Western Change In Cash vs Net Income Analysis

IGI Stock

USD 16.66 0.05 0.30%

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

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Asset Investment Change In Cash account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Western Asset's Change In Cash and Net Income is -0.58. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Western Asset Investment, assuming nothing else is changed. The correlation between historical values of Western Asset's Change In Cash 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 Change In Cash of Western Asset Investment 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 Change In Cash i.e., Western Asset's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Net Income

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

Most indicators from Western Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Asset Investment 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

As of now, Western Asset's Sales General And Administrative To Revenue is increasing as compared to previous years. The Western Asset's current Enterprise Value is estimated to increase to about 233.6 M, while Selling General Administrative is projected to decrease to under 194.7 K.

	2021	2022	2023	2024 (projected)
Interest Income	10.0M	10.3M	9.2M	8.6M
Net Interest Income	10.0M	10.3M	9.2M	8.6M

Interest Income Net Interest Income

Western Asset fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Total Equity	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Capital Stock	Net Debt	Cash	Cash And Short Term Investments	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets
Common Stock Shares Outstanding		-0.77	0.53	-0.5	-0.76	-0.44	-0.6	-0.76	0.13	0.07	-0.52	1.0	-0.77	-0.49	-0.76	-0.51	1.0	1.0	-0.71	0.81	0.82	-0.49	-0.6	-0.65	0.17
Total Assets	-0.77		-0.51	0.45	1.0	0.8	0.56	1.0	-0.71	-0.3	0.61	-0.76	0.76	0.43	1.0	0.6	-0.76	-0.76	0.79	-0.82	-0.86	0.65	0.65	0.7	-0.2
Other Current Liab	0.53	-0.51		-0.99	-0.48	-0.15	-1.0	-0.49	0.22	-0.05	-0.7	0.5	-0.62	-0.98	-0.49	-0.69	0.5	0.5	-0.52	0.55	0.65	-0.79	-0.93	-0.86	0.02
Total Current Liabilities	-0.5	0.45	-0.99		0.42	0.1	0.97	0.44	-0.22	0.04	0.68	-0.46	0.54	1.0	0.44	0.67	-0.46	-0.46	0.46	-0.47	-0.57	0.77	0.92	0.82	-0.02
Total Stockholder Equity	-0.76	1.0	-0.48	0.42		0.81	0.54	1.0	-0.71	-0.31	0.6	-0.75	0.75	0.4	1.0	0.58	-0.76	-0.75	0.78	-0.82	-0.86	0.63	0.62	0.68	-0.21
Retained Earnings	-0.44	0.8	-0.15	0.1	0.81		0.19	0.82	-0.74	-0.71	0.05	-0.46	0.26	0.05	0.82	0.03	-0.46	-0.46	0.63	-0.62	-0.62	0.34	0.22	0.32	-0.28
Accounts Payable	-0.6	0.56	-1.0	0.97	0.54	0.19		0.55	-0.22	0.04	0.71	-0.57	0.67	0.97	0.55	0.7	-0.57	-0.57	0.58	-0.61	-0.7	0.79	0.94	0.88	-0.03
