Western Common Stock Total Equity vs Non Current Assets Total Analysis
WNEB Stock | USD 8.78 0.12 1.35% |
Western New financial indicator trend analysis is more than just analyzing Western New England current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western New England is a good investment. Please check the relationship between Western New Common Stock Total Equity 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 Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Common Stock Total Equity vs Non Current Assets Total
Common Stock Total Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western New England Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Western New's Common Stock Total Equity and Non Current Assets Total is 0.19. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Western New England, assuming nothing else is changed. The correlation between historical values of Western New's Common Stock Total Equity 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 Common Stock Total Equity of Western New England 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 Common Stock Total Equity i.e., Western New's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 Western New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western New England 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 Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The current year's Enterprise Value is expected to grow to about 274.1 M, whereas Selling General Administrative is forecasted to decline to about 2.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.7M | 6.7M | 33.2M | 34.9M | Depreciation And Amortization | 2.7M | 2.7M | 2.6M | 1.9M |
Western New fundamental ratios Correlations
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Western New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western New fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.4B | 2.5B | 2.6B | 2.6B | 1.6B | |
Short Long Term Debt Total | 240.5M | 101.7M | 22.3M | 62.2M | 164.9M | 194.1M | |
Other Current Liab | (35M) | 636.7M | 787.0M | 2.2B | 710.6M | 1.0B | |
Total Current Liabilities | 35M | 680.6M | 788.5M | 41.4M | 728.2M | 764.6M | |
Total Stockholder Equity | 232.0M | 226.6M | 223.7M | 228.1M | 237.4M | 216.0M | |
Other Liab | 22.3M | 43.3M | 41.1M | 17.6M | 20.2M | 17.2M | |
Property Plant And Equipment Net | 23.8M | 25.1M | 26.2M | 25.0M | 33.8M | 18.1M | |
Net Debt | 215.8M | (29.6M) | (81.2M) | 31.9M | 139.1M | 152.0M | |
Retained Earnings | 82.2M | 88.4M | 107.4M | 128.0M | 137.0M | 85.4M | |
Accounts Payable | 1.7B | 2.0B | 2.3B | 2.2B | 140K | 133K | |
Cash | 24.7M | 87.4M | 103.5M | 30.3M | 25.8M | 40.0M | |
Non Current Assets Total | 274.0M | 254.4M | 469.7M | 54.7M | 2.5B | 2.7B | |
Non Currrent Assets Other | (9.2M) | (12.6M) | (12.1M) | (383.4M) | 2.5B | 2.6B | |
Other Assets | 1.6B | 1.8B | 1.8B | 2.5B | 2.8B | 3.0B | |
Cash And Short Term Investments | 252.4M | 289.3M | 297.8M | 177.3M | 28.8M | 27.4M | |
Common Stock Shares Outstanding | 26.3M | 25.1M | 23.3M | 21.9M | 21.6M | 21.7M | |
Short Term Investments | 227.7M | 201.9M | 194.4M | 147.0M | 137.1M | 153.6M | |
Liabilities And Stockholders Equity | 2.2B | 2.4B | 2.5B | 2.6B | 2.6B | 1.6B | |
Other Stockholder Equity | 158.6M | 149.3M | 128.4M | 125.0M | 125.4M | 138.6M | |
Total Liab | 1.9B | 57.9M | 22.3M | 2.3B | 2.3B | 1.2B | |
Property Plant And Equipment Gross | 23.8M | 53.8M | 57.2M | 58.3M | 61.2M | 64.3M | |
Total Current Assets | 257.8M | 297.8M | 305.6M | 36.8M | 37.4M | 35.5M | |
Accumulated Other Comprehensive Income | (9.0M) | (11.3M) | (12.3M) | (25.0M) | (25.2M) | (24.0M) | |
Short Term Debt | 35M | 43.9M | 1.4M | 41.4M | 17.6M | 16.7M | |
Property Plant Equipment | 23.8M | 25.1M | 26.2M | 25.0M | 28.7M | 17.2M | |
Common Stock Total Equity | 266K | 253K | 227K | 222K | 255.3K | 247.4K | |
Common Stock | 266K | 253K | 227K | 222K | 217K | 247.0K | |
Long Term Debt | 205.5M | 57.9M | 22.3M | 20.9M | 140.4M | 142.3M | |
Net Receivables | 5.3M | 8.5M | 7.8M | 8.1M | 8.5M | 5.8M | |
Non Current Liabilities Total | 205.5M | 57.9M | 22.3M | 2.3B | 1.6B | 1.7B | |
Net Tangible Assets | 216.2M | 211.2M | 208.6M | 213.5M | 245.5M | 216.9M | |
Retained Earnings Total Equity | 82.2M | 88.4M | 107.4M | 128.0M | 147.2M | 75.4M | |
Long Term Debt Total | 205.5M | 57.9M | 19.6M | 19.7M | 17.7M | 16.8M | |
Capital Surpluse | 164.2M | 154.5M | 132.8M | 128.9M | 148.2M | 168.0M | |
Long Term Investments | 1.8B | 1.9B | 428.5M | 383.4M | 360.7M | 342.6M | |
Non Current Liabilities Other | 31.1M | 43.1M | 35.6M | 33.4M | 38.4M | 24.6M | |
Intangible Assets | 3.3M | 2.9M | 2.6M | 2.2M | 1.8M | 2.1M |
Also Currently Popular
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 Western New England offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western New'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 Western New England Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western New England Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional 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 Western New. If investors know Western 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 Western New 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 (0.57) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 3.441 | Quarterly Revenue Growth (0.10) |
The market value of Western New England is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western New's value that differs from its market value or its book value, called intrinsic value, which is Western New'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 Western New's market value can be influenced by many factors that don't directly affect Western New'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 Western New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western New'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.