Washington Net Invested Capital vs Capital Stock Analysis

WASH Stock

USD 37.73 0.32 0.86%

Washington Trust financial indicator trend analysis is more than just analyzing Washington Trust Bancorp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Washington Trust Bancorp is a good investment. Please check the relationship between Washington Trust Net Invested Capital and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Invested Capital vs Capital Stock

Net Invested Capital vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Washington Trust Bancorp Net Invested Capital account and Capital Stock. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Washington Trust's Net Invested Capital and Capital Stock is 0.53. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Washington Trust Bancorp, assuming nothing else is changed. The correlation between historical values of Washington Trust's Net Invested Capital and Capital Stock 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 Invested Capital of Washington Trust Bancorp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Invested Capital i.e., Washington Trust's Net Invested Capital and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Washington Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Washington Trust Bancorp 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 Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

As of now, Washington Trust's Tax Provision is decreasing as compared to previous years. The Washington Trust's current Enterprise Value is estimated to increase to about 973.6 M, while Selling General Administrative is projected to decrease to under 44.3 M.

	2021	2022	2023	2024 (projected)
Operating Income	98.2M	129.6M	72.7M	77.1M
Other Operating Expenses	130.6M	5.7M	117.4M	123.3M

Operating Income Other Operating Expenses

Washington Trust fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.58	0.86	0.48	0.35	0.58	0.66	0.01	-0.07	0.52	0.59	-0.01	0.97	0.24	0.16	0.4	0.42	0.06	0.48	0.35	0.43	0.89	0.88	0.55	0.48	-0.08
Total Assets	0.58		0.67	0.73	0.72	0.99	0.53	0.65	0.46	0.81	0.34	-0.34	0.55	0.56	0.85	-0.34	0.78	0.75	0.61	0.44	0.32	0.78	0.79	0.59	0.98	0.66
Total Stockholder Equity	0.86	0.67		0.78	0.29	0.7	0.87	0.03	-0.16	0.36	0.77	-0.27	0.93	0.01	0.29	0.1	0.38	0.07	0.42	0.2	0.49	0.81	0.8	0.76	0.6	-0.02
Property Plant And Equipment Net	0.48	0.73	0.78		0.37	0.78	0.75	0.27	0.08	0.3	0.5	-0.28	0.57	0.05	0.62	-0.53	0.44	0.41	0.56	0.1	0.25	0.61	0.61	0.78	0.73	0.4
Net Debt	0.35	0.72	0.29	0.37		0.66	0.03	0.63	0.49	0.8	0.04	-0.18	0.29	0.74	0.66	-0.19	0.99	0.76	0.28	0.26	0.5	0.58	0.58	0.1	0.62	0.6
Retained Earnings	0.58	0.99	0.7	0.78	0.66		0.58	0.6	0.39	0.75	0.4	-0.37	0.56	0.49	0.83	-0.36	0.72	0.7	0.62	0.41	0.31	0.76	0.77	0.63	0.98	0.63
Cash	0.66	0.53	0.87	0.75	0.03	0.58		-0.1	-0.27	0.07	0.77	-0.18	0.74	-0.3	0.22	-0.06	0.13	-0.1	0.23	0.08	0.27	0.54	0.53	0.88	0.49	-0.14
