Western Retained Earnings vs Total Stockholder Equity 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 Retained Earnings and its Total Stockholder Equity 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Superconducting Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Western Superconducting's Retained Earnings and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity 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 Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Western Superconducting Tech are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Western Superconducting's Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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

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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.