Western Income Quality from 2010 to 2024

WES Stock  USD 38.87  0.94  2.48%   
Western Midstream Income Quality yearly trend continues to be comparatively stable with very little volatility. Income Quality will likely drop to 0.85 in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
1.66377642
Current Value
0.85
Quarterly Volatility
3.08121125
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Midstream's main balance sheet or income statement drivers, such as Interest Expense of 365.6 M, Selling General Administrative of 244.3 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0508 or PTB Ratio of 4.06. Western financial statements analysis is a perfect complement when working with Western Midstream Valuation or Volatility modules.
  
Check out the analysis of Western Midstream Correlation against competitors.

Latest Western Midstream's Income Quality Growth Pattern

Below is the plot of the Income Quality of Western Midstream Partners over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Western Midstream's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Midstream's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Western Income Quality Regression Statistics

Arithmetic Mean0.96
Coefficient Of Variation320.51
Mean Deviation1.48
Median1.64
Standard Deviation3.08
Sample Variance9.49
Range13.1878
R-Value0.10
Mean Square Error10.12
R-Squared0.01
Significance0.72
Slope0.07
Total Sum of Squares132.91

Western Income Quality History

2024 0.85
2023 1.66
2022 1.36
2021 1.87
2020 3.17
2019 1.64
2018 2.27

About Western Midstream Financial Statements

Western Midstream shareholders use historical fundamental indicators, such as Income Quality, to determine how well the company is positioned to perform in the future. Although Western Midstream investors may analyze each financial statement separately, they are all interrelated. The changes in Western Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses on on Western Midstream's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Quality 1.66  0.85 

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Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's 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 Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.