Westwater Ev To Free Cash Flow vs Free Cash Flow Analysis

WWR Stock

USD 0.59 0.02 3.51%

Westwater Resources financial indicator trend analysis is more than just analyzing Westwater Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westwater Resources is a good investment. Please check the relationship between Westwater Resources Ev To Free Cash Flow and its Free Cash Flow accounts. 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.

Ev To Free Cash Flow vs Free Cash Flow

Ev To Free Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westwater Resources Ev To Free Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Westwater Resources' Ev To Free Cash Flow and Free Cash Flow is 0.18. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Westwater Resources, assuming nothing else is changed. The correlation between historical values of Westwater Resources' Ev To Free Cash Flow and Free Cash Flow 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 Free Cash Flow of Westwater Resources are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Ev To Free Cash Flow i.e., Westwater Resources' Ev To Free Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Westwater Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value is likely to grow to about 22.6 M, while Selling General Administrative is likely to drop slightly above 9.3 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	15.9M	11.8M	13.1M	8.1M
Cost Of Revenue	130K	180K	34K	32.3K

Total Operating Expenses Cost Of Revenue

Westwater Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		-0.35	-0.04	0.6	0.99	0.77	-0.25	-0.6	-0.6	0.73	0.6	0.75	-0.2	0.6	-0.13	0.17	0.96	-0.25	-0.66	0.17	0.8	0.27	0.76	0.6	-0.22	0.18
Short Long Term Debt Total	-0.35		-0.55	0.04	-0.4	-0.13	0.45	0.44	0.73	-0.27	-0.38	-0.13	-0.17	-0.38	0.43	-0.54	-0.48	-0.07	0.63	-0.25	-0.7	0.41	-0.12	-0.37	0.75	-0.53
Other Current Liab	-0.04	-0.55		-0.22	0.0	-0.05	-0.62	-0.04	-0.52	-0.11	0.0	-0.05	0.01	0.01	-0.1	0.02	0.03	0.4	-0.25	0.24	0.32	-0.36	-0.06	0.01	-0.32	0.0
Total Current Liabilities	0.6	0.04	-0.22		0.53	0.44	-0.07	-0.37	-0.25	0.91	0.38	0.43	-0.19	0.38	-0.03	0.0	0.46	-0.23	-0.35	0.18	0.34	0.82	0.44	0.38	0.14	0.01
Total Stockholder Equity	0.99	-0.4	0.0	0.53		0.75	-0.27	-0.61	-0.64	0.67	0.61	0.73	-0.18	0.61	-0.17	0.2	0.97	-0.23	-0.7	0.19	0.83	0.17	0.74	0.61	-0.25	0.2
Property Plant And Equipment Net	0.77	-0.13	-0.05	0.44	0.75		-0.14	0.05	-0.37	0.53	-0.04	1.0	0.0	-0.05	-0.13	0.03	0.81	-0.33	-0.36	-0.04	0.57	0.31	1.0	-0.05	-0.06	0.14
Current Deferred Revenue	-0.25	0.45	-0.62	-0.07	-0.27	-0.14		0.27	0.76	-0.14	-0.25	-0.12	0.41	-0.25	-0.02	0.15	-0.28	-0.05	0.33	-0.67	-0.59	0.13	-0.13	-0.24	0.05	0.15
Net Debt	-0.6	0.44	-0.04	-0.37	-0.61	0.05	0.27		0.52	-0.49	-1.0	0.08	0.33	-1.0	0.04	-0.23	-0.51	-0.02	0.59	-0.35	-0.57	0.0	0.06	-1.0	0.32	-0.12
Retained Earnings	-0.6	0.73	-0.52	-0.25	-0.64	-0.37	0.76	0.52		-0.38	-0.48	-0.36	0.11	-0.48	0.41	-0.19	-0.65	0.06	0.82	-0.56	-0.93	0.22	-0.35	-0.47	0.26	-0.2
