Western Current Deferred Revenue vs Good Will Analysis

WES Stock

USD 35.87 0.01 0.03%

Western Midstream financial indicator trend analysis is more than just analyzing Western Midstream current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Midstream is a good investment. Please check the relationship between Western Midstream Current Deferred Revenue and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Current Deferred Revenue vs Good Will

Current Deferred Revenue vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Midstream Current Deferred Revenue account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Western Midstream's Current Deferred Revenue and Good Will is -0.23. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Good Will in the same time period over historical financial statements of Western Midstream Partners, assuming nothing else is changed. The correlation between historical values of Western Midstream's Current Deferred Revenue and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Western Midstream Partners are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Current Deferred Revenue i.e., Western Midstream's Current Deferred Revenue and Good Will go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Western Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Midstream 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 Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Western Midstream's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	2.2B	1.6B	1.0B
Total Revenue	2.9B	3.3B	3.1B	1.7B

Gross Profit Total Revenue

Western Midstream fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Good Will	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Common Stock Shares Outstanding	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total
Total Assets		0.68	0.71	0.34	0.78	0.77	0.27	0.46	0.11	0.11	0.87	0.79	0.89	0.91	0.99	0.88	1.0	0.58	0.97	0.24	0.72	0.97	0.45	-0.17	0.64	0.97
Other Current Liab	0.68		0.88	0.2	0.79	0.67	0.57	0.31	-0.46	0.49	0.83	0.29	0.82	0.74	0.73	0.79	0.67	0.31	0.71	0.57	0.9	0.72	-0.08	-0.35	0.94	0.74
Total Current Liabilities	0.71	0.88		0.15	0.86	0.82	0.32	0.27	-0.44	0.66	0.91	0.4	0.9	0.71	0.78	0.89	0.72	0.28	0.75	0.32	0.97	0.76	-0.03	-0.3	0.9	0.79
Total Stockholder Equity	0.34	0.2	0.15		-0.04	0.03	0.19	0.07	0.14	-0.1	0.2	0.43	0.27	0.46	0.31	0.22	0.33	0.26	0.26	0.18	0.22	0.24	0.25	0.31	0.23	0.26
Other Liab	0.78	0.79	0.86	-0.04		0.83	0.15	0.26	-0.14	0.46	0.91	0.55	0.9	0.7	0.81	0.91	0.8	0.32	0.81	0.14	0.88	0.82	0.16	-0.3	0.75	0.84
Accounts Payable	0.77	0.67	0.82	0.03	0.83		0.05	0.21	-0.04	0.36	0.86	0.54	0.87	0.64	0.81	0.86	0.8	0.26	0.78	0.04	0.79	0.78	0.35	-0.19	0.64	0.8
Cash	0.27	0.57	0.32	0.19	0.15	0.05		0.46	-0.38	0.24	0.27	0.01	0.24	0.38	0.27	0.21	0.21	0.17	0.27	1.0	0.33	0.28	-0.31	-0.17	0.65	0.27
