Western Dividend Yield vs Cash Per Share Analysis

WES Stock

USD 39.63 0.89 2.30%

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

Dividend Yield vs Cash Per Share

Dividend Yield vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Midstream Dividend Yield account and Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Western Midstream's Dividend Yield and Cash Per Share is -0.36. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Western Midstream Partners, assuming nothing else is changed. The correlation between historical values of Western Midstream's Dividend Yield and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Western Midstream Partners are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Dividend Yield i.e., Western Midstream's Dividend Yield and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Dividend Yield

Dividend Yield is Western Midstream Partners dividend as a percentage of Western Midstream stock price. Western Midstream dividend yield is a measure of Western Midstream stock productivity, which can be interpreted as interest rate earned on an Western Midstream investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Cash Per Share

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

At this time, Western Midstream's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	2.2B	2.2B	2.3B
Total Revenue	2.9B	3.3B	3.1B	1.7B

Gross Profit Total Revenue

Western Midstream fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Good Will	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Common Stock Shares Outstanding	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total
Total Assets		0.66	0.71	0.34	0.78	0.77	0.27	0.46	0.11	0.18	0.87	0.79	0.89	0.91	0.99	0.88	1.0	0.59	0.97	0.24	0.72	0.97	0.45	-0.14	0.64	0.93
Other Current Liab	0.66		0.88	0.19	0.78	0.64	0.57	0.35	-0.43	0.56	0.83	0.28	0.81	0.72	0.71	0.79	0.65	0.37	0.69	0.56	0.87	0.7	-0.07	-0.27	0.92	0.66
Total Current Liabilities	0.71	0.88		0.15	0.86	0.82	0.32	0.27	-0.44	0.71	0.91	0.4	0.9	0.71	0.78	0.89	0.72	0.3	0.75	0.32	0.97	0.76	-0.03	-0.28	0.9	0.69
Total Stockholder Equity	0.34	0.19	0.15		-0.04	0.03	0.19	0.07	0.14	-0.06	0.2	0.43	0.27	0.46	0.31	0.22	0.33	0.26	0.26	0.18	0.22	0.24	0.25	0.34	0.23	0.44
Other Liab	0.78	0.78	0.86	-0.04		0.83	0.15	0.26	-0.14	0.53	0.91	0.55	0.9	0.7	0.81	0.91	0.8	0.33	0.81	0.14	0.88	0.82	0.16	-0.28	0.75	0.74
Accounts Payable	0.77	0.64	0.82	0.03	0.83		0.05	0.21	-0.04	0.44	0.86	0.54	0.87	0.64	0.81	0.86	0.8	0.27	0.78	0.04	0.79	0.78	0.35	-0.15	0.64	0.79
Cash	0.27	0.57	0.32	0.19	0.15	0.05		0.46	-0.38	0.28	0.27	0.01	0.24	0.38	0.27	0.21	0.21	0.17	0.27	1.0	0.33	0.28	-0.31	-0.15	0.65	0.25
Other Assets	0.46	0.35	0.27	0.07	0.26	0.21	0.46		-0.02	0.08	0.41	0.35	0.37	0.47	0.45	0.4	0.45	0.58	0.51	0.46	0.24	0.49	0.09	-0.22	0.36	0.48
