Western Total Liab vs Common Stock Shares Outstanding Analysis
WRN Stock | USD 1.48 0.03 1.99% |
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 Total Liab and its Common Stock Shares Outstanding 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.
Total Liab vs Common Stock Shares Outstanding
Total Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Copper Total Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Western Copper's Total Liab and Common Stock Shares Outstanding is 0.85. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Shares Outstanding 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 Total Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Western Copper and are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Liab i.e., Western Copper's Total Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 16th 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
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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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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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.