Westbond Enterprises Financials
| WBE Stock | CAD 0.18 0.01 5.88% |
Westbond |
Understanding current and past Westbond Enterprises Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westbond Enterprises' financial statements are interrelated, with each one affecting the others. For example, an increase in Westbond Enterprises' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Westbond Enterprises' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westbond Enterprises Corp. Check Westbond Enterprises' Beneish M Score to see the likelihood of Westbond Enterprises' management manipulating its earnings.
Westbond Enterprises Stock Summary
Westbond Enterprises competes with Parkit Enterprise, Urbanfund Corp, and Gatekeeper Systems. WestBond Enterprises Corporation, together with its subsidiary, WestBond Industries Inc., manufactures and sells disposable paper products for medical, hygienic, and industrial uses primarily in Canada and the United States. WestBond Enterprises Corporation is headquartered in Delta, Canada. WestBond Enterprises operates under Paper Paper Products classification in Canada and is traded on TSX Venture Exchange.| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA95712L1022 |
| Business Address | 7403 Progress Way, |
| Sector | Paper & Forest Products |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.westbond.ca |
| Phone | 604 940 3939 |
| Currency | CAD - Canadian Dollar |
You should never invest in Westbond Enterprises without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Westbond Stock, because this is throwing your money away. Analyzing the key information contained in Westbond Enterprises' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Westbond Enterprises Key Financial Ratios
There are many critical financial ratios that Westbond Enterprises' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Westbond Enterprises Corp reports annually and quarterly.| Return On Equity | -0.0167 | |||
| Return On Asset | -0.0015 | |||
| Number Of Shares Shorted | 74 | |||
| Beta | 0.72 | |||
| Last Dividend Paid | 0.005 |
Westbond Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westbond Enterprises's current stock value. Our valuation model uses many indicators to compare Westbond Enterprises value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westbond Enterprises competition to find correlations between indicators driving Westbond Enterprises's intrinsic value. More Info.Westbond Enterprises Corp is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westbond Enterprises' earnings, one of the primary drivers of an investment's value.Westbond Enterprises Corp Systematic Risk
Westbond Enterprises' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westbond Enterprises volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Westbond Enterprises Corp correlated with the market. If Beta is less than 0 Westbond Enterprises generally moves in the opposite direction as compared to the market. If Westbond Enterprises Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westbond Enterprises Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westbond Enterprises is generally in the same direction as the market. If Beta > 1 Westbond Enterprises moves generally in the same direction as, but more than the movement of the benchmark.
Westbond Enterprises February 7, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westbond Enterprises help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westbond Enterprises Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westbond Enterprises Corp based on widely used predictive technical indicators. In general, we focus on analyzing Westbond Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westbond Enterprises's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.92 | |||
| Information Ratio | 0.0106 | |||
| Maximum Drawdown | 35.79 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Additional Tools for Westbond Stock Analysis
When running Westbond Enterprises' price analysis, check to measure Westbond Enterprises' 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 Westbond Enterprises is operating at the current time. Most of Westbond Enterprises' value examination focuses on studying past and present price action to predict the probability of Westbond Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbond Enterprises' price. Additionally, you may evaluate how the addition of Westbond Enterprises to your portfolios can decrease your overall portfolio volatility.