Good Will	0.11	-0.43	-0.44	0.14	-0.14	-0.04	-0.38	-0.02		-0.64	-0.18	0.52	-0.09	-0.12	0.0	-0.12	0.12	0.04	-0.03	-0.41	-0.4	-0.05	0.65	0.63	-0.48	0.17
Other Current Assets	0.18	0.56	0.71	-0.06	0.53	0.44	0.28	0.08	-0.64		0.53	-0.08	0.49	0.22	0.28	0.51	0.2	-0.22	0.28	0.31	0.75	0.3	-0.35	-0.25	0.74	0.22
Total Liab	0.87	0.83	0.91	0.2	0.91	0.86	0.27	0.41	-0.18	0.53		0.58	0.99	0.84	0.91	1.0	0.89	0.52	0.92	0.26	0.92	0.92	0.31	-0.33	0.83	0.84
Intangible Assets	0.79	0.28	0.4	0.43	0.55	0.54	0.01	0.35	0.52	-0.08	0.58		0.64	0.59	0.72	0.61	0.8	0.38	0.68	-0.03	0.44	0.67	0.46	0.28	0.32	0.81
Property Plant Equipment	0.89	0.81	0.9	0.27	0.9	0.87	0.24	0.37	-0.09	0.49	0.99	0.64		0.84	0.92	0.99	0.91	0.47	0.9	0.23	0.91	0.9	0.34	-0.19	0.81	0.86
Common Stock Shares Outstanding	0.91	0.72	0.71	0.46	0.7	0.64	0.38	0.47	-0.12	0.22	0.84	0.59	0.84		0.93	0.84	0.9	0.69	0.93	0.36	0.71	0.92	0.34	-0.29	0.69	0.82
Property Plant And Equipment Net	0.99	0.71	0.78	0.31	0.81	0.81	0.27	0.45	0.0	0.28	0.91	0.72	0.92	0.93		0.91	0.99	0.58	0.99	0.24	0.78	0.99	0.41	-0.22	0.69	0.92
Net Debt	0.88	0.79	0.89	0.22	0.91	0.86	0.21	0.4	-0.12	0.51	1.0	0.61	0.99	0.84	0.91		0.9	0.52	0.92	0.2	0.9	0.92	0.37	-0.29	0.79	0.85
Non Current Assets Total	1.0	0.65	0.72	0.33	0.8	0.8	0.21	0.45	0.12	0.2	0.89	0.8	0.91	0.9	0.99	0.9		0.6	0.97	0.18	0.73	0.97	0.48	-0.14	0.63	0.94
Non Currrent Assets Other	0.59	0.37	0.3	0.26	0.33	0.27	0.17	0.58	0.04	-0.22	0.52	0.38	0.47	0.69	0.58	0.52	0.6		0.66	0.16	0.22	0.65	0.51	-0.48	0.22	0.53
Long Term Debt	0.97	0.69	0.75	0.26	0.81	0.78	0.27	0.51	-0.03	0.28	0.92	0.68	0.9	0.93	0.99	0.92	0.97	0.66		0.25	0.75	1.0	0.45	-0.33	0.68	0.9
Cash And Short Term Investments	0.24	0.56	0.32	0.18	0.14	0.04	1.0	0.46	-0.41	0.31	0.26	-0.03	0.23	0.36	0.24	0.2	0.18	0.16	0.25		0.33	0.26	-0.34	-0.18	0.65	0.22
Net Receivables	0.72	0.87	0.97	0.22	0.88	0.79	0.33	0.24	-0.4	0.75	0.92	0.44	0.91	0.71	0.78	0.9	0.73	0.22	0.75	0.33		0.76	-0.01	-0.25	0.93	0.72
Non Current Liabilities Total	0.97	0.7	0.76	0.24	0.82	0.78	0.28	0.49	-0.05	0.3	0.92	0.67	0.9	0.92	0.99	0.92	0.97	0.65	1.0	0.26	0.76		0.42	-0.35	0.69	0.89
Inventory	0.45	-0.07	-0.03	0.25	0.16	0.35	-0.31	0.09	0.65	-0.35	0.31	0.46	0.34	0.34	0.41	0.37	0.48	0.51	0.45	-0.34	-0.01	0.42		0.04	-0.14	0.47
Other Stockholder Equity	-0.14	-0.27	-0.28	0.34	-0.28	-0.15	-0.15	-0.22	0.63	-0.25	-0.33	0.28	-0.19	-0.29	-0.22	-0.29	-0.14	-0.48	-0.33	-0.18	-0.25	-0.35	0.04		-0.26	-0.01
Total Current Assets	0.64	0.92	0.9	0.23	0.75	0.64	0.65	0.36	-0.48	0.74	0.83	0.32	0.81	0.69	0.69	0.79	0.63	0.22	0.68	0.65	0.93	0.69	-0.14	-0.26		0.64
Short Long Term Debt Total	0.93	0.66	0.69	0.44	0.74	0.79	0.25	0.48	0.17	0.22	0.84	0.81	0.86	0.82	0.92	0.85	0.94	0.53	0.9	0.22	0.72	0.89	0.47	-0.01	0.64

