Western Property Plant Equipment vs Other Assets Analysis

WRN Stock  CAD 1.82  0.04  2.25%   
Western Copper financial indicator trend analysis is more than just analyzing Western Copper current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Copper is a good investment. Please check the relationship between Western Copper Property Plant Equipment and its Other Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Copper and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Other Assets

Property Plant Equipment vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Copper Property Plant Equipment account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Western Copper's Property Plant Equipment and Other Assets is 0.5. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Assets in the same time period over historical financial statements of Western Copper and, assuming nothing else is changed. The correlation between historical values of Western Copper's Property Plant Equipment and Other 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 Property Plant Equipment of Western Copper and are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Property Plant Equipment i.e., Western Copper's Property Plant Equipment and Other Assets go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Other Assets

Most indicators from Western Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Copper 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 Copper and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of the 1st of June 2024, Enterprise Value is likely to grow to about 266.5 M, while Selling General Administrative is likely to drop about 3.1 M.
 2021 2022 2023 2024 (projected)
Net Interest Income208.0K584.5K1.2M1.2M
Interest Income208.0K121.3K1.2M1.2M

Western Copper fundamental ratios Correlations

0.880.81-0.730.650.980.00.90.810.8-0.210.750.530.830.29-0.54-0.16-0.460.830.44-0.060.920.950.940.910.85
0.880.95-0.720.460.820.030.890.950.91-0.10.90.610.750.2-0.59-0.17-0.430.920.38-0.060.80.830.820.80.85
0.810.95-0.710.440.780.070.831.00.870.160.880.390.81-0.03-0.57-0.26-0.40.870.16-0.060.750.790.740.820.87
-0.73-0.72-0.71-0.9-0.79-0.03-0.56-0.71-0.480.09-0.45-0.32-0.410.250.930.650.9-0.560.150.68-0.54-0.53-0.48-0.6-0.5
0.650.460.44-0.90.740.080.380.440.21-0.150.180.190.31-0.28-0.83-0.7-0.880.31-0.22-0.720.470.440.390.50.36
0.980.820.78-0.790.74-0.030.850.780.72-0.150.660.410.80.17-0.58-0.24-0.540.760.3-0.160.880.910.890.920.8
0.00.030.07-0.030.08-0.030.010.070.00.150.06-0.14-0.03-0.23-0.19-0.17-0.20.05-0.23-0.2-0.13-0.12-0.09-0.16-0.08
0.90.890.83-0.560.380.850.010.830.96-0.090.920.490.80.37-0.410.15-0.290.940.520.150.790.880.890.840.85
0.810.951.0-0.710.440.780.070.830.870.160.880.390.81-0.03-0.57-0.26-0.40.870.16-0.060.750.790.740.820.87
0.80.910.87-0.480.210.720.00.960.87-0.020.980.510.760.34-0.350.19-0.180.960.510.230.710.80.810.770.85
-0.21-0.10.160.09-0.15-0.150.15-0.090.16-0.020.09-0.750.18-0.70.07-0.090.12-0.03-0.630.07-0.23-0.17-0.230.050.12
0.750.90.88-0.450.180.660.060.920.880.980.090.470.750.23-0.370.13-0.180.940.420.220.670.740.740.730.87
0.530.610.39-0.320.190.41-0.140.490.390.51-0.750.470.240.62-0.29-0.01-0.180.480.710.020.530.50.530.320.44
0.830.750.81-0.410.310.8-0.030.80.810.760.180.750.240.17-0.150.01-0.030.750.340.320.890.930.90.960.92
0.290.2-0.030.25-0.280.17-0.230.37-0.030.34-0.70.230.620.170.360.670.390.30.970.570.380.410.490.160.15
-0.54-0.59-0.570.93-0.83-0.58-0.19-0.41-0.57-0.350.07-0.37-0.29-0.150.360.70.97-0.430.270.82-0.27-0.27-0.23-0.32-0.32
-0.16-0.17-0.260.65-0.7-0.24-0.170.15-0.260.19-0.090.13-0.010.010.670.70.720.10.610.83-0.090.020.11-0.09-0.07
-0.46-0.43-0.40.9-0.88-0.54-0.2-0.29-0.4-0.180.12-0.18-0.18-0.030.390.970.72-0.290.340.9-0.19-0.17-0.14-0.23-0.16
0.830.920.87-0.560.310.760.050.940.870.96-0.030.940.480.750.3-0.430.1-0.290.450.120.750.80.810.770.82
0.440.380.160.15-0.220.3-0.230.520.160.51-0.630.420.710.340.970.270.610.340.450.590.520.550.630.320.37
-0.06-0.06-0.060.68-0.72-0.16-0.20.15-0.060.230.070.220.020.320.570.820.830.90.120.590.160.220.260.140.21
0.920.80.75-0.540.470.88-0.130.790.750.71-0.230.670.530.890.38-0.27-0.09-0.190.750.520.160.980.960.930.86
0.950.830.79-0.530.440.91-0.120.880.790.8-0.170.740.50.930.41-0.270.02-0.170.80.550.220.980.990.960.89
0.940.820.74-0.480.390.89-0.090.890.740.81-0.230.740.530.90.49-0.230.11-0.140.810.630.260.960.990.920.85
0.910.80.82-0.60.50.92-0.160.840.820.770.050.730.320.960.16-0.32-0.09-0.230.770.320.140.930.960.920.91
0.850.850.87-0.50.360.8-0.080.850.870.850.120.870.440.920.15-0.32-0.07-0.160.820.370.210.860.890.850.91
Click cells to compare fundamentals