Non Current Assets Total	0.01	0.65	0.03	0.27	0.63	0.6	-0.1		0.95	0.67	-0.42	-0.17	-0.1	0.62	0.9	-0.46	0.62	0.87	0.36	0.71	0.17	0.43	0.44	0.15	0.71	0.8
Non Currrent Assets Other	-0.07	0.46	-0.16	0.08	0.49	0.39	-0.27	0.95		0.57	-0.65	0.01	-0.22	0.6	0.77	-0.38	0.47	0.78	0.34	0.78	0.06	0.33	0.34	0.0	0.52	0.72
Other Assets	0.52	0.81	0.36	0.3	0.8	0.75	0.07	0.67	0.57		0.03	-0.19	0.41	0.91	0.66	-0.01	0.8	0.78	0.6	0.47	0.24	0.73	0.74	0.19	0.77	0.67
Cash And Short Term Investments	0.59	0.34	0.77	0.5	0.04	0.4	0.77	-0.42	-0.65	0.03		-0.32	0.73	-0.25	-0.12	0.2	0.11	-0.28	0.04	-0.33	0.32	0.33	0.33	0.52	0.26	-0.31
Net Receivables	-0.01	-0.34	-0.27	-0.28	-0.18	-0.37	-0.18	-0.17	0.01	-0.19	-0.32		-0.13	-0.1	-0.26	0.15	-0.21	-0.2	-0.05	0.06	-0.47	-0.11	-0.11	-0.03	-0.36	-0.2
Other Stockholder Equity	0.97	0.55	0.93	0.57	0.29	0.56	0.74	-0.1	-0.22	0.41	0.73	-0.13		0.11	0.09	0.38	0.36	-0.04	0.42	0.2	0.48	0.84	0.83	0.6	0.44	-0.16
Total Liab	0.24	0.56	0.01	0.05	0.74	0.49	-0.3	0.62	0.6	0.91	-0.25	-0.1	0.11		0.53	-0.05	0.71	0.81	0.57	0.32	0.06	0.49	0.49	-0.14	0.54	0.73
Property Plant And Equipment Gross	0.16	0.85	0.29	0.62	0.66	0.83	0.22	0.9	0.77	0.66	-0.12	-0.26	0.09	0.53		-0.66	0.68	0.9	0.52	0.56	0.16	0.52	0.53	0.42	0.89	0.86
Total Current Assets	0.4	-0.34	0.1	-0.53	-0.19	-0.36	-0.06	-0.46	-0.38	-0.01	0.2	0.15	0.38	-0.05	-0.66		-0.19	-0.59	-0.29	0.03	0.26	0.12	0.12	-0.23	-0.43	-0.7
Short Long Term Debt Total	0.42	0.78	0.38	0.44	0.99	0.72	0.13	0.62	0.47	0.8	0.11	-0.21	0.36	0.71	0.68	-0.19		0.75	0.31	0.28	0.52	0.63	0.63	0.19	0.67	0.59
Non Current Liabilities Total	0.06	0.75	0.07	0.41	0.76	0.7	-0.1	0.87	0.78	0.78	-0.28	-0.2	-0.04	0.81	0.9	-0.59	0.75		0.59	0.4	0.04	0.44	0.45	0.13	0.78	0.97
Other Current Liab	0.48	0.61	0.42	0.56	0.28	0.62	0.23	0.36	0.34	0.6	0.04	-0.05	0.42	0.57	0.52	-0.29	0.31	0.59		0.32	-0.19	0.65	0.65	0.35	0.65	0.63
Total Current Liabilities	0.35	0.44	0.2	0.1	0.26	0.41	0.08	0.71	0.78	0.47	-0.33	0.06	0.2	0.32	0.56	0.03	0.28	0.4	0.32		0.25	0.57	0.57	0.21	0.48	0.29
Short Term Debt	0.43	0.32	0.49	0.25	0.5	0.31	0.27	0.17	0.06	0.24	0.32	-0.47	0.48	0.06	0.16	0.26	0.52	0.04	-0.19	0.25		0.46	0.46	0.14	0.21	-0.16
Common Stock Total Equity	0.89	0.78	0.81	0.61	0.58	0.76	0.54	0.43	0.33	0.73	0.33	-0.11	0.84	0.49	0.52	0.12	0.63	0.44	0.65	0.57	0.46		1.0	0.57	0.72	0.29
Common Stock	0.88	0.79	0.8	0.61	0.58	0.77	0.53	0.44	0.34	0.74	0.33	-0.11	0.83	0.49	0.53	0.12	0.63	0.45	0.65	0.57	0.46	1.0		0.57	0.72	0.3
Other Liab	0.55	0.59	0.76	0.78	0.1	0.63	0.88	0.15	0.0	0.19	0.52	-0.03	0.6	-0.14	0.42	-0.23	0.19	0.13	0.35	0.21	0.14	0.57	0.57		0.6	0.1
Accounts Payable	0.48	0.98	0.6	0.73	0.62	0.98	0.49	0.71	0.52	0.77	0.26	-0.36	0.44	0.54	0.89	-0.43	0.67	0.78	0.65	0.48	0.21	0.72	0.72	0.6		0.73
Long Term Debt	-0.08	0.66	-0.02	0.4	0.6	0.63	-0.14	0.8	0.72	0.67	-0.31	-0.2	-0.16	0.73	0.86	-0.7	0.59	0.97	0.63	0.29	-0.16	0.29	0.3	0.1	0.73

