Wells Non Current Assets Total vs Long Term Debt Analysis

WFC Stock

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

To learn how to invest in Wells Stock, please use our How to Invest in Wells Fargo guide.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wall Financial Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Wells Fargo's Non Current Assets Total and Long Term Debt is 0.86. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Wall Financial, assuming nothing else is changed. The correlation between historical values of Wells Fargo's Non Current Assets Total and Long Term Debt 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 Assets Total of Wall Financial are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Wells Fargo's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Wall Financial has held for over one year. Long-term debt appears on Wall Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Wall Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Wells Fargo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wall Financial 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 Wall Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Wells Stock, please use our How to Invest in Wells Fargo guide.At this time, Wells Fargo's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 11.3 M, while Enterprise Value Over EBITDA is likely to drop 15.65.

	2021	2022	2023	2024 (projected)
Gross Profit	59.2M	63.4M	71.8M	54.8M
Total Revenue	241.0M	144.4M	155.2M	197.0M

Gross Profit Total Revenue

Wells Fargo fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.99	-0.01	0.8	0.6	-0.43	0.99	0.54	0.74	0.69	0.89	0.22	-0.14	-0.02	-0.05	0.74	0.64	0.42	-0.16	0.98	-0.22	0.73	0.85	0.49	0.57	0.76
Short Long Term Debt Total	0.99		0.0	0.82	0.53	-0.42	1.0	0.47	0.75	0.67	0.88	0.21	-0.16	-0.03	-0.02	0.71	0.62	0.46	-0.21	0.99	-0.24	0.73	0.88	0.48	0.59	0.73
Other Current Liab	-0.01	0.0		0.11	-0.27	0.29	0.01	-0.29	-0.07	-0.2	-0.04	-0.01	-0.05	0.24	0.46	-0.13	0.03	0.76	0.27	0.03	0.18	0.03	0.06	0.06	0.01	0.02
Total Current Liabilities	0.8	0.82	0.11		0.04	-0.25	0.82	-0.02	0.86	0.55	0.49	0.19	-0.35	0.06	0.17	0.2	0.75	0.57	-0.04	0.9	-0.52	0.91	0.97	0.05	0.92	0.3
Total Stockholder Equity	0.6	0.53	-0.27	0.04		-0.43	0.53	1.0	0.17	0.46	0.77	0.12	0.32	-0.23	-0.3	0.87	0.13	-0.1	-0.06	0.43	0.28	0.08	0.14	0.71	-0.18	0.77
Property Plant And Equipment Net	-0.43	-0.42	0.29	-0.25	-0.43		-0.41	-0.43	-0.31	-0.37	-0.47	0.54	0.32	0.22	0.8	-0.39	0.06	0.0	0.05	-0.38	0.58	-0.18	-0.27	-0.34	-0.23	-0.36
Net Debt	0.99	1.0	0.01	0.82	0.53	-0.41		0.46	0.75	0.63	0.88	0.19	-0.14	-0.03	-0.01	0.71	0.62	0.47	-0.22	0.98	-0.22	0.73	0.88	0.48	0.59	0.73
Retained Earnings	0.54	0.47	-0.29	-0.02	1.0	-0.43	0.46		0.12	0.43	0.74	0.1	0.33	-0.23	-0.33	0.85	0.06	-0.15	-0.03	0.36	0.29	0.02	0.08	0.71	-0.24	0.72
