also be divided into two categories, current and non-current.

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George Total Stockholder Equity vs Total Current Liabilities Analysis

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Liabilities

George Weston fundamental ratios Correlations

George Weston Account Relationship Matchups

High Positive Relationship

High Negative Relationship

George Weston fundamental ratios Accounts

Pair Trading with George Weston

Other Information on Investing in George Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Inventory	+ 0.99	Non Current Assets Total
Short Long Term Debt Total	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets

Property Plant And Equipment Gross	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.88	Other Current Liab
Other Stockholder Equity	- 0.85	Non Current Liabilities Total
Good Will	- 0.82	Short Term Investments
Other Stockholder Equity	- 0.82	Net Debt
Short Term Debt	- 0.8	Other Stockholder Equity