Westamerica Earning Assets vs Total Assets Analysis

WABC Stock  USD 56.72  0.01  0.02%   
Westamerica Bancorporation financial indicator trend analysis is more than just analyzing Westamerica Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westamerica Bancorporation is a good investment. Please check the relationship between Westamerica Bancorporation Earning Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.

Earning Assets vs Total Assets

Earning Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westamerica Bancorporation Earning Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Westamerica Bancorporation's Earning Assets and Total Assets is 0.62. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Westamerica Bancorporation, assuming nothing else is changed. The correlation between historical values of Westamerica Bancorporation's Earning Assets and Total 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 Earning Assets of Westamerica Bancorporation are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Earning Assets i.e., Westamerica Bancorporation's Earning Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Earning Assets

Total Assets

Total assets refers to the total amount of Westamerica Bancorporation assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Westamerica Bancorporation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Westamerica Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westamerica Bancorporation 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 Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.At present, Westamerica Bancorporation's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.02, whereas Tax Provision is forecasted to decline to about 34.2 M.
 2021 2022 2023 2024 (projected)
EBIT128.6M179.3M221.6M134.8M
Operating Income117.0M167.5M221.6M133.1M

Westamerica Bancorporation fundamental ratios Correlations

0.710.320.30.280.690.67-0.310.530.390.530.260.090.210.310.37-0.350.70.420.270.440.490.730.690.260.4
0.710.440.430.720.930.87-0.580.540.580.780.67-0.250.710.130.49-0.571.00.57-0.050.590.780.950.920.410.83
0.320.440.0-0.010.430.35-0.71-0.210.77-0.060.270.00.49-0.01-0.320.310.44-0.040.610.870.030.250.150.580.12
0.30.430.00.160.350.39-0.170.220.160.380.050.060.34-0.340.15-0.160.440.26-0.030.130.40.410.380.010.32
0.280.72-0.010.160.650.61-0.340.620.310.920.86-0.580.650.190.82-0.90.720.62-0.70.240.880.760.750.230.8
0.690.930.430.350.650.92-0.590.460.580.70.59-0.30.620.050.46-0.460.910.44-0.020.560.70.930.920.460.77
0.670.870.350.390.610.92-0.440.560.450.710.53-0.470.610.150.48-0.470.850.56-0.070.470.760.870.840.450.72
-0.31-0.58-0.71-0.17-0.34-0.59-0.440.08-0.98-0.27-0.50.13-0.690.27-0.010.01-0.58-0.09-0.22-0.7-0.28-0.45-0.35-0.36-0.31
0.530.54-0.210.220.620.460.560.08-0.020.790.24-0.470.060.690.89-0.80.540.93-0.440.180.840.570.650.270.74
0.390.580.770.160.310.580.45-0.98-0.020.270.47-0.150.65-0.150.030.00.580.160.270.780.310.430.320.450.28
0.530.78-0.060.380.920.70.71-0.270.790.270.71-0.50.550.260.89-0.920.780.75-0.60.240.960.830.820.250.81
0.260.670.270.050.860.590.53-0.50.240.470.71-0.410.830.020.47-0.660.670.28-0.460.330.640.690.590.210.53
0.09-0.250.00.06-0.58-0.3-0.470.13-0.47-0.15-0.5-0.41-0.31-0.3-0.580.47-0.24-0.550.56-0.21-0.58-0.21-0.24-0.41-0.46
0.210.710.490.340.650.620.61-0.690.060.650.550.83-0.31-0.280.18-0.350.710.21-0.190.430.570.640.50.290.48
0.310.13-0.01-0.340.190.050.150.270.69-0.150.260.02-0.3-0.280.48-0.390.140.65-0.080.250.350.110.180.310.34
0.370.49-0.320.150.820.460.48-0.010.890.030.890.47-0.580.180.48-0.920.490.8-0.720.080.860.570.640.190.72
-0.35-0.570.31-0.16-0.9-0.46-0.470.01-0.80.0-0.92-0.660.47-0.35-0.39-0.92-0.58-0.730.760.0-0.85-0.67-0.7-0.02-0.74
0.71.00.440.440.720.910.85-0.580.540.580.780.67-0.240.710.140.49-0.580.58-0.060.590.780.950.910.40.83
0.420.57-0.040.260.620.440.56-0.090.930.160.750.28-0.550.210.650.8-0.730.58-0.380.320.840.520.580.280.78
0.27-0.050.61-0.03-0.7-0.02-0.07-0.22-0.440.27-0.6-0.460.56-0.19-0.08-0.720.76-0.06-0.380.37-0.54-0.17-0.220.13-0.37
0.440.590.870.130.240.560.47-0.70.180.780.240.33-0.210.430.250.080.00.590.320.370.350.40.360.70.41
0.490.780.030.40.880.70.76-0.280.840.310.960.64-0.580.570.350.86-0.850.780.84-0.540.350.780.780.380.85
0.730.950.250.410.760.930.87-0.450.570.430.830.69-0.210.640.110.57-0.670.950.52-0.170.40.780.970.250.8
0.690.920.150.380.750.920.84-0.350.650.320.820.59-0.240.50.180.64-0.70.910.58-0.220.360.780.970.240.87
0.260.410.580.010.230.460.45-0.360.270.450.250.21-0.410.290.310.19-0.020.40.280.130.70.380.250.240.37
0.40.830.120.320.80.770.72-0.310.740.280.810.53-0.460.480.340.72-0.740.830.78-0.370.410.850.80.870.37
Click cells to compare fundamentals

