Whitecap Stock Based Compensation vs Other Non Cash Items Analysis

WCP Stock

CAD 9.82 0.12 1.21%

Whitecap Resources financial indicator trend analysis is more than just analyzing Whitecap Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Whitecap Resources is a good investment. Please check the relationship between Whitecap Resources Stock Based Compensation and its Other Non Cash Items accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whitecap Resources Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.

The correlation between Whitecap Resources' Stock Based Compensation and Other Non Cash Items is 0.22. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Whitecap Resources, assuming nothing else is changed. The correlation between historical values of Whitecap Resources' Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Whitecap Resources are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Whitecap Resources' Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

Most indicators from Whitecap Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Whitecap Resources 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 Whitecap Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 10th of December 2024, Tax Provision is likely to grow to about 295.8 M, while Selling General Administrative is likely to drop about 51.1 M.

	2021	2022	2023	2024 (projected)
Total Revenue	2.7B	4.8B	3.2B	3.4B
Depreciation And Amortization	570.3M	842.8M	898.8M	943.7M

Total Revenue Depreciation And Amortization

Whitecap Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Property Plant And Equipment Gross	Short Term Debt	Other Current Liab	Other Current Assets	Non Currrent Assets Other	Common Stock Total Equity	Inventory	Common Stock
Total Assets		0.91	0.99	0.9	0.19	0.92	-0.46	0.12	0.93	0.96	0.97	-0.36	0.98	0.84	0.44	0.78	1.0	1.0	0.96	-0.57	0.63	0.5	0.04	0.81	-0.03	0.87
Total Current Liabilities	0.91		0.88	0.78	0.22	0.99	-0.39	-0.04	0.99	0.9	0.87	-0.26	0.91	0.93	0.24	0.67	0.91	0.89	0.96	-0.39	0.78	0.63	-0.02	0.63	0.1	0.77
Total Stockholder Equity	0.99	0.88		0.83	0.31	0.9	-0.37	0.21	0.9	0.91	0.92	-0.34	0.93	0.8	0.38	0.71	0.99	0.99	0.95	-0.55	0.61	0.46	0.08	0.75	-0.15	0.81
Net Debt	0.9	0.78	0.83		-0.16	0.76	-0.64	-0.11	0.81	0.92	0.95	-0.4	0.94	0.78	0.53	0.94	0.88	0.89	0.78	-0.63	0.57	0.57	-0.07	0.9	0.2	0.92
Retained Earnings	0.19	0.22	0.31	-0.16		0.28	0.47	0.54	0.23	-0.08	-0.01	0.11	0.02	0.28	-0.18	-0.25	0.21	0.17	0.27	0.2	0.1	0.2	0.01	-0.33	-0.55	-0.26
Accounts Payable	0.92	0.99	0.9	0.76	0.28		-0.42	0.03	0.99	0.9	0.88	-0.25	0.91	0.91	0.28	0.63	0.93	0.91	0.99	-0.38	0.67	0.57	-0.07	0.61	0.05	0.74
Cash	-0.46	-0.39	-0.37	-0.64	0.47	-0.42		0.6	-0.47	-0.61	-0.58	0.27	-0.56	-0.33	-0.21	-0.56	-0.46	-0.47	-0.42	0.44	0.0	-0.09	0.13	-0.64	-0.44	-0.61
