Westbond Enterprises Corp Stock Current Asset

WBE Stock  CAD 0.20  0.01  4.76%   
Westbond Enterprises Corp fundamentals help investors to digest information that contributes to Westbond Enterprises' financial success or failures. It also enables traders to predict the movement of Westbond Stock. The fundamental analysis module provides a way to measure Westbond Enterprises' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westbond Enterprises stock.
Non Current Assets Total is likely to drop to about 5.1 M in 2024. Other Current Assets is likely to drop to about 59.7 K in 2024.
  
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Westbond Enterprises Corp Company Current Asset Analysis

Westbond Enterprises' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

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Deposits

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Liquid Assets

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Westbond Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Westbond Enterprises is extremely important. It helps to project a fair market value of Westbond Stock properly, considering its historical fundamentals such as Current Asset. Since Westbond Enterprises' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westbond Enterprises' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westbond Enterprises' interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Westbond Total Assets

Total Assets

7.26 Million

At this time, Westbond Enterprises' Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Westbond Enterprises Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Paper & Forest Products sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

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Westbond Fundamentals

About Westbond Enterprises Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westbond Enterprises Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westbond Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westbond Enterprises Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.