Accounts Payable	0.74	0.75	-0.07	0.86	0.17	-0.31	0.75	0.12		0.46	0.51	0.09	-0.31	-0.06	0.03	0.26	0.6	0.37	-0.18	0.81	-0.38	0.77	0.84	0.18	0.81	0.3
Cash	0.69	0.67	-0.2	0.55	0.46	-0.37	0.63	0.43	0.46		0.63	0.55	-0.34	-0.01	-0.13	0.49	0.43	0.21	-0.02	0.67	-0.39	0.49	0.6	0.41	0.41	0.49
Non Current Assets Total	0.89	0.88	-0.04	0.49	0.77	-0.47	0.88	0.74	0.51	0.63		0.19	-0.04	-0.12	-0.19	0.9	0.26	0.32	-0.13	0.81	0.0	0.34	0.59	0.73	0.19	0.8
Cash And Short Term Investments	0.22	0.21	-0.01	0.19	0.12	0.54	0.19	0.1	0.09	0.55	0.19		0.12	0.03	0.6	0.14	0.35	0.13	0.06	0.22	0.27	0.18	0.23	0.13	0.07	0.11
Net Receivables	-0.14	-0.16	-0.05	-0.35	0.32	0.32	-0.14	0.33	-0.31	-0.34	-0.04	0.12		-0.16	0.28	0.08	-0.05	-0.26	0.14	-0.24	0.7	-0.23	-0.3	0.12	-0.44	0.06
Common Stock Shares Outstanding	-0.02	-0.03	0.24	0.06	-0.23	0.22	-0.03	-0.23	-0.06	-0.01	-0.12	0.03	-0.16		-0.07	-0.07	0.19	0.12	-0.33	0.02	-0.13	0.14	0.17	0.12	0.0	0.02
Short Term Investments	-0.05	-0.02	0.46	0.17	-0.3	0.8	-0.01	-0.33	0.03	-0.13	-0.19	0.6	0.28	-0.07		-0.26	0.34	0.44	0.18	0.02	0.43	0.19	0.11	-0.24	0.15	-0.16
Non Current Liabilities Total	0.74	0.71	-0.13	0.2	0.87	-0.39	0.71	0.85	0.26	0.49	0.9	0.14	0.08	-0.07	-0.26		0.21	0.07	-0.34	0.61	0.23	0.18	0.32	0.74	-0.1	0.93
Inventory	0.64	0.62	0.03	0.75	0.13	0.06	0.62	0.06	0.6	0.43	0.26	0.35	-0.05	0.19	0.34	0.21		0.27	-0.18	0.7	-0.21	0.93	0.73	-0.1	0.71	0.4
Other Current Assets	0.42	0.46	0.76	0.57	-0.1	0.0	0.47	-0.15	0.37	0.21	0.32	0.13	-0.26	0.12	0.44	0.07	0.27		0.16	0.49	-0.16	0.39	0.57	0.28	0.42	0.18
Other Stockholder Equity	-0.16	-0.21	0.27	-0.04	-0.06	0.05	-0.22	-0.03	-0.18	-0.02	-0.13	0.06	0.14	-0.33	0.18	-0.34	-0.18	0.16		-0.19	-0.03	-0.14	-0.14	-0.24	0.03	-0.45
Total Liab	0.98	0.99	0.03	0.9	0.43	-0.38	0.98	0.36	0.81	0.67	0.81	0.22	-0.24	0.02	0.02	0.61	0.7	0.49	-0.19		-0.32	0.81	0.93	0.37	0.7	0.66
Property Plant And Equipment Gross	-0.22	-0.24	0.18	-0.52	0.28	0.58	-0.22	0.29	-0.38	-0.39	0.0	0.27	0.7	-0.13	0.43	0.23	-0.21	-0.16	-0.03	-0.32		-0.44	-0.49	0.21	-0.65	0.18
Total Current Assets	0.73	0.73	0.03	0.91	0.08	-0.18	0.73	0.02	0.77	0.49	0.34	0.18	-0.23	0.14	0.19	0.18	0.93	0.39	-0.14	0.81	-0.44		0.87	-0.07	0.89	0.36
Short Term Debt	0.85	0.88	0.06	0.97	0.14	-0.27	0.88	0.08	0.84	0.6	0.59	0.23	-0.3	0.17	0.11	0.32	0.73	0.57	-0.14	0.93	-0.49	0.87		0.22	0.84	0.39
Non Currrent Assets Other	0.49	0.48	0.06	0.05	0.71	-0.34	0.48	0.71	0.18	0.41	0.73	0.13	0.12	0.12	-0.24	0.74	-0.1	0.28	-0.24	0.37	0.21	-0.07	0.22		-0.26	0.64
Current Deferred Revenue	0.57	0.59	0.01	0.92	-0.18	-0.23	0.59	-0.24	0.81	0.41	0.19	0.07	-0.44	0.0	0.15	-0.1	0.71	0.42	0.03	0.7	-0.65	0.89	0.84	-0.26		0.02
Common Stock Total Equity	0.76	0.73	0.02	0.3	0.77	-0.36	0.73	0.72	0.3	0.49	0.8	0.11	0.06	0.02	-0.16	0.93	0.4	0.18	-0.45	0.66	0.18	0.36	0.39	0.64	0.02

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Wells Fargo Account Relationship Matchups

