Western Long Term Debt vs Total Current Liabilities Analysis
WAL Stock | USD 63.03 0.97 1.56% |
Western Alliance financial indicator trend analysis is more than just analyzing Western Alliance Ban current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Alliance Ban is a good investment. Please check the relationship between Western Alliance Long Term Debt and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Long Term Debt vs Total Current Liabilities
Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Alliance Ban Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Western Alliance's Long Term Debt and Total Current Liabilities is 0.09. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Western Alliance Bancorporation, assuming nothing else is changed. The correlation between historical values of Western Alliance's Long Term Debt 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 Long Term Debt of Western Alliance Bancorporation 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 Long Term Debt i.e., Western Alliance's Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Western Alliance Ban has held for over one year. Long-term debt appears on Western Alliance Bancorporation balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Western Alliance Bancorporation balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Current Liabilities
Total Current Liabilities is an item on Western Alliance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Western Alliance Bancorporation 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 Western Alliance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Alliance Ban 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 Alliance Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Western Alliance's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 168.16 this year, although the value of Tax Provision will most likely fall to about 157.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.8B | 2.3B | 4.3B | 4.6B | Interest Expense | 109.9M | 475.5M | 553.8M | 581.5M |
Western Alliance fundamental ratios Correlations
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Western Alliance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Alliance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 103.1M | 100.5M | 103.3M | 107.6M | 108.5M | 72.2M | |
Total Assets | 26.8B | 36.5B | 56.0B | 67.7B | 70.9B | 74.4B | |
Total Stockholder Equity | 3.0B | 3.4B | 5.0B | 5.4B | 6.1B | 6.4B | |
Net Debt | 37.1M | (2.0B) | 2.0B | 6.3B | 6.7B | 7.1B | |
Cash | 434.6M | 2.7B | 516.4M | 1.0B | 1.6B | 1.7B | |
Other Assets | 18.5B | 23.1B | 40.1B | 59.0B | 67.8B | 71.2B | |
Cash And Short Term Investments | 3.8B | 7.4B | 6.7B | 8.1B | (1.6B) | (1.5B) | |
Liabilities And Stockholders Equity | 26.8B | 36.5B | 56.0B | 67.7B | 70.9B | 74.4B | |
Other Stockholder Equity | 1.3B | (71.1M) | (381.3M) | 190M | 218.5M | 207.6M | |
Total Liab | 23.8B | 33.0B | 51.0B | 62.4B | 64.8B | 68.0B | |
Total Current Assets | 3.8B | 7.4B | 6.7B | 7.4B | 1.6B | 1.5B | |
Short Long Term Debt Total | 471.7M | 633.6M | 2.5B | 7.4B | 8.3B | 8.7B | |
Total Current Liabilities | 520.3M | 472.4M | 919.4M | 3.6B | 30.4B | 32.0B | |
Other Liab | 464.8M | 37M | 37.6M | 1.3B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 198.4M | 206.6M | 314.9M | 439M | 484M | 508.2M | |
Retained Earnings | 1.7B | 2.0B | 2.8B | 3.7B | 4.2B | 4.4B | |
Accounts Payable | 520.3M | 467.4M | 867.5M | 1.4B | 1.6B | 1.6B | |
Non Current Assets Total | 4.5B | 6.0B | 9.2B | 1.4B | 69.3B | 72.7B | |
Non Currrent Assets Other | (18.0M) | (31.3M) | (20.9M) | (9.9B) | 2.6B | 2.8B | |
Long Term Debt | 393.6M | 5M | 2.4B | 7.2B | 1.3B | 770.9M | |
Short Term Investments | 3.3B | 4.7B | 6.2B | 7.1B | 4.1B | 2.2B | |
Non Current Liabilities Total | 471.7M | 633.6M | 2.5B | 58.8B | 34.3B | 36.1B | |
Other Current Assets | 450.0M | 2.7B | 826.8M | (784M) | 1.6B | 1.5B | |
Property Plant And Equipment Gross | 198.4M | 206.6M | 314.9M | 439M | 690M | 724.5M | |
Accumulated Other Comprehensive Income | 25M | 92.3M | 15.7M | (661M) | (513M) | (487.4M) | |
Short Term Debt | 29.0M | 5M | 51.9M | 52M | 6.6B | 6.9B | |
Intangible Assets | 7.7M | 8.6M | 698M | 1.1B | 669M | 702.5M | |
Common Stock | 1.3B | 1.3B | 1.9B | 2.1B | 2.1B | 2.2B | |
Property Plant Equipment | 125.8M | 134.1M | 314.9M | 439M | 504.9M | 530.1M | |
Good Will | 297.6M | 298.5M | 634.8M | 680M | 527M | 553.4M | |
Inventory | 13.9M | 1.4M | 11.7M | 11M | 9.9M | 9.4M | |
Other Current Liab | (520.3M) | (472.4M) | (919.4M) | 2.2B | 23.8B | 25.0B | |
Retained Earnings Total Equity | 1.7B | 2.0B | 2.8B | 3.7B | 4.2B | 4.4B | |
Treasury Stock | (62.7M) | (71.1M) | (86.8M) | (105M) | (94.5M) | (89.8M) | |
Net Tangible Assets | 2.7B | 3.1B | 4.0B | 4.4B | 5.0B | 5.3B | |
Long Term Debt Total | 393.6M | 5M | 2.4B | 7.2B | 8.3B | 8.7B |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Western Alliance Ban information on this page should be used as a complementary analysis to other Western Alliance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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Is Western Alliance's industry 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 Alliance. 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 Alliance 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 0.25 | Dividend Share 1.46 | Earnings Share 6.86 | Revenue Per Share 25.259 | Quarterly Revenue Growth 0.34 |
The market value of Western Alliance Ban 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 Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance'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 Alliance's market value can be influenced by many factors that don't directly affect Western Alliance'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 Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.