Western Gross Profit vs Total Other Income Expense Net Analysis

WRN Stock  USD 1.48  0.08  5.13%   
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 Gross Profit and its Total Other Income Expense Net 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 metropolitan statistical area.

Gross Profit vs Total Other Income Expense Net

Gross Profit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Copper Gross Profit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Western Copper's Gross Profit and Total Other Income Expense Net is 0.1. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net 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 Gross Profit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Western Copper and are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Western Copper's Gross Profit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Western Copper and minus its cost of goods sold. It is profit before Western Copper operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Other Income Expense Net

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 metropolitan statistical area.
As of the 2nd of May 2024, Enterprise Value is likely to grow to about 268.3 M, while Selling General Administrative is likely to drop 1,868.
 2021 2022 2023 2024 (projected)
Net Interest Income208.0K584.5K1.2M1.2M
Interest Income208.0K584.5K1.2M1.2M

Western Copper fundamental ratios Correlations

0.880.27-0.730.83-0.230.980.070.90.810.830.80.83-0.53-0.580.530.830.420.96-0.11-0.460.830.440.990.840.7
0.880.03-0.720.92-0.240.820.080.890.950.940.910.93-0.59-0.630.610.750.360.78-0.12-0.430.920.380.840.740.71
0.270.03-0.370.12-0.120.410.070.140.030.0-0.030.150.23-0.28-0.240.12-0.130.370.01-0.340.08-0.120.310.210.2
-0.73-0.72-0.37-0.570.25-0.8-0.02-0.56-0.71-0.57-0.48-0.690.310.46-0.32-0.410.16-0.750.610.9-0.560.15-0.72-0.45-0.68
0.830.920.12-0.57-0.250.76-0.010.810.870.830.840.92-0.6-0.730.620.790.490.790.01-0.210.850.50.820.790.73
-0.23-0.24-0.120.25-0.25-0.25-0.09-0.16-0.25-0.16-0.15-0.240.120.14-0.13-0.210.01-0.250.160.16-0.190.0-0.24-0.34-0.43
0.980.820.41-0.80.76-0.250.030.850.770.760.720.8-0.41-0.590.410.790.280.96-0.17-0.550.760.290.980.820.73
0.070.080.07-0.02-0.01-0.090.030.080.10.090.07-0.170.070.19-0.060.03-0.110.0-0.06-0.170.12-0.110.00.04-0.24
0.90.890.14-0.560.81-0.160.850.080.830.970.960.8-0.47-0.450.490.80.50.750.15-0.290.940.520.860.780.53
0.810.950.03-0.710.87-0.250.770.10.830.890.870.92-0.36-0.710.390.810.140.72-0.13-0.40.870.160.790.80.78
0.830.940.0-0.570.83-0.160.760.090.970.890.990.83-0.5-0.460.530.740.440.660.09-0.30.960.450.770.710.53
0.80.91-0.03-0.480.84-0.150.720.070.960.870.990.82-0.49-0.470.510.760.50.620.19-0.180.960.510.750.730.51
0.830.930.15-0.690.92-0.240.8-0.170.80.920.830.82-0.43-0.790.460.780.310.78-0.03-0.340.840.320.830.780.83
-0.53-0.590.230.31-0.60.12-0.410.07-0.47-0.36-0.5-0.49-0.430.16-1.0-0.23-0.72-0.490.240.18-0.46-0.72-0.49-0.22-0.23
-0.58-0.63-0.280.46-0.730.14-0.590.19-0.45-0.71-0.46-0.47-0.790.16-0.18-0.74-0.1-0.630.00.09-0.5-0.11-0.64-0.75-0.85
0.530.61-0.24-0.320.62-0.130.41-0.060.490.390.530.510.46-1.0-0.180.240.710.49-0.24-0.180.480.710.490.220.25
0.830.750.12-0.410.79-0.210.790.030.80.810.740.760.78-0.23-0.740.240.330.780.18-0.030.750.340.850.990.75
0.420.36-0.130.160.490.010.28-0.110.50.140.440.50.31-0.72-0.10.710.330.330.470.350.441.00.390.30.0
0.960.780.37-0.750.79-0.250.960.00.750.720.660.620.78-0.49-0.630.490.780.33-0.23-0.490.690.340.980.810.74
-0.11-0.120.010.610.010.16-0.17-0.060.15-0.130.090.19-0.030.240.0-0.240.180.47-0.230.740.130.48-0.110.14-0.26
-0.46-0.43-0.340.9-0.210.16-0.55-0.17-0.29-0.4-0.3-0.18-0.340.180.09-0.18-0.030.35-0.490.74-0.290.34-0.43-0.08-0.35
0.830.920.08-0.560.85-0.190.760.120.940.870.960.960.84-0.46-0.50.480.750.440.690.13-0.290.450.780.730.5
0.440.38-0.120.150.50.00.29-0.110.520.160.450.510.32-0.72-0.110.710.341.00.340.480.340.450.410.310.01
0.990.840.31-0.720.82-0.240.980.00.860.790.770.750.83-0.49-0.640.490.850.390.98-0.11-0.430.780.410.870.75
0.840.740.21-0.450.79-0.340.820.040.780.80.710.730.78-0.22-0.750.220.990.30.810.14-0.080.730.310.870.79
0.70.710.2-0.680.73-0.430.73-0.240.530.780.530.510.83-0.23-0.850.250.750.00.74-0.26-0.350.50.010.750.79
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 Net48.4M53.7M66.8M89.8M332.2K315.6K
Retained Earnings(100.9M)(102.9M)(106.6M)(111.6M)(114.9M)(109.2M)
Common Stock Shares Outstanding104.2M114.9M144.3M151.5M159.8M103.7M
Liabilities And Stockholders Equity50.5M83.8M115.5M114.4M143.9M74.1M
Other Stockholder Equity33.9M34.6M35.5M37.8M38.1M42.6M
Total Liab462.6K1.2M3.4M4.6M4.5M3.3M
Property Plant And Equipment Gross48.4M53.7M66.8M89.8M110.6M116.1M
Other Current Liab462.2K1.2M3.0M4.2M4.3M4.5M
Total Current Liabilities462.6K1.2M3.2M4.5M4.5M4.7M
Net Tangible Assets50.0M82.6M112.1M109.7M126.2M132.5M
Net Debt(1.6M)(28.6M)(30.3M)(923.3K)(25.8M)(24.5M)
Accounts Payable372.791.2K2.2K4.2K4.3K4.1K
Cash1.6M28.6M30.7M1.3M26.0M27.3M
Non Current Assets Total48.4M53.7M66.8M89.8M110.6M59.6M
Cash And Short Term Investments1.8M29.4M47.9M23.1M32.1M21.7M
Common Stock Total Equity108.0M111.9M116.9M150.9M173.5M110.4M
Short Term Investments160.5K737.0K17.2M21.8M6.1M7.9M
Other Current Assets281.5K677.9K860.5K1.4M1.3M1.3M
Total Current Assets2.1M30.1M48.7M24.6M33.3M22.2M
Common Stock116.9M150.9M183.2M183.5M216.3M125.9M
Property Plant Equipment48.4M53.7M66.8M89.8M103.3M53.6M
Capital Surpluse33.5M33.9M34.6M35.5M40.8M35.8M
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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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 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 metropolitan statistical area.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Western Copper'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 Copper. 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 Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Return On Assets
(0.02)
Return On Equity
(0.03)
The market value of Western Copper 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 Copper's value that differs from its market value or its book value, called intrinsic value, which is Western Copper'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 Copper's market value can be influenced by many factors that don't directly affect Western Copper'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 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.