WestRock Intangible Assets vs Cash Analysis
WRK Stock | USD 52.94 0.59 1.13% |
WestRock financial indicator trend analysis is more than just analyzing WestRock current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WestRock is a good investment. Please check the relationship between WestRock Intangible Assets and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WestRock Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Intangible Assets vs Cash
Intangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WestRock Intangible Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between WestRock's Intangible Assets and Cash is 0.64. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of WestRock Co, assuming nothing else is changed. The correlation between historical values of WestRock's Intangible Assets 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 Intangible Assets of WestRock Co 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 Intangible Assets i.e., WestRock's Intangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Cash
Cash refers to the most liquid asset of WestRock, which is listed under current asset account on WestRock Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from WestRock customers. The amounts must be unrestricted with restricted cash listed in a different WestRock 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 WestRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WestRock 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 WestRock Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, WestRock's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 10.8 B this year, although the value of Discontinued Operations is projected to rise to (465.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 21.3B | 20.3B | 23.4B | 24.5B | Depreciation And Amortization | 1.5B | 1.5B | 1.8B | 1.9B |
WestRock fundamental ratios Correlations
Click cells to compare fundamentals
WestRock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WestRock fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.8B | 29.3B | 28.4B | 27.4B | 31.6B | 33.1B | |
Short Long Term Debt Total | 9.4B | 8.2B | 7.8B | 8.6B | 9.9B | 10.4B | |
Other Current Liab | 645.1M | 694.8M | (1.3B) | 1.7B | 2.0B | 2.1B | |
Total Current Liabilities | 2.9B | 3.6B | 3.9B | 4.9B | 5.7B | 5.9B | |
Total Stockholder Equity | 10.6B | 11.7B | 11.4B | 10.1B | 11.6B | 12.2B | |
Property Plant And Equipment Net | 10.8B | 10.6B | 10.1B | 11.1B | 12.7B | 13.4B | |
Net Debt | 9.2B | 7.9B | 7.5B | 8.2B | 9.4B | 9.9B | |
Retained Earnings | 1.0B | 1.6B | 2.2B | 278.2M | 319.9M | 303.9M | |
Accounts Payable | 1.7B | 2.1B | 2.3B | 2.1B | 2.4B | 2.6B | |
Cash | 251.1M | 290.9M | 260.2M | 393.4M | 452.4M | 475.0M | |
Non Current Assets Total | 23.8B | 23.6B | 22.4B | 20.5B | 23.5B | 24.7B | |
Cash And Short Term Investments | 251.1M | 290.9M | 260.2M | 393.4M | 452.4M | 475.0M | |
Net Receivables | 2.1B | 2.6B | 2.7B | 2.6B | 3.0B | 3.1B | |
Common Stock Shares Outstanding | 259.2M | 267.5M | 261.5M | 255.9M | 294.3M | 147.7M | |
Liabilities And Stockholders Equity | 28.8B | 29.3B | 28.4B | 27.4B | 31.6B | 33.1B | |
Non Current Liabilities Total | 15.2B | 13.9B | 13.1B | 12.4B | 14.3B | 15.0B | |
Inventory | 2.0B | 2.2B | 2.3B | 2.3B | 2.7B | 2.8B | |
Other Current Assets | 520.5M | 597.6M | 689.8M | 1.6B | 1.8B | 1.9B | |
Other Stockholder Equity | 10.9B | 11.1B | 10.6B | 10.7B | 12.3B | 12.9B | |
Total Liab | 18.1B | 17.6B | 17.0B | 17.3B | 19.9B | 20.9B | |
Total Current Assets | 4.9B | 5.7B | 6.0B | 7.0B | 8.0B | 8.4B | |
Short Term Debt | 222.9M | 168.8M | 212.2M | 533M | 613.0M | 643.6M | |
Intangible Assets | 3.7B | 3.3B | 2.9B | 2.6B | 3.0B | 3.1B | |
Non Currrent Assets Other | 3.4B | 3.7B | (492M) | 2.6B | 2.9B | 3.1B | |
Accumulated Other Comprehensive Income | (1.3B) | (999.1M) | (1.5B) | (898.6M) | (808.7M) | (768.3M) | |
Other Liab | 5.4B | 5.9B | 5.5B | 3.9B | 4.5B | 2.5B | |
Other Assets | 2.3B | 3.7B | 3.5B | 2.6B | 2.9B | 3.1B | |
Long Term Debt | 8.9B | 8.0B | 7.6B | 8.1B | 9.3B | 9.7B | |
Good Will | 6.0B | 6.0B | 5.9B | 4.2B | 4.9B | 2.9B | |
Property Plant Equipment | 10.8B | 10.6B | 10.1B | 11.1B | 12.7B | 13.4B | |
Current Deferred Revenue | 386.7M | 656.8M | 2.8B | 524.9M | 603.6M | 378.6M | |
Property Plant And Equipment Gross | 10.8B | 18.7B | 19.5B | 21.9B | 25.2B | 26.4B | |
Net Tangible Assets | 2.1B | 2.4B | 2.6B | 3.3B | 3.7B | 2.6B | |
Deferred Long Term Liab | 2.9B | 2.9B | 121.8M | 140.9M | 162.0M | 153.9M | |
Short Long Term Debt | 222.9M | 168.8M | 212.2M | 533M | 613.0M | 389.0M | |
Noncontrolling Interest In Consolidated Entity | 14.3M | 16.9M | 19.7M | 17.7M | 15.9M | 15.1M | |
Retained Earnings Total Equity | 2.0B | 1.0B | 1.6B | 2.2B | 2.0B | 1.3B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as WestRock 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
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WestRock Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for WestRock Stock analysis
When running WestRock's price analysis, check to measure WestRock'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 WestRock is operating at the current time. Most of WestRock's value examination focuses on studying past and present price action to predict the probability of WestRock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WestRock's price. Additionally, you may evaluate how the addition of WestRock to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is WestRock'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 WestRock. If investors know WestRock 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 WestRock 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 (0.68) | Dividend Share 1.155 | Earnings Share 1.21 | Revenue Per Share 75.69 | Quarterly Revenue Growth (0.10) |
The market value of WestRock is measured differently than its book value, which is the value of WestRock that is recorded on the company's balance sheet. Investors also form their own opinion of WestRock's value that differs from its market value or its book value, called intrinsic value, which is WestRock'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 WestRock's market value can be influenced by many factors that don't directly affect WestRock'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 WestRock's value and its price as these two are different measures arrived at by different means. Investors typically determine if WestRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WestRock'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.