Other Assets	0.46	0.31	0.27	0.07	0.26	0.21	0.46		-0.02	0.11	0.41	0.35	0.37	0.47	0.45	0.4	0.45	0.58	0.51	0.46	0.24	0.49	0.09	-0.19	0.36	0.48
Good Will	0.11	-0.46	-0.44	0.14	-0.14	-0.04	-0.38	-0.02		-0.58	-0.18	0.52	-0.09	-0.12	0.0	-0.12	0.12	0.05	-0.03	-0.41	-0.4	-0.05	0.65	0.64	-0.48	-0.06
Other Current Assets	0.11	0.49	0.66	-0.1	0.46	0.36	0.24	0.11	-0.58		0.47	-0.11	0.43	0.13	0.2	0.46	0.13	-0.2	0.2	0.27	0.66	0.22	-0.34	-0.16	0.66	0.27
Total Liab	0.87	0.83	0.91	0.2	0.91	0.86	0.27	0.41	-0.18	0.47		0.58	0.99	0.84	0.91	1.0	0.89	0.51	0.92	0.26	0.92	0.92	0.31	-0.35	0.83	0.94
Intangible Assets	0.79	0.29	0.4	0.43	0.55	0.54	0.01	0.35	0.52	-0.11	0.58		0.64	0.59	0.72	0.61	0.8	0.37	0.68	-0.03	0.44	0.67	0.46	0.25	0.32	0.66
Property Plant Equipment	0.89	0.82	0.9	0.27	0.9	0.87	0.24	0.37	-0.09	0.43	0.99	0.64		0.84	0.92	0.99	0.91	0.46	0.9	0.23	0.91	0.9	0.34	-0.21	0.81	0.92
Common Stock Shares Outstanding	0.91	0.74	0.71	0.46	0.7	0.64	0.38	0.47	-0.12	0.13	0.84	0.59	0.84		0.93	0.84	0.9	0.69	0.93	0.36	0.71	0.92	0.34	-0.32	0.69	0.92
Property Plant And Equipment Net	0.99	0.73	0.78	0.31	0.81	0.81	0.27	0.45	0.0	0.2	0.91	0.72	0.92	0.93		0.91	0.99	0.58	0.99	0.24	0.78	0.99	0.41	-0.25	0.69	0.99
Net Debt	0.88	0.79	0.89	0.22	0.91	0.86	0.21	0.4	-0.12	0.46	1.0	0.61	0.99	0.84	0.91		0.9	0.51	0.92	0.2	0.9	0.92	0.37	-0.31	0.79	0.94
Non Current Assets Total	1.0	0.67	0.72	0.33	0.8	0.8	0.21	0.45	0.12	0.13	0.89	0.8	0.91	0.9	0.99	0.9		0.59	0.97	0.18	0.73	0.97	0.48	-0.17	0.63	0.97
Non Currrent Assets Other	0.58	0.31	0.28	0.26	0.32	0.26	0.17	0.58	0.05	-0.2	0.51	0.37	0.46	0.69	0.58	0.51	0.59		0.66	0.15	0.21	0.64	0.51	-0.43	0.21	0.61
Long Term Debt	0.97	0.71	0.75	0.26	0.81	0.78	0.27	0.51	-0.03	0.2	0.92	0.68	0.9	0.93	0.99	0.92	0.97	0.66		0.25	0.75	1.0	0.45	-0.35	0.68	1.0
Cash And Short Term Investments	0.24	0.57	0.32	0.18	0.14	0.04	1.0	0.46	-0.41	0.27	0.26	-0.03	0.23	0.36	0.24	0.2	0.18	0.15	0.25		0.33	0.26	-0.34	-0.19	0.65	0.25
Net Receivables	0.72	0.9	0.97	0.22	0.88	0.79	0.33	0.24	-0.4	0.66	0.92	0.44	0.91	0.71	0.78	0.9	0.73	0.21	0.75	0.33		0.76	-0.01	-0.29	0.93	0.79
Non Current Liabilities Total	0.97	0.72	0.76	0.24	0.82	0.78	0.28	0.49	-0.05	0.22	0.92	0.67	0.9	0.92	0.99	0.92	0.97	0.64	1.0	0.26	0.76		0.42	-0.37	0.69	1.0
Inventory	0.45	-0.08	-0.03	0.25	0.16	0.35	-0.31	0.09	0.65	-0.34	0.31	0.46	0.34	0.34	0.41	0.37	0.48	0.51	0.45	-0.34	-0.01	0.42		0.05	-0.14	0.42
Other Stockholder Equity	-0.17	-0.35	-0.3	0.31	-0.3	-0.19	-0.17	-0.19	0.64	-0.16	-0.35	0.25	-0.21	-0.32	-0.25	-0.31	-0.17	-0.43	-0.35	-0.19	-0.29	-0.37	0.05		-0.3	-0.35
Total Current Assets	0.64	0.94	0.9	0.23	0.75	0.64	0.65	0.36	-0.48	0.66	0.83	0.32	0.81	0.69	0.69	0.79	0.63	0.21	0.68	0.65	0.93	0.69	-0.14	-0.3		0.71
Short Long Term Debt Total	0.97	0.74	0.79	0.26	0.84	0.8	0.27	0.48	-0.06	0.27	0.94	0.66	0.92	0.92	0.99	0.94	0.97	0.61	1.0	0.25	0.79	1.0	0.42	-0.35	0.71

