Westinghouse Invested Capital vs Interest Expense Analysis
WAB Stock | USD 144.27 0.28 0.19% |
Westinghouse Air financial indicator trend analysis is more than just analyzing Westinghouse Air Brake current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westinghouse Air Brake is a good investment. Please check the relationship between Westinghouse Air Invested Capital and its Interest Expense accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Invested Capital vs Interest Expense
Invested Capital vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westinghouse Air Brake Invested Capital account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Westinghouse Air's Invested Capital and Interest Expense is -0.27. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Westinghouse Air Brake, assuming nothing else is changed. The correlation between historical values of Westinghouse Air's Invested Capital and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Westinghouse Air Brake are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Invested Capital i.e., Westinghouse Air's Invested Capital and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Westinghouse Air Brake. There are two different methods for calculating Westinghouse Air Brake invested capital: operating approach and financing approach. Understanding Westinghouse Air invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Westinghouse Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westinghouse Air Brake 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 Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, Westinghouse Air's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4 B, whereas Tax Provision is forecasted to decline to about 167.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.8B | 8.4B | 9.7B | 10.2B | Depreciation And Amortization | 325M | 449M | 529M | 555.5M |
Westinghouse Air fundamental ratios Correlations
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Westinghouse Air Account Relationship Matchups
Westinghouse Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.9B | 18.5B | 18.5B | 18.5B | 19.0B | 19.9B | |
Short Long Term Debt Total | 4.3B | 3.8B | 4.1B | 4.0B | 4.4B | 4.6B | |
Other Current Liab | 1.4B | 1.2B | 1.3B | 1.1B | 1.2B | 1.2B | |
Total Current Liabilities | 3.3B | 3.2B | 2.9B | 3.5B | 4.1B | 4.3B | |
Total Stockholder Equity | 10.0B | 10.1B | 10.2B | 10.1B | 10.5B | 11.0B | |
Property Plant And Equipment Net | 1.7B | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | |
Net Debt | 3.7B | 3.2B | 3.6B | 3.5B | 3.8B | 4.0B | |
Retained Earnings | 3.3B | 3.6B | 4.1B | 4.6B | 5.3B | 5.5B | |
Accounts Payable | 1.2B | 909.4M | 1.0B | 1.3B | 1.3B | 1.3B | |
Non Current Assets Total | 14.7B | 14.6B | 14.6B | 14.2B | 14.1B | 14.8B | |
Non Currrent Assets Other | 573.7M | 618.7M | 833M | 257M | 155M | 116.2M | |
Net Receivables | 1.7B | 1.4B | 1.5B | 1.5B | 1.7B | 1.8B | |
Common Stock Shares Outstanding | 177.3M | 190.4M | 188.1M | 182.8M | 179.5M | 113.7M | |
Liabilities And Stockholders Equity | 18.9B | 18.5B | 18.5B | 18.5B | 19.0B | 19.9B | |
Non Current Liabilities Total | 5.6B | 5.1B | 5.3B | 4.9B | 4.4B | 4.6B | |
Inventory | 1.8B | 1.6B | 1.7B | 2.0B | 2.3B | 2.4B | |
Other Current Assets | 150.9M | 226.5M | 193M | 233M | 267M | 280.4M | |
Other Stockholder Equity | 7.1B | 6.9B | 6.6B | 6.2B | 5.8B | 6.1B | |
Total Liab | 8.9B | 8.3B | 8.2B | 8.4B | 8.5B | 8.9B | |
Total Current Assets | 4.2B | 3.9B | 3.8B | 4.3B | 4.9B | 5.1B | |
Short Term Debt | 95.7M | 447.2M | 2M | 251M | 842M | 884.1M | |
Intangible Assets | 4.1B | 3.9B | 3.7B | 3.4B | 3.2B | 3.4B | |
Cash | 604.2M | 598.7M | 473M | 541M | 620M | 651M | |
Cash And Short Term Investments | 604.2M | 598.7M | 473M | 541M | 620M | 651M | |
Property Plant And Equipment Gross | 1.7B | 1.6B | 1.5B | 1.4B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | (382.6M) | (339.1M) | (466M) | (661M) | (590M) | (560.5M) | |
Other Liab | 1.1B | 1.3B | 1.2B | 855M | 983.3M | 1.0B | |
Other Assets | 631.7M | 620M | 833M | 850M | 977.5M | 1.0B | |
Long Term Debt | 4.3B | 3.8B | 4.1B | 3.8B | 3.3B | 3.5B | |
Good Will | 8.4B | 8.5B | 8.6B | 8.5B | 8.8B | 9.2B | |
Treasury Stock | (816.1M) | (807.1M) | (1.0B) | (1.3B) | (1.2B) | (1.1B) | |
Property Plant Equipment | 1.7B | 1.6B | 1.5B | 1.4B | 1.6B | 1.7B | |
Current Deferred Revenue | 604.2M | 642.7M | 629M | 772M | 804M | 844.2M | |
Net Tangible Assets | (2.5B) | (2.2B) | 10.2B | 10.1B | 11.6B | 12.2B | |
Noncontrolling Interest In Consolidated Entity | 37.1M | 30.4M | 38M | 45M | 51.8M | 81.1M | |
Retained Earnings Total Equity | 3.3B | 3.6B | 4.1B | 4.6B | 5.3B | 2.7B | |
Long Term Debt Total | 4.3B | 3.8B | 4.1B | 3.8B | 4.3B | 2.4B |
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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 Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air'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 Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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When running Westinghouse Air's price analysis, check to measure Westinghouse Air'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 Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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Is Westinghouse Air'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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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 0.379 | Dividend Share 0.68 | Earnings Share 4.52 | Revenue Per Share 54.122 | Quarterly Revenue Growth 0.095 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.