Western Free Cash Flow vs Net Income Analysis

601168 Stock

17.54 0.05 0.29%

Western Mining financial indicator trend analysis is more than just analyzing Western Mining current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Mining is a good investment. Please check the relationship between Western Mining Free Cash Flow and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Mining Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Mining Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Western Mining's Free Cash Flow and Net Income is 0.88. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Western Mining Co, assuming nothing else is changed. The correlation between historical values of Western Mining's Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Western Mining Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Western Mining's Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Western Mining financial statement analysis. It represents the amount of money remaining after all of Western Mining Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Western Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Mining Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 412.9 M, whereas Tax Provision is forecasted to decline to about 319.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	6.3B	5.8B	5.5B	5.8B
Total Revenue	38.4B	39.8B	42.7B	24.9B

Operating Income Total Revenue

Western Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.49	0.92	0.76	0.66	0.88	0.71	0.81	-0.49	0.87	0.34	0.98	0.84	0.7	0.84	0.75	0.79	0.25	-0.74	-0.38	-0.55	0.23	-0.74	0.75	0.68	0.87
Other Current Liab	0.49		0.61	0.21	0.1	0.43	0.38	0.16	-0.1	0.49	0.03	0.54	0.27	0.24	0.23	0.68	0.55	0.06	-0.29	-0.3	-0.5	0.02	-0.27	0.36	0.45	0.38
Total Current Liabilities	0.92	0.61		0.56	0.43	0.85	0.64	0.69	-0.45	0.87	0.3	0.96	0.79	0.58	0.75	0.68	0.83	0.21	-0.79	-0.57	-0.67	0.4	-0.72	0.84	0.79	0.87
Total Stockholder Equity	0.76	0.21	0.56		0.87	0.66	0.77	0.58	-0.19	0.48	0.32	0.64	0.49	0.87	0.59	0.44	0.34	0.13	-0.38	0.15	-0.05	-0.1	-0.3	0.23	0.24	0.39
Retained Earnings	0.66	0.1	0.43	0.87		0.69	0.48	0.47	-0.44	0.34	-0.05	0.54	0.47	0.51	0.56	0.38	0.21	0.1	-0.35	0.36	0.11	-0.21	-0.31	0.17	0.23	0.4
Accounts Payable	0.88	0.43	0.85	0.66	0.69		0.5	0.62	-0.53	0.68	0.09	0.86	0.69	0.51	0.74	0.65	0.55	0.23	-0.81	-0.21	-0.48	0.13	-0.56	0.67	0.65	0.78
Cash	0.71	0.38	0.64	0.77	0.48	0.5		0.54	-0.02	0.56	0.41	0.64	0.49	0.86	0.47	0.38	0.54	0.39	-0.27	-0.24	-0.23	-0.01	-0.37	0.38	0.44	0.38
Long Term Debt	0.81	0.16	0.69	0.58	0.47	0.62	0.54		-0.58	0.77	0.36	0.8	0.95	0.56	0.96	0.65	0.69	0.16	-0.77	-0.56	-0.64	0.27	-0.86	0.76	0.7	0.81
