Western Total Current Assets from 2010 to 2026

WDC Stock  EUR 244.75  10.30  4.04%   
Western Digital's Total Current Assets are decreasing over the last several years with slightly volatile swings. Total Current Assets are estimated to finish at about 7.3 B this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2017-03-31
Previous Quarter
6.3 B
Current Value
7.5 B
Quarterly Volatility
1.3 B
 
Covid
 
Interest Hikes
Check Western Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Digital's main balance sheet or income statement drivers, such as Interest Expense of 234.5 M, Selling General Administrative of 832.3 M or Total Revenue of 12 B, as well as many indicators such as . Western financial statements analysis is a perfect complement when working with Western Digital Valuation or Volatility modules.
  
This module can also supplement various Western Digital Technical models . Check out the analysis of Western Digital Correlation against competitors.
For more detail on how to invest in Western Stock please use our How to Invest in Western Digital guide.
The Total Current Assets trend for Western Digital offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Western Digital is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Western Digital's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Western Digital over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Western Digital's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Digital's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Western Total Current Assets Regression Statistics

Arithmetic Mean8,753,819,608
Geometric Mean8,581,103,510
Coefficient Of Variation19.99
Mean Deviation1,178,009,689
Median8,720,000,000
Standard Deviation1,750,288,979
Sample Variance3063511.5T
Range7.3B
R-Value(0.51)
Mean Square Error2425669.2T
R-Squared0.26
Significance0.04
Slope(175,950,817)
Total Sum of Squares49016184.2T

Western Total Current Assets History

20267.3 B
20255.3 B
20245.9 B
20238.1 B
20227.9 B
20219.5 B
20209.8 B

About Western Digital Financial Statements

Western Digital stakeholders use historical fundamental indicators, such as Western Digital's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Western Digital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Western Digital's assets and liabilities are reflected in the revenues and expenses on Western Digital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Western Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets5.3 B7.3 B

Currently Active Assets on Macroaxis

When determining whether Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital'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 Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:
Check out the analysis of Western Digital Correlation against competitors.
For more detail on how to invest in Western Stock please use our How to Invest in Western Digital guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Please note, there is a significant difference between Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Western Digital's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.