Cash And Short Term Investments	0.12	-0.04	0.21	-0.11	0.54	0.03	0.6		-0.05	-0.05	0.02	0.03	0.01	-0.02	0.36	-0.15	0.13	0.13	0.1	-0.01	-0.06	-0.06	-0.03	-0.09	-0.67	-0.12
Net Receivables	0.93	0.99	0.9	0.81	0.23	0.99	-0.47	-0.05		0.9	0.9	-0.26	0.93	0.93	0.29	0.68	0.93	0.91	0.97	-0.42	0.69	0.61	-0.09	0.64	0.12	0.77
Common Stock Shares Outstanding	0.96	0.9	0.91	0.92	-0.08	0.9	-0.61	-0.05	0.9		0.98	-0.37	0.98	0.78	0.47	0.82	0.95	0.96	0.92	-0.59	0.62	0.44	0.01	0.88	0.14	0.94
Non Current Liabilities Total	0.97	0.87	0.92	0.95	-0.01	0.88	-0.58	0.02	0.9	0.98		-0.38	1.0	0.81	0.53	0.85	0.96	0.97	0.91	-0.61	0.58	0.49	-0.01	0.88	0.14	0.92
Other Stockholder Equity	-0.36	-0.26	-0.34	-0.4	0.11	-0.25	0.27	0.03	-0.26	-0.37	-0.38		-0.36	-0.25	-0.22	-0.38	-0.35	-0.36	-0.29	0.51	-0.21	-0.19	-0.01	-0.39	-0.05	-0.39
Total Liab	0.98	0.91	0.93	0.94	0.02	0.91	-0.56	0.01	0.93	0.98	1.0	-0.36		0.84	0.49	0.84	0.97	0.98	0.93	-0.58	0.63	0.52	-0.01	0.85	0.14	0.91
Total Current Assets	0.84	0.93	0.8	0.78	0.28	0.91	-0.33	-0.02	0.93	0.78	0.81	-0.25	0.84		0.3	0.7	0.83	0.81	0.86	-0.38	0.75	0.86	-0.13	0.53	0.16	0.66
Short Term Investments	0.44	0.24	0.38	0.53	-0.18	0.28	-0.21	0.36	0.29	0.47	0.53	-0.22	0.49	0.3		0.54	0.41	0.45	0.32	-0.37	0.12	0.23	-0.09	0.56	0.22	0.51
Short Long Term Debt Total	0.78	0.67	0.71	0.94	-0.25	0.63	-0.56	-0.15	0.68	0.82	0.85	-0.38	0.84	0.7	0.54		0.76	0.78	0.64	-0.6	0.6	0.59	-0.05	0.91	0.22	0.91
Property Plant And Equipment Net	1.0	0.91	0.99	0.88	0.21	0.93	-0.46	0.13	0.93	0.95	0.96	-0.35	0.97	0.83	0.41	0.76		1.0	0.96	-0.56	0.62	0.47	0.04	0.8	-0.06	0.86
Non Current Assets Total	1.0	0.89	0.99	0.89	0.17	0.91	-0.47	0.13	0.91	0.96	0.97	-0.36	0.98	0.81	0.45	0.78	1.0		0.95	-0.58	0.61	0.46	0.05	0.82	-0.04	0.88
Property Plant And Equipment Gross	0.96	0.96	0.95	0.78	0.27	0.99	-0.42	0.1	0.97	0.92	0.91	-0.29	0.93	0.86	0.32	0.64	0.96	0.95		-0.46	0.64	0.48	-0.03	0.67	-0.02	0.78
Short Term Debt	-0.57	-0.39	-0.55	-0.63	0.2	-0.38	0.44	-0.01	-0.42	-0.59	-0.61	0.51	-0.58	-0.38	-0.37	-0.6	-0.56	-0.58	-0.46		-0.29	-0.24	-0.13	-0.74	0.02	-0.71
Other Current Liab	0.63	0.78	0.61	0.57	0.1	0.67	0.0	-0.06	0.69	0.62	0.58	-0.21	0.63	0.75	0.12	0.6	0.62	0.61	0.64	-0.29		0.69	0.18	0.47	0.1	0.62
Other Current Assets	0.5	0.63	0.46	0.57	0.2	0.57	-0.09	-0.06	0.61	0.44	0.49	-0.19	0.52	0.86	0.23	0.59	0.47	0.46	0.48	-0.24	0.69		-0.15	0.28	0.24	0.39
Non Currrent Assets Other	0.04	-0.02	0.08	-0.07	0.01	-0.07	0.13	-0.03	-0.09	0.01	-0.01	-0.01	-0.01	-0.13	-0.09	-0.05	0.04	0.05	-0.03	-0.13	0.18	-0.15		0.13	0.05	0.08
Common Stock Total Equity	0.81	0.63	0.75	0.9	-0.33	0.61	-0.64	-0.09	0.64	0.88	0.88	-0.39	0.85	0.53	0.56	0.91	0.8	0.82	0.67	-0.74	0.47	0.28	0.13		0.15	0.97
Inventory	-0.03	0.1	-0.15	0.2	-0.55	0.05	-0.44	-0.67	0.12	0.14	0.14	-0.05	0.14	0.16	0.22	0.22	-0.06	-0.04	-0.02	0.02	0.1	0.24	0.05	0.15		0.17
Common Stock	0.87	0.77	0.81	0.92	-0.26	0.74	-0.61	-0.12	0.77	0.94	0.92	-0.39	0.91	0.66	0.51	0.91	0.86	0.88	0.78	-0.71	0.62	0.39	0.08	0.97	0.17

