WesCan Payables Turnover vs Operating 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 Payables Turnover and its Operating 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.

Payables Turnover vs Operating Cash Flow Per Share

Payables Turnover vs Operating 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 Payables Turnover account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WesCan Energy's Payables Turnover and Operating Cash Flow Per Share is -0.07. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Operating 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 Payables Turnover and Operating 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 Payables Turnover of WesCan Energy Corp are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Payables Turnover i.e., WesCan Energy's Payables Turnover and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
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 Revenue1.5M3.5M2.6M2.7M
Depreciation And Amortization296.9K687.2K557.6K585.5K

WesCan Energy fundamental ratios Correlations

0.440.840.911.00.67-0.110.640.51.00.50.770.77-0.37-0.650.910.770.830.890.470.83-0.25-0.240.380.920.93
0.440.550.250.450.65-0.330.08-0.190.45-0.190.560.68-0.24-0.50.540.130.620.330.240.6-0.53-0.850.50.550.3
0.840.550.550.840.81-0.450.750.310.840.310.790.87-0.52-0.480.970.630.920.790.480.92-0.44-0.410.490.860.62
0.910.250.550.910.490.180.380.460.910.460.630.51-0.18-0.590.650.670.640.720.30.640.01-0.110.220.720.99
1.00.450.840.910.69-0.110.610.461.00.460.760.76-0.38-0.630.910.740.840.880.460.85-0.24-0.270.380.910.93
0.670.650.810.490.69-0.280.25-0.230.69-0.230.750.67-0.34-0.280.730.190.960.430.190.96-0.28-0.710.430.610.53
-0.11-0.33-0.450.18-0.11-0.28-0.31-0.03-0.11-0.03-0.01-0.470.89-0.22-0.38-0.02-0.27-0.18-0.17-0.29-0.030.23-0.64-0.230.04
0.640.080.750.380.610.25-0.310.720.610.720.530.63-0.36-0.510.780.820.460.80.630.46-0.460.160.160.70.41
0.5-0.190.310.460.46-0.23-0.030.720.461.00.180.35-0.2-0.440.460.870.040.70.410.05-0.130.50.150.530.46
1.00.450.840.911.00.69-0.110.610.460.460.760.76-0.38-0.630.910.740.840.880.460.85-0.24-0.270.380.910.93
0.5-0.190.310.460.46-0.23-0.030.721.00.460.180.35-0.2-0.440.460.870.040.70.410.05-0.130.50.150.530.46
0.770.560.790.630.760.75-0.010.530.180.760.180.76-0.08-0.70.760.640.840.590.360.83-0.51-0.510.260.70.63
0.770.680.870.510.760.67-0.470.630.350.760.350.76-0.46-0.610.890.650.780.760.520.77-0.56-0.490.60.860.57
-0.37-0.24-0.52-0.18-0.38-0.340.89-0.36-0.2-0.38-0.2-0.08-0.46-0.16-0.49-0.18-0.37-0.36-0.18-0.4-0.270.1-0.64-0.37-0.32
-0.65-0.5-0.48-0.59-0.63-0.28-0.22-0.51-0.44-0.63-0.44-0.7-0.61-0.16-0.59-0.7-0.43-0.67-0.54-0.410.70.25-0.06-0.7-0.55
0.910.540.970.650.910.73-0.380.780.460.910.460.760.89-0.49-0.590.730.870.90.550.87-0.47-0.330.470.950.71
0.770.130.630.670.740.19-0.020.820.870.740.870.640.65-0.18-0.70.730.450.840.510.45-0.380.130.230.760.67
0.830.620.920.640.840.96-0.270.460.040.840.040.840.78-0.37-0.430.870.450.640.311.0-0.34-0.590.460.780.68
0.890.330.790.720.880.43-0.180.80.70.880.70.590.76-0.36-0.670.90.840.640.610.64-0.420.00.340.960.75
0.470.240.480.30.460.19-0.170.630.410.460.410.360.52-0.18-0.540.550.510.310.610.28-0.52-0.040.20.580.32
0.830.60.920.640.850.96-0.290.460.050.850.050.830.77-0.4-0.410.870.451.00.640.28-0.31-0.570.470.780.69
-0.25-0.53-0.440.01-0.24-0.28-0.03-0.46-0.13-0.24-0.13-0.51-0.56-0.270.7-0.47-0.38-0.34-0.42-0.52-0.310.38-0.03-0.50.03
-0.24-0.85-0.41-0.11-0.27-0.710.230.160.5-0.270.5-0.51-0.490.10.25-0.330.13-0.590.0-0.04-0.570.38-0.34-0.25-0.14
0.380.50.490.220.380.43-0.640.160.150.380.150.260.6-0.64-0.060.470.230.460.340.20.47-0.03-0.340.440.33
0.920.550.860.720.910.61-0.230.70.530.910.530.70.86-0.37-0.70.950.760.780.960.580.78-0.5-0.250.440.76
0.930.30.620.990.930.530.040.410.460.930.460.630.57-0.32-0.550.710.670.680.750.320.690.03-0.140.330.76
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WesCan Energy Account Relationship Matchups

WesCan Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M5.3M5.8M7.0M6.1M6.4M
Other Current Liab337.2K329.5K179.5K193.7K728.4K764.8K
Total Current Liabilities2.0M2.4M2.6M3.7M2.9M3.1M
Total Stockholder Equity548.0K1.2M1.4M1.6M1.7M1.8M
Property Plant And Equipment Net3.9M4.8M5.1M6.3M5.8M6.0M
Net Debt276.1K378.5K568.3K1.2M1.8M1.8M
Retained Earnings(14.6M)(14.1M)(14.3M)(14.5M)(14.4M)(15.1M)
Accounts Payable963.3K1.4M1.5M1.9M463.7K550.9K
Cash417.0K376.0K468.3K440.6K19.8K18.8K
Non Current Assets Total3.9M4.8M5.1M6.3M5.8M6.0M
Cash And Short Term Investments417.0K376.0K468.3K440.6K19.8K18.8K
Net Receivables41.7K109.0K203.4K327.0K264.3K277.6K
Liabilities And Stockholders Equity4.4M5.3M5.8M7.0M6.1M6.4M
Total Liab3.9M4.2M4.4M5.4M4.4M4.6M
Total Current Assets465.1K485.0K720.0K775.6K302.9K338.6K
Short Long Term Debt Total693.1K754.5K1.0M1.6M1.8M1.9M
Non Current Liabilities Total1.9M1.7M1.8M1.8M1.5M874.9K
Other Current Assets10.4K6.4K48.3K8.0K18.7K12.1K
Short Term Debt693.1K694.5K976.6K1.6M1.7M1.8M
Non Currrent Assets Other6.6M6.2M(325K)(1.0)(1.15)(1.09)
Other Liab1.9M1.7M1.7M1.8M2.0M1.5M
Net Tangible Assets548.0K1.2M1.4M1.6M1.8M1.8M
Short Long Term Debt693.1K694.5K695.8K1.6M1.7M1.1M
Property Plant Equipment3.9M4.8M5.1M6.3M7.2M5.1M
Net Invested Capital1.2M1.9M2.4M3.2M3.3M2.4M
Net Working Capital(1.5M)(1.9M)(1.6M)(2.9M)(2.6M)(2.8M)

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Additional Tools for WesCan Stock Analysis

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