Wheaton Long Term Debt vs Short Term Debt Analysis

WPM Stock   4,940  90.00  1.86%   
Wheaton Precious financial indicator trend analysis is more than just analyzing Wheaton Precious Metals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wheaton Precious Metals is a good investment. Please check the relationship between Wheaton Precious Long Term Debt and its Short Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. 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 economic analysis.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheaton Precious Metals Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wheaton Precious' Long Term Debt and Short Term Debt is 0.51. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Wheaton Precious Metals, assuming nothing else is changed. The correlation between historical values of Wheaton Precious' Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Wheaton Precious Metals are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Wheaton Precious' Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Wheaton Precious Metals has held for over one year. Long-term debt appears on Wheaton Precious Metals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Wheaton Precious Metals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from Wheaton Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wheaton Precious Metals 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 Wheaton Precious Metals. 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 economic analysis.
The current year's Selling General Administrative is expected to grow to about 48.5 M. The current year's Tax Provision is expected to grow to about 1.5 M
 2021 2022 2023 2024 (projected)
Gross Profit658.9M565.5M787.9M409.6M
Total Revenue1.2B1.1B1.0B753.8M

Wheaton Precious fundamental ratios Correlations

-0.230.960.880.070.490.230.990.570.230.480.780.150.25-0.370.130.250.640.19-0.33-0.470.840.220.820.930.84
-0.23-0.21-0.28-0.24-0.10.12-0.25-0.140.120.250.11-0.150.170.93-0.080.120.17-0.260.980.54-0.270.060.06-0.130.22
0.96-0.210.79-0.190.410.390.930.640.390.650.7-0.120.24-0.36-0.140.410.64-0.08-0.31-0.480.930.160.860.920.78
0.88-0.280.790.330.47-0.050.910.25-0.050.240.870.370.27-0.360.36-0.030.370.41-0.38-0.520.590.240.770.90.77
0.07-0.24-0.190.330.15-0.780.17-0.29-0.78-0.710.150.960.04-0.150.95-0.78-0.130.96-0.25-0.18-0.380.2-0.240.020.04
0.49-0.10.410.470.150.290.460.120.290.110.60.3-0.11-0.290.30.290.360.33-0.220.120.37-0.010.310.330.56
0.230.120.39-0.05-0.780.290.110.41.00.630.16-0.6-0.07-0.05-0.591.00.38-0.580.130.340.57-0.080.320.140.25
0.99-0.250.930.910.170.460.110.540.110.410.770.230.26-0.370.210.130.610.27-0.36-0.530.780.230.790.930.82
0.57-0.140.640.25-0.290.120.40.540.40.420.13-0.23-0.16-0.17-0.250.40.77-0.21-0.15-0.080.73-0.080.420.440.35
0.230.120.39-0.05-0.780.291.00.110.40.630.16-0.6-0.07-0.05-0.591.00.38-0.580.130.340.57-0.080.320.140.25
0.480.250.650.24-0.710.110.630.410.420.630.35-0.660.390.04-0.650.660.5-0.660.18-0.20.730.180.740.490.49
0.780.110.70.870.150.60.160.770.130.160.350.270.25-0.020.280.180.420.27-0.01-0.170.490.20.80.820.9
0.15-0.15-0.120.370.960.3-0.60.23-0.23-0.6-0.660.270.01-0.11.0-0.6-0.020.99-0.16-0.03-0.310.22-0.180.060.18
0.250.170.240.270.04-0.11-0.070.26-0.16-0.070.390.250.01-0.060.03-0.030.190.020.16-0.380.110.790.470.330.19
-0.370.93-0.36-0.36-0.15-0.29-0.05-0.37-0.17-0.050.04-0.02-0.1-0.06-0.03-0.060.0-0.210.940.54-0.41-0.11-0.12-0.250.08
0.13-0.08-0.140.360.950.3-0.590.21-0.25-0.59-0.650.281.00.03-0.03-0.59-0.010.98-0.090.01-0.330.22-0.180.050.2
0.250.120.41-0.03-0.780.291.00.130.41.00.660.18-0.6-0.03-0.06-0.590.39-0.580.130.310.59-0.030.350.150.27
0.640.170.640.37-0.130.360.380.610.770.380.50.42-0.020.190.0-0.010.39-0.020.13-0.030.650.340.560.490.64
0.19-0.26-0.080.410.960.33-0.580.27-0.21-0.58-0.660.270.990.02-0.210.98-0.58-0.02-0.27-0.09-0.260.23-0.160.080.16
-0.330.98-0.31-0.38-0.25-0.220.13-0.36-0.150.130.18-0.01-0.160.160.94-0.090.130.13-0.270.61-0.340.07-0.04-0.240.09
-0.470.54-0.48-0.52-0.180.120.34-0.53-0.080.34-0.2-0.17-0.03-0.380.540.010.31-0.03-0.090.61-0.41-0.31-0.39-0.5-0.19
0.84-0.270.930.59-0.380.370.570.780.730.570.730.49-0.310.11-0.41-0.330.590.65-0.26-0.34-0.410.090.750.710.64
0.220.060.160.240.2-0.01-0.080.23-0.08-0.080.180.20.220.79-0.110.22-0.030.340.230.07-0.310.090.320.180.21
0.820.060.860.77-0.240.310.320.790.420.320.740.8-0.180.47-0.12-0.180.350.56-0.16-0.04-0.390.750.320.880.78
0.93-0.130.920.90.020.330.140.930.440.140.490.820.060.33-0.250.050.150.490.08-0.24-0.50.710.180.880.78
0.840.220.780.770.040.560.250.820.350.250.490.90.180.190.080.20.270.640.160.09-0.190.640.210.780.78
Click cells to compare fundamentals

