Weyco Group Stock Current Ratio

WEYS Stock

USD 36.03 0.75 2.13%

Weyco Group fundamentals help investors to digest information that contributes to Weyco's financial success or failures. It also enables traders to predict the movement of Weyco Stock. The fundamental analysis module provides a way to measure Weyco'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 Weyco stock.

		Last Reported	Projected for Next Year
	Current Ratio	6.42	4.58

Current Ratio is likely to drop to 4.58 in 2024.

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Weyco Group Company Current Ratio Analysis

Weyco's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Weyco Current Ratio

6.28 X

Most of Weyco's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Weyco Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Weyco Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Weyco is extremely important. It helps to project a fair market value of Weyco Stock properly, considering its historical fundamentals such as Current Ratio. Since Weyco'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 Weyco'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 Weyco's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Short Term Debt	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Capital Surpluse	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.27	0.97	0.86	0.83	0.94	0.32	0.27	0.02	0.82	0.76	-0.89	0.26	0.95	0.46	0.44	-0.45	0.15	0.21	0.15	0.18
Total Stockholder Equity	0.95		0.02	0.97	0.79	0.63	0.94	0.23	0.0	-0.11	0.74	0.7	-0.83	0.38	0.89	0.65	0.64	-0.62	0.22	0.28	0.25	0.12
Net Debt	0.27	0.02		0.11	0.39	0.66	0.16	0.4	0.8	0.53	0.15	0.06	-0.21	-0.52	0.21	-0.48	-0.44	0.48	-0.39	-0.22	-0.46	0.54
Retained Earnings	0.97	0.97	0.11		0.83	0.71	0.92	0.26	0.12	-0.03	0.83	0.8	-0.89	0.31	0.94	0.54	0.46	-0.48	0.11	0.21	0.22	0.17
Net Receivables	0.86	0.79	0.39	0.83		0.73	0.79	0.59	0.21	0.31	0.8	0.68	-0.81	-0.05	0.86	0.25	0.23	-0.32	-0.12	0.01	-0.12	0.27
Total Liab	0.83	0.63	0.66	0.71	0.73		0.72	0.41	0.71	0.22	0.72	0.63	-0.74	0.01	0.8	0.03	0.03	-0.06	0.06	0.08	-0.05	0.22
Total Current Assets	0.94	0.94	0.16	0.92	0.79	0.72		0.31	0.21	-0.14	0.65	0.6	-0.72	0.43	0.82	0.65	0.6	-0.6	0.32	0.42	0.34	0.09
Accounts Payable	0.32	0.23	0.4	0.26	0.59	0.41	0.31		0.15	0.41	0.27	0.09	-0.19	-0.01	0.34	-0.04	0.0	-0.09	0.06	0.0	-0.13	0.1
Short Term Debt	0.27	0.0	0.8	0.12	0.21	0.71	0.21	0.15		0.2	0.2	0.18	-0.17	-0.16	0.2	-0.34	-0.44	0.44	-0.09	0.07	-0.04	0.21
Short Term Investments	0.02	-0.11	0.53	-0.03	0.31	0.22	-0.14	0.41	0.2		0.07	0.12	-0.11	-0.5	0.12	-0.58	-0.48	0.46	-0.54	-0.65	-0.57	0.55
Common Stock	0.82	0.74	0.15	0.83	0.8	0.72	0.65	0.27	0.2	0.07		0.92	-0.95	0.02	0.93	0.18	0.15	-0.3	0.01	-0.04	-0.05	-0.01
Property Plant Equipment	0.76	0.7	0.06	0.8	0.68	0.63	0.6	0.09	0.18	0.12	0.92		-0.88	0.12	0.85	0.24	0.12	-0.29	-0.01	-0.01	0.07	-0.03
Current Deferred Revenue	-0.89	-0.83	-0.21	-0.89	-0.81	-0.74	-0.72	-0.19	-0.17	-0.11	-0.95	-0.88		0.04	-0.96	-0.21	-0.23	0.3	0.05	0.12	0.15	-0.19
Good Will	0.26	0.38	-0.52	0.31	-0.05	0.01	0.43	-0.01	-0.16	-0.5	0.02	0.12	0.04		0.14	0.79	0.64	-0.61	0.73	0.76	0.93	-0.53
Intangible Assets	0.95	0.89	0.21	0.94	0.86	0.8	0.82	0.34	0.2	0.12	0.93	0.85	-0.96	0.14		0.3	0.32	-0.38	0.08	0.01	0.0	0.15
Net Tangible Assets	0.46	0.65	-0.48	0.54	0.25	0.03	0.65	-0.04	-0.34	-0.58	0.18	0.24	-0.21	0.79	0.3		0.87	-0.85	0.55	0.77	0.74	-0.39
Capital Surpluse	0.44	0.64	-0.44	0.46	0.23	0.03	0.6	0.0	-0.44	-0.48	0.15	0.12	-0.23	0.64	0.32	0.87		-0.92	0.62	0.56	0.45	-0.34
Long Term Investments	-0.45	-0.62	0.48	-0.48	-0.32	-0.06	-0.6	-0.09	0.44	0.46	-0.3	-0.29	0.3	-0.61	-0.38	-0.85	-0.92		-0.68	-0.57	-0.46	0.51
Short Long Term Debt	0.15	0.22	-0.39	0.11	-0.12	0.06	0.32	0.06	-0.09	-0.54	0.01	-0.01	0.05	0.73	0.08	0.55	0.62	-0.68		0.56	0.58	-0.65
Net Invested Capital	0.21	0.28	-0.22	0.21	0.01	0.08	0.42	0.0	0.07	-0.65	-0.04	-0.01	0.12	0.76	0.01	0.77	0.56	-0.57	0.56		0.85	-0.6
Net Working Capital	0.15	0.25	-0.46	0.22	-0.12	-0.05	0.34	-0.13	-0.04	-0.57	-0.05	0.07	0.15	0.93	0.0	0.74	0.45	-0.46	0.58	0.85		-0.54
Capital Stock	0.18	0.12	0.54	0.17	0.27	0.22	0.09	0.1	0.21	0.55	-0.01	-0.03	-0.19	-0.53	0.15	-0.39	-0.34	0.51	-0.65	-0.6	-0.54