Non Current Assets Total	-0.76	1.0	-0.49	0.44	1.0	0.82	0.55		-0.71	-0.33	0.58	-0.76	0.74	0.41	1.0	0.57	-0.76	-0.76	0.79	-0.82	-0.86	0.63	0.63	0.69	-0.21
Non Currrent Assets Other	0.13	-0.71	0.22	-0.22	-0.71	-0.74	-0.22	-0.71		0.42	-0.38	0.11	-0.25	-0.18	-0.71	-0.36	0.11	0.11	-0.43	0.36	0.41	-0.47	-0.38	-0.36	0.14
Other Assets	0.07	-0.3	-0.05	0.04	-0.31	-0.71	0.04	-0.33	0.42		0.39	0.09	0.26	0.11	-0.33	0.39	0.09	0.09	0.0	0.02	0.04	-0.2	0.08	-0.08	0.39
Net Receivables	-0.52	0.61	-0.7	0.68	0.6	0.05	0.71	0.58	-0.38	0.39		-0.48	0.86	0.7	0.58	1.0	-0.49	-0.48	0.43	-0.47	-0.56	0.69	0.83	0.76	0.09
Common Stock Total Equity	1.0	-0.76	0.5	-0.46	-0.75	-0.46	-0.57	-0.76	0.11	0.09	-0.48		-0.76	-0.46	-0.76	-0.47	1.0	1.0	-0.7	0.81	0.81	-0.46	-0.56	-0.62	0.18
Other Stockholder Equity	-0.77	0.76	-0.62	0.54	0.75	0.26	0.67	0.74	-0.25	0.26	0.86	-0.76		0.55	0.74	0.86	-0.76	-0.76	0.62	-0.72	-0.77	0.63	0.74	0.78	-0.04
Total Liab	-0.49	0.43	-0.98	1.0	0.4	0.05	0.97	0.41	-0.18	0.11	0.7	-0.46	0.55		0.41	0.69	-0.46	-0.45	0.45	-0.46	-0.57	0.75	0.92	0.81	0.01
Long Term Investments	-0.76	1.0	-0.49	0.44	1.0	0.82	0.55	1.0	-0.71	-0.33	0.58	-0.76	0.74	0.41		0.57	-0.76	-0.76	0.79	-0.82	-0.86	0.63	0.63	0.69	-0.21
Total Current Assets	-0.51	0.6	-0.69	0.67	0.58	0.03	0.7	0.57	-0.36	0.39	1.0	-0.47	0.86	0.69	0.57		-0.47	-0.46	0.41	-0.44	-0.54	0.69	0.82	0.75	0.1
Common Stock	1.0	-0.76	0.5	-0.46	-0.76	-0.46	-0.57	-0.76	0.11	0.09	-0.49	1.0	-0.76	-0.46	-0.76	-0.47		1.0	-0.71	0.81	0.82	-0.47	-0.56	-0.62	0.18
Capital Stock	1.0	-0.76	0.5	-0.46	-0.75	-0.46	-0.57	-0.76	0.11	0.09	-0.48	1.0	-0.76	-0.45	-0.76	-0.46	1.0		-0.71	0.81	0.81	-0.46	-0.56	-0.62	0.18
Net Debt	-0.71	0.79	-0.52	0.46	0.78	0.63	0.58	0.79	-0.43	0.0	0.43	-0.7	0.62	0.45	0.79	0.41	-0.71	-0.71		-0.98	-0.97	0.37	0.56	0.51	-0.04
Cash	0.81	-0.82	0.55	-0.47	-0.82	-0.62	-0.61	-0.82	0.36	0.02	-0.47	0.81	-0.72	-0.46	-0.82	-0.44	0.81	0.81	-0.98		0.99	-0.41	-0.58	-0.58	0.07
Cash And Short Term Investments	0.82	-0.86	0.65	-0.57	-0.86	-0.62	-0.7	-0.86	0.41	0.04	-0.56	0.81	-0.77	-0.57	-0.86	-0.54	0.82	0.81	-0.97	0.99		-0.55	-0.69	-0.69	0.12
Short Term Investments	-0.49	0.65	-0.79	0.77	0.63	0.34	0.79	0.63	-0.47	-0.2	0.69	-0.46	0.63	0.75	0.63	0.69	-0.47	-0.46	0.37	-0.41	-0.55		0.87	0.96	-0.49
Non Current Liabilities Total	-0.6	0.65	-0.93	0.92	0.62	0.22	0.94	0.63	-0.38	0.08	0.83	-0.56	0.74	0.92	0.63	0.82	-0.56	-0.56	0.56	-0.58	-0.69	0.87		0.93	-0.1
Inventory	-0.65	0.7	-0.86	0.82	0.68	0.32	0.88	0.69	-0.36	-0.08	0.76	-0.62	0.78	0.81	0.69	0.75	-0.62	-0.62	0.51	-0.58	-0.69	0.96	0.93		-0.37
Other Current Assets	0.17	-0.2	0.02	-0.02	-0.21	-0.28	-0.03	-0.21	0.14	0.39	0.09	0.18	-0.04	0.01	-0.21	0.1	0.18	0.18	-0.04	0.07	0.12	-0.49	-0.1	-0.37

