WESC Historical Balance Sheet
| WESC Stock | USD 0.01 0.00 0.00% |
Trend analysis of WE Source Corp balance sheet accounts such as Total Assets of 14.9 K, Other Current Liab of 75.8 K, Total Current Liabilities of 94.7 K or Accounts Payable of 15.7 K provides information on WE Source's total assets, liabilities, and equity, which is the actual value of WE Source Corp to its prevalent stockholders. By breaking down trends over time using WE Source balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining WE Source Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WE Source Corp is a good buy for the upcoming year.
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About WESC Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of WE Source Corp at a specified time, usually calculated after every quarter, six months, or one year. WE Source Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WE Source and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WESC currently owns. An asset can also be divided into two categories, current and non-current.
WE Source Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of WE Source assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in WE Source Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on WE Source balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of WE Source Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents WE Source 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 WE Source Corp 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 accounts from WE Source's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into WE Source Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 WE Source 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 state. At present, WE Source's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 94.7 K, whereas Total Stockholder Equity is forecasted to decline to (83.4 K).
| 2020 | 2021 | 2023 | 2024 (projected) | Other Current Liabilities | 12.0K | 67.0K | 60.3K | 75.8K | Total Assets | 14.3K | 12.5K | 11.3K | 14.9K |
WE Source balance sheet Correlations
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WE Source balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 14.0K | 14.6K | 14.3K | 12.5K | 11.3K | 14.9K | |
| Other Current Liab | 144.4K | 198.1K | 12.0K | 67.0K | 60.3K | 75.8K | |
| Total Current Liabilities | 162.3K | 213.5K | 36.6K | 100.8K | 90.7K | 94.7K | |
| Total Stockholder Equity | (148.3K) | (198.9K) | (22.3K) | (88.2K) | (79.4K) | (83.4K) | |
| Net Tangible Assets | (148.3K) | (198.9K) | (22.3K) | (88.2K) | (79.4K) | (83.4K) | |
| Retained Earnings | (1.2M) | (1.3M) | (1.3M) | (1.3M) | (1.2M) | (1.3M) | |
| Accounts Payable | 11.3K | 17.9K | 15.4K | 24.6K | 28.2K | 15.7K | |
| Cash | 2.5K | 3.5K | 2.2K | 853.0 | 767.7 | 729.32 | |
| Other Assets | 11.5K | 11.0K | 12.0K | 11.7K | 10.5K | 9.5K | |
| Net Receivables | 43.0 | 38.0 | 42.0 | 40.0 | 36.0 | 34.2 | |
| Other Stockholder Equity | 11.4K | 15.9K | 3.5K | 8.5K | 9.8K | 8.7K | |
| Total Liab | 162.3K | 213.5K | 36.6K | 100.8K | 90.7K | 94.7K | |
| Total Current Assets | 2.6K | 3.5K | 2.3K | 893.0 | 803.7 | 763.52 | |
| Non Current Assets Total | 11.5K | 11.0K | 12.0K | 11.7K | 13.4K | 12.7K | |
| Net Invested Capital | (148.3K) | (198.9K) | (22.3K) | (88.2K) | (79.4K) | (83.4K) | |
| Net Working Capital | (159.7K) | (209.9K) | (34.3K) | (99.9K) | (89.9K) | (94.4K) |
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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 WE Source Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WE Source'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 We Source Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on We Source Corp Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WE Source 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 state. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Hotels, Resorts & Cruise Lines 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 WE Source. If investors know WESC 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 WE Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth 1.199 | Return On Assets (3.55) |
The market value of WE Source Corp is measured differently than its book value, which is the value of WESC that is recorded on the company's balance sheet. Investors also form their own opinion of WE Source's value that differs from its market value or its book value, called intrinsic value, which is WE Source'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 WE Source's market value can be influenced by many factors that don't directly affect WE Source'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 WE Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if WE Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WE Source'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.