WEC Short Long Term Debt vs Accounts Payable Analysis

WEC Stock  USD 101.35  0.69  0.69%   
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 Short Long Term Debt and its Accounts Payable 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.

Short Long Term Debt vs Accounts Payable

Short Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEC Energy Group Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between WEC Energy's Short Long Term Debt and Accounts Payable is -0.79. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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 Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of WEC Energy Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., WEC Energy's Short Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Accounts Payable

An accounting item on the balance sheet that represents WEC Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of WEC Energy Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Profit3.0B3.3B4.4B2.5B
Total Revenue8.3B9.6B8.9B9.3B

WEC Energy fundamental ratios Correlations

0.850.780.220.770.890.820.770.720.950.240.86-0.10.240.920.850.820.40.540.840.860.65-0.280.690.890.7
0.850.990.280.971.01.00.990.940.840.31.00.280.30.821.00.820.580.421.00.840.91-0.320.570.730.95
0.780.990.310.980.970.991.00.950.770.240.990.390.240.770.980.790.670.330.990.80.94-0.280.470.650.98
0.220.280.310.340.260.30.310.350.3-0.110.280.12-0.110.280.280.260.35-0.010.290.290.330.11-0.270.130.27
0.770.970.980.340.950.980.980.940.750.290.970.420.290.760.960.760.620.350.970.770.98-0.30.480.630.95
0.891.00.970.260.950.980.970.910.870.321.00.210.320.840.990.830.530.450.990.840.88-0.340.620.750.92
0.821.00.990.30.980.980.990.960.80.281.00.340.280.81.00.810.620.41.00.820.93-0.30.510.690.97
0.770.991.00.310.980.970.990.950.770.240.990.390.240.770.980.790.670.330.990.80.94-0.280.470.640.98
0.720.940.950.350.940.910.960.950.720.310.940.440.310.750.940.740.630.470.940.790.92-0.290.340.640.95
0.950.840.770.30.750.870.80.770.720.20.84-0.210.20.970.840.920.470.590.830.940.62-0.310.690.90.72
0.240.30.24-0.110.290.320.280.240.310.20.30.191.00.180.30.25-0.320.470.30.220.27-0.330.420.310.18
0.861.00.990.280.971.01.00.990.940.840.30.280.30.821.00.820.580.421.00.830.91-0.320.570.720.95
-0.10.280.390.120.420.210.340.390.44-0.210.190.280.19-0.120.27-0.070.32-0.220.29-0.070.560.0-0.32-0.160.43
0.240.30.24-0.110.290.320.280.240.310.21.00.30.190.180.30.25-0.320.470.30.220.27-0.330.420.310.18
0.920.820.770.280.760.840.80.770.750.970.180.82-0.120.180.820.910.530.610.820.970.66-0.340.660.890.75
0.851.00.980.280.960.991.00.980.940.840.31.00.270.30.820.830.590.431.00.840.89-0.30.560.730.95
0.820.820.790.260.760.830.810.790.740.920.250.82-0.070.250.910.830.560.540.820.970.65-0.210.660.90.77
0.40.580.670.350.620.530.620.670.630.47-0.320.580.32-0.320.530.590.56-0.120.60.580.630.20.020.330.74
0.540.420.33-0.010.350.450.40.330.470.590.470.42-0.220.470.610.430.54-0.120.410.60.28-0.650.460.680.29
0.841.00.990.290.970.991.00.990.940.830.31.00.290.30.821.00.820.60.410.830.91-0.310.550.720.96
0.860.840.80.290.770.840.820.80.790.940.220.83-0.070.220.970.840.970.580.60.830.67-0.230.620.90.78
0.650.910.940.330.980.880.930.940.920.620.270.910.560.270.660.890.650.630.280.910.67-0.280.360.510.93
-0.28-0.32-0.280.11-0.3-0.34-0.3-0.28-0.29-0.31-0.33-0.320.0-0.33-0.34-0.3-0.210.2-0.65-0.31-0.23-0.28-0.41-0.19-0.27
0.690.570.47-0.270.480.620.510.470.340.690.420.57-0.320.420.660.560.660.020.460.550.620.36-0.410.660.43
0.890.730.650.130.630.750.690.640.640.90.310.72-0.160.310.890.730.90.330.680.720.90.51-0.190.660.58
0.70.950.980.270.950.920.970.980.950.720.180.950.430.180.750.950.770.740.290.960.780.93-0.270.430.58
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WEC Energy Account Relationship Matchups

WEC Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding316.7M316.5M316.3M316.1M315.9M269.4M
Total Assets35.0B37.0B39.0B41.9B43.9B46.1B
Short Long Term Debt Total12.7B14.3B15.6B17.3B18.8B19.7B
Other Current Liab550.8M523.9M(101.2M)811.9M215.6M264.4M
Total Current Liabilities3.2B4.1B3.8B4.6B5.1B5.4B
Total Stockholder Equity10.1B10.5B10.9B11.4B11.8B12.3B
Property Plant And Equipment Net23.6B25.7B27.0B29.1B31.6B33.2B
Net Debt12.7B14.3B15.6B17.3B18.8B19.7B
Retained Earnings5.9B6.3B6.8B7.3B7.6B8.0B
Accounts Payable908.1M880.7M1.0B1.2B896.6M534.4M
Non Current Assets Total32.9B34.9B36.3B38.7B41.1B43.2B
Non Currrent Assets Other957.8M896.5M361.1M(17M)4.5B4.7B
Net Receivables1.2B1.2B1.5B1.8B1.5B796.2M
Liabilities And Stockholders Equity35.0B37.0B39.0B41.9B43.9B46.1B
Non Current Liabilities Total21.5B22.2B24.1B25.6B26.8B28.1B
Inventory549.8M528.6M635.8M807.1M775.2M468.6M
Other Current Assets68M326.8M498.9M533.3M474.4M307.0M
Other Stockholder Equity4.2B4.1B4.1B4.1B4.1B2.5B
Total Liab24.7B26.4B27.9B30.3B31.9B33.5B
Total Current Assets2.1B2.1B2.7B3.2B2.8B1.7B
Short Term Debt1.5B2.6B2.1B2.6B3.3B3.5B
Current Deferred Revenue199.8M174M389.2M370.7M356.4M285.6M
Property Plant And Equipment Gross23.6B25.7B36.9B39.5B41.7B43.8B
Accumulated Other Comprehensive Income(2.6M)(4.1M)(6.8M)(3.2M)(7.7M)(8.1M)
Other Liab10.3B10.5B10.6B10.9B12.5B13.1B
Other Assets4.4B4.8B5.0B7.0B8.0B8.4B
Long Term Debt11.2B11.7B13.5B14.8B15.4B16.1B
Property Plant Equipment23.6B25.7B27.0B29.1B33.5B35.2B
Net Tangible Assets10.1B10.5B7.9B8.3B9.6B7.9B
Noncontrolling Interest In Consolidated Entity110.8M162.4M169.7M209.3M240.7M252.7M
Retained Earnings Total Equity5.9B6.3B6.8B7.3B8.4B8.8B
Long Term Debt Total11.2B11.7B13.5B14.8B17.0B9.2B
Deferred Long Term Liab4.3B4.5B3.3B5.0B5.7B3.8B

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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.