Weyco Good Will vs Capital Stock Analysis

WEYS Stock

USD 37.31 0.86 2.36%

Weyco financial indicator trend analysis is more than just analyzing Weyco Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weyco Group is a good investment. Please check the relationship between Weyco Good Will and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weyco 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 manufacturing.

Good Will vs Capital Stock

Good Will vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weyco Group Good Will account and Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Weyco's Good Will and Capital Stock is -0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Weyco Group, assuming nothing else is changed. The correlation between historical values of Weyco's Good Will and Capital 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 Good Will of Weyco Group are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Good Will i.e., Weyco's Good Will and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Weyco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weyco 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 Weyco 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 manufacturing.

At this time, Weyco's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 7.15 in 2024, whereas Tax Provision is likely to drop slightly above 8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	81K	710K	529K	302.6K
Depreciation And Amortization	2.7M	2.7M	2.8M	2.5M

Interest Expense Depreciation And Amortization

Weyco fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Short Long Term Debt Total	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.65	0.62	0.95	0.88	0.27	0.97	-0.01	0.93	0.84	0.05	0.86	-0.91	0.85	0.84	0.84	0.57	0.83	0.24	0.94	0.32	0.33	0.27	0.86	0.02	0.82
Other Current Liab	0.65		0.5	0.61	0.41	0.25	0.64	-0.13	0.48	0.37	-0.12	0.61	-0.43	0.39	0.71	0.58	0.25	0.54	0.0	0.72	0.1	0.25	0.26	0.46	-0.07	0.43
Total Current Liabilities	0.62	0.5		0.38	0.42	0.73	0.49	-0.27	0.61	0.28	-0.24	0.58	-0.42	0.4	0.67	0.44	-0.01	0.92	-0.04	0.55	0.37	0.86	0.89	0.51	0.17	0.56
Total Stockholder Equity	0.95	0.61	0.38		0.87	0.02	0.97	0.13	0.84	0.88	0.19	0.79	-0.91	0.79	0.78	0.82	0.71	0.63	0.34	0.94	0.23	0.1	0.0	0.81	-0.11	0.74
Property Plant And Equipment Net	0.88	0.41	0.42	0.87		0.22	0.84	0.02	0.83	0.8	0.08	0.67	-0.84	0.9	0.72	0.68	0.63	0.7	0.34	0.81	0.21	0.31	0.14	0.68	0.06	0.64
Net Debt	0.27	0.25	0.73	0.02	0.22		0.11	-0.81	0.35	-0.08	-0.79	0.39	0.01	0.27	0.41	0.06	-0.39	0.66	-0.59	0.16	0.4	0.69	0.8	0.02	0.53	0.15
Retained Earnings	0.97	0.64	0.49	0.97	0.84	0.11		0.07	0.9	0.84	0.13	0.83	-0.9	0.8	0.76	0.89	0.57	0.71	0.31	0.92	0.26	0.17	0.12	0.89	-0.03	0.83
Cash	-0.01	-0.13	-0.27	0.13	0.02	-0.81	0.07		-0.14	0.24	0.99	-0.29	-0.24	-0.13	-0.11	0.1	0.54	-0.26	0.9	0.1	-0.4	-0.15	-0.35	0.21	-0.68	0.06
