Webster Other Current Assets vs Common Stock Analysis

WBS Stock  USD 62.82  1.06  1.72%   
Webster Financial financial indicator trend analysis is more than just analyzing Webster Financial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Webster Financial is a good investment. Please check the relationship between Webster Financial Other Current Assets and its Common Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Webster Financial. 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 more information on how to buy Webster Stock please use our How to Invest in Webster Financial guide.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Webster Financial Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Webster Financial's Other Current Assets and Common Stock is -0.21. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Webster Financial, assuming nothing else is changed. The correlation between historical values of Webster Financial's Other Current Assets and Common 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 Other Current Assets of Webster Financial are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Webster Financial's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

Most indicators from Webster Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Webster Financial 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 Webster Financial. 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 more information on how to buy Webster Stock please use our How to Invest in Webster Financial guide.At this time, Webster Financial's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 20.05 in 2024, whereas Tax Provision is likely to drop slightly above 129.5 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income533.9M1.0B1.1B1.1B
Other Operating Expenses689.4M16.4M1.1B1.2B

Webster Financial fundamental ratios Correlations

0.950.620.870.850.950.920.520.890.870.720.63-0.120.340.910.690.530.92-0.090.620.870.93-0.310.960.20.56
0.950.550.810.911.00.970.410.940.910.770.68-0.240.320.980.740.570.95-0.310.560.960.97-0.510.980.230.53
0.620.550.590.590.550.550.970.390.320.05-0.050.420.680.490.1-0.110.490.210.990.490.58-0.110.530.640.45
0.870.810.590.820.830.760.520.640.870.770.72-0.230.050.820.760.650.78-0.070.610.690.88-0.150.9-0.090.75
0.850.910.590.820.920.880.470.820.840.740.67-0.30.190.910.760.540.83-0.260.640.840.93-0.380.920.160.53
0.951.00.550.830.920.970.410.930.930.790.7-0.260.290.990.760.60.95-0.330.560.950.98-0.510.990.190.57
0.920.970.550.760.880.970.40.930.860.720.63-0.230.320.960.680.540.87-0.430.550.960.93-0.630.940.250.52
0.520.410.970.520.470.410.40.240.18-0.07-0.160.490.670.340.01-0.210.370.360.950.330.450.060.410.620.4
0.890.940.390.640.820.930.930.240.830.740.65-0.260.330.890.680.470.86-0.310.40.90.84-0.510.880.260.25
0.870.910.320.870.840.930.860.180.830.940.9-0.49-0.030.940.90.80.9-0.370.340.860.93-0.410.96-0.160.63
0.720.770.050.770.740.790.72-0.070.740.940.99-0.71-0.30.820.970.890.75-0.410.090.70.79-0.340.84-0.410.5
0.630.68-0.050.720.670.70.63-0.160.650.90.99-0.77-0.420.740.960.910.67-0.41-0.010.610.71-0.280.76-0.520.47
-0.12-0.240.42-0.23-0.3-0.26-0.230.49-0.26-0.49-0.71-0.770.66-0.33-0.77-0.72-0.220.530.36-0.24-0.270.26-0.30.68-0.14
0.340.320.680.050.190.290.320.670.33-0.03-0.3-0.420.660.21-0.31-0.50.30.20.630.360.23-0.220.20.910.0
0.910.980.490.820.910.990.960.340.890.940.820.74-0.330.210.790.670.95-0.430.50.950.98-0.570.980.120.62
0.690.740.10.760.760.760.680.010.680.90.970.96-0.77-0.310.790.860.73-0.330.150.650.77-0.250.81-0.410.49
0.530.57-0.110.650.540.60.54-0.210.470.80.890.91-0.72-0.50.670.860.59-0.46-0.10.50.64-0.30.67-0.620.62
0.920.950.490.780.830.950.870.370.860.90.750.67-0.220.30.950.730.59-0.20.490.90.95-0.380.950.180.59
-0.09-0.310.21-0.07-0.26-0.33-0.430.36-0.31-0.37-0.41-0.410.530.2-0.43-0.33-0.46-0.20.2-0.49-0.320.9-0.280.17-0.26
0.620.560.990.610.640.560.550.950.40.340.09-0.010.360.630.50.15-0.10.490.20.490.6-0.090.550.620.43
0.870.960.490.690.840.950.960.330.90.860.70.61-0.240.360.950.650.50.9-0.490.490.92-0.680.910.260.52
0.930.970.580.880.930.980.930.450.840.930.790.71-0.270.230.980.770.640.95-0.320.60.92-0.470.990.130.7
-0.31-0.51-0.11-0.15-0.38-0.51-0.630.06-0.51-0.41-0.34-0.280.26-0.22-0.57-0.25-0.3-0.380.9-0.09-0.68-0.47-0.42-0.21-0.28
0.960.980.530.90.920.990.940.410.880.960.840.76-0.30.20.980.810.670.95-0.280.550.910.99-0.420.080.65
0.20.230.64-0.090.160.190.250.620.26-0.16-0.41-0.520.680.910.12-0.41-0.620.180.170.620.260.13-0.210.08-0.18
0.560.530.450.750.530.570.520.40.250.630.50.47-0.140.00.620.490.620.59-0.260.430.520.7-0.280.65-0.18
Click cells to compare fundamentals

