Washington Depreciation vs Begin Period Cash Flow Analysis
WAFD Stock | USD 35.67 0.25 0.70% |
Washington Federal financial indicator trend analysis is more than just analyzing Washington Federal current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Washington Federal is a good investment. Please check the relationship between Washington Federal Depreciation and its Begin Period Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Federal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
Depreciation vs Begin Period Cash Flow
Depreciation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Washington Federal Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Washington Federal's Depreciation and Begin Period Cash Flow is 0.37. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Washington Federal, assuming nothing else is changed. The correlation between historical values of Washington Federal's Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Washington Federal are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Washington Federal's Depreciation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Washington Federal value has been used up. For tax purposes Washington Federal can deduct the cost of the tangible assets it purchases as business expenses. However, Washington Federal must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Washington Federal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Washington Federal 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 Washington Federal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.At present, Washington Federal's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.15, whereas Tax Provision is forecasted to decline to about 51.6 M.
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 364.1M | 325.1M | 256.1M | 372.7M | EBIT | 300.0M | 325.1M | 373.8M | 365.8M |
Washington Federal fundamental ratios Correlations
Click cells to compare fundamentals
Washington Federal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Washington Federal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 76.7M | 72.6M | 65.4M | 65.3M | 74.3M | 69.6M | |
Total Assets | 18.8B | 19.7B | 20.8B | 22.5B | 28.1B | 29.5B | |
Short Long Term Debt Total | 2.7B | 1.7B | 2.1B | 3.7B | 3.3B | 2.0B | |
Total Stockholder Equity | 2.0B | 2.1B | 2.3B | 2.4B | 3.0B | 3.2B | |
Property Plant And Equipment Net | 252.8M | 255.2M | 243.1M | 237.0M | 247.9M | 152.4M | |
Net Debt | 997.0M | (370.8M) | 1.4B | 2.7B | 937.2M | 1.4B | |
Retained Earnings | 1.4B | 1.5B | 1.7B | 1.9B | 2.0B | 2.1B | |
Cash | 1.7B | 2.1B | 684.0M | 980.6M | 26.0M | 24.7M | |
Non Current Assets Total | 3.5B | 3.1B | 1.2B | 3.0B | 25.5B | 26.7B | |
Non Currrent Assets Other | (61.0M) | (66.9M) | (2.0B) | (62.4M) | 21.7B | 22.8B | |
Other Assets | 11.3B | 12.3B | 3.5B | 16.4B | 2.6B | 2.5B | |
Cash And Short Term Investments | 4.0B | 4.2B | 950.0 | 3.0B | 26.0M | 24.7M | |
Net Receivables | 59.5M | 54.5M | 63.9M | 95.5M | 102.8M | 52.0M | |
Liabilities And Stockholders Equity | 18.8B | 19.7B | 20.8B | 22.5B | 28.1B | 29.5B | |
Non Current Liabilities Total | 2.7B | 1.7B | 2.1B | 3.7B | 13.2B | 13.9B | |
Other Stockholder Equity | 440.5M | 91.7M | 96.8M | 75.3M | 511.5M | 736.6M | |
Total Liab | 2.7B | 1.7B | 300.0M | 3.7B | 25.1B | 26.3B | |
Property Plant And Equipment Gross | 252.8M | 387.9M | 389.0M | 392.3M | 422.4M | 443.5M | |
Total Current Assets | 4.0B | 4.3B | 16.1B | 3.1B | 26.0M | 24.7M | |
Other Current Liab | 12.9B | 14.9B | (3.3M) | 15.4B | 11.8B | 7.7B | |
Total Current Liabilities | 14.8B | 16.2B | 300.0M | 19.1B | 11.8B | 6.6B | |
Other Current Assets | 1.8B | 2.2B | 757.4M | 1.1B | 2.6B | 4.1B | |
Short Term Debt | 1.8B | 1.3B | 2.0B | 3.7B | 4.2B | 4.4B | |
Common Stock Total Equity | 135.5M | 135.7M | 136.0M | 136.3M | 156.7M | 125.3M | |
Accumulated Other Comprehensive Income | 17.0M | 69.8M | 52.5M | 46.9M | 55.9M | 58.6M | |
Common Stock | 135.7M | 136.0M | 136.3M | 136.5M | 154.0M | 128.0M | |
Other Liab | 49.5M | 47.0M | 50.1M | 52.6M | 47.3M | 81.7M | |
Accounts Payable | 250.8M | 15.5B | 16.0B | 16.1B | 18.5B | 19.4B | |
Long Term Debt | 2.7B | 1.7B | 2.1B | 3.7B | 3.3B | 2.2B | |
Inventory | (1.8B) | (2.2B) | 15.3B | (1.1B) | (1.2B) | (1.2B) | |
Treasury Stock | (1.1B) | (1.2B) | (1.6B) | (1.6B) | (1.4B) | (1.4B) | |
Intangible Assets | 7.2M | 6.6M | 5.6M | 5.9M | 37.1M | 50.0M | |
Property Plant Equipment | 252.8M | 255.2M | 243.1M | 237.0M | 272.6M | 187.4M | |
Short Term Investments | 2.2B | 2.1B | 2.1B | 2.0B | 2.6B | 1.4B | |
Net Tangible Assets | 1.7B | 1.5B | 1.7B | 1.8B | 2.1B | 1.8B | |
Capital Surpluse | 1.7B | 1.7B | 1.7B | 1.7B | 1.9B | 1.8B | |
Long Term Investments | 3.0B | 2.5B | 2.5B | 2.4B | 3.0B | 5.6B |
Also Currently Popular
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 Washington Federal is a strong investment it is important to analyze Washington Federal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Washington Federal's future performance. For an informed investment choice regarding Washington Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Federal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 Washington Federal. If investors know Washington 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 Washington Federal 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 (0.01) | Earnings Share 2.5 | Revenue Per Share 9.483 | Quarterly Revenue Growth 0.245 | Return On Assets 0.0079 |
The market value of Washington Federal is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Federal's value that differs from its market value or its book value, called intrinsic value, which is Washington Federal'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 Washington Federal's market value can be influenced by many factors that don't directly affect Washington Federal'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 Washington Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Federal'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.