Western Non Current Liabilities Total vs Other Assets Analysis

WES Stock

USD 38.54 0.33 0.86%

Western Midstream financial indicator trend analysis is more than just analyzing Western Midstream current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Midstream is a good investment. Please check the relationship between Western Midstream Non Current Liabilities Total and its Other Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in consumer price index.

Non Current Liabilities Total vs Other Assets

Non Current Liabilities Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Midstream Non Current Liabilities Total account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Western Midstream's Non Current Liabilities Total and Other Assets is 0.45. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Western Midstream Partners, assuming nothing else is changed. The correlation between historical values of Western Midstream's Non Current Liabilities Total and Other Assets 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 Midstream Partners are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Liabilities Total i.e., Western Midstream's Non Current Liabilities Total and Other Assets go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Current Liabilities Total

Other Assets

Most indicators from Western Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Midstream 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 Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in consumer price index.

At this time, Western Midstream's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 19 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	2.2B	2.2B	2.8B	2.9B
Total Revenue	3.3B	3.1B	3.6B	1.8B

Gross Profit Total Revenue

Western Midstream fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Good Will	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Common Stock Shares Outstanding	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total
Total Assets		0.84	0.69	0.46	0.8	0.85	0.29	0.42	0.01	0.32	0.89	0.76	0.99	0.91	0.99	0.97	0.99	0.52	0.97	0.28	0.76	0.97	0.36	0.06	0.53	0.93
Other Current Liab	0.84		0.68	0.43	0.67	0.58	0.35	0.39	-0.31	0.4	0.76	0.51	0.85	0.87	0.84	0.81	0.81	0.43	0.81	0.34	0.75	0.82	-0.04	-0.08	0.57	0.73
Total Current Liabilities	0.69	0.68		0.29	0.84	0.62	0.78	0.21	-0.49	0.78	0.9	0.34	0.72	0.66	0.75	0.71	0.69	0.17	0.7	0.78	0.97	0.72	-0.11	-0.04	0.93	0.67
Total Stockholder Equity	0.46	0.43	0.29		0.15	0.26	0.19	0.15	0.03	0.11	0.37	0.46	0.44	0.51	0.44	0.41	0.45	0.32	0.42	0.19	0.37	0.41	0.26	0.31	0.3	0.63
Other Liab	0.8	0.67	0.84	0.15		0.74	0.52	0.28	-0.19	0.54	0.92	0.55	0.81	0.72	0.83	0.83	0.82	0.33	0.83	0.51	0.87	0.84	0.11	-0.05	0.73	0.76
Accounts Payable	0.85	0.58	0.62	0.26	0.74		0.14	0.25	0.01	0.29	0.77	0.62	0.86	0.71	0.87	0.85	0.86	0.34	0.84	0.13	0.66	0.84	0.37	0.09	0.4	0.83