Webster Financial Account Relationship Matchups

Webster Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding91.9M90.2M90.2M167.5M171.9M180.5M
Total Assets30.4B32.6B34.9B71.3B74.9B78.7B
Short Long Term Debt Total3.1B700.8M585.7M7.7B3.4B2.2B
Other Current Liab12.1B(24.4M)(22.8M)27.8B36.6B38.4B
Total Current Liabilities14.6B24.4M22.8M34.4B36.6B38.4B
Total Stockholder Equity3.2B3.2B3.4B8.1B8.7B9.1B
Property Plant And Equipment Net270.4M226.7M204.6M430.2M429.6M451.0M
Net Debt2.2B437.7M112.4M5.7B1.7B1.8B
Retained Earnings2.1B2.1B2.3B2.7B3.3B3.4B
Cash257.9M263.1M461.6M839.9M1.7B1.8B
Non Current Assets Total9.1B9.7B11.2B3.5B87.3B91.7B
Non Currrent Assets Other(62.0M)(81.3M)(109.4M)(14.5B)68.0B71.4B
Other Assets17.7B18.7B18.5B58.0B(15.9B)(15.1B)
Cash And Short Term Investments3.2B3.6B4.7B8.7B1.5B1.5B
Net Receivables455.4M626.6M531.5M1.6B1.9B2.0B
Liabilities And Stockholders Equity30.4B32.6B34.9B71.3B74.9B78.7B
Non Current Liabilities Total2.5B700.8M573.9M1.1B66.3B69.6B
Other Stockholder Equity(2.0B)968.9M(2.3B)(2.0B)5.7B6.0B
Total Liab2.5B29.4B31.5B63.2B66.3B69.6B
Total Current Assets3.6B4.2B5.2B9.8B3.5B3.4B
Short Term Debt2.6B24.4M22.8M6.6B3.0B1.8B
Accumulated Other Comprehensive Income(36.1M)42.3M(22.6M)(685.0M)(550.6M)(523.0M)
Property Plant And Equipment Gross270.4M226.7M432.9M655.3M615.9M646.7M
Other Current Assets257.9M265.8M462.1M(575.8M)2.1B2.0B
Common Stock3.1B3.1B3.3B7.8B1.8M1.7M
Other Liab23.6M46.9M14.9M363.0M326.7M343.1M
Accounts Payable153.2M166.2M29.8B1.5B1.3B1.3B
Long Term Debt540.4M567.7M573.9M1.1B3.4B3.6B
Short Term Investments2.9B3.3B4.2B7.9B37.0M35.1M
Inventory(257.9M)(265.8M)(462.1M)2.3M(1.5B)(1.4B)
Treasury Stock(76.7M)(140.7M)(127.0M)(431.8M)(388.6M)(369.2M)
Intangible Assets21.9M22.4M17.9M199.3M203.1M213.3M
Property Plant Equipment270.4M226.7M204.6M430.2M494.7M519.4M
Net Tangible Assets2.5B2.5B2.7B5.1B5.8B6.1B
Retained Earnings Total Equity2.1B2.1B2.3B2.7B3.1B1.6B
Long Term Debt Total540.4M567.7M562.9M1.1B1.2B1.3B
Capital Surpluse1.1B1.1B1.1B6.2B7.1B7.5B

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Additional Tools for Webster Stock Analysis

When running Webster Financial's price analysis, check to measure Webster Financial's 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 Webster Financial is operating at the current time. Most of Webster Financial's value examination focuses on studying past and present price action to predict the probability of Webster Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webster Financial's price. Additionally, you may evaluate how the addition of Webster Financial to your portfolios can decrease your overall portfolio volatility.