Click cells to compare fundamentals

Western Midstream Account Relationship Matchups

Western Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.3B	11.8B	11.3B	11.3B	12.5B	6.9B
Other Current Liab	165.3M	279.9M	280.4M	306.6M	295.7M	310.5M
Total Current Liabilities	486.0M	960.9M	1.1B	903.9M	1.3B	1.4B
Total Stockholder Equity	3.3B	2.9B	3.1B	3.1B	2.9B	1.9B
Other Liab	560.6M	558.0M	601.1M	656.8M	755.3M	793.0M
Accounts Payable	293.1M	210.7M	326.1M	360.6M	362.5M	380.6M
Cash	100.0M	444.9M	202.0M	286.7M	272.8M	187.6M
Other Assets	334.2M	1.4B	87.0M	80.8M	92.9M	88.3M
Other Current Assets	93K	17.9M	1.9M	6.4M	35.8M	37.6M
Total Liab	9.0B	8.9B	8.2B	8.2B	9.4B	9.9B
Intangible Assets	809.4M	776.4M	744.7M	713.1M	681.4M	494.9M
Property Plant Equipment	9.1B	8.7B	8.5B	8.5B	9.8B	10.3B
Common Stock Shares Outstanding	415.8M	435.6M	411.3M	396.2M	384.4M	248.2M
Property Plant And Equipment Net	9.1B	8.7B	8.5B	8.5B	9.7B	5.6B
Net Debt	7.9B	7.0B	6.2B	6.5B	7.7B	8.1B
Non Current Assets Total	11.9B	10.9B	10.6B	10.4B	11.5B	7.2B
Non Currrent Assets Other	2.6B	2.2B	2.1B	152.6M	104.0M	98.8M
Long Term Debt	8.0B	7.4B	6.4B	6.6B	7.3B	3.9B
Cash And Short Term Investments	100.0M	444.9M	202.0M	286.7M	272.8M	199.3M
Net Receivables	272.3M	471.2M	467.1M	590.3M	681.3M	715.4M
Liabilities And Stockholders Equity	12.3B	11.8B	11.3B	11.3B	12.5B	7.4B
Non Current Liabilities Total	8.5B	8.0B	7.0B	7.3B	8.1B	4.2B
Inventory	24.4M	882K	3.4M	3.8M	2.6M	2.4M
Other Stockholder Equity	149.6M	134.1M	137.7M	(1.1B)	3.0B	2.4B
Total Current Assets	402.4M	943.1M	684.8M	900.4M	992.4M	1.0B
Short Long Term Debt Total	8.0B	7.4B	6.4B	6.8B	8.0B	4.4B
Noncontrolling Interest In Consolidated Entity	2.6B	149.6M	134.1M	137.7M	158.3M	150.4M
Short Term Investments	566.2M	845.3M	1.3B	1.2B	1.4B	1.5B
Deferred Long Term Liab	18.9M	22.2M	12.4M	14.4M	16.6M	9.0M
Common Stock	3.2B	2.8B	3.0B	3.0B	2.9B	2.1B
Net Tangible Assets	1.9B	2.1B	2.2B	2.4B	2.7B	2.3B
Long Term Debt Total	8.0B	7.4B	6.4B	6.6B	7.6B	5.4B
Long Term Investments	1.5B	1.2B	1.2B	944.7M	904.5M	1.1B
Property Plant And Equipment Gross	9.1B	8.7B	12.8B	13.4B	14.9B	9.1B
Non Current Liabilities Other	544.7M	535.9M	325.8M	675.7M	480.2M	404.8M
Accumulated Depreciation	(3.3B)	(3.9B)	(4.3B)	(4.8B)	(4.3B)	(4.6B)

Western Midstream Investors Sentiment

The influence of Western Midstream's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Western. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Western Midstream's public news can be used to forecast risks associated with an investment in Western. The trend in average sentiment can be used to explain how an investor holding Western can time the market purely based on public headlines and social activities around Western Midstream Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Western Midstream's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Western Midstream's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Western Midstream's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Western Midstream.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Western Midstream in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Western Midstream's short interest history, or implied volatility extrapolated from Western Midstream options trading.

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When determining whether Western Midstream is a strong investment it is important to analyze Western Midstream'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 Midstream's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:

How To Invest In Western

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Is Western Stock a good investment?

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What is Western Midstream's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the Western Midstream information on this page should be used as a complementary analysis to other Western Midstream'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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Western Midstream's price analysis, check to measure Western Midstream'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 Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream'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 Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.

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Is Western Midstream'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 Midstream. 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 Midstream 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

(0.13)

Dividend Share

2.213

Earnings Share

2.6

Revenue Per Share

8.11

Quarterly Revenue Growth

0.101

The market value of Western Midstream 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 Midstream's value that differs from its market value or its book value, called intrinsic value, which is Western Midstream'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 Midstream's market value can be influenced by many factors that don't directly affect Western Midstream'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 Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Midstream'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.

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Western Current Deferred Revenue vs Good Will Analysis

Current Deferred Revenue vs Good Will

Current Deferred Revenue vs Good Will Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Good Will

Western Midstream fundamental ratios Correlations

Western Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Midstream fundamental ratios Accounts

Western Midstream Investors Sentiment

Also Currently Popular

Complementary Tools for Western Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Non Current Liabilities Total

Other Current Assets	- 0.58	Good Will
Total Current Assets	- 0.48	Good Will
Good Will	- 0.46	Other Current Liab
Good Will	- 0.44	Total Current Liabilities
Other Stockholder Equity	- 0.43	Non Currrent Assets Other
Cash And Short Term Investments	- 0.41	Good Will