WRB Extraordinary Items vs Tax Provision Analysis

WRB Stock  USD 61.29  0.75  1.21%   
W R financial indicator trend analysis is more than just analyzing W R Berkley current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether W R Berkley is a good investment. Please check the relationship between W R Extraordinary Items and its Tax Provision accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in W R Berkley. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Extraordinary Items vs Tax Provision

Extraordinary Items vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of W R Berkley Extraordinary Items account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between W R's Extraordinary Items and Tax Provision is 0.49. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Tax Provision in the same time period over historical financial statements of W R Berkley, assuming nothing else is changed. The correlation between historical values of W R's Extraordinary Items and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of W R Berkley are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Extraordinary Items i.e., W R's Extraordinary Items and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Extraordinary Items

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from W R's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into W R Berkley 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 W R Berkley. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, W R's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.75, whereas Tax Provision is forecasted to decline to about 268.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue9.5B11.2B12.1B12.8B
Interest Expense147.2M130.4M127.5M82.3M

W R fundamental ratios Correlations

0.940.950.610.910.470.070.720.21-0.91.00.880.490.650.840.270.00.310.710.70.520.780.730.73-0.29-0.07
0.940.90.710.850.550.120.570.28-0.860.940.840.360.630.80.370.210.250.630.60.480.810.620.62-0.250.0
0.950.90.560.980.460.160.650.12-0.970.920.950.680.70.820.030.020.530.870.670.390.70.880.88-0.25-0.03
0.610.710.560.530.590.250.540.47-0.520.620.580.120.430.420.580.420.150.28-0.040.020.550.330.330.050.3
0.910.850.980.530.380.150.60.11-0.990.870.960.780.670.77-0.03-0.040.60.890.630.330.70.930.93-0.3-0.05
0.470.550.460.590.380.820.340.12-0.420.470.580.010.770.60.450.710.410.210.05-0.240.190.230.230.580.28
0.070.120.160.250.150.820.01-0.14-0.20.050.390.140.690.320.120.630.670.13-0.25-0.67-0.170.180.180.780.26
0.720.570.650.540.60.340.010.17-0.580.730.580.270.450.60.25-0.050.120.460.480.390.50.470.47-0.170.0
0.210.280.120.470.110.12-0.140.17-0.10.240.1-0.07-0.32-0.240.610.32-0.19-0.14-0.130.080.20.030.03-0.10.39
-0.9-0.86-0.97-0.52-0.99-0.42-0.2-0.58-0.1-0.87-0.96-0.75-0.7-0.80.0-0.02-0.61-0.88-0.64-0.32-0.73-0.9-0.90.270.04
1.00.940.920.620.870.470.050.730.24-0.870.850.440.620.830.330.00.240.650.70.550.790.680.68-0.3-0.08
0.880.840.950.580.960.580.390.580.1-0.960.850.730.780.780.060.140.70.830.50.140.640.880.88-0.060.03
0.490.360.680.120.780.010.140.27-0.07-0.750.440.730.430.37-0.45-0.250.820.850.35-0.040.320.930.93-0.22-0.04
0.650.630.70.430.670.770.690.45-0.32-0.70.620.780.430.890.060.30.670.620.38-0.050.360.570.570.3-0.03
0.840.80.820.420.770.60.320.6-0.24-0.80.830.780.370.890.130.090.390.680.70.420.590.590.59-0.08-0.2
0.270.370.030.58-0.030.450.120.250.610.00.330.06-0.450.060.130.41-0.37-0.37-0.160.110.3-0.3-0.30.110.19
0.00.210.020.42-0.040.710.63-0.050.32-0.020.00.14-0.250.30.090.410.17-0.07-0.26-0.39-0.1-0.1-0.10.670.61
0.310.250.530.150.60.410.670.12-0.19-0.610.240.70.820.670.39-0.370.170.70.07-0.450.050.770.770.30.13
0.710.630.870.280.890.210.130.46-0.14-0.880.650.830.850.620.68-0.37-0.070.70.610.250.430.940.94-0.23-0.01
0.70.60.67-0.040.630.05-0.250.48-0.13-0.640.70.50.350.380.7-0.16-0.260.070.610.790.580.520.52-0.5-0.34
0.520.480.390.020.33-0.24-0.670.390.08-0.320.550.14-0.04-0.050.420.11-0.39-0.450.250.790.540.130.13-0.76-0.4
0.780.810.70.550.70.19-0.170.50.2-0.730.790.640.320.360.590.3-0.10.050.430.580.540.460.46-0.53-0.25
0.730.620.880.330.930.230.180.470.03-0.90.680.880.930.570.59-0.3-0.10.770.940.520.130.461.0-0.190.05
0.730.620.880.330.930.230.180.470.03-0.90.680.880.930.570.59-0.3-0.10.770.940.520.130.461.0-0.190.05
-0.29-0.25-0.250.05-0.30.580.78-0.17-0.10.27-0.3-0.06-0.220.3-0.080.110.670.3-0.23-0.5-0.76-0.53-0.19-0.190.6
-0.070.0-0.030.3-0.050.280.260.00.390.04-0.080.03-0.04-0.03-0.20.190.610.13-0.01-0.34-0.4-0.250.050.050.6
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W R Account Relationship Matchups

