WesCan Capex To Operating Cash Flow vs Pocfratio Analysis
WCE Stock | CAD 0.08 0.01 11.11% |
WesCan Energy financial indicator trend analysis is more than just analyzing WesCan Energy Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WesCan Energy Corp is a good investment. Please check the relationship between WesCan Energy Capex To Operating Cash Flow and its Pocfratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesCan Energy 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.
Capex To Operating Cash Flow vs Pocfratio
Capex To Operating Cash Flow vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WesCan Energy Corp Capex To Operating Cash Flow account and Pocfratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WesCan Energy's Capex To Operating Cash Flow and Pocfratio is 0.46. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Pocfratio in the same time period over historical financial statements of WesCan Energy Corp, assuming nothing else is changed. The correlation between historical values of WesCan Energy's Capex To Operating Cash Flow and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of WesCan Energy Corp are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Capex To Operating Cash Flow i.e., WesCan Energy's Capex To Operating Cash Flow and Pocfratio go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capex To Operating Cash Flow
Pocfratio
Most indicators from WesCan Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WesCan Energy Corp 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 WesCan Energy 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, WesCan Energy's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 401.5 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.18 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.5M | 3.5M | 2.6M | 2.7M | Depreciation And Amortization | 296.9K | 687.2K | 557.6K | 585.5K |
WesCan Energy fundamental ratios Correlations
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WesCan Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WesCan Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4M | 5.3M | 5.8M | 7.0M | 6.1M | 6.4M | |
Other Current Liab | 337.2K | 329.5K | 179.5K | 193.7K | 728.4K | 764.8K | |
Total Current Liabilities | 2.0M | 2.4M | 2.6M | 3.7M | 2.9M | 3.1M | |
Total Stockholder Equity | 548.0K | 1.2M | 1.4M | 1.6M | 1.7M | 1.8M | |
Property Plant And Equipment Net | 3.9M | 4.8M | 5.1M | 6.3M | 5.8M | 6.0M | |
Net Debt | 276.1K | 378.5K | 568.3K | 1.2M | 1.8M | 1.8M | |
Retained Earnings | (14.6M) | (14.1M) | (14.3M) | (14.5M) | (14.4M) | (15.1M) | |
Accounts Payable | 963.3K | 1.4M | 1.5M | 1.9M | 463.7K | 550.9K | |
Cash | 417.0K | 376.0K | 468.3K | 440.6K | 19.8K | 18.8K | |
Non Current Assets Total | 3.9M | 4.8M | 5.1M | 6.3M | 5.8M | 6.0M | |
Cash And Short Term Investments | 417.0K | 376.0K | 468.3K | 440.6K | 19.8K | 18.8K | |
Net Receivables | 41.7K | 109.0K | 203.4K | 327.0K | 264.3K | 277.6K | |
Liabilities And Stockholders Equity | 4.4M | 5.3M | 5.8M | 7.0M | 6.1M | 6.4M | |
Total Liab | 3.9M | 4.2M | 4.4M | 5.4M | 4.4M | 4.6M | |
Total Current Assets | 465.1K | 485.0K | 720.0K | 775.6K | 302.9K | 338.6K | |
Short Long Term Debt Total | 693.1K | 754.5K | 1.0M | 1.6M | 1.8M | 1.9M | |
Non Current Liabilities Total | 1.9M | 1.7M | 1.8M | 1.8M | 1.5M | 874.9K | |
Other Current Assets | 10.4K | 6.4K | 48.3K | 8.0K | 18.7K | 12.1K | |
Short Term Debt | 693.1K | 694.5K | 976.6K | 1.6M | 1.7M | 1.8M | |
Non Currrent Assets Other | 6.6M | 6.2M | (325K) | (1.0) | (1.15) | (1.09) | |
Other Liab | 1.9M | 1.7M | 1.7M | 1.8M | 2.0M | 1.5M | |
Net Tangible Assets | 548.0K | 1.2M | 1.4M | 1.6M | 1.8M | 1.8M | |
Short Long Term Debt | 693.1K | 694.5K | 695.8K | 1.6M | 1.7M | 1.1M | |
Property Plant Equipment | 3.9M | 4.8M | 5.1M | 6.3M | 7.2M | 5.1M | |
Net Invested Capital | 1.2M | 1.9M | 2.4M | 3.2M | 3.3M | 2.4M | |
Net Working Capital | (1.5M) | (1.9M) | (1.6M) | (2.9M) | (2.6M) | (2.8M) |
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When running WesCan Energy's price analysis, check to measure WesCan Energy'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 WesCan Energy is operating at the current time. Most of WesCan Energy's value examination focuses on studying past and present price action to predict the probability of WesCan Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesCan Energy's price. Additionally, you may evaluate how the addition of WesCan Energy to your portfolios can decrease your overall portfolio volatility.