Wheaton Precious Account Relationship Matchups

Wheaton Precious fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B6.0B6.3B6.8B7.0B7.4B
Total Current Liabilities64.7M31.2M29.7M30.7M26.1M40.0M
Total Stockholder Equity5.3B5.7B6.3B6.7B7.0B7.3B
Property Plant And Equipment Net5.8B5.5B6.0B5.8B6.1B3.5B
Net Debt774.8M6.0M(223.2M)(694.1M)(540.3M)(513.3M)
Accounts Payable11.8M13.0M13.9M12.6M13.5M14.2M
Cash104.0M192.7M226.0M696.1M546.5M573.9M
Non Current Assets Total6.1B5.8B6.0B6.0B6.5B6.8B
Non Currrent Assets Other4.5M5.0M6.9M18.1M66.4M76.0M
Cash And Short Term Investments104.0M192.7M226.0M696.1M546.5M573.9M
Net Receivables7.6M5.4M11.2M9.2M9.3M9.8M
Common Stock Shares Outstanding446.9M450.1M451.2M452.3M453.5M294.7M
Liabilities And Stockholders Equity6.3B6.0B6.3B6.8B7.0B7.4B
Non Current Liabilities Total887.4M211.5M16.3M11.5M19.6M18.6M
Inventory41.5M2.4M8.7M10.5M1.4M1.3M
Other Stockholder Equity160.7M126.9M47.0M66.5M76.5M72.7M
Total Liab952.1M242.7M46.0M42.2M45.7M43.4M
Total Current Assets154.8M201.8M249.7M720.1M567.4M595.8M
Intangible Assets4.9M3.0M2.7M2.3M6.4M6.7M
Short Long Term Debt Total878.8M198.6M2.9M2.0M6.2M5.9M
Other Current Liab41.5M76K136K14.6M12.0M17.1M
Short Term Debt(9.9M)(16.5M)(14.0M)818K604K573.8K
Retained Earnings1.6B1.9B2.5B2.9B3.2B3.4B
Other Current Assets46.4M3.7M3.8M4.3M10.2M5.3M
Other Assets65.6M54.8M64.4M63.6M73.2M46.4M
Accumulated Other Comprehensive Income160.7M126.9M47.0M66.5M(40.1M)(38.1M)
Common Stock3.6B3.6B3.7B3.8B3.8B3.2B
Other Liab9.4M13.7M14.3M10.4M11.9M8.8M
Net Tangible Assets5.3B5.7B6.2B6.7B7.7B6.1B
Long Term Debt770M1.3B874.5M195M175.5M166.7M
Long Term Investments310.6M199.9M61.5M255.5M246.7M193.2M
Property Plant Equipment5.7B5.5B5.9B5.7B5.1B4.6B
Net Invested Capital6.2B5.9B6.3B6.7B7.0B6.9B
Net Working Capital90.1M170.7M220.0M689.4M541.3M291.3M
Deferred Long Term Liab5.2M5.2M5.6M5.8M6.6M6.0M
Capital Stock3.6B3.6B3.7B3.8B3.8B4.0B

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When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' 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 Wheaton Precious' future performance. For an informed investment choice regarding Wheaton 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 Wheaton Precious Metals. 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 economic analysis.
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Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' 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.