West Net Tangible Assets vs Deferred Long Term Liab Analysis

WST Stock  USD 329.57  0.00  0.00%   
West Pharmaceutical financial indicator trend analysis is more than just analyzing West Pharmaceutical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Pharmaceutical is a good investment. Please check the relationship between West Pharmaceutical Net Tangible Assets 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 West Pharmaceutical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Tangible Assets vs Deferred Long Term Liab

Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Pharmaceutical Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between West Pharmaceutical's Net Tangible Assets and Deferred Long Term Liab is 0.62. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of West Pharmaceutical Services, assuming nothing else is changed. The correlation between historical values of West Pharmaceutical's Net Tangible Assets 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 Net Tangible Assets of West Pharmaceutical Services 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 Net Tangible Assets i.e., West Pharmaceutical's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from West Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Pharmaceutical 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 West Pharmaceutical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, West Pharmaceutical's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 31.87 in 2024, whereas Enterprise Value is likely to drop slightly above 252.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.8B2.9B2.9B3.1B
Depreciation And Amortization122.3M120.6M137.3M144.2M

West Pharmaceutical fundamental ratios Correlations

0.320.860.980.980.98-0.870.970.970.980.480.970.980.670.120.990.91-0.70.760.990.65-0.350.980.940.540.54
0.320.120.290.160.30.120.110.160.40.20.170.220.560.920.260.210.090.580.210.070.720.30.110.350.35
0.860.120.870.870.82-0.850.840.90.830.560.90.880.610.010.870.77-0.50.590.890.38-0.40.890.790.580.58
0.980.290.870.960.96-0.860.960.950.960.50.950.960.650.080.980.92-0.720.760.970.7-0.330.980.930.490.5
0.980.160.870.960.97-0.930.990.980.960.440.980.990.63-0.040.990.91-0.720.660.990.65-0.50.970.960.540.55
0.980.30.820.960.97-0.830.970.930.990.320.930.960.710.10.980.91-0.710.680.960.71-0.350.960.930.580.58
-0.870.12-0.85-0.86-0.93-0.83-0.93-0.95-0.79-0.48-0.95-0.92-0.440.32-0.9-0.790.69-0.5-0.93-0.540.71-0.87-0.89-0.47-0.48
0.970.110.840.960.990.97-0.930.970.940.390.970.970.56-0.090.980.93-0.810.660.980.71-0.510.940.980.460.47
0.970.160.90.950.980.93-0.950.970.920.531.00.980.57-0.030.980.88-0.710.710.990.57-0.480.960.940.510.52
0.980.40.830.960.960.99-0.790.940.920.380.920.950.760.220.970.9-0.640.740.950.65-0.250.970.90.590.6
0.480.20.560.50.440.32-0.480.390.530.380.530.520.290.150.480.43-0.110.540.520.06-0.10.510.430.120.13
0.970.170.90.950.980.93-0.950.971.00.920.530.980.56-0.020.980.88-0.710.710.990.57-0.470.960.940.510.51
0.980.220.880.960.990.96-0.920.970.980.950.520.980.670.030.990.9-0.660.710.990.59-0.450.980.930.550.56
0.670.560.610.650.630.71-0.440.560.570.760.290.560.670.430.670.57-0.060.420.620.30.020.720.480.750.76
0.120.920.010.08-0.040.10.32-0.09-0.030.220.15-0.020.030.430.070.030.260.480.02-0.210.840.1-0.090.170.16
0.990.260.870.980.990.98-0.90.980.980.970.480.980.990.670.070.91-0.70.720.990.64-0.40.980.950.550.55
0.910.210.770.920.910.91-0.790.930.880.90.430.880.90.570.030.91-0.810.730.910.73-0.340.870.950.320.33
-0.70.09-0.5-0.72-0.72-0.710.69-0.81-0.71-0.64-0.11-0.71-0.66-0.060.26-0.7-0.81-0.57-0.71-0.780.45-0.62-0.850.020.01
0.760.580.590.760.660.68-0.50.660.710.740.540.710.710.420.480.720.73-0.570.730.380.130.720.670.150.16
0.990.210.890.970.990.96-0.930.980.990.950.520.990.990.620.020.990.91-0.710.730.61-0.440.970.950.520.53
0.650.070.380.70.650.71-0.540.710.570.650.060.570.590.3-0.210.640.73-0.780.380.61-0.330.610.740.140.15
-0.350.72-0.4-0.33-0.5-0.350.71-0.51-0.48-0.25-0.1-0.47-0.450.020.84-0.4-0.340.450.13-0.44-0.33-0.37-0.49-0.16-0.16
0.980.30.890.980.970.96-0.870.940.960.970.510.960.980.720.10.980.87-0.620.720.970.61-0.370.90.590.6
0.940.110.790.930.960.93-0.890.980.940.90.430.940.930.48-0.090.950.95-0.850.670.950.74-0.490.90.370.38
0.540.350.580.490.540.58-0.470.460.510.590.120.510.550.750.170.550.320.020.150.520.14-0.160.590.371.0
0.540.350.580.50.550.58-0.480.470.520.60.130.510.560.760.160.550.330.010.160.530.15-0.160.60.381.0
Click cells to compare fundamentals

