Western Net Invested Capital vs Short Term Investments Analysis
WRN Stock | USD 1.41 0.02 1.40% |
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 Net Invested Capital and its Short Term Investments 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.
Net Invested Capital vs Short Term Investments
Net Invested Capital vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Copper Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Western Copper's Net Invested Capital and Short Term Investments is 0.11. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments 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 Net Invested Capital and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Western Copper and are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Western Copper's Net Invested Capital and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Short Term Investments
Short Term Investments is an item under the current assets section of Western Copper balance sheet. It contains any investments Western Copper and undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Western Copper can easily liquidate in the marketplace.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. At this time, Western Copper's Selling General Administrative is very stable compared to the past year. As of the 25th of May 2024, Enterprise Value is likely to grow to about 268.3 M, while Issuance Of Capital Stock is likely to drop about 22.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 208.0K | 584.5K | 1.2M | 1.2M | Interest Income | 208.0K | 584.5K | 1.2M | 1.2M |
Western Copper fundamental ratios Correlations
Click cells to compare fundamentals
Western Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 332.2K | 315.6K | |
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 | 159.8M | 103.7M | |
Liabilities And Stockholders Equity | 50.5M | 83.8M | 115.5M | 114.4M | 143.9M | 74.1M | |
Other Stockholder Equity | 33.9M | 34.6M | 35.5M | 37.8M | 38.1M | 42.6M | |
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 | |
Other Current Liab | 462.2K | 1.2M | 3.0M | 4.2M | 4.3M | 4.5M | |
Total Current Liabilities | 462.6K | 1.2M | 3.2M | 4.5M | 4.5M | 4.7M | |
Net Tangible Assets | 50.0M | 82.6M | 112.1M | 109.7M | 126.2M | 132.5M | |
Net Debt | (1.6M) | (28.6M) | (30.3M) | (923.3K) | (25.8M) | (24.5M) | |
Accounts Payable | 372.79 | 1.2K | 2.2K | 4.2K | 4.3K | 4.1K | |
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 | 32.1M | 21.7M | |
Common Stock Total Equity | 108.0M | 111.9M | 116.9M | 150.9M | 173.5M | 110.4M | |
Short Term Investments | 160.5K | 737.0K | 17.2M | 21.8M | 6.1M | 7.9M | |
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 | 116.9M | 150.9M | 183.2M | 183.5M | 216.3M | 125.9M | |
Property Plant Equipment | 48.4M | 53.7M | 66.8M | 89.8M | 103.3M | 53.6M | |
Capital Surpluse | 33.5M | 33.9M | 34.6M | 35.5M | 40.8M | 35.8M | |
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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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.