Click cells to compare fundamentals

Western Midstream Account Relationship Matchups

Western Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.3B	11.8B	11.3B	11.3B	12.5B	6.9B
Other Current Liab	165.3M	279.9M	280.4M	221.0M	292.8M	307.5M
Total Current Liabilities	486.0M	960.9M	1.1B	903.9M	1.3B	1.4B
Total Stockholder Equity	3.3B	2.9B	3.1B	3.1B	2.9B	1.9B
Other Liab	560.6M	558.0M	601.1M	656.8M	755.3M	793.0M
Accounts Payable	293.1M	210.7M	326.1M	360.6M	362.5M	380.6M
Cash	100.0M	444.9M	202.0M	286.7M	272.8M	187.6M
Other Assets	334.2M	1.4B	87.0M	80.8M	92.9M	88.3M
Other Current Assets	93K	17.9M	1.9M	19.7M	35.8M	37.6M
Total Liab	9.0B	8.9B	8.2B	8.2B	9.4B	9.9B
Intangible Assets	809.4M	776.4M	744.7M	713.1M	681.4M	494.9M
Property Plant Equipment	9.1B	8.7B	8.5B	8.5B	9.8B	10.3B
Common Stock Shares Outstanding	415.8M	435.6M	411.3M	396.2M	384.4M	248.2M
Property Plant And Equipment Net	9.1B	8.7B	8.5B	8.5B	9.7B	5.6B
Net Debt	7.9B	7.0B	6.2B	6.5B	7.7B	8.1B
Non Current Assets Total	11.9B	10.9B	10.6B	10.4B	11.5B	7.2B
Non Currrent Assets Other	2.6B	2.2B	2.1B	152.6M	149.2M	141.7M
Long Term Debt	8.0B	7.4B	6.4B	6.6B	7.3B	3.9B
Cash And Short Term Investments	100.0M	444.9M	202.0M	286.7M	272.8M	199.3M
Net Receivables	272.3M	471.2M	467.1M	590.3M	681.3M	715.4M
Liabilities And Stockholders Equity	12.3B	11.8B	11.3B	11.3B	12.5B	7.4B
Non Current Liabilities Total	8.5B	8.0B	7.0B	7.3B	8.1B	4.2B
Inventory	24.4M	882K	3.4M	3.8M	2.6M	2.4M
Other Stockholder Equity	149.6M	134.1M	137.7M	136.4M	3.0B	2.5B
Total Current Assets	402.4M	943.1M	684.8M	900.4M	992.4M	1.0B
Short Long Term Debt Total	8.0B	7.9B	6.9B	6.8B	8.0B	5.3B
Noncontrolling Interest In Consolidated Entity	2.6B	149.6M	134.1M	137.7M	158.3M	150.4M
Short Term Investments	566.2M	845.3M	1.3B	1.2B	1.4B	1.5B
Deferred Long Term Liab	18.9M	22.2M	12.4M	14.4M	16.6M	9.0M
Common Stock	3.2B	2.8B	3.0B	3.0B	2.9B	2.1B
Net Tangible Assets	1.9B	2.1B	2.2B	2.4B	2.7B	2.3B
Long Term Debt Total	8.0B	7.4B	6.4B	6.6B	7.6B	5.4B
Long Term Investments	1.5B	1.2B	1.2B	944.7M	904.5M	1.1B
Property Plant And Equipment Gross	9.1B	8.7B	12.8B	13.4B	14.9B	9.1B
Non Current Liabilities Other	544.7M	535.9M	325.8M	675.7M	480.2M	404.8M
Accumulated Depreciation	(3.3B)	(3.9B)	(4.3B)	(4.8B)	(4.3B)	(4.6B)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.

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