Western Cash Per Share vs Operating Cash Flow Per Share Analysis

WRG Stock  CAD 2.84  0.17  6.37%   
Western Energy financial indicator trend analysis is more than just analyzing Western Energy Services current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Energy Services is a good investment. Please check the relationship between Western Energy Cash Per Share and its Operating Cash Flow Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Energy Services. 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.

Cash Per Share vs Operating Cash Flow Per Share

Cash Per Share vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Energy Services Cash Per Share account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Western Energy's Cash Per Share and Operating Cash Flow Per Share is 0.62. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Western Energy Services, assuming nothing else is changed. The correlation between historical values of Western Energy's Cash Per Share and Operating Cash Flow 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 Cash Per Share of Western Energy Services are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Cash Per Share i.e., Western Energy's Cash Per Share and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash Per Share

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Western Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Energy Services 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 Energy Services. 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.
At this time, Western Energy's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 2nd of December 2024, Enterprise Value Multiple is likely to grow to 4.86, while Selling General Administrative is likely to drop about 14.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue131.7M200.3M233.5M180.1M
Depreciation And Amortization42.0M40.1M42.2M36.1M

Western Energy fundamental ratios Correlations

0.820.830.970.980.720.560.510.691.00.440.73-0.210.14-0.030.950.260.910.80.760.64-0.260.440.910.580.14
0.820.920.880.720.40.730.290.430.790.260.61-0.160.310.140.670.170.890.450.920.4-0.120.170.60.38-0.2
0.830.920.870.760.520.510.590.430.810.340.54-0.110.30.120.710.360.860.550.90.590.020.420.630.520.09
0.970.880.870.920.550.640.470.60.950.380.73-0.110.250.10.830.260.940.620.870.62-0.260.390.770.530.04
0.980.720.760.920.790.440.540.710.990.420.69-0.20.07-0.090.970.280.830.860.640.68-0.270.520.950.630.26
0.720.40.520.550.790.040.430.420.760.30.33-0.32-0.08-0.240.870.220.450.960.30.680.060.580.870.640.44
0.560.730.510.640.440.04-0.090.380.520.260.64-0.520.290.230.4-0.40.70.10.7-0.14-0.39-0.450.35-0.25-0.68
0.510.290.590.470.540.43-0.090.420.520.490.20.17-0.09-0.170.510.480.410.480.350.51-0.190.640.460.530.58
0.690.430.430.60.710.420.380.420.680.560.84-0.23-0.04-0.190.740.110.670.620.260.25-0.470.210.740.220.16
1.00.790.810.950.990.760.520.520.680.420.7-0.210.13-0.040.960.260.870.820.720.66-0.260.470.920.60.17
0.440.260.340.380.420.30.260.490.560.420.48-0.20.04-0.10.470.020.480.40.30.15-0.340.120.460.160.01
0.730.610.540.730.690.330.640.20.840.70.48-0.340.310.180.67-0.030.840.480.550.31-0.260.060.640.1-0.16
-0.21-0.16-0.11-0.11-0.2-0.32-0.520.17-0.23-0.21-0.2-0.34-0.11-0.08-0.310.66-0.17-0.26-0.110.250.010.5-0.280.460.39
0.140.310.30.250.07-0.080.29-0.09-0.040.130.040.31-0.110.960.0-0.080.22-0.110.470.240.36-0.02-0.060.05-0.35
-0.030.140.120.1-0.09-0.240.23-0.17-0.19-0.04-0.10.18-0.080.96-0.19-0.160.06-0.290.350.10.37-0.12-0.23-0.09-0.4
0.950.670.710.830.970.870.40.510.740.960.470.67-0.310.0-0.190.220.770.940.550.61-0.240.460.990.580.25
0.260.170.360.260.280.22-0.40.480.110.260.02-0.030.66-0.08-0.160.220.210.270.190.620.320.790.220.770.68
0.910.890.860.940.830.450.70.410.670.870.480.84-0.170.220.060.770.210.560.860.49-0.230.260.720.38-0.08
0.80.450.550.620.860.960.10.480.620.820.40.48-0.26-0.11-0.290.940.270.560.310.66-0.080.580.950.660.44
0.760.920.90.870.640.30.70.350.260.720.30.55-0.110.470.350.550.190.860.310.46-0.020.20.460.35-0.22
0.640.40.590.620.680.68-0.140.510.250.660.150.310.250.240.10.610.620.490.660.460.280.90.570.870.62
-0.26-0.120.02-0.26-0.270.06-0.39-0.19-0.47-0.26-0.34-0.260.010.360.37-0.240.32-0.23-0.08-0.020.280.21-0.270.130.2
0.440.170.420.390.520.58-0.450.640.210.470.120.060.5-0.02-0.120.460.790.260.580.20.90.210.460.920.84
0.910.60.630.770.950.870.350.460.740.920.460.64-0.28-0.06-0.230.990.220.720.950.460.57-0.270.460.590.26
0.580.380.520.530.630.64-0.250.530.220.60.160.10.460.05-0.090.580.770.380.660.350.870.130.920.590.64
0.14-0.20.090.040.260.44-0.680.580.160.170.01-0.160.39-0.35-0.40.250.68-0.080.44-0.220.620.20.840.260.64
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Western Energy Account Relationship Matchups

