Western Retained Earnings vs Non Currrent Assets Other Analysis
WAL Stock | USD 58.57 2.02 3.33% |
Western Alliance financial indicator trend analysis is more than just analyzing Western Alliance Ban current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Alliance Ban is a good investment. Please check the relationship between Western Alliance Retained Earnings and its Non Currrent Assets Other accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Retained Earnings vs Non Currrent Assets Other
Retained Earnings vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Alliance Ban Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Western Alliance's Retained Earnings and Non Currrent Assets Other is -0.08. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Western Alliance Bancorporation, assuming nothing else is changed. The correlation between historical values of Western Alliance's Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Western Alliance Bancorporation are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Western Alliance's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.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.Most indicators from Western Alliance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Alliance Ban 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 Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Western Alliance's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 168.16 this year, although the value of Tax Provision will most likely fall to about 157.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.8B | 2.3B | 4.3B | 4.6B | Interest Expense | 109.9M | 475.5M | 553.8M | 581.5M |
Western Alliance fundamental ratios Correlations
Click cells to compare fundamentals
Western Alliance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Alliance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 103.1M | 100.5M | 103.3M | 107.6M | 108.5M | 72.2M | |
Total Assets | 26.8B | 36.5B | 56.0B | 67.7B | 70.9B | 74.4B | |
Total Stockholder Equity | 3.0B | 3.4B | 5.0B | 5.4B | 6.1B | 6.4B | |
Net Debt | 37.1M | (2.0B) | 2.0B | 6.3B | 6.7B | 7.1B | |
Cash | 434.6M | 2.7B | 516.4M | 1.0B | 1.6B | 1.7B | |
Other Assets | 18.5B | 23.1B | 40.1B | 59.0B | 67.8B | 71.2B | |
Cash And Short Term Investments | 3.8B | 7.4B | 6.7B | 8.1B | (1.6B) | (1.5B) | |
Liabilities And Stockholders Equity | 26.8B | 36.5B | 56.0B | 67.7B | 70.9B | 74.4B | |
Other Stockholder Equity | 1.3B | (71.1M) | (381.3M) | 190M | 218.5M | 207.6M | |
Total Liab | 23.8B | 33.0B | 51.0B | 62.4B | 64.8B | 68.0B | |
Total Current Assets | 3.8B | 7.4B | 6.7B | 7.4B | 1.6B | 1.5B | |
Short Long Term Debt Total | 471.7M | 633.6M | 2.5B | 7.4B | 8.3B | 8.7B | |
Total Current Liabilities | 520.3M | 472.4M | 919.4M | 3.6B | 30.4B | 32.0B | |
Other Liab | 464.8M | 37M | 37.6M | 1.3B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 198.4M | 206.6M | 314.9M | 439M | 484M | 508.2M | |
Retained Earnings | 1.7B | 2.0B | 2.8B | 3.7B | 4.2B | 4.4B | |
Accounts Payable | 520.3M | 467.4M | 867.5M | 1.4B | 1.6B | 1.6B | |
Non Current Assets Total | 4.5B | 6.0B | 9.2B | 1.4B | 69.3B | 72.7B | |
Non Currrent Assets Other | (18.0M) | (31.3M) | (20.9M) | (9.9B) | 2.6B | 2.8B | |
Long Term Debt | 393.6M | 5M | 2.4B | 7.2B | 1.3B | 770.9M | |
Short Term Investments | 3.3B | 4.7B | 6.2B | 7.1B | 4.1B | 2.2B | |
Non Current Liabilities Total | 471.7M | 633.6M | 2.5B | 58.8B | 34.3B | 36.1B | |
Other Current Assets | 450.0M | 2.7B | 826.8M | (784M) | 1.6B | 1.5B | |
Property Plant And Equipment Gross | 198.4M | 206.6M | 314.9M | 439M | 690M | 724.5M | |
Accumulated Other Comprehensive Income | 25M | 92.3M | 15.7M | (661M) | (513M) | (487.4M) | |
Short Term Debt | 29.0M | 5M | 51.9M | 52M | 6.6B | 6.9B | |
Intangible Assets | 7.7M | 8.6M | 698M | 1.1B | 669M | 702.5M | |
Common Stock | 1.3B | 1.3B | 1.9B | 2.1B | 2.1B | 2.2B | |
Property Plant Equipment | 125.8M | 134.1M | 314.9M | 439M | 504.9M | 530.1M | |
Good Will | 297.6M | 298.5M | 634.8M | 680M | 527M | 553.4M | |
Inventory | 13.9M | 1.4M | 11.7M | 11M | 9.9M | 9.4M | |
Other Current Liab | (520.3M) | (472.4M) | (919.4M) | 2.2B | 23.8B | 25.0B | |
Retained Earnings Total Equity | 1.7B | 2.0B | 2.8B | 3.7B | 4.2B | 4.4B | |
Treasury Stock | (62.7M) | (71.1M) | (86.8M) | (105M) | (94.5M) | (89.8M) | |
Net Tangible Assets | 2.7B | 3.1B | 4.0B | 4.4B | 5.0B | 5.3B | |
Long Term Debt Total | 393.6M | 5M | 2.4B | 7.2B | 8.3B | 8.7B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Western Alliance Ban using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.