Weyco Other Stockholder Equity vs Non Currrent Assets Other 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 Other Stockholder Equity and its Non Currrent Assets Other 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.

Other Stockholder Equity vs Non Currrent Assets Other

Other Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weyco Group Other Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Weyco's Other Stockholder Equity and Non Currrent Assets Other is 0.84. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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 Other Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Weyco Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Stockholder Equity i.e., Weyco's Other Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense81K710K529K302.6K
Depreciation And Amortization2.7M2.7M2.8M2.5M

Weyco fundamental ratios Correlations

0.650.620.950.880.270.97-0.010.930.840.050.86-0.910.850.840.840.570.830.240.940.320.330.270.860.020.82
0.650.50.610.410.250.64-0.130.480.37-0.120.61-0.430.390.710.580.250.540.00.720.10.250.260.46-0.070.43
0.620.50.380.420.730.49-0.270.610.28-0.240.58-0.420.40.670.44-0.010.92-0.040.550.370.860.890.510.170.56
0.950.610.380.870.020.970.130.840.880.190.79-0.910.790.780.820.710.630.340.940.230.10.00.81-0.110.74
0.880.410.420.870.220.840.020.830.80.080.67-0.840.90.720.680.630.70.340.810.210.310.140.680.060.64
0.270.250.730.020.220.11-0.810.35-0.08-0.790.390.010.270.410.06-0.390.66-0.590.160.40.690.80.020.530.15
0.970.640.490.970.840.110.070.90.840.130.83-0.90.80.760.890.570.710.310.920.260.170.120.89-0.030.83
-0.01-0.13-0.270.130.02-0.810.07-0.140.240.99-0.29-0.24-0.13-0.110.10.54-0.260.90.1-0.4-0.15-0.350.21-0.680.06
0.930.480.610.840.830.350.9-0.140.79-0.060.82-0.870.890.630.840.40.840.130.750.280.310.30.890.20.9
0.840.370.280.880.8-0.080.840.240.790.30.75-0.980.770.650.810.840.550.440.780.230.03-0.120.83-0.150.82
0.05-0.12-0.240.190.08-0.790.130.99-0.060.3-0.22-0.31-0.06-0.090.160.57-0.20.910.14-0.35-0.14-0.340.29-0.60.14
0.860.610.580.790.670.390.83-0.290.820.75-0.22-0.770.690.750.790.410.73-0.030.790.590.190.210.750.310.8
-0.91-0.43-0.42-0.91-0.840.01-0.9-0.24-0.87-0.98-0.31-0.77-0.81-0.68-0.85-0.77-0.66-0.46-0.83-0.23-0.16-0.03-0.90.11-0.88
0.850.390.40.790.90.270.8-0.130.890.77-0.060.69-0.810.60.70.50.740.130.710.320.190.10.710.220.7
0.840.710.670.780.720.410.76-0.110.630.65-0.090.75-0.680.60.620.540.760.150.920.410.490.380.54-0.130.53
0.840.580.440.820.680.060.890.10.840.810.160.79-0.850.70.620.490.640.360.740.240.10.060.92-0.080.9
0.570.25-0.010.710.63-0.390.570.540.40.840.570.41-0.770.50.540.490.210.650.650.09-0.07-0.340.49-0.450.44
0.830.540.920.630.70.660.71-0.260.840.55-0.20.73-0.660.740.760.640.210.030.720.410.720.710.690.220.72
0.240.0-0.040.340.34-0.590.310.90.130.440.91-0.03-0.460.130.150.360.650.030.31-0.20.06-0.20.41-0.560.28
0.940.720.550.940.810.160.920.10.750.780.140.79-0.830.710.920.740.650.720.310.310.310.210.72-0.140.65
0.320.10.370.230.210.40.26-0.40.280.23-0.350.59-0.230.320.410.240.090.41-0.20.310.110.150.180.410.27
0.330.250.860.10.310.690.17-0.150.310.03-0.140.19-0.160.190.490.1-0.070.720.060.310.110.930.170.060.2
0.270.260.890.00.140.80.12-0.350.3-0.12-0.340.21-0.030.10.380.06-0.340.71-0.20.210.150.930.150.20.2
0.860.460.510.810.680.020.890.210.890.830.290.75-0.90.710.540.920.490.690.410.720.180.170.15-0.030.97
0.02-0.070.17-0.110.060.53-0.03-0.680.2-0.15-0.60.310.110.22-0.13-0.08-0.450.22-0.56-0.140.410.060.2-0.030.07
0.820.430.560.740.640.150.830.060.90.820.140.8-0.880.70.530.90.440.720.280.650.270.20.20.970.07
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Weyco Account Relationship Matchups