Western Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets550.5M495.6M456.0M475.7M442.9M409.3M
Other Current Liab16.4M14.2M13.4M12.5M15.1M18.1M
Total Current Liabilities32.4M27.5M38.1M39.6M30.6M27.6M
Total Stockholder Equity265.3M220.8M184.5M300.6M293.4M226.2M
Property Plant And Equipment Net511.1M452.0M415.2M413.8M392.2M346.1M
Net Debt229.1M222.7M232.9M122.8M102.9M114.1M
Retained Earnings(219.1M)(260.3M)(296.5M)(267.5M)(274.7M)(260.9M)
Accounts Payable11.1M8.9M11.2M22.0M11.5M9.4M
Cash4.0M19.3M7.5M8.9M5.9M5.6M
Non Current Assets Total511.1M452.1M415.7M414.2M392.2M360.1M
Non Currrent Assets Other388K58K89K324K116K110.2K
Cash And Short Term Investments4.0M19.3M7.5M8.9M6.1M5.8M
Common Stock Shares Outstanding8.7M8.6M761.4K23.6M33.8M35.5M
Liabilities And Stockholders Equity550.5M495.6M456.0M475.7M442.9M409.3M
Other Current Assets2.8M2.9M3.2M1.2M3.3M2.8M
Other Stockholder Equity15.5M15.7M15.8M17.7M20.4M32.0M
Total Liab283.4M273.2M269.5M173.2M147.3M182.2M
Property Plant And Equipment Gross511.1M452.0M1.0B1.1B1.1B1.1B
Total Current Assets39.4M43.5M40.4M61.5M50.7M49.2M
Short Long Term Debt Total233.2M242.0M240.4M131.7M115.2M151.7M
Net Receivables29.5M18.2M26.7M47.4M33.1M33.4M
Short Term Debt4.9M4.4M13.5M5.2M4.0M4.6M
Common Stock441.8M441.5M441.7M521.5M521.6M444.0M
Accumulated Other Comprehensive Income27.2M24.0M23.5M28.8M26.1M13.8M
Non Current Liabilities Total251.0M245.7M231.4M133.6M116.7M193.3M
Inventory3.1M3.1M3.6M4.1M3.6M2.4M
Short Term Investments387K355K211K226K203K192.9K
Other Liab22.8M8.0M4.5M7.0M6.3M6.0M
Net Tangible Assets265.3M220.8M184.5M300.6M270.5M286.8M
Other Assets58K89K405K324K291.6K277.0K
Long Term Debt220.1M231.8M221.7M123.6M109.3M177.9M
Deferred Long Term Liab388K58K89K117K105.3K100.0K
Short Long Term Debt867K632K7.1M496K493K468.4K
Property Plant Equipment511.1M452.0M415.2M413.8M372.5M492.3M
Long Term Debt Total228.3M237.6M226.9M126.5M113.9M179.5M
Capital Surpluse15.5M15.7M15.8M17.7M20.3M16.8M
Net Invested Capital484.6M451.9M413.3M423.7M402.2M388.5M
Cash And Equivalents4.0M19.3M7.5M8.9M8.0M12.3M

Other Information on Investing in Western Stock

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