Western Non Current Liabilities Other vs Total Current Assets Analysis

688122 Stock   44.50  0.45  1.00%   
Western Superconducting financial indicator trend analysis is more than just analyzing Western Superconducting current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Superconducting is a good investment. Please check the relationship between Western Superconducting Non Current Liabilities Other and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Superconducting Tech. 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.

Non Current Liabilities Other vs Total Current Assets

Non Current Liabilities Other vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Superconducting Non Current Liabilities Other account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Western Superconducting's Non Current Liabilities Other and Total Current Assets is 0.74. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Western Superconducting Tech, assuming nothing else is changed. The correlation between historical values of Western Superconducting's Non Current Liabilities Other and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Western Superconducting Tech are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Other i.e., Western Superconducting's Non Current Liabilities Other and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Other

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Western Superconducting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Superconducting 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Superconducting Tech. 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.
As of December 4, 2024, Tax Provision is expected to decline to about 65.1 M. In addition to that, Selling General Administrative is expected to decline to about 56.1 M
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.7B1.3B915.0M
Total Revenue2.9B4.2B4.2B2.5B

Western Superconducting fundamental ratios Correlations

0.410.990.990.960.920.990.920.750.980.30.780.840.780.860.860.830.850.99-0.70.931.00.760.10.930.95
0.410.460.450.450.260.380.220.520.320.19-0.11-0.020.060.040.070.130.010.36-0.090.480.420.47-0.420.320.45
0.990.460.980.980.910.980.920.710.980.280.750.830.760.860.850.80.850.99-0.720.960.990.810.010.930.97
0.990.450.980.930.920.990.90.810.950.290.740.80.750.820.840.840.820.97-0.670.911.00.720.130.920.92
0.960.450.980.930.860.930.880.610.980.180.710.80.80.830.820.770.80.98-0.690.910.950.89-0.080.950.98
0.920.260.910.920.860.90.990.720.90.150.880.940.740.950.970.950.940.9-0.850.870.910.680.120.920.86
0.990.380.980.990.930.90.90.760.960.390.790.820.730.840.840.80.840.98-0.650.920.990.70.170.890.91
0.920.220.920.90.880.990.90.650.920.190.90.970.780.980.980.920.970.92-0.870.880.910.720.050.910.88
0.750.520.710.810.610.720.760.650.610.340.450.490.440.520.550.720.520.67-0.370.640.770.440.090.580.6
0.980.320.980.950.980.90.960.920.610.180.790.870.840.890.880.820.880.99-0.770.920.970.810.070.960.97
0.30.190.280.290.180.150.390.190.340.180.310.16-0.130.160.09-0.050.190.290.180.290.32-0.10.170.010.1
0.78-0.110.750.740.710.880.790.90.450.790.310.970.630.950.940.810.950.79-0.740.710.770.450.340.780.66
0.84-0.020.830.80.80.940.820.970.490.870.160.970.751.00.990.890.990.86-0.860.790.820.630.160.860.79
0.780.060.760.750.80.740.730.780.440.84-0.130.630.750.760.770.740.770.8-0.720.610.760.73-0.080.840.83
0.860.040.860.820.830.950.840.980.520.890.160.951.00.760.990.90.990.88-0.860.820.850.670.120.880.82
0.860.070.850.840.820.970.840.980.550.880.090.940.990.770.990.930.980.87-0.890.810.850.650.160.90.82
0.830.130.80.840.770.950.80.920.720.82-0.050.810.890.740.90.930.880.8-0.80.740.820.660.130.850.77
0.850.010.850.820.80.940.840.970.520.880.190.950.990.770.990.980.880.87-0.880.810.840.610.140.850.81
0.990.360.990.970.980.90.980.920.670.990.290.790.860.80.880.870.80.87-0.710.940.990.80.060.930.96
-0.7-0.09-0.72-0.67-0.69-0.85-0.65-0.87-0.37-0.770.18-0.74-0.86-0.72-0.86-0.89-0.8-0.88-0.71-0.74-0.68-0.60.0-0.79-0.77
0.930.480.960.910.910.870.920.880.640.920.290.710.790.610.820.810.740.810.94-0.740.920.770.00.840.93
1.00.420.991.00.950.910.990.910.770.970.320.770.820.760.850.850.820.840.99-0.680.920.740.110.920.94
0.760.470.810.720.890.680.70.720.440.81-0.10.450.630.730.670.650.660.610.8-0.60.770.74-0.430.790.88
0.1-0.420.010.13-0.080.120.170.050.090.070.170.340.16-0.080.120.160.130.140.060.00.00.11-0.430.1-0.12
0.930.320.930.920.950.920.890.910.580.960.010.780.860.840.880.90.850.850.93-0.790.840.920.790.10.93
0.950.450.970.920.980.860.910.880.60.970.10.660.790.830.820.820.770.810.96-0.770.930.940.88-0.120.93
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Western Superconducting Account Relationship Matchups

Western Superconducting fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.5B8.8B11.3B12.1B7.3B
Other Current Liab195.3M252.8M348.0M227.8M17.9M17.0M
Total Current Liabilities1.6B2.0B2.6B3.4B3.4B2.3B
Total Stockholder Equity2.6B2.8B5.4B6.0B6.3B4.0B
Other Liab247.5M270.1M288.2M358.6M412.4M261.3M
Net Tangible Assets2.4B2.7B5.2B5.8B6.7B7.0B
Retained Earnings369.9M608.3M1.2B1.8B1.8B914.3M
Accounts Payable557.0M540.0M1.1B1.7B1.9B2.0B
Cash779.8M470.8M2.6B2.1B1.5B1.3B
Non Current Assets Total1.3B1.5B1.7B2.1B2.6B1.7B
Non Currrent Assets Other25.0M72.3M38.9M316.3M42.0M39.9M
Other Assets112.3M171.9M145.4M415.4M477.7M501.6M
Long Term Debt318.1M383.2M445.7M1.2B1.6B1.6B
Net Receivables1.5B660.2M1.2B1.3B2.1B1.3B
Non Current Liabilities Total565.7M653.3M733.9M1.5B1.9B2.0B
Inventory1.0B1.1B1.6B2.4B3.3B3.5B
Other Current Assets21.0M15.5M76.1M55.4M93.5M98.1M
Other Stockholder Equity4.2M4.1M5.6M12.1M14.0M14.7M
Total Liab2.2B2.7B3.3B4.9B5.3B3.2B
Deferred Long Term Liab18.6M18.3M18.0M17.6M15.9M14.5M
Short Long Term Debt661.1M1.0B1.0B1.3B1.2B1.0B
Total Current Assets3.5B4.1B7.1B9.2B9.5B5.6B
Intangible Assets72.2M173.2M188.8M179.4M291.4M196.7M
Property Plant Equipment972.4M1.0B1.2B1.4B1.6B1.1B
Net Debt404.7M319.1M945.8M326.6M1.2B666.9M
Net Invested Capital3.7B4.2B6.8B8.4B9.0B6.0B
Net Working Capital1.9B2.1B4.5B5.8B6.1B3.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Western Stock

Balance Sheet is a snapshot of the financial position of Western Superconducting at a specified time, usually calculated after every quarter, six months, or one year. Western Superconducting Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Superconducting and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Western currently owns. An asset can also be divided into two categories, current and non-current.