Non Current Assets Total	0.93	0.48	0.61	0.84	0.83	0.35	0.9	-0.14		0.79	-0.06	0.82	-0.87	0.89	0.63	0.84	0.4	0.84	0.13	0.75	0.28	0.31	0.3	0.89	0.2	0.9
Non Currrent Assets Other	0.84	0.37	0.28	0.88	0.8	-0.08	0.84	0.24	0.79		0.3	0.75	-0.98	0.77	0.65	0.81	0.84	0.55	0.44	0.78	0.23	0.03	-0.12	0.83	-0.15	0.82
Cash And Short Term Investments	0.05	-0.12	-0.24	0.19	0.08	-0.79	0.13	0.99	-0.06	0.3		-0.22	-0.31	-0.06	-0.09	0.16	0.57	-0.2	0.91	0.14	-0.35	-0.14	-0.34	0.29	-0.6	0.14
Net Receivables	0.86	0.61	0.58	0.79	0.67	0.39	0.83	-0.29	0.82	0.75	-0.22		-0.77	0.69	0.75	0.79	0.41	0.73	-0.03	0.79	0.59	0.19	0.21	0.75	0.31	0.8
Common Stock Shares Outstanding	-0.91	-0.43	-0.42	-0.91	-0.84	0.01	-0.9	-0.24	-0.87	-0.98	-0.31	-0.77		-0.81	-0.68	-0.85	-0.77	-0.66	-0.46	-0.83	-0.23	-0.16	-0.03	-0.9	0.11	-0.88
Non Current Liabilities Total	0.85	0.39	0.4	0.79	0.9	0.27	0.8	-0.13	0.89	0.77	-0.06	0.69	-0.81		0.6	0.7	0.5	0.74	0.13	0.71	0.32	0.19	0.1	0.71	0.22	0.7
Inventory	0.84	0.71	0.67	0.78	0.72	0.41	0.76	-0.11	0.63	0.65	-0.09	0.75	-0.68	0.6		0.62	0.54	0.76	0.15	0.92	0.41	0.49	0.38	0.54	-0.13	0.53
Other Current Assets	0.84	0.58	0.44	0.82	0.68	0.06	0.89	0.1	0.84	0.81	0.16	0.79	-0.85	0.7	0.62		0.49	0.64	0.36	0.74	0.24	0.1	0.06	0.92	-0.08	0.9
Other Stockholder Equity	0.57	0.25	-0.01	0.71	0.63	-0.39	0.57	0.54	0.4	0.84	0.57	0.41	-0.77	0.5	0.54	0.49		0.21	0.65	0.65	0.09	-0.07	-0.34	0.49	-0.45	0.44
Total Liab	0.83	0.54	0.92	0.63	0.7	0.66	0.71	-0.26	0.84	0.55	-0.2	0.73	-0.66	0.74	0.76	0.64	0.21		0.03	0.72	0.41	0.72	0.71	0.69	0.22	0.72
Property Plant And Equipment Gross	0.24	0.0	-0.04	0.34	0.34	-0.59	0.31	0.9	0.13	0.44	0.91	-0.03	-0.46	0.13	0.15	0.36	0.65	0.03		0.31	-0.2	0.06	-0.2	0.41	-0.56	0.28
Total Current Assets	0.94	0.72	0.55	0.94	0.81	0.16	0.92	0.1	0.75	0.78	0.14	0.79	-0.83	0.71	0.92	0.74	0.65	0.72	0.31		0.31	0.31	0.21	0.72	-0.14	0.65
Accounts Payable	0.32	0.1	0.37	0.23	0.21	0.4	0.26	-0.4	0.28	0.23	-0.35	0.59	-0.23	0.32	0.41	0.24	0.09	0.41	-0.2	0.31		0.11	0.15	0.18	0.41	0.27
Short Long Term Debt Total	0.33	0.25	0.86	0.1	0.31	0.69	0.17	-0.15	0.31	0.03	-0.14	0.19	-0.16	0.19	0.49	0.1	-0.07	0.72	0.06	0.31	0.11		0.93	0.17	0.06	0.2
Short Term Debt	0.27	0.26	0.89	0.0	0.14	0.8	0.12	-0.35	0.3	-0.12	-0.34	0.21	-0.03	0.1	0.38	0.06	-0.34	0.71	-0.2	0.21	0.15	0.93		0.15	0.2	0.2
Common Stock Total Equity	0.86	0.46	0.51	0.81	0.68	0.02	0.89	0.21	0.89	0.83	0.29	0.75	-0.9	0.71	0.54	0.92	0.49	0.69	0.41	0.72	0.18	0.17	0.15		-0.03	0.97
Short Term Investments	0.02	-0.07	0.17	-0.11	0.06	0.53	-0.03	-0.68	0.2	-0.15	-0.6	0.31	0.11	0.22	-0.13	-0.08	-0.45	0.22	-0.56	-0.14	0.41	0.06	0.2	-0.03		0.07
Common Stock	0.82	0.43	0.56	0.74	0.64	0.15	0.83	0.06	0.9	0.82	0.14	0.8	-0.88	0.7	0.53	0.9	0.44	0.72	0.28	0.65	0.27	0.2	0.2	0.97	0.07