Western Copper Account Relationship Matchups

Western Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.5M83.8M115.5M114.4M143.9M74.1M
Total Stockholder Equity50.0M82.6M112.1M109.7M139.4M146.4M
Property Plant And Equipment Net48.4M53.7M66.8M89.8M110.6M116.1M
Retained Earnings(100.9M)(102.9M)(106.6M)(111.6M)(114.9M)(109.2M)
Common Stock Shares Outstanding104.2M114.9M144.3M151.5M166.1M104.0M
Liabilities And Stockholders Equity50.5M83.8M115.5M114.4M131.5M69.7M
Other Stockholder Equity33.9M34.6M35.5M37.8M34.0M45.6M
Total Liab462.6K1.2M3.4M4.6M4.5M3.3M
Property Plant And Equipment Gross48.4M53.7M66.8M89.8M110.6M116.1M
Total Current Liabilities462.6K1.2M3.2M4.5M4.5M4.7M
Net Debt(1.6M)(28.6M)(30.3M)(923.3K)(831.0K)(872.5K)
Accounts Payable372.8K1.2M2.2M4.2M4.9M5.1M
Cash1.6M28.6M30.7M1.3M26.0M27.3M
Non Current Assets Total48.4M53.7M66.8M89.8M110.6M59.6M
Cash And Short Term Investments1.8M29.4M47.9M23.1M20.8M15.2M
Short Term Investments160.5K737.0K17.2M21.8M6.1M8.9M
Other Current Assets281.5K677.9K860.5K1.4M1.3M1.3M
Total Current Assets2.1M30.1M48.7M24.6M33.3M22.2M
Common Stock Total Equity108.0M111.9M116.9M150.9M173.5M123.8M
Common Stock116.9M150.9M183.2M183.5M211.1M138.0M
Net Tangible Assets50.0M82.6M112.1M109.7M126.2M69.8M
Property Plant Equipment48.4M53.7M66.8M89.8M103.3M52.4M
Capital Surpluse33.9M34.6M35.5M37.8M43.5M37.7M
Cash And Equivalents1.6M28.6M30.7M1.3M1.5M1.5M
Net Invested Capital50.0M82.6M112.1M109.7M139.4M91.9M
Net Working Capital1.6M28.9M45.6M20.1M28.9M20.9M
Capital Stock116.9M150.9M183.2M183.5M216.3M176.5M

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When determining whether Western Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Copper'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 Western Copper And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Copper And Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Copper and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Western Copper's price analysis, check to measure Western Copper'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 Western Copper is operating at the current time. Most of Western Copper's value examination focuses on studying past and present price action to predict the probability of Western Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Copper's price. Additionally, you may evaluate how the addition of Western Copper to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Copper'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.