Weyco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets296.9M256.7M277.7M326.6M309.3M184.0M
Other Current Liab15.9M10.5M10.7M16.4M15.8M9.8M
Total Current Liabilities41.9M24.3M34.5M67.5M29.6M29.4M
Total Stockholder Equity210.0M187.9M201.4M223.9M244.5M134.7M
Property Plant And Equipment Net51.0M40.4M38.7M42.2M42.0M23.6M
Net Debt17.9M(20.5M)(8.6M)28.9M(55.8M)(53.0M)
Retained Earnings158.8M139.0M147.8M164.0M180.6M113.8M
Cash9.8M32.5M19.7M16.9M69.3M72.8M
Non Current Assets Total136.9M122.4M120.5M120.2M119.2M75.8M
Non Currrent Assets Other23.7M24.0M23.6M23.8M21.9M21.8M
Cash And Short Term Investments15.7M34.7M28.1M18.4M69.5M73.0M
Net Receivables51.5M36.0M53.8M54.2M39.5M35.7M
Common Stock Shares Outstanding10.0M9.8M9.7M9.6M9.5M11.0M
Liabilities And Stockholders Equity296.9M256.7M277.7M326.6M309.3M184.0M
Non Current Liabilities Total45.0M44.4M41.8M35.2M35.2M18.9M
Inventory86.7M59.0M71.0M128.0M74.9M47.5M
Other Current Assets6.0M4.6M4.3M5.9M6.2M5.2M
Other Stockholder Equity65.5M67.2M68.7M70.5M71.7M75.2M
Total Liab86.9M68.8M76.3M102.7M64.8M47.7M
Property Plant And Equipment Gross51.0M40.4M38.7M42.2M92.5M97.1M
Total Current Assets160.0M134.3M157.2M206.5M190.1M108.2M
Accumulated Other Comprehensive Income(24.5M)(28.0M)(24.8M)(20.2M)(17.3M)(16.4M)
Accounts Payable12.5M8.4M19.2M14.9M8.8M11.0M
Short Long Term Debt Total27.7M12.0M11.1M45.8M13.5M17.5M
Short Term Debt13.6M4.2M3.6M35.2M4.0M3.8M
Common Stock Total Equity9.9M9.8M9.7M9.6M11.0M10.1M
Short Term Investments5.9M2.2M8.3M1.5M215K204.3K
Common Stock9.9M9.8M9.7M9.6M9.5M10.1M
Other Assets24.7M67.7M24.7M24.1M1.00.95
Property Plant Equipment32.2M30.8M29.2M28.8M33.1M31.6M
Other Liab30.9M36.7M34.2M24.5M28.2M25.7M
Net Tangible Assets166.0M143.9M154.3M178.0M204.7M165.9M
Retained Earnings Total Equity158.8M139.0M147.8M164.0M188.6M139.9M
Capital Surpluse65.8M67.2M68.7M70.5M81.0M57.5M
Deferred Long Term Liab3.1M2.9M5.0M8.5M9.8M10.3M
Long Term Investments15.8M12.8M10.0M7.1M6.4M6.0M

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