WesCan Capex To Revenue vs Free Cash Flow Per Share 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 Revenue and its Free Cash Flow Per Share 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 Revenue vs Free Cash Flow Per Share

Capex To Revenue vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WesCan Energy Corp Capex To Revenue account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have no relationship.

The correlation between WesCan Energy's Capex To Revenue and Free Cash Flow Per Share is 0.06. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Free Cash Flow Per Share 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 Revenue and Free Cash Flow Per Share 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 Revenue of WesCan Energy Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Capex To Revenue i.e., WesCan Energy's Capex To Revenue and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

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Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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

Total Revenue Depreciation And Amortization

WesCan Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue	Other Liab	Net Tangible Assets
Total Assets		0.44	0.84	0.91	1.0	0.67	-0.11	0.64	0.5	1.0	0.5	0.77	0.77	-0.37	-0.65	0.91	0.77	0.83	0.89	0.47	0.83	-0.25	-0.24	0.38	0.92	0.93
Other Current Liab	0.44		0.55	0.25	0.45	0.65	-0.33	0.08	-0.19	0.45	-0.19	0.56	0.68	-0.24	-0.5	0.54	0.13	0.62	0.33	0.24	0.6	-0.53	-0.85	0.5	0.55	0.3
Total Current Liabilities	0.84	0.55		0.55	0.84	0.81	-0.45	0.75	0.31	0.84	0.31	0.79	0.87	-0.52	-0.48	0.97	0.63	0.92	0.79	0.48	0.92	-0.44	-0.41	0.49	0.86	0.62
Total Stockholder Equity	0.91	0.25	0.55		0.91	0.49	0.18	0.38	0.46	0.91	0.46	0.63	0.51	-0.18	-0.59	0.65	0.67	0.64	0.72	0.3	0.64	0.01	-0.11	0.22	0.72	0.99
Property Plant And Equipment Net	1.0	0.45	0.84	0.91		0.69	-0.11	0.61	0.46	1.0	0.46	0.76	0.76	-0.38	-0.63	0.91	0.74	0.84	0.88	0.46	0.85	-0.24	-0.27	0.38	0.91	0.93
Net Debt	0.67	0.65	0.81	0.49	0.69		-0.28	0.25	-0.23	0.69	-0.23	0.75	0.67	-0.34	-0.28	0.73	0.19	0.96	0.43	0.19	0.96	-0.28	-0.71	0.43	0.61	0.53
Retained Earnings	-0.11	-0.33	-0.45	0.18	-0.11	-0.28		-0.31	-0.03	-0.11	-0.03	-0.01	-0.47	0.89	-0.22	-0.38	-0.02	-0.27	-0.18	-0.17	-0.29	-0.03	0.23	-0.64	-0.23	0.04
Accounts Payable	0.64	0.08	0.75	0.38	0.61	0.25	-0.31		0.72	0.61	0.72	0.53	0.63	-0.36	-0.51	0.78	0.82	0.46	0.8	0.63	0.46	-0.46	0.16	0.16	0.7	0.41
Cash	0.5	-0.19	0.31	0.46	0.46	-0.23	-0.03	0.72		0.46	1.0	0.18	0.35	-0.2	-0.44	0.46	0.87	0.04	0.7	0.41	0.05	-0.13	0.5	0.15	0.53	0.46
Non Current Assets Total	1.0	0.45	0.84	0.91	1.0	0.69	-0.11	0.61	0.46		0.46	0.76	0.76	-0.38	-0.63	0.91	0.74	0.84	0.88	0.46	0.85	-0.24	-0.27	0.38	0.91	0.93
