WESC Retained Earnings vs Total Stockholder Equity Analysis
| WESC Stock | USD 0.01 0.00 0.00% |
WE Source financial indicator trend analysis is more than just analyzing WE Source Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WE Source Corp is a good investment. Please check the relationship between WE Source Retained Earnings and its Total Stockholder Equity accounts. 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.
Retained Earnings vs Total Stockholder Equity
Retained Earnings vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WE Source Corp Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between WE Source's Retained Earnings and Total Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of WE Source Corp, assuming nothing else is changed. The correlation between historical values of WE Source's Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of WE Source Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., WE Source's Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from WE Source's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. The current year's Enterprise Value is expected to grow to about 818.1 K, whereas Selling General Administrative is forecasted to decline to about 58.5 K.
WE Source fundamental ratios Correlations
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WE Source Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WE Source fundamental ratios 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.