Westwater Short Long Term Debt Total vs Short Term Debt 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 Short Long Term Debt Total and its Short Term Debt 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.
Short Long Term Debt Total vs Short Term Debt
Short Long Term Debt Total vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westwater Resources Short Long Term Debt Total account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Westwater Resources' Short Long Term Debt Total and Short Term Debt is 0.75. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Short Term Debt 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' Short Long Term Debt Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Westwater Resources are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt Total i.e., Westwater Resources' Short Long Term Debt Total and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Short Term Debt
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 |
Westwater Resources fundamental ratios Correlations
Click cells to compare fundamentals
Westwater Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
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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.