Western Roic vs Invested Capital Analysis

WRN Stock

CAD 2.09 0.10 5.03%

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 Roic and its Invested Capital 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.

Roic vs Invested Capital

Roic vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Copper Roic account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Western Copper's Roic and Invested Capital is -0.02. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Invested Capital 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 Roic and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Western Copper and are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Roic i.e., Western Copper's Roic and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Western Copper and. There are two different methods for calculating Western Copper invested capital: operating approach and financing approach. Understanding Western Copper invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 17th of May 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 Income	208.0K	584.5K	1.2M	1.2M
Interest Income	208.0K	121.3K	1.2M	1.2M

Net Interest Income Interest Income

Western Copper fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Other Current Liab	Common Stock Total Equity	Common Stock	Net Tangible Assets	Property Plant Equipment	Capital Surpluse
Total Assets		0.88	0.81	-0.73	0.65	0.98	0.0	0.9	0.81	0.8	-0.21	0.75	0.53	0.83	0.29	-0.54	-0.16	-0.46	0.83	0.44	-0.06	0.92	0.95	0.94	0.91	0.85
Total Stockholder Equity	0.88		0.95	-0.72	0.46	0.82	0.03	0.89	0.95	0.91	-0.1	0.9	0.61	0.75	0.2	-0.59	-0.17	-0.43	0.92	0.38	-0.06	0.8	0.83	0.82	0.8	0.85
Property Plant And Equipment Net	0.81	0.95		-0.71	0.44	0.78	0.07	0.83	1.0	0.87	0.16	0.88	0.39	0.81	-0.03	-0.57	-0.26	-0.4	0.87	0.16	-0.06	0.75	0.79	0.74	0.82	0.87
Retained Earnings	-0.73	-0.72	-0.71		-0.9	-0.79	-0.03	-0.56	-0.71	-0.48	0.09	-0.45	-0.32	-0.41	0.25	0.93	0.65	0.9	-0.56	0.15	0.68	-0.54	-0.53	-0.48	-0.6	-0.5
Other Assets	0.65	0.46	0.44	-0.9		0.74	0.08	0.38	0.44	0.21	-0.15	0.18	0.19	0.31	-0.28	-0.83	-0.7	-0.88	0.31	-0.22	-0.72	0.47	0.44	0.39	0.5	0.36
Common Stock Shares Outstanding	0.98	0.82	0.78	-0.79	0.74		-0.03	0.85	0.78	0.72	-0.15	0.66	0.41	0.8	0.17	-0.58	-0.24	-0.54	0.76	0.3	-0.16	0.88	0.91	0.89	0.92	0.8
Other Stockholder Equity	0.0	0.03	0.07	-0.03	0.08	-0.03		0.01	0.07	0.0	0.15	0.06	-0.14	-0.03	-0.23	-0.19	-0.17	-0.2	0.05	-0.23	-0.2	-0.13	-0.12	-0.09	-0.16	-0.08
Total Liab	0.9	0.89	0.83	-0.56	0.38	0.85	0.01		0.83	0.96	-0.09	0.92	0.49	0.8	0.37	-0.41	0.15	-0.29	0.94	0.52	0.15	0.79	0.88	0.89	0.84	0.85
