Westwater Historical Balance Sheet
WWR Stock | USD 0.59 0.02 3.51% |
Trend analysis of Westwater Resources balance sheet accounts such as Total Assets of 157.3 M, Short Long Term Debt Total of 339.1 K, Other Current Liabilities of 2.5 M or Total Current Liabilities of 6.4 M provides information on Westwater Resources' total assets, liabilities, and equity, which is the actual value of Westwater Resources to its prevalent stockholders. By breaking down trends over time using Westwater Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Westwater Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Westwater Resources is a good buy for the upcoming year.
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About Westwater Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Westwater Resources at a specified time, usually calculated after every quarter, six months, or one year. Westwater Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Westwater Resources 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 Westwater currently owns. An asset can also be divided into two categories, current and non-current.
Westwater Resources Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Westwater Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Westwater Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Westwater Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Westwater Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accumulated Other Comprehensive Income
Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.Most accounts from Westwater Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Westwater Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Westwater Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Westwater Stock, please use our How to Invest in Westwater Resources guide.At this time, Westwater Resources' Cash And Short Term Investments are relatively stable compared to the past year. As of 11/29/2024, Common Stock Shares Outstanding is likely to grow to about 54.6 M, while Total Current Liabilities is likely to drop slightly above 6.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 235K | 91K | 357K | 339.2K | Total Assets | 133.0M | 168.4M | 149.8M | 157.3M |
Westwater Resources balance sheet Correlations
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Westwater Resources Account Relationship Matchups
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Westwater Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.0M | 61.9M | 133.0M | 168.4M | 149.8M | 157.3M | |
Other Current Liab | 2.7M | 2.2M | 2.0M | 1.9M | 1.6M | 2.5M | |
Total Current Liabilities | 3.7M | 4.3M | 5.3M | 25.1M | 7.8M | 6.4M | |
Total Stockholder Equity | 17.1M | 57.5M | 126.2M | 142.0M | 140.4M | 147.5M | |
Property Plant And Equipment Net | 20.8M | 9.3M | 14.7M | 90.2M | 132.8M | 139.4M | |
Net Debt | (1.4M) | (50.0M) | (115.1M) | (75.1M) | (10.5M) | (11.0M) | |
Retained Earnings | (302.4M) | (326.0M) | (342.2M) | (353.3M) | (361.0M) | (343.0M) | |
Accounts Payable | 852K | 1.7M | 3.0M | 23.0M | 6.0M | 6.3M | |
Cash | 1.9M | 50.3M | 115.3M | 75.2M | 10.9M | 14.3M | |
Non Current Assets Total | 24.6M | 9.3M | 17.4M | 92.3M | 138.2M | 145.1M | |
Non Currrent Assets Other | 3.8M | 10K | 2.7M | 2.2M | 5.5M | 3.6M | |
Cash And Short Term Investments | 1.9M | 51.8M | 115.3M | 75.2M | 10.9M | 14.7M | |
Common Stock Total Equity | 72K | 3K | 19K | 48K | 43.2K | 35.7K | |
Common Stock Shares Outstanding | 2.0M | 8.8M | 32.7M | 44.9M | 52.0M | 54.6M | |
Liabilities And Stockholders Equity | 27.0M | 61.9M | 133.0M | 168.4M | 149.8M | 157.3M | |
Non Current Liabilities Total | 6.2M | 214K | 1.5M | 1.4M | 1.6M | 1.5M | |
Other Current Assets | 491K | 1.5M | 640K | 892K | 762K | 476.8K | |
Other Stockholder Equity | 319.5M | 383.5M | 468.3M | 495.2M | 501.4M | 526.5M | |
Total Liab | 9.9M | 4.5M | 6.8M | 26.4M | 9.4M | 10.5M | |
Property Plant And Equipment Gross | 20.8M | 9.1K | 14.8M | 90.3M | 133.2M | 139.9M | |
Total Current Assets | 2.4M | 52.6M | 115.6M | 76.1M | 11.6M | 16.4M | |
Short Term Debt | 153K | 298K | 304K | 182K | 244K | 231.8K | |
Common Stock | 3K | 19K | 35K | 48K | 55K | 36.6K | |
Other Liab | 5.2M | 6.0M | 5.9M | 1.4M | 1.2M | 1.2M | |
Other Assets | 3.8M | 268.0 | 2.7M | 2.2M | 1.0 | 0.95 | |
Property Plant Equipment | 20.3M | 9.0M | 14.7M | 90.2M | 103.7M | 108.9M | |
Net Tangible Assets | 17.1M | 57.5M | 126.2M | 142.0M | 163.3M | 171.4M | |
Retained Earnings Total Equity | (291.9M) | (302.4M) | (326.0M) | (353.3M) | (318.0M) | (302.1M) | |
Capital Surpluse | 319.8M | 383.7M | 468.6M | 495.5M | 569.8M | 364.9M | |
Non Current Liabilities Other | 6.0M | 6.2M | 214K | 1.4M | 1.2M | 1.2M |
Pair Trading with Westwater Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westwater Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westwater Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Westwater Stock
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The ability to find closely correlated positions to Westwater Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westwater Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westwater Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westwater Resources to buy it.
The correlation of Westwater Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westwater Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westwater Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westwater Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Westwater Stock Analysis
When running Westwater Resources' price analysis, check to measure Westwater Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westwater Resources is operating at the current time. Most of Westwater Resources' value examination focuses on studying past and present price action to predict the probability of Westwater Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westwater Resources' price. Additionally, you may evaluate how the addition of Westwater Resources to your portfolios can decrease your overall portfolio volatility.