| 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 Operating Cash Flow Per Share and its Payout Ratio 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.
Operating Cash Flow Per Share vs Payout Ratio
Operating Cash Flow Per Share vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Western Energy Services Operating Cash Flow Per Share account and
Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Western Energy's Operating Cash Flow Per Share and Payout Ratio is 0.15. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Payout Ratio 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 Operating Cash Flow Per Share and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Western Energy Services are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Operating Cash Flow Per Share i.e., Western Energy's Operating Cash Flow Per Share and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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.
Payout Ratio
Payout Ratio is the proportion of Western Energy Services earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Western Energy Services dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Western Energy Services is paying out more in dividends than it makes in net income.
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.