Welsbach Total Asset from 2010 to 2024

WTMA Stock  USD 11.26  0.01  0.09%   
Welsbach Technology's Total Assets are decreasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 22.7 M.
Check Welsbach Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Welsbach Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 1.4 M or Selling General Administrative of 1.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.0. Welsbach financial statements analysis is a perfect complement when working with Welsbach Technology Valuation or Volatility modules.
  
Check out the analysis of Welsbach Technology Correlation against competitors.

Latest Welsbach Technology's Total Asset Growth Pattern

Below is the plot of the Total Assets of Welsbach Technology Metals over the last few years. Total assets refers to the total amount of Welsbach Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Welsbach Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Welsbach Technology's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Welsbach Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 23.94 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Welsbach Total Asset Regression Statistics

Arithmetic Mean69,688,767
Geometric Mean65,529,846
Coefficient Of Variation27.04
Mean Deviation12,359,721
Median76,538,222
Standard Deviation18,842,375
Sample Variance355T
Range57.5M
R-Value(0.57)
Mean Square Error257.6T
R-Squared0.33
Significance0.03
Slope(2,406,796)
Total Sum of Squares4970.5T

Welsbach Total Asset History

202422.7 M
202323.9 M
202280.2 M

Other Fundumenentals of Welsbach Technology

Welsbach Technology Total Asset component correlations

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1.0-0.83-0.910.91-0.83-0.85-0.961.00.860.950.90.95-0.98-0.98-0.95
-0.8-0.830.99-0.990.960.970.87-0.82-1.0-0.74-0.99-0.740.810.810.79
-0.89-0.910.99-1.00.960.970.93-0.9-0.99-0.83-1.0-0.830.890.890.86
0.880.91-0.99-1.0-0.97-0.98-0.940.90.990.841.00.84-0.89-0.89-0.87
-0.8-0.830.960.96-0.971.00.93-0.82-0.97-0.82-0.97-0.820.860.860.87
-0.82-0.850.970.97-0.981.00.94-0.84-0.97-0.84-0.98-0.840.880.880.88
-0.95-0.960.870.93-0.940.930.94-0.96-0.89-0.97-0.93-0.970.990.990.99
1.01.0-0.82-0.90.9-0.82-0.84-0.960.840.950.890.95-0.98-0.98-0.95
0.830.86-1.0-0.990.99-0.97-0.97-0.890.840.771.00.77-0.83-0.83-0.81
0.950.95-0.74-0.830.84-0.82-0.84-0.970.950.770.831.0-0.99-0.99-1.0
0.880.9-0.99-1.01.0-0.97-0.98-0.930.891.00.830.83-0.88-0.88-0.87
0.950.95-0.74-0.830.84-0.82-0.84-0.970.950.771.00.83-0.99-0.99-1.0
-0.97-0.980.810.89-0.890.860.880.99-0.98-0.83-0.99-0.88-0.991.01.0
-0.97-0.980.810.89-0.890.860.880.99-0.98-0.83-0.99-0.88-0.991.01.0
-0.95-0.950.790.86-0.870.870.880.99-0.95-0.81-1.0-0.87-1.01.01.0
Click cells to compare fundamentals

About Welsbach Technology Financial Statements

Welsbach Technology stakeholders use historical fundamental indicators, such as Welsbach Technology's Total Asset, to determine how well the company is positioned to perform in the future. Although Welsbach Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Welsbach Technology's assets and liabilities are reflected in the revenues and expenses on Welsbach Technology'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 Welsbach Technology Metals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets23.9 M22.7 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 Welsbach Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Welsbach Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Welsbach Technology Metals Stock. Highlighted below are key reports to facilitate an investment decision about Welsbach Technology Metals Stock:
Check out the analysis of Welsbach Technology Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 Welsbach Technology. If investors know Welsbach 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 Welsbach Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Return On Assets
(0.03)
The market value of Welsbach Technology is measured differently than its book value, which is the value of Welsbach that is recorded on the company's balance sheet. Investors also form their own opinion of Welsbach Technology's value that differs from its market value or its book value, called intrinsic value, which is Welsbach Technology'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 Welsbach Technology's market value can be influenced by many factors that don't directly affect Welsbach Technology'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 Welsbach Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Welsbach Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Welsbach Technology'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.