Click cells to compare fundamentals

Washington Trust Account Relationship Matchups

Washington Trust fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	17.4M	17.4M	17.5M	17.4M	17.1M	15.1M
Total Assets	5.3B	5.7B	5.9B	6.7B	7.2B	7.6B
Total Stockholder Equity	503.5M	534.2M	564.8M	453.7M	472.7M	246.4M
Property Plant And Equipment Net	55.5M	58.4M	55.6M	58.7M	61.7M	31.2M
Net Debt	1.1B	454.1M	21.4M	916.7M	1.2B	1.2B
Retained Earnings	390.4M	418.2M	458.3M	492.0M	501.9M	527.0M
Cash	132.2M	194.1M	175.3M	115.5M	86.8M	66.4M
Non Current Assets Total	1.0B	1.0B	1.2B	130.1M	7.1B	7.5B
Non Currrent Assets Other	(23.6M)	(32.5M)	(31.7M)	(1.1B)	6.8B	7.1B
Other Assets	3.2B	3.6B	3.5B	6.4B	7.4B	7.7B
Cash And Short Term Investments	1.0B	1.1B	1.2B	1.1B	90.2M	85.7M
Liabilities And Stockholders Equity	5.3B	5.7B	5.9B	6.7B	7.2B	7.6B
Other Stockholder Equity	123.3M	122.3M	125.4M	118.3M	110.8M	60.9M
Total Liab	1.2B	648.3M	196.7M	6.2B	6.7B	7.1B
Property Plant And Equipment Gross	55.5M	58.4M	55.6M	58.7M	108.0M	113.4M
Total Current Assets	1.0B	1.1B	1.2B	119.9M	90.2M	85.7M
Short Long Term Debt Total	1.2B	648.3M	196.7M	1.0B	1.2B	1.3B
Non Current Liabilities Total	1.2B	648.3M	196.7M	4.5B	6.7B	7.1B
Other Current Liab	1.3B	1.7B	3.2B	5.0B	4.6B	2.6B
Total Current Liabilities	2.3B	2.2B	3.3B	29.6M	4.6B	4.9B
Short Term Debt	976.5M	521.1M	114.0M	29.6M	554.2M	314.0M
Accumulated Other Comprehensive Income	(11.2M)	(7.4M)	(20.0M)	(157.8M)	(141.2M)	(134.1M)
Other Liab	67.9M	152.4M	109.6M	79.2M	91.0M	56.8M
Accounts Payable	3.5B	4.4B	5.0B	5.0B	5.8B	6.1B
Short Term Investments	905.8M	902.7M	1.0B	996.9M	3.4M	3.2M
Property Plant Equipment	28.7M	28.9M	55.6M	31.6M	36.3M	30.4M
Other Current Assets	143.0M	220.8M	197.7M	(992.4M)	122.3M	116.2M
Intangible Assets	7.2M	6.3M	5.4M	4.6M	3.7M	6.7M
Net Tangible Assets	432.4M	464.0M	495.5M	385.2M	443.0M	376.5M
Retained Earnings Total Equity	390.4M	418.2M	458.3M	492.0M	565.8M	356.9M
Capital Surpluse	123.3M	125.6M	126.5M	127.1M	146.1M	123.3M
Deferred Long Term Liab	905K	1.5M	1.9M	2.1M	2.4M	2.5M

Currently Active Assets on Macroaxis

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

When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust'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 Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:

How To Invest In Washington

Details

Is Washington Stock a good investment?

Details

What is Washington Trust's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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 Washington Trust. If investors know Washington 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 Washington Trust 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

(0.01)

Dividend Share

2.24

Earnings Share

2.67

Revenue Per Share

11.087

Quarterly Revenue Growth

(0)

The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust'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 Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust'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 Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust'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.

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

Washington Net Invested Capital vs Capital Stock Analysis

Net Invested Capital vs Capital Stock

Net Invested Capital vs Capital Stock Correlation Analysis

Correlation Coefficient

Net Invested Capital

Capital Stock

Washington Trust fundamental ratios Correlations

Washington Trust Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Washington Trust fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Net Debt
Accounts Payable	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Retained Earnings
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding

Long Term Debt	- 0.7	Total Current Assets
Total Current Assets	- 0.66	Property Plant And Equipment Gross
Cash And Short Term Investments	- 0.65	Non Currrent Assets Other
Non Current Liabilities Total	- 0.59	Total Current Assets
Total Current Assets	- 0.53	Property Plant And Equipment Net
Short Term Debt	- 0.47	Net Receivables