WestRock Other Current Liab vs Net Receivables Analysis
WRK Stock | USD 54.13 1.11 2.09% |
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 Other Current Liab and its Net Receivables 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.
Other Current Liab vs Net Receivables
Other Current Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WestRock Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WestRock's Other Current Liab and Net Receivables is 0.48. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables 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 Other Current Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of WestRock Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., WestRock's Other Current Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
Net Receivables
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
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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 |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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.