WEC Average Receivables from 2010 to 2024

WEC Stock  USD 100.66  0.30  0.30%   
WEC Energy's Average Receivables is increasing over the years with slightly volatile fluctuation. Average Receivables is expected to dwindle to about 788.5 M. During the period from 2010 to 2024 WEC Energy Average Receivables annual values regression line had geometric mean of  973,447,179 and mean square error of 18677.2 T. View All Fundamentals
 
Average Receivables  
First Reported
2010-12-31
Previous Quarter
B
Current Value
788.5 M
Quarterly Volatility
153.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WEC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WEC Energy's main balance sheet or income statement drivers, such as Total Revenue of 9.3 B, Gross Profit of 2.5 B or Operating Income of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.13, Dividend Yield of 0.0388 or PTB Ratio of 1.54. WEC financial statements analysis is a perfect complement when working with WEC Energy Valuation or Volatility modules.
  
Check out the analysis of WEC Energy Correlation against competitors.

Latest WEC Energy's Average Receivables Growth Pattern

Below is the plot of the Average Receivables of WEC Energy Group over the last few years. It is WEC Energy's Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WEC Energy's overall financial position and show how it may be relating to other accounts over time.
Average Receivables10 Years Trend
Slightly volatile
   Average Receivables   
       Timeline  

WEC Average Receivables Regression Statistics

Arithmetic Mean984,809,666
Geometric Mean973,447,179
Coefficient Of Variation15.61
Mean Deviation145,227,689
Median1,021,635,000
Standard Deviation153,760,182
Sample Variance23642.2T
Range346.7M
R-Value0.52
Mean Square Error18677.2T
R-Squared0.27
Significance0.05
Slope17,746,893
Total Sum of Squares330990.7T

WEC Average Receivables History

2024788.5 M
2023B
20161.1 B

About WEC Energy Financial Statements

WEC Energy stakeholders use historical fundamental indicators, such as WEC Energy's Average Receivables, to determine how well the company is positioned to perform in the future. Although WEC Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in WEC Energy's assets and liabilities are reflected in the revenues and expenses on WEC Energy'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 WEC Energy Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average ReceivablesB788.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy'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 Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:
Check out the analysis of WEC Energy Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Multi-Utilities 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 WEC Energy. If investors know WEC 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 WEC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
3.285
Earnings Share
4.09
Revenue Per Share
27.023
Quarterly Revenue Growth
(0.05)
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy'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 WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy'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 WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy'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.