Western Net Receivables vs Net Debt Analysis

IGI Stock  USD 16.62  0.01  0.06%   
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 Net Receivables and its Net Debt 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.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Asset Investment Net Receivables account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Western Asset's Net Receivables and Net Debt is 0.43. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt 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 Net Receivables and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Western Asset Investment are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Western Asset's Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 Income10.0M10.3M9.2M8.6M
Net Interest Income10.0M10.3M9.2M8.6M

Western Asset fundamental ratios Correlations

-0.770.53-0.5-0.76-0.44-0.6-0.760.130.07-0.521.0-0.77-0.49-0.76-0.511.01.0-0.710.810.82-0.49-0.6-0.650.17
-0.77-0.510.451.00.80.561.0-0.71-0.30.61-0.760.760.431.00.6-0.76-0.760.79-0.82-0.860.650.650.7-0.2
0.53-0.51-0.99-0.48-0.15-1.0-0.490.22-0.05-0.70.5-0.62-0.98-0.49-0.690.50.5-0.520.550.65-0.79-0.93-0.860.02
-0.50.45-0.990.420.10.970.44-0.220.040.68-0.460.541.00.440.67-0.46-0.460.46-0.47-0.570.770.920.82-0.02
-0.761.0-0.480.420.810.541.0-0.71-0.310.6-0.750.750.41.00.58-0.76-0.750.78-0.82-0.860.630.620.68-0.21
-0.440.8-0.150.10.810.190.82-0.74-0.710.05-0.460.260.050.820.03-0.46-0.460.63-0.62-0.620.340.220.32-0.28
-0.60.56-1.00.970.540.190.55-0.220.040.71-0.570.670.970.550.7-0.57-0.570.58-0.61-0.70.790.940.88-0.03
-0.761.0-0.490.441.00.820.55-0.71-0.330.58-0.760.740.411.00.57-0.76-0.760.79-0.82-0.860.630.630.69-0.21
0.13-0.710.22-0.22-0.71-0.74-0.22-0.710.42-0.380.11-0.25-0.18-0.71-0.360.110.11-0.430.360.41-0.47-0.38-0.360.14
0.07-0.3-0.050.04-0.31-0.710.04-0.330.420.390.090.260.11-0.330.390.090.090.00.020.04-0.20.08-0.080.39
-0.520.61-0.70.680.60.050.710.58-0.380.39-0.480.860.70.581.0-0.49-0.480.43-0.47-0.560.690.830.760.09
1.0-0.760.5-0.46-0.75-0.46-0.57-0.760.110.09-0.48-0.76-0.46-0.76-0.471.01.0-0.70.810.81-0.46-0.56-0.620.18
-0.770.76-0.620.540.750.260.670.74-0.250.260.86-0.760.550.740.86-0.76-0.760.62-0.72-0.770.630.740.78-0.04
-0.490.43-0.981.00.40.050.970.41-0.180.110.7-0.460.550.410.69-0.46-0.450.45-0.46-0.570.750.920.810.01
-0.761.0-0.490.441.00.820.551.0-0.71-0.330.58-0.760.740.410.57-0.76-0.760.79-0.82-0.860.630.630.69-0.21
-0.510.6-0.690.670.580.030.70.57-0.360.391.0-0.470.860.690.57-0.47-0.460.41-0.44-0.540.690.820.750.1
1.0-0.760.5-0.46-0.76-0.46-0.57-0.760.110.09-0.491.0-0.76-0.46-0.76-0.471.0-0.710.810.82-0.47-0.56-0.620.18
1.0-0.760.5-0.46-0.75-0.46-0.57-0.760.110.09-0.481.0-0.76-0.45-0.76-0.461.0-0.710.810.81-0.46-0.56-0.620.18
-0.710.79-0.520.460.780.630.580.79-0.430.00.43-0.70.620.450.790.41-0.71-0.71-0.98-0.970.370.560.51-0.04
0.81-0.820.55-0.47-0.82-0.62-0.61-0.820.360.02-0.470.81-0.72-0.46-0.82-0.440.810.81-0.980.99-0.41-0.58-0.580.07
0.82-0.860.65-0.57-0.86-0.62-0.7-0.860.410.04-0.560.81-0.77-0.57-0.86-0.540.820.81-0.970.99-0.55-0.69-0.690.12
-0.490.65-0.790.770.630.340.790.63-0.47-0.20.69-0.460.630.750.630.69-0.47-0.460.37-0.41-0.550.870.96-0.49
-0.60.65-0.930.920.620.220.940.63-0.380.080.83-0.560.740.920.630.82-0.56-0.560.56-0.58-0.690.870.93-0.1
-0.650.7-0.860.820.680.320.880.69-0.36-0.080.76-0.620.780.810.690.75-0.62-0.620.51-0.58-0.690.960.93-0.37
0.17-0.20.02-0.02-0.21-0.28-0.03-0.210.140.390.090.18-0.040.01-0.210.10.180.18-0.040.070.12-0.49-0.1-0.37
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Western Asset Account Relationship Matchups

Western Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding10.8M10.8M10.8M10.8M12.5M11.9M
Total Assets240.4M234.6M188.7M186.2M167.6M174.1M
Other Current Liab(721.0K)(1.4M)(1.6M)(797.5K)(917.1K)(962.9K)
Total Current Liabilities721.0K1.4M1.6M921.6K829.5K1.5M
Total Stockholder Equity239.5M232.8M186.9M185.2M166.7M172.4M
Retained Earnings33.0M26.3M(19.7M)(21.4M)(19.3M)(18.3M)
Accounts Payable721.0K1.4M1.6M743.1K668.8K635.3K
Non Current Assets Total237.4M231.8M185.6M183.1M164.8M171.4M
Non Currrent Assets Other(237.4M)(231.8M)(185.6M)(183.1M)(210.5M)(221.1M)
Other Assets366.3K309.1K696.2K465.3K535.1K478.3K
Net Receivables2.6M2.5M2.5M2.5M2.3M2.3M
Liabilities And Stockholders Equity240.4M234.6M188.7M186.2M167.6M174.1M
Other Stockholder Equity206.3M206.5M206.6M206.6M185.9M167.5M
Total Liab721.0K1.4M1.8M997.2K897.5K1.6M
Long Term Investments237.4M231.8M185.6M183.1M164.8M171.4M
Total Current Assets2.6M2.5M2.5M2.6M2.4M2.3M
Common Stock10.8K10.8K10.8K10.8K12.5K11.9K
Capital Stock10.8K10.8K10.8K10.8K12.5K11.9K
Net Debt(367.0)(17.9K)(560.0)(109.4K)(98.4K)(93.5K)
Cash367.017.9K560.0109.4K125.8K132.0K
Cash And Short Term Investments367.017.9K560.01.4M1.6M1.7M
Short Term Investments781.6K2.4M838.0K1.3M1.1M1.2M
Non Current Liabilities Total910.1K1.8M1.6M997.2K897.5K1.3M
Inventory3.4M4.8M3.8M3.9M3.5M3.3M
Other Current Assets(4.1M)(7.3M)(4.7M)(5.2M)(4.6M)(4.9M)

Currently Active Assets on Macroaxis

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:
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.