Wells Fargo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	973.5M	874.1M	874.7M	896.3M	642.1M
Short Long Term Debt Total	645.1M	606.3M	568.0M	539.9M	633.8M	417.6M
Other Current Liab	8.8M	51.8M	22.5M	4.7M	11.4M	18.5M
Total Current Liabilities	508.1M	434.5M	348.8M	235.1M	343.2M	297.7M
Total Stockholder Equity	189.6M	192.7M	185.1M	235.9M	158.1M	110.2M
Property Plant And Equipment Net	127.8M	120.3M	113.6M	109.0M	107.0M	181.6M
Net Debt	588.9M	588.4M	547.9M	514.5M	611.1M	401.6M
Retained Earnings	165.2M	168.2M	160.6M	211.4M	133.6M	97.4M
Accounts Payable	25.1M	26.1M	21.5M	19.6M	27.8M	20.0M
Cash	56.2M	18.0M	20.1M	25.4M	22.8M	16.1M
Non Current Assets Total	765.0M	720.8M	748.4M	798.9M	807.4M	505.6M
Cash And Short Term Investments	56.2M	18.0M	20.1M	25.4M	22.8M	25.8M
Net Receivables	8.9M	23.4M	19.1M	13.2M	10.9M	12.2M
Short Term Investments	2.6M	2.1M	2.3M	2.6M	15.6K	14.9K
Liabilities And Stockholders Equity	1.1B	973.5M	874.1M	874.7M	896.3M	638.8M
Non Current Liabilities Total	276.2M	260.2M	277.8M	351.6M	345.0M	201.4M
Inventory	209.2M	169.1M	40.2M	34.6M	52.3M	81.4M
Other Current Assets	409.5K	36.0K	25.7K	15.4K	15.6K	14.9K
Total Liab	784.2M	694.8M	626.6M	586.7M	688.2M	499.1M
Property Plant And Equipment Gross	127.8M	239.5M	240.6M	242.7M	216.5M	195.5M
Total Current Assets	286.6M	252.7M	125.6M	75.8M	88.9M	136.4M
Short Term Debt	431.0M	355.7M	304.5M	210.5M	303.7M	345.9M
Non Currrent Assets Other	606.5M	599.0M	634.0M	689.4M	699.9M	734.9M
Current Deferred Revenue	47.6M	26.8M	336.5K	281.1K	252.9K	240.3K
Other Liab	62.1M	9.6M	14.3M	22.2M	25.5M	22.9M
Net Tangible Assets	189.6M	192.7M	185.1M	235.9M	271.3M	160.3M
Other Assets	172.4M	139.0M	114.1M	589.8K	530.8K	504.2K
Long Term Debt	214.1M	250.6M	263.5M	329.5M	330.1M	223.2M
Short Long Term Debt	431.0M	355.7M	304.5M	210.5M	303.7M	387.9M
Property Plant Equipment	592.4M	581.7M	634.2M	109.0M	125.3M	119.0M
Long Term Debt Total	214.1M	250.6M	263.5M	329.5M	378.9M	246.4M
Cash And Equivalents	56.2M	18.0M	20.1M	25.4M	22.9M	24.5M
Net Invested Capital	834.7M	799.0M	753.1M	775.8M	792.0M	686.4M
Net Working Capital	(221.4M)	(181.9M)	(223.2M)	(159.3M)	(254.3M)	(267.0M)

Pair Trading with Wells Fargo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wells Fargo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wells Fargo will appreciate offsetting losses from the drop in the long position's value.

Moving against Wells Stock

0.74	PIC-A	Premium Income Split	Pair Corr
0.65	FFH	Fairfax Financial	Pair Corr
0.48	FFH-PC	Fairfax Fin Hld	Pair Corr
0.45	FFH-PF	Fairfax Financial	Pair Corr
0.44	FFH-PK	Fairfax Financial	Pair Corr

The ability to find closely correlated positions to Wells Fargo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wells Fargo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wells Fargo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wall Financial to buy it.

The correlation of Wells Fargo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wells Fargo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wall Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wells Fargo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Wells Stock

Balance Sheet is a snapshot of the financial position of Wall Financial at a specified time, usually calculated after every quarter, six months, or one year. Wells Fargo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wells Fargo 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 Wells currently owns. An asset can also be divided into two categories, current and non-current.

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Wells Non Current Assets Total vs Long Term Debt Analysis

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Long Term Debt

Wells Fargo fundamental ratios Correlations

Wells Fargo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wells Fargo fundamental ratios Accounts

Pair Trading with Wells Fargo

Moving against Wells Stock

Other Information on Investing in Wells Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Short Long Term Debt Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Total Assets

Current Deferred Revenue	- 0.65	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.52	Total Current Liabilities
Short Term Debt	- 0.49	Property Plant And Equipment Gross
Non Current Assets Total	- 0.47	Property Plant And Equipment Net
Common Stock Total Equity	- 0.45	Other Stockholder Equity
Total Current Assets	- 0.44	Property Plant And Equipment Gross