Western Non Currrent Assets Other vs Common Stock Shares Outstanding 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 Non Currrent Assets Other and its Common Stock Shares Outstanding 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.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Alliance Ban Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Western Alliance's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.11. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding 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 Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Western Alliance Bancorporation are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Western Alliance's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Revenue1.8B2.3B4.3B4.6B
Interest Expense109.9M475.5M553.8M581.5M

Western Alliance fundamental ratios Correlations

0.370.430.140.230.20.470.280.370.510.150.020.210.330.320.310.04-0.110.28-0.860.210.640.160.270.24-0.02
0.370.990.850.670.970.16-0.541.0-0.30.910.730.830.980.990.980.72-0.120.6-0.250.960.730.81-0.490.940.68
0.430.990.810.670.940.18-0.470.99-0.230.870.720.810.960.990.970.72-0.050.54-0.290.930.740.75-0.430.920.67
0.140.850.810.350.89-0.21-0.380.85-0.380.980.820.940.910.830.920.77-0.150.61-0.140.820.40.91-0.430.910.78
0.230.670.670.350.660.21-0.530.67-0.260.540.530.480.630.70.610.540.070.16-0.150.720.490.45-0.380.620.5
0.20.970.940.890.660.02-0.620.97-0.50.950.80.860.980.970.970.78-0.10.58-0.130.970.60.85-0.640.960.74
0.470.160.18-0.210.210.02-0.140.160.39-0.15-0.53-0.220.020.130.01-0.53-0.630.51-0.170.10.750.04-0.05-0.18-0.59
0.28-0.54-0.47-0.38-0.53-0.62-0.14-0.540.65-0.48-0.33-0.22-0.51-0.52-0.46-0.340.12-0.38-0.33-0.73-0.34-0.410.77-0.47-0.3
0.371.00.990.850.670.970.16-0.54-0.30.920.730.830.980.990.980.72-0.120.6-0.250.960.720.82-0.50.940.68
0.51-0.3-0.23-0.38-0.26-0.50.390.65-0.3-0.41-0.47-0.32-0.39-0.33-0.33-0.45-0.1-0.09-0.42-0.440.15-0.330.89-0.44-0.45
0.150.910.870.980.540.95-0.15-0.480.92-0.410.860.950.950.910.960.82-0.120.58-0.130.90.460.93-0.490.960.81
0.020.730.720.820.530.8-0.53-0.330.73-0.470.860.860.80.760.820.990.370.09-0.110.740.110.64-0.330.911.0
0.210.830.810.940.480.86-0.22-0.220.83-0.320.950.860.890.850.920.8-0.10.5-0.190.750.380.9-0.350.910.81
0.330.980.960.910.630.980.02-0.510.98-0.390.950.80.890.960.990.78-0.10.58-0.290.950.620.86-0.540.970.75
0.320.990.990.830.70.970.13-0.520.99-0.330.910.760.850.960.980.75-0.080.55-0.170.940.70.8-0.50.930.71
0.310.980.970.920.610.970.01-0.460.98-0.330.960.820.920.990.980.8-0.080.57-0.220.930.620.86-0.470.970.77
0.040.720.720.770.540.78-0.53-0.340.72-0.450.820.990.80.780.750.80.460.02-0.130.730.110.56-0.310.90.99
-0.11-0.12-0.05-0.150.07-0.1-0.630.12-0.12-0.1-0.120.37-0.1-0.1-0.08-0.080.46-0.84-0.07-0.09-0.46-0.470.230.080.45
0.280.60.540.610.160.580.51-0.380.6-0.090.580.090.50.580.550.570.02-0.84-0.080.560.710.79-0.430.420.01
-0.86-0.25-0.29-0.14-0.15-0.13-0.17-0.33-0.25-0.42-0.13-0.11-0.19-0.29-0.17-0.22-0.13-0.07-0.08-0.13-0.3-0.1-0.31-0.24-0.09
0.210.960.930.820.720.970.1-0.730.96-0.440.90.740.750.950.940.930.73-0.090.56-0.130.640.79-0.60.920.69
0.640.730.740.40.490.60.75-0.340.720.150.460.110.380.620.70.620.11-0.460.71-0.30.640.52-0.260.460.04
0.160.810.750.910.450.850.04-0.410.82-0.330.930.640.90.860.80.860.56-0.470.79-0.10.790.52-0.490.810.57
0.27-0.49-0.43-0.43-0.38-0.64-0.050.77-0.50.89-0.49-0.33-0.35-0.54-0.5-0.47-0.310.23-0.43-0.31-0.6-0.26-0.49-0.49-0.28
0.240.940.920.910.620.96-0.18-0.470.94-0.440.960.910.910.970.930.970.90.080.42-0.240.920.460.81-0.490.88
-0.020.680.670.780.50.74-0.59-0.30.68-0.450.811.00.810.750.710.770.990.450.01-0.090.690.040.57-0.280.88
Click cells to compare fundamentals

