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 Direction | Positive |
Relationship Strength | Significant |
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 Revenue | 131.7M | 200.3M | 233.5M | 180.1M | Depreciation And Amortization | 42.0M | 40.1M | 42.2M | 36.1M |
Western Energy fundamental ratios Correlations
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Western Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 550.5M | 495.6M | 456.0M | 475.7M | 442.9M | 409.3M | |
Other Current Liab | 16.4M | 14.2M | 13.4M | 12.5M | 15.1M | 18.1M | |
Total Current Liabilities | 32.4M | 27.5M | 38.1M | 39.6M | 30.6M | 27.6M | |
Total Stockholder Equity | 265.3M | 220.8M | 184.5M | 300.6M | 293.4M | 226.2M | |
Property Plant And Equipment Net | 511.1M | 452.0M | 415.2M | 413.8M | 392.2M | 346.1M | |
Net Debt | 229.1M | 222.7M | 232.9M | 122.8M | 102.9M | 114.1M | |
Retained Earnings | (219.1M) | (260.3M) | (296.5M) | (267.5M) | (274.7M) | (260.9M) | |
Accounts Payable | 11.1M | 8.9M | 11.2M | 22.0M | 11.5M | 9.4M | |
Cash | 4.0M | 19.3M | 7.5M | 8.9M | 5.9M | 5.6M | |
Non Current Assets Total | 511.1M | 452.1M | 415.7M | 414.2M | 392.2M | 360.1M | |
Non Currrent Assets Other | 388K | 58K | 89K | 324K | 116K | 110.2K | |
Cash And Short Term Investments | 4.0M | 19.3M | 7.5M | 8.9M | 6.1M | 5.8M | |
Common Stock Shares Outstanding | 8.7M | 8.6M | 761.4K | 23.6M | 33.8M | 35.5M | |
Liabilities And Stockholders Equity | 550.5M | 495.6M | 456.0M | 475.7M | 442.9M | 409.3M | |
Other Current Assets | 2.8M | 2.9M | 3.2M | 1.2M | 3.3M | 2.8M | |
Other Stockholder Equity | 15.5M | 15.7M | 15.8M | 17.7M | 20.4M | 32.0M | |
Total Liab | 283.4M | 273.2M | 269.5M | 173.2M | 147.3M | 182.2M | |
Property Plant And Equipment Gross | 511.1M | 452.0M | 1.0B | 1.1B | 1.1B | 1.1B | |
Total Current Assets | 39.4M | 43.5M | 40.4M | 61.5M | 50.7M | 49.2M | |
Short Long Term Debt Total | 233.2M | 242.0M | 240.4M | 131.7M | 115.2M | 151.7M | |
Net Receivables | 29.5M | 18.2M | 26.7M | 47.4M | 33.1M | 33.4M | |
Short Term Debt | 4.9M | 4.4M | 13.5M | 5.2M | 4.0M | 4.6M | |
Common Stock | 441.8M | 441.5M | 441.7M | 521.5M | 521.6M | 444.0M | |
Accumulated Other Comprehensive Income | 27.2M | 24.0M | 23.5M | 28.8M | 26.1M | 13.8M | |
Non Current Liabilities Total | 251.0M | 245.7M | 231.4M | 133.6M | 116.7M | 193.3M | |
Inventory | 3.1M | 3.1M | 3.6M | 4.1M | 3.6M | 2.4M | |
Short Term Investments | 387K | 355K | 211K | 226K | 203K | 192.9K | |
Other Liab | 22.8M | 8.0M | 4.5M | 7.0M | 6.3M | 6.0M | |
Net Tangible Assets | 265.3M | 220.8M | 184.5M | 300.6M | 270.5M | 286.8M | |
Other Assets | 58K | 89K | 405K | 324K | 291.6K | 277.0K | |
Long Term Debt | 220.1M | 231.8M | 221.7M | 123.6M | 109.3M | 177.9M | |
Deferred Long Term Liab | 388K | 58K | 89K | 117K | 105.3K | 100.0K | |
Short Long Term Debt | 867K | 632K | 7.1M | 496K | 493K | 468.4K | |
Property Plant Equipment | 511.1M | 452.0M | 415.2M | 413.8M | 372.5M | 492.3M | |
Long Term Debt Total | 228.3M | 237.6M | 226.9M | 126.5M | 113.9M | 179.5M | |
Capital Surpluse | 15.5M | 15.7M | 15.8M | 17.7M | 20.3M | 16.8M | |
Net Invested Capital | 484.6M | 451.9M | 413.3M | 423.7M | 402.2M | 388.5M | |
Cash And Equivalents | 4.0M | 19.3M | 7.5M | 8.9M | 8.0M | 12.3M |
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.