Property Plant And Equipment Gross	0.81	0.95	1.0	-0.71	0.44	0.78	0.07	0.83		0.87	0.16	0.88	0.39	0.81	-0.03	-0.57	-0.26	-0.4	0.87	0.16	-0.06	0.75	0.79	0.74	0.82	0.87
Total Current Liabilities	0.8	0.91	0.87	-0.48	0.21	0.72	0.0	0.96	0.87		-0.02	0.98	0.51	0.76	0.34	-0.35	0.19	-0.18	0.96	0.51	0.23	0.71	0.8	0.81	0.77	0.85
Net Debt	-0.21	-0.1	0.16	0.09	-0.15	-0.15	0.15	-0.09	0.16	-0.02		0.09	-0.75	0.18	-0.7	0.07	-0.09	0.12	-0.03	-0.63	0.07	-0.23	-0.17	-0.23	0.05	0.12
Accounts Payable	0.75	0.9	0.88	-0.45	0.18	0.66	0.06	0.92	0.88	0.98	0.09		0.47	0.75	0.23	-0.37	0.13	-0.18	0.94	0.42	0.22	0.67	0.74	0.74	0.73	0.87
Cash	0.53	0.61	0.39	-0.32	0.19	0.41	-0.14	0.49	0.39	0.51	-0.75	0.47		0.24	0.62	-0.29	-0.01	-0.18	0.48	0.71	0.02	0.53	0.5	0.53	0.32	0.44
Non Current Assets Total	0.83	0.75	0.81	-0.41	0.31	0.8	-0.03	0.8	0.81	0.76	0.18	0.75	0.24		0.17	-0.15	0.01	-0.03	0.75	0.34	0.32	0.89	0.93	0.9	0.96	0.92
Cash And Short Term Investments	0.29	0.2	-0.03	0.25	-0.28	0.17	-0.23	0.37	-0.03	0.34	-0.7	0.23	0.62	0.17		0.36	0.67	0.39	0.3	0.97	0.57	0.38	0.41	0.49	0.16	0.15
Net Receivables	-0.54	-0.59	-0.57	0.93	-0.83	-0.58	-0.19	-0.41	-0.57	-0.35	0.07	-0.37	-0.29	-0.15	0.36		0.7	0.97	-0.43	0.27	0.82	-0.27	-0.27	-0.23	-0.32	-0.32
Short Term Investments	-0.16	-0.17	-0.26	0.65	-0.7	-0.24	-0.17	0.15	-0.26	0.19	-0.09	0.13	-0.01	0.01	0.67	0.7		0.72	0.1	0.61	0.83	-0.09	0.02	0.11	-0.09	-0.07
Non Current Liabilities Total	-0.46	-0.43	-0.4	0.9	-0.88	-0.54	-0.2	-0.29	-0.4	-0.18	0.12	-0.18	-0.18	-0.03	0.39	0.97	0.72		-0.29	0.34	0.9	-0.19	-0.17	-0.14	-0.23	-0.16
Other Current Assets	0.83	0.92	0.87	-0.56	0.31	0.76	0.05	0.94	0.87	0.96	-0.03	0.94	0.48	0.75	0.3	-0.43	0.1	-0.29		0.45	0.12	0.75	0.8	0.81	0.77	0.82
Total Current Assets	0.44	0.38	0.16	0.15	-0.22	0.3	-0.23	0.52	0.16	0.51	-0.63	0.42	0.71	0.34	0.97	0.27	0.61	0.34	0.45		0.59	0.52	0.55	0.63	0.32	0.37
Other Current Liab	-0.06	-0.06	-0.06	0.68	-0.72	-0.16	-0.2	0.15	-0.06	0.23	0.07	0.22	0.02	0.32	0.57	0.82	0.83	0.9	0.12	0.59		0.16	0.22	0.26	0.14	0.21
Common Stock Total Equity	0.92	0.8	0.75	-0.54	0.47	0.88	-0.13	0.79	0.75	0.71	-0.23	0.67	0.53	0.89	0.38	-0.27	-0.09	-0.19	0.75	0.52	0.16		0.98	0.96	0.93	0.86
Common Stock	0.95	0.83	0.79	-0.53	0.44	0.91	-0.12	0.88	0.79	0.8	-0.17	0.74	0.5	0.93	0.41	-0.27	0.02	-0.17	0.8	0.55	0.22	0.98		0.99	0.96	0.89
Net Tangible Assets	0.94	0.82	0.74	-0.48	0.39	0.89	-0.09	0.89	0.74	0.81	-0.23	0.74	0.53	0.9	0.49	-0.23	0.11	-0.14	0.81	0.63	0.26	0.96	0.99		0.92	0.85
Property Plant Equipment	0.91	0.8	0.82	-0.6	0.5	0.92	-0.16	0.84	0.82	0.77	0.05	0.73	0.32	0.96	0.16	-0.32	-0.09	-0.23	0.77	0.32	0.14	0.93	0.96	0.92		0.91
Capital Surpluse	0.85	0.85	0.87	-0.5	0.36	0.8	-0.08	0.85	0.87	0.85	0.12	0.87	0.44	0.92	0.15	-0.32	-0.07	-0.16	0.82	0.37	0.21	0.86	0.89	0.85	0.91

