Western Pocfratio vs Ev To Sales 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 Pocfratio and its Ev To Sales 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.
Pocfratio vs Ev To Sales
Pocfratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Energy Services Pocfratio account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.
The correlation between Western Energy's Pocfratio and Ev To Sales is -0.81. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Ev To Sales 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 Pocfratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Western Energy Services are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Pocfratio i.e., Western Energy's Pocfratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Pocfratio
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.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 |
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.