Westamerica Bancorporation Account Relationship Matchups

Westamerica Bancorporation fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding27.0M27.0M26.9M26.9M26.7M30.1M
Total Assets5.6B6.8B7.5B7.0B6.4B4.7B
Short Long Term Debt Total48.1M121.4M164.2M73.5M18.8M17.9M
Other Current Liab2.2B2.7B3.1B3.0B2.6B2.7B
Total Current Liabilities2.3B2.8B3.2B3.1B2.7B1.7B
Total Stockholder Equity731.4M844.8M827.1M602.1M772.9M467.4M
Property Plant And Equipment Net51.7M51.6M49.1M44.6M45.8M39.1M
Net Debt(325.4M)(499.9M)(967.9M)(220.7M)(171.5M)(162.9M)
Retained Earnings239.1M264.4M306.4M383.1M490.0M514.5M
Cash373.4M621.3M1.1B294.2M190.3M334.3M
Non Current Assets Total5.2B6.1B6.3B6.6B6.2B6.5B
Non Currrent Assets Other5.0B5.9B6.1B6.3B1.1B1.2B
Other Assets(1.8B)(2.7B)(3.4B)2.2B1.00.95
Cash And Short Term Investments3.5B4.7B5.8B4.6B190.3M180.8M
Net Receivables28.8M33.0M35.5M53.6M54.6M64.5M
Liabilities And Stockholders Equity5.6B6.8B7.5B7.0B6.4B4.7B
Non Current Liabilities Total2.6B3.1B3.4B3.2B5.6B5.9B
Other Stockholder Equity(438.6M)(351.6M)(421.3M)(731.2M)(658.0M)(625.1M)
Total Liab4.9B5.9B6.7B6.3B5.6B4.3B
Property Plant And Equipment Gross51.7M51.6M106.7M104.7M107.7M113.0M
Total Current Assets406.0M658.9M1.2B352.7M190.3M180.8M
Short Term Debt37.0M108.2M153.1M63.6M64.2M61.0M
Accumulated Other Comprehensive Income465.5M466.0M471.0M475.1M(190.2M)(180.7M)
Short Term Investments3.1B4.1B4.6B4.3B4.0B4.2B
Common Stock465.5M466.0M471.0M475.1M473.1M384.7M
Common Stock Total Equity465.5M466.0M471.0M475.1M546.3M385.6M
Other Liab27.5M112.6M73.7M49.4M56.8M57.8M
Accounts Payable4.8B5.7B6.4B6.2B7.2B4.7B
Inventory(3.5B)(4.7B)(5.8B)(4.7B)(244.9M)(257.1M)
Intangible Assets123.1M122.8M122.5M122.3M347K329.7K
Property Plant Equipment34.6M32.8M31.2M28.8M25.9M28.1M
Other Current Assets406.0M663.4M1.2B357.6M250.1M237.6M
Net Tangible Assets608.4M722.0M704.6M479.9M551.8M533.9M
Retained Earnings Total Equity239.1M264.4M306.4M383.1M440.6M227.3M
Long Term Investments3.8B4.1B4.9B5.2B4.9B3.5B
Non Current Liabilities Other44.6M112.6M73.7M65.1M74.9M64.2M
Short Long Term Debt30.9M102.5M146.2M57.8M66.5M70.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Westamerica Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westamerica Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westamerica Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westamerica Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks 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 Westamerica Bancorporation. If investors know Westamerica 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 Westamerica Bancorporation 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
(0.16)
Dividend Share
1.76
Earnings Share
5.49
Revenue Per Share
11.398
Quarterly Revenue Growth
(0.10)
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation'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 Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation'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 Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation'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.