Accounts Payable	0.73	-0.27	-0.11	0.91	0.67	0.53	-0.14	-0.49	-0.38		0.48	0.51	-0.21	0.48	-0.03	0.2	0.66	-0.22	-0.41	0.17	0.51	0.7	0.52	0.48	-0.21	0.21
Cash	0.6	-0.38	0.0	0.38	0.61	-0.04	-0.25	-1.0	-0.48	0.48		-0.08	-0.36	1.0	-0.01	0.2	0.5	0.01	-0.57	0.34	0.54	0.03	-0.06	1.0	-0.28	0.08
Non Current Assets Total	0.75	-0.13	-0.05	0.43	0.73	1.0	-0.12	0.08	-0.36	0.51	-0.08		0.06	-0.08	-0.18	0.05	0.79	-0.35	-0.36	-0.07	0.56	0.3	1.0	-0.08	-0.03	0.16
Non Currrent Assets Other	-0.2	-0.17	0.01	-0.19	-0.18	0.0	0.41	0.33	0.11	-0.21	-0.36	0.06		-0.36	-0.69	0.46	-0.15	-0.24	-0.06	-0.45	-0.04	-0.25	0.03	-0.37	0.01	0.49
Cash And Short Term Investments	0.6	-0.38	0.01	0.38	0.61	-0.05	-0.25	-1.0	-0.48	0.48	1.0	-0.08	-0.36		-0.01	0.19	0.5	0.02	-0.57	0.34	0.54	0.03	-0.06	1.0	-0.28	0.08
Net Receivables	-0.13	0.43	-0.1	-0.03	-0.17	-0.13	-0.02	0.04	0.41	-0.03	-0.01	-0.18	-0.69	-0.01		-0.47	-0.17	0.34	0.61	-0.03	-0.47	0.33	-0.13	0.02	-0.09	-0.47
Common Stock Total Equity	0.17	-0.54	0.02	0.0	0.2	0.03	0.15	-0.23	-0.19	0.2	0.2	0.05	0.46	0.19	-0.47		0.25	-0.17	-0.32	-0.22	0.26	-0.2	0.04	0.19	-0.43	0.98
Common Stock Shares Outstanding	0.96	-0.48	0.03	0.46	0.97	0.81	-0.28	-0.51	-0.65	0.66	0.5	0.79	-0.15	0.5	-0.17	0.25		-0.27	-0.66	0.13	0.84	0.12	0.8	0.5	-0.36	0.27
Short Term Investments	-0.25	-0.07	0.4	-0.23	-0.23	-0.33	-0.05	-0.02	0.06	-0.22	0.01	-0.35	-0.24	0.02	0.34	-0.17	-0.27		-0.03	0.41	-0.22	-0.28	-0.36	0.04	-0.26	-0.17
Non Current Liabilities Total	-0.66	0.63	-0.25	-0.35	-0.7	-0.36	0.33	0.59	0.82	-0.41	-0.57	-0.36	-0.06	-0.57	0.61	-0.32	-0.66	-0.03		-0.46	-0.84	0.23	-0.34	-0.55	0.2	-0.32
Other Current Assets	0.17	-0.25	0.24	0.18	0.19	-0.04	-0.67	-0.35	-0.56	0.17	0.34	-0.07	-0.45	0.34	-0.03	-0.22	0.13	0.41	-0.46		0.44	-0.13	-0.08	0.33	0.09	-0.2
Other Stockholder Equity	0.8	-0.7	0.32	0.34	0.83	0.57	-0.59	-0.57	-0.93	0.51	0.54	0.56	-0.04	0.54	-0.47	0.26	0.84	-0.22	-0.84	0.44		-0.13	0.56	0.53	-0.26	0.27
Total Liab	0.27	0.41	-0.36	0.82	0.17	0.31	0.13	0.0	0.22	0.7	0.03	0.3	-0.25	0.03	0.33	-0.2	0.12	-0.28	0.23	-0.13	-0.13		0.33	0.04	0.26	-0.18
Property Plant And Equipment Gross	0.76	-0.12	-0.06	0.44	0.74	1.0	-0.13	0.06	-0.35	0.52	-0.06	1.0	0.03	-0.06	-0.13	0.04	0.8	-0.36	-0.34	-0.08	0.56	0.33		-0.06	-0.05	0.14
Total Current Assets	0.6	-0.37	0.01	0.38	0.61	-0.05	-0.24	-1.0	-0.47	0.48	1.0	-0.08	-0.37	1.0	0.02	0.19	0.5	0.04	-0.55	0.33	0.53	0.04	-0.06		-0.29	0.08
Short Term Debt	-0.22	0.75	-0.32	0.14	-0.25	-0.06	0.05	0.32	0.26	-0.21	-0.28	-0.03	0.01	-0.28	-0.09	-0.43	-0.36	-0.26	0.2	0.09	-0.26	0.26	-0.05	-0.29		-0.43
Common Stock	0.18	-0.53	0.0	0.01	0.2	0.14	0.15	-0.12	-0.2	0.21	0.08	0.16	0.49	0.08	-0.47	0.98	0.27	-0.17	-0.32	-0.2	0.27	-0.18	0.14	0.08	-0.43

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Westwater Resources Account Relationship Matchups

Westwater Resources fundamental ratios 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

0.48	ELBM	Electra Battery Materials	Pair Corr
0.44	BYU	BAIYU Holdings	Pair Corr
0.43	FMST	Foremost Lithium Resource	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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