WEC Non Currrent Assets Other from 2010 to 2024

WEC Stock  USD 78.86  0.32  0.41%   
WEC Energy's Non Currrent Assets Other are decreasing over the years with slightly volatile fluctuation. Overall, Non Currrent Assets Other are projected to go to about -394 M this year. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
1994-03-31
Previous Quarter
-414.7 M
Current Value
-641 M
Quarterly Volatility
1.1 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WEC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WEC Energy's main balance sheet or income statement drivers, such as Total Revenue of 9.3 B, Gross Profit of 2.5 B or Operating Income of 1.2 B, as well as many indicators such as Price To Sales Ratio of 3.13, Dividend Yield of 0.0388 or PTB Ratio of 1.54. WEC financial statements analysis is a perfect complement when working with WEC Energy Valuation or Volatility modules.
  
Check out the analysis of WEC Energy Correlation against competitors.

Latest WEC Energy's Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of WEC Energy Group over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. WEC Energy's Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WEC Energy's overall financial position and show how it may be relating to other accounts over time.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

WEC Non Currrent Assets Other Regression Statistics

Arithmetic Mean378,482,333
Coefficient Of Variation238.56
Mean Deviation731,594,533
Median896,500,000
Standard Deviation902,907,399
Sample Variance815241.8T
Range2.8B
R-Value(0.38)
Mean Square Error752686.2T
R-Squared0.14
Significance0.17
Slope(76,262,339)
Total Sum of Squares11413384.8T

WEC Non Currrent Assets Other History

2024-394 M
2023-414.7 M
2022-17 M
2021361.1 M
2020896.5 M
2019957.8 M
20181.1 B

About WEC Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include WEC Energy income statement, its balance sheet, and the statement of cash flows. WEC Energy investors use historical funamental indicators, such as WEC Energy's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although WEC Energy investors may use each financial statement separately, they are all related. The changes in WEC Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WEC Energy'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 WEC Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in WEC Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Currrent Assets Other-414.7 M-394 M

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Additional Information and Resources on Investing in WEC Stock

When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy'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 Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:
Check out the analysis of WEC Energy Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Multi-Utilities 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 WEC Energy. If investors know WEC 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 WEC Energy 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
0.224
Dividend Share
3.175
Earnings Share
4.58
Revenue Per Share
27.532
Quarterly Revenue Growth
(0.07)
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy'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 WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy'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 WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy'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.