Western Non Current Liabilities Total vs Net Debt Analysis
| WDI Stock | USD 14.78 0.09 0.61% |
Western Asset financial indicator trend analysis is more than just analyzing Western Asset Diversified current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Asset Diversified is a good investment. Please check the relationship between Western Asset Non Current Liabilities Total and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Diversified. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Non Current Liabilities Total vs Net Debt
Non Current Liabilities Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Asset Diversified Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Western Asset's Non Current Liabilities Total and Net Debt is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Western Asset Diversified, assuming nothing else is changed. The correlation between historical values of Western Asset's Non Current Liabilities Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Western Asset Diversified are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., Western Asset's Non Current Liabilities Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Liabilities Total
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Western Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Asset Diversified 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 Western Asset Diversified. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. As of now, Western Asset's Enterprise Value is decreasing as compared to previous years.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 17.4M | 105.6M | 125.3M | 91.0M | Net Interest Income | 36.8M | 95.0M | 102.1M | 85.8M |
Western Asset fundamental ratios Correlations
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Western Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Western Asset Diversified offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Asset'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 Western Asset Diversified Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Asset Diversified Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Diversified. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Asset Management & Custody Banks 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 Western Asset. If investors know Western 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 Western Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.06 | Return On Equity (18.35) |
The market value of Western Asset Diversified is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset'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 Western Asset's market value can be influenced by many factors that don't directly affect Western Asset'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 Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset'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.