WEC Net Income vs Sale Purchase Of Stock Analysis
WEC Stock | USD 100.66 0.30 0.30% |
WEC Energy financial indicator trend analysis is more than just analyzing WEC Energy Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WEC Energy Group is a good investment. Please check the relationship between WEC Energy Net Income and its Sale Purchase Of Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Net Income vs Sale Purchase Of Stock
Net Income vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEC Energy Group Net Income account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between WEC Energy's Net Income and Sale Purchase Of Stock is 0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of WEC Energy Group, assuming nothing else is changed. The correlation between historical values of WEC Energy's Net Income and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of WEC Energy Group are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., WEC Energy's Net Income and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in WEC Energy Group financial statement analysis. It represents the amount of money remaining after all of WEC Energy Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Sale Purchase Of Stock
Most indicators from WEC Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WEC Energy Group 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 WEC Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, WEC Energy's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0B | 3.3B | 4.4B | 2.5B | Total Revenue | 8.3B | 9.6B | 8.9B | 9.3B |
WEC Energy fundamental ratios Correlations
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WEC Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WEC Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 316.7M | 316.5M | 316.3M | 316.1M | 315.9M | 269.4M | |
Total Assets | 35.0B | 37.0B | 39.0B | 41.9B | 43.9B | 46.1B | |
Short Long Term Debt Total | 12.7B | 14.3B | 15.6B | 17.3B | 18.8B | 19.7B | |
Other Current Liab | 550.8M | 523.9M | (101.2M) | 811.9M | 215.6M | 264.4M | |
Total Current Liabilities | 3.2B | 4.1B | 3.8B | 4.6B | 5.1B | 5.4B | |
Total Stockholder Equity | 10.1B | 10.5B | 10.9B | 11.4B | 11.8B | 12.3B | |
Property Plant And Equipment Net | 23.6B | 25.7B | 27.0B | 29.1B | 31.6B | 33.2B | |
Net Debt | 12.7B | 14.3B | 15.6B | 17.3B | 18.8B | 19.7B | |
Retained Earnings | 5.9B | 6.3B | 6.8B | 7.3B | 7.6B | 8.0B | |
Accounts Payable | 908.1M | 880.7M | 1.0B | 1.2B | 896.6M | 534.4M | |
Non Current Assets Total | 32.9B | 34.9B | 36.3B | 38.7B | 41.1B | 43.2B | |
Non Currrent Assets Other | 957.8M | 896.5M | 361.1M | (17M) | 4.5B | 4.7B | |
Net Receivables | 1.2B | 1.2B | 1.5B | 1.8B | 1.5B | 796.2M | |
Liabilities And Stockholders Equity | 35.0B | 37.0B | 39.0B | 41.9B | 43.9B | 46.1B | |
Non Current Liabilities Total | 21.5B | 22.2B | 24.1B | 25.6B | 26.8B | 28.1B | |
Inventory | 549.8M | 528.6M | 635.8M | 807.1M | 775.2M | 468.6M | |
Other Current Assets | 68M | 326.8M | 498.9M | 533.3M | 474.4M | 307.0M | |
Other Stockholder Equity | 4.2B | 4.1B | 4.1B | 4.1B | 4.1B | 2.5B | |
Total Liab | 24.7B | 26.4B | 27.9B | 30.3B | 31.9B | 33.5B | |
Total Current Assets | 2.1B | 2.1B | 2.7B | 3.2B | 2.8B | 1.7B | |
Short Term Debt | 1.5B | 2.6B | 2.1B | 2.6B | 3.3B | 3.5B | |
Current Deferred Revenue | 199.8M | 174M | 389.2M | 370.7M | 356.4M | 285.6M | |
Property Plant And Equipment Gross | 23.6B | 25.7B | 36.9B | 39.5B | 41.7B | 43.8B | |
Accumulated Other Comprehensive Income | (2.6M) | (4.1M) | (6.8M) | (3.2M) | (7.7M) | (8.1M) | |
Other Liab | 10.3B | 10.5B | 10.6B | 10.9B | 12.5B | 13.1B | |
Other Assets | 4.4B | 4.8B | 5.0B | 7.0B | 8.0B | 8.4B | |
Long Term Debt | 11.2B | 11.7B | 13.5B | 14.8B | 15.4B | 16.1B | |
Property Plant Equipment | 23.6B | 25.7B | 27.0B | 29.1B | 33.5B | 35.2B | |
Net Tangible Assets | 10.1B | 10.5B | 7.9B | 8.3B | 9.6B | 7.9B | |
Noncontrolling Interest In Consolidated Entity | 110.8M | 162.4M | 169.7M | 209.3M | 240.7M | 252.7M | |
Retained Earnings Total Equity | 5.9B | 6.3B | 6.8B | 7.3B | 8.4B | 8.8B | |
Long Term Debt Total | 11.2B | 11.7B | 13.5B | 14.8B | 17.0B | 9.2B | |
Deferred Long Term Liab | 4.3B | 4.5B | 3.3B | 5.0B | 5.7B | 3.8B |
Also Currently Popular
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 WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy'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 Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Multi-Utilities 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 WEC Energy. If investors know WEC 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 WEC Energy 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 (0.24) | Dividend Share 3.285 | Earnings Share 4.09 | Revenue Per Share 27.023 | Quarterly Revenue Growth (0.05) |
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy'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 WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy'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 WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy'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.