Cash And Short Term Investments	0.5	-0.19	0.31	0.46	0.46	-0.23	-0.03	0.72	1.0	0.46		0.18	0.35	-0.2	-0.44	0.46	0.87	0.04	0.7	0.41	0.05	-0.13	0.5	0.15	0.53	0.46
Net Receivables	0.77	0.56	0.79	0.63	0.76	0.75	-0.01	0.53	0.18	0.76	0.18		0.76	-0.08	-0.7	0.76	0.64	0.84	0.59	0.36	0.83	-0.51	-0.51	0.26	0.7	0.63
Common Stock Shares Outstanding	0.77	0.68	0.87	0.51	0.76	0.67	-0.47	0.63	0.35	0.76	0.35	0.76		-0.46	-0.61	0.89	0.65	0.78	0.76	0.52	0.77	-0.56	-0.49	0.6	0.86	0.57
Inventory	-0.37	-0.24	-0.52	-0.18	-0.38	-0.34	0.89	-0.36	-0.2	-0.38	-0.2	-0.08	-0.46		-0.16	-0.49	-0.18	-0.37	-0.36	-0.18	-0.4	-0.27	0.1	-0.64	-0.37	-0.32
Other Stockholder Equity	-0.65	-0.5	-0.48	-0.59	-0.63	-0.28	-0.22	-0.51	-0.44	-0.63	-0.44	-0.7	-0.61	-0.16		-0.59	-0.7	-0.43	-0.67	-0.54	-0.41	0.7	0.25	-0.06	-0.7	-0.55
Total Liab	0.91	0.54	0.97	0.65	0.91	0.73	-0.38	0.78	0.46	0.91	0.46	0.76	0.89	-0.49	-0.59		0.73	0.87	0.9	0.55	0.87	-0.47	-0.33	0.47	0.95	0.71
Total Current Assets	0.77	0.13	0.63	0.67	0.74	0.19	-0.02	0.82	0.87	0.74	0.87	0.64	0.65	-0.18	-0.7	0.73		0.45	0.84	0.51	0.45	-0.38	0.13	0.23	0.76	0.67
Short Long Term Debt Total	0.83	0.62	0.92	0.64	0.84	0.96	-0.27	0.46	0.04	0.84	0.04	0.84	0.78	-0.37	-0.43	0.87	0.45		0.64	0.31	1.0	-0.34	-0.59	0.46	0.78	0.68
Non Current Liabilities Total	0.89	0.33	0.79	0.72	0.88	0.43	-0.18	0.8	0.7	0.88	0.7	0.59	0.76	-0.36	-0.67	0.9	0.84	0.64		0.61	0.64	-0.42	0.0	0.34	0.96	0.75
Other Current Assets	0.47	0.24	0.48	0.3	0.46	0.19	-0.17	0.63	0.41	0.46	0.41	0.36	0.52	-0.18	-0.54	0.55	0.51	0.31	0.61		0.28	-0.52	-0.04	0.2	0.58	0.32
Short Term Debt	0.83	0.6	0.92	0.64	0.85	0.96	-0.29	0.46	0.05	0.85	0.05	0.83	0.77	-0.4	-0.41	0.87	0.45	1.0	0.64	0.28		-0.31	-0.57	0.47	0.78	0.69
Non Currrent Assets Other	-0.25	-0.53	-0.44	0.01	-0.24	-0.28	-0.03	-0.46	-0.13	-0.24	-0.13	-0.51	-0.56	-0.27	0.7	-0.47	-0.38	-0.34	-0.42	-0.52	-0.31		0.38	-0.03	-0.5	0.03
Intangible Assets	-0.24	-0.85	-0.41	-0.11	-0.27	-0.71	0.23	0.16	0.5	-0.27	0.5	-0.51	-0.49	0.1	0.25	-0.33	0.13	-0.59	0.0	-0.04	-0.57	0.38		-0.34	-0.25	-0.14
Current Deferred Revenue	0.38	0.5	0.49	0.22	0.38	0.43	-0.64	0.16	0.15	0.38	0.15	0.26	0.6	-0.64	-0.06	0.47	0.23	0.46	0.34	0.2	0.47	-0.03	-0.34		0.44	0.33
Other Liab	0.92	0.55	0.86	0.72	0.91	0.61	-0.23	0.7	0.53	0.91	0.53	0.7	0.86	-0.37	-0.7	0.95	0.76	0.78	0.96	0.58	0.78	-0.5	-0.25	0.44		0.76
Net Tangible Assets	0.93	0.3	0.62	0.99	0.93	0.53	0.04	0.41	0.46	0.93	0.46	0.63	0.57	-0.32	-0.55	0.71	0.67	0.68	0.75	0.32	0.69	0.03	-0.14	0.33	0.76

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WesCan Energy Account Relationship Matchups

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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