Wescan Energy Corp Stock Current Liabilities

WCE Stock  CAD 0.09  0.02  18.18%   
WesCan Energy Corp fundamentals help investors to digest information that contributes to WesCan Energy's financial success or failures. It also enables traders to predict the movement of WesCan Stock. The fundamental analysis module provides a way to measure WesCan Energy's 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 WesCan Energy stock.
Total Current Liabilities is likely to climb to about 3.1 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 874.9 K in 2024.
  
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WesCan Energy Corp Company Current Liabilities Analysis

WesCan Energy's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

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WesCan Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for WesCan Energy is extremely important. It helps to project a fair market value of WesCan Stock properly, considering its historical fundamentals such as Current Liabilities. Since WesCan Energy's 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 WesCan Energy's 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 WesCan Energy's interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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WesCan Total Current Liabilities

Total Current Liabilities

3.07 Million

At this time, WesCan Energy's Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, WesCan Energy Corp has a Current Liabilities of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

WesCan Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of WesCan Energy from analyzing WesCan Energy's financial statements. These drivers represent accounts that assess WesCan Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WesCan Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.7M1.6M627.2K3.3M2.1M2.2M
Enterprise Value2.2M1.8M903.3K4.5M3.8M4.0M

WesCan Fundamentals

About WesCan Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WesCan Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WesCan Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WesCan Energy 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.

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Additional Tools for WesCan Stock Analysis

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