Western Other Assets vs Retained Earnings Analysis
| IGI Stock | USD 16.61 0.05 0.30% |
Western Asset financial indicator trend analysis is more than just analyzing Western Asset Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Asset Investment is a good investment. Please check the relationship between Western Asset Other Assets and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Other Assets vs Retained Earnings
Other Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Asset Investment Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Western Asset's Other Assets and Retained Earnings is -0.7. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Western Asset Investment, assuming nothing else is changed. The correlation between historical values of Western Asset's Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Western Asset Investment are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Western Asset's Other Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Assets
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Western Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Asset Investment 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. The Western Asset's current Enterprise Value is estimated to increase to about 233.6 M, while Selling General Administrative is projected to decrease to under 194.7 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 10.0M | 10.0M | 10.3M | 8.6M | Net Interest Income | 10.0M | 10.0M | 10.3M | 8.6M |
Western Asset fundamental ratios Correlations
Click cells to compare fundamentals
Western Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Asset fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 10.8M | 10.8M | 10.8M | 10.8M | 12.5M | 11.9M | |
| Total Assets | 231.6M | 240.4M | 234.6M | 188.7M | 186.2M | 174.1M | |
| Other Current Liab | (2.5M) | (721.0K) | (1.4M) | (1.6M) | (743.1K) | (780.2K) | |
| Total Current Liabilities | 2.5M | 721.0K | 1.4M | 1.6M | 743.1K | 705.9K | |
| Total Stockholder Equity | 228.9M | 239.5M | 232.8M | 186.9M | 185.2M | 172.4M | |
| Retained Earnings | 22.5M | 33.0M | 26.3M | (19.7M) | (21.4M) | (20.4M) | |
| Accounts Payable | 2.5M | 721.0K | 1.4M | 1.6M | 743.1K | 705.9K | |
| Non Current Assets Total | 228.5M | 237.4M | 231.8M | 185.6M | 183.1M | 171.4M | |
| Non Currrent Assets Other | (228.5M) | (237.4M) | (231.8M) | (185.6M) | (183.1M) | (192.2M) | |
| Other Assets | 285.4K | 366.3K | 309.1K | 696.2K | 465.3K | 478.3K | |
| Net Receivables | 2.8M | 2.6M | 2.5M | 2.5M | 2.5M | 2.3M | |
| Liabilities And Stockholders Equity | 231.6M | 240.4M | 234.6M | 188.7M | 186.2M | 174.1M | |
| Other Stockholder Equity | 206.3M | 206.5M | 206.6M | 206.6M | 185.9M | 167.5M | |
| Total Liab | 2.5M | 721.0K | 1.4M | 1.8M | 743.1K | 705.9K | |
| Long Term Investments | 228.5M | 237.4M | 231.8M | 185.6M | 183.1M | 171.4M | |
| Total Current Assets | 2.8M | 2.6M | 2.5M | 2.5M | 2.6M | 2.3M | |
| Common Stock | 10.8K | 10.8K | 10.8K | 10.8K | 12.5K | 11.9K | |
| Capital Stock | 10.8K | 10.8K | 10.8K | 10.8K | 12.5K | 11.9K |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Western Asset Investment information on this page should be used as a complementary analysis to other Western Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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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When running Western Asset's price analysis, check to measure Western Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Asset is operating at the current time. Most of Western Asset's value examination focuses on studying past and present price action to predict the probability of Western Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Asset's price. Additionally, you may evaluate how the addition of Western Asset to your portfolios can decrease your overall portfolio volatility.
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Is Western Asset'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 Asset. 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 Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) |
The market value of Western Asset Investment 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 Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset'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 Asset's market value can be influenced by many factors that don't directly affect Western Asset'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 Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset'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.