WEC Deferred Long Term Liab vs Total Assets Analysis

WEC Stock  USD 81.49  1.32  1.59%   
WEC Energy financial indicator trend analysis is more than just analyzing WEC Energy Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WEC Energy Group is a good investment. Please check the relationship between WEC Energy Deferred Long Term Liab and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Deferred Long Term Liab vs Total Assets

Deferred Long Term Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEC Energy Group Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between WEC Energy's Deferred Long Term Liab and Total Assets is 0.67. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of WEC Energy Group, assuming nothing else is changed. The correlation between historical values of WEC Energy's Deferred Long Term Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of WEC Energy Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Long Term Liab i.e., WEC Energy's Deferred Long Term Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Assets

Total assets refers to the total amount of WEC Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in WEC Energy Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from WEC Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WEC Energy Group 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 WEC Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, WEC Energy's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.19, whereas Discontinued Operations is forecasted to decline to about 4.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.3B4.4B2.5B
Total Revenue8.3B9.6B8.9B9.3B

WEC Energy fundamental ratios Correlations

0.850.780.350.770.890.820.770.720.950.240.86-0.40.240.920.850.820.160.320.840.860.65-0.280.690.890.7
0.850.990.620.971.01.00.990.940.840.31.0-0.490.30.821.00.820.510.171.00.840.9-0.320.570.730.95
0.780.990.70.980.970.991.00.950.770.240.99-0.460.240.770.980.790.620.110.990.80.94-0.280.470.650.98
0.350.620.70.690.570.670.70.720.33-0.090.630.07-0.090.340.620.360.64-0.030.640.380.730.05-0.240.220.7
0.770.970.980.690.950.980.980.940.750.290.97-0.40.290.760.960.760.580.110.970.770.98-0.30.480.630.95
0.891.00.970.570.950.980.970.910.870.321.0-0.50.320.840.990.830.450.180.990.840.88-0.340.620.750.92
0.821.00.990.670.980.980.990.960.80.281.0-0.470.280.81.00.810.560.171.00.820.93-0.30.510.690.97
0.770.991.00.70.980.970.990.950.770.240.99-0.460.240.770.980.790.620.110.990.80.94-0.280.470.640.98
0.720.940.950.720.940.910.960.950.720.310.94-0.310.310.750.940.740.570.310.940.790.92-0.290.340.640.95
0.950.840.770.330.750.870.80.770.720.20.84-0.440.20.970.840.920.140.360.830.940.61-0.310.690.90.72
0.240.30.24-0.090.290.320.280.240.310.20.3-0.121.00.180.30.25-0.050.310.30.220.27-0.330.420.310.18
0.861.00.990.630.971.01.00.990.940.840.3-0.490.30.821.00.820.510.171.00.830.91-0.320.570.720.95
-0.4-0.49-0.460.07-0.4-0.5-0.47-0.46-0.31-0.44-0.12-0.49-0.12-0.4-0.5-0.59-0.310.0-0.49-0.45-0.310.21-0.7-0.43-0.46
0.240.30.24-0.090.290.320.280.240.310.21.00.3-0.120.180.30.25-0.050.310.30.220.27-0.330.420.310.18
0.920.820.770.340.760.840.80.770.750.970.180.82-0.40.180.820.910.190.370.820.970.65-0.340.660.890.75
0.851.00.980.620.960.991.00.980.940.840.31.0-0.50.30.820.830.520.191.00.840.89-0.30.560.730.95
0.820.820.790.360.760.830.810.790.740.920.250.82-0.590.250.910.830.340.410.820.970.64-0.210.660.90.77
0.160.510.620.640.580.450.560.620.570.14-0.050.51-0.31-0.050.190.520.34-0.140.530.30.630.3-0.010.110.69
0.320.170.11-0.030.110.180.170.110.310.360.310.170.00.310.370.190.41-0.140.170.470.050.110.110.610.07
0.841.00.990.640.970.991.00.990.940.830.31.0-0.490.30.821.00.820.530.170.830.91-0.310.550.720.96
0.860.840.80.380.770.840.820.80.790.940.220.83-0.450.220.970.840.970.30.470.830.67-0.230.620.90.78
0.650.90.940.730.980.880.930.940.920.610.270.91-0.310.270.650.890.640.630.050.910.67-0.280.360.510.92
-0.28-0.32-0.280.05-0.3-0.34-0.3-0.28-0.29-0.31-0.33-0.320.21-0.33-0.34-0.3-0.210.30.11-0.31-0.23-0.28-0.41-0.19-0.27
0.690.570.47-0.240.480.620.510.470.340.690.420.57-0.70.420.660.560.66-0.010.110.550.620.36-0.410.660.43
0.890.730.650.220.630.750.690.640.640.90.310.72-0.430.310.890.730.90.110.610.720.90.51-0.190.660.58
0.70.950.980.70.950.920.970.980.950.720.180.95-0.460.180.750.950.770.690.070.960.780.92-0.270.430.58
Click cells to compare fundamentals

