Westamerica Non Currrent Assets Other vs Cash Analysis
WABC Stock | USD 47.67 1.12 2.41% |
Westamerica Bancorporation financial indicator trend analysis is more than just analyzing Westamerica Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westamerica Bancorporation is a good investment. Please check the relationship between Westamerica Bancorporation Non Currrent Assets Other and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westamerica Bancorporation Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Westamerica Bancorporation's Non Currrent Assets Other and Cash is 0.25. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Westamerica Bancorporation, assuming nothing else is changed. The correlation between historical values of Westamerica Bancorporation's Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Westamerica Bancorporation are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Westamerica Bancorporation's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
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.Cash
Cash refers to the most liquid asset of Westamerica Bancorporation, which is listed under current asset account on Westamerica Bancorporation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Westamerica Bancorporation customers. The amounts must be unrestricted with restricted cash listed in a different Westamerica Bancorporation account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Westamerica Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westamerica Bancorporation 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 Westamerica Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.At present, Westamerica Bancorporation's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 214.8M | 265.0M | 327.5M | 210.8M | Total Revenue | 214.8M | 265.0M | 327.5M | 210.8M |
Westamerica Bancorporation fundamental ratios Correlations
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Westamerica Bancorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westamerica Bancorporation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 27.0M | 27.0M | 26.9M | 26.9M | 26.7M | 30.1M | |
Total Assets | 5.6B | 6.8B | 7.5B | 7.0B | 6.4B | 4.7B | |
Short Long Term Debt Total | 48.1M | 121.4M | 164.2M | 73.5M | 77.0M | 73.1M | |
Other Current Liab | 2.2B | 2.7B | 3.1B | 3.0B | 2.6B | 2.7B | |
Total Current Liabilities | 2.3B | 2.8B | 3.2B | 3.1B | 2.7B | 1.7B | |
Total Stockholder Equity | 731.4M | 844.8M | 827.1M | 602.1M | 772.9M | 467.4M | |
Property Plant And Equipment Net | 51.7M | 51.6M | 49.1M | 44.6M | 45.8M | 39.1M | |
Net Debt | (325.4M) | (499.9M) | (967.9M) | (220.7M) | (113.3M) | (107.7M) | |
Retained Earnings | 239.1M | 264.4M | 306.4M | 383.1M | 490.0M | 514.5M | |
Cash | 373.4M | 621.3M | 1.1B | 294.2M | 190.3M | 334.3M | |
Non Current Assets Total | 5.2B | 6.1B | 6.3B | 6.6B | 6.1B | 6.4B | |
Non Currrent Assets Other | 5.0B | 5.9B | 6.1B | 6.3B | 5.8B | 6.1B | |
Other Assets | (1.8B) | (2.7B) | (3.4B) | 2.2B | 1.0 | 0.95 | |
Cash And Short Term Investments | 3.5B | 4.7B | 5.8B | 4.6B | 190.3M | 180.8M | |
Net Receivables | 28.8M | 33.0M | 35.5M | 53.6M | 54.6M | 64.5M | |
Liabilities And Stockholders Equity | 5.6B | 6.8B | 7.5B | 7.0B | 6.4B | 4.7B | |
Non Current Liabilities Total | 2.6B | 3.1B | 3.4B | 3.2B | 2.9B | 3.1B | |
Other Stockholder Equity | (438.6M) | (351.6M) | (421.3M) | (731.2M) | (658.0M) | (625.1M) | |
Total Liab | 4.9B | 5.9B | 6.7B | 6.3B | 5.6B | 4.3B | |
Property Plant And Equipment Gross | 51.7M | 51.6M | 106.7M | 104.7M | 107.7M | 113.0M | |
Total Current Assets | 406.0M | 658.9M | 1.2B | 352.7M | 250.1M | 237.6M | |
Short Term Debt | 37.0M | 108.2M | 153.1M | 63.6M | 64.2M | 61.0M | |
Accumulated Other Comprehensive Income | 465.5M | 466.0M | 471.0M | 475.1M | (190.2M) | (180.7M) | |
Short Term Investments | 3.1B | 4.1B | 4.6B | 4.3B | 4.0B | 4.2B | |
Common Stock | 465.5M | 466.0M | 471.0M | 475.1M | 473.1M | 384.7M | |
Common Stock Total Equity | 465.5M | 466.0M | 471.0M | 475.1M | 546.3M | 385.6M | |
Other Liab | 27.5M | 112.6M | 73.7M | 49.4M | 56.8M | 57.8M | |
Accounts Payable | 4.8B | 5.7B | 6.4B | 6.2B | 7.2B | 4.7B | |
Inventory | (3.5B) | (4.7B) | (5.8B) | (4.7B) | (244.9M) | (257.1M) | |
Intangible Assets | 123.1M | 122.8M | 122.5M | 122.3M | 347K | 329.7K | |
Property Plant Equipment | 34.6M | 32.8M | 31.2M | 28.8M | 25.9M | 28.1M | |
Other Current Assets | 406.0M | 658.9M | 1.2B | 352.7M | 250.1M | 237.6M | |
Net Tangible Assets | 608.4M | 722.0M | 704.6M | 479.9M | 551.8M | 533.9M | |
Retained Earnings Total Equity | 239.1M | 264.4M | 306.4M | 383.1M | 440.6M | 227.3M | |
Long Term Investments | 3.8B | 4.1B | 4.9B | 5.2B | 4.9B | 3.5B | |
Non Current Liabilities Other | 44.6M | 112.6M | 73.7M | 65.1M | 74.9M | 64.2M | |
Short Long Term Debt | 30.9M | 102.5M | 146.2M | 57.8M | 66.5M | 70.8M |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.Note that the Westamerica Bancorporation information on this page should be used as a complementary analysis to other Westamerica Bancorporation'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Westamerica Bancorporation's price analysis, check to measure Westamerica Bancorporation'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 Westamerica Bancorporation is operating at the current time. Most of Westamerica Bancorporation's value examination focuses on studying past and present price action to predict the probability of Westamerica Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westamerica Bancorporation's price. Additionally, you may evaluate how the addition of Westamerica Bancorporation to your portfolios can decrease your overall portfolio volatility.
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Is Westamerica Bancorporation'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 Westamerica Bancorporation. If investors know Westamerica 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 Westamerica Bancorporation 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 (0.09) | Dividend Share 1.74 | Earnings Share 5.92 | Revenue Per Share 11.96 | Quarterly Revenue Growth (0.07) |
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation'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 Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation'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 Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation'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.