WESCO Capital Surpluse vs Total Assets Analysis
WCC Stock | USD 213.19 3.33 1.59% |
WESCO International financial indicator trend analysis is more than just analyzing WESCO International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WESCO International is a good investment. Please check the relationship between WESCO International Capital Surpluse and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.
Capital Surpluse vs Total Assets
Capital Surpluse vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WESCO International Capital Surpluse account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WESCO International's Capital Surpluse and Total Assets is 0.87. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Assets in the same time period over historical financial statements of WESCO International, assuming nothing else is changed. The correlation between historical values of WESCO International's Capital Surpluse and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of WESCO International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Surpluse i.e., WESCO International's Capital Surpluse and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Surpluse
Total Assets
Total assets refers to the total amount of WESCO International 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 WESCO International 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.Most indicators from WESCO International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WESCO International 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 WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.The current year's Selling General Administrative is expected to grow to about 3.4 B, whereas Tax Provision is forecasted to decline to about 119.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.8B | 4.7B | 4.8B | 5.1B | Total Revenue | 18.2B | 21.4B | 22.4B | 23.5B |
WESCO International fundamental ratios Correlations
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WESCO International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WESCO International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 11.9B | 12.6B | 14.8B | 15.1B | 15.8B | |
Short Long Term Debt Total | 1.3B | 4.9B | 4.7B | 5.4B | 6.0B | 6.3B | |
Other Current Liab | 214.6M | 622.5M | 770.1M | 1.0B | 791.6M | 831.2M | |
Total Current Liabilities | 1.1B | 3.0B | 3.0B | 3.8B | 3.4B | 3.6B | |
Total Stockholder Equity | 2.3B | 3.3B | 3.8B | 4.4B | 5.0B | 5.3B | |
Property Plant And Equipment Net | 417.3M | 933.9M | 909.9M | 1.0B | 1.2B | 1.2B | |
Net Debt | 1.1B | 4.4B | 4.5B | 4.9B | 5.4B | 5.7B | |
Retained Earnings | 2.5B | 2.6B | 3.0B | 3.8B | 4.4B | 4.6B | |
Accounts Payable | 830.5M | 1.7B | 2.1B | 2.7B | 2.4B | 2.6B | |
Cash | 150.9M | 449.1M | 212.6M | 527.3M | 524.1M | 550.3M | |
Non Current Assets Total | 2.5B | 6.4B | 6.3B | 6.5B | 6.7B | 7.0B | |
Non Currrent Assets Other | 2.5B | 1.1B | 1.1B | 234.9M | 322.3M | 306.2M | |
Cash And Short Term Investments | 150.9M | 449.1M | 212.6M | 527.3M | 524.1M | 550.3M | |
Net Receivables | 1.2B | 2.5B | 3.0B | 4.1B | 3.6B | 3.8B | |
Common Stock Shares Outstanding | 43.5M | 46.6M | 52.0M | 52.4M | 52.3M | 53.1M | |
Liabilities And Stockholders Equity | 5.0B | 11.9B | 12.6B | 14.8B | 15.1B | 15.8B | |
Non Current Liabilities Total | 1.7B | 5.6B | 5.8B | 6.5B | 6.6B | 7.0B | |
Inventory | 1.0B | 2.2B | 2.7B | 3.5B | 3.6B | 3.8B | |
Other Current Assets | 190.5M | 427.1M | 513.7M | 384.5M | 655.9M | 688.7M | |
Other Stockholder Equity | 95.4M | 1.0B | 1.0B | 1.0B | 976.7M | 581.0M | |
Total Liab | 2.8B | 8.5B | 8.8B | 10.4B | 10.0B | 10.5B | |
Property Plant And Equipment Gross | 417.3M | 933.9M | 379.0M | 402.7M | 1.7B | 1.8B | |
Total Current Assets | 2.5B | 5.5B | 6.4B | 8.3B | 8.4B | 8.8B | |
Accumulated Other Comprehensive Income | (367.8M) | (263.1M) | (236.0M) | (377.8M) | (332M) | (315.4M) | |
Short Term Debt | 26.7M | 657.2M | 139.4M | 70.5M | 165.3M | 121.9M | |
Intangible Assets | 287.3M | 2.1B | 1.9B | 1.9B | 1.9B | 2.0B | |
Common Stock Total Equity | 636K | 719K | 725K | 728K | 837.2K | 658.9K | |
Common Stock | 636K | 719K | 725K | 728K | 700K | 663.3K | |
Other Liab | 238.0M | 1.2B | 1.1B | 688.4M | 791.6M | 831.2M | |
Other Assets | 13.6M | 1.1B | 1.1B | 1.3B | 1.5B | 1.6B | |
Long Term Debt | 1.3B | 4.4B | 4.7B | 5.3B | 5.3B | 5.6B | |
Treasury Stock | (937.2M) | (938.3M) | (956.2M) | (969.2M) | (872.2M) | (828.6M) | |
Property Plant Equipment | 387.5M | 399.2M | 379.0M | 402.7M | 463.1M | 486.2M | |
Current Deferred Revenue | 12.3M | 24.3M | 35.5M | 34.2M | 191.7M | 201.3M | |
Good Will | 1.8B | 3.2B | 3.2B | 3.2B | 3.3B | 1.6B | |
Net Tangible Assets | 189.4M | 3.3B | 3.8B | 4.5B | 5.1B | 5.4B | |
Long Term Debt Total | 1.3B | 4.4B | 4.7B | 5.3B | 6.1B | 6.5B |
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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 WESCO International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESCO International'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 Wesco International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesco International Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Trading Companies & Distributors 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 WESCO International. If investors know WESCO 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 WESCO International 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 (0.09) | Dividend Share 1.613 | Earnings Share 12.49 | Revenue Per Share 434.114 | Quarterly Revenue Growth (0.03) |
The market value of WESCO International is measured differently than its book value, which is the value of WESCO that is recorded on the company's balance sheet. Investors also form their own opinion of WESCO International's value that differs from its market value or its book value, called intrinsic value, which is WESCO International'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 WESCO International's market value can be influenced by many factors that don't directly affect WESCO International'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 WESCO International's value and its price as these two are different measures arrived at by different means. Investors typically determine if WESCO International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WESCO International'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.