WEC Energy Account Relationship Matchups

WEC Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding316.7M316.5M316.3M316.1M315.9M269.4M
Total Assets35.0B37.0B39.0B41.9B43.9B46.1B
Short Long Term Debt Total12.7B14.3B15.6B17.3B18.8B19.7B
Other Current Liab550.8M530.7M291.7M513.9M576.7M605.5M
Total Current Liabilities3.2B4.1B3.8B4.6B5.1B5.4B
Total Stockholder Equity10.1B10.5B10.9B11.4B11.8B12.3B
Property Plant And Equipment Net23.6B25.7B27.0B29.1B31.6B33.2B
Net Debt12.7B14.3B15.6B17.3B18.8B19.7B
Retained Earnings5.9B6.3B6.8B7.3B7.6B8.0B
Accounts Payable908.1M880.7M1.0B1.2B896.6M534.4M
Non Current Assets Total32.9B34.9B36.3B38.7B41.1B43.2B
Non Currrent Assets Other957.8M896.5M361.1M(17M)(414.7M)(394.0M)
Net Receivables1.2B1.2B1.5B1.8B1.5B796.2M
Liabilities And Stockholders Equity35.0B37.0B39.0B41.9B43.9B46.1B
Non Current Liabilities Total21.5B22.2B24.1B25.6B26.8B28.1B
Inventory549.8M528.6M635.8M807.1M775.2M468.6M
Other Current Assets68M63.4M253.4M261.7M474.4M498.1M
Other Stockholder Equity4.2B4.1B4.1B4.1B4.1B2.8B
Total Liab24.7B26.4B27.9B30.3B31.9B33.5B
Total Current Assets2.1B2.1B2.7B3.2B2.8B1.7B
Short Term Debt1.5B2.6B2.1B2.5B3.3B3.4B
Current Deferred Revenue199.8M174M389.2M370.7M356.4M285.6M
Property Plant And Equipment Gross23.6B25.7B36.9B39.5B41.7B43.8B
Accumulated Other Comprehensive Income(2.6M)(4.1M)(6.8M)(3.2M)(7.7M)(8.1M)
Other Liab10.3B10.5B10.6B10.9B12.5B13.1B
Other Assets4.4B4.8B5.0B7.0B8.0B8.4B
Long Term Debt11.2B11.7B13.5B14.8B15.4B16.1B
Property Plant Equipment23.6B25.7B27.0B29.1B33.5B35.2B
Net Tangible Assets10.1B10.5B7.9B8.3B9.6B7.9B
Noncontrolling Interest In Consolidated Entity110.8M162.4M169.7M209.3M240.7M252.7M
Retained Earnings Total Equity5.9B6.3B6.8B7.3B8.4B8.8B
Long Term Debt Total11.2B11.7B13.5B14.8B17.0B9.2B
Deferred Long Term Liab4.3B4.5B3.3B5.0B5.7B3.8B

WEC Energy Investors Sentiment

The influence of WEC Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WEC. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to WEC Energy's public news can be used to forecast risks associated with an investment in WEC. The trend in average sentiment can be used to explain how an investor holding WEC can time the market purely based on public headlines and social activities around WEC Energy Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WEC Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WEC Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average WEC Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on WEC Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WEC Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WEC Energy's short interest history, or implied volatility extrapolated from WEC Energy options trading.

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 WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy'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 Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the WEC Energy Group information on this page should be used as a complementary analysis to other WEC Energy'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running WEC Energy's price analysis, check to measure WEC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WEC Energy is operating at the current time. Most of WEC Energy's value examination focuses on studying past and present price action to predict the probability of WEC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEC Energy's price. Additionally, you may evaluate how the addition of WEC Energy to your portfolios can decrease your overall portfolio volatility.
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Is WEC Energy'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 WEC Energy. If investors know WEC 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 WEC Energy 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
(0.13)
Dividend Share
3.12
Earnings Share
4.22
Revenue Per Share
28.196
Return On Assets
0.0318
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy'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 WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy'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 WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy'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.