Cash	0.29	0.35	0.78	0.19	0.52	0.14		0.13	-0.45	0.72	0.56	0.01	0.3	0.29	0.33	0.27	0.26	-0.1	0.28	1.0	0.7	0.31	-0.25	0.04	0.94	0.31
Other Assets	0.42	0.39	0.21	0.15	0.28	0.25	0.13		-0.03	0.09	0.4	0.35	0.4	0.45	0.4	0.44	0.43	0.59	0.48	0.12	0.23	0.45	0.08	-0.12	0.19	0.45
Good Will	0.01	-0.31	-0.49	0.03	-0.19	0.01	-0.45	-0.03		-0.66	-0.25	0.49	-0.07	-0.18	-0.1	-0.1	0.04	0.07	-0.09	-0.46	-0.45	-0.13	0.65	0.58	-0.49	0.08
Other Current Assets	0.32	0.4	0.78	0.11	0.54	0.29	0.72	0.09	-0.66		0.59	-0.04	0.37	0.32	0.41	0.4	0.31	-0.24	0.37	0.73	0.79	0.4	-0.38	-0.08	0.82	0.32
Total Liab	0.89	0.76	0.9	0.37	0.92	0.77	0.56	0.4	-0.25	0.59		0.57	0.9	0.85	0.92	0.92	0.9	0.47	0.92	0.55	0.92	0.93	0.23	-0.1	0.78	0.86
Intangible Assets	0.76	0.51	0.34	0.46	0.55	0.62	0.01	0.35	0.49	-0.04	0.57		0.7	0.59	0.69	0.67	0.79	0.39	0.67	-0.01	0.42	0.65	0.43	0.42	0.2	0.79
Property Plant Equipment	0.99	0.85	0.72	0.44	0.81	0.86	0.3	0.4	-0.07	0.37	0.9	0.7		0.93	1.0	0.98	0.99	0.51	0.98	0.29	0.78	0.98	0.33	0.0	0.55	0.92
Common Stock Shares Outstanding	0.91	0.87	0.66	0.51	0.72	0.71	0.29	0.45	-0.18	0.32	0.85	0.59	0.93		0.93	0.93	0.91	0.63	0.93	0.28	0.73	0.92	0.3	-0.18	0.52	0.83
Property Plant And Equipment Net	0.99	0.84	0.75	0.44	0.83	0.87	0.33	0.4	-0.1	0.41	0.92	0.69	1.0	0.93		0.99	0.99	0.51	0.98	0.32	0.81	0.99	0.32	-0.01	0.59	0.92
Net Debt	0.97	0.81	0.71	0.41	0.83	0.85	0.27	0.44	-0.1	0.4	0.92	0.67	0.98	0.93	0.99		0.98	0.58	1.0	0.26	0.78	1.0	0.37	-0.1	0.54	0.91
Non Current Assets Total	0.99	0.81	0.69	0.45	0.82	0.86	0.26	0.43	0.04	0.31	0.9	0.79	0.99	0.91	0.99	0.98		0.55	0.98	0.25	0.75	0.97	0.41	0.05	0.52	0.94
Non Currrent Assets Other	0.52	0.43	0.17	0.32	0.33	0.34	-0.1	0.59	0.07	-0.24	0.47	0.39	0.51	0.63	0.51	0.58	0.55		0.62	-0.11	0.17	0.59	0.52	-0.39	0.02	0.51
Long Term Debt	0.97	0.81	0.7	0.42	0.83	0.84	0.28	0.48	-0.09	0.37	0.92	0.67	0.98	0.93	0.98	1.0	0.98	0.62		0.27	0.77	1.0	0.38	-0.12	0.53	0.91
Cash And Short Term Investments	0.28	0.34	0.78	0.19	0.51	0.13	1.0	0.12	-0.46	0.73	0.55	-0.01	0.29	0.28	0.32	0.26	0.25	-0.11	0.27		0.7	0.3	-0.26	0.04	0.94	0.3
Net Receivables	0.76	0.75	0.97	0.37	0.87	0.66	0.7	0.23	-0.45	0.79	0.92	0.42	0.78	0.73	0.81	0.78	0.75	0.17	0.77	0.7		0.79	-0.08	-0.02	0.9	0.75
Non Current Liabilities Total	0.97	0.82	0.72	0.41	0.84	0.84	0.31	0.45	-0.13	0.4	0.93	0.65	0.98	0.92	0.99	1.0	0.97	0.59	1.0	0.3	0.79		0.34	-0.12	0.56	0.9
Inventory	0.36	-0.04	-0.11	0.26	0.11	0.37	-0.25	0.08	0.65	-0.38	0.23	0.43	0.33	0.3	0.32	0.37	0.41	0.52	0.38	-0.26	-0.08	0.34		0.09	-0.19	0.39
Other Stockholder Equity	0.06	-0.08	-0.04	0.31	-0.05	0.09	0.04	-0.12	0.58	-0.08	-0.1	0.42	0.0	-0.18	-0.01	-0.1	0.05	-0.39	-0.12	0.04	-0.02	-0.12	0.09		0.01	0.25
Total Current Assets	0.53	0.57	0.93	0.3	0.73	0.4	0.94	0.19	-0.49	0.82	0.78	0.2	0.55	0.52	0.59	0.54	0.52	0.02	0.53	0.94	0.9	0.56	-0.19	0.01		0.54
Short Long Term Debt Total	0.93	0.73	0.67	0.63	0.76	0.83	0.31	0.45	0.08	0.32	0.86	0.79	0.92	0.83	0.92	0.91	0.94	0.51	0.91	0.3	0.75	0.9	0.39	0.25	0.54

