Western Other Current Assets from 2010 to 2024
WAL Stock | USD 58.57 2.02 3.33% |
Other Current Assets | First Reported 2005-03-31 | Previous Quarter 1.6 B | Current Value 3.9 B | Quarterly Volatility 6.2 B |
Check Western Alliance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Alliance's main balance sheet or income statement drivers, such as Interest Expense of 581.5 M, Total Revenue of 4.6 B or Gross Profit of 4.6 B, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0253 or PTB Ratio of 1.11. Western financial statements analysis is a perfect complement when working with Western Alliance Valuation or Volatility modules.
Western | Other Current Assets |
Latest Western Alliance's Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of Western Alliance Bancorporation over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Western Alliance's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Alliance's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets | 10 Years Trend |
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Other Current Assets |
Timeline |
Western Other Current Assets Regression Statistics
Arithmetic Mean | 5,195,555,400 | |
Coefficient Of Variation | 93.45 | |
Mean Deviation | 3,946,074,613 | |
Median | 5,031,590,000 | |
Standard Deviation | 4,855,303,467 | |
Sample Variance | 23573971.8T | |
Range | 15.7B | |
R-Value | (0.31) | |
Mean Square Error | 22987583.9T | |
R-Squared | 0.09 | |
Significance | 0.26 | |
Slope | (333,793,207) | |
Total Sum of Squares | 330035604.5T |
Western Other Current Assets History
About Western Alliance Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Western Alliance income statement, its balance sheet, and the statement of cash flows. Western Alliance investors use historical funamental indicators, such as Western Alliance's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Western Alliance investors may use each financial statement separately, they are all related. The changes in Western Alliance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Western Alliance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Western Alliance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Western Alliance. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Other Current Assets | 1.6 B | 1.5 B |
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Additional Information and Resources on Investing in Western Stock
When determining whether Western Alliance Ban is a strong investment it is important to analyze Western Alliance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Alliance's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:Check out the analysis of Western Alliance Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space 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 Alliance. 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 Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.25 | Dividend Share 1.46 | Earnings Share 6.86 | Revenue Per Share 25.259 | Quarterly Revenue Growth 0.34 |
The market value of Western Alliance Ban 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 Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance'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 Alliance's market value can be influenced by many factors that don't directly affect Western Alliance'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 Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.