Click cells to compare fundamentals

Western Copper Account Relationship Matchups

Western Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	50.5M	83.8M	115.5M	114.4M	143.9M	74.1M
Total Stockholder Equity	50.0M	82.6M	112.1M	109.7M	139.4M	146.4M
Property Plant And Equipment Net	48.4M	53.7M	66.8M	89.8M	110.6M	116.1M
Retained Earnings	(100.9M)	(102.9M)	(106.6M)	(111.6M)	(114.9M)	(109.2M)
Common Stock Shares Outstanding	104.2M	114.9M	144.3M	151.5M	166.1M	104.0M
Liabilities And Stockholders Equity	50.5M	83.8M	115.5M	114.4M	131.5M	69.7M
Other Stockholder Equity	33.9M	34.6M	35.5M	37.8M	34.0M	45.6M
Total Liab	462.6K	1.2M	3.4M	4.6M	4.5M	3.3M
Property Plant And Equipment Gross	48.4M	53.7M	66.8M	89.8M	110.6M	116.1M
Total Current Liabilities	462.6K	1.2M	3.2M	4.5M	4.5M	4.7M
Net Debt	(1.6M)	(28.6M)	(30.3M)	(923.3K)	(831.0K)	(872.5K)
Accounts Payable	372.8K	1.2M	2.2M	4.2M	4.9M	5.1M
Cash	1.6M	28.6M	30.7M	1.3M	26.0M	27.3M
Non Current Assets Total	48.4M	53.7M	66.8M	89.8M	110.6M	59.6M
Cash And Short Term Investments	1.8M	29.4M	47.9M	23.1M	20.8M	15.2M
Short Term Investments	160.5K	737.0K	17.2M	21.8M	6.1M	8.9M
Other Current Assets	281.5K	677.9K	860.5K	1.4M	1.3M	1.3M
Total Current Assets	2.1M	30.1M	48.7M	24.6M	33.3M	22.2M
Common Stock Total Equity	108.0M	111.9M	116.9M	150.9M	173.5M	123.8M
Common Stock	116.9M	150.9M	183.2M	183.5M	211.1M	138.0M
Net Tangible Assets	50.0M	82.6M	112.1M	109.7M	126.2M	69.8M
Property Plant Equipment	48.4M	53.7M	66.8M	89.8M	103.3M	52.4M
Capital Surpluse	33.9M	34.6M	35.5M	37.8M	43.5M	37.7M
Cash And Equivalents	1.6M	28.6M	30.7M	1.3M	1.5M	1.5M
Net Invested Capital	50.0M	82.6M	112.1M	109.7M	139.4M	91.9M
Net Working Capital	1.6M	28.9M	45.6M	20.1M	28.9M	20.9M
Capital Stock	116.9M	150.9M	183.2M	183.5M	216.3M	176.5M

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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:

How To Invest In Western

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Is Western Stock a good investment?

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What is Western Copper's Net Worth?

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.

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Western Roic vs Invested Capital Analysis

Roic vs Invested Capital

Roic vs Invested Capital Correlation Analysis

Correlation Coefficient

Roic

Invested Capital

Western Copper fundamental ratios Correlations

Western Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Copper fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Western Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Tangible Assets	+ 0.99	Common Stock
Common Stock Shares Outstanding	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Common Stock	+ 0.98	Common Stock Total Equity
Total Current Assets	+ 0.97	Cash And Short Term Investments

Other Assets	- 0.9	Retained Earnings
Non Current Liabilities Total	- 0.88	Other Assets
Net Receivables	- 0.83	Other Assets
Common Stock Shares Outstanding	- 0.79	Retained Earnings
Cash	- 0.75	Net Debt
Retained Earnings	- 0.73	Total Assets