Click cells to compare fundamentals

Western Asset Account Relationship Matchups

Western Asset fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	10.8M	10.8M	10.8M	10.8M	12.5M	11.9M
Total Assets	240.4M	234.6M	188.7M	186.2M	167.6M	174.1M
Other Current Liab	(721.0K)	(1.4M)	(1.6M)	(797.5K)	(917.1K)	(962.9K)
Total Current Liabilities	721.0K	1.4M	1.6M	921.6K	829.5K	1.5M
Total Stockholder Equity	239.5M	232.8M	186.9M	185.2M	166.7M	172.4M
Retained Earnings	33.0M	26.3M	(19.7M)	(21.4M)	(19.3M)	(18.3M)
Accounts Payable	721.0K	1.4M	1.6M	743.1K	668.8K	635.3K
Non Current Assets Total	237.4M	231.8M	185.6M	183.1M	164.8M	171.4M
Non Currrent Assets Other	(237.4M)	(231.8M)	(185.6M)	(183.1M)	(210.5M)	(221.1M)
Other Assets	366.3K	309.1K	696.2K	465.3K	535.1K	478.3K
Net Receivables	2.6M	2.5M	2.5M	2.5M	2.3M	2.3M
Liabilities And Stockholders Equity	240.4M	234.6M	188.7M	186.2M	167.6M	174.1M
Other Stockholder Equity	206.3M	206.5M	206.6M	206.6M	185.9M	167.5M
Total Liab	721.0K	1.4M	1.8M	997.2K	897.5K	1.6M
Long Term Investments	237.4M	231.8M	185.6M	183.1M	164.8M	171.4M
Total Current Assets	2.6M	2.5M	2.5M	2.6M	2.4M	2.3M
Common Stock	10.8K	10.8K	10.8K	10.8K	12.5K	11.9K
Capital Stock	10.8K	10.8K	10.8K	10.8K	12.5K	11.9K
Net Debt	(367.0)	(17.9K)	(560.0)	(109.4K)	(98.4K)	(93.5K)
Cash	367.0	17.9K	560.0	109.4K	125.8K	132.0K
Cash And Short Term Investments	367.0	17.9K	560.0	1.4M	1.6M	1.7M
Short Term Investments	781.6K	2.4M	838.0K	1.3M	1.1M	1.2M
Non Current Liabilities Total	910.1K	1.8M	1.6M	997.2K	897.5K	1.3M
Inventory	3.4M	4.8M	3.8M	3.9M	3.5M	3.3M
Other Current Assets	(4.1M)	(7.3M)	(4.7M)	(5.2M)	(4.6M)	(4.9M)

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When determining whether Western Asset Investment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Asset's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Asset Investment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Asset Investment Stock:

How To Invest In Western

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Is Western Stock a good investment?

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What is Western Asset's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Asset. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

0.97

The market value of Western Asset Investment is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Asset's market value can be influenced by many factors that don't directly affect Western Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Western Change In Cash vs Net Income Analysis

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

Correlation Coefficient

Change In Cash

Net Income

Western Asset fundamental ratios Correlations

Western Asset Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Asset fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Shares Outstanding
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Investments	+ 1.0	Total Assets

Accounts Payable	- 1.0	Other Current Liab
Total Current Liabilities	- 0.99	Other Current Liab
Cash	- 0.98	Net Debt
Total Liab	- 0.98	Other Current Liab
Cash And Short Term Investments	- 0.97	Net Debt
Non Current Liabilities Total	- 0.93	Other Current Liab