Westbond Historical Balance Sheet

WBE Stock  CAD 0.22  0.02  8.33%   
Trend analysis of Westbond Enterprises Corp balance sheet accounts such as Total Assets of 7.3 M, Short Long Term Debt Total of 1.8 M, Other Current Liabilities of 143.7 K or Total Current Liabilities of 1.4 M provides information on Westbond Enterprises' total assets, liabilities, and equity, which is the actual value of Westbond Enterprises Corp to its prevalent stockholders. By breaking down trends over time using Westbond Enterprises balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Westbond Enterprises Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Westbond Enterprises Corp is a good buy for the upcoming year.

Westbond Enterprises Inventory

2.25 Million

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

About Westbond Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Westbond Enterprises Corp at a specified time, usually calculated after every quarter, six months, or one year. Westbond Enterprises Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Westbond Enterprises and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Westbond currently owns. An asset can also be divided into two categories, current and non-current.

Westbond Enterprises Balance Sheet Chart

At this time, Westbond Enterprises' Retained Earnings are fairly stable compared to the past year. Accounts Payable is likely to climb to about 626.6 K in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.8 M in 2024.

Total Assets

Total assets refers to the total amount of Westbond Enterprises assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Westbond Enterprises Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Westbond Enterprises balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Westbond Enterprises Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Westbond Enterprises Corp has held for over one year. Long-term debt appears on Westbond Enterprises Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Westbond Enterprises Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Westbond Enterprises' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Westbond Enterprises Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Westbond Enterprises Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Westbond Enterprises' Retained Earnings are fairly stable compared to the past year. Accounts Payable is likely to climb to about 626.6 K in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.8 M in 2024.
 2021 2023 2024 (projected)
Short and Long Term Debt Total2.4M2.5M1.8M
Total Assets14.3M12.7M7.3M

Westbond Enterprises balance sheet Correlations

0.77-0.050.910.920.980.630.690.460.190.990.160.70.930.920.580.56-0.590.940.770.77-0.63-0.660.090.710.6
0.77-0.20.750.480.840.950.20.65-0.010.84-0.010.590.790.950.140.07-0.550.930.320.69-0.41-0.48-0.090.220.08
-0.05-0.20.060.06-0.08-0.140.16-0.20.05-0.080.08-0.1-0.28-0.180.050.140.07-0.130.110.1-0.18-0.17-0.270.030.09
0.910.750.060.770.910.650.630.650.070.910.040.780.80.860.520.44-0.580.910.660.85-0.58-0.670.040.620.51
0.920.480.060.770.850.310.820.240.320.860.280.610.840.70.720.67-0.460.730.910.66-0.68-0.660.210.830.76
0.980.84-0.080.910.850.720.610.490.071.00.040.670.940.960.510.53-0.620.970.650.77-0.56-0.620.060.670.54
0.630.95-0.140.650.310.720.070.63-0.260.72-0.240.550.690.850.05-0.03-0.530.830.10.65-0.32-0.42-0.020.11-0.01
0.690.20.160.630.820.610.070.040.190.610.160.420.530.420.950.66-0.50.480.760.6-0.55-0.650.440.880.86
0.460.65-0.20.650.240.490.630.04-0.010.490.00.680.510.570.02-0.15-0.020.60.220.4-0.41-0.45-0.1-0.05-0.14
0.19-0.010.050.070.320.07-0.260.19-0.010.071.0-0.050.110.050.09-0.070.20.060.61-0.02-0.2-0.01-0.20.070.1
0.990.84-0.080.910.861.00.720.610.490.070.040.670.940.960.510.53-0.620.970.650.77-0.56-0.630.070.670.54
0.16-0.010.080.040.280.04-0.240.160.01.00.04-0.060.090.030.06-0.140.220.030.58-0.02-0.190.0-0.180.030.07
0.70.59-0.10.780.610.670.550.420.68-0.050.67-0.060.690.640.40.3-0.40.690.590.69-0.66-0.690.090.380.27
0.930.79-0.280.80.840.940.690.530.510.110.940.090.690.90.460.42-0.520.90.650.7-0.55-0.570.20.620.51
0.920.95-0.180.860.70.960.850.420.570.050.960.030.640.90.330.35-0.620.990.510.73-0.47-0.53-0.050.470.33
0.580.140.050.520.720.510.050.950.020.090.510.060.40.460.330.53-0.480.380.670.56-0.58-0.680.590.790.79
0.560.070.140.440.670.53-0.030.66-0.15-0.070.53-0.140.30.420.350.53-0.410.380.490.22-0.21-0.3-0.050.740.66
-0.59-0.550.07-0.58-0.46-0.62-0.53-0.5-0.020.2-0.620.22-0.4-0.52-0.62-0.48-0.41-0.63-0.29-0.720.130.31-0.23-0.6-0.52
0.940.93-0.130.910.730.970.830.480.60.060.970.030.690.90.990.380.38-0.630.550.77-0.5-0.58-0.030.520.38
0.770.320.110.660.910.650.10.760.220.610.650.580.590.650.510.670.49-0.290.550.57-0.7-0.620.140.670.64
0.770.690.10.850.660.770.650.60.4-0.020.77-0.020.690.70.730.560.22-0.720.770.57-0.57-0.650.330.610.55
-0.63-0.41-0.18-0.58-0.68-0.56-0.32-0.55-0.41-0.2-0.56-0.19-0.66-0.55-0.47-0.58-0.210.13-0.5-0.7-0.570.95-0.14-0.29-0.24
-0.66-0.48-0.17-0.67-0.66-0.62-0.42-0.65-0.45-0.01-0.630.0-0.69-0.57-0.53-0.68-0.30.31-0.58-0.62-0.650.95-0.18-0.37-0.3
0.09-0.09-0.270.040.210.06-0.020.44-0.1-0.20.07-0.180.090.2-0.050.59-0.05-0.23-0.030.140.33-0.14-0.180.480.57
0.710.220.030.620.830.670.110.88-0.050.070.670.030.380.620.470.790.74-0.60.520.670.61-0.29-0.370.480.98
0.60.080.090.510.760.54-0.010.86-0.140.10.540.070.270.510.330.790.66-0.520.380.640.55-0.24-0.30.570.98
Click cells to compare fundamentals

