Western Ev To Sales vs Cash Per Share Analysis

WRG Stock

CAD 2.67 0.02 0.74%

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 Ev To Sales 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 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.

Ev To Sales vs Cash Per Share

Ev To Sales vs Cash Per Share Correlation Analysis

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

The correlation between Western Energy's Ev To Sales and Cash Per Share is -0.22. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Cash 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 Ev To Sales 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 Ev To Sales of Western Energy Services 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 Ev To Sales i.e., Western Energy's Ev To Sales and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Cash Per Share

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 1st 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

Total Revenue Depreciation And Amortization

Western Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Net Receivables	Common Stock Total Equity	Short Term Debt	Common Stock	Non Current Liabilities Total	Good Will	Inventory
Total Assets		0.82	0.83	0.97	0.98	0.72	0.56	0.51	0.69	1.0	0.44	0.73	-0.21	0.14	-0.03	0.95	0.26	0.91	0.8	0.76	0.64	-0.26	0.44	0.91	0.58	0.14
Other Current Liab	0.82		0.92	0.88	0.72	0.4	0.73	0.29	0.43	0.79	0.26	0.61	-0.16	0.31	0.14	0.67	0.17	0.89	0.45	0.92	0.4	-0.12	0.17	0.6	0.38	-0.2
Total Current Liabilities	0.83	0.92		0.87	0.76	0.52	0.51	0.59	0.43	0.81	0.34	0.54	-0.11	0.3	0.12	0.71	0.36	0.86	0.55	0.9	0.59	0.02	0.42	0.63	0.52	0.09
Total Stockholder Equity	0.97	0.88	0.87		0.92	0.55	0.64	0.47	0.6	0.95	0.38	0.73	-0.11	0.25	0.1	0.83	0.26	0.94	0.62	0.87	0.62	-0.26	0.39	0.77	0.53	0.04
Property Plant And Equipment Net	0.98	0.72	0.76	0.92		0.79	0.44	0.54	0.71	0.99	0.42	0.69	-0.2	0.07	-0.09	0.97	0.28	0.83	0.86	0.64	0.68	-0.27	0.52	0.95	0.63	0.26
Net Debt	0.72	0.4	0.52	0.55	0.79		0.04	0.43	0.42	0.76	0.3	0.33	-0.32	-0.08	-0.24	0.87	0.22	0.45	0.96	0.3	0.68	0.06	0.58	0.87	0.64	0.44
Retained Earnings	0.56	0.73	0.51	0.64	0.44	0.04		-0.09	0.38	0.52	0.26	0.64	-0.52	0.29	0.23	0.4	-0.4	0.7	0.1	0.7	-0.14	-0.39	-0.45	0.35	-0.25	-0.68
Accounts Payable	0.51	0.29	0.59	0.47	0.54	0.43	-0.09		0.42	0.52	0.49	0.2	0.17	-0.09	-0.17	0.51	0.48	0.41	0.48	0.35	0.51	-0.19	0.64	0.46	0.53	0.58
Cash	0.69	0.43	0.43	0.6	0.71	0.42	0.38	0.42		0.68	0.56	0.84	-0.23	-0.04	-0.19	0.74	0.11	0.67	0.62	0.26	0.25	-0.47	0.21	0.74	0.22	0.16
Non Current Assets Total	1.0	0.79	0.81	0.95	0.99	0.76	0.52	0.52	0.68		0.42	0.7	-0.21	0.13	-0.04	0.96	0.26	0.87	0.82	0.72	0.66	-0.26	0.47	0.92	0.6	0.17
Non Currrent Assets Other	0.44	0.26	0.34	0.38	0.42	0.3	0.26	0.49	0.56	0.42		0.48	-0.2	0.04	-0.1	0.47	0.02	0.48	0.4	0.3	0.15	-0.34	0.12	0.46	0.16	0.01
Cash And Short Term Investments	0.73	0.61	0.54	0.73	0.69	0.33	0.64	0.2	0.84	0.7	0.48		-0.34	0.31	0.18	0.67	-0.03	0.84	0.48	0.55	0.31	-0.26	0.06	0.64	0.1	-0.16
