Western Midstream Partners Stock Probability Of Bankruptcy

WES Stock  USD 39.07  0.71  1.85%   
Western Midstream's probability of distress is under 32% at this time. It has slight risk of undergoing some form of financial straits in the near future. Western Midstream's Probability of financial unrest is determined by interpolating and adjusting Western Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Western balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Western Midstream Piotroski F Score and Western Midstream Altman Z Score analysis.
  
Market Cap is likely to gain to about 7.7 B in 2024, whereas Enterprise Value is likely to drop slightly above 1.9 B in 2024.

Western Midstream Partners Company probability of financial unrest Analysis

Western Midstream's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Western Midstream Probability Of Bankruptcy

    
  Less than 32%  
Most of Western Midstream's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Western Midstream probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Western Midstream odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Western Midstream Partners financial health.
Is Oil & Gas Storage & Transportation 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 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
0.057
Dividend Share
3.2
Earnings Share
3.91
Revenue Per Share
9.299
Quarterly Revenue Growth
0.138
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.

Western Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Western Midstream is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Western Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Western Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Western Midstream's interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Western Midstream Partners has a Probability Of Bankruptcy of 32.0%. This is 33.64% lower than that of the Oil, Gas & Consumable Fuels sector and 36.06% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 19.66% higher than that of the company.

Western Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Midstream's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Midstream could also be used in its relative valuation, which is a method of valuing Western Midstream by comparing valuation metrics of similar companies.
Western Midstream is currently under evaluation in probability of bankruptcy category among its peers.

Western Midstream Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets0.05650.04450.08130.110.08010.0439
Gross Profit Margin0.610.660.760.70.690.49
Net Debt7.9B7.0B6.2B6.5B7.7B8.1B
Total Current Liabilities486.0M960.9M1.1B903.9M1.3B1.4B
Non Current Liabilities Total8.5B8.0B7.0B7.3B8.1B4.2B
Total Assets12.3B11.8B11.3B11.3B12.5B6.9B
Total Current Assets402.4M943.1M684.8M900.4M992.4M1.0B
Total Cash From Operating Activities1.3B1.6B1.8B1.7B1.7B833.3M

Western Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Western Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Western Midstream's managers, analysts, and investors.
Environmental
Governance
Social

Western Fundamentals

About Western Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Western Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Western Stock Analysis

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.