Westbond Enterprises Account Relationship Matchups

Westbond Enterprises balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.6M15.5M14.3M13.4M12.7M7.3M
Short Long Term Debt Total3.2M5.2M4.2M2.4M2.5M1.8M
Other Current Liab244.9K620.3K48.9K708.5K151.3K143.7K
Total Current Liabilities2.2M2.2M1.9M1.8M1.7M1.4M
Total Stockholder Equity5.9M8.0M7.8M7.8M7.6M3.9M
Property Plant And Equipment Net10.2M11.4M10.7M10.0M9.1M5.0M
Net Debt4.8M2.8M830.4K2.3M2.4M1.5M
Retained Earnings1.5M3.4M3.2M3.2M3.0M3.2M
Accounts Payable1.0M684.4K578.4K470.5K575.6K626.6K
Cash394.1K1.5M268.1K73.5K111.0K105.5K
Non Current Assets Total10.2M11.4M10.7M10.1M9.2M5.1M
Cash And Short Term Investments474.0K394.1K1.5M73.5K111.0K105.5K
Net Receivables1.6M805.0K1.1M1.1M1.1M851.6K
Common Stock Shares Outstanding34.4M35.7M35.8M35.6M41.0M21.3M
Liabilities And Stockholders Equity10.9M13.6M15.5M13.4M12.7M6.9M
Non Current Liabilities Total5.5M5.3M4.5M3.8M3.4M2.0M
Inventory1.3M1.7M1.9M1.8M2.1M2.2M
Other Current Assets57.6K88.3K117.0K394.8K96.2K59.7K
Total Liab7.7M7.6M6.5M5.6M5.1M3.4M
Total Current Assets3.4M4.1M3.5M3.4M3.5M2.2M
Accumulated Other Comprehensive Income89.0K81.8K98.7K81.2K65.8K93.8K
Other Liab1.2M2.0M2.2M2.0M2.3M1.3M
Net Tangible Assets5.9M8.0M7.8M7.8M9.0M6.5M
Other Assets18.8K32.6K28.9K41.8K37.6K24.8K
Property Plant Equipment10.2M11.4M10.7M10.0M11.5M9.9M
Long Term Debt2.4M1.7M1.0M297.6K267.8K254.5K
Net Invested Capital8.3M9.7M8.9M8.1M8.3M7.0M
Net Working Capital1.2M1.9M1.6M1.6M1.8M1.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Westbond Stock Analysis

When running Westbond Enterprises' price analysis, check to measure Westbond Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westbond Enterprises is operating at the current time. Most of Westbond Enterprises' value examination focuses on studying past and present price action to predict the probability of Westbond Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbond Enterprises' price. Additionally, you may evaluate how the addition of Westbond Enterprises to your portfolios can decrease your overall portfolio volatility.