Western Gross Profit from 2010 to 2024

IGI Stock  USD 16.66  0.05  0.30%   
Western Asset's Gross Profit is decreasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 4.2 M. Gross Profit is the profit Western Asset Investment makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
6.4 M
Current Value
4.2 M
Quarterly Volatility
16.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Asset financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Asset's main balance sheet or income statement drivers, such as Net Interest Income of 8.6 M, Interest Income of 8.6 M or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 15.85, Dividend Yield of 0.0 or PTB Ratio of 1.08. Western financial statements analysis is a perfect complement when working with Western Asset Valuation or Volatility modules.
  
Check out the analysis of Western Asset Correlation against competitors.

Latest Western Asset's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Western Asset Investment over the last few years. Gross profit is a required income statement account that reflects total revenue of Western Asset Investment minus its cost of goods sold. It is profit before Western Asset operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Western Asset's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Asset's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Western Gross Profit Regression Statistics

Arithmetic Mean11,050,459
Geometric Mean13,585,067
Coefficient Of Variation150.87
Mean Deviation12,177,039
Median19,813,575
Standard Deviation16,671,584
Sample Variance277.9T
Range69M
R-Value(0.50)
Mean Square Error224.9T
R-Squared0.25
Significance0.06
Slope(1,859,392)
Total Sum of Squares3891.2T

Western Gross Profit History

20244.2 M
20236.4 M
20227.1 M
2021-37 M
20202.3 M
201920.1 M
201832 M

Other Fundumenentals of Western Asset Investment

Western Asset Gross Profit component correlations

About Western Asset Financial Statements

Investors use fundamental indicators, such as Western Asset's Gross Profit, to determine how well the company is positioned to perform in the future. Although Western Asset's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit6.4 M4.2 M
Gross Profit Margin 0.89  0.87 

Currently Active Assets on Macroaxis

When determining whether Western Asset Investment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Asset's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Asset Investment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Asset Investment Stock:
Check out the analysis of Western Asset Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Asset. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.97
The market value of Western Asset Investment is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Asset's market value can be influenced by many factors that don't directly affect Western Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.