WESCO Interest Expense vs Operating Income Analysis

WCC Stock  USD 208.33  2.66  1.26%   
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 Interest Expense and its Operating Income 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.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WESCO International Interest Expense account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between WESCO International's Interest Expense and Operating Income is 0.88. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income 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 Interest Expense and Operating 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 Interest Expense of WESCO International are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., WESCO International's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from WESCO International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WESCO International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Profit3.8B4.7B4.8B5.1B
Total Revenue18.2B21.4B22.4B23.5B

WESCO International fundamental ratios Correlations

0.990.990.990.970.980.990.910.990.950.99-0.480.950.990.470.990.990.950.81.00.80.990.290.960.830.83
0.990.980.990.940.991.00.860.970.950.99-0.520.950.970.451.00.980.950.831.00.830.980.330.980.80.78
0.990.980.990.950.970.980.871.00.940.96-0.570.940.990.510.980.990.920.820.990.770.990.20.950.790.78
0.990.990.990.940.980.980.860.990.940.98-0.550.940.990.430.990.980.910.841.00.750.980.340.980.80.82
0.970.940.950.940.930.940.980.950.920.95-0.360.920.970.480.940.960.950.680.940.820.970.170.880.850.84
0.980.990.970.980.930.980.860.970.940.97-0.560.940.960.350.980.980.940.780.980.850.980.320.960.780.75
0.991.00.980.980.940.980.860.970.940.99-0.520.940.970.451.00.980.950.831.00.820.980.330.980.80.78
0.910.860.870.860.980.860.860.880.870.88-0.240.870.910.390.860.90.90.540.860.780.910.10.780.820.81
0.990.971.00.990.950.970.970.880.930.96-0.550.931.00.470.980.990.910.810.990.750.990.210.950.790.8
0.950.950.940.940.920.940.940.870.930.93-0.51.00.940.380.940.940.880.720.940.840.950.330.90.770.74
0.990.990.960.980.950.970.990.880.960.93-0.420.930.960.440.990.960.940.830.990.780.970.40.980.840.87
-0.48-0.52-0.57-0.55-0.36-0.56-0.52-0.24-0.55-0.5-0.42-0.5-0.52-0.12-0.51-0.55-0.4-0.54-0.52-0.47-0.53-0.06-0.52-0.23-0.12
0.950.950.940.940.920.940.940.870.931.00.93-0.50.940.380.940.940.880.720.940.840.950.330.90.770.74
0.990.970.990.990.970.960.970.911.00.940.96-0.520.940.490.980.990.910.790.980.751.00.20.930.810.82
0.470.450.510.430.480.350.450.390.470.380.44-0.120.380.490.460.460.510.480.450.290.48-0.230.390.40.39
0.991.00.980.990.940.981.00.860.980.940.99-0.510.940.980.460.980.940.841.00.790.980.330.980.80.81
0.990.980.990.980.960.980.980.90.990.940.96-0.550.940.990.460.980.930.760.980.811.00.170.930.790.76
0.950.950.920.910.950.940.950.90.910.880.94-0.40.880.910.510.940.930.710.930.890.940.220.90.80.75
0.80.830.820.840.680.780.830.540.810.720.83-0.540.720.790.480.840.760.710.840.480.770.480.890.750.75
1.01.00.991.00.940.981.00.860.990.940.99-0.520.940.980.451.00.980.930.840.780.990.330.980.80.81
0.80.830.770.750.820.850.820.780.750.840.78-0.470.840.750.290.790.810.890.480.780.810.170.730.640.47
0.990.980.990.980.970.980.980.910.990.950.97-0.530.951.00.480.981.00.940.770.990.810.20.940.810.79
0.290.330.20.340.170.320.330.10.210.330.4-0.060.330.2-0.230.330.170.220.480.330.170.20.470.280.44
0.960.980.950.980.880.960.980.780.950.90.98-0.520.90.930.390.980.930.90.890.980.730.940.470.770.8
0.830.80.790.80.850.780.80.820.790.770.84-0.230.770.810.40.80.790.80.750.80.640.810.280.770.89
0.830.780.780.820.840.750.780.810.80.740.87-0.120.740.820.390.810.760.750.750.810.470.790.440.80.89
Click cells to compare fundamentals

WESCO International Account Relationship Matchups

WESCO International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B11.9B12.6B14.8B15.1B15.8B
Short Long Term Debt Total1.3B4.9B4.7B5.4B6.0B6.3B
Other Current Liab214.6M622.5M770.1M1.0B948.3M995.7M
Total Current Liabilities1.1B3.0B3.0B3.8B3.4B3.6B
Total Stockholder Equity2.3B3.3B3.8B4.4B5.0B5.3B
Property Plant And Equipment Net417.3M933.9M909.9M1.0B1.2B1.2B
Net Debt1.1B4.4B4.5B4.9B5.4B5.7B
Retained Earnings2.5B2.6B3.0B3.8B4.4B4.6B
Accounts Payable830.5M1.7B2.1B2.7B2.4B2.6B
Cash150.9M449.1M212.6M527.3M524.1M550.3M
Non Current Assets Total2.5B6.4B6.3B6.5B6.7B7.0B
Non Currrent Assets Other2.5B1.1B1.1B234.9M322.3M306.2M
Cash And Short Term Investments150.9M449.1M212.6M527.3M524.1M550.3M
Net Receivables1.2B2.5B3.0B4.1B3.6B3.8B
Common Stock Shares Outstanding43.5M46.6M52.0M52.4M52.3M53.1M
Liabilities And Stockholders Equity5.0B11.9B12.6B14.8B15.1B15.8B
Non Current Liabilities Total1.7B5.6B5.8B6.5B6.6B7.0B
Inventory1.0B2.2B2.7B3.5B3.6B3.8B
Other Current Assets190.5M427.1M513.7M384.5M655.9M688.7M
Other Stockholder Equity95.4M1.0B1.0B1.0B976.7M581.0M
Total Liab2.8B8.5B8.8B10.4B10.0B10.5B
Property Plant And Equipment Gross417.3M933.9M379.0M402.7M1.7B1.8B
Total Current Assets2.5B5.5B6.4B8.3B8.4B8.8B
Accumulated Other Comprehensive Income(367.8M)(263.1M)(236.0M)(377.8M)(332M)(315.4M)
Short Term Debt26.7M657.2M139.4M70.5M8.6M8.2M
Intangible Assets287.3M2.1B1.9B1.9B1.9B2.0B
Common Stock Total Equity636K719K725K728K837.2K658.9K
Common Stock636K719K725K728K700K663.3K
Other Liab238.0M1.2B1.1B688.4M791.6M831.2M
Other Assets13.6M1.1B1.1B1.3B1.5B1.6B
Long Term Debt1.3B4.4B4.7B5.3B5.3B5.6B
Treasury Stock(937.2M)(938.3M)(956.2M)(969.2M)(872.2M)(828.6M)
Property Plant Equipment387.5M399.2M379.0M402.7M463.1M486.2M
Current Deferred Revenue12.3M24.3M35.5M34.2M191.7M201.3M
Good Will1.8B3.2B3.2B3.2B3.3B1.6B
Net Tangible Assets189.4M3.3B3.8B4.5B5.1B5.4B
Long Term Debt Total1.3B4.4B4.7B5.3B6.1B6.5B

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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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
12.48
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.