Westinghouse Short Term Debt vs Total Liab Analysis
WAB Stock | USD 199.15 1.12 0.57% |
Westinghouse Air financial indicator trend analysis is more than just analyzing Westinghouse Air Brake current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westinghouse Air Brake is a good investment. Please check the relationship between Westinghouse Air Short Term Debt and its Total Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. 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.
Short Term Debt vs Total Liab
Short Term Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westinghouse Air Brake Short Term Debt account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Westinghouse Air's Short Term Debt and Total Liab is 0.65. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Westinghouse Air Brake, assuming nothing else is changed. The correlation between historical values of Westinghouse Air's Short Term Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Westinghouse Air Brake are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Debt i.e., Westinghouse Air's Short Term Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Westinghouse Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westinghouse Air Brake 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. 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. At present, Westinghouse Air's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4 B, whereas Tax Provision is forecasted to decline to about 167.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.8B | 8.4B | 9.7B | 10.2B | Depreciation And Amortization | 491M | 479M | 529M | 555.5M |
Westinghouse Air fundamental ratios Correlations
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Westinghouse Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Westinghouse Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.9B | 18.5B | 18.5B | 18.5B | 19.0B | 19.9B | |
Short Long Term Debt Total | 4.4B | 4.2B | 4.1B | 4.0B | 4.4B | 4.6B | |
Other Current Liab | 1.4B | 1.2B | 1.3B | 1.1B | 1.2B | 1.2B | |
Total Current Liabilities | 3.3B | 3.2B | 2.9B | 3.5B | 4.1B | 4.3B | |
Total Stockholder Equity | 10.0B | 10.1B | 10.2B | 10.1B | 10.5B | 11.0B | |
Property Plant And Equipment Net | 1.7B | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | |
Net Debt | 3.7B | 3.2B | 3.6B | 3.5B | 3.8B | 4.0B | |
Retained Earnings | 3.3B | 3.6B | 4.1B | 4.6B | 5.3B | 5.5B | |
Accounts Payable | 1.2B | 909.4M | 1.0B | 1.3B | 1.3B | 1.3B | |
Non Current Assets Total | 14.7B | 14.6B | 14.6B | 14.2B | 14.1B | 14.8B | |
Non Currrent Assets Other | 573.7M | 618.7M | 833M | 257M | 155M | 116.2M | |
Net Receivables | 1.7B | 1.4B | 1.5B | 1.5B | 1.7B | 1.8B | |
Common Stock Shares Outstanding | 177.3M | 190.4M | 188.1M | 182.8M | 179.5M | 113.7M | |
Liabilities And Stockholders Equity | 18.9B | 18.5B | 18.5B | 18.5B | 19.0B | 19.9B | |
Non Current Liabilities Total | 5.6B | 5.1B | 5.3B | 4.9B | 4.4B | 4.6B | |
Inventory | 1.8B | 1.6B | 1.7B | 2.0B | 2.3B | 2.4B | |
Other Current Assets | 150.9M | 226.5M | 193M | 233M | 267M | 280.4M | |
Other Stockholder Equity | 7.1B | 6.9B | 6.6B | 6.2B | 5.8B | 6.1B | |
Total Liab | 8.9B | 8.3B | 8.2B | 8.4B | 8.5B | 8.9B | |
Total Current Assets | 4.2B | 3.9B | 3.8B | 4.3B | 4.9B | 5.1B | |
Short Term Debt | 95.7M | 447.2M | 2M | 251M | 842M | 884.1M | |
Intangible Assets | 4.1B | 3.9B | 3.7B | 3.4B | 3.2B | 3.4B | |
Cash | 604.2M | 598.7M | 473M | 541M | 620M | 651M | |
Cash And Short Term Investments | 604.2M | 598.7M | 473M | 541M | 620M | 651M | |
Property Plant And Equipment Gross | 1.7B | 1.6B | 1.5B | 1.4B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | (382.6M) | (339.1M) | (466M) | (661M) | (590M) | (560.5M) | |
Other Liab | 1.1B | 1.3B | 1.2B | 855M | 983.3M | 1.0B | |
Other Assets | 631.7M | 620M | 833M | 850M | 977.5M | 1.0B | |
Long Term Debt | 4.3B | 3.8B | 4.1B | 3.8B | 3.3B | 3.5B | |
Good Will | 8.4B | 8.5B | 8.6B | 8.5B | 8.8B | 9.2B | |
Treasury Stock | (816.1M) | (807.1M) | (1.0B) | (1.3B) | (1.2B) | (1.1B) | |
Property Plant Equipment | 1.7B | 1.6B | 1.5B | 1.4B | 1.6B | 1.7B | |
Current Deferred Revenue | 604.2M | 642.7M | 629M | 772M | 804M | 844.2M | |
Net Tangible Assets | (2.5B) | (2.2B) | 10.2B | 10.1B | 11.6B | 12.2B | |
Noncontrolling Interest In Consolidated Entity | 37.1M | 30.4M | 38M | 45M | 51.8M | 81.1M | |
Retained Earnings Total Equity | 3.3B | 3.6B | 4.1B | 4.6B | 5.3B | 2.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air'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 Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. 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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Construction Machinery & Heavy Transportation Equipment 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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.226 | Dividend Share 0.77 | Earnings Share 5.99 | Revenue Per Share 58.76 | Quarterly Revenue Growth 0.044 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.