Western Alliance Account Relationship Matchups

Western Alliance fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding103.1M100.5M103.3M107.6M108.5M72.2M
Total Assets26.8B36.5B56.0B67.7B70.9B74.4B
Total Stockholder Equity3.0B3.4B5.0B5.4B6.1B6.4B
Net Debt37.1M(2.0B)2.0B6.3B6.7B7.1B
Cash434.6M2.7B516.4M1.0B1.6B1.7B
Other Assets18.5B23.1B40.1B59.0B67.8B71.2B
Cash And Short Term Investments3.8B7.4B6.7B8.1B(1.6B)(1.5B)
Liabilities And Stockholders Equity26.8B36.5B56.0B67.7B70.9B74.4B
Other Stockholder Equity1.3B(71.1M)(381.3M)190M218.5M207.6M
Total Liab23.8B33.0B51.0B62.4B64.8B68.0B
Total Current Assets3.8B7.4B6.7B7.4B1.6B1.5B
Short Long Term Debt Total471.7M633.6M2.5B7.4B8.3B8.7B
Total Current Liabilities520.3M472.4M919.4M3.6B30.4B32.0B
Other Liab464.8M37M37.6M1.3B1.5B1.6B
Property Plant And Equipment Net198.4M206.6M314.9M439M484M508.2M
Retained Earnings1.7B2.0B2.8B3.7B4.2B4.4B
Accounts Payable520.3M467.4M867.5M1.4B1.6B1.6B
Non Current Assets Total4.5B6.0B9.2B1.4B69.3B72.7B
Non Currrent Assets Other(18.0M)(31.3M)(20.9M)(9.9B)2.6B2.8B
Long Term Debt393.6M5M2.4B7.2B1.3B770.9M
Short Term Investments3.3B4.7B6.2B7.1B4.1B2.2B
Non Current Liabilities Total471.7M633.6M2.5B58.8B34.3B36.1B
Other Current Assets450.0M2.7B826.8M(784M)1.6B1.5B
Property Plant And Equipment Gross198.4M206.6M314.9M439M690M724.5M
Accumulated Other Comprehensive Income25M92.3M15.7M(661M)(513M)(487.4M)
Short Term Debt29.0M5M51.9M52M6.6B6.9B
Intangible Assets7.7M8.6M698M1.1B669M702.5M
Common Stock1.3B1.3B1.9B2.1B2.1B2.2B
Property Plant Equipment125.8M134.1M314.9M439M504.9M530.1M
Good Will297.6M298.5M634.8M680M527M553.4M
Inventory13.9M1.4M11.7M11M9.9M9.4M
Other Current Liab(520.3M)(472.4M)(919.4M)2.2B23.8B25.0B
Retained Earnings Total Equity1.7B2.0B2.8B3.7B4.2B4.4B
Treasury Stock(62.7M)(71.1M)(86.8M)(105M)(94.5M)(89.8M)
Net Tangible Assets2.7B3.1B4.0B4.4B5.0B5.3B
Long Term Debt Total393.6M5M2.4B7.2B8.3B8.7B

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When determining whether Western Alliance Ban is a strong investment it is important to analyze Western Alliance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Alliance's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:
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 Stocks Directory module to find actively traded stocks across global markets.

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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.