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Western Midstream Account Relationship Matchups

Western Midstream fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	11.8B	11.3B	11.3B	12.5B	13.1B	7.3B
Other Current Liab	279.9M	280.4M	221.0M	292.8M	254.9M	148.6M
Total Current Liabilities	960.9M	1.1B	903.9M	1.3B	1.7B	1.8B
Total Stockholder Equity	2.9B	3.1B	3.0B	2.9B	3.2B	1.8B
Other Liab	560.6M	558.0M	601.1M	656.8M	755.3M	793.0M
Accounts Payable	210.7M	326.1M	360.6M	362.5M	312.9M	171.0M
Cash	444.9M	202.0M	286.7M	272.8M	1.1B	1.1B
Other Assets	1.4B	87.0M	80.8M	119.5M	136.7M	181.5M
Other Current Assets	17.9M	1.9M	19.7M	35.8M	32.8M	34.4M
Total Liab	8.9B	8.2B	8.2B	9.4B	9.8B	10.3B
Intangible Assets	776.4M	744.7M	713.1M	681.4M	649.7M	506.5M
Property Plant Equipment	8.7B	8.5B	8.5B	9.7B	9.9B	5.3B
Common Stock Shares Outstanding	435.6M	411.3M	396.2M	384.4M	382.5M	258.7M
Property Plant And Equipment Net	8.7B	8.5B	8.6B	9.7B	9.9B	5.9B
Net Debt	7.0B	6.2B	6.5B	7.7B	7.0B	3.9B
Non Current Assets Total	10.9B	10.6B	10.4B	11.5B	11.3B	7.6B
Non Currrent Assets Other	2.2B	2.1B	80.8M	119.5M	136.7M	129.9M
Long Term Debt	7.4B	6.4B	6.6B	7.3B	6.9B	4.1B
Cash And Short Term Investments	444.9M	202.0M	286.7M	272.8M	1.1B	1.1B
Net Receivables	471.2M	467.1M	590.3M	681.3M	721.4M	757.5M
Liabilities And Stockholders Equity	11.8B	11.3B	11.3B	12.5B	13.1B	8.0B
Non Current Liabilities Total	8.0B	7.0B	7.3B	8.1B	8.1B	4.5B
Inventory	882K	3.4M	3.8M	2.6M	2.5M	2.4M
Other Stockholder Equity	134.1M	137.7M	136.4M	3.0B	3.4B	2.2B
Total Current Assets	943.1M	684.8M	900.4M	992.4M	1.8B	1.9B
Short Long Term Debt Total	7.9B	6.9B	6.8B	8.0B	8.1B	5.5B
Common Stock	2.8B	3.0B	3.0B	2.9B	3.2B	2.0B
Noncontrolling Interest In Consolidated Entity	2.6B	149.6M	134.1M	137.7M	158.3M	150.4M
Deferred Long Term Liab	18.9M	22.2M	12.4M	14.4M	16.6M	9.0M
Net Tangible Assets	1.9B	2.1B	2.2B	2.4B	2.7B	2.3B
Long Term Debt Total	7.4B	6.4B	6.6B	7.3B	6.9B	5.8B
Long Term Investments	1.2B	1.2B	944.7M	904.5M	541.4M	1.0B
Property Plant And Equipment Gross	8.7B	12.8B	13.4B	14.9B	15.5B	9.8B
Non Current Liabilities Other	535.9M	325.8M	675.7M	480.2M	751.4M	443.1M
Accumulated Depreciation	(3.3B)	(3.9B)	(4.3B)	(4.8B)	(4.3B)	(4.6B)

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