W R fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.8B34.9B32.1B33.9B32.9B34.6B
Short Long Term Debt Total2.6B2.7B3.3B2.8B2.8B3.0B
Total Stockholder Equity6.1B6.3B6.7B6.7B7.5B7.8B
Net Debt1.6B353.0M1.7B1.4B1.5B1.5B
Retained Earnings7.9B8.3B9.0B10.2B11.0B11.6B
Non Current Assets Total15.7B15.7B19.3B949.4M26.1B27.4B
Non Currrent Assets Other(17.7M)(29.1M)(57.4M)(19.7B)21.4B22.5B
Common Stock Shares Outstanding435.4M424.7M419.6M419.2M409.9M397.9M
Liabilities And Stockholders Equity32.8B34.9B32.1B33.9B32.9B34.6B
Non Current Liabilities Total2.6B2.8B3.3B27.1B9.5B9.1B
Other Stockholder Equity(1.7B)(2.0B)(2.2B)(2.3B)(2.8B)(2.6B)
Total Liab26.6B28.6B25.4B27.1B25.4B26.7B
Property Plant And Equipment Net422.1M405.9M419.9M423.2M603.3M633.5M
Other Assets11.0B11.1B4.8B29.7B36.5B38.3B
Net Receivables4.6B5.1B5.5B109.8M6.9B7.3B
Total Current Assets6.1B8.1B8.0B3.3B6.9B7.2B
Intangible Assets268.7M262.7M254.7M287.5M119M236.6M
Other Current Liab(360.3M)(467.4M)12.9B(557.5M)15.3B9.2B
Total Current Liabilities360.3M426.1M515.0M39.1M16.0B16.7B
Accounts Payable360.3M426.1M568.6M523.1M631.2M662.7M
Cash1.0B2.4B1.6B1.4B1.4B840.7M
Cash And Short Term Investments1.5B3.0B2.5B2.6B317.6M301.7M
Good Will178.9M173.0M169.7M185.5M174.6M120.7M
Accumulated Other Comprehensive Income(257.3M)(62.2M)(282.0M)(1.3B)(925.8M)(879.5M)
Inventory(3.6B)(6.8B)(5.8B)(11.8B)(408.9M)(429.4M)
Other Current Assets3.6B648.4M5.8B6.2B6.9B8.0B
Property Plant And Equipment Gross423.0M416.4M422.1M405.9M466.8M267.2M
Short Term Debt299.8M50.5M472.0M52.0M57.2M54.4M
Other Liab1.0B1.0B1.1B1.2B1.4B1.5B
Long Term Debt1.2B1.1B1.2M1.0B2.8B3.0B
Short Term Investments480.6M625.7M941.2M1.2B1.9B2.0B
Treasury Stock(2.7B)(3.1B)(3.2B)(3.3B)(2.9B)(2.8B)
Property Plant Equipment422.1M405.9M419.9M423.2M486.7M306.4M
Net Tangible Assets5.9B6.1B6.5B6.6B7.5B5.6B
Noncontrolling Interest In Consolidated Entity43.4M15.0M14.7M19.8M22.8M29.2M
Retained Earnings Total Equity7.9B8.3B9.0B10.2B11.7B7.0B
Long Term Debt Total1.2B1.1B1.2M1.0B1.2B720.5M

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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 W R Berkley offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of W R'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 W R Berkley Stock. Outlined below are crucial reports that will aid in making a well-informed decision on W R Berkley Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in W R Berkley. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Property & Casualty Insurance 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 W R. If investors know WRB 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 W R 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
0.11
Dividend Share
0.307
Earnings Share
3.9
Revenue Per Share
32.89
Quarterly Revenue Growth
0.122
The market value of W R Berkley is measured differently than its book value, which is the value of WRB that is recorded on the company's balance sheet. Investors also form their own opinion of W R's value that differs from its market value or its book value, called intrinsic value, which is W R'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 W R's market value can be influenced by many factors that don't directly affect W R'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 W R's value and its price as these two are different measures arrived at by different means. Investors typically determine if W R is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, W R'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.