Net Receivables	-0.49	-0.1	-0.45	-0.19	-0.44	-0.53	-0.02	-0.58		-0.36	0.23	-0.51	-0.7	0.07	-0.73	-0.57	-0.49	-0.14	0.57	0.24	0.4	-0.16	0.71	-0.53	-0.48	-0.66
Inventory	0.87	0.49	0.87	0.48	0.34	0.68	0.56	0.77	-0.36		0.33	0.91	0.84	0.54	0.74	0.64	0.77	0.13	-0.69	-0.67	-0.67	0.58	-0.82	0.87	0.75	0.88
Other Current Assets	0.34	0.03	0.3	0.32	-0.05	0.09	0.41	0.36	0.23	0.33		0.34	0.21	0.61	0.22	0.21	0.31	-0.21	-0.24	-0.29	-0.18	0.19	-0.15	0.16	-0.03	0.25
Total Liab	0.98	0.54	0.96	0.64	0.54	0.86	0.64	0.8	-0.51	0.91	0.34		0.86	0.61	0.83	0.76	0.85	0.25	-0.78	-0.51	-0.65	0.33	-0.79	0.83	0.74	0.92
Intangible Assets	0.84	0.27	0.79	0.49	0.47	0.69	0.49	0.95	-0.7	0.84	0.21	0.86		0.43	0.96	0.66	0.78	0.15	-0.79	-0.62	-0.65	0.41	-0.96	0.87	0.82	0.92
Common Stock	0.7	0.24	0.58	0.87	0.51	0.51	0.86	0.56	0.07	0.54	0.61	0.61	0.43		0.48	0.38	0.4	0.15	-0.35	-0.14	-0.22	0.11	-0.24	0.27	0.21	0.33
Property Plant Equipment	0.84	0.23	0.75	0.59	0.56	0.74	0.47	0.96	-0.73	0.74	0.22	0.83	0.96	0.48		0.72	0.7	0.12	-0.83	-0.48	-0.63	0.26	-0.87	0.78	0.72	0.86
Other Liab	0.75	0.68	0.68	0.44	0.38	0.65	0.38	0.65	-0.57	0.64	0.21	0.76	0.66	0.38	0.72		0.67	0.1	-0.6	-0.36	-0.68	0.04	-0.61	0.52	0.46	0.69
Other Assets	0.79	0.55	0.83	0.34	0.21	0.55	0.54	0.69	-0.49	0.77	0.31	0.85	0.78	0.4	0.7	0.67		0.37	-0.57	-0.67	-0.68	0.32	-0.81	0.8	0.7	0.82
Short Term Investments	0.25	0.06	0.21	0.13	0.1	0.23	0.39	0.16	-0.14	0.13	-0.21	0.25	0.15	0.15	0.12	0.1	0.37		-0.02	-0.17	-0.24	-0.21	-0.16	0.25	0.24	0.15
Good Will	-0.74	-0.29	-0.79	-0.38	-0.35	-0.81	-0.27	-0.77	0.57	-0.69	-0.24	-0.78	-0.79	-0.35	-0.83	-0.6	-0.57	-0.02		0.53	0.74	-0.34	0.68	-0.83	-0.75	-0.84
Net Tangible Assets	-0.38	-0.3	-0.57	0.15	0.36	-0.21	-0.24	-0.56	0.24	-0.67	-0.29	-0.51	-0.62	-0.14	-0.48	-0.36	-0.67	-0.17	0.53		0.81	-0.66	0.69	-0.81	-0.69	-0.62
Other Stockholder Equity	-0.55	-0.5	-0.67	-0.05	0.11	-0.48	-0.23	-0.64	0.4	-0.67	-0.18	-0.65	-0.65	-0.22	-0.63	-0.68	-0.68	-0.24	0.74	0.81		-0.38	0.62	-0.78	-0.69	-0.68
Deferred Long Term Liab	0.23	0.02	0.4	-0.1	-0.21	0.13	-0.01	0.27	-0.16	0.58	0.19	0.33	0.41	0.11	0.26	0.04	0.32	-0.21	-0.34	-0.66	-0.38		-0.48	0.55	0.34	0.45
Long Term Investments	-0.74	-0.27	-0.72	-0.3	-0.31	-0.56	-0.37	-0.86	0.71	-0.82	-0.15	-0.79	-0.96	-0.24	-0.87	-0.61	-0.81	-0.16	0.68	0.69	0.62	-0.48		-0.88	-0.81	-0.91
Short Long Term Debt	0.75	0.36	0.84	0.23	0.17	0.67	0.38	0.76	-0.53	0.87	0.16	0.83	0.87	0.27	0.78	0.52	0.8	0.25	-0.83	-0.81	-0.78	0.55	-0.88		0.92	0.92
Total Current Assets	0.68	0.45	0.79	0.24	0.23	0.65	0.44	0.7	-0.48	0.75	-0.03	0.74	0.82	0.21	0.72	0.46	0.7	0.24	-0.75	-0.69	-0.69	0.34	-0.81	0.92		0.8
Short Term Debt	0.87	0.38	0.87	0.39	0.4	0.78	0.38	0.81	-0.66	0.88	0.25	0.92	0.92	0.33	0.86	0.69	0.82	0.15	-0.84	-0.62	-0.68	0.45	-0.91	0.92	0.8