West Pharmaceutical Account Relationship Matchups

West Pharmaceutical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.8B3.3B3.6B3.8B4.0B
Short Long Term Debt Total329.3M325.7M325.3M317.9M309M230.5M
Other Current Liab145.4M175.4M211.1M173.6M187.3M196.7M
Total Current Liabilities341.6M503.4M594.1M519M671.8M705.4M
Total Stockholder Equity1.6B1.9B2.3B2.7B2.9B3.0B
Property Plant And Equipment Net909.4M1.0B1.1B1.3B1.5B1.6B
Net Debt(109.8M)(289.8M)(437.3M)(576.4M)(544.9M)(517.7M)
Retained Earnings1.5B1.8B2.5B3.0B3.5B3.7B
Cash439.1M615.5M762.6M894.3M853.9M896.6M
Non Current Assets Total1.3B1.4B1.6B1.7B1.9B2.0B
Non Currrent Assets Other20.5M29M36.3M55.9M38.4M32.0M
Cash And Short Term Investments439.1M615.5M762.6M894.3M853.9M896.6M
Net Receivables319.3M385.3M489M507.4M512M537.6M
Liabilities And Stockholders Equity2.3B2.8B3.3B3.6B3.8B4.0B
Non Current Liabilities Total426.6M435.9M384.3M412.9M276.7M307.8M
Inventory235.7M321.3M378.4M414.8M434.7M456.4M
Other Current Assets64.6M51.6M112M103M135.8M142.6M
Other Stockholder Equity154.6M99.6M19.5M(138.7M)(517.4M)(491.5M)
Total Liab768.2M939.3M978.4M931.9M948.5M995.9M
Total Current Assets1.1B1.4B1.7B1.9B1.9B2.0B
Short Term Debt11.9M22.5M62.8M34.2M169.4M177.9M
Intangible Assets29.8M30.5M23M18.4M15.1M14.3M
Accounts Payable156.8M213.1M232.2M215.4M242.4M254.5M
Property Plant And Equipment Gross909.4M1.0B2.2B2.4B2.8B3.0B
Accumulated Other Comprehensive Income(149.6M)(110.6M)(159.6M)(183M)(143.8M)(151.0M)
Other Liab109.2M117M112.5M113.2M130.2M107.9M
Other Assets43M52.3M104.4M104M93.6M47.0M
Long Term Debt255M252.9M208.8M206.7M72.8M69.2M
Good Will107.8M111.1M109.9M107.3M108.5M103.1M
Treasury Stock(118.1M)(167.7M)(229.5M)(370.9M)(333.8M)(317.1M)
Property Plant Equipment839.3M943.2M1.1B1.2B1.3B1.4B
Current Deferred Revenue27.5M51M48.7M57.3M41.7M38.2M
Net Tangible Assets1.4B1.7B2.1B2.6B2.9B3.1B
Retained Earnings Total Equity1.5B1.8B2.5B3.0B3.4B3.6B
Long Term Debt Total255M252.9M208.8M206.7M186.0M209.4M
Capital Surpluse272.7M267.3M249M232.2M267.0M223.1M

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