Common Stock Shares Outstanding	-0.21	-0.16	-0.11	-0.11	-0.2	-0.32	-0.52	0.17	-0.23	-0.21	-0.2	-0.34		-0.11	-0.08	-0.31	0.66	-0.17	-0.26	-0.11	0.25	0.01	0.5	-0.28	0.46	0.39
Other Current Assets	0.14	0.31	0.3	0.25	0.07	-0.08	0.29	-0.09	-0.04	0.13	0.04	0.31	-0.11		0.96	0.0	-0.08	0.22	-0.11	0.47	0.24	0.36	-0.02	-0.06	0.05	-0.35
Other Stockholder Equity	-0.03	0.14	0.12	0.1	-0.09	-0.24	0.23	-0.17	-0.19	-0.04	-0.1	0.18	-0.08	0.96		-0.19	-0.16	0.06	-0.29	0.35	0.1	0.37	-0.12	-0.23	-0.09	-0.4
Total Liab	0.95	0.67	0.71	0.83	0.97	0.87	0.4	0.51	0.74	0.96	0.47	0.67	-0.31	0.0	-0.19		0.22	0.77	0.94	0.55	0.61	-0.24	0.46	0.99	0.58	0.25
Property Plant And Equipment Gross	0.26	0.17	0.36	0.26	0.28	0.22	-0.4	0.48	0.11	0.26	0.02	-0.03	0.66	-0.08	-0.16	0.22		0.21	0.27	0.19	0.62	0.32	0.79	0.22	0.77	0.68
Total Current Assets	0.91	0.89	0.86	0.94	0.83	0.45	0.7	0.41	0.67	0.87	0.48	0.84	-0.17	0.22	0.06	0.77	0.21		0.56	0.86	0.49	-0.23	0.26	0.72	0.38	-0.08
Short Long Term Debt Total	0.8	0.45	0.55	0.62	0.86	0.96	0.1	0.48	0.62	0.82	0.4	0.48	-0.26	-0.11	-0.29	0.94	0.27	0.56		0.31	0.66	-0.08	0.58	0.95	0.66	0.44
Net Receivables	0.76	0.92	0.9	0.87	0.64	0.3	0.7	0.35	0.26	0.72	0.3	0.55	-0.11	0.47	0.35	0.55	0.19	0.86	0.31		0.46	-0.02	0.2	0.46	0.35	-0.22
Common Stock Total Equity	0.64	0.4	0.59	0.62	0.68	0.68	-0.14	0.51	0.25	0.66	0.15	0.31	0.25	0.24	0.1	0.61	0.62	0.49	0.66	0.46		0.28	0.9	0.57	0.87	0.62
Short Term Debt	-0.26	-0.12	0.02	-0.26	-0.27	0.06	-0.39	-0.19	-0.47	-0.26	-0.34	-0.26	0.01	0.36	0.37	-0.24	0.32	-0.23	-0.08	-0.02	0.28		0.21	-0.27	0.13	0.2
Common Stock	0.44	0.17	0.42	0.39	0.52	0.58	-0.45	0.64	0.21	0.47	0.12	0.06	0.5	-0.02	-0.12	0.46	0.79	0.26	0.58	0.2	0.9	0.21		0.46	0.92	0.84
Non Current Liabilities Total	0.91	0.6	0.63	0.77	0.95	0.87	0.35	0.46	0.74	0.92	0.46	0.64	-0.28	-0.06	-0.23	0.99	0.22	0.72	0.95	0.46	0.57	-0.27	0.46		0.59	0.26
Good Will	0.58	0.38	0.52	0.53	0.63	0.64	-0.25	0.53	0.22	0.6	0.16	0.1	0.46	0.05	-0.09	0.58	0.77	0.38	0.66	0.35	0.87	0.13	0.92	0.59		0.64
Inventory	0.14	-0.2	0.09	0.04	0.26	0.44	-0.68	0.58	0.16	0.17	0.01	-0.16	0.39	-0.35	-0.4	0.25	0.68	-0.08	0.44	-0.22	0.62	0.2	0.84	0.26	0.64

Click cells to compare fundamentals

Western Energy Account Relationship Matchups

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.

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Western Ev To Sales vs Cash Per Share Analysis

Ev To Sales vs Cash Per Share

Ev To Sales vs Cash Per Share Correlation Analysis

Correlation Coefficient

Ev To Sales

Cash Per Share

Western Energy fundamental ratios Correlations

Western Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Energy fundamental ratios Accounts

Other Information on Investing in Western Stock

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Total Liab
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.97	Total Assets
Total Liab	+ 0.97	Property Plant And Equipment Net

Inventory	- 0.68	Retained Earnings
Common Stock Shares Outstanding	- 0.52	Retained Earnings
Short Term Debt	- 0.47	Cash
Common Stock	- 0.45	Retained Earnings
Inventory	- 0.4	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.4	Retained Earnings