Click cells to compare fundamentals

Western Mining Account Relationship Matchups

Western Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.5B	47.9B	49.9B	52.8B	52.1B	32.0B
Other Current Liab	3.7B	8.3B	3.0B	5.2B	29.1M	27.6M
Total Current Liabilities	18.1B	19.4B	17.4B	19.4B	15.3B	11.5B
Total Stockholder Equity	10.0B	10.9B	13.3B	16.1B	15.3B	11.1B
Retained Earnings	2.2B	2.7B	5.4B	8.3B	6.4B	3.3B
Accounts Payable	2.3B	2.6B	2.9B	3.7B	2.9B	1.6B
Cash	7.2B	6.3B	6.4B	6.5B	5.4B	5.4B
Long Term Debt	11.2B	10.8B	11.3B	10.0B	13.6B	14.3B
Net Receivables	3.1B	327.6M	382.3M	197.7M	290.4M	275.9M
Inventory	3.6B	3.2B	3.2B	3.5B	3.2B	2.1B
Other Current Assets	1.3B	1.1B	520.4M	323.4M	1.7B	863.4M
Total Liab	30.1B	32.3B	31.7B	32.3B	31.7B	18.9B
Intangible Assets	5.5B	5.7B	6.0B	6.2B	6.4B	6.7B
Property Plant Equipment	18.5B	23.9B	24.6B	24.3B	27.9B	29.3B
Other Liab	807.4M	2.7B	1.2B	1.3B	1.5B	781.9M
Other Assets	2.5B	3.0B	2.8B	1.7B	1.9B	1.4B
Short Term Investments	456.4M	209.1M	813.4M	1.3M	13.2M	12.5M
Net Tangible Assets	4.5B	5.5B	7.3B	9.9B	8.9B	5.9B
Other Stockholder Equity	65.0M	27.5M	70.7M	143.3M	129.0M	75.4M
Deferred Long Term Liab	6.3M	241.1M	29.4M	42.5M	48.9M	63.9M
Short Long Term Debt	8.7B	6.6B	8.1B	6.5B	5.7B	6.6B
Total Current Assets	16.7B	14.0B	14.5B	15.6B	11.4B	14.7B
Non Current Assets Total	27.8B	33.8B	35.4B	37.2B	40.7B	33.2B
Non Currrent Assets Other	582.4M	463.4M	391.1M	335.2M	201.2M	191.1M
Non Current Liabilities Total	12.0B	13.2B	14.2B	12.8B	16.4B	12.5B
Non Current Liabilities Other	(1.4B)	(914.3M)	658.5M	793.4M	822.2M	863.3M
Net Debt	11.2B	11.1B	13.1B	9.9B	13.8B	11.9B
Net Invested Capital	28.5B	28.3B	32.7B	32.6B	34.5B	31.9B
Net Working Capital	(1.4B)	(4.9B)	(2.9B)	(3.8B)	(3.9B)	(4.1B)

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

Other Information on Investing in Western Stock

Balance Sheet is a snapshot of the financial position of Western Mining at a specified time, usually calculated after every quarter, six months, or one year. Western Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Western currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Western Free Cash Flow vs Net Income Analysis

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Income

Western Mining fundamental ratios Correlations

Western Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Mining fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Western Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.96	Total Current Liabilities
Property Plant Equipment	+ 0.96	Long Term Debt
Property Plant Equipment	+ 0.96	Intangible Assets
Intangible Assets	+ 0.95	Long Term Debt
Total Current Liabilities	+ 0.92	Total Assets

Long Term Investments	- 0.96	Intangible Assets
Short Term Debt	- 0.91	Long Term Investments
Short Long Term Debt	- 0.88	Long Term Investments
Long Term Investments	- 0.87	Property Plant Equipment
Long Term Investments	- 0.86	Long Term Debt
Short Term Debt	- 0.84	Good Will