Westamerica Other Non Cash Items vs Net Income Analysis

WABC Stock  USD 57.54  0.03  0.05%   
Westamerica Bancorporation financial indicator trend analysis is more than just analyzing Westamerica Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westamerica Bancorporation is a good investment. Please check the relationship between Westamerica Bancorporation Other Non Cash Items and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westamerica Bancorporation Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Westamerica Bancorporation's Other Non Cash Items and Net Income is 0.2. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Westamerica Bancorporation, assuming nothing else is changed. The correlation between historical values of Westamerica Bancorporation's Other Non Cash Items 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 Other Non Cash Items of Westamerica Bancorporation 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 Other Non Cash Items i.e., Westamerica Bancorporation's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Westamerica Bancorporation financial statement analysis. It represents the amount of money remaining after all of Westamerica Bancorporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Westamerica Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westamerica Bancorporation 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 Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.At present, Westamerica Bancorporation's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.02, whereas Tax Provision is forecasted to decline to about 34.2 M.
 2021 2022 2023 2024 (projected)
Operating Income117.0M167.5M221.6M133.1M
Other Operating Expenses97.8M2.6M82.6M86.8M

Westamerica Bancorporation fundamental ratios Correlations

0.710.320.30.280.690.67-0.310.530.390.530.260.090.210.310.37-0.350.70.420.270.440.490.730.690.260.4
0.710.440.430.720.930.87-0.580.540.580.780.67-0.250.710.130.49-0.571.00.57-0.050.590.780.950.920.410.83
0.320.440.0-0.010.430.35-0.71-0.210.77-0.060.270.00.49-0.01-0.320.310.44-0.040.610.870.030.250.150.580.12
0.30.430.00.160.350.39-0.170.220.160.380.050.060.34-0.340.15-0.160.440.26-0.030.130.40.410.380.010.32
0.280.72-0.010.160.650.61-0.340.620.310.920.86-0.580.650.190.82-0.90.720.62-0.70.240.880.760.750.230.8
0.690.930.430.350.650.92-0.590.460.580.70.59-0.30.620.050.46-0.460.910.44-0.020.560.70.930.920.460.77
0.670.870.350.390.610.92-0.440.560.450.710.53-0.470.610.150.48-0.470.850.56-0.070.470.760.870.840.450.72
-0.31-0.58-0.71-0.17-0.34-0.59-0.440.08-0.98-0.27-0.50.13-0.690.27-0.010.01-0.58-0.09-0.22-0.7-0.28-0.45-0.35-0.36-0.31
0.530.54-0.210.220.620.460.560.08-0.020.790.24-0.470.060.690.89-0.80.540.93-0.440.180.840.570.650.270.74
0.390.580.770.160.310.580.45-0.98-0.020.270.47-0.150.65-0.150.030.00.580.160.270.780.310.430.320.450.28
0.530.78-0.060.380.920.70.71-0.270.790.270.71-0.50.550.260.89-0.920.780.75-0.60.240.960.830.820.250.81
0.260.670.270.050.860.590.53-0.50.240.470.71-0.410.830.020.47-0.660.670.28-0.460.330.640.690.590.210.53
0.09-0.250.00.06-0.58-0.3-0.470.13-0.47-0.15-0.5-0.41-0.31-0.3-0.580.47-0.24-0.550.56-0.21-0.58-0.21-0.24-0.41-0.46
0.210.710.490.340.650.620.61-0.690.060.650.550.83-0.31-0.280.18-0.350.710.21-0.190.430.570.640.50.290.48
0.310.13-0.01-0.340.190.050.150.270.69-0.150.260.02-0.3-0.280.48-0.390.140.65-0.080.250.350.110.180.310.34
0.370.49-0.320.150.820.460.48-0.010.890.030.890.47-0.580.180.48-0.920.490.8-0.720.080.860.570.640.190.72
-0.35-0.570.31-0.16-0.9-0.46-0.470.01-0.80.0-0.92-0.660.47-0.35-0.39-0.92-0.58-0.730.760.0-0.85-0.67-0.7-0.02-0.74
0.71.00.440.440.720.910.85-0.580.540.580.780.67-0.240.710.140.49-0.580.58-0.060.590.780.950.910.40.83
0.420.57-0.040.260.620.440.56-0.090.930.160.750.28-0.550.210.650.8-0.730.58-0.380.320.840.520.580.280.78
0.27-0.050.61-0.03-0.7-0.02-0.07-0.22-0.440.27-0.6-0.460.56-0.19-0.08-0.720.76-0.06-0.380.37-0.54-0.17-0.220.13-0.37
0.440.590.870.130.240.560.47-0.70.180.780.240.33-0.210.430.250.080.00.590.320.370.350.40.360.70.41
0.490.780.030.40.880.70.76-0.280.840.310.960.64-0.580.570.350.86-0.850.780.84-0.540.350.780.780.380.85
0.730.950.250.410.760.930.87-0.450.570.430.830.69-0.210.640.110.57-0.670.950.52-0.170.40.780.970.250.8
0.690.920.150.380.750.920.84-0.350.650.320.820.59-0.240.50.180.64-0.70.910.58-0.220.360.780.970.240.87
0.260.410.580.010.230.460.45-0.360.270.450.250.21-0.410.290.310.19-0.020.40.280.130.70.380.250.240.37
0.40.830.120.320.80.770.72-0.310.740.280.810.53-0.460.480.340.72-0.740.830.78-0.370.410.850.80.870.37
Click cells to compare fundamentals

