Western Income Before Tax from 2010 to 2024

WDI Stock  USD 14.78  0.09  0.61%   
Western Asset's Income Before Tax is increasing with stable movements from year to year. Income Before Tax is estimated to finish at about 131.1 M this year. For the period between 2010 and 2024, Western Asset, Income Before Tax quarterly trend regression had median of  12,270,886 and r-value of  0.13. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
124.8 M
Current Value
131.1 M
Quarterly Volatility
67.3 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 85.8 M, Interest Income of 91 M or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 5.55, Dividend Yield of 0.0691 or PTB Ratio of 0.99. 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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Western Asset Diversified over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Western Asset income statement and is an important metric when analyzing Western Asset Diversified profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Western Asset's Income Before Tax 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.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Western Income Before Tax Regression Statistics

Arithmetic Mean14,924,679
Coefficient Of Variation450.81
Mean Deviation30,141,844
Median12,270,886
Standard Deviation67,282,546
Sample Variance4526.9T
Range310.4M
R-Value0.13
Mean Square Error4792.3T
R-Squared0.02
Significance0.64
Slope1,961,473
Total Sum of Squares63377.2T

Western Income Before Tax History

2024131.1 M
2023124.8 M
2022-179.3 M

About Western Asset Financial Statements

Investors use fundamental indicators, such as Western Asset's Income Before Tax, 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
Income Before Tax124.8 M131.1 M

Currently Active Assets on Macroaxis

When determining whether Western Asset Diversified 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 Diversified Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Asset Diversified Stock:
Check out the analysis of Western Asset Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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
2.06
Return On Equity
(18.35)
The market value of Western Asset Diversified 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.