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Weyco Account Relationship Matchups

Weyco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	296.9M	256.7M	277.7M	326.6M	309.3M	184.0M
Other Current Liab	15.9M	10.5M	10.7M	16.4M	15.8M	9.8M
Total Current Liabilities	41.9M	24.3M	34.5M	67.5M	29.6M	29.4M
Total Stockholder Equity	210.0M	187.9M	201.4M	223.9M	244.5M	134.7M
Property Plant And Equipment Net	51.0M	40.4M	38.7M	42.2M	42.0M	23.6M
Net Debt	17.9M	(20.5M)	(8.6M)	28.9M	(55.8M)	(53.0M)
Retained Earnings	158.8M	139.0M	147.8M	164.0M	180.6M	113.8M
Cash	9.8M	32.5M	19.7M	16.9M	69.3M	72.8M
Non Current Assets Total	136.9M	122.4M	120.5M	120.2M	119.2M	75.8M
Non Currrent Assets Other	23.7M	24.0M	23.6M	23.8M	21.9M	21.8M
Cash And Short Term Investments	15.7M	34.7M	28.1M	18.4M	69.5M	73.0M
Net Receivables	51.5M	36.0M	53.8M	54.2M	39.5M	35.7M
Common Stock Shares Outstanding	10.0M	9.8M	9.7M	9.6M	9.5M	11.0M
Liabilities And Stockholders Equity	296.9M	256.7M	277.7M	326.6M	309.3M	184.0M
Non Current Liabilities Total	45.0M	44.4M	41.8M	35.2M	35.2M	18.9M
Inventory	86.7M	59.0M	71.0M	128.0M	74.9M	47.5M
Other Current Assets	6.0M	4.6M	4.3M	5.9M	6.2M	5.2M
Other Stockholder Equity	65.5M	67.2M	68.7M	70.5M	71.7M	75.2M
Total Liab	86.9M	68.8M	76.3M	102.7M	64.8M	47.7M
Property Plant And Equipment Gross	51.0M	40.4M	38.7M	42.2M	92.5M	97.1M
Total Current Assets	160.0M	134.3M	157.2M	206.5M	190.1M	108.2M
Accumulated Other Comprehensive Income	(24.5M)	(28.0M)	(24.8M)	(20.2M)	(17.3M)	(16.4M)
Accounts Payable	12.5M	8.4M	19.2M	14.9M	8.8M	11.0M
Short Long Term Debt Total	27.7M	12.0M	11.1M	45.8M	13.5M	17.5M
Short Term Debt	13.6M	4.2M	3.6M	35.2M	4.0M	3.8M
Common Stock Total Equity	9.9M	9.8M	9.7M	9.6M	11.0M	10.1M
Short Term Investments	5.9M	2.2M	8.3M	1.5M	215K	204.3K
Common Stock	9.9M	9.8M	9.7M	9.6M	9.5M	10.1M
Other Assets	24.7M	67.7M	24.7M	24.1M	1.0	0.95
Property Plant Equipment	32.2M	30.8M	29.2M	28.8M	33.1M	31.6M
Other Liab	30.9M	36.7M	34.2M	24.5M	28.2M	25.7M
Net Tangible Assets	166.0M	143.9M	154.3M	178.0M	204.7M	165.9M
Retained Earnings Total Equity	158.8M	139.0M	147.8M	164.0M	188.6M	139.9M
Capital Surpluse	65.8M	67.2M	68.7M	70.5M	81.0M	57.5M
Deferred Long Term Liab	3.1M	2.9M	5.0M	8.5M	9.8M	10.3M
Long Term Investments	15.8M	12.8M	10.0M	7.1M	6.4M	6.0M

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