Wheaton Accounts Payable vs Deferred Long Term Liab Analysis
WPM Stock | USD 63.81 0.33 0.52% |
Wheaton Precious financial indicator trend analysis is more than just analyzing Wheaton Precious Metals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wheaton Precious Metals is a good investment. Please check the relationship between Wheaton Precious Accounts Payable and its Deferred Long Term Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Accounts Payable vs Deferred Long Term Liab
Accounts Payable vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheaton Precious Metals Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wheaton Precious' Accounts Payable and Deferred Long Term Liab is -0.19. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Wheaton Precious Metals, assuming nothing else is changed. The correlation between historical values of Wheaton Precious' Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Wheaton Precious Metals are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Wheaton Precious' Accounts Payable and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Wheaton Precious obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Wheaton Precious Metals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Wheaton Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wheaton Precious Metals 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 Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Wheaton Precious' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 30.86, while Selling General Administrative is likely to drop about 29.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 658.9M | 565.5M | 582.4M | 611.6M | Total Revenue | 1.2B | 1.1B | 1.0B | 532.3M |
Wheaton Precious fundamental ratios Correlations
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Wheaton Precious Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wheaton Precious fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 6.0B | 6.3B | 6.8B | 7.0B | 7.4B | |
Total Current Liabilities | 64.7M | 31.2M | 29.7M | 30.7M | 26.1M | 40.0M | |
Total Stockholder Equity | 5.3B | 5.7B | 6.3B | 6.7B | 6.9B | 7.3B | |
Property Plant And Equipment Net | 5.8B | 5.5B | 6.0B | 5.8B | 6.1B | 3.2B | |
Net Debt | 774.8M | 6.0M | (223.2M) | (694.1M) | (540.3M) | (513.3M) | |
Accounts Payable | 11.8M | 13.0M | 13.9M | 12.6M | 13.5M | 13.8M | |
Cash | 104.0M | 192.7M | 226.0M | 696.1M | 546.5M | 573.9M | |
Non Current Assets Total | 6.1B | 5.8B | 6.0B | 6.0B | 6.4B | 6.8B | |
Non Currrent Assets Other | 4.5M | 5.0M | 6.9M | 13.0M | 3.3M | 3.2M | |
Cash And Short Term Investments | 104.0M | 192.7M | 226.0M | 696.1M | 546.5M | 573.9M | |
Net Receivables | 7.7M | 6.7M | 11.2M | 9.2M | 9.3M | 9.8M | |
Common Stock Shares Outstanding | 446.9M | 450.1M | 451.2M | 452.3M | 453.5M | 301.7M | |
Liabilities And Stockholders Equity | 6.3B | 6.0B | 6.3B | 6.8B | 7.0B | 7.4B | |
Non Current Liabilities Total | 887.4M | 211.5M | 16.3M | 11.5M | 19.6M | 18.6M | |
Inventory | 41.5M | 2.4M | 8.7M | 10.5M | 1.4M | 1.3M | |
Other Stockholder Equity | (107.1M) | 126.9M | 47.0M | 8.1M | 9.4M | 8.9M | |
Total Liab | 952.1M | 242.7M | 46.0M | 42.2M | 51.3M | 48.7M | |
Total Current Assets | 154.8M | 201.8M | 249.7M | 720.1M | 564.5M | 592.7M | |
Intangible Assets | 4.9M | 3.0M | 2.7M | 2.3M | 6.4M | 6.7M | |
Short Long Term Debt Total | 878.8M | 198.6M | 2.9M | 2.0M | 6.2M | 5.9M | |
Other Current Liab | 41.5M | 76K | 136K | 14.6M | 12.0M | 16.9M | |
Short Term Debt | 724K | 773K | (14.0M) | 818K | 604K | 573.8K | |
Retained Earnings | 1.6B | 1.9B | 2.5B | 2.9B | 3.2B | 3.4B | |
Other Current Assets | 41.6M | 2.5M | 3.8M | 4.3M | 10.2M | 10.7M | |
Other Assets | 65.6M | 54.8M | 64.4M | 72.5M | 83.4M | 87.5M | |
Other Liab | 9.4M | 13.7M | 14.3M | 10.4M | 11.9M | 12.5M | |
Net Tangible Assets | 5.3B | 5.7B | 6.2B | 6.7B | 7.7B | 4.2B | |
Common Stock Total Equity | 3.5B | 3.5B | 3.6B | 3.6B | 4.2B | 4.4B | |
Deferred Long Term Liab | 5.2M | 5.2M | 5.6M | 5.8M | 6.6M | 7.0M | |
Long Term Investments | 310.6M | 199.9M | 61.5M | 255.5M | 246.7M | 259.0M | |
Accumulated Other Comprehensive Income | 160.7M | 126.9M | 47.0M | 66.5M | (39.9M) | (37.9M) | |
Common Stock | 3.6B | 3.6B | 3.7B | 3.8B | 3.8B | 2.2B | |
Property Plant Equipment | 5.7B | 5.5B | 5.9B | 5.7B | 6.6B | 3.4B | |
Property Plant And Equipment Gross | 5.7B | 5.5B | 8.9B | 8.3B | 8.9B | 9.4B | |
Current Deferred Revenue | 10.7M | 17.3M | 14.8M | 2.0 | 2.3 | 2.42 | |
Long Term Debt Total | 878.0M | 197.9M | 2.1M | 1.2M | 1.0M | 985.0K | |
Net Invested Capital | 6.2B | 5.9B | 6.3B | 6.7B | 7.0B | 6.9B |
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Is Metals & Mining 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 Wheaton Precious. If investors know Wheaton 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 Wheaton Precious 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 0.323 | Dividend Share 0.615 | Earnings Share 1.35 | Revenue Per Share 2.686 | Quarterly Revenue Growth 0.381 |
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' 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 Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' 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 Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' 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.