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Weyco Current Ratio Historical Pattern

Today, most investors in Weyco Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Weyco's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Weyco current ratio as a starting point in their analysis.

Weyco Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Weyco

Current Ratio Over Time

Weyco Price To Sales Ratio

Price To Sales Ratio

0.68

At this time, Weyco's Price To Sales Ratio is comparatively stable compared to the past year.

In accordance with the recently published financial statements, Weyco Group has a Current Ratio of 6.28 times. This is 176.65% higher than that of the Distributors sector and 163.87% higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 190.74% lower than that of the firm.

Weyco Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Weyco's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Weyco could also be used in its relative valuation, which is a method of valuing Weyco by comparing valuation metrics of similar companies.

Weyco is currently under evaluation in current ratio category among its peers.

Weyco ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Weyco's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Weyco's managers, analysts, and investors.

Environmental

Governance

Social

Weyco Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0755
	Profit Margin	0.1 %
	Operating Margin	0.13 %
	Current Valuation	274.49 M
	Shares Outstanding	9.56 M
	Shares Owned By Insiders	37.20 %
	Shares Owned By Institutions	25.25 %
	Number Of Shares Shorted	55.28 K
	Price To Earning	8.38 X
	Price To Book	1.31 X
	Price To Sales	1.16 X
	Revenue	318.05 M
	Gross Profit	144.39 M
	EBITDA	44.17 M
	Net Income	30.19 M
	Cash And Equivalents	8.43 M
	Cash Per Share	0.89 X
	Total Debt	13.51 M
	Debt To Equity	0.08 %
	Current Ratio	6.28 X
	Book Value Per Share	27.27 X
	Cash Flow From Operations	98.63 M
	Short Ratio	6.63 X
	Earnings Per Share	3.02 X
	Target Price	26.0
	Number Of Employees	397
	Beta	0.69
	Market Capitalization	337.25 M
	Total Asset	309.34 M
	Retained Earnings	180.65 M
	Working Capital	160.49 M
	Current Asset	179.48 M
	Current Liabilities	61.19 M
	Annual Yield	0.03 %
	Five Year Return	3.91 %
	Net Asset	309.34 M
	Last Dividend Paid	1.03

About Weyco Fundamental Analysis

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

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

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