Western Energy Services Stock Total Debt

WRG Stock  CAD 2.69  0.11  4.26%   
Western Energy Services fundamentals help investors to digest information that contributes to Western Energy's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western 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 Western Energy stock.
As of the 28th of November 2024, Total Debt To Capitalization is likely to grow to 0.28.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Western Energy Services Company Total Debt Analysis

Western Energy's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Western Energy Total Debt

    
  115.22 M  
Most of Western Energy's fundamental indicators, such as Total Debt, 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, Western Energy Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Western Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for Western Energy is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Total Debt. Since Western 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 Western 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 Western Energy's interrelated accounts and indicators.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Western Net Debt

Net Debt

114.11 Million

At this time, Western Energy's Net Debt is very stable compared to the past year.
Based on the latest financial disclosure, Western Energy Services has a Total Debt of 115.22 M. This is 99.03% lower than that of the Energy Equipment & Services sector and 95.69% lower than that of the Energy industry. The total debt for all Canada stocks is 97.83% higher than that of the company.

Western Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Energy's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Energy could also be used in its relative valuation, which is a method of valuing Western Energy by comparing valuation metrics of similar companies.
Western Energy is currently under evaluation in total debt category among its peers.

Western Fundamentals

About Western Energy Fundamental Analysis

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

Other Information on Investing in Western Stock

Western Energy financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Energy security.