| 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 Free Cash Flow Per Share and its Dividend Yield 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.
Free Cash Flow Per Share vs Dividend Yield
Free Cash Flow Per Share vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Western Energy Services Free Cash Flow Per Share account and
Dividend Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Western Energy's Free Cash Flow Per Share and Dividend Yield is 0.19. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Dividend Yield 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 Free Cash Flow Per Share and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Western Energy Services are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Per Share i.e., Western Energy's Free Cash Flow Per Share and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Dividend Yield
Dividend Yield is Western Energy Services dividend as a percentage of Western Energy stock price. Western Energy Services dividend yield is a measure of Western Energy stock productivity, which can be interpreted as interest rate earned on an Western Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price 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.
Western Energy fundamental ratios Correlations
Click cells to compare fundamentals
Western Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Energy fundamental ratios Accounts
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.