Westamerica Bancorporation Account Relationship Matchups

Westamerica Bancorporation fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding27.0M27.0M26.9M26.9M26.7M30.1M
Total Assets5.6B6.8B7.5B7.0B6.4B4.7B
Short Long Term Debt Total48.1M121.4M164.2M73.5M18.8M17.9M
Other Current Liab2.2B2.7B3.1B3.0B2.6B2.7B
Total Current Liabilities2.3B2.8B3.2B3.1B2.7B1.7B
Total Stockholder Equity731.4M844.8M827.1M602.1M772.9M467.4M
Property Plant And Equipment Net51.7M51.6M49.1M44.6M45.8M39.1M
Net Debt(325.4M)(499.9M)(967.9M)(220.7M)(171.5M)(162.9M)
Retained Earnings239.1M264.4M306.4M383.1M490.0M514.5M
Cash373.4M621.3M1.1B294.2M190.3M334.3M
Non Current Assets Total5.2B6.1B6.3B6.6B6.2B6.5B
Non Currrent Assets Other5.0B5.9B6.1B6.3B1.1B1.2B
Other Assets(1.8B)(2.7B)(3.4B)2.2B1.00.95
Cash And Short Term Investments3.5B4.7B5.8B4.6B190.3M180.8M
Net Receivables28.8M33.0M35.5M53.6M54.6M64.5M
Liabilities And Stockholders Equity5.6B6.8B7.5B7.0B6.4B4.7B
Non Current Liabilities Total2.6B3.1B3.4B3.2B5.6B5.9B
Other Stockholder Equity(438.6M)(351.6M)(421.3M)(731.2M)(658.0M)(625.1M)
Total Liab4.9B5.9B6.7B6.3B5.6B4.3B
Property Plant And Equipment Gross51.7M51.6M106.7M104.7M107.7M113.0M
Total Current Assets406.0M658.9M1.2B352.7M190.3M180.8M
Short Term Debt37.0M108.2M153.1M63.6M64.2M61.0M
Accumulated Other Comprehensive Income465.5M466.0M471.0M475.1M(190.2M)(180.7M)
Short Term Investments3.1B4.1B4.6B4.3B4.0B4.2B
Common Stock465.5M466.0M471.0M475.1M473.1M384.7M
Common Stock Total Equity465.5M466.0M471.0M475.1M546.3M385.6M
Other Liab27.5M112.6M73.7M49.4M56.8M57.8M
Accounts Payable4.8B5.7B6.4B6.2B7.2B4.7B
Inventory(3.5B)(4.7B)(5.8B)(4.7B)(244.9M)(257.1M)
Intangible Assets123.1M122.8M122.5M122.3M347K329.7K
Property Plant Equipment34.6M32.8M31.2M28.8M25.9M28.1M
Other Current Assets406.0M663.4M1.2B357.6M250.1M237.6M
Net Tangible Assets608.4M722.0M704.6M479.9M551.8M533.9M
Retained Earnings Total Equity239.1M264.4M306.4M383.1M440.6M227.3M
Long Term Investments3.8B4.1B4.9B5.2B4.9B3.5B
Non Current Liabilities Other44.6M112.6M73.7M65.1M74.9M64.2M
Short Long Term Debt30.9M102.5M146.2M57.8M66.5M70.8M

Also Currently Popular

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 Westamerica Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westamerica Bancorporation'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 Westamerica Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westamerica Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westamerica Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional 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 Westamerica Bancorporation. If investors know Westamerica 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 Westamerica Bancorporation 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
(0.16)
Dividend Share
1.76
Earnings Share
5.49
Revenue Per Share
11.398
Quarterly Revenue Growth
(0.10)
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation'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 Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation'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 Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation'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.