Westwater Resources Stock Current Liabilities
WWR Stock | USD 0.55 0.01 1.85% |
Westwater Resources fundamentals help investors to digest information that contributes to Westwater Resources' financial success or failures. It also enables traders to predict the movement of Westwater Stock. The fundamental analysis module provides a way to measure Westwater Resources' 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 Westwater Resources stock.
As of 11/22/2024, Total Current Liabilities is likely to drop to about 6.4 M. In addition to that, Non Current Liabilities Total is likely to drop to about 1.5 M. Westwater | Current Liabilities |
Westwater Resources Company Current Liabilities Analysis
Westwater Resources' 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 Westwater Resources Current Liabilities | 6.24 M |
Most of Westwater Resources' fundamental indicators, such as Current Liabilities, 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, Westwater Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Westwater Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Westwater Resources is extremely important. It helps to project a fair market value of Westwater Stock properly, considering its historical fundamentals such as Current Liabilities. Since Westwater Resources' 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 Westwater Resources' 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 Westwater Resources' interrelated accounts and indicators.
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Westwater Current Liabilities Historical Pattern
Today, most investors in Westwater Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Westwater Resources' 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 liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Westwater Resources current liabilities as a starting point in their analysis.
Westwater Resources Current Liabilities |
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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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Westwater Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Westwater Resources has a Current Liabilities of 6.24 M. This is 99.9% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The current liabilities for all United States stocks is 99.92% higher than that of the company.
Westwater Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westwater Resources' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westwater Resources could also be used in its relative valuation, which is a method of valuing Westwater Resources by comparing valuation metrics of similar companies.Westwater Resources is currently under evaluation in current liabilities category among its peers.
Westwater Fundamentals
Return On Equity | -0.0617 | ||||
Return On Asset | -0.052 | ||||
Current Valuation | 29.48 M | ||||
Shares Outstanding | 62.51 M | ||||
Shares Owned By Insiders | 2.83 % | ||||
Shares Owned By Institutions | 6.56 % | ||||
Number Of Shares Shorted | 3.54 M | ||||
Price To Earning | (1.25) X | ||||
Price To Book | 0.25 X | ||||
Gross Profit | (34 K) | ||||
EBITDA | (7.53 M) | ||||
Net Income | (7.75 M) | ||||
Cash And Equivalents | 75.2 M | ||||
Cash Per Share | 2.31 X | ||||
Total Debt | 357 K | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 15.48 X | ||||
Book Value Per Share | 2.54 X | ||||
Cash Flow From Operations | (11.43 M) | ||||
Short Ratio | 1.10 X | ||||
Earnings Per Share | (0.13) X | ||||
Price To Earnings To Growth | (0.16) X | ||||
Target Price | 3.0 | ||||
Number Of Employees | 24 | ||||
Beta | 1.58 | ||||
Market Capitalization | 33.75 M | ||||
Total Asset | 149.83 M | ||||
Retained Earnings | (361.03 M) | ||||
Working Capital | 3.84 M | ||||
Current Asset | 5.59 M | ||||
Current Liabilities | 6.24 M | ||||
Net Asset | 149.83 M |
About Westwater Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westwater Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westwater Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westwater Resources 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.
Pair Trading with Westwater Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westwater Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westwater Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Westwater Stock
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The ability to find closely correlated positions to Westwater Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westwater Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westwater Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westwater Resources to buy it.
The correlation of Westwater Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westwater Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westwater Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westwater Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Westwater Stock Analysis
When running Westwater Resources' price analysis, check to measure Westwater Resources' 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 Westwater Resources is operating at the current time. Most of Westwater Resources' value examination focuses on studying past and present price action to predict the probability of Westwater Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westwater Resources' price. Additionally, you may evaluate how the addition of Westwater Resources to your portfolios can decrease your overall portfolio volatility.