Click cells to compare fundamentals

Whitecap Resources Account Relationship Matchups

Whitecap Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4B	3.4B	6.9B	9.5B	9.6B	10.1B
Total Current Liabilities	217.1M	165.5M	539.6M	754.2M	567.6M	596.0M
Total Stockholder Equity	2.9B	997.0M	3.7B	5.0B	5.5B	5.8B
Net Debt	1.3B	1.2B	1.1B	1.9B	1.4B	1.5B
Retained Earnings	(951.2M)	(2.9B)	(1.2B)	164.7M	655.1M	687.9M
Accounts Payable	183.6M	122.1M	400.4M	549.1M	509M	534.5M
Cash	(81.3M)	(71.6M)	(29.7M)	(29M)	(44.5M)	(42.3M)
Cash And Short Term Investments	(81.3M)	(71.6M)	(29.7M)	(29M)	32.9M	34.5M
Net Receivables	172.2M	116.0M	304.8M	480.2M	400.2M	420.2M
Common Stock Shares Outstanding	412M	408.4M	603.1M	621.1M	608.6M	639.0M
Liabilities And Stockholders Equity	5.4B	3.4B	6.9B	9.5B	9.6B	10.1B
Non Current Liabilities Total	2.2B	2.2B	2.6B	3.7B	3.6B	3.7B
Other Stockholder Equity	18.4M	13.0M	11M	12.2M	16.9M	16.1M
Total Liab	2.4B	2.4B	3.1B	4.5B	4.1B	4.3B
Total Current Assets	180.0M	150.6M	327.9M	972.4M	511.5M	537.1M
Short Term Investments	6.0M	30.2M	10.5M	22.7M	32.9M	18.7M
Short Long Term Debt Total	1.3B	1.2B	1.1B	1.9B	1.4B	729.1M
Property Plant And Equipment Net	5.1B	2.7B	6.5B	8.5B	9.0B	9.4B
Non Current Assets Total	5.2B	3.2B	6.6B	8.6B	9.1B	9.5B
Property Plant And Equipment Gross	5.1B	2.7B	11.4B	13.2B	14.4B	15.2B
Short Term Debt	(8.3M)	23.4M	4.7M	6.6M	7.8M	7.4M
Other Current Liab	4.4M	4.2M	134.5M	196.2M	48.5M	48.2M
Other Current Assets	7.8M	64.9M	33.6M	492.2M	78.4M	83.4M
Non Currrent Assets Other	4.1M	4.3M	10.4M	12.1M	124.7M	118.5M
Common Stock Total Equity	3.9B	3.9B	3.9B	3.9B	4.4B	3.2B
Inventory	(829K)	71.6M	1.0	29M	(11.6M)	(11.0M)
Common Stock	3.9B	3.9B	5.0B	4.9B	4.8B	3.7B
Other Liab	966.3M	1.1B	1.5B	1.9B	2.1B	1.1B
Net Tangible Assets	2.8B	997.0M	3.7B	5.0B	5.8B	3.1B
Long Term Debt	1.2B	1.1B	1.1B	1.8B	1.4B	1.2B
Property Plant Equipment	5.1B	2.7B	6.5B	8.5B	9.8B	5.2B
Other Assets	884K	504.1M	79.2M	12.1M	10.9M	10.3M
Long Term Debt Total	1.2B	1.2B	1.1B	1.9B	2.1B	1.3B
Capital Surpluse	18.4M	13.0M	11.0M	12.2M	11.0M	18.4M
Net Invested Capital	4.1B	2.1B	4.8B	6.9B	6.8B	5.3B

Pair Trading with Whitecap Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whitecap Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whitecap Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whitecap Resources to buy it.

The correlation of Whitecap Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Whitecap Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Whitecap Stock

Balance Sheet is a snapshot of the financial position of Whitecap Resources at a specified time, usually calculated after every quarter, six months, or one year. Whitecap Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Whitecap Resources 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 Whitecap currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Whitecap Stock Based Compensation vs Other Non Cash Items Analysis

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Other Non Cash Items

Whitecap Resources fundamental ratios Correlations

Whitecap Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Whitecap Resources fundamental ratios Accounts

Pair Trading with Whitecap Resources

Other Information on Investing in Whitecap Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities

Common Stock Total Equity	- 0.74	Short Term Debt
Common Stock	- 0.71	Short Term Debt
Inventory	- 0.67	Cash And Short Term Investments
Common Stock Total Equity	- 0.64	Cash
Cash	- 0.64	Net Debt
Short Term Debt	- 0.63	Net Debt